Articles from www.bloomberg.com

Articles from www.bloomberg.com

Inside the first Stargate AI data center in Abilene, Texas: thousands working to build eight near-identical structures, startup Crusoe spending $12B, and more (www.bloomberg.com)
2025-5-20 Startup AI Texas

Malaysia downplays its deal to use Huawei chips to build a first-of-its-kind AI system by 2026, underscoring its delicate position in the US-China AI race (www.bloomberg.com)
2025-5-20 China AI Malaysia

Chinese government data: smartphone exports including iPhones fell 72% MoM to $688.5M in April, the lowest since 2011, outpacing a 21% drop in overall shipments (www.bloomberg.com)
2025-5-20 China

A look at South Korea's Bithumb as it preps for a 2025 IPO; Kaiko says Bithumb held 36% of the country's crypto trading in Jan. 2024, up from 11.5% in Jan. 2023 (www.bloomberg.com)
2025-5-20 Korea IPO

Sources: Nintendo picked Samsung to make Switch 2 chips, aiming to ramp output and sell 20M+ units by March 2026, a key win for Samsung as it competes with TSMC (www.bloomberg.com)
2025-5-20 Samsung Nintendo

GENIUS Act, a stablecoin bill, advances in the US Senate after a group of Democrats dropped their opposition, marking a major win for the crypto industry (www.bloomberg.com)
2025-5-20 Democrat Senate

Huawei launches its first laptops running on HarmonyOS, including the 18-inch foldable MateBook Fold, and is working to make the OS compatible with 2,000+ apps (www.bloomberg.com)
2025-5-20

Source: the US DOJ has opened a probe into a recent data breach at Coinbase; Coinbase says it's working with the DOJ and other law enforcement agencies (www.bloomberg.com)
2025-5-20 Coinbase

Graphiant, a San Jose-based NaaS startup, raised a $19M Series B extension led by Aramco's Wa'ed and Saudi Telecom's Tali, bringing the round total to $102M (www.bloomberg.com)
2025-5-20 Startup

A profile of Anthropic CEO Dario Amodei, who transformed himself from an academic into a CEO; as of April, Anthropic was on track to hit $2B in annual revenue (www.bloomberg.com)
2025-5-20

Salesforce says it is discounting Slack for US agencies, by as much as 90%, through November, following similar deals by Adobe and Google (www.bloomberg.com)
2025-5-20 Google Adobe Salesforce Slack

Filing: Taiwan-based Apple supplier Hon Hai plans to inject $1.5B into its India unit via its Singaporean subsidiary, as production shifts away from China (www.bloomberg.com)
2025-5-20 China India Taiwan Apple

The UK says hackers breached its Legal Aid Agency to steal a “significant amount of personal data” from those who receive legal aid across England and Wales (www.bloomberg.com)
2025-5-19

A profile of Anthropic CEO Dario Amodei, who transformed himself from an academic into a CEO; as of mid-April, Anthropic was on track for $2B in annual revenue (www.bloomberg.com)
2025-5-19

Nvidia unveils NVLink Fusion, letting customers use its NVLink to pair non-Nvidia CPUs or accelerators with Nvidia's products in their own rack-scale setups (www.bloomberg.com)
2025-5-19 Nvidia

A look at the reasoning behind David Zaslav's strategy to rebrand HBO Max as Max, its failure to broaden the streamer's appeal, and the push to bring “HBO” back (www.bloomberg.com)
2025-5-19

How the crypto industry is adapting to the recent wave of kidnappings, from more extensive security around conferences, to a rise in personal bodyguards, more (www.bloomberg.com)
2025-5-19

Sources: Cyera is raising $500M led by Lightspeed, Greenoaks and Georgian in a round valuing the data security company at $6B, up from 2024's $3.4B valuation (www.bloomberg.com)
2025-5-19

Sources detail Apple's AI efforts, including John Giannandrea's tenure, Craig Federighi's initial lack of interest in LLMs, and its acquisitions, including Siri (www.bloomberg.com)
2025-5-19 AI Apple

Eight workers, from a nurse dealing with hospital discharge planning algorithms to a salon owner with AI-generated hairstyles, share how AI changed their work (www.bloomberg.com)
2025-5-19 AI Algorithm

How rapid advances in AI are helping Harvard's Galileo Project and other UFO research efforts process huge amounts of data in real time from multiple sources (www.bloomberg.com)
2025-5-18 AI

Deep dive on the evolution of Microsoft's relationship with OpenAI, from its $1B investment in 2019 through Copilot rollouts and ChatGPT's launch to present day (www.bloomberg.com)
2025-5-17 Microsoft

Michael Novogratz says Galaxy Digital is in talks with the US SEC about tokenizing its own stock as well as other equities using its digital-asset platform (www.bloomberg.com)
2025-5-17 Asset Equity

Sources: Binance and Kraken have been targeted by the same type of social engineering hack recently disclosed by Coinbase, but were able to fend off the attacks (www.bloomberg.com)
2025-5-17 Coinbase

Sources: OpenAI is expected to be a primary anchor tenant for a 5 gigawatt UAE data center, which could become one of the world's largest at 10 square miles (www.bloomberg.com)
2025-5-17

The FCC approves Verizon's $9.6B acquisition of Frontier Communications after Verizon agreed to pare back what Brendan Carr called “invidious” DEI practices (www.bloomberg.com)
2025-5-17

Apple denies removing Fortnite from alternative marketplaces in the EU and says it asked Epic Sweden to resubmit the app update excluding the US App Store (www.bloomberg.com)
2025-5-17 Apple Sweden

Sources: the US mulls a deal to let the UAE import 500,000 of the most advanced AI chips each year until 2027; ~20% would go to G42 and the others to US firms (www.bloomberg.com)
2025-5-17 AI

Charter Is in Talks to Combine with Rival Cox Communications (www.bloomberg.com)
2025-5-16

Sources: ByteDance expects 2025 revenue to grow 20% YoY to $186B vs. 29% growth in 2024, driven by TikTok's global expansion; ByteDance has 4B MAUs across apps (www.bloomberg.com)
2025-5-16

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