Technology

News and insights on the newest tech, innovations, and digital breakthroughs.

Technology

OpenAI Finalizes $110 Billion Funding at $730 Billion Value

OpenAI has raised $110 billion in a deal that values the startup at $730 billion, representing the ChatGPT maker’s largest funding round to date and bolstering its costly push to secure more computing power and talent for AI development.

Technology

Blackstone AI Bets Drive 20% Gain

Blackstone is riding the AI wave, and wealthy investors are cashing in. Its private equity fund for individuals just posted a 20% net gain, fueled by bold bets on SpaceX, OpenAI, and Anthropic, with nearly 30% of returns tied directly to AI. Viral Patel, CEO of Blackstone's private equity fund BXPE joined Bloomberg Open interest to break down the portfolio and why the AI infrastructure boom may just be getting started. (Source: Bloomberg)

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Sony Expands Buyback Plan Through May to $1.6 Billion

Sony Group Corp. is expanding its ongoing share buyback program to as much as ¥250 billion ($1.6 billion), up from its previously announced ¥150 billion, as part of a push to increase capital efficiency.

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Nvidia CEO says artificial intelligence boom is just getting started: ‘AI is going to be everywhere’

Nvidia CEO Jensen Huang said the artificial intelligence boom is only just beginning, anticipating that AI is "going to be everywhere."

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Apple implementing age verification tool to ensure users are 18 and up for some apps

Apple announced a new age verification tool in Utah and Louisiana, as well as Brazil, Australia and Singapore, to ensure users are 18+ before downloading certain apps.

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Counterpoint’s Einstein on Why Nvidia Needs to Diversify

Counterpoint's Research Director Marc Einstein explains why Nvidia needs to keep diversifying in order to convince investors about its prospects, despite the strong numbers in its latest forecast,. (Source: Bloomberg)

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Nvidia Won’t Deliver Much Upside, Says Seaport’s Goldberg

Seaport Global Senior Analyst Jay Goldberg is the only analyst with a sell on Nvidia. They report earnings after the bell. Goldberg says he sees little scope for meaningful upside. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)

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Anthropic Adds Caveat to AI Safety Policy in Race Against Rivals

Anthropic PBC, known for its commitment to artificial intelligence safeguards, has loosened its central safety policy, saying the change is necessary to remain competitive.

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Fed’s Waller Says He’s Never Seen a Tech Revolution Like AI

Federal Reserve Governor Christopher Waller says the US central bank is moving toward a system-wide deployment of artificial intelligence across regional banks. He speaks at a conference organized by the Boston Fed. (Source: Bloomberg)

Technology

Citrini Report Author Sees AI Disrupting Global Economy

Governments should consider taxing incremental or windfall gains from AI to help offset the impact of job losses, according to Alap Shah, chief investment officer of Lotus Technology Management and co-author of a Citrini Research report highlighting potential tech disruption. Shah says the market reaction to his report was “definitely larger than we expected.” (Source: Bloomberg)

US Seeks Forfeiture of Seized Tanker Carrying Venezuelan Oil

February 27, 2026

OpenAI Finalizes $110 Billion Funding at $730 Billion Value

February 27, 2026

Netflix follows Warren Buffett’s playbook: Don’t overpay, walk away

February 27, 2026

eBay cuts 800 jobs across company operations just days after dropping $1.2B on trendy Gen Z fashion app

February 27, 2026

FedEx says it will return any tariff refunds to customers, shippers who paid them

February 26, 2026

Oil Steadies With More Nuclear Talks Planned as US Forces Gather

February 26, 2026