The creation of Nivius Group by Yandex founder to focus on AI infrastructure

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Exploration of how the invasion of Ukraine led to significant changes at Yandex, with staff departures, investor withdrawals, and the establishment of a new company Nivius Group by Arkady Voloy.

Chip stocks dipped yesterday after Trump’s comments rattled investors, the EU spoke up against Viktor Orbán’s recent travels, and a bid to force Amazon to recognise a union failed in the UK. Plus, the FT’s Madhumita Murgia explains what Yandex’s move into Europe signifies.

Mentioned in this podcast:

Chip stocks tumble as Trump comments rattle investors

Donald Trump has ‘well-founded plans’ for Russia-Ukraine peace talks, Viktor Orbán claims

Amazon beats back union bid for UK recognition

Yandex founder to build AI business in Europe after Russia exit

The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. 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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