Roughly 20% to 30% of operating expenses will come from spending on agents versus humans in the next three to four years, according to a new report summarizing the views of C-suite leaders from consultancy Bain & Company. Businesses looking to get a leg up on competitors say they are ...
Category: Semafor
Category Added in a WPeMatico Campaign
AI costs rising for businesses: reportAI costs rising for businesses: report
Roughly 20% to 30% of operating expenses will come from spending on agents versus humans in the next three to four years, according to a new report summarizing the views of C-suite leaders from consultancy Bain & Company. Businesses looking to get a leg up on competitors say they are ...
Why Democrats rejected ‘class traitor’ Steyer in CaliforniaWhy Democrats rejected ‘class traitor’ Steyer in California
David’s view As Tom Steyer became the least successful self-funding candidate in modern US political history this week, his initial years in Democratic politics felt like a fever dream. Steyer, who liked to say that he became a hedge fund billionaire “by accident,” joined Democratic politics at the start of ...
Why Democrats rejected ‘class traitor’ Steyer in CaliforniaWhy Democrats rejected ‘class traitor’ Steyer in California
David’s view As Tom Steyer became the least successful self-funding candidate in modern US political history this week, his initial years in Democratic politics felt like a fever dream. Steyer, who liked to say that he became a hedge fund billionaire “by accident,” joined Democratic politics at the start of ...
Oman pulls in $9B in fresh foreign investmentOman pulls in $9B in fresh foreign investment
Oman announced $9 billion worth of projects involving investors from Asia, Europe, and the Middle East — a sign of how the country is proving more able than some in the region to handle the disruption caused by the Iran war. They include a slate of 10 deals in the ...
Prewar, Gulf corporate profits were on a tearPrewar, Gulf corporate profits were on a tear
Early in 2026, it looked like Gulf businesses were in for a banner year. The region’s listed companies saw net profits rise 15.5% to a record $67.9 billion in the first quarter, according to a report by research firm KAMCO Invest. Saudi Aramco led the way by making $32 billion ...
Abu Dhabi continues to attract startup founders despite warAbu Dhabi continues to attract startup founders despite war
Kelsey’s view Organizers feared a subdued annual gathering for Abu Dhabi’s seven-year-old entrepreneurial center Hub71; the vibe at the event this week was anything but. There were hundreds of attendees — entrepreneurs, investors, academics, and corporates — noshing on handouts of poke bowls and mango popsicles, with one founder wearing ...
Foxconn to invest in Vietnam green energyFoxconn to invest in Vietnam green energy
Foxconn, the world’s biggest electronics manufacturer, said it will invest in one gigawatt of solar and wind energy production in Vietnam, where energy supplies have been upended by the war in the Middle East. The southeast Asian country imported almost 80% of its oil from Kuwait before the start of ...
Europe expands regulatory crackdown on Big TechEurope expands regulatory crackdown on Big Tech
Europe opened new fronts in its regulatory crackdown on Big Tech. Brussels ordered Meta to reverse a block on third-party AI assistants on WhatsApp, arguing that the tech giant was using its dominance to favor its own AI services; it follows antitrust cases against Google and Apple, and an extant ...
The case for space data centersThe case for space data centers
Building data centers in space could be cost-effective by around 2040, analysis suggested. Launch costs mean orbital compute is roughly four times the price of terrestrial, SemiAnalysis wrote, and its purported advantages such as easy cooling and constant solar power are overstated. But by the early 2030s, space data centers ...