Wimbledon has an AI problem, but are tennis players just using technology as a scapegoat?

Wimbledon’s AI-powered line calls have replaced human judges Players like Jack Draper and Emma Raducanu have voiced frustration over questionable calls Despite its precision, Wimbledon’s AI system has experienced malfunctions that raised backlash among fans as well Wimbledon made headlines this year by eliminating human line judges entirely, replacing them with an AI-powered system designed…

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Peter Thiel joins tech billionaires backing new lender Erebor to rival Silicon Valley Bank

Stay informed with free updates Simply sign up to the Financial services myFT Digest — delivered directly to your inbox. A group of tech billionaires led by Palmer Luckey, co-founder of military contractor Anduril, is preparing to launch a US bank intended to fill the gap left by Silicon Valley Bank serving start-ups, including cryptocurrency businesses. To…

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Poundland sold for less than £1

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK discount retailer Poundland has been sold for less than £1 to US private equity group Gordon Brothers, as its Warsaw-listed owner moves away from selling low-margin consumer goods. Pepco Group said it had sold…

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