FT News Briefing

The scramble for a new EU leader

Jan 10, 2024
Chinese tech firms are creatively repurposing gaming chips for AI amid U.S. sanctions. The European Union faces a leadership scramble as Charles Michel's departure raises concerns about Viktor Orban's influence. Meanwhile, a gripping UK television drama about a long-standing post office scandal has sparked public outrage and calls for accountability, revealing deep emotional scars from wrongful accusations against sub-postmasters. All this highlights the urgent need for reform in public institutions.
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ANECDOTE

Gaming Chips for AI

  • Chinese companies repurpose NVIDIA gaming chips for AI due to US sanctions.
  • This workaround is inefficient, like using a kitchen knife for artwork, but shows their desperation.
INSIGHT

EU Leadership Scramble

  • Charles Michel's run for parliament creates a scramble for EU Council President.
  • If a replacement isn't found by July, Viktor Orban might assume the role due to a calendar quirk.
INSIGHT

Orban's Potential Impact

  • If Orban becomes Council President, he could control agendas and potentially disrupt EU decision-making.
  • This power could hinder consensus and affect the EU's operations.
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