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FT News Briefing

Rishi Sunak tries to rally Conservatives

FT News Briefing

Forhecz Topher

News, Daily News, News & Politics

4.41.3K Ratings

🗓️ 13 May 2024

⏱️ 14 minutes

🧾️ Download transcript

Summary

UK Prime Minister Rishi Sunak tries to revive Conservative morale with a speech in London, four Chinese generative artificial intelligence start-ups have been valued at more than $1bn in the past three months, and US shale oil companies are under the spotlight over allegations of manipulating prices. Plus, the frontrunner in Mexico’s presidential election is promising more of the same.


Mentioned in this podcast:


Rishi Sunak to warn Britain ‘at a crossroads’ as he readies Tories for election

US shale companies accused of collusion over oil price

Four start-ups lead China’s race to match OpenAI’s ChatGPT

Mexico’s presidential frontrunner defends sweeping legal reforms


The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Denise Guerra, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.


Read a transcript of this episode on FT.com


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Transcript

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0:00.0

The UK's energy partner.

0:06.0

Learn more at equinore.

0:10.0

At equinore. UK. Good morning from the Financial Times. Today is Monday, May 13th, and this is your

0:18.0

FT news briefing. The UK's Prime Minister is trying to shake off bad reviews before a general election

0:26.0

and Chinese AI startups are looking to play catch-up with rivals in the US.

0:31.0

Plus, the F.T.'s Michael Stott checks in with the front runner in Mexico's

0:35.4

pivotal election. One of the questions I asked her was who is cloudier shinebound

0:40.2

really. I'm Kasha Bersalian and here's the news you need to start your day. UK Prime Minister Rishi Sunak is set to speak in London today. He'll be trying to rally conservatives ahead of a general election that's likely to happen later this year.

1:08.0

Sunak is expected to say that Britain is at a quote crossroads where voters will have to make difficult political

1:14.0

choices in a rapidly changing world. He'll try to make the case that even though

1:18.6

the Tories have been in power for a long time he has bold ideas.

1:23.0

Unfortunately for Sunak, this is kind of a tough sell.

1:27.0

His party is sitting roughly 20 points behind labor in opinion polls.

1:31.0

And conservatives had a pretty rough showing in local elections

1:34.9

earlier this month.

1:36.0

So we all know that massive amounts of money are being invested in artificial

1:46.9

intelligence but when we talk about the companies that all these funds are

1:50.9

going to they're usually in the US. Now China's AI companies are trying

1:56.5

to capture more attention and it seems to be working. The Fte's Eleanor Alcott is here to talk to me about it.

2:02.4

Hi Eleanor. Hi. Hi. he's Eleanor Alcott is here to talk to me about it.

2:02.6

Hi, Eleanor.

2:03.8

Hi.

...

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