Argentine President Javier Milei is pitching his country as a regulation-free “AI hub,” as US tech firms weigh building data centers abroad in the face of overwhelming domestic pushback. Milei, a self-described anarcho-capitalist, has pushed for a tax break for the facilities and touted Argentina’s “abundant energy” and “extensive, inhospitable ...
Category: Semafor
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IBM to curb sponsorship of visas, green cardsIBM to curb sponsorship of visas, green cards
IBM said Tuesday it was discontinuing its sponsorship of US visas and green cards in its largest division, marking a win for the Trump administration, which has sought to crack down on corporations’ hiring of foreign workers. As part of its sweeping anti-immigration agenda, the White House has proposed changes ...
He took down Andrew Cuomo. Now Jensen Huang is in his crosshairsHe took down Andrew Cuomo. Now Jensen Huang is in his crosshairs
The Scene Joon Kim has taken down mobsters, pursued a congressman, and investigated sexual harassment claims that toppled a New York governor. His latest assignment will decide the fate of a $4 trillion dollar company the global economy depends on. The former acting US Attorney for the Southern District of ...
NYC’s $325B pension giant can’t hide from AI, but it wants toNYC’s $325B pension giant can’t hide from AI, but it wants to
New York City’s $325 billion pension system has started turning down private-market AI deals it considers strong on the merits, because it already owns too much AI. “It’s hard to diversify such a big portfolio under any circumstances because you’ve really got to be in every asset class, and we ...
The first sci-fi Booker winnerThe first sci-fi Booker winner
by M. John Harrison. Some described Harrison as the “first science fiction author” to have won the Booker Prize, but The Times of London instead labeled him “homeless as far as genre is concerned.” Throughout his decades of writing, the 81-year-old’s work has maintained “an unpredictability and an off-kilter quality,” ...
Nvidia spy scandal tests whether any CEO is indispensableNvidia spy scandal tests whether any CEO is indispensable
Liz’s view How do you fire a CEO who has delivered 700,000% returns? One easy way is for the government to make you, but President Donald Trump thinks Nvidia’s Jensen Huang should keep his job. Another is for shareholders to make you, but I’d expect Nvidia’s shares to regain Monday’s ...
ADNOC Gas lifts profit outlook after beating earnings forecastADNOC Gas lifts profit outlook after beating earnings forecast
ADNOC Gas has raised its outlook for full-year profits by at least 14% after third-quarter earnings smashed expectations — and views a looming glut of LNG on the global market as an opportunity rather than a risk, CEO Fatema Al Nuaimi told Semafor. Although overall Gulf LNG exports are recovering ...
More renewables and Hormuz disruption drive emissions fallMore renewables and Hormuz disruption drive emissions fall
Global fossil fuel emissions are projected to fall by 0.4% in 2026, driven by the rapid expansion of solar and wind power and the energy supply shock caused by the Iran war, according to research by the Global Carbon Project. But the decline is not yet fast enough to be ...
US solar learns to live without ChinaUS solar learns to live without China
The News Washington wants to make it harder for US solar firms to rely on China. A panel factory in Texas shows how that’s already happening — but why weaning them off entirely could be harder than it looks. The industry is bracing for one of its biggest shocks in ...
Support for death penalty reaches 50-year low, poll findsSupport for death penalty reaches 50-year low, poll finds
Support for the death penalty in the US has dropped to a more than 50-year low following a botched execution in Tennessee. Forty-nine percent of American adults approve of the death penalty for convicted murderers, according to Gallup, the first time the figure has dropped below 50% since 1971. Support ...