Articles from www.bloomberg.com

Articles from www.bloomberg.com

Amazon replaces Amex with US Bancorp as the issuer for its Prime Business and Amazon Business credit cards that it is relaunching in the coming months (www.bloomberg.com)
5 days ago Amazon Credit Card

Micromobility delivery startup Also, a Rivian spinoff, raised $200M led by Greenoaks at a $1B valuation and enters a multiyear partnership with DoorDash (www.bloomberg.com)
5 days ago Startup

TCL agrees to buy a 51% stake in Sony's global home entertainment business for ~$472M, as the Chinese company seeks to expand overseas; Sony retains a 49% stake (www.bloomberg.com)
5 days ago China Sony

Sources: Tether cuts two senior precious metals traders who joined from HSBC just months ago in its push to build “the best trading floor for gold in the world” (www.bloomberg.com)
5 days ago HSBC

CoreWeave raised an $8.5B loan from banks and investors to expand its cloud computing capacity, in what it says is the largest chip-backed debt deal of its kind (www.bloomberg.com)
5 days ago

Nvidia invests $2B in chipmaker Marvell and says the two companies plan to work on silicon photonics tech, enabling high-speed data transmission; MRVL jumps 9%+ (www.bloomberg.com)
5 days ago Nvidia

Netflix feels comfortable raising prices knowing customers can downgrade to its ad tier; in 2026, Netflix is on track to double 2025's $1.5B+ in ad sales (www.bloomberg.com)
5 days ago Netflix

Sarasota-based Tenex, which offers an AI-enabled managed cybersecurity detection and response service, raised $250M led by Crosspoint at a $1B+ valuation (www.bloomberg.com)
5 days ago AI

Analysis: in 2025, Vietnam surpassed China as the leading supplier of laptops and game consoles to the US for the first time, despite President Trump's tariffs (www.bloomberg.com)
5 days ago Trump China Vietnam

Beijing-based AI company Z.ai reports 2025 revenue of ~$105M, below ~$109M est., and net loss up 60% YoY to ~$680M, vs. ~$545M est., amid aggressive spending (www.bloomberg.com)
5 days ago AI

London-based 9fin, which offers AI tools to help credit traders and investors originate new business efficiently, raised a $170M Series C at a $1.3B valuation (www.bloomberg.com)
5 days ago AI London

Raspberry Pi reports 2025 revenue up 25% YoY to $323.2M, driven primarily by demand in the US and China, and says it sold more chips than computers, a first (www.bloomberg.com)
5 days ago China Raspberry Pi

A look at Babel Audio, which pairs anonymous strangers to record their conversations, starting at $17/hour, and bundles those recordings into AI training data (www.bloomberg.com)
5 days ago AI

OpenAI's ChatGPT app store has 300+ app integrations six months after launch, but developers say adoption is sluggish and the apps offer limited functionality (www.bloomberg.com)
5 days ago

Quinnipiac poll: 55% of Americans say AI will do more harm than good in their day-to-day lives, and 65% oppose building data centers in their community (www.bloomberg.com)
5 days ago U.S. AI

Uber agrees to acquire Berlin-based chauffeur booking app Blacklane for an undisclosed sum to bolster its Uber Elite service, set to close by the end of 2026 (www.bloomberg.com)
6 days ago Germany Uber

OpenAI's ChatGPT app store now has 300+ app integrations six months after its launch, but faces sluggish adoption due to limited functionality for many apps (www.bloomberg.com)
6 days ago

London-based money transfer company Wise plans to launch UK bank accounts, joining an increasingly crowded market; Monzo reports 15M personal and business users (www.bloomberg.com)
6 days ago London

A study finds ~$143M in suspicious profits on Polymarket over two years, using patterns consistent with the use of nonpublic info, as prediction markets boom (www.bloomberg.com)
6 days ago

A look at Amazon's major push into rural US areas, including building 24-hour delivery distribution centers in recent years, encroaching on Walmart's territory (www.bloomberg.com)
6 days ago Amazon Walmart

DeepSeek's chatbot suffered a major outage of over seven hours in China, its biggest outage since debut in 2025 and an unusual downtime for a globally used app (www.bloomberg.com)
6 days ago China chatbot

A look at Coinbase One and other insurance-like plans for crypto users that typically exclude coverage for many kinds of account hacks, including phishing scams (www.bloomberg.com)
6 days ago Insurance Coinbase

Chess grandmasters find new ways to win by making less optimal moves after AI pushed classical chess toward perfect play, breathing new life into the game (www.bloomberg.com)
8 days ago AI

Prediction market bets decided on linguistic technicalities expose how hard it is to turn language into a binary market, with payouts hinging on a single word (www.bloomberg.com)
8 days ago Single Market

Sources: Meta plans to debut two Ray-Ban smart glasses models next week intended for prescription wearers, to be sold mainly via prescription eyewear channels (www.bloomberg.com)
8 days ago Ban

Sources: Physical Intelligence, which is developing AI models for robotics, is discussing a new funding round of about $1B that would value it at $11B+ (www.bloomberg.com)
8 days ago AI Robot Intelligence

Filing: Kalshi has secured a license allowing it to offer margin trading to users, which would make the platform more appealing to institutional investors (www.bloomberg.com)
8 days ago

Sources: Apple plans to open up Siri to run any AI service via App Store apps in iOS 27, dropping ChatGPT as an exclusive partner in Apple Intelligence and Siri (www.bloomberg.com)
8 days ago IOS AI Apple Intelligence

Microsoft will lease Crusoe's 900 MW data center in Abilene, Texas, after Oracle and OpenAI reportedly withdrew, with the first building expected by mid-2027 (www.bloomberg.com)
8 days ago Microsoft Oracle Texas

Source: Thrive Holdings has landed $1B in commitments for a new fundraising deal and is considering raising at least another $1B after strong investor interest (www.bloomberg.com)
9 days ago

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