Articles from www.bloomberg.com

Articles from www.bloomberg.com

Sources: Intel approached Apple about a potential investment in the chipmaker as part of its turnaround efforts and discussed how to work more closely together (www.bloomberg.com)
11 days ago Intel Apple

Canadian PE firm Novacap agrees to acquire Integral Ad Science, which provides digital ad measurement and verification, in a deal valuing IAS at about $1.9B (www.bloomberg.com)
11 days ago Canada

OpenAI partners with SAP to launch OpenAI for Germany, bringing its AI tools to Germany's public sector through SAP's Delos Cloud (www.bloomberg.com)
11 days ago Germany AI

Waymo launches Waymo for Business, a service targeting employers, universities, and event organizers, available in San Francisco, Los Angeles, and Phoenix (www.bloomberg.com)
11 days ago San Francisco

Mark Zuckerberg says Instagram has reached 3B MAUs, and is testing a new home screen navigation bar prioritizing private messaging and Reels (www.bloomberg.com)
11 days ago Instagram Zuckerberg

Sources: Oracle seeks to borrow $15B through the US sale of corporate bonds, as it begins to fulfill massive cloud infrastructure deals with OpenAI and others (www.bloomberg.com)
11 days ago Oracle

Report: China's market regulator drafts rules to curb “coercive competition” in the online food delivery market, spurring a rally in Meituan and JD.com's shares (www.bloomberg.com)
11 days ago China

Alibaba's Hong Kong-listed shares hit a nearly four-year high after CEO Eddie Wu announces plans to increase AI spending beyond the $53B target over three years (www.bloomberg.com)
11 days ago Hong Kong Alibaba AI

Bain: by 2030, AI companies will need $2T in combined annual revenue to fund compute power to meet projected demand, but are likely to fall short by $800B (www.bloomberg.com)
11 days ago AI

Sources: Flipkart is investing $30M in its fintech unit Supermoney, after a $20M 2024 spin-off round; Supermoney disbursed $700M+ in loans via lending partners (www.bloomberg.com)
11 days ago Fintech

Taiwan curbs chip exports to South Africa over national security concerns, the first time it has used its chip industry as a weapon against a China ally (www.bloomberg.com)
11 days ago China Taiwan Africa South Africa

VCs court top AI startups with preempted rounds and perks like private jets; PitchBook: US AI startups raised $200B in 2025, with 41% going to just 10 companies (www.bloomberg.com)
12 days ago Startup AI

Sources: Tether is in talks to raise $15B to $20B in exchange for a ~3% stake through a private placement in a deal that could value the company at ~$500B (www.bloomberg.com)
12 days ago

Microsoft says it is experimenting with microfluidics, which involves sending fluid through channels in AI and server chips to improve cooling efficiency (www.bloomberg.com)
12 days ago Microsoft AI

Revolut says it plans to invest $13B, including $4B in the UK, and expand into 30 new geographies by the end of the decade, aiming to reach 100M users globally (www.bloomberg.com)
12 days ago

The US Secret Service says it has dismantled 300+ SIM card servers in the NYC area that could have disrupted communications ahead of the UN General Assembly (www.bloomberg.com)
12 days ago

London-based Fnality, which lets banks transact in a digital cash asset backed with funds at the Bank of England, raised $136M led by BoA, Citigroup, and others (www.bloomberg.com)
12 days ago Asset London

Auterion, which provides autopilot and swarming software for military drones, raised $130M led by Bessemer at a $600M+ valuation, says it has ~$100M in revenue (www.bloomberg.com)
12 days ago Drone

A look at MrBeast's entertainment company, which has ~$450M in annual sales but faced three years of losses due to high production costs of $3M-$4M per video (www.bloomberg.com)
13 days ago

Scale AI launches SEAL Showdown, a public AI benchmarking system that relies on votes from contributors in 100+ countries to gauge everyday usability of models (www.bloomberg.com)
13 days ago AI

A White House official says the US will not hold a golden share or equity in TikTok US and the new board will not have a member selected by the US government (www.bloomberg.com)
13 days ago Equity

Sources: smart ring maker Oura is raising an $875M+ Series E at a $10.9B valuation, up from $5B in November 2024, and has sold ~3M rings over the past year (www.bloomberg.com)
13 days ago

Oracle promotes Clay Magouyrk and Mike Sicilia to co-CEOs, replacing Safra Catz; Magouyrk previously led Cloud Infrastructure, and Sicilia led Oracle Industries (www.bloomberg.com)
13 days ago Oracle

Cardless, which lets Coinbase and others launch co-branded credit cards, raised $60M and projects annualized revenue will grow from $15M now to $150M by Q2 2026 (www.bloomberg.com)
13 days ago Credit Card Coinbase

Low prices, available land, and cooler weather are driving the data center boom in the Nordics, which have 1.5 GW of capacity live and 7.5 GW in the pipeline (www.bloomberg.com)
13 days ago

A profile of Derek Li, founder of China's top adaptive learning edtech Squirrel AI, whose business is fueled by the country's relentless academic pressure (www.bloomberg.com)
14 days ago China AI

Trump administration's $100,000 H-1B fee threatens India's $280B IT services sector, which heavily relies on H-1B visas to deploy engineers to US client sites (www.bloomberg.com)
14 days ago Trump India H1B

A profile of Noah Urban, who was a key member of the Scattered Spider group because of his social engineering skills and is serving a 10-year prison sentence (www.bloomberg.com)
15 days ago

Chinese robotaxi operators WeRide and Pony AI are partnering with local companies like Grab to expand into Singapore, one of the world's best-mapped cities (www.bloomberg.com)
15 days ago China AI Singapore

White House Press Secretary Karoline Leavitt says Americans would hold six of the seven board seats for TikTok US and its algorithm would be US-controlled (www.bloomberg.com)
15 days ago U.S. Algorithm

Previous Page Next Page