Articles from www.bloomberg.com

Articles from www.bloomberg.com

Saudi startup Lucidya, which develops customer experience software, raised a $30M Series B led by Impact46, marking the largest AI funding round in the kingdom (www.bloomberg.com)
2025-7-17 Startup AI

HPE unveils several business changes, including forming a strategy committee and appointing a new board member, as it agrees to work with Elliott to boost value (www.bloomberg.com)
2025-7-16

Sources: the US DOJ and CFTC ended a pair of investigations into crypto betting platform Polymarket that started under the Biden administration (www.bloomberg.com)
2025-7-16 CFTC

Uber and Baidu announce a multi-year partnership to launch robotaxis in markets outside the US and mainland China, starting in Asia and the Middle East in 2025 (www.bloomberg.com)
2025-7-16 China Uber Asia

Apple signs a $500M deal to buy rare-earth minerals from US producer MP, which secured Pentagon backing last week, as it seeks to cut its reliance on China (www.bloomberg.com)
2025-7-15 China Apple Pentagon

AMD says it will restart shipments of its MI308 AI chips to China after the US Commerce Department said it would approve the sales, following Nvidia (www.bloomberg.com)
2025-7-15 China AI Nvidia AMD

Anthropic launches Claude for Financial Services, aiming to help analysts conduct market research and handle due diligence, with data from FactSet and others (www.bloomberg.com)
2025-7-15

CoreWeave says it plans to invest up to $6B to set up a 100MW data center in Lancaster, PA, creating 175 jobs and potentially expanding to 300MW in the future (www.bloomberg.com)
2025-7-15

Nvidia plans to resume H20 AI chip sales to China after Washington assured shipments will be approved, reversing an earlier Trump administration stance in April (www.bloomberg.com)
2025-7-15 Trump China AI Nvidia

Mark Zuckerberg's top AI talent hiring blitz seems to be causing a halo effect as other leading scientists join Meta in the race to build “superintelligent” AI (www.bloomberg.com)
2025-7-15 AI Zuckerberg

How Benchmark's investment in Chinese startup Manus has highlighted a philosophical divide in Silicon Valley over China, patriotism, and the pursuit of profit (www.bloomberg.com)
2025-7-15 China Startup

A look at SpaceX's investment and Tesla's potential cash infusion in xAI and the idea that investing in Tesla is betting on the “Musk Mars Conglomerate” (www.bloomberg.com)
2025-7-15 Tesla SpaceX

Mark Zuckerberg says Meta is building several multi-gigawatt “clusters”, starting with Prometheus, a massive datacenter that is scheduled to come online in 2026 (www.bloomberg.com)
2025-7-15 Zuckerberg

Mark Zuckerberg says Meta is building multi-gigawatt datacenter “clusters”, starting with a massive datacenter called Prometheus that will come online in 2026 (www.bloomberg.com)
2025-7-15 Zuckerberg

CSET researchers: China's SMEE has only a 4% market share in older-generation chip lithography, far below ASML and Nikon, a “chokepoint” for China's chip plans (www.bloomberg.com)
2025-7-14 China

Malaysia says individuals and companies must get a permit 30+ days before exporting AI chips, effective now, signaling it is clamping down on China chip exports (www.bloomberg.com)
2025-7-14 China AI Malaysia

Republican House leaders anticipate passing the GENIUS Act along with considering two other crypto bills, as the House kicks off a regulatory Crypto Week (www.bloomberg.com)
2025-7-14 Republican

Jensen Huang says Chinese military is unlikely to use Nvidia's AI chips, citing the risk of the chips being “limited at any time” due to US export restrictions (www.bloomberg.com)
2025-7-14 China AI Nvidia

Bitcoin reached a new all-time high of over $121K, up about 30% since December 2024, after more than doubling in value in 2024 (www.bloomberg.com)
2025-7-14 Bitcoin

Nielsen: Netflix's share of most-watched shows has dropped from 80%+ in 2021 to ~50%; Amazon, Apple, HBO Max, Hulu, and Paramount+ have shows in 2025's Top 10 (www.bloomberg.com)
2025-7-14 Amazon Apple Netflix

With Tim Cook likely to lead Apple through this decade, a look at Apple's executive succession challenges as many of Cook's direct reports near retirement age (www.bloomberg.com)
2025-7-14 Apple Tim Cook

Studios like Do Big are buying Roblox games for $1M+ in a thriving secondary market; Naavik: seven of the 15 highest-earning games in June have been acquired (www.bloomberg.com)
2025-7-12

PitchBook: 27 VC-backed companies went public in the US in the first half of 2025, the smallest number in at least 10 years, raising a total of $44.4B (www.bloomberg.com)
2025-7-12

Sources: Google is paying $2.4B for a nonexclusive license to certain Windsurf tech and hire some of its employees, but won't be taking a stake in the company (www.bloomberg.com)
2025-7-12 Google

T-Mobile has received FCC and DOJ approval for its $4.4B acquisition of US Cellular, after agreeing to phase out DEI programs to comply with FCC policy (www.bloomberg.com)
2025-7-12 Mobile

Meta has completed a deal to acquire AI voice technology startup PlayAI, and the “entire PlayAI team” is set to join Meta next week, per an internal memo (www.bloomberg.com)
2025-7-12 Startup AI

Sources: JPMorgan Chase told fintech companies it will start charging fees for access to customers' account data, which could drastically reshape the industry (www.bloomberg.com)
2025-7-12 Fintech JPMorgan

Sources: Binance wrote the smart contract for USD1, a stablecoin launched by Trump's World Liberty, and promoted it to its 275M users, before CZ sought a pardon (www.bloomberg.com)
2025-7-11 Trump

Sources: Alibaba-backed Chinese AI startup Zhipu plans to raise ~$300M in an IPO in Hong Kong, after previously considering listing in mainland China (www.bloomberg.com)
2025-7-11 China Hong Kong IPO Alibaba Startup AI

Bilt Rewards, which offers rewards points for rent payments, raised $250M led by General Catalyst and GID at a $10.75B valuation, up from $3.1B in January 2024 (www.bloomberg.com)
2025-7-11

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