Bloomberg Tech
Nvidia forecasts $1 trillion in revenue by 2027: AI infrastructure not slowing down
Nvidia counts on $1 trillion in sales by 2027; IBM announces M&A strategy in AI; startup Gecko Robotics already uses robots for inspecting U
Nvidia restarts H200 production for China after securing sales licenses for customers
Nvidia has secured licenses to sell H200 accelerators to multiple customers in China and is already restarting production, preparing to rest
Swarmer shares soar 520% after listing: strongest debut for a drone AI software developer
In its U.S. trading debut, shares of Swarmer, a developer of AI software for drones, climbed as much as 520%, marking one of the strongest s
Trump administration threatens to remove Anthropic from U.S. government agencies after dispute over AI tools
The U.S. administration pledged to seek Anthropic's removal from all government agencies after a conflict over how federal bodies may use th
Samsung to supply AMD next-generation AI memory, develop AI technologies together
Samsung and AMD have agreed to supply next-generation memory for AI and jointly develop future computing technologies, intensifying the race
UniCredit expects to save up to €500 million over five years thanks to AI implementation
Italian bank UniCredit has estimated the impact of AI implementation at €400–500 million in net cost reductions over five years through the
Xbow raised a new round and became a "unicorn" amid interest in AI cybersecurity
Xbow raised a new round at a valuation above $1 billion, showing that investors are ready to actively invest in AI tools for finding vulnera
Fluidstack exits €10B French AI project and pivots to the US
Startup Fluidstack abandoned a high-profile €10B AI data center project in France and is betting on the US, where it secured larger contract
Podcast Index: nearly 40% of new podcasts are already being created by AI, and the audio market is concerned
Over the past nine days, about 39% of new podcasts in the open Podcast Index catalog were likely created by AI — and that is already changin
Meta spends on AI like a hyperscaler but doesn't show Amazon and Google's growth
Bloomberg Opinion believes Meta is too aggressively ramping up AI and data center spending without the cloud growth that Amazon and Google a
Amazon, Google and Meta Increase Debt for New AI Infrastructure Race
The largest U.S. tech companies, including Amazon, Google and Meta, are increasingly turning to record-breaking borrowing to build data cent
SAP reshapes AI strategy: new teams and pay-per-use instead of subscriptions
SAP CEO Christian Klein is launching a major AI division and moving customers to pay-per-use pricing to adapt the business to the era of AI
Nvidia receives orders from China: Huang calls OpenClaw the next ChatGPT
Nvidia resumes H200 shipments to China despite restrictions. Jensen Huang called the Chinese AI product OpenClaw “the next ChatGPT” — shares
EU prepares ban on AI services like Grok over generating intimate images without consent
The European Union is discussing a ban on AI tools capable of generating intimate images without consent after the scandal around Grok and t
Gradient Ventures raised $220 million for its fifth seed fund for AI startups
Gradient Ventures has closed its fifth seed fund at $220 million and is doubling down on early-stage AI startups despite rising company valu
NTT Global Data Centers aims to double data center capacity to 4 GW amid the AI boom
NTT Global Data Centers is preparing 34 projects to double capacity to 4 GW in two years and meet rising demand for AI infrastructure from h
Samsung to direct $73 billion to chip production expansion and research in 2026
Samsung is set to invest more than $73 billion in 2026 in expanding memory production and research, showing that AI and chips remain at the
Crypto.com cuts 12% of its workforce and links layoffs to shift to AI tools
Crypto exchange Crypto.com announced a cut of about 12% of its staff and directly linked it to the growing capabilities of AI, to which it i
Meta cuts external moderation and shifts content review to more advanced AI
Meta plans to significantly reduce its reliance on moderation contractors in the coming years and hand over the detection of fraud, illegal
Cursor prepares a new AI model for coding to compete with OpenAI and Anthropic
Cursor is preparing to release a more efficient AI model for software development, trying to keep up with OpenAI and Anthropic in the rapidl
OpenAI plans to acquire Astral and double down on Python tools for developers
OpenAI is preparing to acquire Astral, a startup that builds tools for Python developers, to deepen its presence in the fast-growing market
Oasis Security raised $120 million to manage access for AI agents and service accounts
Startup Oasis Security, which helps companies manage access for AI agents and other non-human accounts, raised $120 million from major inves
DoorDash Starts Paying Couriers for Data to Train AI and Robotics
DoorDash in some regions pays couriers not only for deliveries but also for videos and digital tasks, turning gig work into a tool for train
World Bank shifts focus to AI-resilient industries to boost employment
The World Bank is changing its development strategy: when launching employment programs, it wants to give more weight to AI’s impact and sup
Democratic Alliance ministers in South Africa embroiled in scandal over AI errors
In South Africa, two Democratic Alliance ministers have faced the fallout from AI hallucinations: one withdrew a policy draft, the other sus
NSA tests Anthropic Mythos model to find vulnerabilities in Microsoft products
The US NSA is assessing whether the new Anthropic Mythos model can find vulnerabilities in widely used software, including Microsoft product
1X opened a factory in California and wants to produce 10,000 home robots in a year
Backed by OpenAI, 1X has opened a factory in California and plans to produce 10,000 home robots in its first year — one of the most ambitiou
Eurozone finance ministers to discuss Anthropic's Mythos model amid rising concerns
Finance ministers of eurozone countries will return to the topic of Anthropic's Mythos on May 4, as regulators and banks try to understand h
BlackRock speeds up product launches with AI: prototypes for Aladdin are now built in days
BlackRock COO Rob Goldstein said the company is already using AI to build working prototypes in days instead of months and to improve transp
AI boom buoyed the US economy and softened the blow of war-driven inflation in the first quarter
Growing AI investment helped US GDP accelerate to 2% in the first quarter, even as the war involving Iran drove up oil prices, inflation and