FT News Briefing cover image

FT News Briefing

Mr OpenAI goes to Washington

Jun 18, 2024
11:22
Snipd AI
Tech reporter Cristina Criddle discusses how OpenAI is expanding its global affairs unit and lobbying efforts. Topics include French business leaders courting far-right politicians, Dubai's World Islands project, and Bill Gross selling a valuable stamp collection. The podcast also explores the need for balanced regulations in tech innovation.
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Podcast summary created with Snipd AI

Quick takeaways

  • French business leaders are cautiously supporting France's far-right party to counter potential left-wing tax policies.
  • OpenAI is significantly expanding its global affairs team to navigate regulatory challenges and engage with tech regulations worldwide.

Deep dives

Corporate Concerns in French Elections

French corporate leaders are grappling with the upcoming elections in France. President Macron's centrist alliance, previously beneficial to businesses, is losing ground. Business leaders fear potential tax increases from left-wing parties and are tentatively supporting Marine Le Pen's far-right party as the lesser of two evils to maintain influence. The election outcome after the first round on June 30th will shed light on the future direction.

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