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Ted Weschler and Todd Combs stand to take over a $354bn portfolio from the world’s best-known investor
Purchase of 10.5GW of electricity highlights rising energy needs of AI and cloud computing
US pharma group follows Eli Lilly with website for patients to obtain medication online
The FT asked workers in animation, advertising and real estate to test rival AI systems that create short clips
Resurgence of free cash flow at the ecommerce group is still fresh while capital expenditure is set to rise this year
Ecommerce company’s operating income more than triples as Amazon Web Services and adverts provide a boost
Shares of world’s most valuable pharmaceuticals group reapproach record highs
Electric-car maker’s public policy unit also being disbanded as chief announces in memo hundreds more jobs to be cut
Latest move by world’s biggest money manager to build ties and win mandates in Middle East
McDonald’s and Coca-Cola among companies highlighting impact of persistent inflation
Higher processing volumes help global agricultural commodities merchant offset lower pricing
Abu Dhabi-backed group will auction off newspaper and Spectator magazine after UK government blocked takeover
EV maker’s chief executive held talks with Chinese premier and secured key approval for data use
Chief executive leaves in sign of disarray at Hollywood group
Plus, Exor scores big on Philips bet and private equity navigates Gaza war protests in south-east Asia
iPhone maker has also created a secretive Zurich lab as it prepares fightback against rivals
Agreement would give senior creditors control of reorganised co-working company in exchange for $450mn
Regulators set to express concern over insufficient moderation of political ads that risk undermining electoral process
Shares in US electric-car maker soar 17% on autonomous driving prospects in world’s biggest auto market
Justices’ denial means billionaire must have comments about electric-car maker reviewed in advance
Carrier says production problems have held up negotiations as it announces deal with Airbus
US brands including Starbucks, KFC and Pizza Hut are being targeted over Washington’s stance on Israel
Agreement comes as Microsoft-backed start-up seeks data from reliable sources to train latest artificial intelligence models
Latest offer from US private equity group wins backing of UK-listed music rights owner
Several funds have received valuable tokens that they did not buy and cannot sell
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