Numerai, which trades stocks using AI-driven ideas from freelance finance quants, raised a $30M Series C led by university endowments at a $500M valuation (Bloomberg)

A sanctioned Russian oil tanker changed its course while heading to Venezuela after encountering a U.S. Navy destroyer in the Caribbean, as reported by vessel-tracking data analyzed by Bloomberg.

Bloomberg’s Caroline Hyde reports on the recent volatility in markets driven by investor anxiety surrounding AI and cryptocurrency. OpenAI has partnered with Foxconn to design AI data center hardware in the US, while Cerebras CEO Andrew Feldman comments on the US approval for advanced AI chips to be sold to the Middle East.

Canva's COO, Cliff Obrecht, discussed the company's upcoming product rollouts and leadership enhancements as it prepares for a public offering. This announcement was made during an interview with Caroline Hyde on Bloomberg Tech.

Meta is entering the power trading market to support its AI expansion, committing to long-term energy contracts to assist plant developers. This strategic move aims to bolster Meta's infrastructure as it continues to grow its artificial intelligence capabilities.

Bloomberg's Caroline Hyde reports on a turbulent week for markets driven by investor anxiety surrounding AI and cryptocurrency. OpenAI is collaborating with Foxconn to develop AI data center hardware in the U.S. Additionally, Cerebras CEO Andrew Feldman comments on the U.S. approval for advanced AI chips to be sold to the Middle East.

Sources indicate that Trump's team has recently discussed the possibility of allowing Nvidia to sell its H200 artificial intelligence chips to China. This marks a significant shift from the administration's previous public stance on technology exports to China, reflecting evolving strategic considerations.

Meta Platforms Inc. is entering the electricity trading market to expedite the construction of new power plants in the United States, which are essential for supporting its artificial intelligence infrastructure. This strategic move aims to enhance Meta's operational capabilities as it expands its AI initiatives.

OpenAI has partnered with Foxconn, also known as Hon Hai Precision Industry Co., to design and manufacture server racks for data centers in the United States. This collaboration will also see Foxconn producing cabling, power systems, and other components necessary for the infrastructure. The partnership aims to meet the increasing demand for data center hardware driven by advancements in artificial intelligence.