Technology

OpenAI told investors this week that its early push to dramatically increase computing resources gives it a key advantage over Anthropic PBC at a moment when its longtime rival is gaining ground and mulling a potential public offering.

The startup is rethinking how to safely roll out more powerful technology.

Shares of Texas Pacific Land Corp. tumbled Thursday after the chief executive officer of its largest shareholder died, rattling investors in the Texas landowner that has drawn attention as technology companies seek sites for data centers.

"Bloomberg Markets" follows the market moves across every global asset class and discusses the biggest issues for Wall Street. Today's guests: Karv Global Partner Amir Handjjani, Causeway Capital Management Fundamental Portfolio Manager Ellen Lee, SoLo Funds Co-Founder & President Rodney Williams, and Morgan Stanley Head of Digital Asset Strategy Amy Oldenburg. (Source: Bloomberg)

Apollo Global Management Chief Executive Officer Marc Rowan resolved a lawsuit JPMorgan Chase & Co. brought against him and other early investors in Charlie Javice’s student-finance startup, Frank.

Amy Oldenburg, head of digital-asset strategy at Morgan Stanley, joins Caroline Hyde on "Bloomberg Markets." Morgan Stanley is set to become the first Wall Street bank to launch its own Bitcoin-tracking ETF, a milestone for the digital-asset ecosystem that underscores how deeply the original cryptocurrency has embedded itself in the financial mainstream — even as the market around it has cooled. (Source: Bloomberg)

Nico Rosberg, CEO of Rosberg Ventures and former Formula One World Champion, says developments in AI are moving faster than an F1 Race and investors need to be prepared for a bumpy ride. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)

Quantum company Infleqtion is set to launch more of its technology into space over the weekend as demand for ways to navigate without GPS grows. Matt Kinsella, CEO of Infleqtion, discusses the company’s quantum clocks and why they offer a superior option to quantum computers, for now. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)

Prior cyber-espionage campaigns resulted in the theft of sealed records from US courts.

Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." A fragile truce in the Gulf as President Trump vows to keep US troops in place ahead of high-stakes Iran talks. Oil surges with Goldman warning Brent could top $100 if the Strait stays shut. And gig tech doubles down as CoreWeave and Meta strike another massive AI deal. And billionaire Thomas Peterffy sparks debate, arguing against bans on insider trading. Plus, McCormick’s blockbuster move to reshape the global food industry—CEO Brendan Foley joins us in the C-Suite. (Source: Bloomberg)

A top Senate Republican is launching an inquiry into Meta Platforms Inc., Amazon.com Inc., X.AI Corp., and five other major tech companies over concerns with their reporting on suspected cases of online child sexual exploitation.

Amazon.com Inc. is considering selling its chips to other companies, Chief Executive Officer Andy Jassy said Thursday, adding that the cloud-computing giant’s in-house silicon unit is on pace to bring in more than $20 billion over the course of a year.

Robinhood CIO Stephanie Guild discusses the recent market volatility and resilience despite multiple headwinds including AI disruption, private credit worries and geopolitical tensions in the Middle East. Speaking on "Bloomberg Open Interest," Guild warns that a slower flow of commodities could lead to a second dip in the stock market. (Source: Bloomberg)

CoreWeave has struck a $21 billion deal to supply computing power to Meta Platforms through 2032, deepening its business with the social media giant. Anurag Rana has more on "Bloomberg Open Interest." (Source: Bloomberg)

The near-total shutdown of the internet in Iran is the world’s longest nationwide blackout since the Arab Spring in the early 2010s.

Former Google DeepMind researcher Andrew Dai believes that the artificial intelligence models at big labs have the intelligence of a 3-year-old kid, at least when it comes to making sense of visual prompts.

Intel Corp., trying to promote the use of its technology in data centers, said Alphabet Inc.’s Google has committed to using future generations of its Xeon processors and other chips.

Chip startup SiFive Inc. received $400 million in funding from a group of investors led by Atreides Management, money the company plans to use to get a bigger foothold in AI data centers.

CoreWeave Inc. is extending a borrowing spree after striking a new deal to supply artificial intelligence computing power to Meta Platforms Inc.

Marsh & McLennan Cos’ Mercer has raised just over $3.8 billion for private investments.