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CNBC
Bill to ease Big Tech project permits advances in House
Backers say the SPEED Act is crucial to helping the U.S. beat out China and other global competitors for leadership in AI.
Reuters
China AI chip firm Biren to launch Hong Kong IPO in coming weeks, sources say | Reuters
One of the sources confirmed the number to Reuters. The Reuters Daily Briefing newsletter provides all the news you need to start your day. Sign up...
The Verge
Google wants its AI assistant CC to replace your morning scroll | The Verge
Google's AI agent CC is similar to OpenAI's ChatGPT Pulse ... More in News.
Reuters
Business leaders agree AI is the future. They just wish it worked right now. | Reuters
Get a daily digest of breaking business news straight to your inbox with the Reuters Business newsletter. Sign up here. Since ChatGPT exploded three...
Bloomberg
OpenAI’s ChatGPT Updated to Make Images Better and Faster
OpenAI is rolling out an update to ChatGPT that’s intended to generate images better and faster, the latest move by the artificial intelligence developer to bolster its flagship chatbot amid heated competition from Alphabet Inc.’s Google. The new version of ChatGPT Images, announced on Thursday, is designed to make and edit images more precisely, as well as to spit out pictures as much as four times faster than its previous AI image-generation model. The company is also creating a new section w
Bloomberg
DoorDash Tests AI Social App to Help Users Find Restaurants
DoorDash Inc. is experimenting with a standalone artificial intelligence-powered app for users to find new restaurants, expanding its reach beyond its flagship food-delivery service.
Axios
AI experiments lead to errors and backlash in news, brands and media - Axios
Why it matters: While most content companies understand they need to adopt AI to stay competitive, the risk from sloppy integrations has proven...
CNBC
AI future: Big Tech faces key House vote on reforming permit process
Backers say the SPEED Act is crucial to helping the U.S. beat out China and other global competitors for leadership in AI.
CNBC
Databricks raises capital at $134 billion valuation in latest funding round
Companies such as Databricks, SpaceX and OpenAI have reached mega valuations while staying private for longer.
Bloomberg
Perplexity AI Revamps iPad App to Deepen Focus on Research Tools
Perplexity AI Inc. is relaunching its iPad app with features that include improved multitasking and an emphasis on research tools, part of a larger effort by the artificial intelligence search startup to court business customers.
Bloomberg
Mozilla Elevates Firefox Boss to CEO as Company Adapts to AI Era
Mozilla Corp. elevated the head of its Firefox web browser to chief executive officer of the company, which is trying to position itself as an independent, privacy-focused alternative to Big Tech options.
Bloomberg
AI Slump Dims Emerging Market Stocks Amid Wait for US Jobs Report
Emerging-market currencies were jolted Tuesday by the latest US job report that showed the labor market remains weak, with the Mexican peso and the South African rand — two bellwethers of risk appetite — briefly spiking higher.
The Hill
DeSantis: Florida has 'right' to regulate AI rules despite Trump's order
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Bloomberg
Larry Ellison Calls the Shots in Oracle’s AI Bet
Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Brody Ford and Drake Bennett report on Larry Ellison’s bet to return Oracle to the forefront of the tech world.
CNBC
Robotaxis in 2025: Waymo plots global expansion as Zoox, Tesla roll to the starting line
Robotaxis grew rapidly in 2025 with Waymo expanding fastest, Zoox debuting public rides and Tesla launching autonomous rides with human supervision.
Bloomberg
Morgan Stanley Climbs Debt Rankings as Go-To Bank for AI Bonanza
As anxiety over an artificial-intelligence bubble reached a fever pitch in recent months, no Wall Street bank helped the industry power past the noise like Morgan Stanley.
CNBC
Startup backed by Altman, JPMorgan announces capital lending partnership with Amazon
Slope, an AI lending platform backed by JPMorgan Chase, told CNBC exclusively that it is launching a partnership with Amazon's independent sellers.
Bloomberg
Nuclear Startup Last Raises $100 Million to Build Small Reactor
Last Energy Inc., a nuclear startup, raised $100 million from investors led by Astera Institute to commercialize a small reactor it’s developing as soaring demand for power to run artificial intelligence stokes interest in the industry.
Reuters
Bridgewater warns Big Tech's reliance on external capital to fund AI boom is 'dangerous'
... Artificial Intelligence AI" in this illustration taken, February 19, 2024. ... Get a daily digest of breaking business news straight to your inbox with...
CNBC
U.S. halts UK tech trade deal negotiations, FT reports
The 'technology prosperity deal' is aimed at increasing collaboration between the countries on tech like AI, nuclear fusion and quantum
Bloomberg
OECD Boss Predicts AI Investment Will Keep Rising, Boost Growth
The surge in artificial intelligence investment that has buoyed world growth is set to continue and deliver longer-term gains, OECD Secretary General Mathias Cormann said.
“We do expect that the level of investment in relation to AI will continue to increase for some time,” Cormann said in an interview with Bloomberg Television. “Over the medium-to-long term we do expect a significant beneficial impact when it comes to productivity growth from the accelerating diffusion and adoption of AI across the economy.” (Source: Bloomberg)
Bloomberg
'Micro Is Now Macro,' BlackRock's Li Says
BlackRock Chief Investment Strategist Wei Li discusses what to expect from today's US jobs data. "The big picture when it comes to the job market in the US is still slowing demand, slowing supply, no firing, no hiring," she tells Bloomberg's Francine Lacqua. Li also says that BlackRock's view heading into next year is "a continuation of this year." She adds: "AI trumps macro to the extent that a lot of the characteristics shaping the economy is very much driven by AI spend." (Source: Bloomberg)
CNBC
The AI-fueled chip shortage could raise smartphone prices — new research spells out by how much
The average selling price of smartphones in 2026 is expected to rise 6.9%, Counterpoint Research said.
TechCrunch
Nvidia bulks up open source offerings with an acquisition and new open AI models
Auble is the current CEO of SchedMD. Terms of the deal weren't disclosed. Nvidia declined to comment on the news beyond the company's blog post.
Reuters
Nvidia buys AI software provider SchedMD to expand open-source AI push | Reuters
Nvidia shares were up 1.35% after the news and an earlier announcement of new open-source AI models. SchedMD provides software that helps schedule...
CNBC
Trump launches AI Tech Force to build AI, financial projects - CNBC
Trump admin to hire 1,000 specialists for 'Tech Force' to build AI, finance projects ... Got a confidential news tip? We want to hear from you. Get In...
CNBC
CNBC Daily Open: AI infrastructure stocks are taking a beating
The ready availability of clients means companies that provide the compute just need to make sure their finances are in order.
NPR
Teachers are using software to see if students used AI. What happens when it's wrong?
School districts from Utah to Ohio to Alabama are spending thousands of dollars on these tools, despite research showing the technology is far from reliable.
NPR
Live cameras are tracking faces in New Orleans. Who should control them?
A private non-profit operates over 200 cameras with live facial recognition in New Orleans. The system raises questions about privacy, legal authority and who should control surveillance technology.
CNBC
CNBC Daily Open: Debt worries continue to weigh on AI-related stocks
The ready availability of clients means companies that provide the compute just need to make sure their finances are in order.