Mon. 05/12 – Saudi Arabia Enters The AI Race

Looks like China tariffs are back off, question mark? But not soon enough for some deals. OpenAI and Microsoft are trying to work out how to get to an IPO. Saudi Arabia, the country, makes a big AI play. Why you might want to take out AI insurance? And did the Pope choose his name because of the AI moment?

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• Tonal.com
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Links:

• Apple Considers Raising iPhone Prices, Without Blaming Tariffs (WSJ)
• SoftBank Stargate Venture With OpenAI Snags on Tariff Fears (Bloomberg)
• OpenAI negotiates with Microsoft to unlock new funding and future IPO (FT)
• Saudi Arabia launches AI venture Humain ahead of Donald Trump visit (FT)
• Insurers launch cover for losses caused by AI chatbot errors (FT)
• Klarna Slows AI-Driven Job Cuts With Call for Real People (Bloomberg)
• Pope Leo signals he will closely follow Francis and says AI represents challenge for humanity (CNN)

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