The curated online marketplace Maisonette is expanding it to what it describes as an untapped market by launching a new platform targeted to tweens and teens. President AJ Nicholas saying the company is looking to tap into the demographic of kids that "start to exert some independence and autonomy and really have a say over their style." As Maisonette has been around for 9 years, Nicholas says its important that the company grows organically as its customers' families grow up as well, allowing […]

Allie Miller, CEO of Open Machine, shared insights on how top technology companies are managing their AI investments to balance cost and return. She explained that frontier companies typically divide their AI efforts into two groups: one focused on raising the baseline capabilities across departments like finance, legal, marketing, and sales with modest subscription-level spending, and a second, smaller 'frontier' team that operates with significantly higher budgets and greater experimentation […]

"Bloomberg Real Yield" highlights the market-moving news you need to know. Today's guests: Ian Lyngen, Head of US Rates Strategy at BMO Capital Markets, Stephanie Roth, Chief Economist at Wolfe Research, Meghan Robson, Head of US Credit Strategy at BNP Paribas, and Milwood Hobbs, Deputy CIO of Oaktree's Strategic Credit Platform. (Source: Bloomberg)

Peggy Johnson, CEO of Agility Robotics, discussed the company's upcoming public debut, positioning it as the only pure-play US public company focused on humanoid robots with proven commercial applications. Agility Robotics is valued at a $2.5 billion pre-money valuation and expects to go public in the fall. She speaks with Romaine Bostick & Sally Bakewell on "The Close." (Source: Bloomberg)

OpenAI rolled out support on Thursday for controlling Apple Inc.’s iMessage service via ChatGPT, a move with the potential to raise privacy concerns for the iPhone maker.

Tech firms are trying to quell growing opposition to their AI plans

Anna Ashton, former Defense Department analyst for China, says that the US has significantly weakened its relationships and its weapons stockpiles ahead of President Xi's visit to the US in September and that Xi Jinping feels as if he has the upper hand heading into those talks. Ashton also weighed in on the US positioning in the region amid war with Iran, saying that the US is giving Beijing numerous signals that it's 'abandoning the Pacific as an area of primary focus.' (Source: Bloomberg)

Bloomberg journalists answer your questions about how the demand for AI data centers has sparked outrage across the US in a Live Q&A on Wednesday, Aug. 26 at 1 p.m. EDT.