OpenAI is developing an AI-powered smart speaker that will serve as a physical version of ChatGPT, capable of controlling smart home devices, playing media, managing messages, and providing proactive …
OpenAI said it is not aware of any evidence that Apple's trade secret theft allegations have merit, according to a statement provided to Bloomberg. Apple sued OpenAI on July 10, 2026, accusing employe…
Kalshi is building a tool to predict the future price of computing power, according to Bloomberg. The prediction market platform will analyze weekly and monthly compute contracts using an algorithm to…
Meta Platforms is launching an internal division called 'Meta Compute' to monetize surplus AI infrastructure by offering raw compute power and hosted AI models to external developers, a move that sent…
The Agentic AI Foundation (AAIF), a community with over 200 member companies including Anthropic, OpenAI, Google, Microsoft, AWS, Bloomberg, Block, and Cloudflare, is calling for venue hosts, organize…
Chinese AI pioneer DeepSeek has begun preparations for an initial public offering and may file as soon as this year, targeting a debut in 2027, according to people familiar with the matter. The Hangzh…
Deepseek, the Chinese AI company valued at about $50 billion after a $7 billion funding round in June, is considering an initial public offering, according to Bloomberg. The company gained global atte…
Goldman Sachs Group Inc. posted a record $7.42 billion in stock-trading revenue for the second quarter, surpassing its own Wall Street records for the third consecutive quarter. The equities result ju…
GMI Cloud is seeking a NT$20.45 billion ($635 million) loan from Taiwanese banks, backed by customer contracts for GPU capacity rather than equity, with a five-year term loan tranche of NT$13.9 billio…
Samsung is in early-stage discussions with banks about a potential U.S. stock listing, according to Bloomberg, as rival SK Hynix's record $26.5 billion Nasdaq debut has reignited interest in Wall Stre…
Asian stock markets fell on Tuesday amid AI-driven sell-offs, with South Korea's Kospi index dropping over 3% after plunging more than 5% to its lowest since April, down over 30% from its June peak. S…
DeepSeek founder Liang Wenfeng became the world's wealthiest AI model creator after the company closed its first external funding round, raising over $7.4 billion and pushing its valuation past $50 bi…
Singapore-based AI video startup PixVerse has extended its Series C round to $439 million, pushing its valuation past $2 billion, up from roughly $1 billion in March, according to Bloomberg and KrASIA…
New Mountain Capital founder Steven Klinsky says Wall Street's panic over AI disrupting software companies is overblown, arguing that enterprise software's complexity and integration requirements will…
Apple is developing the M7 Ultra chip with a potential 1.5TB unified memory capacity, targeting a 2028 release and aiming to deliver AI performance comparable to Nvidia's Blackwell accelerators, accor…
Apple is accelerating its chip release roadmap, skipping high-end M6 variants to reach the M7 generation faster, driven by AI competition from Nvidia and others, according to Bloomberg's Mark Gurman. …
Apple's lawsuit accusing OpenAI of stealing trade secrets has thrown OpenAI's plans to launch a rival iPhone device into limbo, according to a Bloomberg report. The lawsuit claims OpenAI poached more …
Apple is accelerating development of its M7 chip series, now expected to arrive in the first half of 2027, with AI enhancements derived from the canceled Apple Car project, according to Bloomberg's Ma…
OpenAI still plans to announce its AI hardware this year and launch it in 2027, according to Bloomberg's Mark Gurman, despite a lawsuit from Apple accusing OpenAI and two former Apple employees of ste…
Apple's trade secret lawsuit against OpenAI is already disrupting the company's plans to build an iPhone rival, according to Bloomberg's Mark Gurman, with the suit squeezing OpenAI's ability to recrui…