Articles from www.bloomberg.com

Articles from www.bloomberg.com

Russian media says attempts to limit VPN use may have triggered a widespread banking outage, as Moscow intensifies a crackdown on internet use and Telegram (www.bloomberg.com)
1 day ago Russia VPN

Chinese humanoid robot maker UBTech is seeking a chief scientist with an annual pay of as much as ~$18M; China's AI industry has eschewed mega pay packages (www.bloomberg.com)
1 day ago China AI Robot

Sources: Microsoft's Judson Althoff said Copilot sales hit “some pretty big audacious goals” in Q3; only 3% of customers were paying for Copilot as of January (www.bloomberg.com)
1 day ago Microsoft

OpenAI COO Brad Lightcap is transitioning to a special projects role reporting to Sam Altman; Fidji Simo is taking medical leave for several weeks (www.bloomberg.com)
1 day ago

Microsoft partners with SoftBank and Sakura Internet to build AI data infrastructure in Japan, investing $10B over four years and training 1M AI engineers (www.bloomberg.com)
2 days ago Japan Microsoft AI

A domestic shortage of electrical equipment such as transformers and switchgear is forcing the US to rely on Chinese imports, delaying data center construction (www.bloomberg.com)
2 days ago China

Sources: Sarvam AI is close to raising $300M-$350M at a ~$1.5B valuation, which could close as soon as next week; Bessemer Venture Partners is expected to lead (www.bloomberg.com)
2 days ago AI

Sources: SpaceX is floating a $2T+ valuation to prospective investors in its IPO; SpaceX's acquisition of xAI reportedly valued the combined company at $1.25T (www.bloomberg.com)
2 days ago IPO SpaceX

Coinbase says it has won conditional approval from US banking regulators for a national trust company charter, which could let it issue stablecoins and more (www.bloomberg.com)
3 days ago Coinbase

Challenger: US tech sector job cuts rose to 18,720 in March, up 24% YoY, taking the Q1 total to 52,000+; AI accounted for 25% of layoffs across all industries (www.bloomberg.com)
3 days ago AI Layoffs

Sources: Chinese optics company and Nvidia supplier Innolight confidentially filed for a Hong Kong IPO that could raise $3B+; Innolight is listed in Shenzhen (www.bloomberg.com)
3 days ago China Hong Kong IPO Nvidia Shenzhen

Alibaba releases Qwen3.6-Plus, its third proprietary, closed-source AI model launched within a three-day period, saying it “drastically enhanced” agentic coding (www.bloomberg.com)
3 days ago Alibaba AI

A profile of Microsoft CFO Amy Hood, who paused some data center expansion last year, a decision some say led to its current supply crunch and growth bottleneck (www.bloomberg.com)
3 days ago Microsoft

In a joint filing, Elon Musk and the US SEC say they are ready to move toward a trial over Musk's alleged failure to disclose his Twitter stake in 2022 (www.bloomberg.com)
3 days ago Twitter Elon Musk

Super Micro co-founder Yih-Shyan Liaw pleads not guilty to US federal charges of helping smuggle billions of dollars' worth of Nvidia-powered servers to China (www.bloomberg.com)
3 days ago China Nvidia

Sources: SpaceX has filed confidentially for an IPO, putting it on track for a June listing; it could reportedly seek a valuation of $1.75T+ and raise ~$75B (www.bloomberg.com)
4 days ago IPO SpaceX

Secondary share marketplaces say OpenAI shares have fallen out of favor, in some cases becoming difficult to unload, as investors pivot quickly to Anthropic (www.bloomberg.com)
4 days ago

Intel agrees to pay $14.2B to repurchase Apollo's 49% stake in the Fab 34 joint venture in Leixlip, Ireland, and plans to issue $6.5B in new debt to fund it (www.bloomberg.com)
4 days ago Intel Ireland

Sources: amid the Iran war, Asian bankers say rising power prices and energy security are becoming a bigger consideration in data center financing decisions (www.bloomberg.com)
4 days ago Energy Iran

Malta is opposing EU plans to centralize crypto supervision under ESMA, seeing it as a politically motivated assault on its success in attracting crypto firms (www.bloomberg.com)
4 days ago Malta

A profile of Pakistan Virtual Assets Regulatory Authority Chairman Bilal Bin Saqib, who has used crypto diplomacy to help Pakistan win over President Trump (www.bloomberg.com)
4 days ago Trump Asset

Analysis: half of Asia's 10 most volatile stocks are recent AI IPOs, including China's Moore Threads and MiniMax, driven by thin institutional ownership (www.bloomberg.com)
4 days ago China IPO Asia AI

Grab, in partnership with WeRide, launches a robotaxi service in Singapore, becoming Southeast Asia's first ride-hailing provider to offer a driverless service (www.bloomberg.com)
4 days ago Asia Singapore Southeast Asia

Perplexity faces a proposed class action lawsuit alleging it shared users' personal data with Meta and Google even in Incognito mode, violating CA privacy laws (www.bloomberg.com)
4 days ago Google

Source: Google plans to release a screenless Fitbit band later this year; it will include basic features and require a paid subscription for more functionality (www.bloomberg.com)
4 days ago Google

Sources: Microsoft is in talks with Chevron and investment fund Engine No. 1 over a $7B Texas power plant that would initially generate 2.5 GW of electricity (www.bloomberg.com)
4 days ago Microsoft Texas

Iranian media: Iran arrested 46 people allegedly in a network selling Starlink terminals and seized 139 terminals; there are an estimated 50K terminals in Iran (www.bloomberg.com)
4 days ago Iran

Monzo is shuttering its US operations to focus on scaling in the UK and Europe; source: it will lay off ~50 employees and close clients' accounts in June (www.bloomberg.com)
4 days ago Europe

Google researchers warn that quantum computers may crack elliptic-curve cryptography, which helps secure crypto wallets, with 20x fewer resources than expected (www.bloomberg.com)
4 days ago Google Quantum

Sources: Apple is testing letting Siri process multiple requests in a single query in iOS 27, and explored a Grammarly-like keyboard that expands autocorrect (www.bloomberg.com)
4 days ago IOS Apple

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