2026 Will Be the Year of AI-Assisted Shopping, Visa Exec Says

President Donald Trump signed an executive order aimed at preventing state-level regulations on artificial intelligence (AI) through legal actions and funding cuts, a move that has been welcomed by technology industry leaders advocating for a unified regulatory approach. David Sacks, the White House AI and Crypto Czar, discussed the implications of this order on Bloomberg Tech.

Ireland has lifted a moratorium on new power connections for data centers around Dublin, providing clarity for the industry regarding the requirements for establishing new facilities. This decision marks a significant shift in policy, allowing for the expansion of data center infrastructure in the region.

Medra has successfully raised $52 million to enhance its capabilities in drug discovery through the use of artificial intelligence-powered robots, aiming to establish one of the largest autonomous laboratories in the United States. This funding will allow Medra to accelerate its research and development efforts in the pharmaceutical sector.

Oracle's stock has experienced its most significant decline since January, attributed to increasing concerns over rising artificial intelligence (AI) spending. Beth Kindig, a tech analyst at the I/O fund, highlighted that investors are awaiting a pivotal moment in the tech sector that has yet to materialize. This sentiment was discussed during a segment on Bloomberg Tech with Caroline Hyde and Ed Ludlow.

Netskope Inc. has initiated a full-year revenue guidance that exceeds market expectations in its first earnings report since going public, signaling strong financial performance and investor confidence.

AI leaders are increasingly focusing on developing models capable of continuous learning post-training, marking a significant shift in artificial intelligence capabilities. This approach aims to enhance the adaptability and efficiency of AI systems, potentially leading to more powerful applications across various sectors.

Rivian has announced a significant investment in developing its own AI chip and a new lidar system, aiming to enhance its capabilities towards achieving driverless autonomy. This strategic move was reported by Bloomberg TV’s Ed Ludlow, highlighting Rivian's commitment to advancing its technology in the competitive electric vehicle market.

Google DeepMind has announced the opening of its first research lab in the UK focused on discovering new materials, particularly for applications in batteries and semiconductors. This initiative marks a significant step in the company's efforts to leverage artificial intelligence in scientific research.