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Gain complimentary entry to the Editor’s BriefRoula Khalaf, the FT’s Editor, curates her preferred articles in this weekly bulletin.The United Kingdom achieved an unprecedented monthly fiscal surplus of £30.4 billion during January, propelled by amplified tax collections, offering encouragement to Treasury chief Rachel Reeves prior to the upcoming month’s Spring Fiscal Address.This excess was twice the amount registered in January of the preceding year and marked the apex for any given month since data compilation commenced in 1993, as reported by the Office for National Statistics on Friday.Furthermore, the surplus surpassed a November projection by £6.3 billion, issued by the…

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SAN FRANCISCO — Kristaps Porzingis commenced his inaugural appearance for the Warriors on Thursday evening, participating in a 121-110 home defeat against the Boston Celtics, a contest that lacked any true competitiveness.This marked merely Porzingis’ eighteenth match of the current season and his initial one since January 7th, a period when he was affiliated with the Atlanta Hawks, almost a full month prior to his trade to the Warriors at the transfer deadline.Consequently, the Warriors cautiously managed his reintegration, introducing Porzingis as a reserve and restricting his participation to seventeen minutes. Porzingis began sluggishly, failing to convert his initial pair…

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Sea Machines Robotics has revealed that its STEAMRACER-class self-governing surface vessel has progressed into the U.S. Navy’s ultimate competitive assessment stage within the Modular Attack Surface Combatant (MASC) program. According to a communiqué released on February 18, 2026, Sea Machines affirmed its readiness to furnish a specially designed self-operating craft, leveraging its existing autonomous technology, which the firm states has been refined and implemented over the last ten years. Since 2015, the firm has allocated over $50 million in venture-funded capital to create and deploy a comprehensive autonomous system architecture. This endeavor aims to resolve what it characterized as a…

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Aiming to attract increased artificial intelligence investment to its nation, India is organizing a four-day AI Impact Forum this week, featuring the presence of executives from prominent AI laboratories and major tech giants, including OpenAI, Anthropic, Nvidia, Microsoft, Google, and Cloudflare, as well as several heads of state. This gathering, anticipated to welcome 250,000 participants, will feature the attendance of Alphabet CEO Sundar Pichai, OpenAI CEO Sam Altman, Anthropic CEO Dario Amodei, Reliance Chairman Mukesh Ambani, and Google DeepMind CEO Demis Hassabis. On Thursday, India’s Prime Minister, Narendra Modi, is slated to deliver an address with French President Emmanuel Macron.…

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A substantial overhaul of Diageo’s senior leadership is on the agenda for its newly appointed chief executive, Sir Dave Lewis, as the ex-Tesco leader aims to eradicate the struggling beverage behemoth’s “complacent and overconfident” ethos.Lewis intends to substitute several individuals on the company’s 14-member executive committee at the producer of Johnnie Walker and Captain Morgan, according to two sources privy to the information. Investors are optimistic that Lewis will extract the world’s leading liquor corporation from a three-year slump, marked by feeble revenue expansion, earnings alerts, and internal leadership conflicts. The incoming chief, whose reputation for expense reduction gained him the…

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American legal authorities and national policing agencies dedicated more than a year to scrutinizing the connections linking Jeffrey Epstein and Customs and Border Protection personnel assigned to the US Virgin Islands (USVI), as per records lately disclosed by the Department of Justice.According to reports from The Guardian and New York Times, electronic mail, instant messages, and inquiry documentation reveal that Epstein fostered rapport with multiple personnel, hosting them on his private isle and proposing to fly them on marine mammal observation excursions in his chopper. He even delivered cannolis to one for the Christmas Eve celebration. Conversely, Epstein would present…

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Payne Capital Management President Ryan Payne elucidates the resilience of technology sector profits notwithstanding a minor decline lately, and how recruitment in artificial intelligence might counteract an influx of baby boomers entering retirement on ‘Mornings with Maria’. Amazon’s most recent round of job cuts has reportedly impacted New York, resulting in hundreds of staff members being let go. Approximately 135 white-collar workers at Amazon’s 1440 Broadway office in Manhattan faced dismissal in January, the New York Post stated, referencing a document presented to the New York State Department of Labor.Over 100 additional staff members situated in New York also experienced…

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Ordinarily, upon encountering a heartwarming narrative about locating a misplaced canine, one typically doesn’t promptly experience dread and disgust. However, such was precisely the scenario following a Super Bowl advertisement from Ring, the security camera firm owned by Amazon. Currently, a collective is proposing to dispense a $10,000 reward to reclaim governance over the personal information managed by Ring.The advertisement showcased a novel capability from Ring, dubbed Search Party. This system employs a grid of Ring surveillance devices to meticulously search a vicinity for indications of missing canines. Yet, as insights from a confidential internal Ring email, disclosed by 404…

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Nvidia is escalating its initiatives to engage India’s artificial intelligence startups at an earlier stage of their development. This week, it unveiled a series of collaborations, specifically crafted to connect with innovators even before their companies are formally established. This strategic move aims to help the AI chipmaker foster relationships with prospective customers in one of the world’s most rapidly expanding developer markets. This recent action stems from a collaboration with Activate, an early-phase venture capital firm. Activate intends to financially support approximately 25 to 30 AI nascent companies from its initial $75 million fund, simultaneously granting its portfolio entities…

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