Daily archive
20 stories from 7 outlets. Times show when each story first broke, in UTC.
Meta's new Muse AI agent has topped Apple's App Store, reigniting the AI trade and lifting chipmaker stocks. Bloomberg reports the move signals renewed investor enthusiasm for AI-driven growth.
#Wired offers practical advice on protecting personal information when using AI chatbots, which are vulnerable to surveillance.
#Mike Bell of RBC BlueBay Asset Management says the equity risk premium is very compressed, and any rise in bond yields could pressure equity valuations, including the AI trade.
#SoftBank Group has attracted more than $20 billion in preliminary demand for what could be one of the largest junk bond deals ever, with record yields expected to help fund its investments in OpenAI.
#Apple is opening a new live music venue called Apple Music Hall beneath its European headquarters in London's Battersea Power Station. The 600-capacity space will host performances, recording sessions, and video broadcasts.
#Anwiti Bahuguna, global co-chief investment officer at Northern Trust Asset Management, tells Bloomberg Television that US stocks are undervalued based on earnings, advising investors to buy more stocks in this environment.
#A Chinese tech founder sold HK$863 million ($110 million) of company shares to settle tax obligations, according to people familiar with the matter. The move is the latest response to a government crackdown targeting billions in offshore wealth.
#South Korean semiconductor and equipment stocks rose Tuesday, following US peers, as early signs of success for Meta's new AI agent boosted investor sentiment.
Also covered by Bloomberg Technology
#Chinese and US officials concluded a second day of talks in New York, discussing artificial intelligence, investment, and trade ahead of President Xi Jinping's visit to the US this week.
Also covered by Bloomberg Technology
#Australia's Treasury Intergenerational Report projects AI will help achieve a 1.2% annual labor productivity target over the next 40 years, with $150 billion potentially spent on data centres by 2030. The report highlights AI as a key driver of long-term economic growth.
#Wayne Dai, CEO of chip-design firm VeriSilicon, discusses the company's business and growth strategy as it seeks to expand into more global markets. He spoke on the sidelines of CITIC Securities' International Investors' Forum.
#One of Australia's largest states has banned data center construction in residential zones and required new centers to bring their own renewable energy supply, as part of rules to address community opposition to the industry's expansion.
#Armenia, once a Soviet electronics hub, is emerging as a top destination for American AI infrastructure, driven by Nvidia chip investments and political support from Donald Trump. The country is on track to become a major AI data center hub.
#Alibaba has introduced what it claims is China's most powerful AI chip, designed to compete with Nvidia and support a massive expansion of data center capacity to 20 gigawatts by 2032. The announcement sent Alibaba shares higher as the company positions itself in the AI hardware race.
#Tencent launched its latest and best image-generation model on the same day as Alibaba's AI conference, signaling intent to catch up to industry leaders like ByteDance. The move intensifies competition in China's AI sector.
#Alibaba Group has unveiled what it calls China's most powerful AI chip, an accelerator designed to compete with Nvidia. The chip will underpin a massive expansion of data center capacity, targeting 20 gigawatts by 2032.
#Verda, a cloud startup focused on AI infrastructure, has raised $189 million in a new funding round. The investment highlights continued strong investor interest in the infrastructure supporting the AI boom.
#Deeptech company Morphotonics has raised €40M from investors including 3M Ventures, Innovation Industries, BOM, and Invest-NL. The funding will be used to expand its display technology into data center applications.
#The Love Hypothesis on Prime Video is mostly mediocre despite a hot hotel room scene, but the movie proves that the best romance can be found in friendships. The review criticizes the film's reliance on classic rom-com tropes.
Also covered by TechRadar, IGN
#Geoff Raby, former Australian ambassador to China, discusses expectations for the upcoming Trump-Xi summit, focusing on trade and AI topics. He spoke on Bloomberg: The Asia Trade.
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