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Get a jump start on the US trading day with Dani Burger on "Bloomberg Open Interest." Uncertainty hits the IPO pipeline as Oura delays its debut. Anthropic warns of catastrophic AI risks, Goldman weighs John Waldron as its next CEO, and Jefferies asset-management revenue plunges. Plus, Gary Gensler, Gabriela Santos and Meredith Whitney on AI risk, market euphoria and cracks in the US economy. (Source: Bloomberg)
China’s generative artificial intelligence user base surpassed 700 million at the end of June, accounting for more than half of the population as wide AI adoption pushes the technology’s penetration rate to a record high in the country. The user base data, released Tuesday by the China Internet Network Information Centre, represents an increase of 16 per cent from the end of 2025, when China had 602 million generative AI users with a penetration rate of 42.8 per cent. Question-and-answer...
Chinese chip foundry CanSemi Technology’s Shenzhen initial public offering (IPO) is emerging as one of mainland China’s most sought-after tech listings this year, as investors bet on its push into silicon photonics and its role in domestic artificial intelligence infrastructure. The Guangzhou-based company’s retail tranche was oversubscribed by more than 2,300 times after clawback, according to a stock exchange filing late on Sunday, as investors scrambled for a piece of the domestic...
According to officials, the proposed system is aimed at improving passenger and road safety by monitoring driver alertness and behaviour, and providing real-time warnings for various safety risks
Space X on Monday will attempt to launch its Starship rocket from Texas into Earth's orbit in a 10-hour flight which would deploy 26 Starlink satellites and would represent a milestone in the development of the massive launch vehicle. But the success of the launch is uncertain, as many previous tests have failed.
At one time, around 35 librarians worked at the Karnataka University library. But now, only two are currently serving, says B.D. Kumbar, former Vice-Chancellor of Davangere University
Cross-boundary talent flows within the Hetao innovation hub will be launched by June next year at the latest, Hong Kong’s technology minister has said, after the city leader pledged to enable the free movement of data by the end of this year. Speaking on a radio programme on Sunday, Innovation, Technology and Industry Secretary Sun Dong gave the first deadline for the scheme, also saying semiconductor production, due to begin at the Hong Kong Microelectronics Research and Development Institute...
Tokyo, Sept. 26 (Jiji Press)--Japan's Defense Ministry plans to introduce a new contract system to support startups in developing unmanned aerial vehicles and other products to tap their advanced technologies. Under the system, the ministry will examine participating companies at each stage, such as development planning and demonstration, making payments for necessary expenses at each step,...
White House says the two countries agreed to open a 'bilateral communication channel' for AI incidents.
ChatGPT's AI agents have sidestepped OpenAI policy and posted some users’ images online without permission, the company said on Friday. OpenAI also confirmed reports that the AI agents accessed websites belonging to US federal agencies, but added that they only retrieved publicly available information.
Jev, an AI model built by a former OpenAI researcher, went viral over the past week with the promise of a cheaper and faster alternative to large language models. (Source: Bloomberg)
If the American guests seated at the head table with President Xi Jinping and US President Donald Trump at Thursday’s White House state dinner were any indication, Washington now views its relationship with Beijing largely through the prism of technology. Analysts said the seating arrangement underscored how tech industry titans driving the global AI infrastructure boom were pushing to draw the two economic superpowers closer together. Sitting alongside Xi, Chinese first lady Peng Liyuan, Trump...
Iran's Islamic Revolution Guard Corps (IRGC) announced on Tuesday that the country possesses the technological infrastructure to make missiles with significantly longer ranges.
Inside a brightly lit cleanroom at Chungbuk Semiconductor High School in South Korea, a group of teenagers in head-to-toe protective suits carefully handled silicon wafers, learning the same production processes used in commercial chip plants. About half of the school’s graduates head straight to large companies such as Samsung Electronics or SK Hynix without ever setting foot in a university classroom. The scene illustrates how South Korea’s semiconductor boom is beginning to challenge the...
Chinese artificial intelligence start-up Moonshot AI has begun supplying its flagship Kimi K3 model to Amazon Web Services (AWS), one of the world’s largest cloud services providers, in a major test case for how open-weight AI models can generate higher revenue from third-party platforms. The model is now available on Amazon Bedrock, AWS’s tool for building generative AI applications, offering “a powerful new option for coding and knowledge work”, Amazon said in an announcement on Friday. While...
The story you hear nowadays is that America is struggling to make things and can't compete with China when it comes to advanced manufacturing. But of course, there's tons of high-tech stuff being produced in the US, and more and more companies are doing it out of Southern California, with factories sprouting up around Los Angeles to build things like precision metal parts and jet engines. Two founders who are actively engaged in building things in LA are Tom Mueller, founder of Impulse Space (and Employee No. 1 at SpaceX), as well as Hadrian founder Chris Power. Impulse Space is building in-space transport vehicles while Hadrian is creating autonomous factories. This episode was recorded live at the Vermont Hollywood, as part of our first ever Odd Lots live show in LA. We talk to Chris and Tom about how the US lost its manufacturing edge and why LA is becoming a destination for people who want to make and build hardware. (Source: Bloomberg)
Google’s consumer AI model Gemini hacked multiple systems through guessing login credentials, the company said, the latest case of rogue AI cybersecurity transgressions, which have generated safety concerns. The hacks, first reported by the Wall Street Journal, took place in May and were discovered by Google in July. “In a standard evaluation, the model found public information online and guessed credentials to access websites it thought were part of the test,” Heather Adkins, Google’s...
Apple on Friday commenced the sale of iPhone 18 Pro and iPhone 18 Pro Max in India. These phones can be purchased on Apple’s India store and its six retail outlets across the country.
The debate reflects a growing global question: how to harness AI's benefits while limiting its risks.
Callers to Hong Kong’s 999 hotline will be able to send real-time audio and visual information to emergency call centres using instant messaging apps in 2028, Secretary for Security Chris Tang Ping-keung has said. The security minister revealed the timeline for the upgrade on Thursday, a day after Chief Executive John Lee Ka-chiu announced in his latest policy address that three new functions were set to be introduced to enhance 999 call services. Alongside providing “real-time audio, image and...
Circle CEO and Co-Founder Jeremy Allaire joins Bloomberg Open Interest to lay out his massive vision for digital dollars, saying stablecoins could address a roughly $60 trillion cash market. He explains why Circle doesn’t need the CLARITY Act to scale, calls blockchain finance an “irreversible megatrend,” and details the launch of Arc with hundreds of companies already participating. (Source: Bloomberg)
Trump has dismissed AI fears as 'hoax', insisting US safeguards suffice and warning slowdown benefits China.
A viral selfie allegedly showing Vladimir Putin, Xi Jinping, Narendra Modi and other leaders together at the BRICS summit in New Delhi is AI-generated. A SynthID watermark shows it was created using OpenAI tools, while several leaders pictured, including Brazil’s Lula and Turkey’s Erdogan, did not attend. Another AI selfie features former Iranian president Ebrahim Raisi, who died in 2024. Both images were widely shared online, including by official embassy accounts. Vedika Bahl fact-checks.
The United States has confirmed for the first time that it has deployed weapons in space, a remarkable revelation after previous warnings about countries such as Russia possibly weaponizing a global frontier long agreed in treaties to be used for only peaceful purposes. FRANCE 24's Emerald Maxwell reports.
The world’s biggest AI companies are working to create a new industry standards body, OpenAI said on Tuesday, as rising concerns over the risks of artificial intelligence fuel pressure for greater oversight and safer development of the technology.
Agility Robotics unveiled Digit 5, a new humanoid designed to safely work alongside people without the physical barriers required by earlier models. Agility Robotics CEO Peggy Johnson joins Bloomberg Tech's Ed Ludlow to discuss how the robot can take on more complex warehouse and manufacturing tasks as Agility looks to expand deployments beyond the nine customer facilities it operates in today, and how AI can accelerate the timeline for Digit 5 to learn new skills. (Source: Bloomberg)
Talk of an AI slowdown is 'more PR than substance' as technology companies in the US race to compete both with each other and with China says Daniel Pinto, EMEA CEO at wealth manager Corient. He spoke to Bloomberg's Francine Lacqua on 'The Pulse'. (Source: Bloomberg)
Japan is looking to develop submarine-detecting quantum sensors for aerial drones, the latest move in a growing undersea competition pitting China against the United States and its allies across the Indo-Pacific. Released in late August, Tokyo’s defence budget request for fiscal 2027 includes research into a smaller, more capable quantum magnetic sensor, a technology that uses the properties of atoms to detect tiny changes in magnetic fields that could reveal a submarine. The project is one of...
The tendency to copy creative works and violate copyright has been rising with the advancement of technology, says V.D. Satheesan