Nvidia Partner Hon Hai’s Sales Meet Estimates on Solid AI Demand
Hon Hai Precision Industry Co. reported a 29.7% rise in quarterly sales, a sign of sustained AI demand during the first weeks of war in the Middle East.
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Hon Hai Precision Industry Co. reported a 29.7% rise in quarterly sales, a sign of sustained AI demand during the first weeks of war in the Middle East.
Napster CEO John Acunto explains how the company has been reimagined, shifting focus from traditional music streaming to what they call "streaming intelligence." Watch his full interview on Bloomberg This Weekend with ho
Moving Wall Street’s trading infrastructure onto blockchain-based systems could accelerate financial crises beyond regulators’ ability to respond, even as the technology promises to cut costs and eliminate settlement del
Russia’s attempts to restrict the use of virtual private networks amid a clampdown on the Telegram messaging platform triggered the widespread banking outage seen across the country this week, the service’s billionaire f
OpenAI’s chief operating officer is shifting into a new role and two other top executives are going on leave due to health reasons, marking a major change to its executive bench ahead of a potential Wall Street debut as
Russia’s attempts to restrict the use of virtual private networks amid a clampdown on the Telegram messaging platform triggered the widespread banking outage seen across the country this week, the service’s billionaire f
OpenAI’s chief operating officer is shifting into a new role and two other top executives are going on leave due to health reasons, marking a major change to its executive bench ahead of a potential Wall Street debut as
SpaceX confidentially filed what could wind up being the biggest-ever IPO. If investors value the company the way Elon Musk hopes they will, it would make Musk the world’s first trillionaire. This week on Everybody’s Bus
Once at the forefront of the fight against military AI, employees now are on the sidelines
There's obviously a lot of talk these days about AI and possible destruction of white collar jobs. Intuitively bankers might be expected to be victims of this. But before we can answer whether AI can disrupt an industry,
Microsoft Corp. unveiled a four-year, $10 billion investment package for Japan, a major pillar of its Asia-wide artificial intelligence push.
SpaceX confidentially filed what could wind up being the biggest-ever IPO. If investors value the company the way Elon Musk hopes they will, it would make Musk the world’s first trillionaire. This week on Everybody’s Bus
Once at the forefront of the fight against military AI, employees now are on the sidelines
There's obviously a lot of talk these days about AI and possible destruction of white collar jobs. Intuitively bankers might be expected to be victims of this. But before we can answer whether AI can disrupt an industry,
Microsoft Corp. unveiled a four-year, $10 billion investment package for Japan, a major pillar of its Asia-wide artificial intelligence push.
Chinese humanoid robot maker UBTech Robotics Corp. is seeking a chief scientist, offering an annual pay of as much as 124 million yuan ($18 million) in an aggressive bet on an industry where product applications are stil
NASA’s Lockheed Martin Corp.-built Orion capsule ignited its main engine in space late Thursday, putting the crew on track for a historic lunar flyby.
Tesla Inc. posted one of its worst sales quarters in years, missing Wall Street’s expectations, as the carmaker struggles to turn around its core business and navigate an increasingly challenged electric-vehicle market.
CEO of Pangram Labs, Max Spero joins Tracy Alloway and Joe Weisenthal on the Odd Lots podcast to discuss the software his company built to detect whether a piece of content was AI generated. We also talk about what AI wr
Layoff announcements at technology companies continued to mount in March, as employers in the technology sector announced 18,720 job cuts, up more than 24% from March 2025, according to outplacement firm Challenger, Gray
Layoff announcements at technology companies continued to mount in March, leading other industries in overall US job-cut plans as investment in artificial intelligence catalyzes leaner staffing levels.
Affordable Chinese AI services are surging in global usage because of OpenClaw
AirTrunk, the data center operator Blackstone Inc. bought in 2024, has picked banks for a real estate investment trust listing in Singapore that may raise about $1.5 billion, according to people familiar with the matter.
Intel Corp., the chipmaker aiming to restore its manufacturing prowess, agreed to pay $14.2 billion to buy back half of a plant in Ireland that it had previously sold to Apollo Global Management.
Artificial intelligence threatens to leave many of the UK’s best-paid workers without a job — and the government without a crucial source of tax revenue, according to a new report.
Anthropic PBC inadvertently released internal source code behind its popular artificial intelligence-powered Claude coding assistant, raising questions about the security of an AI model developer that has built its brand
Europe lacks a unified approach to another complex tech issue
A number of Baidu Inc.’s Apollo Go robotaxis suddenly stopped on the streets of China’s Wuhan city on Tuesday, trapping passengers in vehicles and raising concerns about the safety and reliability of autonomous driving t
Alphabet Inc.’s Google is facing demands from child development experts to prohibit videos created with artificial intelligence from being shown or recommended to young viewers across YouTube and YouTube Kids.
SpaceX is eyeing a $1.75 trillion IPO. On today’s Big Take, @EdLudlow and @davidgura discuss the company’s timing, Elon Musk’s trillionaire trajectory and how retail investors can get involved (Source: Bloomberg)
Pepkor Holdings Ltd. hired Merwe Scholtz to lead a new banking push as Africa’s largest clothing and mobile phone retailer prepares to launch an independent lender as early as next year.
Nvidia Corp. said it has invested $2 billion in Marvell Technology Inc. as part of an agreement to collaborate on silicon photonics technology, an effort to make AI services more affordable amid historic investments in t
CoreWeave Inc. has raised $8.5 billion from a group of banks and investors to help finance an expansion of its cloud computing capacity in what the company says is the largest chip-backed debt deal of its kind.
TCL Electronics Holdings Ltd. agreed to buy a majority stake in Sony Group Corp.’s global home entertainment business as the Chinese company seeks to expand overseas.
Huawei Technologies Co.’s growth decelerated sharply after Apple Inc.’s iPhone 17 made headway in China and domestic challengers in AI chipmaking emerged.
Meta Platforms Inc. was looking like the best Big Tech stock in the market when the year began. But investors’ fears of legal risks and heavy spending on artificial intelligence are bubbling to the surface, culminating i
Six months in, ChatGPT’s third-party apps offer limited functionality and have been frustrating for developers.
Presidential advisory group dominated by old-line tech names
Blackstone Inc. closed its latest life-sciences fund with $6.3 billion of commitments, the firm’s biggest haul for backing clinical trials of medicines and technologies.
They vent, confess and role-play with strangers, all to help machines learn how to sound human.
Dean Forbes, CEO of industrial software provider Forterro says the technological shift that AI has brought about in the software space presents an "opportunity" for companies like Forterro. There have been growing fears
Also: The company finally kills the Mac Pro.
Telecom Italia SpA said it won’t renew a mobile-phone tower agreement with Inwit SpA that would have extended the contract through 2038.
Ukrainian President Volodymyr Zelenskiy said he’s using a Middle East trip to lock in lucrative long-term agreements on military cooperation and seek secure fuel supplies.
As adoption of artificial intelligence in the US outpaces efforts to regulate it, organized labor is providing an important check on how the technology gets used, according to the head of the Hollywood actors’ union.
At a historic auditorium in Washington this week, Silicon Valley executives, Trump administration officials and members of Congress gathered in a sea of button-down shirts to extol the virtues of artificial intelligence.
How AI will reshape warfare.
How AI will reshape warfare.
The last big story right before the war in Iran started was the collapse in the relationship between the Pentagon and Anthropic, with the latter objecting to any potential use of its models in either fully autonomous wea
Goldman Sachs Group Inc.’s bankers gathered at a library in Birmingham this week to guide small UK businesses on scaling up in artificial intelligence — and to warn them of the risks of ignoring the new technology.
Meta Platforms Inc. plans to debut two new Ray-Ban smart glasses models next week intended for prescription wearers.
New York City sued ridehail app Empower and founder Joshua Sear, claiming the company has been operating unlawfully without a license the past few years even as the service gained popularity by offering cheap fares to cu
Elon Musk took to his social media network to attack the judge in the trial he lost last week when a jury found the billionaire defrauded Twitter Inc. shareholders before acquiring the platform in 2022.
Meta Platforms Inc. is paying for the construction of seven new natural gas-fired plants to fuel its most power-hungry data center, increasing its reliance on fossil fuels amid a fast-moving artificial intelligence race.
Anthropic PBC won a court order blocking a Trump administration ban on government use of the company’s artificial intelligence technology, after the Claude chatbot maker argued the move could cost it billions in lost rev
No hedge fund employee works harder than Eve.
SoftBank Group Corp. signed a loan of $40 billion to finance its investment in OpenAI, adding to the Japanese company’s debt load as it seeks to stay abreast of a global artificial intelligence race.
The computing workhorse may be just as essential as it ever was
Austria plans to announce a sweeping ban on social media for children and add school classes on digital competency, moving ahead of the European Union’s efforts to protect kids from online addiction.
The outgoing chief executive officer of Germany’s biggest media company said the TV and streaming industries in Europe is facing a crisis and must consolidate.
Shield AI has raised $2 billion at a valuation of $12.7 billion, more than doubling its value from a year ago, underscoring investor demand for defense technology and artificial intelligence.
MetaX Integrated Circuits Shanghai Co.’s full-year revenue more than doubled, driven by robust domestic artificial intelligence demand while Nvidia Corp. is squeezed out of the Chinese market.
Aligned Data Centers has raised $2.58 billion through a revolving credit facility to help the company finance its data center expansion in the US.
Memory chip stocks extended their losses on Thursday after Alphabet Inc.’s Google publicized research that could allow more efficient use of the storage needed for artificial intelligence development.
Private credit fund inflows in the first two month of this year dropped by more than a third as investors grew concerned about high-profile leveraged loan defaults and software disruption, according to Morningstar Direct
Periodic Labs, an artificial intelligence research startup founded last year by former OpenAI and DeepMind staffers, is having discussions with investors about raising at least hundreds of millions of dollars at a valuat
Bloomberg 's Kevin Sheekey gives a live demo of ASKB bringing agentic AI directly into the Bloomberg Terminal, at the Bloomberg Family Office Summit 2026 in Hong Kong. (Source: Bloomberg)
Granola Inc., a startup whose artificial intelligence software has been gaining traction as a notetaking tool among Silicon Valley workers, is raising $125 million at a $1.5 billion valuation, led by Index Ventures.
Indian billionaire Gautam Adani is in talks with American technology giants including Meta Platforms Inc. and Google for partnerships in his fast-expanding data center business, according to people familiar with the matt
Customers fear long-term deals will leave them with obsolete products
An investment boom in artificial intelligence has kept China’s trade volumes on a path to exceed last year’s record levels, offsetting disruptions from higher oil prices in the weeks after war broke out in Iran.
Kleiner Perkins, the half-century-old venture capital institution, is raising $3.5 billion to make bets on artificial intelligence startups reshaping industries including software, health care, transportation and autonom
With more global conflicts brewing and artificial intelligence reshaping modern warfare, defense tech investing is ascendant. That’s presented an opportunity for Overmatch Ventures, which is raising a $250 million fund t
Xiaomi Corp. posted its slowest quarterly growth since 2023, after strong sales of its EVs failed to make up for slumping smartphone demand.
Founders and academics across the US are finding uses for China’s leading open-source AI models.
When Elon Musk took the stage on Saturday to unveil his plans to get into semiconductor production, he didn’t spare the superlatives.
Nintendo Co. is cutting back the production of Switch 2 after demand for the $450 gaming console trailed the company’s expectations during the year-end holiday season, particularly in the US.
Luxury ride-hailing app Wheely is making its debut in the US, presenting competition to Uber Technologies Inc. and Lyft Inc., which have also been working harder to court executives and wealthy consumers.
Kandou AI, an artificial-intelligence chip company led by a former Goldman Sachs Group Inc. managing director, raised $225 million from investors including Maverick Silicon, SoftBank Group Corp. and Synopsys Inc.
The AI assistant needs a more consistent personality
Sony Group Corp. is nearing a binding agreement to sell a majority stake in its home entertainment business to Chinese rival TCL Electronics Holdings Ltd. in a deal that may be valued at about $1 billion, according to pe
BlackRock Inc. Chief Executive Officer Larry Fink warned that the artificial intelligence boom threatens to make wealthy companies and investors even richer while exacerbating inequality, unless more individuals can shar
Grab Holdings Ltd. agreed to buy Delivery Hero SE’s Foodpanda operations in Taiwan for $600 million, a deal that marks its first foray outside of its Southeast Asian base.
Also: The company hikes prices on external storage.
British retailers are pushing the UK government to act faster and end a tax loophole that has helped online giants Shein and Temu make significant inroads and gain market share.
Apple Inc. Chief Executive Officer Tim Cook commended Chinese developers and the company’s partners in the country, days after the ruling party’s flagship newspaper criticized the iPhone maker for monopolistic policies.
Elon Musk said his Terafab project — a grand plan to eventually manufacture his own chips for robotics, artificial intelligence and space data centers — will be built in Austin and jointly run by Tesla and SpaceX.
The Pentagon intends to accelerate AI-enabled decision-making and put it at the heart of its ambition to link up sensors and shooters for combat operations, according to a policy memo seen by Bloomberg.
Apple’s new laptops and high-end display fit the bill for the company’s most demanding customers.
The US Defense Department will establish Palantir Technologies Inc.’s Maven AI system as a “program of record,” Reuters reported on Friday night, as the Pentagon rapidly integrates the technology into its combat operatio
Super Micro Computer Inc., the AI computing provider at the center of a smuggling scandal, is working to shore up its compliance operations after a stock rout erased a third of the company’s value.
Polymarket took over a bar near the White House, for a promotional event showcasing the prediction market’s vision of betting on current events as a new form of entertainment.
SoftBank Group Corp. is developing a data center-focused project in Ohio so massive that Chief Executive Officer Masayoshi Son said it would channel $500 billion into a single campus.
The eye-popping market debut of a tiny drone software company this week reveals a newfound investor appetite for stocks that fall at the intersection of geopolitics, defense technology and artificial intelligence.
The US charged a Super Micro Computer Inc. co-founder with illegally diverting billions of dollars in Nvidia Corp.-powered servers to China, initiating its highest-profile crackdown on alleged smuggling of restricted AI
This is the year AI has come for tax prep. Interviews with tax professionals suggest that artificial intelligence has finally improved to the point where it at least seems capable of navigating the US tax system as leadi
Orange SA is close to naming director Frédéric Sanchez as its next chairman, a signal of continuity at the French carrier as it weighs a major deal at home, according to people familiar with the matter.
China’s leading robot company, Unitree Robotics, has filed for an initial public offering in Shanghai, moving a step closer to a domestic listing as investor interest in the sector builds.
SAP SE Chief Executive Officer Christian Klein said the defense industry has become the company’s fastest growing business line as military budgets soar around the world.
Nvidia Corp.’s $20 billion licensing deal with artificial intelligence startup Groq is being probed by a pair of Democratic senators over whether it violates antitrust laws by improperly avoiding a merger review and ille
The UK is not fully prepared for a severe space weather event that could disrupt power systems, air travel and mobile networks, causing billions of economic losses, a government watchdog found.
OpenAI plans to acquire Astral, a startup that makes Python tools for developers, marking the ChatGPT maker’s latest investment in the fast-growing market for coding and developer services.
Legal data firm Relativity said Thursday that it has confidentially filed for an initial public offering after a choppy start to the year for newly-listed companies.
Digital-asset exchange Crypto.com said it is axing around 12% of its workforce, citing a need to adapt its business to rising artificial intelligence capabilities.
Alibaba Group Holding Ltd. declared a target of reaching $100 billion of cloud and AI-related business revenue in five years, setting a high watermark for one of China’s most ambitious artificial intelligence players.
Samsung Electronics Co. plans to spend more than 110 trillion won ($73.3 billion) on chip capacity expansion and research this year, devoting a record amount of capital toward an effort to seize the lead in AI semiconduc
Ant Group Co.’s quarterly profit plunged 91% after the Chinese digital payments firm ramped up spending to compete in artificial intelligence and health care, while a decline in the fair value of certain investments weig
Cloud-computing startup Fluidstack Ltd. has pulled out of a high-profile €10 billion ($11.5 billion) data center project in France as it pivots toward the US after winning larger contracts there, according to people fami
Xbow, a startup that builds AI software to probe applications for security vulnerabilities, has raised a new round of funding that values it at more than $1 billion, a sign of investor enthusiasm for using artificial int
Tencent Holdings Ltd. said it faces fewer risks than TikTok in the US as the Trump administration investigates potential security risks involving the Chinese gaming leader’s data practices.
Tencent Holdings Ltd. posted a 13% rise in revenue, underscoring solid momentum in its core gaming and advertising business at a time it’s ramping up a big bet on agentic AI.
The US now has the production capacity to supply 100% of its energy-storage systems domestically, a key milestone in the push to boost American battery manufacturing and decrease the nation’s reliance on Chinese imports.
UniCredit SpA Chief Executive Officer Andrea Orcel said the bank is quantifying the impact of artificial intelligence at about €400 million to €500 million ($576 million) in net cost reductions over roughly five years, d
Artificial intelligence data center developer Nebius Group NV said it intends to raise about $3.75 billion in convertible debt on the heels of a commercial deal with Meta Platforms Inc.
Nordea Bank Abp is putting as many as 1,500 jobs at risk as it expects artificial intelligence to make processes more efficient and cut costs.
The deal is Iconiq’s first-ever startup incubation.
Artificial intelligence is already raising labor productivity and is set to unlock more significant gains in the coming decade, according to Cathie Wood of ARK Investment Management LLC.
A global cobalt shortage is expected to persist through the end of this decade as export restrictions from top producer Democratic Republic of Congo impact the supply chain, according to trading house Darton Commodities.
Company’s model assesses medical screenings to find those in need of early diagnosis
As the war in the Middle East stretches into a third week, the global semiconductor industry is facing mounting threats the conflict will choke off key supplies vital for chipmaking and spike the cost of power in Taiwan
MTN Group Ltd. rose the most in two months as Africa’s largest wireless carrier returned to profit, declared a dividend that beat estimates and said it plans to buy back shares.
Frore Systems Inc., which makes liquid cooling technology for AI chips, raised $143 million in a funding deal that values the startup at $1.64 billion.
Investment in AI infrastructure via off-balance sheet debt is increasing the exposure of insurers and private credit funds to hyperscalers, according to officials at the Bank for International Settlements.
Vietnamese electric vehicle maker VinFast Auto Ltd. said it will resume construction on its North Carolina factory this year while reporting a wider loss in the fourth quarter as costs tied to its global expansion contin
European regulators should avoid adjusting electricity pricing in case it puts at risk investment in clean energy, according to Statkraft AS, the region’s top producer of renewable power.
The latest jobs data is pointing to a softer US labor market, even as overall economic conditions have remained relatively solid. Steven Rattner of Willett Advisers unpacks what is driving that disconnect, why tariffs ma
Moonshot AI is seeking to raise as much as $1 billion in an expanded funding round that would value the startup at about $18 billion, more than quadrupling its valuation in just three months and underscoring growing inte
The US Commerce Department has pulled a draft regulation that would have restricted exports of artificial intelligence chips to anywhere in the world without US approval, according to an electronic notification posted on
Jeremy Allaire, co-founder, CEO and chairman of Circle which operates the world's largest regulated stablecoin network, sits down with David Rubenstein to discuss the company's IPO last year, his long-term vision for Cir
Elon Musk’s use of the drug ketamine will be off limits to attorneys for OpenAI Inc. and its chief executive officer Sam Altman during an upcoming jury trial over claims that the generative AI company defrauded Musk by a
Uber Technologies Inc. co-founder Travis Kalanick has launched a new venture that will focus on creating “gainfully employed robots” for the food, mining and transport industries.
The latest jobs data is pointing to a softer US labor market, even as overall economic conditions have remained relatively solid. Steven Rattner of Willett Advisers unpacks what is driving that disconnect, why tariffs ma
Moonshot AI is seeking to raise as much as $1 billion in an expanded funding round that would value the startup at about $18 billion, more than quadrupling its valuation in just three months and underscoring growing inte
The US Commerce Department has pulled a draft regulation that would have restricted exports of artificial intelligence chips to anywhere in the world without US approval, according to an electronic notification posted on
Jeremy Allaire, co-founder, CEO and chairman of Circle which operates the world's largest regulated stablecoin network, sits down with David Rubenstein to discuss the company's IPO last year, his long-term vision for Cir
Elon Musk’s use of the drug ketamine will be off limits to attorneys for OpenAI Inc. and its chief executive officer Sam Altman during an upcoming jury trial over claims that the generative AI company defrauded Musk by a
Uber Technologies Inc. co-founder Travis Kalanick has launched a new venture that will focus on creating “gainfully employed robots” for the food, mining and transport industries.
Uber Technologies Inc. is relaunching a robotaxi service with the Hyundai Motor Co.-backed company Motional in Las Vegas, adding to the growing list of autonomous vehicles that are available to customers on its app.
A startup backed by Silicon Valley venture firm Andreessen Horowitz plans to revive an abandoned copper mine in Utah to test new technology aimed at automating operations.
Elon Musk said he intends to rebuild his artificial intelligence startup, xAI, after a series of departures sparked uncertainty about the company’s employee turnover and trajectory.
US President Donald Trump threatened Iran with further attacks after the Islamic Republic’s new leader signaled defiance and suggested there would be no easing of a war that’s upending energy flows and global markets. E
US equity futures fall as Brent oil hits $100 a barrel, deepening fears of a global inflation spike. Daimler Truck plans to offset its tariff expenses with CFO Eva Scherer saying in an exclusive interview that the bigges
Intense competition makes it harder to win the desired slice of the pie
Swedish startup Lovable has hit $400 million in annual recurring revenue, as companies and users flock to artificial intelligence tools that make it easy for beginners to code.
Alphabet Inc. is making one of the biggest changes to Google Maps in over a decade, with an “Ask Maps” feature that will allow users to interact with the product like a chatbot.
Airbnb Inc. is readying a possible debut high-grade debt offering as maturities approach on its existing convertible notes.
US equity futures fall and oil briefly tops $100 a barrel as Iran escalated attacks on parts of Dubai, causing disruption in shipping. The Trump administration begins the first of several sweeping trade investigations th
Bloomberg's Tom Mackenzie speaks to Deel President and CFO Joe Kauffman at the DisrupTech conference in London on the company's growth and how the AI changes in the labor market are helping their business. (Source: Bloom
The OpenClaw frenzy that spread throughout China is testing Beijing’s approach to artificial intelligence, as it seeks to balance the push for cutting-edge innovation against concerns over data security.
Grubhub will test drone delivery of takeout orders for the first time, marking the latest effort from the company to experiment with automation technologies.
Uber Technologies Inc. will let customers hail robotaxis from Amazon.com Inc.’s Zoox, starting in Las Vegas this summer.
Anthropic PBC told a judge it could lose as much as billions of dollars in revenue this year and urged quick action on its request to block the Trump administration’s declaration of the company as a US supply-chain risk
Nvidia Corp. will invest $2 billion in Nebius Group NV as part of a strategic partnership to develop and build artificial intelligence data centers, as the world’s most valuable firm continues to pour money into companie
Oracle Corp. shares soared in early trading after the software and cloud services company reported strong sales and issued an outlook that suggests little letup in demand for AI computing.
Big Tech is getting boatloads of AI data from India — all for free. That’s a problem, Bloomberg Opinion columnist Catherine Thorbecke says. (Source: Bloomberg)
The $599 MacBook Neo, available in stores this Wednesday, proves that it’s possible to make a laptop that stays true to Apple Inc.’s reputation for craftsmanship, performance and reliability — even at roughly half the pr
Israel’s Jazz raised $61 million in funding to create a platform that uses artificial intelligence to tackle data loss prevention.
Nvidia Corp. is making a new investment in Thinking Machines Lab, an artificial intelligence company founded by former OpenAI executive Mira Murati, and will supply chips to help train and run the startup’s AI models.
Amazon.com Inc. has kicked off what is likely to be one of the biggest corporate bond offerings ever, in the latest blockbuster fundraising to pay for the artificial intelligence boom.
Excitement for building open source AI agents is reaching fever pitch
Swedish legal artificial intelligence startup Legora has raised $550 million in a Series D funding round led by Accel, tripling its valuation from an October round to $5.55 billion as it seeks to expand in the US.
Microsoft Corp. is launching a new bundle of workplace software with the aim of getting more people to use its artificial intelligence tools for the office.
Peter Steinberger, creator of popular open-source artificial intelligence program OpenClaw, will be joining OpenAI Inc. to help bolster the ChatGPT developer’s product offerings.
Activist investor OneMove Capital Ltd. is seeking to shake up the board of Canadian software maker Sylogist Ltd., saying directors mishandled the company’s shift to a cloud-based business model.
Uber Technologies Inc. said that a feature designed to match female riders and drivers will be available nationwide, expanding access to a safety measure as it seeks to resolve thousands of sexual assault complaints from
Factorial, a Spanish startup supplying human resources software to enterprises, is in early discussions to raise new funding that will double its valuation to $2 billion, according to people familiar with the matter.
After job cuts, the Block chairman wasn’t sure whether AI would help or hurt workers
The head of OpenAI’s robotics team resigned Saturday, citing the company’s deal to deploy its artificial intelligence models within the Pentagon’s classified network as the cause.
Polymarket founder and CEO Shayne Coplan said the prediction market industry’s war-related contracts face growing risks and acknowledged that rising visibility brings “more money, more problems” — a blunt concession from
Emil Michael, under secretary of defense for research and engineering.
Airbus Defence and Space is mulling a joint bid with German defense giant Rheinmetall AG and domestic satellite manufacturer OHB SE to build a Starlink-like internet service for the Bundeswehr armed forces, according to
Circle Internet Group Inc. and Stripe Inc. are racing to build payments systems for a world that doesn’t exist yet — one where autonomous AI agents transact millions of times a day, settling in stablecoins instead of swi
How AI will affect both media and software.
How AI will affect both media and software.
A year ago, all of the talk was about how the big AI companies were wildly overvalued. Everyone was calling it a bubble. Fast forward to now, and a dominant idea in the markets is that AI is so powerful that all kinds of
President Donald Trump demanded Iran capitulate in the war’s seventh day, suggesting a longer timeframe for the conflict even amid energy-market tumult and worries about whether the US has the military stockpiles to carr
China will harness artificial intelligence to create jobs as the number of university graduates poised to enter the labor market this year will reach 12.7 million — more than the population of countries such as Belgium.
Nintendo Co. filed a lawsuit in the US Court of International Trade on Friday, seeking a refund for duties it paid to the US government as a result of President Donald Trump’s Tariffs.
Rebellions CEO Sunghyun Park discusses how his AI semiconductor startup plans to compete with the likes of Nvidia and AMD in the AI chip space. He speaks with Haslinda Amin from the sidelines of 'IMF Conference; Asia 205
German media group Axel Springer SE has agreed to buy UK newspaper publisher Telegraph Media Group for £575 million ($766 million) in cash, torpedoing a rival bid from Daily Mail & General Trust Plc.
Global stocks and bonds fall as another jump in oil prices stoke concerns that the Iran war is fueling inflation. US retail gasoline prices rise to the highest level since September 2024. Veronica Clark of Citi looks ahe
Traders in the Bitcoin options market continue to price in downside risk and remain pessimistic about the cryptocurrency despite a recent surge in prices.
SoftBank Group Corp. is seeking a loan of as much as $40 billion to mostly help finance its investment in US tech giant OpenAI, according to people familiar with the matter, in what would be its largest-ever borrowing de
Nvidia Corp. has long been the world’s AI kingmaker. Now, the Trump administration is considering taking a formal role in the industry that would include similarly sweeping powers.
Anthropic PBC vowed to legally contest a Pentagon decision to declare the company a threat to the US supply chain under an authority normally reserved for foreign adversaries, escalating a showdown with the Trump adminis
Founders Fund is leading an $80 million investment in Nominal Inc., a startup aiming to modernize factories and make manufacturing more efficient.
US equity futures waver and oil and natural gas rise amid mounting disruption to energy markets from the war in the Middle East. Anthropic resumes security talks with the Pentagon. ECB Governing Council Member Olli Rehn
Billionaire testifies the posts on his Twitter takeover not among his smartest
A defense-technology startup born out of Ukraine’s battlefield is emerging with a valuation topping $1 billion, as Western and Gulf militaries scramble for systems proved in combat.
Tata Consultancy Services Ltd., which just cut an agreement with OpenAI to build data centers for artificial intelligence in India, is nearing additional deals with other tech giants, signaling a commitment to reshaping
A new worry is rippling across the stock market lately: entire businesses, not just their employees, may be thrown out of work. While most economists say fears of an AI job apocalypse are overblown, seismic shifts have h
Argentine fintech Ualá said it has raised $195 million in an equity funding round led by Allianz X, the venture capital arm of Germany’s insurance giant Allianz SE, that values the company at $3.2 billion.
ASM International NV forecast revenue for the first quarter that beat analysts’ estimates, boosted by higher demand from China and continued artificial intelligence investments.
US equity futures rebound and oil pare gains after a report that Iran made indirect contact with the US to negotiate an end to the war with Iran. US primary election results signal the road for Republicans ahead of the N
How much autonomy is too much for weapons directed by AI?
Crypto markets rebounded on Wednesday, recovering from a selloff triggered by the escalating conflict in the Middle East and shaking off earlier pain in other asset classes.
An Israeli F-35I fighter shot down an Iranian Yak-130 multirole jet over Tehran, the Israel Defense Forces said, marking the US-made stealth jet’s first known air-to-air victory against a crewed aircraft.
The startup embeds AI engineers with its biggest European clients
A $1.75 trillion valuation for billionaire Elon Musk’s SpaceX in an initial public offering would be “justifiable,” according to a PitchBook analyst.
AI data centers can operate without using peak power continuously, according to the results of a UK trial, a finding that could have implications for electricity systems worldwide.
Vnet Group Inc. has secured a record order to supply TikTok owner ByteDance Ltd. with about 500 megawatts of capacity from its data centers in China, according to people familiar with the situation.
S&P Global Inc. lowered its outlook for SoftBank Group Corp. to negative from stable, saying plans for an additional $30 billion investment in OpenAI may hurt the Japanese company’s liquidity and the credit quality of it
Technology developer Syzygy Plasmonics made a series of preliminary deals aimed at building out production of low-emission jet fuel across the Americas.