Meta Says New Muse Model Reaches AI Frontier After 14-Month Push
The Muse Wonder model will be a key test for Meta’s expensive and rebuilt superintelligence team.
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OpenAI Adds New Irish Roles in Boost to Firm’s EU Headquarters
OpenAI announced it would add new jobs in Dublin, a further sign of rapid growth at the ChatGPT-maker’s European headquarters.
Bloomberg Technology1 min readRay-Ban Heir Details Drug Abuse, Escalates EssilorLuxottica Spat
EssilorLuxottica SA heir Leonardo Maria Del Vecchio publicly disclosed his challenges with drug addiction and renewed his criticism of the eyewear company’s leadership after stepping down from his executive roles in August.
Bloomberg Technology1 min readWhy Gold Is Stuck Right Now
Gold’s rally is stalling as the Fed stays hawkish and real yields climb, squeezing one of the market’s favorite safe havens. Bloomberg’s Frank Monkam breaks down why volatility in gold has collapsed, what the tight gold–silver spread is really signaling and how copper has quietly become a high‑beta…
Bloomberg Technology1 min readAnthropic AI Model Goes Rogue, Gives Cops a Fake Tip
Anthropic PBC said its Claude AI model went rogue and carried out unintended actions on the digital systems of outside organizations. In one example, the AI model gave police in Philadelphia a fake tip on a homicide case. The police took no action. Other unintended behaviors were also noted.
Bloomberg Technology1 min readBanks Poised to Surprise Wall Street: Analyst
Baird Senior Research Analyst David George joins Bloomberg Open Interest to lay out why he’s bullish on upcoming bank earnings despite a risk‑off market.
Bloomberg Technology1 min readIonQ's Biggest Move Yet: A $1.3B Security Acquisition
IonQ, a major quantum leader, is making a blockbuster security acquisition. The company is buying cybersecurity company Elisity in a deal worth up to $1.3 billion.
Bloomberg Technology1 min readGoldman, Morgan Stanley Traders Are Split Over Virgin Media Debt
Traders at Goldman Sachs Group Inc. and Morgan Stanley are split over the value of Virgin Media O2’s battered bonds, which plunged deep into distressed territory this month.
Bloomberg Technology1 min readAI Markups Distorting 'True Earnings Power of S&P,' Says Larry McDonald
Stocks fluctuated near their all-time highs as traders looked ahead to the start of the earnings season and inflation data that will be key in shaping the Federal Reserve outlook.
Bloomberg Technology1 min readT-Mobile Rises on Upgrade; IonQ to Buy Elisity | Stock Movers
On this episode of Stock Movers: - Amazon (AMZN) shares are moving on news it's in negotiations to acquire Decart AI, an artificial intelligence startup, in a deal that could be valued at around $7 billion, the Wall Street Journal reported.
Bloomberg Technology1 min readOdd Lots: How OpenAI’s Rogue Model Hacked Hugging Face
On this episode of the Odd Lots podcast, Nate Soares, president of the Machine Intelligence Research Institute, joins Joe Weisenthal and Tracy Alloway to talk about how a rogue OpenAI model hacked Hugging Face and why he thinks humanity's demise in the hands of superintelligent AI is inevitable.
Bloomberg Technology1 min readDangote Refinery Extends IPO by Two Weeks on Strong Demand
Aliko Dangote plans to extend the deadline for applications for the initial public offering in his Nigerian refinery by two weeks as Africa’s richest man seeks to provide investors in more countries access to the continent’s biggest listing to date.
Bloomberg Technology1 min readApollo's Slok on Housing, US Economic Growth, Fed Policy
Apollo Chief Economist Torsten Slok talks about the impact of higher interest rates on the US housing supply. He also discusses the prospects of an AI-induced bank run and which parts of the economy are the most sensitive to Federal Reserve interest rate moves.
Bloomberg Technology1 min readWhy Financing Markets Might Be a Bottleneck for AI
Broadcom CEO Hock Tan likened AI investing to gambling, saying many investors do not understand what they are backing and have extreme expectations. Bloomberg Intelligence’s Mandeep Singh has more on financing markets and AI on "Bloomberg Open Interest." (Source: Bloomberg)
Bloomberg Technology1 min readYandex Taxi, Map Services Curbed After Ukraine Hits Data Centers
Yandex users in Russia faced widespread disruptions to ride-hailing, navigation and payment services after Ukraine struck several of the technology company’s data centers with drones.
Bloomberg Technology1 min readHackers Hit French Supermarkets in Attack Disabling Fridges
Hundreds of supermarkets in France were hit by cyberattacks on Sunday night that disabled refrigeration systems and forced stores to throw out damaged food, following warnings that hackers are seeking to cause physical damage.
Bloomberg Technology1 min readSoftBank-Backed OPay Eyes Up to $500 Million in New York Listing
SoftBank Group Corp.-backed OPay Digital Services Ltd. plans to raise about $500 million with its private placement and an initial public offering in New York, according to people familiar with the matter.
Bloomberg Technology1 min readGoogle Debuts $180 Fitbit Edge Tracker, Replacing the Fitbit Charge 6
The Edge, which replaces the Fitbit Charge 6, offers consumers another vehicle for trying out the recently revamped Google Health app.
Bloomberg Technology1 min read
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