Bloomberg Technology

Nordic Data Center Group ASP Is Said to Weigh Oslo Stock Listing

AI infrastructure developer ASP Data Center AS is considering an initial public offering in Oslo that could raise the equivalent of about $100 million, according to people familiar with the matter.

Paramount Completes Acquisition of Warner Bros.

Paramount Skydance closed its $110 billion acquisition of Warner Bros. Discovery on Tuesday, completing one of the biggest media mergers of all time. Hannah Miller reports on "Bloomberg Open Interest." (Source: Bloomberg)

AI to See Massive Adoption 'Unseen' in Previous Tech Cycles, Says Neostellar Principal

American AI companies’ performance lead over China narrowed sharply in past months to a record low after labs such as DeepSeek gained ground, threatening US tech supremacy, according to Bloomberg Intelligence.

Nvidia Heads for $6 Trillion Value as Chips Rally

Nvidia is nearing a $6 trillion market capitalization as investors return to the AI chipmaker after a disappointing start to the year. Carmen Reinicke reports on "Bloomberg Open Interest." (Source: Bloomberg)

JPMorgan's Dimon Weighs In on AI Boom, Bond Selloff and UK Banks

JPMorgan Chase Chairman and CEO Jamie Dimon discusses the issues behind financing the AI boom, the global bond selloff and the state of UK banks. He speaks with Tom Mackenzie at JPMorgan's Tech Stars Conference in London. (Source: Bloomberg)

ASML’s Chip Technology Move Threatens Besi Shares, BofA Says

BE Semiconductor Industries NV’s share price doesn’t reflect the threat from fellow Dutch company ASML Holding NV in terms of an advanced chip packaging technique, Bank of America analysts said.

Mythos Drove Up Cyber Risk 10-Fold, Says JPMorgan's Dimon

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon says artificial intelligence has exposed new vulnerabilities for banks. He says the risks of cyber attacks have gone up 10-fold since the release of Anthropic's Mythos ai model.

Uber to Buy EzCater for $2.3 Billion in Enterprise Push

Uber Technologies Inc. is buying catering firm ezCater Inc. for $2.3 billion in a cash deal that will help the Uber Eats delivery platform reach a more corporate clientele.

Wayve CEO Kendall on the Future of Driving

Wayve CEO Alex Kendall discusses the future of driving, the market for autonomous vehicles in the US and China, as well as the possibility of a future IPO. He spoke with Bloomberg TV's Tom Mackenzie on the sidelines of the JPMorgan Tech Stars conference in London. (Source: Bloomberg)

Google Accused of Overcharging 20 Million Consumers in UK Class Action

Google was accused of overcharging Android app developers for over a decade, leading to inflated prices on the Play Store for about 20 million UK customers.

OpenAI and Anthropic Face Rising Price Pressure From Big AI Users

AI-powered software startups are increasingly turning to cheaper open models

UAE's Al Bannai on AI Developments

Faisal Al Bannai, adviser to the President of the United Arab Emirates, speaks with Bloomberg's Alex Dooler at the 'AI Everything' conference in Abu Dhabi.

AI Subscription Models Tested as Few Consumers Pay

OpenAI in $30 Billion Round Talks With BlackRock, UAE Funds

OpenAI is in talks with multiple investment funds from the United Arab Emirates to help anchor a $30 billion round of financing, according to people familiar with the matter. BlackRock is also in discussions to participate in the round. Ruhell Amin reports on Bloomberg Television.

JPMorgan Tops Global AI Banking Index for Fifth Straight Year

JPMorgan Chase & Co. held its spot as the world’s most advanced bank in artificial intelligence for a fifth straight year, widening its lead over rivals in an annual ranking that shows AI deployment across the industry is accelerating at a record pace.

MNT-Halan Plans $150 Million IPO, Egypt’s Biggest Since 2021

Egyptian fintech unicorn MNT-Halan is seeking to raise 7.84 billion pounds ($150 million), in what would be the country’s biggest initial public offering in dollar terms for about five years.

Nvidia Soars Near $6 Trillion Market Cap With Stock Back at High

Nvidia Corp. is on the verge of becoming the first company with a $6 trillion market capitalization as investors rotate back into the artificial-intelligence chipmaker after a disappointing start to the year.

Seagate, Toshiba Said to Vie for TDK’s Hard-Drive Head Unit

Seagate Technology Holdings Plc and Toshiba Corp. are locked in a contest for TDK Corp.’s magnetic-heads business for hard-disk drives, as the two rivals try to keep pace with demand for AI data-center storage devices.