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Richard Waters

West Coast editor

Richard Waters is the FT’s west coast editor, based in San Francisco. He leads a team of writers focused on tech in Silicon Valley. He also writes widely about the tech industry, and the uses - and impact - of technology. Current areas of interest include artificial intelligence, and the growing power of the leading US tech platforms.

His previous positions at the FT include various finance beats in London, New York bureau chief, and technology media and telecoms editor, also based in New York.

Email Richard Waters @RichardWaters  on Twitter (link opens in a new browser window)
  • Thursday, 3 July, 2025
    Business InsightVenture capital investment
    Signs of a pick-up in venture capital exits are finally emerging

    Figma listing plans might raise hopes of a rise in IPO activity

    Figma logo displayed on a smartphone
  • Thursday, 26 June, 2025
    Business InsightArtificial intelligence
    AI returns have not yet justified investment mania

    The hope (and hype) is as powerful as ever but it is hard to see where the needed revenues will come from

    The ChatGPT logo appears with a person holding a phone in their hand
  • Thursday, 19 June, 2025
    Business InsightTesla Inc
    Tesla’s robotaxi ambitions face a reality check after launch

    Autonomous ride-hailing service to make tentative debut in Austin, Texas, with only about 10 cars

    People look at the Tesla Cybercab at a car show in Paris
  • Thursday, 22 May, 2025
    ReviewNon-Fiction
    Why Sam Altman is one of tech’s great survivors

    Two timely and myth-busting books show that the AI boom is driven by the pursuit of power, wealth and hubris

  • Thursday, 22 May, 2025
    OpenAI
    Will the Jony Ive-Sam Altman show challenge Apple?

    OpenAI CEO has forecast an end to the era of smartphone dominance

    Jony Ive, left, and Sam Altman sitting in a restaurant
  • Thursday, 15 May, 2025
    Business InsightArtificial intelligence
    Trump whiplash jolts AI

    Optimism over tech stocks might be premature given the ongoing policy upheaval

    Business leaders at the King Abdul Aziz International Conference Center in Riyadh
  • Thursday, 1 May, 2025
    Business InsightArtificial intelligence
    The diverging future of AI

    Behind the scenes a new generation of more specialised agents is starting to take shape.

    Mark Zuckerberg waves before speaking at LlamaCon 2025
  • Sunday, 20 April, 2025
    News in-depthNeurotechnology
    The race to turn brainwaves into fluent speech

    Californian researchers and groups such as Precision Neuroscience use implants and AI to make advances in ‘voice prosthesis’

    Screen grab from video showing new Brain-Computer Interface (BCI) allowing a man with ALS to ‘speak’ again using a brain implant and AI
  • Thursday, 17 April, 2025
    Business InsightOpenAI
    OpenAI’s mind-boggling growth masks challenges

    As it races towards 1bn users the AI company needs to explain what, exactly, ChatGPT is for

    AI-generated image of Sam Altman created by ChatGPT
  • Thursday, 10 April, 2025
    Business InsightTrump tariffs
    Silicon Valley stands to lose from a trade war

    Big Tech’s interests are in stark contrast to the movement that put Trump in the White House

    Iphone 16 are displayed in a Apple store
  • Thursday, 3 April, 2025
    Business InsightMicrosoft Corp
    Microsoft at 50: how adaptability under Nadella is paying off

    For now, changes including AI continue to play to the tech giant’s strengths.

    Paul Allen and Bill Gates
  • Friday, 28 March, 2025
    FT Swamp Notes
    Do AI companies really care about safety? Premium content

    Or are they kidding us into thinking they are looking out for our interests?

    Logos of DeepSeek, Meta, OpenAI and Google
  • Thursday, 27 March, 2025
    Business InsightCoreWeave
    What CoreWeave investors can learn from a dotcom IPO

    The differences and similarities with Global Crossing are worth examining

    CoreWeave logo
  • Wednesday, 26 March, 2025
    Semiconductors
    TSMC’s $100bn pledge to Trump will not revive US chipmaking, says ex-Intel chief

    Pat Gelsinger, who has taken on role at venture capital firm, says US must boost R&D to gain ‘semiconductor leadership’

    Ousted Intel CEO Pat Gelsinger: ‘All of TSMC’s R&D work is in Taiwan’
  • Thursday, 20 March, 2025
    Business InsightRobotics
    The fantasy of humanoid robots misses the point

    There might be more opportunities in boring machines rather than trying to mimic a person

    People look at Tesla’s humanoid robot “Optimus
  • Friday, 14 March, 2025
    Business InsightArtificial intelligence
    Rise of the AI apps

    A blizzard of new companies is winning users for products that make work easier

    AI apps on a smartphone
  • Wednesday, 12 March, 2025
    News in-depthQuantum technologies
    D-Wave claims to have reached ‘quantum supremacy’ after costly 25-year pursuit

    The development could lead to the first practical uses of the technology and a potential pay-off for the company

    Montage of Alan Baratz with D-Wave annealing quantum computing chip
  • Friday, 7 March, 2025
    Business InsightSemiconductors
    Trump needs to find a solution for Intel

    Has the White House given up on trying to create a US national champion in chip manufacturing?

    Pat Gelsinger, chief executive of Intel, holds an AI processor up during a conference
  • Friday, 28 February, 2025
    Business InsightUS companies
    Quantum computing is struggling to reach its silicon moment

    Despite breakthroughs from Amazon and Microsoft, the industry is still a long way from building practical machines

    Majorana 1, the first quantum chip powered by a Topological Core based on a revolutionary new class of materials developed by Microsoft
  • Thursday, 20 February, 2025
    Business InsightTechnology sector
    US tech will pay a price for Trump’s approval

    The risks of a backlash are rising and could galvanise European competitors

    A Google logo sign at the Google for Startups campus in Warsaw
  • Wednesday, 19 February, 2025
    Quantum technologies
    Microsoft claims quantum breakthrough after 20-year pursuit of elusive particle

    US tech giant says it has harnessed a new state of matter to create the basic building blocks of a quantum machine

    Montage of Microsoft logo, chief executive Satya Nadella and Majorana 1 processor
  • Saturday, 15 February, 2025
    Elon Musk
    How to understand Elon Musk

    His attack on government is not ideologically coherent but it can be traced to an engineering mindset that values radical ideas

    Montage of images: Elon Musk  against a background of the US Capitol building
  • Thursday, 13 February, 2025
    Business InsightArtificial intelligence
    Big Tech is moving on from the DeepSeek shock

    The industry is turning to packaging of AI technologies rather than focusing on model training

    The Deepseek logo
  • Thursday, 6 February, 2025
    Business InsightQuantum technologies
    Quantum computing is overshadowed by rapid advances in AI

    Potentially transformative, the idea has yet to show practical value, as the boundaries between the two fields shift

    Google’s Sycamore quantum computer
  • Friday, 31 January, 2025
    The Big Read
    The global AI race: Is China catching up to the US?

    The release of DeepSeek’s new model has shaken assumptions about who has the upper hand in developing the technology

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