Lex: FT's flagship investment column
Rightmove topped the leaderboard in early trade, after its results enthused investors. It saw a 9% uplift in revenues as estate agents upped spend on the portal’s extra services to keep homebuyers engaged. Rightmove is trying to move with the times, by dramatically increasing spend on AI innovations. The scale of the spend, with a bulk of a £60 million investment due to be spent on the technology over the next three years, had caused jitters among shareholders. However, now that revenues are showing some signs of keeping up with the company’s ambitions, it’s helped quell some concerns.
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However, stylecloud was hacky and fragile, and a number of features I wanted to add such as non-90-degree word rotation, transparent backgrounds, and SVG output flat-out were not possible to add due to its dependency on Python’s wordcloud/matplotlib, and also the package was really slow. The only way to add the features I wanted was to build something from scratch: Rust fit the bill.
2.6 ELU(Exponential Linear Unit)