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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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Some job seekers have worse odds than Harvard applicants
Deel received 1.3 million job applications last year.
Mike Blake/Reuters
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.
Brian Snyder/Reuters
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.
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.
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.
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.
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.