Iran
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South Korea’s Upstage enters global AI race
Start-up has produced a large language model that performs as well as advanced systems in the US and China
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Nvidia and AMD to pay 15% of China chip sale revenues to US government
Chipmakers agree to unusual arrangement to secure export licences from Trump administration
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FirstFT: Nvidia and AMD to pay portion of China chip sale revenues to US government
Also in today’s newsletter, Europe urges Trump to use sanctions pressure against Russia, and rice prices plunge to 8-year low
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Israel protesters intensify pressure against plan to expand Gaza war
Meanwhile in Gaza, five people, including two children, died in the past 24 hours from malnutrition, the Hamas-run health ministry…
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Intel must not bow to Trump’s attack on its CEO
Lip-Bu Tan is better equipped to transform this company’s fortunes than anyone else
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Rolls-Royce agrees deal to offload £4.3bn pension liabilities to PIC
London-listed aerospace group joins several other large employers taking advantage of effects of higher interest rates
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Netanyahu’s Gaza war plan will fail, warns Israel’s finance minister
Far-right ultranationalist Bezalel Smotrich says he has ‘lost faith’ that PM can achieve ‘decisive victory’
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The rise of America’s intangible economy
Investments in non-physical assets demystify the US stock market’s performance
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Will US inflation numbers withstand pressure from Trump?
Market Questions is the FT’s guide to the week ahead
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