17 stories tagged #Bloomberg

  1. Microsoft Shifts to In-House AI to Cut Costs, Ditching OpenAI and Anthropic
    tech

    Microsoft Shifts to In-House AI to Cut Costs, Ditching OpenAI and Anthropic

    Microsoft is replacing some OpenAI and Anthropic models with its own MAI models to reduce costs. The move is part of an industry-wide trend to curb AI spending.

    6d ago 1 min read
  2. Bloomberg's NFP Whisper Number at 138,000, Well Above Consensus
    finance

    Bloomberg's NFP Whisper Number at 138,000, Well Above Consensus

    Bloomberg's crowd-sourced forecast for the upcoming jobs report shows a significant gap from the official economist consensus, setting up potential market volatility.

    last wk. 1 min read
  3. Mirae Asset Fires Back Over Botched SpaceX Allocation
    finance

    Mirae Asset Fires Back Over Botched SpaceX Allocation

    Mirae Asset Securities disputes a Bloomberg report alleging a misunderstanding cost clients SpaceX IPO shares, claiming it followed lead underwriter instructions and is considering legal action.

    last wk. 1 min read
  4. CZ Questions Forbes' $47 Billion Net Worth Jump Amid Crypto Downturn
    crypto

    CZ Questions Forbes' $47 Billion Net Worth Jump Amid Crypto Downturn

    Binance founder Changpeng Zhao challenges Forbes' valuation, noting crypto prices fell over 50% while his estimated wealth reportedly surged by $47 billion.

    2w ago 1 min read
  5. ETF Tax Loophole Costs US Treasury $48 Billion Annually
    finance

    ETF Tax Loophole Costs US Treasury $48 Billion Annually

    A Bloomberg investigation reveals how ETFs use in-kind redemptions to avoid capital gains taxes, benefiting the wealthiest Americans.

    last mo. 1 min read
  6. Ripple Leads $1 Billion Fundraise for XRP Treasury
    crypto

    Ripple Leads $1 Billion Fundraise for XRP Treasury

    Ripple Labs is reportedly leading a $1B raise for a public-market vehicle to accumulate XRP, testing institutional demand.

    last mo. 1 min read
  7. Apple's New Siri Revealed: A Look at the AI Assistant Overhaul
    tech

    Apple's New Siri Revealed: A Look at the AI Assistant Overhaul

    Bloomberg shares concept art of Apple's revamped Siri, featuring a new Dynamic Island home, standalone app, and deeper AI integration.

    last mo. 1 min read
  8. iOS 27 Leak Reveals Siri Reboot with Google Gemini, Standalone App
    tech

    iOS 27 Leak Reveals Siri Reboot with Google Gemini, Standalone App

    Bloomberg's Mark Gurman reveals a revamped Siri for iOS 27 featuring a dedicated chatbot app, Dynamic Island integration, and Google Gemini support.

    last mo. 2 min read