Bloomberg Tech
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Compute Exchange: Carmen Lee builds GPU computing market bigger than oil market
In Bloomberg Odd Lots podcast, CEO of Compute Exchange and Silicon Data Carmen Lee discussed how her company is building a tradeable GPU computing market and GPU index.
Call center operator stocks crashed on fears of AI agent replacement
Stocks of two major public call center operators dropped sharply on concerns that companies are rapidly replacing human support staff with AI agents, reports Bloomberg.
Kalshi deployed AI agent to stress-test prediction market contract terms
Kalshi Inc., a CFTC-regulated prediction markets exchange, created an internal AI agent that stress-tests contract terms for ambiguous and disputed interpretations.
Blackstone president directs capital to AI cancer research
John Gray, president of Blackstone, together with his wife Mindy, is increasing investments in AI cancer research — both through company investments and through personal scientific philanthropy, writes Bloomberg.
Salesforce to acquire AI startup Fin for customer support for $3.6 billion
Salesforce Inc. has agreed to acquire Fin, a developer of AI agents for customer support, for approximately $3.6 billion, strengthening its position in enterprise AI.
Japan Investment Corporation shifts capital to physical AI due to labor shortage
Yuka Hata, senior executive of state fund Japan Investment Corporation, told Bloomberg why demand for capital for physical AI projects in Japan is growing due to labor shortage.
Panasonic Attracts Investor Attention as a Beneficiary of the AI Boom
Japanese conglomerate Panasonic Holdings again came into focus of investors who see it as one of the beneficiaries of the artificial intelligence boom, Bloomberg writes.
Lime Raised $174 Million in IPO of E-Scooter Rental Service With Uber Support
Lime (Neutron Holdings), an e-scooter and bicycle rental service, and its shareholders raised $174 million in a U.S. IPO at a price in the middle of the stated range.
RBC CEO Dave McKay: AI Trains Bank Employees at Incredible Speed
Royal Bank of Canada CEO Dave McKay said at Bloomberg Newsmakers in Toronto that AI accelerates the training and improves the efficiency of bank employees.
Bending Spoons and Investors Raised $1.68 Billion in IPO of Vimeo Owner
Italian Bending Spoons, which acquires software services like Vimeo and Evernote, raised $1.68 billion in a U.S. IPO with the price exceeding the stated range.
U.S. Lifts Export Restrictions on Anthropic's Fable 5 AI Model
U.S. authorities lifted restrictions on foreign access to Anthropic's Fable 5 model after the startup addressed security concerns raised by the Trump administration.
OpenAI Secures $520 Million Credit Line from Bank of America
On July 8, 2026, OpenAI secured a $520 million credit line from Bank of America and was preparing to release a new model the following day.
MNTN CEO Mark Douglas questioned Meta's chances of displacing AWS and Google Cloud
MNTN's head of advertising technology Mark Douglas skeptically assessed Meta's ambitions to enter the cloud infrastructure market against AWS on Bloomberg.
Sonya Yun: chip demand cycles and hyperscaler AI spending cycles are diverging
HP board director Sonya Yun stated on Bloomberg that chip demand cycles and hyperscaler capital expenditure cycles for AI infrastructure are beginning to diverge.
Bloomberg: Anthropic vs OpenAI — investor shift favors Anthropic
OpenAI's shares flood the market, the $122B round isn't as real as it sounds. Anthropic looks more financially attractive.
Anthropic rushes to close Claude Code source code leak
Anthropic is addressing unintended disclosure of Claude Code source code — the AI development platform that became a key monetization vehicle for the company.
SK Hynix flies high on AI boom: successful US listing
SK Hynix, the world's second-largest memory chip manufacturer, celebrates after IPO in the US. AI demand brings investors back to memory.
Chinese AI models are developing, the USA is concerned
The global frontier AI market is evolving: Chinese AI models are rapidly developing, raising concerns in the US about geopolitical consequences.
Positron Startup Raises $750M to Compete with NVIDIA in AI Chip Development
The company is conducting a two-stage funding round with a $5 billion valuation, joining the wave of potential NVIDIA competitors.
CXMT: Chinese Chipmaker Prepares for IPO, Avoiding U.S. Sanctions
Chinese memory manufacturer CXMT (聯芯科技) is developing using primarily domestic supply chains, aiming to compete with Samsung and SK Hynix without dependence on American technology.
Former Fed Chair Bernanke Joins Anthropic's AI Oversight Board
Ben Bernanke, former chair of the U.S. Federal Reserve, has been appointed to Anthropic's advisory board, which oversees the company's compliance with public interests in AI development.
Everything is moving fast: an investor's view of Meta's AI strategy
Portfolio manager Alger discussed on Bloomberg how accelerated AI development will reshape the cloud and Meta's strategy in the technology sector. *Meta is designated an extremist organization and banned in the Russian
Chipmaker Nexchip Raises $890M in Hong Kong IPO
Chinese company Nexchip Semiconductor debuted on the Hong Kong Stock Exchange, raising $890M in its IPO, reflecting investor interest in the semiconductor industry amid the AI boom.
India in the AI Race: Bloomberg on Sovereignty Over Self-Sufficiency
Bloomberg has launched the Emerging podcast, exploring how India is competing in the global AI race against the US and China, and why technological sovereignty means smart interdependence rather than full autarky.
Neolix Advances Autonomous Logistics as Physical AI, Expands to Middle East
Neolix positions autonomous delivery robots as physical AI and expands to the Middle East, viewing automation as an answer to labor shortages and aging populations.
Malaysia's Premier Anwar Ibrahim to Launch AI Digital Double with His Own Voice
Malaysia's Prime Minister Anwar Ibrahim is creating an unprecedented AI digital double with his own voice — a rare move for a head of state aimed at meeting with citizens.
MiniMax Raises $2B for AI Model Development Through Share Offering
Chinese company MiniMax has launched fundraising of $2 billion through new share issuance and convertible bonds, joining the wave of AI investments.
Tencent Considers Buying Controlling Stake in Manus, Leading Agentic AI Company
Tencent is discussing becoming the largest shareholder in Manus, China's pioneer in autonomous AI agents, after Beijing blocked Meta's attempt to acquire the company. *Meta is recognized as an extremist organization and
JPMorgan tests AI agents for portfolio management: outperformed 60/40
JPMorgan is testing AI agents capable of allocating investments autonomously. In simulations, they delivered better results than the classic 60/40 portfolio.
SK Hynix Makes Historic Bet on AI Memory in the US
SK Hynix made a historic move, choosing AI memory as the sole focus for its entry into the US market, abandoning traditional diversification.