When OpenAI announced Sam Altman’s return to the helm on Tuesday evening, an impromptu party broke out at the company’s San Francisco offices. As staff celebrated the reinstatement of the co-founder who was dramatically sacked just four days earlier, investors in the company and other tech leaders rushed to offer their support to Altman, with
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On a recent Saturday evening, the grand old railway station in the western Ukrainian city of Lviv was a sea of khaki. Soldiers of all ages milled around the central hall, saying goodbye to parents, children, grandchildren, lovers. All the while, units back from the front streamed out into the rain. One young vet had
Donald Trump is planning to gut US President Joe Biden’s landmark climate law, increase investment in fossil fuels and roll back regulations aimed at accelerating the transition to electric vehicles if he is elected next year. Senior campaign officials and advisers to the former president said he would seek to radically overhaul US climate and
Benjamin Netanyahu pledged to achieve two things when he launched a ground invasion of Gaza in response to Hamas’s deadly October 7 attack on Israel: to destroy the militant group and free the 240 hostages captured as its fighters rampaged through the south of the country. But even as Israel began inching towards one of
Dutch far-right leader Geert Wilders is on course to win the most votes in parliamentary elections on Wednesday that were dominated by debate about rising immigration in the Netherlands, according to an exit poll. Wilders’ Freedom party is projected to win 35 seats, doubling its total, followed by a left-wing alliance led by the EU’s
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Buoyed by improved borrowing forecasts, chancellor Jeremy Hunt on Wednesday chose to use his extra fiscal wriggle-room to court businesses and voters with tax cuts. The political appeal of the strategy was obvious, given the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Dutch far-right leader Geert Wilders is on course to win the most votes in parliamentary elections on Wednesday that were dominated by debate around rising immigration in the Netherlands. Wilders’ Freedom party is projected to
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Jeremy Hunt has been chancellor for a little over a year. He is not at fault for the overall record of the Conservatives in government: after all, he is the seventh chancellor in the past
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Enjoy this “down payment” on the Conservatives’ careful stewardship of the economy. There won’t be many more. There’s still the spring Budget to come, but chancellor Jeremy Hunt’s generosity was that of a man who
Just two months ago, Jeremy Hunt warned tax cuts were “virtually impossible”. On Wednesday the UK chancellor made a dramatic political pivot as he unveiled £20bn of tax cuts in the Autumn Statement. Downing Street strategists had originally planned that the Autumn Statement would be a workmanlike, “growth-focused” event, setting up a tax giveaway in
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK chancellor Jeremy Hunt has cut national insurance by 2 percentage points and made business investment tax relief permanent, as he put a £20bn tax giveaway at the heart of his Autumn Statement. Hunt claimed
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Jeremy Hunt sought to present an optimistic vision of UK growth as he announced various measures to “turbo-charge” the economy, but forecasts were cut sharply on Wednesday amid high inflation and interest rates. The chancellor
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK chancellor Jeremy Hunt said on Wednesday he would explore options to sell part of the state’s holding in NatWest to retail investors. The Treasury still owns 39 per cent of the UK high street
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Labour held back from criticising any of the policies outlined by Jeremy Hunt in his Autumn Statement on Wednesday, as the UK’s main opposition party sought to avoid traps set by the ruling Conservatives ahead
Chancellor Jeremy Hunt had been under intense pressure from fellow Conservatives to deliver a tax-cutting Autumn Statement that showed the party was responding to voters’ financial struggles. Hunt had warned in recent weeks that the UK could not afford to cut taxes, even as a general election looms next year. In the event, he said
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. David Cameron was not a centrist, but he did a remarkably good job of playing one on television. For six years as prime minister, he successfully posed as a middle-of-the-road Boden dad. The reality —
Stay informed with free updates Simply sign up to the US foreign policy myFT Digest — delivered directly to your inbox. US authorities thwarted a conspiracy to assassinate a Sikh separatist on American soil and issued a warning to India’s government over concerns it was involved in the plot, according to multiple people familiar with
11/22/2023, 8:11:44 AM What businesses want from Jeremy Hunt Oliver Ralph For lobbyists, set piece financial announcements are a great opportunity to push the government for specific measures, and this year’s Autumn Statement has been no different. Here is what the main business lobby groups have on their wish lists: The Federation of Small Business
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Ousted OpenAI chief Sam Altman is poised to return to run the company under the supervision of a new board, following days of speculation and turmoil at the leading generative artificial intelligence start-up. In a
A former Facebook executive, an AI researcher, a tech entrepreneur and a computer scientist were the four OpenAI kingmakers who plunged the start-up into crisis last week when they fired its chief executive. The abrupt decision by board members Adam D’Angelo, Helen Toner, Tasha McCauley and Ilya Sutskever to oust Sam Altman set off a
A wrought-iron door guards the address near Central Park where Guzel Ganieva lives on the upper floors of a townhouse dating from the Gilded Age. On a winter morning two years ago, the doorman stationed there took a hard look at two uninvited guests. The visitors, a man and a woman, wore the thousand-yard stare