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Apple Intelligence will reportedly let you choose third-party AI models in iOS 27
Apple Intelligence will reportedly let you choose third-party AI models in iOS 27 It has taken a long time, but Apple seems to be settling into its AI strategy at last and the key seems to be offering options. According to the latest report from Mark Gurman at Bloomberg, Apple plans to let users pick from a lineup of third-party models when asking their devices to perform generative AI tasks. This change is planned to arrive in iOS 27, iPadOS 27 and macOS 27, sources told the publication.
Uber sets AI usage limit for employees after exceeding AI budget
Uber has set usage caps on artificial intelligence (AI)-powered tools like Claude, Cursor used by its employees. According to a Bloomberg report, the ride-hailing firm exceeded its AI budget earlier this year and the latest move is aimed to manage the rising costs. “We think this is all a pretty straightforward way to responsibly encourage agentic AI adoption and experimentation at scale across the company,” an Uber spokesperson said as quoted in the report.
‘Not Nvidia’: Cerebras CEO reveals strategy to break AI giant’s grip
Nvidia may dominate the artificial intelligence (AI) hardware market, but Cerebras Systems doesn’t want to work with the chip giant. The $95 billion AI chip company is positioning itself as a partner to companies looking to build AI infrastructure outside its ecosystem. Speaking at the recent Bloomberg Tech conference in San Francisco, Cerebras CEO Andrew Feldman said the AI chipmaker is working with every major hardware manufacturer in the industry except Nvidia as it expands partnerships...
Amazon Web Services, Microsoft and NVIDIA will provide AI tech to Pentagon
Amazon Web Services, Microsoft and NVIDIA will provide AI tech to Pentagon You can add Amazon Web Services, Microsoft and NVIDIA to the growing list of tech giants that have decided to give the US Defense Department access to their AI tools. According to Bloomberg, the three companies — alongside a forth, Reflection AI — have signed agreements granting the Pentagon use of their AI technologies "for lawful operational use" on classified military networks. "These agreements accelerate the...
Commentary: What if AI retraining is just a comforting lie?
Commentary: What if AI retraining is just a comforting lie? If upskilling is being touted as the bridge to an AI future, it must lead somewhere, says Catherine Thorbecke for Bloomberg Opinion. No one knows whether artificial intelligence will trigger a white-collar jobpocalypse.
All the Ways Wall Street Gets Paid to Fund AI Boom
All the Ways Wall Street Gets Paid to Fund AI Boom Enormous valuations are rewriting the IPO playbook. This article is for subscribers only. Welcome to Bloomberg’s AI Today newsletter.
Google makes biggest-ever equity capital markets transaction of all time
Google is planning to sell $80 billion to fund spending on artificial intelligence (AI) infrastructure. With this sale, the Alphabet-owned tech giant could execute the largest equity capital markets transaction in history. According to data compiled by Bloomberg, Google’s combined offering would top Brazilian oil producer Petroleo Brasileiro SA’s roughly $70 billion sale of common and preferred stock in 2010.
Commentary: SpaceX’s capital needs are out of this world
Commentary: SpaceX’s capital needs are out of this world SpaceX's rising capital needs might be a tough sell ahead of its blockbuster initial public offering, says Chris Bryant for Bloomberg Opinion. Elon Musk’s SpaceX needed comparatively little money to build a world-beating space launch and satellite-broadband firm. But as it reframes itself partly as an artificial-intelligence (AI) infrastructure company - offering both terrestrial and potentially space-based computing capacity - its...
DocuSign Shares Drop After Full-Year Guidance Disappoints Investors
DocuSign's shares declined amid a broadly negative market day following the company's full-year guidance, which failed to excite investors. Allan Thygesen, CEO of DocuSign, discussed the company's AI-powered intelligent agreement management platform, highlighting strong adoption with 40,000 customers currently live on the platform. He speaks with Romaine Bostick and Katie Greifeld on "The Close."
Meta acquires robotics AI startup as it makes the push into humanoid machines
Meta acquires robotics AI startup as it makes the push into humanoid machines Meta has purchased Assured Robot Intelligence (ARI), a startup company that's building artificial intelligence for robots in order to "address critical challenges" in "high-value labor markets." The company is already working on robot hardware and AI in-house, but a spokesperson told Bloomberg that ARI "will bring a deep expertise in how [it] can design [its] models and frontier capabilities for robot control and...