President Donald Trump said on Sunday that the US should have the world’s lowest interest rates, piling pressure on Federal Reserve Chair Kevin Warsh days before the bank is expected to raise them amid an increasingly hawkish global outlook. Trump’s call comes on the heels of a hotter-than-expected US inflation ...
Category: Semafor
Category Added in a WPeMatico Campaign
Saudi pipeline shut after drone attacksSaudi pipeline shut after drone attacks
Saudi Arabia shut down its vital East-West pipeline after multiple drone attacks, intensifying the pressure on Gulf energy exports. The pipeline had provided a workaround for Saudi crude, allowing the kingdom to bypass the Strait of Hormuz; its shuttering threatens the loss of 4% of the global oil supply, Reuters ...
How the AI apocalypse story escaped containmentHow the AI apocalypse story escaped containment
Reed’s view The “AI is going to kill us all” news cycle revved up, as OpenAI’s Sam Altman and xAI’s Elon Musk joined Anthropic CEO Dario Amodei’s call to invite independent reviewers into AI labs to ensure the world’s smartest computer scientists don’t accidentally cause the extinction of the human ...
Chipmaker says data centers should report energy wasteChipmaker says data centers should report energy waste
The News Communities and governments should demand AI data center providers report how much energy they are wasting, rather than put blanket bans on the facilities, the CEO of chipmaker Onsemi told Semafor. Data center moratoriums like the one enacted in New York are “short-sighted,” Hassane El-Khoury said during a ...
We have nothing to fear but AI fear itselfWe have nothing to fear but AI fear itself
Reed’s view When researcher Jacob Coxon resigned from Anthropic this week and claimed there’s a good chance the company’s work will lead to human extinction, the world reacted with fear and outrage about AI — but most of the backlash conflates several issues, including data centers’ environmental costs, hacking, and ...
UMG and voice AI giant ElevenLabs launch AI-powered music platformUMG and voice AI giant ElevenLabs launch AI-powered music platform
Universal Music Group has found a way to work with AI. The music company announced on Thursday a partnership with voice AI firm ElevenLabs, allowing users to draw from its catalog of music — its roster of artists must choose to opt in — to create remixes and new takes ...
Silicon Valley-focused films take over HollywoodSilicon Valley-focused films take over Hollywood
Hollywood is making a gamble that AI obsession will translate into big hauls at the box office. Four movies about AI and Silicon Valley will compete this fall for theater goer dollars: A four-hour-long documentary, , which debuted at the Venice Film Festival earlier this week and which Musk has ...
AI agents hate CAPTCHA, tooAI agents hate CAPTCHA, too
Turns out AI agents hate CAPTCHA, too. In Anthropic’s new cybersecurity report, the AI lab detailed an episode in which its Mythos 5 model was undergoing testing and gained unauthorized access to the internet. As part of its exploits, the model tried to register for an account on PyPI, an ...
Treasury yields soar to almost 5% on inflation fearsTreasury yields soar to almost 5% on inflation fears
A global bond sell-off pushed 10-year Treasury yields close to the significant 5% mark, approaching their highest level in almost two decades as the Iran War and US trade policies combined to stoke inflationary fears. The increase in Treasury yields triggered a sell-off of Asian and Australian bonds, appearing to ...
Investors push for more private capital in Nigerian healthcareInvestors push for more private capital in Nigerian healthcare
The News Nigerian healthcare investors are positioning to take advantage of untapped commercial opportunities in a sector that new research says will generate more than $50 billion in sales by the end of the decade. Private companies deliver more than 60% of the healthcare services available in Nigeria to serve ...