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Silicon Valley tends to tolerate a certain amount of founder exaggeration when pitching investors, often dismissing it as part of selling a vision. But some choices cross the line and can lead to jail time for founders and scandal for their investors. A case in point is Joseph Sa

DeepSeek just launched its fourth generation of flagship models with DeepSeek-V4-Pro and DeepSeek-V4-Flash, both targeted at enabling highly efficient million-token context inference. DeepSeek-V4-Pro is the largest model in the family, with 1.6T total parameters and 49B active pa

Apr 24th, 2026 Wall Street Week | Anthropic Cybersecurity Risk, BYD Goes Global, The Billionaire Next Door This week, regulators and banks are scrambling to catch up after the debut of Anthropic’s nearly autonomous system that can find cybersecurity vulnerabilities on its own. An

Intel shares soared 24% on Friday, their best performance since October 1987, as investors cheered signs of renewed growth due to mounting artificial intelligence demand. The stock closed at $82.57 and is now up 124% this year after jumping 84% in 2025. Friday's rally topped a 23

Nvidia shares closed at a record on Friday for the first time since October, pushing the company's market cap past $5 trillion, as investors piled into the AI chip trade ahead of earnings next week from tech's hyperscalers. The stock rose 4.3% to close at $208.27. Nvidia is up mo

Apr 24th, 2026 USA Rare Earth CEO on 'Transformative' $2.8B Serra Verde Deal USA Rare Earth recently announced a $2.8 billion acquisition of Brazil’s Serra Verde Group, which is expected to close in the third quarter. It comes as comes as the US and its allies scramble to secure

Google will invest at least $10 billion in Anthropic, and that amount could rise to $40 billion if Anthropic meets certain performance targets, Bloomberg reports. The investment follows Amazon’s $5 billion initial investment in Anthropic a few days ago; the Amazon deal also leave

Palantir has helped the Internal Revenue Service’s Criminal Investigations office probe a variety of financial crimes in the U.S. for much of the last decade, The Intercept reported. The IRS has paid the firm $130 million since 2018 to use its data analysis software to pore over

Cohere, the Canada-based enterprise AI unicorn, announced Friday that it would merge with the Germany-based enterprise AI company Aleph Alpha. The deal, which has yet to close, will value the newly formed company at $20 billion, the FT reported. Schwarz Group, one of Aleph Alpha’

DeepSeek's new models are so efficient they'll run on a toaster ... by which we mean Huawei's NPUs Now available in preview, DeepSeek V4 cuts inference costs to a fraction of R1 Chinese AI darling DeepSeek is back with a new open weights large language model that promises perform

Microsoft will offer voluntary buyouts to some U.S. employees, a first for the 51-year-old software giant, as the tech industry grapples with major changes sparked by the artificial intelligence boom. About 7% of U.S. employees are eligible, according to a person familiar with th

Moderna’s mRNA-based combination vaccine against both flu and COVID-19 has gotten the green light in Europe—but it continues to be shelved in the US, where it was developed. This week, the European Commission authorized Moderna to market the vaccine, mRNA-1083 or mCOMBRIAX, makin

Series, a social networking app, announced that it raised a $5.1 million pre-seed round, with investors including Venmo co-founder Iqram Magdon-Ismail, Pear VC, Reddit CEO Steve Huffman, and GPTZero founder Edward Tian. The company was founded early last year by Yale students Nat

Weiyao Wang spent eight years at Meta — his first job out of college — helping build multimodal perception systems and contributing to open-world segmentation projects, including SAM3D. His final day at Meta was last week, and he has since joined Thinking Machines Lab (TML). His

Technology Big Take Podcast Why Apple Picked Their Product Guy as the Next CEO At Apple, 15 years of Tim Cook is coming to an end. What will 15 years under John Ternus look like? FacebookXLinkedInEmailLinkGiftFacebookXLinkedInEmailLinkGiftGift this articleConfidential tip? S

BDCs Have 'Taken a Licking, Keep on Ticking': Moody's Marc Pinto, global head of private credit at Moody's Ratings, joins Scarlet Fu and Olivia Fishlow on "Bloomberg Real Yield." Private credit funds with outsized exposure to software and tech loans face rising refinancing and c

Private Credit BDCs’ 2028 Maturity Wall Poses Risk: Moody's Marc Pinto, global head of private credit at Moody's Ratings, joins Scarlet Fu and Olivia Fishlow on "Bloomberg Real Yield." Private credit funds with outsized exposure to software and tech loans face rising refinancing

X-energy’s stock popped today in its debut on the Nasdaq, opening at $30.11 before closing at $29.20, up 27% over its initial public offering of $23 per share. Investors can’t get enough nuclear power, apparently. Even the initial share price had been revised upward from the $16

Nvidia Breakout Sends Chip Giant to First Record Since October Nvidia Corp. shares rose to their first record in months on Friday, the latest example of improving momentum at the leader in artificial intelligence chips. Shares gained 4.3% to $208.26 amid a broad semiconductor ral

ComfyUI, a startup that helps creators control image, video, and audio outputs from diffusion models with a node-based workflow, has raised a $30 million funding round at a $500 million valuation. The round was led by Craft Ventures, with participation from other investors includ

XChat, X’s stand-alone messaging app, launched to the public on Friday. Initially available on iOS devices, the new app allows users to connect with their X contacts for messaging, file sharing, audio and video calls, as well as group chats. The company first began publicly testi

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Maine Governor Mills Vetoes Statewide Data Center Moratorium Maine Governor Janet Mills vetoed what would have been the first statewide freeze on large data center development, saying it would hurt a part of Maine in need of an economic boost. Mills, a Democrat running for US Sen

The Federal Communications Commission clarified this week that its sweeping ban on foreign-made consumer routers also affects portable hotspot devices. The FCC added a new section to an FAQ titled, “Is my device a consumer-grade router under the National Security Determination?”

DeepSeek’s Long-Awaited New Model Fails to Narrow US Lead in AI When China’s DeepSeek released a competitive new artificial intelligence model called R1 last January purportedly built for less than many rivals, some feared the achievement posed a threat to America’s lead in artif

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Technology AI Stanford Professor Targets $1 Billion Valuation For AI-for-Physiology Startup FacebookXLinkedInEmailLinkGiftFacebookXLinkedInEmailLinkGiftGift this articleConfidential tip? Send a tip to our reporters Site feedback:Take our SurveyNew WindowFacebookXLinkedInEmai

Intel Delivers Strong AI-Fueled Outlook | Bloomberg Tech 4/24/2026 Bloomberg’s Ed Ludlow discusses his conversation with Intel CEO Lip Bu Tan following the company’s strong earnings that sent its stock blasting past its dot-com era peak. Plus, Google plans to invest up to $40 bi

At a time when Hollywood is torn between fear of artificial intelligence stealing jobs and the pressure to cut costs, a new kind of hybrid production studio is launching with the latest AI tools. Innovative Dreams is a new production services company, backed by Amazon Web Service

The DGX Spark platform is familiar territory for us at this point. We’ve reviewed the Dell, ASUS, Acer, and Gigabyte takes on NVIDIA’s GB10 Grace Blackwell reference design, and the core ingredients are consistent across all of them: 1,000 TOPS of FP4 compute, 128GB of unified LP

Websites for some of the world’s most prestigious universities are serving explicit porn and malicious content after scammers exploited the shoddy record-keeping of the site administrators, a researcher found recently. The sites included berkeley.edu, columbia.edu, and washu.edu,

260 things we announced at Google Cloud Next '26 – a recap Sarah Kennedy Vice President, Marketing, Google Cloud Peder Ulander Vice President, Product Marketing, Google Cloud Google Cloud Next ‘26 took place this week in Las Vegas, and the energy was incredible as we welcomed ove

Defense Tech Startups See Opportunity in Ongoing Conflicts The wars in Ukraine and Iran have underscored the growing importance of autonomous air and sea vehicles. Erin Price-Wright, general partner at Andreessen Horowitz, says the conflicts have also been wake-up calls for defe

The more than 20,000 potential job cuts Meta and Microsoft revealed on Thursday, months after Amazon announced its most widespread layoffs ever, may only be the beginning. The same companies that are collectively spending hundreds of billions of dollars a year to build out artifi

Those who suffered through chickenpox as kids likely remember the agony of its itchy rash. Oven mitts or snow gloves may have been used to prevent you from inadvertently clawing your skin off, while dips in oatmeal may have offered some temporary relief. But in the end, you just

A yearslong legal brawl between Elon Musk, the world's richest man, and OpenAI CEO Sam Altman heads to court in Northern California on Monday in a dramatic showdown between two of the most high-profile names in the tech industry. In his $134 billion lawsuit, Musk claimed that Ope

Amazon-Backed Nuclear Firm X-Energy Raises $1.02 Billion in IPO Amazon-backed, nuclear energy firm X-Energy raised $1.02 billion in an upsized initial public offering, the latest sign of renewed enthusiasm for the IPO market. X-Energy CEO J. Clay Sell joins Ed Ludlow on “Bloombe

Google plans to invest up to $40 billion in Anthropic, the companies confirmed on Friday, as tech giants ramp up their strategic investments in the leaders in artificial intelligence. The pact involves an initial $10 billion from Google at Anthropic's latest valuation of $380 bil

Meta, Microsoft Cuts Could Hit 23,000 Jobs Meta and Microsoft are planning layoffs or announcing buyouts that could affect as many as 23,000 jobs as they pivot spending to artificial intelligence. Bloomberg’s Brody Ford and Riley Griffin join Ed Ludlow on “Bloomberg Tech” to bre

NVIDIA and Google Cloud used Google Cloud Next in Las Vegas to outline a new phase of their long-standing engineering partnership, introducing updates to the Google Cloud AI Hypercomputer platform to scale agentic and physical AI for production environments. The companies continu

Artificial Intelligence Building Workforce AI Agents with Visier and Amazon Quick Employees across every function are expected to make faster, better-informed decisions, but the information that they need rarely lives in one place. Workforce intelligence (who is in your organizat

Google plans to invest up to $40 billion in Anthropic and support the AI firm’s growing computing needs, Bloomberg reports. The Alphabet subsidiary is committing to invest $10 billion now, at a $350 billion valuation for Anthropic, with another $30 billion to follow if Anthropic

A US Army soldier was arrested for insider trading after being accused of making prediction-market wagers on the timing of the military’s capture of Venezuelan President Nicolás Maduro. Army soldier Gannon Ken Van Dyke made a profit of nearly $410,000 by making bets on Polymarket

Some 80 million years ago, the late Cretaceous oceans were patrolled by 17-meter mosasaurs, long-necked plesiosaurs, and massive, predatory sharks. For decades, the paleontological consensus was that this was the age of vertebrates; anything without a backbone was lunch. However,