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Exclusive: Squint raises $40 million at $265 million valuation to modernize manufacturing for companies like Pepsi and Michelin

Manufacturing dates back about 2.5 million years, when early hominins fashioned stone tools. Since then, it’s been an industry formed and reformed by technology.  And as AI has become the axis on which all technology turns, it makes sense AI would make its way into factories of all kinds—but startups focused on AI in industrial … Read more

“Chaos is the new order”—Fortune 500 Europe Michelin CEO says agility is antidote to global trade wars

The global economic system is entering a period of radical change. For multinationals with cross-border supply chains, this is a problem. However, Michelin’s CEO Florent Menegaux argues that the flexibility his company has developed during the last decade will help it prevail through turbulent times. “The world was different before COVID and before President Trump … Read more

Bridgestone and Michelin test advances in puncture-free tyres

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Car parts supplier Bridgestone is testing advances in tyres that never puncture, potentially smoothing the path for more self-driving vehicles. The Japanese company, which vies with France’s Michelin to be the world’s largest tyre supplier, … Read more

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