Articles from www.bloomberg.com

Articles from www.bloomberg.com

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)
2025-9-24 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)
2025-9-24

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)
2025-9-23

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)
2025-9-23 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)
2025-9-23 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)
2025-9-23

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)
2025-9-23 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)
2025-9-23 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)
2025-9-23

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)
2025-9-22 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)
2025-9-22 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)
2025-9-22

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)
2025-9-22 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)
2025-9-22 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)
2025-9-21

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)
2025-9-21 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)
2025-9-21 U.S. Algorithm

China's market regulator opens a probe into Chengdu Kuaigou, a Kuaishou unit involved in livestream shopping, for suspected violations of e-commerce rules (www.bloomberg.com)
2025-9-20 China

BitGo's S-1 shows it had net income of $12.6M on revenue of $4.19B in H1 2025, compared with net income of $30.9M on revenue of $1.12B a year earlier (www.bloomberg.com)
2025-9-20

Corporate travel and expense management service Navan, formerly known as TripActions, files for a US IPO, reporting a $99.9M net loss on $329.4M revenue in H1 (www.bloomberg.com)
2025-9-20 IPO

Sources: Oracle is in discussions with Meta to provide computing power for training and deploying AI models, in a deal worth about $20B (www.bloomberg.com)
2025-9-20 AI Oracle

Neuralink plans a US clinical trial in October to test a brain implant that translates thoughts into text, hoping to put its device in a healthy person by 2030 (www.bloomberg.com)
2025-9-20

Meta files an application for authorization “to sell energy, capacity, and certain ancillary services” in the US amid rising energy demand for AI datacenters (www.bloomberg.com)
2025-9-20 Energy AI

A look at China's brain-computer interface industry as startups like BrainCo grow with state support; CCID says the sector is worth $450M, growing 20% annually (www.bloomberg.com)
2025-9-19 China Startup

MI6 launched Silent Courier, an online portal hosted on the dark web designed to let potential spies from Russia and elsewhere communicate with UK intelligence (www.bloomberg.com)
2025-9-19 Russia Intelligence Darknet

Sources: White House weighs more CFTC chair candidates, including government officials focused on crypto policy, as Brian Quintenz's nomination remains stalled (www.bloomberg.com)
2025-9-19 CFTC

Nvidia plans to invest £2B to support the UK's AI industry in partnership with Accel, Air Street Capital, Balderton Capital, Hoxton Ventures, and Phoenix Court (www.bloomberg.com)
2025-9-19 AI Nvidia

Netskope closes up 18.37% at $22.49 per share in its Nasdaq debut, giving it a $8.6B market value, after the cybersecurity company raised $908.2M in its IPO (www.bloomberg.com)
2025-9-19 IPO

The US FTC and seven states sue Live Nation and its Ticketmaster subsidiary for failing to stem the use of bots and large-scale resale operations (www.bloomberg.com)
2025-9-19

Sources: Indian digital payments company Pine Labs aims to raise as much as $700M from an IPO in the second half of October, down from an earlier $1B target (www.bloomberg.com)
2025-9-19 India IPO

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