Luxor raises $16 million to expand AI computing
Luxor Technology Corporation has raised $16 million in strategic funding led by CMT Digital to expand its AI computing business.
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Luxor Technology Corporation has raised $16 million in strategic funding led by CMT Digital to expand its AI computing business.
UBS CEO Sergio Ermotti speaks to Bloomberg's Stephen Carroll after the lender posted third-quarter profit broadly in line with expectations, with a surge in client inflows potentially buoying the outlook for the global wealth manager. The Zurich-based bank said net income in the three months through September was $2.69 billion, while net new assets in the wealth unit came in at $55.1 billion, led by Asia Pacific and the Americas.
Rangu Salgame, Chairman and CEO of Princeton Digital Group, says India, Australia, Japan and South Korea are poised to drive significant data center demand as AI adoption accelerates. He also discusses the company's financing strategy and focus on investment-grade hyperscalers.
Deutsche Bank CFO Raja Akram discusses earnings, the AI boom and the outlook for markets. He talks with Bloomberg's Oliver Crook after the lender's revenue from fixed-income trading declined in the third quarter, meeting analyst estimates.
Zcash (ZEC) co-founder Sean Bowe has proposed ending the 8% block subsidy allocation to Zcash Community Grants and redirecting it to the Network Sustainability Mechanism.
Robinhood Markets Inc (NASDAQ:HOOD) generated record third-quarter revenue of $1.42 billion, up 12% year-on-year, for the period ended 30 September 2026.
Bithumb reported a breach of its internal employee system as South Korean financial firms faced cyberattacks, according to Yonhap News Agency.
VanEck has launched the Wealth Builder ETF (NYSE Arca:WBMO), combining global equities, bonds, real assets and Bitcoin exposure in one fund.
Kevin Choi, Permanent Secretary for Innovation, Technology and Industry at the Hong Kong SAR Government, says the city needs to expand its real economy beyond the financial sector, with innovation becoming a second engine of growth. He speaks exclusively on the sidelines of the One Earth Summit in Hong Kong.
Poman Lo, Founder of One Earth Summit and Vice Chairman and Managing Director at Regal Hotels Group, discusses her push for sustainability and the opportunities she sees in student housing.
Zhang Yaqin, Chair Professor and Founding Dean of AI Industry Research, and former President of Chinese tech firm, Baidu, discusses his outlook for AI innovation coming from university labs in China. He speaks with David Ingles on the sidelines of the One Earth Summit in Hong Kong on "Bloomberg: The Asia Trade".
Traders are bracing for the Indian market debut of Jio Platforms. The listing pits Mukesh Ambani's telecom giant against a negative trend for India's megadeals amidst a challenging market environment.
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