Articles from www.bloomberg.com

Articles from www.bloomberg.com

Generac signs a long-term deal to supply Amazon with up to $8B worth of backup generators for data centers and grants Amazon a warrant to buy up to a 2.6% stake (www.bloomberg.com)
16 days ago Amazon

Sources: Manus is set to soon close a $500M round at a $4B valuation, signaling growing confidence after Beijing unwound Manus' short-lived $2B buyout by Meta (www.bloomberg.com)
16 days ago

Sam Altman and Jensen Huang are among business leaders attending a White House state dinner for Xi Jinping next week; a source says Tim Cook will also attend (www.bloomberg.com)
16 days ago Tim Cook

How AI beauty tools like Qoves and UMax commercialize facial-analysis algorithms that evaluate geometric proportions, balding, and more to prescribe treatments (www.bloomberg.com)
16 days ago AI Algorithm

At India's Semicon, Narendra Modi launches a charm offensive for investors, drawing pledges from Applied Materials and Lam Research for billions in investments (www.bloomberg.com)
16 days ago India

DoorDash says Costco members can now order same-day delivery from every US Costco store, a day after Uber expanded its Costco deliveries from 17 to 47 US states (www.bloomberg.com)
16 days ago Uber

King Charles hosts tech leaders, such as Jensen Huang, Demis Hassabis, and OpenAI CFO Sarah Friar, in Scotland to discuss AI risks; Huang calls for safety tests (www.bloomberg.com)
16 days ago AI

Sources: the White House's Office of the National Cyber Director is drafting an EO to establish a government-led incubator aimed at cybersecurity research (www.bloomberg.com)
16 days ago

Sources: SpaceX has discussed buying customer and operational information from troubled or defunct startups as a more affordable data source for AI training (www.bloomberg.com)
16 days ago Startup AI SpaceX

Analysis: in the Bay Area, tech employers filed layoff notices for 14,500+ workers in the 12 months to June and software engineer demand is down 42% since 2022 (www.bloomberg.com)
16 days ago

Andrew Ng says renewed AI extinction warnings are “much more science fiction than science” and the latest “wave of PR” is probably intended to shape regulation (www.bloomberg.com)
16 days ago AI

Anthropic says Claude “leads” 26% of its AI R&D work, up from 1% in March, and “collaborates” on 90%+, doing “large chunks of work under close human direction” (www.bloomberg.com)
16 days ago AI

The US CFTC exempts “passive software” providers from broker registration if they never hold user assets, expanding crypto and prediction market online trading (www.bloomberg.com)
16 days ago Asset CFTC

Governor Gavin Newsom signs an EO directing a working group to provide a guide in two months with measures to boost California's AI safety and security laws (www.bloomberg.com)
16 days ago AI California

ING: India's software services exports have risen to ~5.2% of GDP from 3.3% before the pandemic, as AI pushes the country's IT industry toward higher-value work (www.bloomberg.com)
16 days ago

Trump says he will appoint an AI czar and form an “AI Force”, in a Truth Social post that rejects AI safety concerns as a “hoax” (www.bloomberg.com)
16 days ago

iPhone Duo will usher foldables into the mainstream, just as iPhone did with smartphones; sources: iPhone game controllers will launch under the Beats brand (www.bloomberg.com)
23 days ago iPhone

Donald Trump's plan to center Bitcoin mining in the US is unraveling as miners convert facilities into AI data centers amid a prolonged crypto market slump (www.bloomberg.com)
23 days ago Trump Bitcoin AI

The US legal system is struggling to keep up with AI, grappling with cases where chatbots provided counsel, generated evidence, or helped plan a mass shooting (www.bloomberg.com)
24 days ago AI chatbot

Trump is taking a hands-off approach to AI regulation to preserve the US lead over China, ahead of a summit with Xi Jinping, where AI safety is a top issue (www.bloomberg.com)
24 days ago Trump China AI

Amodei says pacing does not mean halting training or progress, but giving companies time to align and safeguard models and third-party evaluators time to verify (www.bloomberg.com)
24 days ago

As the AI wave creates tech fortunes at breakneck speed, a look at the growing ecosystem helping founders navigate the challenges of becoming extremely wealthy (www.bloomberg.com)
24 days ago AI

Some experts say Siri Recap and Live Rewind, always-listening AI features in new Apple Watches, could test eavesdropping laws despite privacy protections (www.bloomberg.com)
24 days ago AI Apple

Citrini Research founder James van Geelen has sold the firm to SemiAnalysis for an undisclosed sum; sources: van Geelen plans to launch a new fund (www.bloomberg.com)
24 days ago

The UK's Office for National Statistics cites AI as a major driver of the country's summer growth spurt, with GDP growing 0.4% in July, above expectations (www.bloomberg.com)
24 days ago AI GDP

GSA says OpenAI is replacing its $1-per-year pilot for US agencies with a usage-based deal providing a 50% discount from October 1, with access to GPT-6 Astra (www.bloomberg.com)
25 days ago

Threat intelligence report: Anthropic says it disrupted a Yemen-based guided weapons engineering cell using Claude to develop guidance software for missiles (www.bloomberg.com)
25 days ago Intelligence

Sources: Moonshot AI told investors it topped $1B ARR in August, up from $300M in June, driven by its Kimi K3 release; it aims to hit $2B ARR by the end of 2026 (www.bloomberg.com)
25 days ago AI

President Trump rejects warnings of AI-driven human extinction, saying the US leads China by a year and will be “in a very bad position” if it doesn't win in AI (www.bloomberg.com)
25 days ago Trump China AI

Sources: Sam Altman told OpenAI employees that the company is considering slowing cutting-edge AI development, and he hopes other AI companies will do the same (www.bloomberg.com)
25 days ago AI

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