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Intelligence for the New World Economy

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Intelligence for the New World Economy
Semafor World Economy

Semafor Technology

Elon Musk’s SpaceX eyes record $80B IPO

SpaceX reported rapidly increasing revenue — $18.67 billion in 2025 — most of it generated by its satellite broadband arm Starlink.
A SpaceX Super Heavy booster carrying the Starship spacecraft lifts off.Steve Nesius/Reuters

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.
Google DeepMind CEO Demis HassabisManuel Orbegozo/Reuters

Meta begins layoffs amid rising AI angst

Meta began laying off thousands of workers, with plans to axe 10% of its staff to offset AI costs.
Meta Platforms CEO Mark ZuckerbergMike Blake/Reuters

Nvidia beats on earnings, but faces headwinds

Nvidia’s revenue topped estimates for the latest quarter, the chip giant reported Wednesday, but it faces challenges.
Nvidia CEO Jensen Huang speaks to the media on the day he attends a meeting between Chinese Premier Li QiangGo Nakamura/Pool/Reuters

OpenAI, SpaceX IPOs on deck

The listings would make 2026 the largest year ever for IPOs.
Splitscreen of OpenAI CEO Sam Altman and SpaceX CEO Elon MuskCarlos Barria/Gonzalo Fuentes/Reuters

Monet bait-and-switch sparks debate on art and AI

AI’s image-making abilities are good enough to fool almost anyone, an amateur painter told other artists.
A Monet painting at an auction in 2026. Benoit Tessier/Reuters.

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.

Colossal Biosciences engineers synthetic eggs

The company is pitching the technology as a step toward one of its goals of resurrecting extinct dodo and moa birds.

Meta layoffs add to AI angst

The market may respond positively when tech companies cite AI for layoffs, but the pile-on is causing angst among the public.

Saudi theme park turns to Google for AI

Riyadh entertainment district Qiddiya will use Google Cloud’s data and AI products to monitor construction, visitor patterns, and real-time operations.

Saudi Aramco gets its first quantum computer

French startup Pasqal helped Aramco launch the computer, part of a broader push in the Gulf to use technology to squeeze more efficiency from oil and gas operations.

Nvidia commits $90 billion to AI deals

Nvidia will back developers, cloud providers, and infrastructure suppliers, tying more of the AI economy to its technology.

Chinese EV maker Dongfeng partners with Europe’s Stellantis

The two are considering converting a French Stellantis factory to build Dongfeng brands, allowing the company to adhere to made-in-Europe regulations.

Worker backlash over ‘flash bang’ grenades sank Boston Dynamics robot deal

Employees said they worried robots could be used in protest control, a characterization the company refuted.

China’s auto CEOs become influencers

China’s electric vehicle price wars have spilled into the attention economy.

SpaceX prepares for pre-IPO Starship launch

SpaceX is set to debut its Starship V3 rocket on Thursday in a key test of both its technology and investor confidence.

Jury rejects Elon Musk’s lawsuit against OpenAI

Elon Musk had alleged that OpenAI chief Sam Altman “stole a charity” when he converted the startup to a for-profit entity.

Everyone lost in Musk v. Altman

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