Good morning from the Financial Times.

Today is Thursday, May 21st, and this is your FT News briefing.

The chip group at the heart of the AI boom keeps on cruising, and critics say Donald Trump

has created a fund using tax dollars that will reward his allies.

Plus, the Ebola outbreak in Africa has health experts concerned.

Suddenly, infectious diseases and the devastation they can wreak

and the reminders of the COVID-19 pandemic that they provoke are in everyone's minds again.

I'm Mark Filipino, and here's the news you need to start your day.

Thank you. Filipino, and here's the news you need to start your day. Nvidia reported quarterly earnings and the world's most valuable company did not disappoint.

The chip designer saw an astounding 85% growth in revenue year-on-year-on-year last quarter, bringing it to $81 billion.

And the company said it expects $91 billion in sales for the current quarter.

Now, I know I'm throwing a lot of numbers at you right now, but here's one you should definitely remember.

$80 billion.

NVIDIA said it's approving that amount in stock buybacks

and that it's increasing its quarterly dividend.

Just to give you a sense of how well NVIDIA is doing,

it alone powered nearly a fifth of the S&P 500's gains

since the beginning of the year.

U.S. President Donald Trump has settled with the federal government over his tax returns, which were leaked in 2019, and the settlement is an unusual one.

The Justice Department will set up a fund, and if you think the current or previous administration's wronged you, you can apply for a payout from it. But critics are calling the new so-called anti-weaponization fund and a legal use of

taxpayer money. The FTs Joe Miller has been reporting on this financial vehicle and he joins me

now to talk through all this. Hi, Joe. Hi, Mark. So what is this fund? Who is it for?

...