The company plans to triple the size of its data center fleet by 2032

CEO Sam Altman hopes that other companies will do the same.

Anthropic PBC uncovered a group in northern Yemen — where Iran-backed Houthi militants operate — using its Claude AI model to support the development of missile and rocket systems, highlighting growing concerns over the use of advanced AI in military programs and by non-state actors.

Broadcom Inc.’s licensing overhaul for VMware Inc. software after its $61 billion takeover is attracting deeper scrutiny from European Union antitrust watchdogs amid concerns customers are being made to suffer.

Chinese e-commerce firm JD.com Inc. is poised to offer improved remedies to allay European Union concerns over its planned €2.2 billion ($2.6 billion) takeover of Ceconomy AG, the bloc’s biggest electronics retailer.

Moonshot AI is targeting a manifold jump in annualized revenue to $2 billion by the end of the year, using the breakout success of its Kimi K3 model to dial up the heat on rivals from Anthropic PBC to Z.AI Co.

Greg Jensen was one of the earliest backers of both OpenAI and Anthropic, and at Bridgewater, where he is the managing chief investment officer, he leads the hedge fund's AI strategy. As an early adopter of the technology, he has a lot of thoughts on where things stand right now in terms of model capability and safety, as well as the broader economic impacts of AI. Just recently, he published an op-ed in the New York Times that proposed a “token tax,” to help mitigate the job losses that AI might cause. In today's conversation, Jensen tells us how Bridgewater is currently using AI, why there needs to be a stronger AI regulatory state, and why it feels like the AI discourse is starting to resemble the months before Covid-19 took over the world in 2020. (Source: Bloomberg)

OpenAI is considering slowing down the development of cutting-edge artificial intelligence, with CEO Sam Altman hoping other AI companies will do the same. In recent weeks, employees of leading firms have raised public concerns about the increased risks of advanced AI systems. Bloomberg Intelligence's Matthew Bloxham breaks down the situation. (Source: Bloomberg)

Greg Jensen, the co-chief investment officer of one of the world’s largest hedge funds, issued a dire warning about the risks and consequences of the artificial intelligence boom Friday on Bloomberg’s Odd Lots podcast.

Shanghai Enflame Technology Co. has fewer than 900 employees, one major customer, and has never turned a profit since the Chinese computer chip manufacturer began in 2018.

Japan’s Digital Agency said it suffered unauthorized access to its servers and personal data on about 246,000 people may have leaked.

Flipkart-owned digital payments platform Super.money is rolling out artificial intelligence agents that can autonomously shop for products and buy gold, betting that the technology can help it stand out from larger rivals.

OpenAI is considering slowing down the development of cutting-edge artificial intelligence, with CEO Sam Altman hoping other AI companies will do the same. (Source: Bloomberg)

The yen’s surge is putting the carry trade back in focus, raising questions about whether a bigger unwind could dent the rally in global stocks.

OpenAI is considering slowing down the development of cutting-edge artificial intelligence, and the ChatGPT maker’s Chief Executive Officer Sam Altman is hoping other AI companies will do the same.

Shanghai Enflame Technology Co.’s shares surged in their Shanghai debut after the chipmaker backed by Tencent Holdings Ltd. raised about 6.12 billion yuan ($911m) in an initial public offering.

Ashwini Kumar Tewari, managing director at the State Bank of India says that corporate spending on new-age industries such as data centers is emerging as a key driver. Tewari speaks exclusively with Bloomberg's Haslinda Amin. (Source: Bloomberg)

South Korea is tightening its defenses against industrial espionage with a revised law on spying taking effect this weekend, as the home of global chip giants Samsung Electronics Co. and SK Hynix Inc. seeks to safeguard advanced memory technology from increasingly formidable Chinese rivals.

Tokyo-based startup MW Inc. is offering homes with built-in robotic housekeeping arms, a counter to a global embrace of humanoids.