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Letter: Standard Chartered will invest in people to thrive in the AI age

From Bill Winters, Group Chief Executive, Standard Chartered, London EC2, UK

From Vijay Dandapani, New York, US

From Andrea Micheli, London SW3, UK

From Dr Carl Wright, Chair, European Local Links, Hoath, Kent, UK

Capital expenditures more than doubled as company accelerates pivot to AI and robots

Greg Ward appointed to lead Australian investing giant

More entrepreneurs from China believe there are now greater opportunities at home than in Silicon Valley

The country is demanding far too much of a world fixated on cheap consumer goods

Search giant says it will commit up to $205bn to AI investments in 2026

Critics warn agreement lacks safeguards to prevent future uranium enrichment and reprocessing

Andreessen Horowitz and the riding hailing group join funding round

Increasing use of aggressive training techniques sharpens threat of bad behaviour by leading models

Also in today’s newsletter: OpenAI ‘agent’ hacks into start-up and India’s Gen Z takes on Modi

Groups such as Greece’s Dynagas will be allowed to continue carrying Russian LNG

Scaling up brings economies of scale, and the island is taking another lesson from China’s playbook: dual-use technology

Clash revived warnings of undue state influence in Brazilian mining company as pension fund’s candidate wins vote

Commerce panel approves legislation barring companies with significant Chinese ownership from US market

US president’s warning marks latest attempts to assert American control over Strait of Hormuz

Cash-strapped carmaker defies lenders who branded transaction with BlackRock-owned HPS as ‘extraordinary’

Real estate group Prologis’s ‘best and final’ approach for London-listed rival follows previous £13.5bn bid

Reducing the cost of capital is the only way to ensure the expansion of renewable energy across the continent

Shipping group Dynacom ‘trying to verify’ whereabouts of vessel hit in Strait of Hormuz