Articles from www.bloomberg.com

Articles from www.bloomberg.com

Shein launches Xcelerator, a service granting fashion brands access to its fast-fashion manufacturing network in China (www.bloomberg.com)
2025-9-18 China Manufacturing

Huawei unveils two new SuperPoD products, the Atlas 950 and Atlas 960, the latter linking up to 15,488 Ascend AI chips, as it seeks to challenge Nvidia (www.bloomberg.com)
2025-9-18 AI Nvidia

Meta unveils Meta Ray-Ban Display, with a screen in the right lens and the Meta Neural Band, a wristband that detects hand gestures, on sale Sept. 30 for $799 (www.bloomberg.com)
2025-9-18 Ban

Sources: Reddit is in early talks with Google to deepen integration of its content into Google's AI products, beyond its $60M data-sharing deal signed in 2024 (www.bloomberg.com)
2025-9-18 Google AI Reddit

Lyft partners with Waymo to launch fully autonomous robotaxi rides in Nashville starting in 2026, their first collaboration; LYFT jumps 10% (www.bloomberg.com)
2025-9-17

Sources: Jack Ma has returned to Alibaba's campuses after vanishing from the public eye during China's 2020 tech crackdown, influencing Alibaba's pivot to AI (www.bloomberg.com)
2025-9-17 China Jack Ma Alibaba AI

Groq, which sells AI chips and data-center compute powered by those chips, raised $750M led by Disruptive at a post-money valuation of $6.9B (www.bloomberg.com)
2025-9-17 AI

The Hang Seng Tech Index, which tracks the top 30 Hong Kong-listed tech stocks, rose ~3.9% to its highest level since November 2021, amid renewed AI enthusiasm (www.bloomberg.com)
2025-9-17 Hong Kong AI

Chinese state media: Alibaba has secured China Unicom as a major client for its AI chips; earlier reports said Alibaba was supplying tens of thousands of chips (www.bloomberg.com)
2025-9-17 China Alibaba AI

Indian on-demand home services provider Urban Company surged 56%+ in its stock market debut after raising $215M in India's most oversubscribed major IPO of 2025 (www.bloomberg.com)
2025-9-17 India IPO

Alibaba, Tencent, and Baidu have raised $5B+ via bonds this month for AI and digital infra; with JD.com, their combined 2025 AI capex is projected to top $32B (www.bloomberg.com)
2025-9-17 Alibaba AI Tencent

Critics say the Philippine government is prioritizing collecting online casino license fees, projected at ~$1B in 2025, over tackling online gambling addiction (www.bloomberg.com)
2025-9-17 Philippines

Tencent and Baidu sold $3.3B combined in offshore bonds this year, the most ever for Chinese tech companies, as companies secure cheap financing for AI buildout (www.bloomberg.com)
2025-9-17 China AI Tencent

Sources: StubHub is pricing its US IPO at $23.50/share after marketing a range of $22-$25, giving it an $8.6B market cap, and will trade under the ticker STUB (www.bloomberg.com)
2025-9-17 IPO

US tech giants announce £31B+ in UK investments, coinciding with Trump's visit to the nation; OpenAI will bring Stargate to the UK with Nvidia and Nscale (www.bloomberg.com)
2025-9-17 Trump Nvidia

Dyna Robotics, which is building an AI foundation model for robotics, raised a $120M Series A led by Robostrategy, CRV, and First Round Capital (www.bloomberg.com)
2025-9-17 AI Robot

Trump extends the deadline for ByteDance to divest TikTok's US operations until December 16, the fourth such extension; a deal is expected to be finalized soon (www.bloomberg.com)
2025-9-17 Trump

Sources: Binance nears a deal with the US DOJ to remove the outside compliance monitor imposed under its $4.3B 2023 settlement over money laundering failures (www.bloomberg.com)
2025-9-17

Humanoid robot startup Figure raised a $1B+ Series C led by Parkway Venture Capital at a post-money valuation of $39B, up from $2.6B in February 2024 (www.bloomberg.com)
2025-9-17 Startup Robot Venture Capital

Filing: cloud cybersecurity software startup Netskope raised its IPO price range to $17-$19 per share, up from $15-$17, aiming to raise $908.2M, up from $812.6M (www.bloomberg.com)
2025-9-16 IPO Startup

Investor docs: Revolut reported Q2 revenue up 46% YoY to £1.01B and is on track to deliver more than £4.1B in 2025 annual revenue, up from £3.1B in 2024 (www.bloomberg.com)
2025-9-16

Invisible Technologies, a Scale AI rival that helped train ChatGPT, raised $100M, sources say at a $2B+ valuation, and reports $134M in 2024 sales (www.bloomberg.com)
2025-9-16 AI

Sources: US FTC is probing if Ticketmaster does enough to stop bots from illegal resales, focusing on its compliance with a law against automated ticket resales (www.bloomberg.com)
2025-9-16

Sources: Jack Ma has returned to Alibaba's campuses after disappearing from public view during China's 2020 tech crackdown, influencing Alibaba's pivot to AI (www.bloomberg.com)
2025-9-16 China Jack Ma Alibaba AI

Disney and Webtoon announce a new digital platform with 35K+ Disney comics; Disney plans to acquire a 2% equity interest in Webtoon; WBTN jumps 70%+ after hours (www.bloomberg.com)
2025-9-16 Equity

Conceivable Life Sciences, which wants to use AI to automate the work done by embryologists in IVF labs, raised $50M, bringing its total funding to $70M (www.bloomberg.com)
2025-9-15 AI

Saudi Arabia-based Hala, which offers payment services to more than 142,000 SMBs in the Gulf region, raised a $157M Series B, source says at a ~$900M valuation (www.bloomberg.com)
2025-9-15 Arabia Saudi Arabia

Divergent Technologies, which makes automated assembly systems and 3D printers to make missile parts and other equipment, raised $290M at a $2.3B valuation (www.bloomberg.com)
2025-9-15

The London Stock Exchange launches a blockchain-based platform, marking its push into digital assets, initially focused on private funds (www.bloomberg.com)
2025-9-15 Blockchain Asset London

China says Nvidia was found in violation of antitrust regulations in a preliminary investigation, in a brief statement without further details (www.bloomberg.com)
2025-9-15 China Nvidia

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