Semafor

Constellation CEO says US is not ‘going to win’ race with China on building out energy for AI semafor.com/article/04/14/…

“The middle and the bottom is going to come up ultimately to meet the top,” Nassetta said at Semafor World Economy, adding later: “The tide is coming in, and the tide is unstoppable.”

Hilton CEO Chris Nassetta says there's evidence of improvement at its US middle-market brands, including more mid-week business travel, signs the middle class is starting to participate in a recovery that has been led by high earners semafor.com/article/04/14/…

Philanthropist John Arnold has spent his post-Wall Street career tackling broken systems: infrastructure, higher education, criminal justice. His next target, he says, is the explosion of online gambling, which he worries has turned a tolerable-when-contained societal release valve into a frictionless casino — with potentially harmful effects on young men in particular. Watch or listen to the full interview on Semafor: semafor.com/article/04/12/…

Michael Dell tells @SemaforBen at @Semafor World Economy that “I think it would be hard for there to be a [AI] bubble right now, because there's not enough supply.” “I don't see it any time in the next couple of years; there's just so much demand.”

Cuba’s president said he was open to US investment in his country’s oil industry, though he reiterated he would not step down despite Washington’s threats to oust Havana’s communist leadership. semafor.com/article/04/14/…

Top Trump aide downplays Iran’s economic risks semafor.com/article/04/14/…

AI agents will make travel more human, CEOs predict semafor.com/article/04/14/…

Investors overreacted to private credit risks, Franklin Templeton CEO says semafor.com/article/04/14/…

In an email to Semafor, Hall told Semafor that while he uses AI in a “limited way,” all “written ideas, angles, summaries, takes, and editorial judgments are mine.” He said the mistakes were the result of problems with his production process. Hall said he has a spreadsheet populated with dozens of newsletters, organizing the sheet with “columns for source, writer, topic, angle, summary, and takeaway.” He said his recent errors “originated in the data entry process.” See more on semafor.com

The media news site Mediaite built One Sheet to aggregate the growing list of media newsletters. For $8 a month, the newsletter adds commentary from author Colby Hall and promises cost savings for media super-users, who may be spending around $15 a month per subscription for media newsletters from Puck, Status, Breaker, and others. But in the four months since its launch, Mediaite’s newsletter has grown increasingly error-prone, and has included a number of fake quotes and information attributed to different outlets and authors.

The writer of a media newsletter that summarizes other media newletters has been suspended over a series of mishaps including misattributed information and made-up quotes. semafor.com/article/04/14/…

CEO predicts ‘Cambrian explosion’ of startups after SpaceX IPO semafor.com/article/04/14/…

Though he said there could be a return to “a time where tariffs can be a surgical tool, but it has to be done in a thoughtful, thoughtful way. What we’re seeing from the Trump administration… that’s simply not the case.”

Michigan Democrat Sen. Gary Peters says tariffs can be a ‘tool’ if used thoughtfully semafor.com/article/04/14/…

A corporate cleanup specialist who handled the Enron liquidation and is now at the helm of the bankrupt crypto trading firm, Ray said at Semafor World Economy that megabanks such as JPMorgan Chase will be fine, but cracks in private credit could cause the demise of regional banks.

FTX CEO says ‘massive wall’ of debt could take out regional banks semafor.com/article/04/14/…

“But that’s not what’s being offered; what’s being offered is a resolution to end [the war],” Sheehy said. He added that he would vote against advancing the latter. “This is a far more complex problem than the average American has been led to believe and spoon-fed, especially these past 43 days,” Sheehy said. “I think the campaign is going very well.”

Republican Sen. Tim Sheehy pledges to authorize Trump’s Iran war semafor.com/article/04/14/…

“Travelers cannot be political footballs 58 days ahead of the World Cup,” she said at Semafor World Economy in Washington, DC, on Tuesday. “This cannot be how we operate our travel industry when we lead in innovation in the US.” “Traveling is hard and getting harder,” she added.

World Cup travelers could become ‘political footballs’ over TSA shutdown, Clear CEO warns semafor.com/article/04/14/…