Alphabet Inc. raised almost $4 billion-equivalent of funds in Asia through inaugural Hong Kong- and Singapore-dollar bond sales, testing investor appetite at a time of increasing volatility for companies focused on artificial intelligence.
ANZ Group Holdings Ltd. Chief Executive Officer Nuno Matos has called for global regulation to manage the impact of artificial intelligence on the labor market, which he warned could trigger an international crisis.
Chris Weston, head of research at Pepperstone Group, said he doesn’t expect changes to Nvidia’s leadership to impact the outlook for the company. A new CEO will probably come with a deep knowledge of its business and will probably not change the rollout of products and direction of AI, he said. He spoke to Haidi Stroud-Watts on Asia Trade. (Source: Bloomberg)
Nvidia's board has been working with an outside firm to identify potential replacements for Chief Executive Officer Jensen Huang following reports of multiple extramarital affairs, including one with a woman who is reportedly suspected of spying for China. (Source: Bloomberg)
Nvidia Corp.’s board has been working with an outside firm to identify potential replacements for Chief Executive Officer Jensen Huang following reports of multiple extramarital affairs, including one with a woman who is reportedly suspected of spying for China, a person familiar with the situation said.
Nvidia Corp.’s board is meeting to discuss the fate of Chief Executive Officer Jensen Huang, who admitted to having an affair with a woman that US officials reportedly believe to be a Chinese spy, according to a person with knowledge of the matter.
Gary Marcus argues that investors should avoid Anthropic’s IPO because its financial outlook depends on rapid, sustained growth. He speaks with Romaine Bostick and Vonnie Quinn on The Close. (Source: Bloomberg)
Chinese robotics platform Amicro Technology Co.’s shares surged in their Hong Kong debut after the company raised HK$709.7 million ($90 million) in an initial public offering, in a test of investor appetite for the technology stocks ahead of Anthropic PBC’s blockbuster US listing.
AI agents are moving into health care, taking on tasks from finding an in-network doctor to booking appointments around a patient's schedule. Zocdoc CEO Oliver Kharraz says traffic to the platform from AI agents has grown nearly 30-fold since July and has been doubling roughly every 10 days since early September. He joins Bloomberg Businessweek Daily to discuss how the company is openings its doors to AI while keeping patient privacy intact. (Source: Bloomberg)
CoreWeave Inc. is in talks with banks to raise at least $4 billion through an investment-grade loan to help the junk-rated company borrow more cheaply to finance its artificial intelligence chip capacity.
Nvidia CEO Jensen Huang had a relationship with Kimberly Powell, Nvidia’s vice president of health care, according to the New York Times. Michael Shepard has more on "Balance of Power: Evening Edition." (Source: Bloomberg)
Nvidia Corp.’s board is preparing to oust Chief Executive Officer Jensen Huang after multiple extramarital affairs, including one with a woman who is reportedly suspected of being a Chinese spy, the Wall Street Journal said Wednesday.
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Vonnie Quinn, Carol Massar and Tim Stenovec. (Source: Bloomberg)
In late September, OpenAI entered discussions for its latest funding round with confidence. After having early discussions with prospective backers who had expressed interest, the company presented its terms: at least $30 billion in new capital at a $1.4 trillion valuation.Few startups have been as successful at fundraising as OpenAI, which was last valued at $852 billion. This time, however, some investors felt the terms were too lofty, according to people familiar with the matter, who spoke on
Microsoft Corp. aims to find ways to power its data centers without relying on government subsidies or driving up costs for other electricity consumers.
Bloomberg's Mike Shepard said that actions taken by the Trump administration and by Nvidia CEO Jensen Huang are coming under sharper scrutiny by Congress amid investigations into the affair Huang had with a women alleged to be a Chinese spy. Trump had denied that he knew anything about the national security risks posed by Huang's affair, but recent New York Times reporting reveals that Trump had been briefed about the risk before his trip to China earlier this year. (Source: Bloomberg)
Carlyle Group co-Chairman and Bloomberg Host David Rubenstein talks about the anticipated initial public offering of Anthropic and the scandal involving Nvidia CEO Jensen Huang. He expects the Anthropic valuation to reach $1.3 trillion and he thinks Huang will stay on as leader of Nvidia. Rubenstein also talks about the upcoming release of Grand Theft Auto VI. (Source: Bloomberg)
Alan Waxman, CEO and co-founder of Sixth Street, joins Dani Burger on “Bloomberg Deals.” They discuss dislocations he is seeing in the AI market. (Source: Bloomberg)
Oura agreed to acquire AI and on-demand doctor service Counsel Health for $625 million, expanding its business following a scrapped attempt to go public. Scarlet Fu and Dani Burger discuss the acquisition on this week’s edition of “Bloomberg Deals.”
(Source: Bloomberg)
