PRESS DIGEST-Financial Times - March 10

March 10 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.

Headlines

- Sheryl Sandberg and Nick Clegg join Nvidia-backed AI start-up Nscale

- UK ministers urged to deliver on infrastructure projects as pipeline tops 700 billion pounds ($939.61 billion)

- British aircraft carrier will not be sent to Middle East, say officials

- Mongolia presses Rio Tinto to rewrite ‘unfair’ terms of $18 billion Oyu Tolgoi mine

Overview

- Nvidia-backed NVDA.O artificial intelligence group Nscale was valued at $14.6 billion after raising $2 billion in its latest funding round, as former Meta META.O executives Sheryl Sandberg and Nick Clegg join its board.

- The UK government said its pipeline of planned investment in new road, rail, energy and water projects topped 700 billion pounds, but critics raised concerns over whether the schemes would ever be delivered.

- Britain has scrapped contingency plans to send the aircraft carrier HMS Prince of Wales to the Middle East following Donald Trump’s mocking of Keir Starmer for supposedly wanting to join the war with Iran after it had already been “won”.

- Mongolia is seeking to renegotiate the “unfair” commercial terms of Rio Tinto’s RIO.L giant $18 billion Oyu Tolgoi copper mine, as rising prices for the metal and a recent electoral shift contribute to a growing political impetus to change the terms of the 17-year-old deal.

($1 = 0.7450 pounds)