Category: Semafor

The News JACKSON HOLE, Wyo. — Federal Reserve Chair Kevin Warsh made his debut Friday on one of the global economy’s biggest stages, where he appeared to play the hawk. But looks can be deceiving. Warsh used his first speech at the Kansas City Fed’s storied economic policy symposium in ...

The Scoop Google and Microsoft were both in talks with Nscale to rent AI computing capacity from the company’s massive data center project in West Virginia — a lease that ultimately went to Anthropic, a person familiar with the matter told Semafor. The AI startup will pay $45 billion to ...

The Scene If you can’t beat ’em, hook up your data to a chatbot. Salesforce this week announced “Claudeforce,” a partnership with Anthropic that lets salespeople look up customer records and check on deals by typing requests to Claude, instead of clicking through a Salesforce dashboard. The massive software solutions ...

Reed’s view One common response to warnings that a rogue AI could eventually threaten humanity is that humanity will also have plenty of AI firepower available to counter it. That idea just got a real-world test, and came up short. The research nonprofit METR (Model Evaluation and Threat Research) investigated ...

A US judge blocked the Pentagon’s attempt to designate Anthropic a supply-chain risk, a major victory for the AI firm in its legal wranglings with Washington. The Department of Defense attempted to blacklist Anthropic in February after the company refused to remove restrictions on its AI models being used for ...

Icelanders will decide tomorrow whether to resume talks on joining the EU in a vote that has taken on deeper significance in the wake of US President Donald Trump’s threats in the Arctic. Polls in the tiny island nation — which does not have armed forces —  are almost evenly split. ...

The US is reportedly in talks with Venezuela’s interim government to take a “massive” stake in the South American country’s oil resources. The proposed deal would give Washington part ownership of fields containing 90 billion barrels’ worth of proven crude deposits, more than doubling US reserves. “Calling this deal huge ...

Economists, executives, and investors will closely watch US Federal Reserve Chair Kevin Warsh’s speech today for clues about future central bank policy, and whether he will be more open about his outlook for the economy. Traders are overwhelmingly betting that the Fed will raise rates at least once over the ...

Wheat futures hit their highest level in more than three years as the war in Ukraine strained supplies, further weakening the global food system. Kyiv and Moscow have stepped up attacks on the Black Sea — a key transit route for a large share of global grain exports — as ...

The US campaign to inflict economic pain on Iran is squeezing the Iranian people, but is unlikely to move their leaders to end the war, analysts argued. The threat of sanctions triggered panic buying for food and fuel this week, The Wall Street Journal reported, sparking small labor demonstrations across ...