Central bank raises borrowing costs for the first time since 2007 in a historic shift
Microsoft has hired the co-founder of Google’s DeepMind, the Bank of Japan raised interest rates for the first time since 2007, and leading European and UK artificial intelligence start-ups have been lobbied to move their headquarters to rival nations.
Mentioned in this podcast: Microsoft hires DeepMind co-founder Mustafa Suleyman to run new consumer AI unit Bank of Japan ends era of negative interest rates Unilever to split off ice cream business and cut 7,500 jobs Rival nations seek to poach top UK and European AI start-ups Get 40% off a digital FT subscription: ft.com/briefingsale The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino.