Lidl owner co-leads $500mn deal to fuel German AI start-up
Investment in Aleph Alpha involves equity injection, research grants and commitments to joint business developmentArtificial intelligence
Why crypto is a poor relation of digital payments
Real-world use will still be the main driver of growth Fintech
We must stop AI replicating the problems of surveillance capitalism
There should be less focus on ‘Terminator’-style scenarios and more on economic data disclosureArtificial intelligence
Greensill misled German regulator on insurance deal, IAG claims
Defunct lender hid deal to fund its own claims as it sought lower capital requirements, insurer allegesFinancial & markets regulation
South Korea bans short selling until 2024
Kospi stock index rises as much as 4% after regulator vows to investigate ‘naked’ shorting by institutional investorsFinancial & markets regulation
North America set to keep its grip on music streaming
Region dominates continued rise in global spending by subscribers but industry faces pricing challengesDigital Media
Software companies line up for share of generative AI spoils
Fastest growth expected in consumer market, which is forecast to generate $11bn alone in revenue by 2028Artificial intelligence
Fibre broadband in emerging markets powers growth of digital economies
Latest update of the FT-Omdia Digital Economies Index highlights rapid spread of fast and reliable internet connectionsDigital Media
EU pressures airlines over soaring fares
Transport commissioner says Brussels needs ‘detailed explanation’ after ticket prices rose 30% over summer Travel & leisure industry
Volvo Cars exploring investment into US expansion
Swedish brand eyes President Joe Biden’s green subsidies as it prepares to buy EV batteries from European start-up Northvolt Electric vehicles