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The nonprofit that investigated OpenAI’s rogue agents runs on a $36m grant. The next wave of that money is waiting on the AI IPOs.

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American philanthropy is about to absorb something in the region of $40bn a year in new annual spending from AI wealth, Coefficient Giving chief executive Alexander Berger told Semafor editor-in-chief Ben Smith in an interview published on Thursday. That is four or five Gates Foundations of yearly outlay, on his own comparison. The figure is conditional on […]

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The nonprofit that investigated OpenAI’s rogue agents runs on a $36m grant. The next wave of that money is waiting on the AI IPOs. Read More »

DeepSeek plans large Huawei chip order for new Inner Mongolia data centre

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DeepSeek is preparing a large order of Huawei AI chips for a new data centre, according to Bloomberg. Neither the size of the order nor the chip model has been disclosed, and DeepSeek has not confirmed the plan. The data centre has been reported since the summer. Bloomberg described a site of roughly one gigawatt […]

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South Korea confirms chip investment talks with US as tariff threat grows

Asia, Business, Digital Marketing, Government and policy, SEO Tips, Technology, United States /

South Korea negotiated tariff protection for its chipmakers, and Washington is pressing for American factories anyway. Semiconductor investment is now part of the broader talks between the two governments, a presidential official in Seoul has confirmed. The confirmation was reported by Reuters, and it follows Washington signalling plans for targeted tariffs on semiconductor imports. Howard Lutnick has […]

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Jane Street signs $13bn five-year AI cloud deal with Crusoe

Artificial Intelligence, Business, Digital Marketing, SEO Tips, Technology /

A proprietary trading firm has just signed one of the largest AI cloud contracts of the year. Jane Street is committing roughly $13bn over five years to Crusoe, the data centre company, for clusters of AI chips and the infrastructure around them. The terms were first reported by Bloomberg, citing people familiar with the arrangement, and […]

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New Jersey just legalised cheap plug-in balcony solar panels

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New Jersey has legalised plug-in balcony solar up to 1,200W, barring local governments from requiring approvals and stopping landlords from blocking installation. Germany wrote the same right into its civil code in October 2024 and now has 1.31 million registered systems at 1.34GW. New Jersey has legalised plug-in balcony solar. A new law bars municipalities […]

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T-Mobile’s Gopalan turns to home internet and AI after a 25% slide

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T-Mobile US chief executive Srini Gopalan declined to comment on a possible merger with parent Deutsche Telekom, days after Elliott built a stake to oppose it. A full combination would put the holding company outside Germany and cut the German state and KfW’s joint holding from about 28% to roughly 17%. T-Mobile US chief executive […]

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Sam Altman says AI developers have fumbled at communicating the technology’s benefits

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Sam Altman says the AI industry has done a terrible job of communicating the benefits of the technology and is now exposed to a backlash, after local opposition blocked or delayed 75 data centre projects worth about $130B in a single quarter. In Europe the binding constraint is grid capacity, with Denmark holding roughly 60GW […]

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