Asia Tech Stocks Are Cracking as AI Trade Wobbles
Here's a glimpse of what's dragging tech and chipmaker stocks down from the US to Asia. (Source: Bloomberg)
Bloomberg Technology1 min read
Bloomberg Technology
Stay updated with the latest developments in Artificial Intelligence
French Student Protests Enter Third Week as Budget Debate Starts
French high school students are set to hit the streets on Tuesday, extending their movement into a third week with no clear response from policymakers to their demands in sight.
Bloomberg Technology1 min readIMF Forecasts 2027 Global GDP Boost, But Risks Remain
The International Monetary Fund said global growth should pick up next year with a boost from AI investment, but warned the world economy is nearing the limits of its resilience as the energy squeeze persists and financial risks build. (Source: Bloomberg)
Bloomberg Technology1 min readAnthropic Eyeing Data Center Investment in Australia, Envoy Says
Anthropic PBC is looking to invest in data centers in Australia as the artificial intelligence company scales up its capacity build-out across the world.
Bloomberg Technology1 min readIndia Food Watchdog to Tighten Grip on $80 Billion Online Market
India’s top food regulator is preparing tighter rules for quick delivery online platforms, including Blinkit, Swiggy Ltd.’s Instamart and Amazon Now, as it intensifies a nationwide crackdown on unsafe practices across the world’s largest consumer market.
Bloomberg Technology1 min readTencent Kicks Off $5 Billion Bond Sale to Finance AI Spending
Tencent Holdings Ltd. began marketing dollar and offshore yuan bonds in an offering that could raise around $5 billion to support its escalating investments in artificial intelligence.
Bloomberg Technology1 min readMuse Wonder Puts Meta's Aggressive AI Push in Focus
Meta Platforms released a new artificial intelligence model called Muse Wonder, which the company claims is a big leap over its predecessors. Riley Griffin has more on "The Asia Trade." (Source: Bloomberg)
Bloomberg Technology1 min readEarnings Season, AI & Oil Prices in Focus
The Close brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are RockCreek CEO & Founder Afsaneh Beschloss, Barclays Multi-Sector Aerospace & Defense Analyst Anthony Valentini, Former Fed Governor…
Bloomberg Technology1 min readNeostellar’s Willy Lee on AI Landscape Ahead of Anthropic Pre-IPO Investor Day
Willy Lee, Principal at Neostellar, says attention on Anthropic’s potential IPO risks obscuring broader AI investment and adoption. He cited nearly $200 billion in U.S. venture capital deployed in the first half of the year—more than 74% of the prior year’s estimated total.
Bloomberg Technology1 min readBarclays: “Generational Shift” in Aerospace & Defense
Anthony Valentini of Barclays says aerospace and defense is at an inflection point: newer, high-growth companies using commercial business models should be evaluated differently from traditional contractors and could achieve higher margins at scale.
Bloomberg Technology1 min readBig Take: AI’s Giant Money Loop Has Echoes of 2008
A web of circular investments is powering the AI boom, but it’s also amplifying global imbalances and stirring echoes of the 2008 financial crisis. Bloomberg's Shawn Donnan joins David Gura on the Big Take podcast to explain. (Source: Bloomberg)
Bloomberg Technology1 min readApplied Materials Will Double Sales, Not Headcount, Thanks to AI
Applied Materials Inc. expects to double revenue over the next few years, without a commensurate rise in hiring, because it’s relying more on artificial intelligence tools for things like product development and quality control.
Bloomberg Technology1 min readMeta Releases New AI Model Called Muse Wonder
Meta Platforms, parent company of Facebook, has released a long-awaited artificial intelligence model called Muse Wonder. This model is said to be competitive with OpenAI's ChatGPT and Anthropic's Claude. Meta stock rose on the news. Mandeep Singh of Bloomberg Intelligence has more.
Bloomberg Technology1 min readRobinhood CIO on Investment Ideas Ahead of Earnings
Stephanie Guild, CIO at Robinhood Markets, said rising bond yields have not yet diminished equities’ appeal. She attributed the increase in yields largely to strong capital spending demand and growth, rather than inflation alone, noting that some areas—particularly consumers—have not seen…
Bloomberg Technology1 min readTesla Cybercab to Make European Debut at Paris Motor Show
Tesla's Cybercab will make its first appearance in Europe at the Paris Motor Show this week. Elon Musk is trying to expand the company's footprint outside of the US. Bloomberg's Detroit Bureau Chief David Welch reports on Musk's ambitions and challenges. (Source: Bloomberg)
Bloomberg Technology1 min readMeta Rallies as New Muse Wonder Model Heats up AI Race | Closing Bell
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Scarlet Fu, Hema Parmar, Carol Massar and Tim Stenovec. (Source: Bloomberg)
Bloomberg Technology1 min readThe Staggering Costs of a Single Data Center, From Land to Chips
Roughly $750 billion. That’s how much Meta Platforms Inc., Amazon.com Inc., Microsoft Corp. and Google owner Alphabet Inc. are expected to devote to capital expenditures this year alone. That’s more than the entire gross domestic product of Ireland or Belgium.
Bloomberg Technology1 min readWhy Big Tech Is Borrowing Billions to Fund AI Spending
For the past few years, the largest US technology companies have been in a costly race to develop advanced artificial intelligence systems while at the same time providing computing power to a burgeoning field of startups.
Bloomberg Technology1 min read
Showing 72 of 435 stories
Load more storiesAiByts Weekly Brief
Get the top AI news and tools straight to your inbox every week.
Weekly · AI news from Bloomberg Technology
Join 15,000+ AI enthusiasts