(Bloomberg) — Figma Inc.’s 250% surge in its debut session is the kind of coming-out party every startup dreams of when it goes public.Most Read from BloombergThe World’s Data Center Capital Has Residents SurroundedAn Abandoned Art-Deco Landmark in Buffalo Awaits RevivalWe Should All Be Biking Along the BeachBudapest’s Most Historic Site Gets a Controversial RebuildSan Francisco in Talks With Vanderbilt for Downtown CampusThe finely choreographed process for the $1.2 billion IPO, culminating in
How AI, 3D printing, and crypto are aiding and abetting art theft
Reddit revenue soars as it bets on AI and advertising
Reddit reported its Q2 earnings, and it’s clear that its focus on AI has ramped up significantly.
Amazon boosts capex to more than $118 billion as AI cloud arms race heats up
CNBC’s MacKenzie Sigalos reports on Amazon’s move to raise its quarterly capital spending to $31.4 billion, setting an annualized pace above $118 billion and escalating the hyperscaler race against Microsoft and Alphabet to dominate AI infrastructure.
AI in higher education: How UNCW is tackling the age of artificial intelligence
Is artificial intelligence causing more harm than good in the classroom? That’s the big question at UNCW as AI reshapes the landscape of higher education.
💼 Apple Plans Major AI Investments and M&A
Apple is seeking to significantly enhance its AI capabilities through mergers and acquisitions, having already completed seven in 2025. This strategic shift signifies an increased focus on AI technology amidst market competition and aims to improve Apple’s position in machine learning and artificial intelligence applications.
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AI startup Anaconda valued at $1.5 billion in Series C funding
Anaconda, a provider of open-source Python software for data science and AI, has raised more than $150 million in a Series C funding round, valuing the startup at about $1.5 billion.
Opinion | The costs of powering the AI revolution
Energy use, climate change and workers rights should all be considered.
Apple plans to ‘significantly’ grow AI investments and is open to M&A
Apple is open to M&A to accelerate its AI strategy, and says it’s made seven acquisitions this year so far.