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847 articles in Hamidun·Latest: June 15· Active·bloomberg.com ↗

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DeepL cuts a quarter of its staff amid the AI revolution in translation
LLMBloomberg Tech

DeepL cuts a quarter of its staff amid the AI revolution in translation

German machine translation service DeepL announced a 25% staff reduction, citing structural changes in the industry caused by the development of AI.

May 17, 2026·2 min
AMD surges on $11.2 billion forecast amid AI chip boom
LLMBloomberg Tech

AMD surges on $11.2 billion forecast amid AI chip boom

AMD, Nvidia's main competitor in the artificial intelligence chip segment, soared to record levels after publishing its second-quarter revenue forecast.

May 17, 2026·2 min
Trillion-Dollar AI Investments Drive Profits but Threaten Employment
LLMBloomberg Tech

Trillion-Dollar AI Investments Drive Profits but Threaten Employment

Hyperscalers' trillion-dollar AI investments drive corporate profits but threaten the labor market

May 17, 2026·3 min
Anthropic is building AI agents for traders, but they are not ready to replace traders
LLMBloomberg Tech

Anthropic is building AI agents for traders, but they are not ready to replace traders

Anthropic has developed AI agents for financial markets, but experiments showed that LLMs are still not able to work reliably in place of professional traders.

May 17, 2026·3 min
Demand for Arm processors surged on the AI wave — order volume doubled to $2 billion
LLMBloomberg Tech

Demand for Arm processors surged on the AI wave — order volume doubled to $2 billion

Arm CEO Rene Haas described an “explosion in demand” for the company’s processors, driven by AI computing in data centers. In five weeks, the company received $2 billion in orders — twice the usual amount.

May 17, 2026·2 min
MNTN: television remains the most powerful advertising platform despite the rise of streaming
LLMBloomberg Tech

MNTN: television remains the most powerful advertising platform despite the rise of streaming

MNTN CEO Mark Douglas is convinced that television is not dying. Streaming is expanding access to TV advertising for new companies, while AI tools are reducing video production costs.

May 17, 2026·3 min
Former KPMG adviser launches AI consultancy for wealthy families
LLMBloomberg Tech

Former KPMG adviser launches AI consultancy for wealthy families

Tony Cowell, who spent 30 years advising investment funds in the Cayman Islands, has created an AI platform for financial planning and wealth management for wealthy clients.

May 17, 2026·2 min
Waymo vs Tesla: two strategies for mastering autonomous cars
LLMBloomberg Tech

Waymo vs Tesla: two strategies for mastering autonomous cars

Waymo and Tesla have chosen opposite paths to autonomy: one is building full control through simulators and safety-critique, the other learns on real roads through millions of sensors.

May 17, 2026·2 min
Wayve proves: embedded AI is reshaping self-driving car development
LLMBloomberg Tech

Wayve proves: embedded AI is reshaping self-driving car development

Wayve CEO explained how embedded intelligence and learning on real roads make autonomous vehicle development several times faster than traditional methods.

May 17, 2026·3 min
Wayve vs Tesla and Waymo: why AI licensing scales faster
LLMBloomberg Tech

Wayve vs Tesla and Waymo: why AI licensing scales faster

Wayve CEO Alex Kendall explained to Bloomberg why his company's end-to-end approach to self-driving systems works more efficiently than competitors' modular architecture, and why licensing AI algorithms could become the

May 17, 2026·3 min
US suspects Nvidia chip smuggling via Thailand to Alibaba
LLMBloomberg Tech

US suspects Nvidia chip smuggling via Thailand to Alibaba

The US is investigating the smuggling of servers with Nvidia GPUs via Thailand to Alibaba and other Chinese companies worth billions of dollars.

May 17, 2026·2 min
Einride: Electric and Autonomous Trucks Will Reshape Logistics
LLMBloomberg Tech

Einride: Electric and Autonomous Trucks Will Reshape Logistics

The CEO of Swedish company Einride told Bloomberg how electric trucks and autonomous systems are transforming global logistics, but the human role will not disappear from the process.

May 17, 2026·3 min
The autonomous driving race: Waymo, Wayve, and others compete for the future of mobility
LLMBloomberg Tech

The autonomous driving race: Waymo, Wayve, and others compete for the future of mobility

Waymo, Wayve, BYD, and other companies are taking part in the accelerating autonomous driving race, applying different approaches: from sensor precision to mapless AI.

May 17, 2026·3 min
Waymo and Wayve launched autonomous taxis in London with different approaches
LLMBloomberg Tech

Waymo and Wayve launched autonomous taxis in London with different approaches

Waymo and Wayve began operations in London at the same time, choosing opposite strategies: one relies on sensors and digital maps, the other on scalable machine learning.

May 17, 2026·3 min
Lip-Bu Tan won Trump's trust, but Intel seeks a breakthrough in the AI market
LLMBloomberg Tech

Lip-Bu Tan won Trump's trust, but Intel seeks a breakthrough in the AI market

Since Lip-Bu Tan was appointed Intel CEO in March, the company's shares have remained flat as the chipmaker lags behind rivals in the rapidly growing AI market.

May 17, 2026·3 min
will.i.am urges young people to partner with AI instead of fearing it
LLMBloomberg Tech

will.i.am urges young people to partner with AI instead of fearing it

Musician and AI investor will.i.am advises young people not to panic about losing their jobs, but to learn to use AI to their advantage.

May 17, 2026·3 min
Startup Monk pays a year's rent for advice on hiring a good engineer
LLMBloomberg Tech

Startup Monk pays a year's rent for advice on hiring a good engineer

AI startup Monk is using an unusual way to attract talent — paying a year's rent for useful advice on hiring engineers amid intense competition for specialists.

May 17, 2026·2 min
Energy could give China an edge in the AI race — here's why
LLMBloomberg Tech

Energy could give China an edge in the AI race — here's why

Competition between the US and China in AI is shifting to the energy front. While the US leads in chips and software, China understood earlier than others that without cheap electricity, scaling AI is impossible, and is

May 17, 2026·3 min
Apple launches a ChatGPT-like Siri app with self-deleting chats
LLMBloomberg Tech

Apple launches a ChatGPT-like Siri app with self-deleting chats

Apple is developing a new Siri app that will compete with ChatGPT and include a self-deleting chats feature for greater user privacy.

May 17, 2026·2 min
Siemens prevails in talks with the EU on simplifying industrial AI rules
LLMBloomberg Tech

Siemens prevails in talks with the EU on simplifying industrial AI rules

Siemens and other European tech companies secured a review of EU AI rules that they see as an obstacle to competing with the US and China.

May 17, 2026·2 min
Akamai allocated $1.8B to AI cloud and moved away from hyperscalers
LLMBloomberg Tech

Akamai allocated $1.8B to AI cloud and moved away from hyperscalers

Akamai announced a $1.8B AI cloud deal: the company is betting on edge computing instead of hyperscalers to protect against cyberattacks and reduce costs.

May 17, 2026·3 min
CoreWeave reports transformational Q1 results: GPU cloud goes mainstream
LLMBloomberg Tech

CoreWeave reports transformational Q1 results: GPU cloud goes mainstream

CoreWeave, a GPU cloud provider for AI, announced strong Q1 results, with revenue and margins up. Demand is now coming not only from AI startups, but also from trading, finance, and robotics.

May 17, 2026·2 min
Three Mile Island will restart to power AI by 2027
LLMBloomberg Tech

Three Mile Island will restart to power AI by 2027

The Three Mile Island nuclear plant, known for the 1979 accident, will return to service by 2027 to power massive AI systems and chatbots that require record amounts of electricity.

May 17, 2026·3 min
Clara Shih on how AI skills save young people from unemployment
LLMBloomberg Tech

Clara Shih on how AI skills save young people from unemployment

42% of graduates fail to secure suitable jobs, but Clara Shih sees a way out: she calls for making AI skills accessible and financially rewarding for everyone

May 17, 2026·2 min
AST SpaceMobile rises thanks to an online investor community
LLMBloomberg Tech

AST SpaceMobile rises thanks to an online investor community

The SpaceX rival is sustaining its stock growth through the online community 'SpaceMob' — a phenomenon that shows the impact of coordinated online movements on the financial market.

May 17, 2026·2 min
ECB calls for review of financial infrastructure due to AI and stablecoins
LLMBloomberg Tech

ECB calls for review of financial infrastructure due to AI and stablecoins

ECB council member Escrivá warned that central banks must review the resilience of financial infrastructure because of the risks posed by artificial intelligence and stablecoins.

May 17, 2026·2 min
Baillie Gifford investor: AI's main threat is not unemployment, but the loss of expertise
LLMBloomberg Tech

Baillie Gifford investor: AI's main threat is not unemployment, but the loss of expertise

Scottish Mortgage Investment Trust manager Tom Slater believes AI's main threat is the loss of expertise and the capacity to learn, not unemployment. Productivity will mask the skills deficit.

May 17, 2026·3 min
Robot instead of soldier: Hyundai to help South Korea address troop shortages
LLMBloomberg Tech

Robot instead of soldier: Hyundai to help South Korea address troop shortages

South Korea is proposing that Hyundai deploy robots on the front line to offset a chronic shortage of military personnel caused by low birth rates and an aging population.

May 17, 2026·2 min
AI is creating 'insatiable' demand for memory: Alger CEO on the semiconductor boom
LLMBloomberg Tech

AI is creating 'insatiable' demand for memory: Alger CEO on the semiconductor boom

Alger's CEO explained how AI development is creating enormous demand for memory chips and why this is key to understanding technology investments.

May 17, 2026·3 min
Metis TechBio raised $270 million in Hong Kong IPO — AI for drug development
LLMBloomberg Tech

Metis TechBio raised $270 million in Hong Kong IPO — AI for drug development

Hong Kong biotech company Metis TechBio raised HK$2.1 billion in its IPO to develop AI-based drug delivery technologies.

May 17, 2026·2 min