Solar energy’s moment in the sun
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 18 September 2024
⏱️ 11 minutes
🧾️ Download transcript
Summary
BlackRock and Microsoft are launching a $30bn data centre fund to meet the growing demands of artificial intelligence, and BP puts its onshore US wind business up for sale. Meta is making teenagers’ Instagram accounts private by default and EU competition chief Margrethe Vestager speaks to the FT about her efforts to regulate in Big Tech.
Mentioned in this podcast:
BlackRock and Microsoft plan $30bn fund to invest in AI infrastructure
BP puts $2bn US onshore wind business up for sale
Instagram to make teenagers’ profiles private by default
Vestager warns EU against weakening merger rules
The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Mischa Frankl-Duval, Breen Turner, 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
Hosted on Acast. See acast.com/privacy for more information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | The UK's energy partner. |
| 0:06.0 | Learn more at equinore. |
| 0:10.0 | At Aquinore. |
| 0:11.0 | The UK. |
| 0:12.0 | Good morning from the Financial Times. Today is Wednesday, September 18th, and this is your |
| 0:18.4 | FT news briefing. Black Rock and Microsoft are trying to give AI more juice and solar energy is |
| 0:26.7 | heating up in the US. Plus the FT caught up with the EU's outgoing |
| 0:31.8 | competition chief will play you some of that conversation. |
| 0:36.1 | I'm Sonia Hudson and here's the news you need to start your day. The Black Rock is partnering with Microsoft to launch one of the biggest funds raised on Wall Street ever. The more than $30 billion fund will invest in |
| 1:06.4 | the infrastructure to bring artificial intelligence to life. You see running |
| 1:11.6 | AI computers requires a ton of power and the new fund will be putting |
| 1:16.6 | money towards data centers and the energy projects needed to keep them online. |
| 1:22.6 | In order to meet demand, Microsoft has already poured $10 billion into a renewable energy fund |
| 1:28.8 | by Canada's Brookfield Asset Management. asset management. BP has put its $2 billion U.S. onshore wind business up for sale. It wants to focus on |
| 1:45.5 | solar energy instead. The pivot is a sign of growing excitement about solar in the |
| 1:51.5 | U.S. and here to discuss is the FT's energy editor, Malcolm Moore. |
| 1:56.0 | Hi Malcolm. |
| 1:57.0 | Hi, Malcolm. |
| 1:57.1 | Hi, then. |
| 1:58.2 | So before we talk about this broader shift, |
| 2:00.8 | first, can you give me the details about what BP is doing here? |
| 2:04.0 | Yeah, so BP owns all or part of 10 wind farms in the U.S. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Forhecz Topher, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Forhecz Topher and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.