Inside Altman’s pitch on government AI stake

OpenAI’s Sam Altman last year offered to cede equity in his firm to the Trump administration.
Sam AltmanEvelyn Hockstein/Reuters

Saudi’s NEOM faces $16 billion bill to cancel contracts

Futuristic city once at the heart of Saudi Arabia’s transformation plan will spend more money to halt construction than on new building.
Semafor illustration. Photos courtesy of NEOM.

CBS News in the crossfire

Within the network, every editorial decision has been scrutinized by CBS’ own staff.
Screenshot/YouTube/The Interview and Mike Blake/Reuters Scott Pelley and Bari Weiss

Deepak Nath applies pressure at Smith and Nephew

The medtech CEO is standing by his company’s portfolio strategy despite calls to break it up.
Deepak NathCourtesy of Smith & Nephew/Graph Massara/Semafor
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Politics

Politicians failed kids on social media. AI is the next battle

Leaders of both parties in Washington and in state capitals are confronting AI before it becomes as omnipresent as vertical video.
Spencer CoxGuglielmo Mangiapane/Reuters

Democrat McCann pulls ahead in key House race

Bill Huizenga, who won his seat by nearly 12 points in 2024, has long been a target for House Democrats’ campaign arm.
Bill HuizengaAmanda Andrade-Rhoades/Reuters

Beleaguered in DC, Platner enters his comfort zone

Democrats’ presumptive Senate nominee in Maine isn’t going anywhere, despite the wishes of some in his party.
Graham Platner event David Weigel/Semafor

Surveillance tools expiration bears down on Senate

Democrats want to use their leverage to get Bill Pulte replaced as interim director of national intelligence.

Inside Altman’s pitch on government AI stake

OpenAI’s Sam Altman last year offered to cede equity in his firm to the Trump administration.

Treasury advances immigration crackdown

The Treasury Department took its first step this morning toward implementing an executive order that drafted banks to help crack down on undocumented immigrants.

How one Tennessee student started a red-state anti-Pride push

The movement to counter June’s role as a celebration of LGBTQ rights is catching on with Republicans.

Immigration funding passes Senate, surveillance bill blocked

Senate Republicans passed their $70 billion funding bill for Trump’s immigration enforcement agencies shortly before the sun rose on Friday.

Trump pitches farmers in Wisconsin

The president last appeared in Wisconsin during the 2024 campaign.

Democrats grapple with latest Platner hits

The New York Times reported that a former girlfriend said Platner had long known the skull tattoo on his chest was a Nazi image, and that he left marks on her.

Democrats ramp up plans to investigate Trump through corporate America

The party is notably united, and foreign dealmaking won’t be spared. They just have to win the House first.
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