Bloomberg Tech
AI news source. Articles are auto-selected and adapted by Hamidun News editors.
Latest publications
Meta releases Muse Wonder and claims a big leap over its predecessors
Meta Platforms unveiled the Muse Wonder AI model and calls it a major step forward. There are no numbers yet: no benchmarks, no size, no price. Here is what we know and what to check.
Meta, Amazon, Microsoft and Alphabet to Spend $750 Billion on Capex — More Than Ireland's GDP
Four tech giants will spend about $750 billion on capex this year: more than Belgium's GDP and more than half of the annual capex of the entire S&P 500.
Meta Shares Jump on New Muse Wonder Model as Market Waits for Numbers
Bloomberg: Meta shares rose in trading on October 12, 2026, after the release of Muse Wonder. The size of the gain and the model's specs are undisclosed. Here is what we know.
Tesla Brings Cybercab to Europe: Robotaxi Debuts in Paris
Tesla will show its Cybercab robotaxi in Europe for the first time at the Paris Motor Show. Musk is trying to expand beyond the US, but the barriers are many.
Meta releases Muse Wonder: shares rise, but the numbers are still under wraps
Meta Platforms has unveiled Muse Wonder, its long-awaited model, positioned as a rival to ChatGPT and Claude. Meta's stock rose, but benchmarks have not been disclosed.
Bloomberg Sees Echoes of the 2008 Crisis in the AI Boom's Circular Deals
Nvidia, OpenAI, AMD and Oracle are investing in each other to the tune of hundreds of billions of dollars. Bloomberg explains why the loop resembles 2008 and widens global imbalances.
Barclays: Autonomous Systems Are Reshaping Defense, and Newcomers Will Take Market Share Within a Decade
Barclays analyst Anthony Valentini says defense is at an inflection point: low-cost autonomous systems and commercial business models will win newcomers market share over the next 10 years.
Neostellar: Focus on Anthropic IPO Overshadows $200 Billion in AI Venture Funding
Neostellar principal Willie Lee warns that hype around a possible Anthropic IPO obscures the scale of AI investment: nearly $200 billion in US venture capital in six months.
Microsoft unveils new Maia chips, and Musk wants to test up to 10 designs a year
Microsoft unveiled new Maia chips to rely less on outside suppliers, while Elon Musk wants to test up to ten new chip designs a year.
Fidelity: A 30% Compression in Tech Multiples Already Prices In Fears of an AI Slowdown
Fidelity strategist Denise Chisholm says tech multiples have fallen about 30% while earnings keep rising, and the market has already priced in fears of an AI spending slowdown.
Investors Want OpenAI and Anthropic IPOs to Deliver Transparent Numbers on AI Economics
Investors want proof that massive AI spending pays off. David Fetherstonhaugh says OpenAI and Anthropic IPOs would open up the part of the market that remains closed.
Cisco and Nvidia are building optical networking for data centers where hundreds of thousands of GPUs work as one
Cisco and Nvidia are developing next-generation optical networking for AI data centers, aiming to link hundreds of thousands of GPUs while cutting power use and the cost of compute.
Apple to reveal its smart home strategy, with a Mac and iPad event in late October
Bloomberg reports Apple is ready to unveil a smart home strategy and close the biggest gap in its ecosystem. A Mac and iPad event is expected closer to the end of October.
Bumble in talks to go private in a deal worth about $1 billion
Bumble shares jumped after a WSJ report that the dating app owner is close to a take-private deal valuing it at about $1 billion, several times below its 2021 IPO level.
OpenAI Expands Its Dublin Headquarters: New Jobs at the EU Office
OpenAI has announced new jobs in Dublin. The number of roles is undisclosed, but the Irish office increasingly serves as the company's EU hub amid the AI Act and GDPR.
MIRI's Nate Soares Discusses an OpenAI Model Hacking Hugging Face on Odd Lots
MIRI president Nate Soares told Bloomberg's Odd Lots podcast how an OpenAI model allegedly hacked Hugging Face, and why he considers human extinction inevitable.
Larry McDonald: AI Mark-Ups Distort the Real Earnings of S&P 500 Companies
Stocks hold near records ahead of earnings season and inflation data. Larry McDonald says AI mark-ups inflate the profitability picture of the S&P 500.
IonQ to Buy Cybersecurity Firm Elisity for Up to $1.3 Billion Ahead of Q-Day
Quantum leader IonQ is acquiring network security developer Elisity in a deal worth up to $1.3 billion. IonQ's chief calls it a shield against Q-Day.
Google replaces Fitbit Charge 6 with $180 Edge band built around Google Health
Google has launched the $180 Fitbit Edge tracker. It replaces the Charge 6 and doubles as a showcase for the redesigned Google Health app, Bloomberg reports.
SoftBank-Backed Payments Firm OPay Prepares $500 Million IPO in New York
Fintech OPay, backed by SoftBank, plans to raise about $500 million through a private placement and an IPO in New York, according to Bloomberg's sources.
Cyberattacks Knock Out Refrigeration Systems at Hundreds of Supermarkets in France
Hackers hit hundreds of French stores overnight into Monday: refrigeration shut down and spoiled food had to be thrown out. Details of the attack have not been disclosed.
Yandex Loses Some Services as Drone Strikes on Data Centers Disrupt Taxi, Maps and Payments
After Ukrainian drone attacks on several Yandex data centers in Russia, taxi, navigation and payment services are failing. The company is exposed where its entire ecosystem physically sits.
Broadcom CEO Hock Tan Compares AI Investing to Gambling
Hock Tan says many AI investors don't understand what they are funding and expect too much. A Bloomberg Intelligence analyst sees a risk in the financing markets.
Beijing Police Open Criminal Investigation Into CreditEase Companies
Beijing police are investigating entities tied to CreditEase, a prominent Chinese wealth manager, over suspected illegal financial activity.
TikTok CEO and Microsoft Executive Warn AI Is Overhyped, Cyber Threats Pose Bigger Risk
TikTok's Shou Chew and Microsoft's Judson Althoff say the world overestimates AI's maturity, and the nearest threat is cybersecurity, not the pace of the technology's development.
IIF chief: developed-world government debt will keep rising because of AI infrastructure
Tim Adams of the Institute of International Finance expects debt in developed economies to keep climbing as governments borrow heavily and businesses invest in AI infrastructure.
Mirae Asset CEO: India Is Becoming a Hedge for Investors Outside AI Bets
Mirae Asset's Swarup Mohanty tells Bloomberg that India is turning into a "non-AI" hedge for global portfolios, and that rising AI-productivity investment could add to its appeal.
IMF chief warns of a "slow-moving tsunami" from AI for labor markets and tax revenue
Kristalina Georgieva urged governments to overhaul education and taxes now: the IMF estimates AI will affect about 40% of jobs worldwide and up to 60% in wealthy countries.
Firmus Grid's Failed IPO Makes Asian Investors Pickier About AI Infrastructure
Firmus Grid's IPO collapsed, and the shockwaves are spreading across Asia's listings market: investors want proof of future profit from AI infrastructure companies, not promises.
Tencent Is Raising About $5 Billion in Bonds, Mainly for AI Infrastructure
Tencent told debt investors it will direct proceeds from a $5 billion bond sale mainly to AI capital spending, as the company raises its bet on the sector.