Technology

Federal immigration officers targeted a construction site in rural Louisiana where Meta Platforms Inc. is building its largest data center, leading to the arrest of two individuals, according to local law enforcement.

Hong Kong-based fintech firm WeLab Ltd. has secured $220 million from investors including HSBC Holdings Plc and Prudential Hong Kong Ltd. in its largest round of funding.

Chinese state media has dismissed the Trump administration’s conditions on the sale of Nvidia Corp.’s high-end chips to China as “discriminatory,” as the US moves closer to reversing an effective ban on their exports to the Asian country.

Alibaba Group Holding Ltd. plans to link its flagship online shopping and travel services to its AI app, taking its biggest step yet to build Qwen into its one-stop artificial intelligence platform for consumers.

Amazon.com Inc. is challenging Saks Global Enterprises’ foray into Chapter 11, saying the luxury retailer breached a deal related to the sale of Saks products on its website and that its equity investment in the now bankrupt business is “presumptively worthless.”

Chinese chip company SpacemiT raised more than 600 million yuan ($86 million) in a fresh funding round to speed up commercialization of its products and expand its business.

OpenAI has hired three staffers from Thinking Machines Lab, the artificial intelligence startup led by former OpenAI Chief Technology Officer Mira Murati.

Kuaishou Technology began marketing its maiden offshore bond offering as it looks to bolster funding for artificial intelligence, extending last year’s wave of global debt sales by major companies in the sector.

Elon Musk’s xAI is disabling the ability for people to use its Grok artificial intelligence chatbot to create sexualized images of real people, following widespread criticism that the company was allowing women and children to be victimized by the tool.

Software startup Temporal Technologies Inc. is in advanced talks to raise fresh capital at a $5 billion valuation, double what it was worth in a financing just three months ago, according to people familiar with the matter.

Bloomberg’s Caroline Hyde and Ed Ludlow discuss the US Commerce Department’s move making it easier for Nvidia to sell H200 AI chips to China. Plus, fresh off its $1.4 billion founding round, Skild AI CEO Deepak Pathak discusses how the company’s robot “brain” works across form factors. And, Netflix is working to revise its bid for Warner Bros. Discovery, shifting to an all-cash offer. (Source: Bloomberg)

Personal information of about 750,000 Canadian investors has been impacted by a “sophisticated phishing attack,” according to the Canadian Investment Regulatory Organization, in an update on the fallout from a major breach disclosed in August.

Stephen Ross, CEO and chair of Related Ross, founder of Related Companies and owner of the Miami Dolphins, discusses the outlook for business development in the West Palm Beach area during a Bloomberg Newsmakers event with Caroline Gage. (Source: Bloomberg)

The US imposed a 25% tariff on imports of certain advanced semiconductors, a key step in an agreement blessed by President Donald Trump allowing Nvidia Corp. to ship Taiwan-made H200 artificial intelligence processors to China.

OpenAI signed a multiyear deal to use hardware from Cerebras Systems Inc. for 750 megawatts’ worth of computing power, an alliance that will support the company’s rapid build-out of AI infrastructure.

The US Senate passes a bill aimed at helping victims of sexualized deepfakes. It comes as anger grows following reports that Elon Musk’s X has become a top site for images of people that have been nonconsensually undressed by AI. Bloomberg’s Emily Birnbaum discusses the latest with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)

Security startup depthfirst raises a $40 million Series A funding round led by Accel. Sara Ittelson, partner at Accel, discusses why this is a long-term bet for the firm. She joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)

Salesforce looks to bolster AI capabilities for Slack users with an upgraded Slackbot that uses Anthropic’s Claude model. Rob Seaman, Slack's chief product officer and interim CEO, joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)

China has instructed companies in the country not to use cybersecurity products from American and Israeli firms including Palo Alto Networks Inc., Fortinet Inc. and Check Point Software Technologies Ltd., according to a government directive seen by Bloomberg News.

Verizon Communications Inc. said service was restored on its wireless network after a widespread outage across the US that lasted for most of the day on Wednesday.