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Semafor Tech: Biden’s patriotic plan for AI and another possible Musk investigation
In today’s newsletter, Reed takes a look at Biden’s national security memo on AI, and NASA chief Bill Nelson says Elon Musk’s alleged “secret conversations” with Russian President Vladimir Putin need to be investigated.
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Alphabet’s strong third quarter earnings underscore AI-powered growth
Google’s parent company saw higher-than-anticipated earnings for its cloud business, which is essential to the development of AI.
Mike Blake/Reuters
US likely to pressure EU for more curbs on China exports, ASML says
The US has been strong-arming allies into imposing curbs on AI exports to China as the two superpowers compete for primacy.
Intel Corporation/Handout/File Photo via Reuters
Artificial intelligence will ‘revolutionize’ pharma industry, Nvidia says
Chip giant Nvidia has developed a supercomputer for Danish pharma company Novo Nordisk, the maker of blockbuster weight loss drug Ozempic.
Jensen Huang, CEO of Nvidia, and Mads Krogsgaard Thomsen, director of the Novo Nordisk Foundation. Mads Claus Rasmussen/reuters
Former European Parliament member and tech critic talks AI, the politics of big tech
Marietje Schaake, now a fellow at Stanford, is the author of The Tech Coup, a scathing critique of the tech industry’s concentration of financial and political power.
Courtesy of Stanford University
Exclusive: NASA head says report of Elon Musk talking to Putin should be investigated
NASA head Bill Nelson told Semafor that alleged calls between Russian President Vladimir Putin and billionaire Elon Musk are “concerning” if true.
Tasos Katopodis/Getty Images for Semafor
Nvidia CEO says India should focus on exporting AI rather than chips
Global tech firms have been racing to build chip manufacturing facilities in India as a way to compete with Taiwan’s dominance in the sector.
Mads Claus Rasmussen/Reuters
Biden orders agencies to harness advanced AI
The national security memorandum directs the government to ensure the US leads global development of safe, secure AI.
Tesla says Cybertruck reached profitability as quarterly earnings beat estimates
The electric vehicle maker reported its Cybertruck had reached profitability for the first time.
Return of the Jedi
How the hardball tactics of the $10 billion Pentagon cloud computing project never stopped, years after the whole thing crumbled.
AI firms need to address security, open-source concerns: G42 exec
Industry leaders from Gulf-based G42, IBM, and BNY joined Semafor at an event focused on the Gulf’s role in emerging technology.
Disappointing numbers for semiconductor giant ASML bring scrutiny to chip industry
A leaked earnings report showed Europe’s biggest tech company had to revise its financial guidance for 2025.
Big names in tech invest in AI search visualization company Tako
Eventbrite co-founder Kevin Hartz and AngelList co-founder Naval Ravikant are among those plowing money into the startup.
African crypto startup Yellow Card raises $33 million in new funding
Already in 20 countries on the continent, the latest financial support will help it expand to other places like Morocco and Kenya.
Google turns to nuclear energy to power AI data centers
The tech giant signed a deal with Kairos Power, which will provide it with its first small nuclear reactor by 2030.
Matthew Segal on how ATTN will be the ‘HBO of short-form’
A Q&A with the head of the short-form video company.
Microsoft Azure CTO: US data centers will soon hit size limits
As data centers grow in size, connecting multiple sites for a single training run may soon be necessary.
Vinod Khosla on OpenAI, national security and AI’s climate impact
Khosla says the next wave of technology, driven by generative AI, may have the biggest impact on humanity yet.
US weighs breaking up Google, a move that could transform tech
The Justice Department may ask a federal court to force the tech giant to divest parts of its business, such as its Chrome browser and Android operating system.