Category: Semafor

The AI bill is coming for governments and businesses, and no one knows whether the money will be there to pay it. Two new reports from consulting giants show how the AI adoption conversation has shifted from whether it works to whether the spending on it is sustainable, as pilot ...

The Scoop On June 1, OpenAI chief strategy officer Jason Kwon gave employees a preview of a blog post denying the company had any connection to Leading the Future, a super PAC established to defend AI from regulation. OpenAI president Greg Brockman’s support for the super PAC “has been in ...

The 80-kilometer stretch between Abu Dhabi and Dubai — a barren expanse of farms, factories, warehouses, and not much else — is now drawing multibillion-dollar property projects. Aldar, the capital’s biggest developer, and Sharjah’s Arada formed a 15 billion dirham ($4.1 billion) partnership whose centerpiece is a villa and townhouse ...

The fallout from Manchester City’s guilty verdict last week is threatening more than the club’s trophy cabinet: Billions in investment are now on the line. Emirati officials have reportedly warned the UK government that the ruling could reduce Abu Dhabi’s appetite for big commitments in Britain, according to Bloomberg. The ...

David’s view If the vice president delivers a campaign speech, does it make a sound? One irony of modern elections, when everything a politician says behind a microphone is livestreamed, is that few of his words get heard outside the room. Since the Republicans’ midterm convention, which didn’t give their ...

Meta said it’s letting go of employees it hired from AI safety startup Virtue AI four months after they joined the company in June, Meta spokesperson Andy Stone told Semafor, chalking it up to clashing work styles. The departures show Meta is still shaping its strategy around AI and AI ...

Amazon today announced new commitments to generate buy-in for US data centers and rebutted criticism about the facilities. The tech giant vowed to publish its energy and water use annually, and spend more than $1 billion over five years on free community college, trades training, and home energy-efficiency upgrades in ...

EU member states readied talks over a feared diesel shortage as surging prices drove major refiners to ban exports, moves that threatened economies worldwide. Friday’s talks come after the Trump administration demanded European countries release their own diesel stockpiles or face a ban on purchases from the US — the ...

The US dispatched another aircraft carrier and thousands more troops to the Middle East, signaling a potential escalation in the Iran war. US President Donald Trump said in a recent interview that a resumption of military strikes was “possible,” after last month rejecting an Iranian proposal to reopen the Strait ...

Matthew’s view Saudi Arabia’s recently appointed stock market regulator has had a whirlwind few weeks. Mazen Al-Sudairi is leading an overhaul of the Capital Market Authority’s rules, one of the kingdom’s biggest revamps since it opened its stocks to foreign investors in 2015. That shift, from shunning so-called “hot money” ...