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The circular money problem at the heart of AI’s biggest deals

1 month 2 weeks ago

SoftBank and OpenAI announced a new 50-50 joint venture this week to sell enterprise AI tools in Japan under the brand “Crystal Intelligence.” On paper, it’s a straightforward international expansion deal. But SoftBank’s role as a major investor in OpenAI is raising questions about whether AI’s biggest deals are creating real economic value or just moving money in circles.  […]

Theresa Loconsolo

The EPA Is in Chaos

1 month 2 weeks ago

“We learn who is furloughed when we send an email to someone and get the out-of-office message,” one employee tells WIRED.

Molly Taft

When the hospital leaves town

1 month 2 weeks ago

In large swaths of rural America, the basic expectation that an ambulance will reach a hospital within minutes no longer holds. Hospital closures, service cuts and fragile finances are stretching rural healthcare to a breaking point, reshaping where people can safely live, work, give birth and grow old.

Ayla Ellison