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Showing 19-34 of 34Results matching "Bloomberg"

August 2026

16 stories

Aug 22, 2026Policy

Government action Policy

Abbott’s Grid-Freeze Call Brings Texas AI Power Plans Into Focus

The governor’s proposed audit and temporary pause are not yet a defined policy. But they put the electricity supply behind enormous computing campuses, including two West Texas projects linked to gas generation, under direct political scrutiny.

3 min

Aug 22, 2026Startups

Acquisition Startups

Cognition CEO Denies SpaceX Buyout Talks, Leaving a Possible Compute Tie Unresolved

The public dispute leaves no announced transaction. The only potential continuing connection described is a collaboration in which Cognition could use SpaceX computing capacity.

3 min

Aug 22, 2026Infrastructure

Enterprise adoption Infrastructure

Hudson River Trading Makes a Multibillion-Dollar Bet on CoreWeave Compute

The agreement gives a major quantitative trading firm earlier broad access to Nvidia’s Vera Rubin systems, while testing whether specialized AI cloud capacity can become a deeper financial-services business.

3 min

Aug 22, 2026Business

Enterprise adoption Business

Meta Is a Major Microsoft AI Customer—and a Potential Foundry Rival

The reported arrangement shows a major model developer can also be a major buyer of outside models. Microsoft gains high-volume demand now, while Meta’s planned API service could eventually overlap with the marketplace it uses.

4 min

Aug 21, 2026Business

Funding Business

Nscale’s Reported $3 Billion IPO Would Put AI Data-Center Contracts to a Public Test

Nscale’s prospective listing centers on a physical AI-cloud business: secure power and hardware, turn them into usable computing capacity, and deliver against large customer commitments.

3 min

Aug 21, 2026Infrastructure

Infrastructure

TerraPower’s Data-Center Pitch Is a Heat Battery Attached to a Nuclear Reactor

The project is expected to break ground in 2027, but its customer is not public. The central question is whether stored reactor heat can respond to volatile computing demand without forcing the reactor itself to slow down.

3 min

Aug 21, 2026Infrastructure

Partnership Infrastructure

Google Expands Marvell’s Chip Role Alongside Broadcom

Google’s supplier expansion creates a competitive question for Broadcom, while three widely cited AI-financing figures describe an active deal, an analyst projection, and an unconfirmed proposal—not one pool of committed capital.

3 min

Aug 21, 2026Startups

Funding Startups

Callosum Raises $100 Million as It Routes AI Work Across Models and Chips

The UK startup’s Tailored Inference service makes two choices for each piece of an AI workload: which model should handle it, and which accelerator should run it. Its performance claims remain limited to selected tasks.

3 min

Aug 20, 2026Infrastructure

Regulation Infrastructure

AI Data Center Builders Offer Concessions as Local Backlash Hardens

Oracle, Microsoft and OpenAI are pairing outreach with promises on power, water and local benefits. The unresolved test is whether concessions can overcome opposition that is already delaying projects and reshaping state policy.

4 min

Aug 19, 2026Business

Acquisition Business

Stripe’s OpenRouter Deal Puts AI Routing Beside the Billing Stack

The acquisition joins a model-selection layer to a payments relationship that already metered token use. OpenRouter’s stated independent operation leaves the post-close boundaries of that relationship unresolved.

4 min

Aug 19, 2026Startups

Acquisition Startups

Stripe’s Reported OpenRouter Deal Is a Bet on Who Directs AI Demand

The reported acquisition remains unconfirmed, and its price is disputed. But OpenRouter’s position between developers, models and inference providers could give Stripe a foothold where AI costs are created and allocated.

4 min

Aug 18, 2026Business

Earnings Business

Anthropic Told Investors Its Revenue Run Rate Reached $65 Billion

The confidential investor update suggests a rapid expansion ahead of a potential public listing, though a run rate is an extrapolation rather than booked full-year revenue.

3 min

Aug 18, 2026Policy

Funding Policy

OpenAI Funds a Study of How AI Could Shift Tax Revenue

The Tax Foundation will assess ways to tax AI and map possible shifts among wages, profits and capital gains. The grant sets a research agenda, not a tax proposal, and key terms of the arrangement remain public unknowns.

4 min

Aug 17, 2026Business

Acquisition Business

Google’s $10 Million Spirit Deal Turns Airline Work Data Into an AI Asset

Google says the airline records will be stripped of personal information before transfer. The proposed sale still leaves key questions about the filtering process, final dataset and intended model uses unanswered.

5 min

Aug 17, 2026Business

Earnings Business

Anthropic’s Reported $11.5 Billion Quarter Sharpens Its IPO Case, Not Its Price

Preliminary documents suggest Anthropic’s revenue accelerated dramatically in the second quarter. But reported investor meetings have not included detailed financial or valuation discussions, leaving a large gap between operating momentum and an eventual public-market price.

5 min

Aug 17, 2026Infrastructure

Funding Infrastructure

Nvidia’s AI Financing Push Turns Chip Value Into a Credit Question

A reported effort to bring outside capital into AI infrastructure could widen Nvidia’s market. It also makes data-center cash flows and the resale value of fast-aging hardware central underwriting risks.

5 min