Meta releases Muse Wonder AI models, claims parity with OpenAI and Anthropic
Meta's Superintelligence Labs pushed out two new models as it tries to close the gap with leading AI labs, lifting its stock.
Bloomberg · +14 outlets
Amazon in talks to buy AI startup Decart for around $7 billion
The reported deal would be among Amazon's largest AI acquisitions as it races to build out generative and real-time AI capabilities.
WSJ · +14 outlets
Tencent markets $5 billion bond sale to fund AI investment
The dollar and offshore yuan offering underscores how heavily Chinese tech majors are borrowing to finance AI infrastructure.
Bloomberg · +14 outlets
IMF sees AI-driven global growth pickup in 2027 while warning risks are building
The fund said AI investment should lift output next year but flagged an energy squeeze and financial vulnerabilities as limits to resilience.
Bloomberg · +8 outlets
IonQ to acquire cybersecurity firm for up to $1.3 billion
The quantum computing company is expanding into security through a deal that broadens its enterprise offering.
WSJ · +14 outlets
Tech giants on track to out-issue the US government in long-term debt by 2027, Sunak says
The former UK prime minister pointed to the scale of capital demand generated by AI investment as a structural shift in global credit markets.
Bloomberg · +14 outlets
Bloomberg Big Take warns AI's circular money loop echoes 2008 imbalances
The analysis argues that intertwined AI investments are amplifying global financial imbalances even as they fuel the boom.
Bloomberg
CXMT claims memory chip breakthrough ahead of Samsung and SK Hynix
The unsubstantiated claim jolted semiconductor stocks and highlights China's push into a critical chip segment.
Bloomberg · +13 outlets
Asia tech and chipmaker stocks slide as AI trade wobbles
Weakness spread from US to Asian technology shares as investors reassessed crowded AI positioning.
Bloomberg · +13 outlets
Applied Materials says AI will let it double sales without doubling headcount
The chip equipment maker expects AI tools in development and quality control to drive revenue growth with limited hiring.
Bloomberg · +5 outlets
Anthropic seeking data center investment in Australia, envoy says
The AI developer is scaling its global compute build-out and expanding capacity in the country.
Bloomberg · +2 outlets
Sprints closes fifth fund at €725 million
The European venture firm, an early backer of Revolut and Vinted, raised fresh capital as AI-era startup funding stays competitive.
Bloomberg · +2 outlets
France's debt strain raises contagion concerns
Bloomberg examined whether fiscal deterioration in France could spill over into broader European markets.
Bloomberg.com · +7 outlets
Tata chairman defends long-horizon bets including semiconductors despite investor pressure
Natarajan Chandrasekaran said the group will keep building what India and the world need even as some owners push for faster returns.
Bloomberg
India food regulator to tighten rules for quick-commerce platforms
The crackdown targets Blinkit, Swiggy Instamart and Amazon Now in India's roughly $80 billion online food market.
Bloomberg · +14 outlets
Elon Musk has donated over $276 million to Republican midterm efforts
The reported total makes him the party's largest known donor this cycle, with $158 million going to one group.
The Verge · +14 outlets
Virtually unknown donors are powering the rise of a new left in US politics
A WSJ report profiles the quiet small-dollar coalition funding candidates challenging establishment Democrats.
WSJ · +1 outlets
The Social Reckoning flops at the box office with $5.5 million opening
Aaron Sorkin's follow-up to The Social Network is underperforming, adding to doubts about tech-themed films' commercial appeal.
The Verge