Articles from www.bloomberg.com

Articles from www.bloomberg.com

Anthropic, Blackstone, and Hellman & Friedman's unnamed enterprise services JV buys Fractional AI, its first deal; sources say Fractional ends its OpenAI deal (www.bloomberg.com)
22 minutes ago AI

Taiwan is seeking to detain three people for forging documents to export Nvidia-powered Super Micro servers to China, Hong Kong, and Macau, breaking US rules (www.bloomberg.com)
2 hours ago China Hong Kong Taiwan Nvidia

SpaceX S-1: Valor Equity Partners founder Antonio Gracias, a longtime Elon Musk ally, controls a 7.3% stake in SpaceX, the second-largest holder after Musk (www.bloomberg.com)
2 hours ago Elon Musk Equity SpaceX

Analysis: Samsung could distribute ~$26.6B to chip employees, or ~$340K each for its 78,000 staff, as a bonus in early 2027 as part of a last-minute union deal (www.bloomberg.com)
2 hours ago Samsung

Sources: Manus' co-founders are in talks to raise $1B+ to buy back the Chinese-founded company, after Beijing ordered Meta to unwind its $2B acquisition (www.bloomberg.com)
3 hours ago China

SpaceX files publicly for its IPO, choosing Nasdaq to make its debut under the symbol SPCX (www.bloomberg.com)
15 hours ago IPO SpaceX

An interview with Match Group CEO Spencer Rascoff about plans for Tinder, including a redesign, AI features, live events, and group dating to win over Gen Z (www.bloomberg.com)
21 hours ago Interview AI

Socket, which helps companies safeguard open-source code against hackers, raised $60M led by Thrive Capital at a $1B valuation (www.bloomberg.com)
22 hours ago

Exa, which offers a search engine that is designed for AI agents, raised $250M led by a16z at a $2.2B valuation, up from $700M in September 2025 (www.bloomberg.com)
23 hours ago AI

Owl & Co. report: the podcast industry generated $9.2B in sales globally in 2025, up 23% YoY; 73% of the growth in the US came from video-related revenue (www.bloomberg.com)
23 hours ago

Alibaba's T-Head unveils the Zhenwu M890 AI chip for training and inference, saying it is particularly suited for agentic tasks, and plans annual upgrades (www.bloomberg.com)
1 day ago Alibaba AI

Samsung Electronics rejects a labor union-accepted mediation proposal, raising the prospect of a workers' strike; a general work stoppage will proceed on May 21 (www.bloomberg.com)
1 day ago Samsung

Sources detail growing concerns inside SoftBank over Masayoshi Son's $60B+ bet on OpenAI, which some fear concentrates too much capital into a single company (www.bloomberg.com)
1 day ago

Sources: SpaceX expects to proceed with its acquisition of Cursor 30 days after its public trading debut, which is expected to occur on June 12 (www.bloomberg.com)
1 day ago SpaceX

Roblox authorizes its first share buyback program, aiming to repurchase up to $3B of its stock, including $1B over the next year; RBLX is down ~45% YTD (www.bloomberg.com)
1 day ago

Sources: Google DeepMind has reached a ~$100M deal to hire 20+ researchers from Contextual AI, including CEO Douwe Kiela, and license its technology (www.bloomberg.com)
1 day ago Google AI

At a hearing, two of three judges of a federal appeals court appeared skeptical of Anthropic's bid to block the DOD from designating it a supply-chain risk (www.bloomberg.com)
1 day ago

Sources: Apple Chief Hardware Officer Johny Srouji is reorganizing hardware development to integrate silicon teams with product creation and speed up their work (www.bloomberg.com)
1 day ago Apple

NYSE owner Intercontinental Exchange partners with financial infrastructure company Ornn to launch USD-denominated futures contracts for computing power (www.bloomberg.com)
1 day ago

NextEra's $67B deal for Dominion, the largest utility acquisition in US history, signals an era of utility consolidation to accommodate AI-driven power demand (www.bloomberg.com)
1 day ago AI

CertiK: physical attacks on crypto holders rose 75% YoY to 72 confirmed cases and $41M in known losses in 2025; Coinbase spent ~$7.6M to protect Brian Armstrong (www.bloomberg.com)
2 days ago Coinbase

Chinese flash memory chipmaker YMTC says it officially initiated a pre-listing tutoring process with local brokers, marking the first formal step toward an IPO (www.bloomberg.com)
2 days ago China IPO

Sources: Chinese AI startup Moonshot told investors it would revamp its corporate structure to pave the way for a Hong Kong IPO and comply with Beijing's rules (www.bloomberg.com)
2 days ago China Hong Kong IPO Startup AI

Monzo reports FY 2026 revenue up 39% YoY to £1.7B, pre-tax profit up 44% to £87.3M, users up 3M to 15M+, and deposits up 55% to £25.7B, as it expands lending (www.bloomberg.com)
2 days ago Tax

Sources: Analog Devices, one of the largest analog chip makers, is in talks to buy Empower, which makes chips used to regulate voltage, for $1.5B in cash (www.bloomberg.com)
2 days ago

A deep dive into Meta's Hyperion data center campus in Louisiana, expected to reach 5 GW of compute capacity; source: Meta plans to spend $200B+ on the project (www.bloomberg.com)
2 days ago

Sources: AI chip designer Tenstorrent has drawn takeover interest from Intel and Qualcomm; Tenstorrent could be valued at more than $5B in a potential deal (www.bloomberg.com)
2 days ago Intel AI

Akamai is seeking to raise $2.6B in a convertible bond offering, and plans to use $350M of the offering to buy back its common stock from buyers of the bonds (www.bloomberg.com)
2 days ago

Uber increases its stake in Delivery Hero to 19.5%, up from 7% in April, and says it “has no intent to acquire 30% or more” of Delivery Hero's voting rights (www.bloomberg.com)
2 days ago Uber

Sources: competition for Google's TPUs among its employees and researchers intensified as it prioritizes cloud customers and flagship AI products over research (www.bloomberg.com)
2 days ago Google AI

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