Bloomberg Tech
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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.
Victory Giant Reports 28% Sales Growth Amid AI Server Demand
PCB supplier Victory Giant reported quarterly sales growth of 28% as AI server manufacturers expand their component purchases for data centers.
Nvidia and Big Tech Drive Tech Sector to Lead Earnings Season
American tech companies have become the main driver of earnings season: demand for AI infrastructure and record Big Tech spending have boosted chip makers' profit growth.
US Data Center Bonds Decline After Warning Signal on OpenAI Growth
Following reports that OpenAI failed to meet its internal targets for user and revenue growth, investors have begun selling bonds of data-center-related companies.
Amazon launched AI software through AWS for office teams: hiring, supply, and Quick
AWS demonstrated a new package of AI services for office teams: from voice interviews with candidates to supply planning and a desktop assistant that works with files and email
Judge in OpenAI case calls on Elon Musk and Sam Altman to stop public quarrels on X
During hearings on the high-profile dispute with OpenAI, the judge separately addressed Elon Musk and Sam Altman, asking them to reduce social media activity following recent attacks on X.
British graduates pursue master's degrees to weather hiring crisis and AI pressure
In the UK, graduates increasingly view master's programs as an "emergency" move: the junior job market has contracted, and fear of AI has transformed a diploma into a form of career deferral.
OpenAI-Musk Lawsuit Begins: Company Mission Dispute Clouds IPO Plans
In California, jurors have been selected in Elon Musk's case against OpenAI: the billionaire demands the company return to its original nonprofit mission, and the trial complicates the path to IPO.
OpenAI-linked stocks decline after company misses internal targets
Shares of companies whose valuations are closely tied to the OpenAI ecosystem fell after reports that the ChatGPT developer failed to meet its own revenue and user growth goals.
Amazon Signs Deal with OpenAI While AWS Prepares New Office AI Services
Amazon Web Services announced a partnership with OpenAI immediately after ending OpenAI's exclusive agreement with Microsoft and is preparing new AI services for office work.
Apple redesigns photo editor in iOS 27: three AI features to rival Android
Apple is preparing a major redesign of the built-in photo editor in iOS 27 and macOS 27 with three new AI features — to match Android flagships in photo editing directly in the standard gallery.
Wood Mackenzie: US energy equipment market to triple to $65 billion by 2030
According to Wood Mackenzie, the US electrical equipment market will triple to $65 billion by 2030 — AI data centers will account for up to 40% of all investments.
OpenAI Refutes Revenue Growth Concerns, Reports Strong Enterprise Demand
OpenAI has publicly responded to reports of missing internal targets, asserting that both its consumer and enterprise divisions are growing while customer demand remains robust.
Elon Musk accused OpenAI in court of abandoning its public mission and shifting to profit
At hearings on his lawsuit against OpenAI, Elon Musk argued that the company has departed from its public mission, and its shift to a commercial model creates a dangerous precedent for the entire AI market.
Super Micro Co-Founder Pleaded Not Guilty in Nvidia Server Shipments to China Case
Super Micro Co-Founder Wally Lau pleaded not guilty in New York in the case of alleged shipment of Nvidia servers to China valued at billions of dollars.
MIT Eases Restrictions for Students and Faculty to Launch AI Startups
MIT is revisiting rules for faculty and students to make it easier to launch AI startups, take academic breaks, and convert research into business more quickly.
Armadin Chief Kevin Mandia Warns AI-Powered Attacks Now Outpace Human Defense
CEO Kevin Mandia believes cyber attacks powered by AI are evolving so rapidly that manual analysis and security team responses can no longer keep pace with threats.
Cato Institute: US Needs to Accelerate AI Infrastructure and Energy Investments
Washington discusses a national AI framework, but without new investments in energy and data centers, US leadership could remain a political goal without technical foundation.
Anthropic bets on Cowork: agent could surpass Claude Code in market size
Anthropic believes its universal AI agent Cowork will reach a broader market than Claude Code and become the company's next major product following the developer tools boom.
Salesforce Ventures: OpenAI and Anthropic valuations became too aggressive for the market
Salesforce Ventures partner warned that AI market leaders' valuations are becoming increasingly aggressive: after OpenAI's record funding round, investors are already pricing in nearly perfect growth scenarios.
US Tech Companies Accelerate Layoffs Amid AI Investment
US tech companies have once again taken the lead in layoffs: firms are cutting staff against the backdrop of AI investments, and the number of announced cuts in the sector has grown noticeably both in March and since the