Bloomberg Technology

Bloomberg Technology

Google and Blackstone are forming a $25 billion AI cloud venture to deploy Google's TPUs, while Meta and banks restructure workforces around AI adoption and Elon Musk loses his legal challenge against OpenAI on procedural grounds. The developments signal a shift toward alternative chip architectures, usage-based data economies, and early-stage labor displacement as the industry navigates supply constraints.

Bloomberg Technology

Nvidia's upcoming earnings this week will be crucial for market sentiment as AI infrastructure demand drives massive consolidation, with the largest power deal in history ($67B) and new compute futures markets emerging to meet unprecedented energy and computing needs.

Bloomberg Technology

Trump's Beijing meeting with Xi Jinping focused on semiconductor trade, particularly Nvidia's H200 chips, while tensions around Taiwan remain the biggest sticking point in US-China relations.

Bloomberg Technology

Cerebras goes public in 2026's biggest IPO, raising $5.5 billion with shares jumping from $185 to $350+, while President Trump meets with Xi Jinping in Beijing accompanied by tech CEOs including Jensen Huang, Elon Musk, and Tim Cook.

Bloomberg Technology

Anthropic is seeking over $30 billion in funding at a $900+ billion valuation, while geopolitical tensions drive AI chip markets as Trump meets Xi Jinping with tech CEOs including Jensen Huang.

Bloomberg Technology

A South Korean policymaker's Facebook post about creating an AI dividend for citizens sparked massive market volatility, while CME prepares to launch the world's first computing power futures market, signaling AI's evolution into a tradeable commodity.

Bloomberg Technology

AI chipmaker Cerebras is upsizing its IPO to raise $4.8 billion (30% more than originally planned) due to massive oversubscription, while broader tech markets continue their six-week winning streak driven by AI infrastructure demand and strong earnings growth.

Bloomberg Technology

CoreWeave defended its growth trajectory amid investor skepticism over compressed margins, while AI automation drives the worst job market for Gen Z in 37 years and retail investors fuel a 6,000% surge in AST SpaceMobile shares.

Bloomberg Technology

Arm Holdings reports that booming AI data center demand is offsetting smartphone market weakness, while the tech sector faces a three-year high in layoffs as companies cut jobs to fund AI infrastructure investments. Strategic alliances like Anthropic accessing SpaceX compute highlight the scramble for processing capacity, and IonQ advances toward fault-tolerant quantum computing.

Bloomberg Technology

AMD shares surged 15% on a blockbuster AI forecast with data center CPU growth hitting 70%, while Nvidia secured optical fiber supply chains via a $500M strategic investment; meanwhile, Uber and Disney beat earnings expectations through diversification, though Microsoft's climate goals face pressure from surging AI energy demands.

Bloomberg Technology

Apple is exploring U.S.-based chip manufacturing with Intel and Samsung to reduce reliance on TSMC amid geopolitical tensions, while major AI firms expand government oversight agreements and Pinterest demonstrates success with specialized, cost-efficient AI models.

Bloomberg Technology

GameStop stunned markets with a $56 billion bid for eBay, backed by TD Bank financing, while AI infrastructure dominates capital flows with Cerebras targeting a $3.5 billion IPO and OpenAI raising $4 billion to accelerate enterprise adoption through joint ventures.