Excellent investigation led by @leee_harris on the money moving around Mark Walter’s empire as investors recently dug into a revenue shortfall at his asset manager. giftarticle.ft.com/giftartic…

Scoop: OpenAI is in talks with investors for a new round at a ~$1.2tn valuation. Convos are early and terms could change, not least because the market is working out how to price in existential risk from AI. w/ George Steer ft.com/content/27509db8-b032…

Yesterday was my last day as a credentialed journalist in China. I moved to Beijing in 2018. The past eight and a half years have been the longest I’ve ever lived in one city. It’s been the experience of a lifetime. 过去八年半的酸甜苦辣一下子涌上心头了

OpenAI has proposed that the US government takes a 5% stake, worth around $40bn at its current valuation — my latest exclusive w / @GeorgeNHammond

Bain says it is using AI coding tools to recreate pieces of target companies' software, making hundreds of rough prototypes in recent years as due diligence (@rwmcmorrow / Financial Times) (Visit Techmeme dot com for the link and full context!)

Goldman Sachs expects SpaceX’s AI revenue to surge 100 times by 2030 ft.com/content/516cd0e5-a402… via @ft

I spent the last 2 months getting under the skin of Anthropic and its leaders. My @FTMag cover story this weekend captures the world’s most valuable AI start-up in this moment as it looks ahead to its next act. Here’s 6 things I learnt during my reporting ft.com/content/e17665ea-c5ca…

Brilliant read on all the ways that Elon is exerting his control over SpaceX in the upcoming IPO by @sjhmorris @GeorgeNHammond @rwmcmorrow. It’s like a corporate governance masterclass in reverse. Investors are lapping it up anyway.

The FT spoke to Henry Kravis and George Robert as KKR turned 50. We spoke about the private markets they helped create and which now face a crunch, and how their once rebel partnership had changed the corporate mainstream before ultimately entering it. giftarticle.ft.com/giftartic…

SCOOP: Meta is building its own OpenClaw equivalent to carry out everyday tasks for its billions of users The advanced assistant will be powered by its new Muse Spark model It comes after OpenClaw founder Peter Steinberger chose to join OpenAI over Meta as.ft.com/r/e9dea469-e3d0-4f…

This story - November 14 - received considerable criticism at the time. Congrats to my colleagues @tim @sjhmorris @MActon93 @DanielThomasLDN for nailing it. Enormous scoop, now confirmed by @apple

Great story — also the subject of the Apple in China epilogue, coming out for the paperback edition next month. It ends: “China, once the world’s work-shop, has emerged as something far more consequential: an innovation and production hub, with gargantuan scale and equal ambition. This is the largest geopolitical shift of our lifetimes, and we’re just beginning to reckon with what that means.”

NEW: Meta has been attempting to build photorealistic, AI-powered characters. But so-called 3D "embodiment" is difficult due to compute demands and latency issues So Meta is now focused on developing an AI clone of Zuckerberg And the CEO is personally training and testing it

China reviews Manus sale to Meta as founders barred from leaving country * Red & Peak restricted from exiting after NDRC meeting, re potential FDI violations * No official investigation or charges; both remain free to travel within China More details: as.ft.com/r/6bd99a37-410d-4f…

This is a classic Chinese industrial approach applied to a new high-tech industry. Robotics has a chicken-and-egg problem. Robots need data to improve, but they need to be good enough to actually be deployed. Enter Chinese state-backed robot data gyms. ft.com/content/85bca5c7-f64b…

👋 Back from maternity leave & into a world of the AI-driven “kill chain”. I wrote about how the technology we all use has brought unprecedented speed and scale to how the US and Israel are waging war in Iran. ft.com/content/fedb262e-e6db…