Category: Semafor

For anyone wondering whether Wall Street would still fly to Riyadh in wartime, Saudi Arabia’s flagship investment conference has published its RSVPs. Ray Dalio, Jamie Dimon, Larry Fink, and Stephen Schwarzman lead the speaker list for October’s Future Investment Initiative, released nearly two months out, earlier than the conference typically ...

For most of a century, oil in Saudi Arabia was like water or weather: everywhere and nobody’s subject. The kingdom’s painters gave their canvases to palm trees and dates, dhows and calligraphy, while crude merely paid for the paint. As the kingdom plans for life after oil, crude has become ...

The Scene Fielding a question from Chinese state media on Sunday, a senior government official from Saudi Arabia touted a “great wave” of scientific innovation emerging from China, and pledged the two countries would further deepen their ties, Xinhua reported. The press conference in Riyadh kicked off LEAP, a major ...

YouTube removed videos linked to a network of AI-supercharged “ghost creators” after Semafor exposed a new online business seeking to capitalize on the platform’s advertising by churning out cheap, sensationalized political videos. “We have strict policies against spam and deceptive practices,” the company told Semafor in a statement. “After a ...

Markets rallied and global bond yields dipped Thursday after a US Federal Reserve governor advocated holding interest rates steady if inflation continues to cool. “Give disinflation a chance,” Christopher Waller said, citing “slow but continued progress” toward the Fed’s goal of 2% inflation. The market odds of a September hike ...

The Signal Insight Alexander Berger arrived at the philanthropy now known as Coefficient Giving more than a decade ago to research global public health. He was a bit skeptical of its focus on more novel issues like the risks posed by artificial intelligence. But when a swarm of AI agents ...

Russia’s Vladimir Putin suggested Thursday that a settlement to end the war was possible, while Ukraine predicted a “new dynamic” in peace efforts, marking a notable shift in rhetoric that could open a window for diplomatic progress. Ukrainian President Volodymyr Zelenskyy said he expected US envoys to hold talks in ...

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 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 ...

Nvidia has agreed to buy AI firm Hugging Face for $12.9 billion in a move that expands the chipmaker’s capabilities beyond hardware and up the AI stack. Hugging Face — the AI company at the center of a hacking incident earlier this year that raised cybersecurity concerns — has exploded ...