Articles from www.bloomberg.com

Articles from www.bloomberg.com

Blackstone Digital Infrastructure Trust raised $1.75B in its US IPO, selling 87.5M shares at $20 each, and plans to acquire data centers worth $250M to $1.5B (www.bloomberg.com)
7 days ago IPO

Riyadh-based Stitch, which develops software for banks and financial services companies, raised a $25M Series A led by a16z, its first investment in the Gulf (www.bloomberg.com)
7 days ago

OpenAI says it would support a global AI governance body that is led by the US and includes China as a member, similar to the International Atomic Energy Agency (www.bloomberg.com)
7 days ago China Energy AI

Sources: Apollo Global, Morgan Stanley, and others are testing Grok internally as part of xAI's finance sector push, but financiers are rarely using it for work (www.bloomberg.com)
7 days ago Morgan Stanley

Musk v. Altman: Microsoft executive Michael Wetter testifies that Microsoft has spent $100B+ on its partnership with OpenAI, including its original investments (www.bloomberg.com)
7 days ago Microsoft

Sources: Mistral has been developing a cybersecurity-focused AI model and held discussions about it with European banks, which don't have access to Mythos (www.bloomberg.com)
7 days ago Europe AI

Sources: Arm and SoftBank expressed preliminary interest in acquiring Cerebras weeks before its expected IPO; Cerebras rebuffed them (www.bloomberg.com)
7 days ago IPO

A profile of California Rep. Ro Khanna, who spent years cheering on the tech industry and now supports a 5% billionaire wealth tax and stricter AI regulations (www.bloomberg.com)
8 days ago Tax AI California

Poland says it plans to proceed with a digital services tax of up to 3% on large digital platforms, despite threats of retaliation like tariffs from the US (www.bloomberg.com)
8 days ago Tax Poland

Analysts: China's AI hardware suppliers face capacity constraints and component shortages, including optical and electronic chips, that may limit 2026 growth (www.bloomberg.com)
8 days ago China AI

Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (www.bloomberg.com)
8 days ago Alibaba AI 4Q

Tencent reports Q1 revenue up 9% YoY to ~$28.9B, below ~$29.4B est., and net income of ~$8.5B, meeting est., amid a costly AI pivot; its stock is down 23% YTD (www.bloomberg.com)
8 days ago AI Tencent

How the Strait of Hormuz blockade is disrupting global chip supply chains, affecting supplies of helium, bromine, sulfur, and thinners essential to chipmaking (www.bloomberg.com)
8 days ago

An analysis of Tokenomist.ai data: Trump family members made ~$1.55B from sales of World Liberty Financial's WLFI tokens, lifting their total fortune by ~$660M (www.bloomberg.com)
8 days ago Trump AI

Analysis: contract prices for NAND chips are up 600%+ since late September 2025, while those for DRAM chips are up ~400%, with analysts expecting further gains (www.bloomberg.com)
8 days ago

Metis TechBio, a biotech company using AI to deliver and formulate drugs, surged as much as 185% in its Hong Kong market debut after raising ~$270M in its IPO (www.bloomberg.com)
8 days ago Hong Kong IPO AI Biotech

Sources: Anthropic is in early talks to raise at least $30B at a $900B+ valuation; the round is expected to close as soon as the end of this month (www.bloomberg.com)
8 days ago

Sources: Apple plans to make the Camera app fully customizable in iOS 27, along with noticeable design changes across Siri, Safari, Weather, and more (www.bloomberg.com)
8 days ago IOS Apple

Musk v. Altman: Altman testified that in 2017 Musk demanded complete control of a proposed OpenAI for-profit arm, musing that he would pass it to his children (www.bloomberg.com)
8 days ago

Anthropic names eight unauthorized secondary market sellers of its shares, including Hiive and Forge Global, warning that any share transactions there are void (www.bloomberg.com)
8 days ago

Anthropic announces 12 Claude plugins for the legal sector, including a “commercial counsel” tool for reviewing vendor agreements and a bar exam study tool (www.bloomberg.com)
8 days ago

Sources: Wispr AI, the developer of the voice dictation tool Wispr Flow, is in talks to raise ~$260M in a round that could more than double its valuation to $2B (www.bloomberg.com)
8 days ago AI

London-based blockchain analytics company Elliptic raised $120M led by One Peak Partners at a $670M valuation; the platform screens 1B+ transactions per week (www.bloomberg.com)
9 days ago Blockchain London

SAP invests in German workflow automation platform n8n at a $5.2B valuation, up from $2.5B after an October 2025 equity raise, and agrees to embed n8n's tools (www.bloomberg.com)
9 days ago Germany Equity

Sea reports Q1 revenue up 47% YoY to $7.1B and net income up 6% YoY to $428M, both above est., after warding off rivals in Southeast Asia's e-commerce market (www.bloomberg.com)
9 days ago Asia Southeast Asia

eBay rejects GameStop's $56B takeover offer, saying the unsolicited bid is “neither credible nor attractive”, in a letter from eBay Chairman Paul Pressler (www.bloomberg.com)
9 days ago eBay

Sources: Jensen Huang was not invited to travel with President Trump on his China trip, a potential setback to Nvidia; Huang expressed his willingness to join (www.bloomberg.com)
9 days ago Trump China Nvidia

Human Rights Watch: at least six EU member states, including Bulgaria and Denmark, have sold surveillance tech to 24+ countries known for violating human rights (www.bloomberg.com)
9 days ago

GM plans to lay off IT workers in an effort to trim costs and bring in staff with skills in other tech areas; sources: the cuts will affect 500 to 600 employees (www.bloomberg.com)
9 days ago

GitLab announces layoffs, saying they are “not an AI optimization or cost cutting exercise”, and plans to cut the number of countries it operates in (www.bloomberg.com)
9 days ago AI Layoffs

Previous Page Next Page