Category: Semafor

US pharmaceutical giant Eli Lilly inked a $2.75 billion deal with a Hong Kong-listed biotech firm to create new medicines using AI. Insilico Medicine, which develops drugs in China and went public in December, says it has produced at least 28 medicines using generative AI tools, with nearly half at ...

Acting Consumer Financial Protection Bureau Director Russ Vought huddled with House Financial Services Committee Republicans Friday morning, four lawmakers told Semafor. The lawmakers said they discussed opportunities to rein in that agency without shuttering it, including establishing greater congressional oversight. A federal judge recently ruled the CFPB must continue to ...

Reed’s view Social media had its “Big Tobacco” moment this week, when a Los Angeles jury found Meta and Google liable for harming a teenage girl with addictive features. The verdict was a big deal, showing how plaintiffs’ attorneys can sidestep Section 230, which shields platforms from liability for what ...

A US federal judge’s decision to halt the Trump administration’s designation of Anthropic as a supply chain risk — a preliminary win for Anthropic in its lawsuit against the Pentagon — shows just how little this fight had to do with national security concerns. “If the concern is the integrity ...

Google is hedging its bets on quantum. For years, the search giant has been all-in on superconducting qubits: Microscopic artificial circuits printed on chips and brought down close to zero degrees kelvin, requiring the iconic copper “chandelier” we’ve come to associate with the pursuit of quantum computing. But there are ...

Whatever your thoughts on Elon Musk’s politics, his management philosophy — lean, fast-moving, unconventional — is especially apropos in the age of AI. That’s why Jon McNeill’s new book, , is the most important business book of the year. And the first-ever written by one of Musk’s direct reports. If ...

Cryptography needs to be ready for quantum computing by 2029, Google warned. Modern encryption uses math equations that would take conventional computers trillions of years to crack. In theory, quantum computers could do that math instantly. “Q-day,” when the tech renders existing encryption useless, was — like fusion power — ...

Clay Chandler’s view The US is fighting Iran with one hand while funding it with the other — and accelerating the growth of a yuan-based financial corridor that it’s becoming too big to ignore. In the space of a single week, the US struck Iran’s Kharg Island, temporarily lifted sanctions ...

The discovery of a canine jawbone in a cave in southern England suggests that dogs were domesticated 5,000 years earlier than previously thought. The bone dates from around 15,000 years ago; older dog-like bones do exist, some as old as 33,000 years, but scientists dispute whether they are true dogs ...

The war in the Middle East threatens to unleash a global food crisis, with experts forecasting the impact could be worse than that sparked by Russia’s invasion of Ukraine. Iran’s closure of the Strait of Hormuz, through which a large share of the world’s fertilizer passes, is putting farmers at ...