Bloomberg

2026-10-06

REGULATION · 1 SOURCE · The Verge AI

Companies test redefining 'recording' for always-listening AI devices

Opinion piece argues that tech firms are pushing a new definition of 'recording' by having AI-equipped cameras and microphones process sensory data into ephemeral transcripts or summaries and delete raw data, citing Apple's Audio Intelligence (Live Rewind, Siri Recap) and rumored no‑save cameras as examples and noting Google's interest. The article raises concerns that saved AI outputs like transcripts may still functionally be recordings and that changing definitions could affect privacy norms and legal access to data.

6.0

2026-10-05

STARTUPS · 1 SOURCE · The Verge AI

Nolla Health begins Utah pilot letting its AI issue acne prescriptions

Nolla Health announced a Utah pilot where users can scan their face in its app for an AI analysis of acne severity that can autonomously generate prescriptions for mild-to-moderate acne. The program starts with tight physician oversight (two doctors pre-approve AI prescriptions for the first 100 patients), then shifts to post-issuance review up to 500 patients and later to monthly sample reviews; the service costs $4.99/month and is limited to Utah residents 18+—Nolla says its system can prescribe eight treatments and claims it is the first in the U.S. to issue initial AI-generated acne prescriptions.

7.0

2026-09-29

MONEY · 1 SOURCE · TechCrunch AI

OpenAI reportedly in talks to raise $30B at $1.4T valuation

Bloomberg reports OpenAI is in talks with investors to raise at least $30 billion in a pre-IPO funding round at an approximate $1.4 trillion valuation; the round would serve as a bridge to an eventual IPO. The report cites a 70% jump in run-rate revenue to $40 billion in August and notes OpenAI previously raised $122 billion in March at an $852 billion valuation; CEO Sam Altman has said OpenAI will not pursue an IPO in 2026 to prioritize AI safety.

8.0

2026-09-27

MONEY · 1 SOURCE · The Decoder

Goldman Sachs forecasts Big Tech will spend $1.2 trillion on AI infrastructure in 2027

Goldman Sachs, via strategist Ryan Hammond cited by Bloomberg, estimates Amazon, Alphabet, Microsoft, Oracle and Meta will spend a combined $1.2 trillion on AI infrastructure in 2027—about 50% above this year's roughly $800 billion and above Wall Street consensus of $1.1 trillion. Goldman warns growth will slow after 2026, that companies may need roughly $300 billion a year in AI revenue to justify the outlays, that current spending already exceeds operating cashflow (implying more debt financing), and that bottlenecks in power, labor and memory chips could constrain the buildout.

7.0

2026-09-25

MONEY · 1 SOURCE · TechCrunch AI

British AI neocloud Nscale secures $3.36B convertible financing ahead of U.S. IPO

Nscale said it has secured $3.36 billion in financing structured as a convertible note ahead of its planned U.S. IPO. The round, led by Third Point, provides $2.36 billion immediately and a further $1 billion from existing investor Nvidia arriving in mid-November; the notes will convert to equity on completion of the IPO. Nscale filed IPO paperwork last week, is expected to be valued at about $35 billion, is seeking to raise $3 billion in the offering, and is developing large AI data center campuses including in Norway and West Virginia.

8.0

2026-09-24

COMPANIES · 1 SOURCE · TechCrunch AI

Oracle issues force majeure notice for Project Jupiter (Stargate New Mexico data center)

Oracle has sent a force majeure notice to the developer of Project Jupiter, the Stargate data center campus in New Mexico, according to Bloomberg; the notice would allow Oracle to delay payments if the facility misses its 2028 target to come online. Oracle and the developer’s owner (Blue Owl Capital) say commitments remain intact, but the site has faced energy-supply setbacks including a delayed Energy Transfer gas pipeline and pending permits for Bloom Energy fuel cells.

7.0

2026-09-24

COMPANIES · 1 SOURCE · The Verge AI

Meta's Muse Charm will interact with nearby Charms and include a built-in 5G modem

Bloomberg reports that Meta's handheld Muse Charm — which hosts the Muse AI agent — will recognize and interact with other nearby Charms when it launches later this year. The device is said to include a built-in 5G modem (so it can work without Wi‑Fi), a two‑inch OLED touchscreen, a new OS, fingerprint sensor, cameras for visual context, speakers, microphones, USB‑C charging, and will be set up via Meta's Muse app on iOS or Android; Meta CEO Mark Zuckerberg indicated a December launch and sources told Bloomberg pricing could be similar to a smartwatch.

6.0

2026-09-21

COMPANIES · 1 SOURCE · The Verge AI

Mark Gurman on John Ternus, the iPhone Duo launch, and Apple’s AI direction

Bloomberg’s Mark Gurman discusses Apple’s recent hardware event — John Ternus’s first as CEO — which debuted the foldable iPhone Duo and foregrounded Ternus’s public positioning on AI, including the idea of an “intelligent personal hub.” Gurman also contrasts Ternus’s more decisive management style with Tim Cook’s and considers what the changes mean for Apple’s culture and product roadmap as the company pivots toward AI.

7.0