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Good morning from the Financial Times. Today is Tuesday, September 17th, and this is your

FT news briefing. The European Union is thinking up ways to get Ukraine the money it needs,

and Open AI says its new product, 01, is kind of like having a PhD mathematician's side kick.

Plus, the former president of the European Central Bank has a plan to get the EU out of its funk.

But, it takes an acute crisis for Europe to pull itself together and decide that it has to be bold.

I'm Mecha Frankel Duval and here's the news you need to start your day. The EU is coming up with a plan B to support Ukraine.

It's looking at ways to provide Kyiv with up to 40 billion euros in loans,

with or without help from the US.

This stems from an earlier plan by the G7 to use frozen Russian assets to help the war-torn country

stabilize its finances.

But here's the problem.

Hungarian Prime Minister Victor Orbán says that the EU should wait to formalise those plans until after the US election and he has veto power.

Orban's thinking here is that should Donald Trump win in November, his administration might throw cold water on the original agreement.

To get around all that, the EU's new scheme would instead issue the bulk of the loans on its own.

That would be as part of an existing financial support

package for Ukraine that expires at the end of the year. This plan would only

require majority support from EU member states, meaning it could pass without all bands vote.

The company behind Chat GPT has launched a set of new artificial intelligence models, which it claims are capable of reasoning.

Open AI says the new technology, known as 01, performs at about the same level as PhD students when carrying out tasks in physics, chemistry and biology.

Here to tell us more is Marumetamurger, who covers artificial intelligence for the FT.

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