Nitin Rakesh, CEO at Indian IT firm Mphasis, discusses the company's business strategy and its investments in AI. He speaks with Haidi Stroud-Watts on Bloomberg: The Asia Trade. (Source: Bloomberg)

You need infrastructure to build AI a and robots, but apparently you also need AI and robots to build infrastructure.

The extraordinary wealth generated from South Korean chipmakers will drive spending and inflation, spurring the nations central bank to raise interest rates at least three times over the coming year, according to Mirae Asset Global Investments.

The maker of Claude has received multiple pre-emptive offers at valuations in the $850 billion to $900 billion range, according to sources familiar with the matter.

The White House opposes Anthropic PBCs plan to expand access to its Mythos AI model, the Wall Street Journal reported, a technology that the company says is powerful enough to enable dangerous cyberattacks.

PhonePe and Google Pay command 80% of India's UPI instant payments network. Rivals are set to meet with regulators to lobby for restrictions.

Fujitsu Ltd. shares fell as much as 14%, the most in 11 years, after the companys fourth-quarter operating profit and full-year forecast missed analyst estimates.

The e-commerce giant is making more money than expected from AWS but it's also spending a lot, and will continue to do so in the near term, its chief executive said.

Asias artificial intelligence-fueled rally is masking signs of strain, with gains in tech names overshadowing the impact of the US-Iran war on the broader market.

Elon Musk took the stand for the second day for his attempt to legally dismantle OpenAI.

Daniel Flax, Neuberger senior research analyst, discusses what the latest round of tech earnings could portend for AI companies like Apple, Broadcom and Nvidia on "Bloomberg The Close." (Source: Bloomberg)

Google Cloud topped $20B in quarterly revenue for the first time, fueled by surging demand for AI. But capacity constraints mean it could have grown even faster.

Anthropic PBC has begun weighing a fresh funding round that would value the artificial intelligence developer at more than $900 billion, according to people familiar with the matter, potentially leapfrogging its longtime rival OpenAI as the worlds most valuable AI startup.

Surprise! Fusion startup Zap Energy says it will be developing fission reactors alongside its fusion devices.

DA Davidson Managing Director Gil Luria offers his key takeaways on earnings from Amazon, Microsoft and Meta Platforms. He speaks on "Bloomberg The Close." (Source: Bloomberg)

Google added 25M paid subscriptions in Q1, reaching 350M total, as YouTube and Google One grow.

Elon Musk spent hours Wednesday telling a jury about his falling out with the other leaders of OpenAI over what he described as their desire to get rich off a project that was supposed to serve the public good.

On Wednesday, Pursuit announced a $22 million Series A round led by Mike Rosengarten, the co-founder of OpenGov, with big-name VCs participating.

SoFi shares fell after the company released its quarterly results. SoFi CEO Anthony Noto says investors appear to be reading its decision to maintain its full-year guidance as a sign of uncertainty. Noto speaks with Caroline Hyde and Ed Ludlow on Bloomberg Tech. (Source: Bloomberg)

The AI agent-tool startup founded by former Twitter CEO Parag Agrawal has raised $100 million, led by Sequoia, months after raising a previous $100 million.

Apple is planning a major overhaul of the built-in photo-editing features, powered by its Apple Intelligence platform, according to people familiar with the plans. Bloomberg's Mark Gurman joins Caroline Hyde and Ed Ludlow on Bloomberg Tech. (Source: Bloomberg)

Google TV just got more Gemini features, including the ability to transform photos and videos with tools Nano Banana and Veo.

Apple Inc. is planning to embed artificial intelligence more deeply into the iPhones camera app, adding a new Siri mode alongside the standard photo and video options in its upcoming iOS 27 operating system.

Google recreates Cher's closet from "Clueless" with AI.

International Business Machines Corp. is deepening its bet on the Illinois Quantum and Microelectronics Park in Chicago, with plans to add 750 jobs over the next five years.

Rokus $2.99 streaming service Howdy has topped 1M subscribers, showing demand for cheaper, low-commitment alternatives to pricier streamers.

Chinese hackers breached the Cubas embassy in Washington to spy on communications of dozens of diplomats as the island nation stared down a US naval blockade, according to findings from the cyber firm Gambit Security.

Apple lost its bid to pause court-ordered App Store payment changes, keeping external purchase links in place as its case with Epic heads toward the Supreme Court.

OpenAI is the target of new lawsuits over the mass shooting in Tumbler Ridge, British Columbia, that allege the artificial intelligence company could have stopped the suspected killer from using its popular chatbot, ChatGPT, ahead of the attack.

The government of Sri Lanka has lost more than $3 million in two recent, separate cybersecurity incidents as the country continues to recover from its 2022 debt crisis.