Bloomberg Tech
AI news source. Articles are auto-selected and adapted by Hamidun News editors.
Latest publications

EU Court Confirms €4.1 Billion Google Fine for Android Abuse
The EU's highest court has definitively upheld an antitrust fine of €4.1 billion against Google — after eight years, the company has failed to overturn the decision.

Product war in South Africa: Retailers shift from search to AI-powered customer dialogue
South Africa's online retail enters a new phase — competition is shifting from delivery speed to AI assistants that make the shopping process itself nearly invisible.

Bernard Arnault Donates €50M to Mathematics Institute, Calls It the Key to the AI Era
LVMH chief Bernard Arnault announced a record €50M contribution to establish a mathematics research institute at his alma mater, calling mathematics the foundation of an AI-driven world.

Oil service workers' salaries break records for third consecutive month due to Iran war
Compensation in the oil services sector reached historical highs for three consecutive months—from March to May 2026: the war with Iran drove up oil prices and forced companies to expand drilling operations.

Csquare Files for IPO in US: Data Center Backed by Brookfield Goes Public
Csquare Inc., backed by Brookfield Corp., filed for IPO in the US, joining a wave of AI infrastructure companies going public — data centers have become the key asset of the era.

HSBC deploys Google Cloud AI targeting $100+ million from each project
One of the world's largest banks has agreed with Google to use AI in global operations — each AI project is expected to generate more than $100 million in additional profit or savings.

Anthropic restrictions show South Korea needs its own AI, says Upstage chief
The head of Korean startup Upstage said the US ban on access to Anthropic technology is the strongest argument for sovereign AI in South Korea.

Baidu CFO: how the company attracts young engineers with AI
Baidu CFO Henry He explained how the Chinese tech giant uses its own AI to attract young talent and reshape the company’s internal structure.

Uber ends Waymo robotaxi partnership in Phoenix and seeks a new partner
Uber has shut down its joint robotaxi service with Waymo in Phoenix — one of the main testing grounds for autonomous taxis in the US — and is preparing to announce a new partner.

Anthropic receives U.S. approval for expanded access to the Mythos 5 model
The Trump administration lifted restrictions on Anthropic's powerful AI model Mythos 5 after resolving national security concerns — the model is now available for critical sectors.

Anthropic seeks to resolve differences with the White House over Mythos and Fable models
Anthropic’s new models have prompted a review of White House national security policy — the company is in talks to ease Washington’s concerns.

Wedbush Analyst: Anthropic in a 'Tug of War' with Trump Administration
Dan Ives from Wedbush characterized Anthropic's negotiations with Washington, forecast a wave of AI M&A, and commented on OpenAI's losses ahead of IPO.

Citi analyst: Europe is an undervalued AI play amid a shift in investment logic
Elise Badoy of Citigroup says European markets offer cheaper opportunities for AI investment as the focus shifts from infrastructure to adoption.

Enterprise AI has hit a problem: knowledge about work exists only in people’s heads
Bloomberg: companies cannot teach AI what only experienced employees know — how workflows actually function and how decisions are really made.

US pressures Anthropic: allies panic over threat of technological lag
The Trump administration stepped up pressure on Anthropic, alarming US allies that had built their AI strategies around American technology.

Goldman Sachs analyst calls AI a key tool in the fight against diabetes
David Roman of Goldman Sachs explained how Abbott and Dexcom use AI to automatically count carbohydrates from a photo of food and precisely dose insulin — without patient involvement.

Portobello Capital delays sale of Legálitas over AI threat to legaltech
Private equity fund Portobello Capital has suspended the sale of Spanish legal service Legálitas — potential buyers fear AI will destroy the business model before they recoup their investment.

Joe Hudson teaches Sam Altman “emotional flexibility” — and believes humans will beat AI
OpenAI coach Joe Hudson is convinced that the main competitive advantage in the AI era is a leader’s emotional flexibility, not a company’s technological resources.

SpaceX bought AI startup Cursor for $60 billion two days after record IPO
SpaceX struck a deal to acquire AI startup Cursor for developers for $60 billion just two trading days after a record IPO — even though the terms gave the company a 30-day window.

Baidu: from search engine to full AI stack — the company’s CFO on strategy and robotaxis
Baidu CFO Henry He explained how the company transformed from a search leader into a chipmaker, AI model developer, and robotaxi operator.

Chinese Humanoid Robots at MWC Shanghai: Penalty Kicks and Piano Playing
At the Mobile World Congress exhibition in Shanghai, humanoid robots from Chinese manufacturers impressed the audience — they kick penalties and play piano right in front of visitors.

Kuaishou seeks $2 billion for Kling AI: General Atlantic in talks at $18 billion valuation
Kuaishou is in talks with General Atlantic on the first $2 billion funding round for video AI unit Kling AI at an $18 billion valuation ahead of an IPO.

ASML chief warns of possible supply disruptions for Musk's Terafab
ASML CEO Christophe Fouquet warned that the company must prevent supply disruptions as it services new large-scale projects, including Elon Musk's Terafab.

ASML CEO on demand for AI chips, space data centers, and Musk's Terafab plant
ASML CEO Christophe Fouquet called demand for AI infrastructure "huge" and warned of supply shortage risks when serving megaprojects — including Elon Musk's Terafab.

Chinese regulator opens mainland exchanges to AI companies and Hong Kong issuers
China’s securities regulator has pledged to support the listing of AI developers and Hong Kong-traded companies on mainland exchanges to strengthen domestic capital markets.

US issued order on Anthropic's models — a new era of AI oversight begins
The US government has for the first time issued an order directly regulating the models of a specific AI developer — Anthropic. At the center of the document is the classified project Mythos.

Bank of Korea warns: AI bonuses in the semiconductor sector could fuel inflation
South Korea's central bank has warned that record bonuses at tech companies amid the AI chip boom could trigger wage growth and consumer demand across the economy.

Google Cloud adds specialized AI models from SandboxAQ for scientific research
Google Cloud is integrating specialized AI models from SandboxAQ to accelerate drug development, materials science, and semiconductor manufacturing.

Germany bets on AI to replace retiring workers
The German economy is facing an acute labor shortage as baby boomers retire en masse — and sees AI as the main tool to close the demographic gap.

Samsung and SK Hynix lead South Korea's $880 billion investment plan
Seoul is coordinating at least $880 billion in investments from Samsung, SK Hynix and other companies into AI infrastructure — officials call these investments a condition for the country's survival in the technological