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Semafor Technology
🟡 Semafor Tech: Null state
In this edition, making sense of SpaceX’s IPO, and there are some big names missing from the Trump administration’s quantum investment.
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Iran starts restoring web access after monthslong blackout
Tehran cut its public off from the web shortly after the US and Iran struck the country in late February.
Majid Asgaripour/WANA (West Asia News Agency) via Reuters
China’s AI talent war heats up
China and its tech giants are racing to protect their top AI talent, as competition intensifies at home and with the US.
Tingshu Wang/Reuters
Iran is using Chinese censorship tech
Beijing appears to be exporting the technology that powers its cutting-edge firewall.
Majid Asgaripour/WANA (West Asia News Agency) via Reuters
Chinese AI startup DeepSeek slashes price of flagship model
DeepSeek made a 75% discount on its flagship model permanent, intensifying an AI price war.
Dado Ruvic/Reuters
Google’s Nick Fox on remaking its search engine
“It’s been clear that people don’t want incorrect information — and so that bedrock of trust and accuracy has served us well.”
Screenshot/YouTube/Semafor and Think with Google
Waymo suspends services in six US cities after flooding
Waymo suspended service in six US cities after its driverless cars drove on flooded roads during storms last week.
Mike Blake/Reuters
Pope calls for ‘disarming’ of AI in first encyclical
Pope Leo XIV warned humanity against creating “new digital slaveries” in a 42,300-word encyclical about AI, the first major teaching document of his papacy.
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.
Some job seekers have worse odds than Harvard applicants
Deel received 1.3 million job applications last year.
Big names missing from Trump’s quantum investment
Google, Microsoft, and IonQ were left out of the latest government funding round in quantum firms.
China bans import of some Nvidia chips
The decision dealt a blow to the American tech firm, which had long lobbied the White House to ease export restrictions on China-bound chips.
Musk, Zuckerberg derail Trump AI order
The executive order would have created some oversight for powerful new AI models.
Trump postpones signing AI and cybersecurity order
Trump suggested he had concerns it could shrink the country’s AI lead over China.
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.
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.
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.
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.
OpenAI, SpaceX IPOs on deck
The listings would make 2026 the largest year ever for IPOs.