The US is looking to its allies to make sure China doesn’t dominate the future of telecommunications. The Trump administration on Monday unveiled a partnership with 24 countries — including Australia, Germany, Japan, and the UK — aimed at coordinating strategies around 6G, which is expected to be designed to ...
Category: Semafor
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Nvidia’s frothy bet on Safe SuperintelligenceNvidia’s frothy bet on Safe Superintelligence
Wall Street is suffering from analogy slop: There’s so much money going into AI that it has to be a bubble, and surely there are parallels to past bubbles. It’s the financial crisis all over again; it’s the 1929 stock market crash; it’s the year 2000. The latest wave of ...
How Congress entrenched its own unpopularity by trying to rein in stock tradingHow Congress entrenched its own unpopularity by trying to rein in stock trading
David’s view When they’re not fighting each other, which is rare these days, Democrats agree on three points about their midterm election strategy. First, they want to talk about affordability. Second, they want to take on corruption. And lastly, the public perception that both parties are crooked makes it hard ...
Germany wants to know China’s trade vulnerabilitiesGermany wants to know China’s trade vulnerabilities
German officials are reportedly working to identify Chinese trade vulnerabilities that they could exploit should the EU enter a trade war with the Asian giant, underscoring the rising tensions between the economic superpowers. European leaders have long complained that cheap Chinese imports risk hollowing out their manufacturing capacity, particularly in ...
Economic concerns in focus as Zambia heads to the pollsEconomic concerns in focus as Zambia heads to the polls
The News Zambians will vote next month in a test for the southern African region’s most closely watched economic recovery, facing the twin pressures of emergency power imports and expanded parliamentary map that threaten to complicate the nation’s reform path. President Hakainde Hichilema is largely seen as the frontrunner in ...
Republican in Montana’s Senate race gets a boostRepublican in Montana’s Senate race gets a boost
A one-on-one matchup between Republican Kurt Alme and independent Seth Bodnar in Montana’s Senate race is looking less likely. The Montana Secretary of State’s office tells Semafor that there’s no wiggle room if Democratic Senate candidate Alani Bankhead drops out of the race in the next two weeks. “The Secretary ...
Americans see AI more negatively, poll findsAmericans see AI more negatively, poll finds
After two years of improving attitudes, Americans are turning more negative toward artificial intelligence as the technology finds its way into businesses and classrooms. Nearly four in 10 US adults believe AI does more harm than good, according to polling from Bentley University and Gallup, up from 31% last year. ...
Sudan sanctions may catch ride on defense billSudan sanctions may catch ride on defense bill
Legislation paving the way for further sanctions on parties in Sudan’s civil war has a greater chance of becoming law this year after lawmakers added it to the Senate’s version of a must-pass defense bill. Sen. Jim Risch, R-Idaho, who leads the Foreign Relations Committee, successfully filed the PEACE in ...
Chinese tech grapples with compute shortageChinese tech grapples with compute shortage
Chinese AI startup Moonshot is looking to acquire more advanced Nvidia chips to create its next model, The Information reported, as China’s tech sector grapples with an AI compute shortage. Moonshot is reported to have stitched together capacity from multiple cloud providers while developing Kimi K3, highlighting the inventiveness of ...
FIFA reveals plans for $20 billion private vehicleFIFA reveals plans for $20 billion private vehicle
FIFA announced plans Tuesday to sell a 20% stake in a $20 billion private vehicle that will run its commercial operations, as the body looks to capitalize on the lucrative men’s World Cup. The new entity seeks to raise up to $4.2 billion from external investors, a major departure from ...