Apple Inc. accidentally leaked a video of its camera-equipped AirPods, but Bloomberg reporter Mark Gurman reports the devices will not launch until late 2027, not 2026 as originally planned. Productio…
CoreWeave reported second-quarter 2026 revenue of $2.58 billion, up 112% year over year, and guided third-quarter revenue to $3.45 billion–$3.6 billion, with full-year revenue of $12.4 billion–$13.2 b…
Alibaba Group Holding Ltd. reported a 75% drop in net income to 10.5 billion yuan ($1.6 billion) for the June quarter, driven by a 75% surge in capital expenditure to 67.7 billion yuan ($10 billion) o…
A Bloomberg test found Chinese AI models built the same e-commerce site for a fraction of the cost of US counterparts, with DeepSeek's V4-Pro charging $3.96 per million output tokens versus Anthropic'…
Baidu's market capitalization fell to roughly $31 billion after its shares dropped 12.73% to $90.87 on August 18, following second-quarter results that showed a 68% net income decline to Rmb 2.3 billi…
Callosum, a London AI infrastructure startup founded by Danyal Akarca and Jascha Achterberg, has raised $100 million in seed financing led by Atomico, with participation from Plural, DCVC, and the UK'…
Fei-Fei Li, Stanford professor and cofounder of World Labs, said in a Bloomberg interview released Wednesday that she runs her AI startup like a 'tiger mom,' setting high standards for her young team.…
OKX, a cryptocurrency exchange, restricted employees in Hong Kong and those traveling through mainland China from using Anthropic's Claude model after its enterprise account was briefly suspended in e…
Temporal Technologies Inc., a developer tooling provider, is in talks to raise about $500 million in a funding round that could value the company at more than $12 billion, according to Bloomberg sourc…
Cognition, maker of the AI coding agent Devin, is in talks to raise funding at a $40 billion valuation after achieving a $1 billion annualized revenue run rate in under two years, according to Bloombe…
Bloomberg reported that Phia, the AI shopping extension co-founded by Phoebe Gates and Sophia Kianni, engaged in cookie stuffing for months, with internal Slack messages showing the founders knew abou…
Bloomberg reported that Elon Musk's SpaceX attempted to acquire AI coding startup Cognition, but Cognition CEO Scott Wu denied the report, stating the company is not for sale and that no talks have oc…
Crypto exchange OKX has restricted access to Anthropic's Claude AI for employees based in Hong Kong or traveling through China after its corporate account was temporarily suspended for violating geogr…
SpaceX approached Cognition, the AI coding startup founded by Scott Wu, about an acquisition, but the talks are inactive, according to Bloomberg. The two companies continue to discuss a compute arrang…
SpaceX has initiated discussions with Cognition AI, the company behind the Devin AI coding agent, about a potential acquisition, according to Bloomberg. The talks come just days after SpaceX finalized…
Economist Steve Moore called the current U.S. expansion "the biggest industrial boom in the history of the United States" on Fox Business, forecasting $6-7 trillion in AI and data center investment ov…
Jyske Bank CEO Lars Stensgaard Mørch said artificial intelligence and shared technology platforms are reducing the pressure for bank consolidation in Denmark, potentially ending the country's two-deca…
The 30-year U.S. Treasury yield hit its highest level since 2007 at 5.21% on August 19, while the 10-year reached 4.72%, a 19-month high, as enormous AI infrastructure spending and persistent U.S. def…
Anthropic's annualized revenue run rate topped $65 billion by the end of July, up from $47 billion in May and about $9 billion at the end of 2025, according to a person familiar with the company's fin…
Stripe has agreed to acquire OpenRouter, an AI model marketplace and routing platform, in a deal reportedly valued at more than $7 billion. OpenRouter processes over 10 trillion tokens per day across …