Analysis: Apple hired at least 36 AI experts from Google and has created a secretive European laboratory in Zurich, to develop new AI models and products (@macton93 / Financial Times)

ft.com/content/87054a…

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Sunday scoop: General Catalyst is closing on in a new ~$6bn fund, a couple of weeks after Andreessen closed $7.2bn.

on.ft.com/4bctJxK via @financialtimes

This does explain the looks when I tell people I'm such a diehard Gooner that I have a season ticket, as well as some of the party invites

TIL Americans have a *very* different understanding of Gooner than Brits.

Wish I’d known that before putting #Gooner in my Twitter bio and moving to SF.

US seeks alliance with Abu Dhabi on artificial intelligence—The talks are part of Washington’s efforts to achieve supremacy over Beijing in the development of artificial intelligence and other sensitive technologies. ft.com/content/843796… Financial Times George Hammond

Straight to Nvidia

Mistral likely to raise around €500mn if the round goes ahead. €5bn val being discussed.

Scoop w ⁦George Hammond⁩
⁦Leila Abboud⁩ on.ft.com/49HUXLw

.Google streamlines structure to speed up AI efforts. BIg winner of CEO Sundar Pichai's overhaul is Demis Hassabis, founder of DeepMind, who now has much of its AI efforts in his remit ft.com/content/26d39c… via @ft

Take it from Rob. He's built a very succesful career on making 'a bond exchange sound edgy and exciting'

Andreessen Horowitz raises $7.2bn and sets sights on AI start-ups. The big size bucks a trend in VC that has seen big funds struggle to hit targets ft.com/content/fdef2f… via @ft

When AGI?

Musk reckons as soon as next year, not everyone is convinced

ft.com/content/28ac18…

How soon will machines outsmart humans? The biggest brains in AI disagree on.ft.com/3vPsgOR

TikTok workers in the US have been saddled with millions of dollars in tax liabilities on shares they are unable to sell on.ft.com/4cMxdsr

Elon Musk predicts AI will overtake human intelligence next year on.ft.com/3J9w0O7

FT job alert: We're hiring on the Lex column for a writer in San Francisco. Come and lead coverage of the tech sector for the FT's flagship business and investment column. Get in touch to discuss the role.

Deadline April 18th: boards.eu.greenhouse.io/financialtimes…

Google considers charging for AI-powered search, in what could mark a big change to its 'free' search with advertising-driven business model, Madhumita Murgia & RichardWaters report for Financial Times ft.com/content/2f4bfe…

“Usually the depth of the downturn is in proportion to the magnitude of the bubble, which would imply we’re in for a brutal time.”

Venture Capital reckons with the end of the “megafund” era

ft.com/content/db1f79…?

PitchBook: VCs raised $30.4B globally in Q1 2024, a marked slowdown from 2023, which itself was the worst year since 2016, suggesting the end of 'megafunds' era (@georgenhammond / Financial Times)

on.ft.com/43Jol2A
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Thrilled to share I’m joining the Financial Times as U.S. deals and activism correspondent, starting later this month.