Bloomberg Tech
AI news source. Articles are auto-selected and adapted by Hamidun News editors.
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Cerebras raised $5.55 billion in the year's biggest IPO
AI chipmaker Cerebras raised $5.55 billion in its IPO, making it the largest public offering of the year — shares opened 89% above the listing price.
Cisco raises revenue forecast and announces layoffs to focus on AI
Cisco beat revenue forecasts by $1 billion, announced layoffs, and confirmed a successful pivot to the AI market — shares hit a 14-year high.
Apple and OpenAI alliance is cracking — legal proceedings are being prepared
The two-year partnership between Apple and OpenAI has reached the brink: the startup is disappointed with the results and is preparing a lawsuit.
Apple and OpenAI prepare for court — alliance is fraying
The two-year partnership between Apple and OpenAI is becoming strained. The AI startup is preparing a lawsuit after failing to secure the expected benefits from the deal.
Cerebras Systems rose 81% in IPO — biggest AI chipmaker debut of 2026
Neural-network accelerator maker Cerebras Systems listed on Nasdaq and rose 81% on its first trading day, raising a sector-record $5.55 billion.
Oura has long used AI to predict health, CEO says
In an interview with Bloomberg, Oura CEO Tom Hale explained how the company uses AI to predict users' health in short- and long-term forecasts and to engage the scientific community.
Venture investors made billions from AI chipmaker Cerebras's IPO
Venture investors that backed chipmaker Cerebras early made multibillion-dollar returns from the company's IPO — Benchmark posted a 12x return on its investment.
Data center demand drove U.S. electricity prices up 76%
Electricity prices on the largest U.S. grid rose 76% due to surging demand from data centers for AI, requiring urgent measures from grid operators.
Cerebras founder Feldman made $3.2 billion from AI-chip IPO
Cerebras completed the year's biggest tech IPO. CEO Andrew Feldman's net worth reached $3.2 billion, surpassing all his previous achievements.
Cerebras rose 68% on the debut day of 2026's largest IPO
Chipmaker Cerebras Systems raised a record $5.5 billion on the stock market, making it the year's largest IPO, while its shares jumped 68% on the first trading day.
Figma beat revenue expectations and monetized AI features
Figma issued a revenue forecast above analysts' expectations, reporting strong performance from paid AI features. Users pay separately for access to AI-based tools.
Musk's xAI unveiled Grok Build, its first AI coder to compete with Claude
xAI has launched Grok Build, an AI agent for writing code, aiming to compete with Anthropic's Claude in the developer tools segment.
Applied Materials to increase sales amid demand for AI chips
Applied Materials, the largest U.S. supplier of semiconductor equipment, issued a sales and profit forecast above analysts' expectations, driven by demand for AI chips.
Cerebras IPO: the year's main event in the AI infrastructure market
Cerebras Systems, a developer of specialized AI chips, carried out the year's largest IPO, strengthening its position in the race for leadership in the AI infrastructure market.
Andy Jassy rewrites Amazon's AI-era strategy
Amazon CEO Andy Jassy announced a large-scale AI investment strategy as the company faces competition from Google and Microsoft in cloud services.
Mass layoffs begin in professions vulnerable to AI in the US
For the second year in a row, professions vulnerable to AI are losing jobs in the US: customer service, secretarial work, and sales have become the hardest-hit segments.
Figure demonstrated true autonomy: CEO denies allegations of robot teleoperation
Figure held a livestream in which a humanoid robot sorted parcels on its own. CEO Brett Adcock denies allegations of teleoperation, saying the robot was fully autonomous and powered by AI.
Stripe learns to sell through AI agents: how it is changing retail
Stripe's John Collison explains how AI agents are rewriting the rules of e-commerce and what retailers need to change.
Collison (Stripe) on the e-commerce revolution: AI agents will shop instead of people
Stripe's John Collison explained how AI agents buying goods instead of people will completely reshape e-commerce and force brands to appeal to machines rather than people.
AI leaders under questioning: Hassabis on the conflict between science and capital
Sebastian Mallaby explores how motives—from scientific curiosity to commercial ambition—shape the future of AI and whether governments are ready for more powerful systems.
CEO survey: AI may protect older workers from layoffs
A new survey of executives shows that as AI is adopted, older employees may come out ahead. Their experience is becoming a competitive advantage.
Atlassian to cut 1,600 employees amid shift to AI and enterprise sales
The developer of Jira and Confluence will lay off 10% of its workforce to free up funds for AI, enterprise sales, and a faster overhaul of its business for the new software market.
Como 1907 bets on AI and €1,000 tickets, turning football into a luxury experience
Italian club Como 1907 uses advanced AI analytics and €1,000 premium tickets to grow in Serie A while selling matches as a luxury tourist experience.
EU launches antitrust probe into the full AI technology chain of the largest corporations
The European Commission is examining how Amazon, Google and Microsoft simultaneously control data, compute and applications — and whether this creates barriers for competitors.
Voya curbs investment in data center loans over doubts about AI demand
Voya's investment arm believes booming demand for AI data centers could plateau before tech companies repay their multibillion-dollar debts.
Sunday valued at $1.15 billion after $165 million round for home robot Memo
Startup Sunday raised $165 million at a $1.15 billion valuation to move its home robot Memo from flashy demos into real homes and automate household routines.
Meta is preparing four generations of MTIA chips to reduce its dependence on Nvidia and AMD
Meta is preparing four generations of MTIA chips by the end of 2027 while also buying from Nvidia and AMD to lower the cost of AI inference and gain better control over its computing infrastructure.
Deel: Joe Kauffman explains how AI and labor market shifts are accelerating business growth
Deel President and CFO Joe Kauffman said labor market changes driven by AI are already helping the company grow, while demand is shifting toward flexible global hiring.
Google Maps is preparing Ask Maps — chat search and its biggest update in years
Google Maps is preparing the Ask Maps feature, which turns place search into a dialogue: instead of keywords, users will be able to describe what they need in natural language and get more accurate recommendations.
Adobe to replace CEO amid investor doubts over its AI strategy
Shantanu Narayen will step down as Adobe CEO after years at the helm — investors doubt the company’s ability to remain competitive in the era of generative AI.