Ukraine’s ‘Rosie the Riveter’ moment
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 24 May 2024
⏱️ 13 minutes
🧾️ Download transcript
Summary
Elon Musk’s xAI has secured new backing from three Silicon Valley venture capital giants, women in Ukraine have increasingly stepped into roles men used to perform before Russia’s full-scale invasion, and the FT’s Soumaya Keynes explains why the UK’s Labour party benefits from being boring.
Mentioned in this podcast:
Elon Musk’s xAI secures new backing from Andreessen Horowitz, Sequoia and Tribe
Ukrainian women wanted in factories as men drafted into army
How large might Labour’s ‘dullness dividend’ be?
Introducing The Economics Show with Soumaya Keynes
The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by 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
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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 | Good morning from the Financial Times. Today is Friday, May 24th, and this is your |
| 0:17.4 | F.T. News briefing. Elon Musk is getting in on that big AI money and Ukraine's need for soldiers has left some of its biggest industries in the lurch |
| 0:29.4 | Plus the F. T. Sumaya Keynes says that Labor is trying to make Britain boring again. |
| 0:35.6 | The jury is out on whether it'll work. |
| 0:38.0 | I mean I think they would probably say well that's the foundation and then we'll do the ambitious stuff. |
| 0:44.0 | I'm Mark Filipino and here's the news you need to start your day. Elon Musk's AI startup has secured a big fundraising boost from three Silicon Valley |
| 1:07.6 | venture capital giants, Andresen Horowitz, Sequoia Capital and Tribe Capital. |
| 1:13.4 | The startups called X-A-I, and Musk is getting close to finishing a $6 billion funding round. |
| 1:20.3 | Musk is trying to catch up to the big players in the industry. |
| 1:23.2 | Open AI, Anthropic, and Google have all released more powerful generative AI models. |
| 1:29.2 | Musk is hyping the connection to his other companies, they could give X-AI a leg up on tech, data, and early revenue. |
| 1:37.0 | Factories in Ukraine are putting help wanted signs in their windows. |
| 1:48.0 | With more and more men drafted into the war with Russia, |
| 1:52.0 | major industries are struggling to keep up production. |
| 1:55.0 | Isabel Kashu is here to talk to me about how the shortage of workers is changing Ukraine's economy. |
| 2:00.0 | She's been covering the issue for the F.T. |
| 2:02.0 | Hi Isabel. Hi Isabel. |
| 2:03.0 | Hi, Muck. |
| 2:04.0 | All right, so lay out the scale of the challenge for me in a bit more detail. |
| 2:09.0 | With men being drafted into the war, |
... |
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