Category: Semafor

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China announces $1T push to become ‘sports powerhouse’China announces $1T push to become ‘sports powerhouse’

China plans to spend at least $1 trillion in the next five years to become a “sports powerhouse,” officials announced Thursday, as Beijing bets that more outdoor sporting events can stimulate sluggish domestic consumption. Along with widespread renovation of sporting facilities, the push aims to root out the corruption and ...

OpenAI begins phased rollout of GPT-6 Astra modelOpenAI begins phased rollout of GPT-6 Astra model

OpenAI began a phased release of its newest model Thursday, which the company said surpasses Anthropic’s most advanced models and meaningfully approximates “artificial general intelligence.” GPT-6 Astra is the startup’s first to cross the “critical” cybersecurity capability threshold, OpenAI said, and will be initially limited to businesses to allow them ...

The best corporate regulator in America isn’t the SEC. It’s the NBA.The best corporate regulator in America isn’t the SEC. It’s the NBA.

Liz’s view The NBA just showed corporate wrist-slappers how it’s done. The SEC, CFTC, OSHA, EPA, etc. should take some notes. The penalty handed to the Los Angeles Clippers is the best I’ve seen as a reporter covering companies that sometimes behave badly. The Clippers will forfeit their next five ...