Bloomberg Tech
AI news source. Articles are auto-selected and adapted by Hamidun News editors.
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Blackstone Restructures Growth Division, Establishes Separate AI Subsidiary
Investment giant Blackstone is transferring its growth business to a new West Coast division focused exclusively on AI assets, including stakes in OpenAI and Anthropic.
SoftBank-Backed Deal Worth $999M: Market Continues Pouring Money Into AI Data Centers
A data center developer is placing nearly $1 billion in high-yield debt backed by a facility leased by a SoftBank subsidiary, testing whether the market remains ready to finance AI infrastructure at current valuations.
Apple prepares Siri mode in iPhone camera, enhances Visual Intelligence in iOS 27
According to Bloomberg, iOS 27 will add a dedicated Siri mode to the camera app, integrate Visual Intelligence there, and enable iPhone to read nutrition data and contact information.
Apple prepares major update to built-in photo editor with Apple Intelligence
Apple plans to significantly overhaul built-in photo editing tools and add Apple Intelligence capabilities to them, making AI processing part of system applications.
Meta Accelerates Energy Infrastructure: Entergy Raises Investment Plan by $14B Due to Data Centers
American Entergy has increased its four-year capital investment plan to $57 billion: the main reason is gas-fired power plants for a major Meta data center in northern Louisiana.
Microsoft exceeded Azure forecasts, but investors worry about AI monetization pace
Azure showed quarterly growth slightly above analyst expectations, but this didn't reassure investors: the market doubts Microsoft is monetizing AI services demand fast enough.
Elon Musk told the court that OpenAI abandoned its public mission for profit
Elon Musk told the jury that he lost trust in other OpenAI leaders when the project, conceived as a public good, according to his account, shifted toward profit.
Republicans in U.S. House of Representatives Investigate Airbnb and Anysphere Over Chinese AI Models
Republicans in the U.S. House of Representatives are investigating whether Airbnb and Anysphere use Chinese AI models, amid Congress's hardened stance against technological dependence on Beijing.
Alphabet Exceeded Expectations Driven by Google Cloud and Enterprise Demand for AI
Alphabet beat expectations: Google Cloud growth and demand from AI clients showed that the company's major infrastructure investments are beginning to deliver significant financial returns.
Meta shares fall after raising 2026 AI spending forecast to $145 billion
Meta raised its 2026 capital expenditure forecast to $125–145 billion, citing higher component costs and expanded data centers, but investors reacted negatively to the scale of the AI bet.
Mercor Reaches $10 Billion Valuation by Hiring Specialists to Train AI on Office Work
San Francisco-based startup Mercor, valued at $10 billion, pays qualified specialists to train AI on their own work tasks, betting on automating office operations.
Meta tumbles after raising 2026 AI and data center capex forecast
Meta raised annual capital expenditure guidance to $125–145 billion, sparking a selloff as investors worry massive AI investments won't deliver returns as quickly as hoped.
Fresh Apple and Nvidia earnings reveal where the AI infrastructure market is heading
A new wave of quarterly reports from Apple, Broadcom, and Nvidia shows that the AI market is maturing: investors are looking not for promises, but for tangible revenue, demand, and return on investment.
Anthropic discussing new round with valuation above $900 billion and may surpass OpenAI
Anthropic is considering a new investment round with a valuation above $900 billion — if the deal closes, the company could become the most expensive AI startup in the world, surpassing OpenAI.
SoftBank Prepares US IPO for AI Robotics Company Roze, Betting on Robots and Data Centers
According to FT, SoftBank is creating a separate Roze company in the US for AI robotics and data centers, aiming to take it public in 2026 with a valuation up to $100 billion.
Former Neural Band leader at Meta seeks funding for Flourish at $2.5B valuation
Thomas Reardon, who led Neural Band at Meta, is raising investments for new startup Flourish, which develops energy-efficient AI and targets a $2.5B valuation.
OpenAI achieves key US AI capacity milestone ahead of schedule, accelerating data center expansion
OpenAI reached a critical US AI computing capacity milestone several years ahead of plan, reducing infrastructure risk and expediting data center expansion.
White House Opposed Anthropic's Plan to Expand Access to Mythos Model
According to WSJ, the US Administration did not support Anthropic's plan to expand access to the Mythos model, which the company itself considers powerful enough for dangerous cyberattacks.
Mphasis CEO Nitin Rakesh Explains How the Company Is Reimagining Business Through AI
The head of Indian IT firm Mphasis told Bloomberg why AI is transforming the outsourcing business model and how a mid-sized company competes with industry giants.
Bank of England warns that rapid AI growth in finance risks systemic failures
Bank of England stated that rapid AI adoption by banks and funds could pose a threat to financial stability, especially if failures affect the private credit market.
Microsoft to invest $5.5 billion in Singapore's AI industry through 2029, strengthening position in Asia
Microsoft will invest $5.5 billion in Singapore's AI industry through 2029, doubling down on the country as a key hub for AI development and deployment in Asia.
Kling AI, Runway, and Vidu Gain Users After OpenAI Closes Sora Video Service
After the announcement of Sora's shutdown, users quickly migrated to Kling AI, Runway, and Vidu: Kling's weekly active audience grew by 4%, while the other two services saw roughly 1% growth.
Coface: artificial intelligence threatens high wages and tax revenues in Britain
Coface rated the United Kingdom as the most vulnerable among 12 developed economies to AI task automation: high-paying roles and their associated tax base are at risk.
Interest in OpenAI shares on secondary market wanes as investors shift to Anthropic
Investors are losing interest in OpenAI shares on the secondary market and increasingly switching to Anthropic — signaling that private AI capital is becoming more selective in choosing winners.
Eclipse hires first Chief AI Officer from Meta to accelerate technology deployment across portfolio
Venture firm Eclipse has appointed its first Chief AI Officer from Meta to help portfolio companies implement AI not as a trendy layer, but as a working tool.
Billionaire Chen Tianqiao Split MiroMind Between China and USA After Manus Saga
After Meta-Manus deal blockade, Chinese billionaire Chen Tianqiao restructures MiroMind, banning code and data exchange between Chinese and American operations.
Foxconn Industrial Internet Doubles Profit But Misses Expectations Amid China's AI Boom
Chinese Foxconn Industrial Internet sharply increased revenue and profit on strong demand for AI servers, but quarterly results still fell short of market expectations.
Poland warns of rising cyberattacks amid spread of advanced AI tools
Polish authorities anticipate intensified cyber threats as more powerful AI tools become widespread: attacks are becoming cheaper, larger in scale, and more convincing to victims.
Cleveland-Cliffs launches three-year AI implementation project with Palantir
American steelmaker Cleveland-Cliffs signed a three-year agreement with Palantir to deploy AI across its entire operations chain and accelerate production modernization.
China attempts to block Manus AI acquisition: can Meta preserve the $2 billion deal?
China demanded the cancellation of Meta's already-closed Manus AI acquisition, demonstrating that in the AI-agents race, it's not just about money and product, but also control over technology.