The Latest Breaking News from Semafor

The Coinbase CEO embracing mainstream media could help his company—but also all of crypto.

Stock futures slip lower on hawkish Fed signals; Powell speech in focus as rate bets test tightening path; Pfizer may sell Covid treatment in China through local partner; Oak Street Health soars on $10 billion CVS takeover report and Microsoft said to eye $10 billion OpenAI investment.

Microsoft Corp is in talks to invest $10 billion into OpenAI, the owner of ChatGPT, which will value the San Francisco-based firm at $29 billion, Semafor reported on Monday, citing people familiar with the matter. The funding includes other venture firms and deal documents were sent to prospective investors in…

BENGALURU: Microsoft Corp is in talks to invest US$10 billion into OpenAI, the owner of ChatGPT, which will value the San Francisco-based firm at $29 billion, Semafor reported on Monday, citing people familiar with the matter.

As Wall Street goes from feast to famine, Goldman Sachs is reportedly weighing the largest cuts to banker bonuses since the 2008 financial crisis

With dozens of African leaders descending on Washington this week, the Biden administration is offering a not so subtle pitch in its economic competition with China on the continent: The U.S. offers a better option to African partners

The founder of the cryptocurrency exchange tours the media to give his version of his fall.

Bankman-Fried’s father—and his colleague—are reportedly consulting with the disgraced founder of the crypto exchange, who was raised on the prestigious university’s campus.

"It’s not totally out of the realm of possibility," a former Trump administration official said

The mainstream coverage of SBF and FTX is more than a little blasé.

The probe comes five years after the DOJ dropped its corruption case against Menendez.