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Intelligence for the New World Economy

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Intelligence for the New World Economy
Semafor World Economy
Reed Albergotti

Reed Albergotti

Tech Editor, Semafor

Email Reed@reedalbergotti

Reed Albergotti is the technology editor at Semafor

AI is evolving past hardware

Eventually, every hardware product will be something that AI-created software controls.
Microsoft official Steven Bathiche previews ‘Project Solara’ hardware for running AI agents on stage at Microsoft’s Build developer conference in San Francisco, California, U.S., June 2, 2026.Jeffrey Dastin/Reuters

Why companies are penny-pinching on tokens

Last year, it looked like a lot of tasks could be handled by smaller AI models fine-tuned for specific tasks, but that’s not the way things have gone.
Jay Parikh.Steve Marcus/Reuters

Sam Altman goes to the Hill as OpenAI preps policy framework

Altman plans to meet with Sen. Bernie Sanders, Senate Minority Leader Chuck Schumer, House Speaker Mike Johnson, House Minority Leader Hakeem Jeffries, and others.
Trump with AI leaders in 2025.Trump with AI leaders in 2025. Carlos Barria/Reuters.

Microsoft’s AI chief on the greatest game of catchup ever played

Mustafa Suleyman admits the company is behind, but says the AI race has barely begun.
Denis Balibouse/Reuters

Mustafa Suleyman’s case against open-source AI shortcuts

As AI costs sting companies, Suleyman argues that cheap, distilled models are a shortcut that eventually fails.
Mustafa Suleyman.Toby Melville/Reuters

What’s behind Anthropic’s $65B raise?

The economics are so unprecedented that Anthropic seems to be teetering on the brink of either growing too fast, or too slowly.
Dario Amodei.Courtesy of Anthropic

Could AI tokens be the digital currency that lasts?

Where eCash and Bitcoin may have failed, the AI industry may have inadvertently created the first true digital store of value.

Why SpaceX defies valuations

With a 93x sales multiple, SpaceX won’t really be a stock when it goes public, it will be a wager on the future.

Musk, Zuckerberg derail Trump AI order

The executive order would have created some oversight for powerful new AI models.

DeepMind founder Demis Hassabis on what Google AI products say about ‘singularity’

In an interview with Semafor, Hassabis opines on the steady march of AI capability.

Stop talking to new college grads about AI

Frustration with AI is building for the Class of 2026, so here are some suggestions on what to discuss at commencement speeches instead.

Everyone lost in Musk v. Altman

The trial revealed the worst side of the leaders running some of our most important tech companies.

Newsom’s floated software tax misses the mark

California’s governor floated a new tax that could add some difficulty for the tech companies selling software out of the state.

Codex untethers AI from the laptop

A new feature allows users to send messages to Codex via the ChatGPT app.

Nvidia CEO joins Trump in China despite ‘awkward’ politics

The president initially left Jensen Huang out of the CEO delegation to dodge political tensions around chip sales to China.

Anthropic-SpaceX compute deal shows how tokens are taking over the economy

The deal is a monumental example of the new form of commercialism that has taken over the AI era.

Little-known materials startup Intalus raises $11M seed round

Intalus’ invention is going to become increasingly important in an economy that is asking more of the physical world.

Companies have already lost control of workplace AI

The utility-to-risk ratio in AI has shifted so far toward utility that companies have already lost control.