Articles from www.bloomberg.com

Articles from www.bloomberg.com

Internal speech: JD.com founder Liu Qiangdong vows to protect the company's 900,000 employees from AI and automation, saying it will “do everything possible” (www.bloomberg.com)
2026-5-28 AI

The European Commission launches a full review of JD.com's €2.2B acquisition of German electronics retailer Ceconomy under its Foreign Subsidies Regulation (www.bloomberg.com)
2026-5-28 Germany Europe

As the US AI boom drains venture capital from Africa, startups on the continent are pivoting to domestic funding sources, like pension funds and local VC firms (www.bloomberg.com)
2026-5-28 Startup AI Africa

Swedish chip optical component maker Sivers, whose stock is up ~1,700% YTD, giving it a ~$2.5B market cap, has become one of the country's most-shorted stocks (www.bloomberg.com)
2026-5-28 Sweden

Record Q1 data center spending of $6.2B, up ~100% QoQ, boosted Australia's investment growth, supporting an economy strained by energy costs and high rates (www.bloomberg.com)
2026-5-28 Australia Energy

Global AI hardware demand is easing China's concerns over a stronger yuan hurting exports, as AI hardware exports surge and chip equipment imports rise (www.bloomberg.com)
2026-5-28 China AI

Taiwanese tech companies have completed a record $14.5B of debt deals so far this year, as they race to secure financing to meet soaring demand for AI capacity (www.bloomberg.com)
2026-5-28 Taiwan AI

Swiggy CEO Sriharsha Majety says his company plans to stay out of the spending war as Amazon and Flipkart ramp up their quick commerce efforts across India (www.bloomberg.com)
2026-5-28 India Amazon

HP reports Q2 revenue up 9% YoY to $14.4B, vs. $14B est., Personal Systems revenue up 13% to $10.2B, and forecasts Q3 adjusted EPS above estimates (www.bloomberg.com)
2026-5-28

AI coding startup Cognition AI raised more than $1B at a $26B valuation, and says its revenue run rate has increased to $492M from $37M in May 2025 (www.bloomberg.com)
2026-5-28 Startup AI

The EU proposes new satellite access rules to let non-European companies like SpaceX bid for the airwaves, while preserving 33%+ of licenses for local companies (www.bloomberg.com)
2026-5-28 Europe SpaceX

Sources: ByteDance is discussing capex of up to $70B in 2026 as it builds out data centers and AI infrastructure, underwriting it with its $50B profit from 2025 (www.bloomberg.com)
2026-5-27 AI

Source: at a town hall, TSMC CEO C.C. Wei told staff they will see a 30%+ bump in their profit-sharing payouts in 2026 on average, after some staff had concerns (www.bloomberg.com)
2026-5-27

Sources: Germany and Spain are leading opposition to EU plans to ban Chinese suppliers like Huawei from telecom networks as part of new cybersecurity rules (www.bloomberg.com)
2026-5-27 China Germany Ban Spain

Sources: Taiwan suspects three people smuggled at least one Nvidia chip shipment to China after first exporting them to Japan; Taiwan detained them last week (www.bloomberg.com)
2026-5-27 China Japan Taiwan Nvidia

Samsung's largest union approves a pay deal that would give chip workers an average bonus of ~$340K, with ~74% of members voting in favor, staving off a strike (www.bloomberg.com)
2026-5-27 Samsung

SK Hynix tops $1T in market value after shares jumped 11% on Wednesday, becoming the third Asian company to hit the mark; shares surged 900%+ in the past year (www.bloomberg.com)
2026-5-27

Sources: Fireworks AI, which helps companies run AI models, is in talks to raise funding at a $15B valuation after being valued at $4B in October 2025 (www.bloomberg.com)
2026-5-27 AI

Sources: Qualcomm reached a deal with ByteDance to supply millions of ASICs for AI data centers to support AI agents in the Doubao chatbot; QCOM jumps 5%+ (www.bloomberg.com)
2026-5-27 AI chatbot

SEC filing: Quantinuum is seeking to raise $1.05B in its US IPO, marketing ~21M shares for $45 to $50 each, giving it a $12.7B valuation at the top of the range (www.bloomberg.com)
2026-5-26 IPO

Pony AI reports Q1 revenue up 145% YoY to ~$34.3M, above $21.7M est., and increases its 2026 robotaxi fleet target by 500 to 3,500 vehicles on fast growth (www.bloomberg.com)
2026-5-26 AI

Xiaomi reports Q1 revenue down 11% YoY to ~$14.6B, its first quarterly decline in three years, and net income down 57% to $695M amid a global memory price jump (www.bloomberg.com)
2026-5-26 Xiaomi

Sources: Chinese government agencies begin imposing overseas travel restrictions on individuals involved in advanced AI work, including at Alibaba and DeepSeek (www.bloomberg.com)
2026-5-26 China Alibaba AI

SoftBank stock jumped 4.6% to a record high on Monday, spurred by hopes of big returns from the company's stakes in OpenAI and SB Energy Corp if they go public (www.bloomberg.com)
2026-5-26 Energy

Plenary Americas LP, La Caisse's infrastructure arm, agrees to acquire and take private Canadian database company ISC for $872M, expected to close in Q3 (www.bloomberg.com)
2026-5-25 Database Canada

A deep dive into Apple Watch and Health efforts; sources: iOS 27 to get a revamped AirPods control panel and default support for AirPlay rivals like Google Cast (www.bloomberg.com)
2026-5-25 IOS Google Apple

Tether buys out SoftBank's ~26% stake in bitcoin treasury company Twenty One Capital, taking its stake to ~71%; SoftBank's stake was worth ~$679M (www.bloomberg.com)
2026-5-24 Bitcoin

Moment, which develops AI tools for automating fixed-income and equities trading tech, raised a $78M Series C led by Index Ventures, with a16z participating (www.bloomberg.com)
2026-5-24 AI Equity

DeepSeek says it will lower V4 Pro API prices by 75% to $0.435/1M input and $0.87/1M output tokens, making permanent the discount prices set to expire on May 31 (www.bloomberg.com)
2026-5-24

Salesforce's promotional videos showcased Agentforce mock-ups and features that are not widely available, as CEO Marc Benioff defends forward-looking marketing (www.bloomberg.com)
2026-5-24 Salesforce

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