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Bloomberg

Apollo, Blackstone Fund AI Boom

Apollo and Blackstone are teaming up on a massive $35 billion AI financing deal that could reshape how artificial intelligence infrastructure gets funded. Bloomberg's Emily Graffeo joins Bloomberg Open Interest to explain why Wall Street is creating new financing models for expensive AI chips, how Anthropic and Broadcom fit into the deal, and why this could be the beginning of an entirely new AI investment category.

Leia mais: Apollo, Blackstone Fund AI Boom
Grafa
Technology

EU orders Meta to grant rival AI assistants free access to WhatsApp

European Union antitrust regulators ordered Meta Platforms (NASDAQ:META) to grant competing artificial intelligence chatbots free access to its WhatsApp messaging service, utilizing emergency interim powers for the first time in 17 years to protect startup developers while a broader market-power investigation proceeds.

Leia mais: EU orders Meta to grant rival AI assistants free access to WhatsApp
Bloomberg

No Chips Can Be Designed Without Synopsys, CEO Says

Sassine Ghazi, Synopsys chief executive officer, talks about the growth of artificial intelligence, how it's integrated Ansys, an engineering software company it bought last year, and he says there are no chips that can be designed today without Synopsys. He speaks to Bloomberg's Romaine Bostick at the Mizuho Technology Conference in New York.

Leia mais: No Chips Can Be Designed Without Synopsys, CEO Says
Bloomberg

Treasury Market Signals Rates Need to Be Higher

The $31 trillion Treasury market has an unequivocal message for Kevin Warsh's Federal Reserve: Interest rates aren't high enough. The reset upwards only intensified last week after the latest read on job growth topped all forecasts, reinforcing a growing conviction that rates need to rise in order to rein in inflation pressures and temper the risk of an AI-induced boom overheating the economy. David Seif, Chief Economist for Developed Markets at Nomura, discusses his expectations for the Fed's path forward.

Leia mais: Treasury Market Signals Rates Need to Be Higher
Grafa

Tango Therapeutics stock rockets 53% on pancreatic cancer data

Tango Therapeutics (NASDAQ:TNGX) shares climbed to a record high after the company unveiled initial clinical data showing that its experimental oncology asset, vopimetostat, shrunk tumors in nearly all evaluated pancreatic cancer patients when combined with Revolution Medicines' daraxonrasib.

Leia mais: Tango Therapeutics stock rockets 53% on pancreatic cancer data