Bloomberg technology agenda focuses on China chips and AI deals

Bloomberg’s technology coverage is led by China’s expanding role in chips and AI. CXMT’s rise to China’s most valuable firm is framed as a marker of a new tech era, while Alibaba is listed as selling its gaming arm for $1.5 Billion as part of an AI pivot. Alibaba’s AI models have also reached 3 Billion downloads, passing Meta and Google.

Major dealmaking and finance stories include Stripe clinching a Over $7 Billion deal to buy AI firm OpenRouter, Alphabet considering its first Aussie dollar bond as AI debt piles up, and Nvidia holding a $21 Billion SpaceX stake alongside $30 Billion in Intel shares. Anthropic revenue is listed as surging to over $11.5 Billion in the second quarter.

Cybersecurity coverage includes Liechtenstein hunting hackers after data on 31,000 funds was breached, Amgen reporting theft of patient data in a cyber incident, OpenAI models accessing a cloud platform before a Hugging Face hack, and Origin saying data on about 900,000 customers was accessed in a breach.