Instinct, the startup behind a viral artificial intelligence agent, has raised $1 billion in funding at a $10 billion valuation, a sign of investor demand for a new crop of AI products that carry out everyday tasks for users.
SoftBank Group Corp.’s billionaire founder Masayoshi Son has said he’s “all in” on AI. The conglomerate’s record $11.1 billion junk bond deal last week shows the lengths his executives have been going to help finance that vision.
Akamai Technologies co-founder and CEO Tom Leighton discusses the company’s seven-year, $12 billion AI computing supply agreement with Anthropic and its broader AI strategy with Dani Burger on "Bloomberg Open Interest." (Source: Bloomberg)
Elon Musk's SpaceX launched its massive Starship rocket Monday morning on its first orbital flight test. This rocket is carrying 26 satellites that are to be deployed into orbit. This is the launch from the Starbase facility in South Texas. (Source: Bloomberg)
Gold Fields Ltd. believes shareholders of Northern Star Resources Ltd. may put pressure on Australia’s biggest gold miner to discuss the South African firm’s rebuffed takeover approach.
Bose Corp. introduced a $99 wired pair of noise-canceling earbuds, offering a rare feature at a time when corded earphones have seen a resurgence among younger shoppers.
Meta Platforms Inc. tapped MongoDB Inc.’s president and chief executive officer to lead a new AI platform for enterprise customers that Meta CEO Mark Zuckerberg called “the next major pillar of our business.”
Private equity-backed cyber defense technology firm RedLattice said it’s going public via a merger with blank-check company Bold Eagle Acquisition Corp.
F2 AI Inc., an artificial intelligence developer specializing in credit, is receiving a $5 million investment from private credit manager Golub Capital LLC, the latest example of a financial institution investing directly in a technology that is reshaping finance.
Nvidia Corp., the chip developer at the heart of the artificial intelligence boom, increased the size of its share buyback plan by a record $150 billion, reflecting Chief Executive Officer Jensen Huang’s confidence in its continued growth.
Private equity-backed cyber defense technology firm RedLattice is going public via a merger with blank-check company Bold Eagle Acquisition Corp., according to people familiar with the matter.
A selloff in Treasuries resumed Monday as oil rallied after President Trump rejected Iran’s latest proposal to reopen the Strait of Hormuz. Monday’s selloff in Treasuries comes after yields across tenors surged to multiyear highs last week amid hawkish comments from Federal Reserve officials.
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie. (Source: Bloomberg)
Nvidia is rolling out two open-source software security tools designed to control what AI agents can access in real time and shut them down when they break the rules. The company says this would’ve prevented the recent high-profile breach of Hugging Face by OpenAI’s artificial intelligence models. Neil Campling reports on Bloomberg Television. (Source: Bloomberg)
Neither OpenAI Chief Executive Officer Sam Altman nor Anthropic CEO Dario Amodei will appear before an Australian Senate inquiry after the recent revelation of an AI hack of a government website, the company said.
Nvidia Corp. introduced a new double-layered artificial intelligence security system that it says would have prevented the recent high-profile breach of Hugging Face by OpenAI’s AI models.
China has expanded overseas travel restrictions for top AI professionals in private firms to include the families of key personnel, further tightening measures designed to prevent the outflow of critical know-how and information to the US.
Bill McBride did not just predict the 2008 housing bubble, he helped invent financial blogging with his Calculated Risk newsletter. Zach Lasry, meanwhile, is much newer to the scene, but in his career as a real estate developer, he is already responsible for building one of LA's hottest new neighborhoods — Melrose Hill. We spoke to both of them at our live show at the Vermont Hollywood, for a wide-ranging panel discussion on LA real estate. We talk about the difficulty of sourcing construction components, the Kafkaesque process of getting a crosswalk built in LA, and how self-driving cars might help reshape the city and solve its longstanding issues with parking. (Source: Bloomberg)
