Articles from www.bloomberg.com

Articles from www.bloomberg.com

US startup Firebird is building a 300MW data center in Armenia, set to host 70K+ Nvidia chips by 2027; sources: Trump pledged Nvidia export approvals to Armenia (www.bloomberg.com)
14 days ago Trump Startup Nvidia

Finnish neocloud startup Verda raised $189M led by Emergence at a $1B+ valuation and aims to raise up to $1.5B in equity and debt in 2026 and up to $10B in 2027 (www.bloomberg.com)
14 days ago Startup Equity Finland

Chinese optical transceiver maker Ligent jumps 19% in its Hong Kong debut, giving it a ~$4.6B market cap, after raising ~$727M, the latest Hong Kong AI IPO (www.bloomberg.com)
14 days ago China Hong Kong IPO AI

Tencent launches Hy Image 3.5 Preview, saying during internal testing the image model achieved results on par with ByteDance's Seedream 5.0 Pro (www.bloomberg.com)
14 days ago Tencent

Alibaba's T-Head unveils the Zhenwu V900 AI accelerator, which it says triples its predecessor's performance and can scale to clusters of up to 500,000 units (www.bloomberg.com)
14 days ago Alibaba AI

Some startups, like Harvey, Abridge, Ramp, and Rogo, are embracing open-weight models or training their own models to reduce expensive reliance on frontier labs (www.bloomberg.com)
14 days ago Startup

Sensor Tower: Muse was downloaded 902K+ times in the six days after its launch on Sept. 8, vs. Meta AI's 773K in the same post-launch period; META jumps 12%+ (www.bloomberg.com)
14 days ago AI Sensor

Nscale's S-1: Microsoft and Anthropic account for 85% of its $103B in total contract value, only $2.6B of contract value was active as of late August, and more (www.bloomberg.com)
15 days ago Microsoft

US Treasury Secretary Scott Bessent says OpenAI's Hugging Face hacking incident is “the responsibility of the OpenAI management, not a bunch of agents” (www.bloomberg.com)
15 days ago

Filing: Oura is seeking to raise up to $2.2B in its US IPO, marketing 50M shares at $40 to $44 each, giving it a $14.1B valuation at the top of its range (www.bloomberg.com)
15 days ago IPO

Data Center Watch: 45 US data center projects valued at $68B were blocked or delayed by local opposition between April and June, or 50%+ of large developments (www.bloomberg.com)
15 days ago

Ireland's DPC fines Google €403M over how it processed location data after complaints from European consumer rights groups, and gives it six months to comply (www.bloomberg.com)
15 days ago Europe Google Ireland

Sources: SoftBank is looking to issue $10B and €1B in debt for its OpenAI investment, in what would be one of the biggest junk bond sales ever (www.bloomberg.com)
15 days ago

A closer look at the upcoming Siri AI-powered home hub, a key pillar of Apple's strategy for the home; sources: Apple started cutting Fitness+ staff (www.bloomberg.com)
16 days ago AI Apple

Amazon says its India quick delivery service, Amazon Now, passed $1B in annualized gross revenue, with orders doubling each quarter since its summer 2025 launch (www.bloomberg.com)
16 days ago India Amazon

Grab agrees to acquire a 60% stake in Singapore-based BNPL platform Atome from Advance Intelligence Group and others for $1.49B; Atome had $470M in 2025 revenue (www.bloomberg.com)
16 days ago Singapore Intelligence

Agility unveils Digit 5, a humanoid robot designed to safely work alongside humans without physical barriers by using sensors and collision-avoidance algorithms (www.bloomberg.com)
16 days ago Robot Algorithm

New York-based AI marketing startup Profound raised a $180M Series D led by Sequoia and Kleiner Perkins at a $1.8B valuation, taking its total funding to $335M+ (www.bloomberg.com)
16 days ago Startup AI New York

Altera, which makes chips for AI, automation, and more, files confidentially for an IPO; Intel acquired it for ~$16.7B in 2015, and Silver Lake took 51% in 2025 (www.bloomberg.com)
16 days ago Intel IPO AI Silver

Meta says it plans to start deploying MTIA 450, its third-generation in-house AI chip, in data centers during H1 2027, followed by MTIA 500 at the end of 2027 (www.bloomberg.com)
16 days ago AI

GM plans to integrate Apple CarPlay and Android Auto in its latest infotainment system, three years after upsetting some consumers by removing them from its EVs (www.bloomberg.com)
16 days ago Android Apple

During a Salesforce event, Jensen Huang says the AI industry doesn't need any new laws or regulations and market forces will help companies safely innovate (www.bloomberg.com)
16 days ago AI Salesforce

Zuckerberg says “Meta delayed shipping Muse for several months to focus on safety and security” and didn't call on other AI labs to do the same before it acted (www.bloomberg.com)
16 days ago AI Zuckerberg

SK Hynix strikes an agreement with its union to pay out half of all profit-sharing bonuses in cash, replacing its previously proposed 40-60 cash-stock split (www.bloomberg.com)
16 days ago

The Trump administration has few good options to slow China's AI rise, especially while trying to avoid more rare earth restrictions, ahead of US-China AI talks (www.bloomberg.com)
16 days ago Trump China AI

ByteDance founder Zhang Yiming overtakes India's Gautam Adani to become Asia's richest person for the first time, passing $105B, up 8x from $13B in March 2019 (www.bloomberg.com)
16 days ago India Asia

A profile of Meta Compute co-lead Dina Powell McCormick, who is using her network to help structure major AI financing, as Mark Zuckerberg focuses on product (www.bloomberg.com)
16 days ago AI Zuckerberg

Sources: drone delivery startup Zipline is in talks to raise ~$1B at a ~$20B valuation, up from $7.6B in January, and Paradigm is in talks to lead the round (www.bloomberg.com)
16 days ago Startup Drone

Sources: a group of 10 banks is giving a $22B loan to Blackstone and Alphabet's cloud venture Crux AI, which aims to provide compute for AI labs, to buy TPUs (www.bloomberg.com)
16 days ago AI Alphabet

Snap Specs hands-on: more advanced than Meta's top-end glasses, fully untethered, mostly comfortable, and navigation works well, but its design has compromises (www.bloomberg.com)
16 days ago

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