New: This is the inside story of how The Line — the 500-metre-tall, mirror-glass centrepiece of Saudi Arabia’s Neom dream — unravelled.
@alisonkilling spoke to 20+ insiders to reveal how MBS’s utopian city was undone by the laws of physics and finance.
ft.com/saudi-neom-line
Just in: Nvidia has become the world’s first $5tn company after the US chip giant’s stock was propelled by strong sales of its AI systems and the prospect of expanded access to the Chinese market. on.ft.com/4o7iWvA
I asked Jensen Huang about OpenAI. He said he wouldn’t be surprised if they IPO’d next year and wished Nvidia had invested “a lot more” earlier.
“I think this is going to be one of the most successful public offerings in history,” said Huang.
on.ft.com/48QK5yc -@FT
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NEW: A little-known drone company backed by Donald Trump Jr has won its largest-ever contract from the Pentagon.
w/ @arogDC, Steff Chávez and George Steer
on.ft.com/47w7JxM
FT Investigation: At least 30 individuals or companies that have collectively donated more than $116mn to Donald Trump’s causes have received benefits or advantages from White House moves.
Read more here: on.ft.com/4o1FsGm
FT Investigation: The heart of Trump’s wealth is a rapidly growing cryptocurrency empire, which has already reaped more than $1bn in pre-tax profits, in part thanks to a crypto boom fuelled by the US administration’s own industry-friendly policies on.ft.com/4naXvZ7