Skip to main content

AustraliaBreaking News

Bloomberg

Thiel-Backed Olympics Competitor Goes Public

An Olympics-style sports event that welcomes performance-enhancing drugs is set for later this month in Las Vegas. The company behind that endeavor just went public in a merger with a blank-check company, a SPAC deal that valued it at $1.2 billion with backing from Peter Thiel and former Coinbase CTO Balaji Srinivasan. Enhanced CEO Maximilian Martin joins Caroline Hyde from the floor of the New York Stock Exchange on "Bloomberg Tech."

Read more
Bloomberg

CoreWeave's Q1 Earnings Were 'Transformational,' CEO Says

CoreWeave CEO Michael Intrator characterizes the company's first-quarter earnings as transformational, highlighting strong performance across revenue and operating margins. Speaking on "Bloomberg Tech," Intrator emphasizes robust demand from existing AI-native and cloud customers, as well as new verticals such as trading and finance firms and robotics companies integrating AI at scale.

Read more
Bloomberg

Akamai's $1.8B AI Power Move

Akamai CEO Tom Leighton joined Bloomberg Open Interest to break down a massive $1.8B AI cloud deal. He explains why it signals a shift away from big tech hyperscalers and how edge computing is becoming essential for stopping AI-powered cyberattacks, cutting costs, and delivering faster performance.

Read more
Bloomberg

How Gen Z Is Changing Charity

Gen Z is redefining generosity according to GoFundMe. The CEO Tim Cadogan reveals that young people aren't just talking about change they're giving more than any other generation, driven by social connection, identity, and digital sharing. And personal giving is actually boosting nonprofits, not hurting them.

Read more