Articles from www.bloomberg.com

Articles from www.bloomberg.com

CA state Senator Scott Wiener releases amendments to SB 53, which has transparency requirements for AI companies but omits SB 1047's provision on liability (www.bloomberg.com)
2025-7-9 AI

Millions of China's gig workers are having to endure record heat waves without legally mandated “heat wave allowances”, cooling breaks, or adequate insurance (www.bloomberg.com)
2025-7-9 China Insurance

An analysis finds Chinese firms aim to buy 115K+ US-sanctioned Nvidia H100 and H200 chips for 39 data centers across China's western deserts, mostly in Xinjiang (www.bloomberg.com)
2025-7-9 China Nvidia

Sources: Mistral AI is in talks to raise as much as $1B in equity from several investors including Abu Dhabi's MGX; it has raised €1B+ since its 2023 founding (www.bloomberg.com)
2025-7-9 AI Equity

Sources: Meta has bought under 3% of Ray-Ban maker EssilorLuxottica, a stake worth ~€3B, and is considering further investment that could build the stake to ~5% (www.bloomberg.com)
2025-7-9 Ban

Dubai-based Xpanceo, which is developing smart contact lenses with night vision, health monitoring, and more, raised a $250M Series A at a $1.35B valuation (www.bloomberg.com)
2025-7-9 Dubai

El Salvador-based Tether says it holds nearly 80 tons of gold, worth ~$8B, in a vault in Switzerland; precious metals made up nearly 5% of its reserves in March (www.bloomberg.com)
2025-7-9 Switzerland

X says the Indian government ordered it to block two Reuters accounts on July 3 and demanded immediate action, then told X to unblock them after “public outcry” (www.bloomberg.com)
2025-7-9 India

French chipmaker SiPearl raised a €130M Series A from Taiwan's Cathay Venture and others to develop its Arm-based Rhea1 AI chip, set to feature 80 cores (www.bloomberg.com)
2025-7-8 France Taiwan AI

As Amazon Prime Day begins, some merchants say they can't afford to offer discounts due to Trump's tariffs; Adobe expects $23.8B in sales across the four days (www.bloomberg.com)
2025-7-8 Trump Amazon Adobe

An open letter signed by 602 founders, VCs, and more urges Sequoia act after Shaun Maguire said Zohran Mamdani “comes from a culture that lies about everything” (www.bloomberg.com)
2025-7-8

Quantum computing company IonQ raised $1B via a sale of stock and warrants to Heights Capital Management, an affiliate of Susquehanna International Group (www.bloomberg.com)
2025-7-8 Quantum

Sources: Ruoming Pang, head of the foundation models team at Apple, is leaving to join Meta, which offered a package worth tens of millions of dollars per year (www.bloomberg.com)
2025-7-8 Apple

CoreWeave says it agreed to acquire bitcoin miner Core Scientific in a ~$9B all-stock deal, set to close in Q4 2025, to expand its AI data center capacity (www.bloomberg.com)
2025-7-7 Bitcoin AI 4Q

Huawei's AI lab refutes accusations that its Pangu Pro MoE model source code used uncredited material from rivals, after a GitHub group accused it of copying (www.bloomberg.com)
2025-7-7 AI GitHub

France's Capgemini plans to acquire US-listed IT outsourcing company WNS for $3.3B in cash, seeking to boost its agentic AI services; WNS serves 600+ clients (www.bloomberg.com)
2025-7-7 France AI

A look at the US Secret Service's GIOC, which sources say helped seize ~$400M in digital assets over the past decade through crypto scam investigations globally (www.bloomberg.com)
2025-7-7 Asset

Q&A with British Library CEO Rebecca Lawrence on dealing with the aftermath of a major October 2023 cyberattack, AI scraping, AI for text analysis, and more (www.bloomberg.com)
2025-7-7 U.K. AI

Foxconn reports Q1 revenue up 15.8% YoY to ~$62B, driven by strong demand for iPhones and AI servers powered by Nvidia chips, meeting analysts' expectations (www.bloomberg.com)
2025-7-6 AI Nvidia

Over the past year, long-time Bitcoin whales have been selling off their holdings, leading to a reshaping of the market as institutions increase their buying (www.bloomberg.com)
2025-7-5 Bitcoin

The term “superintelligence” is becoming increasingly popular among AI leaders, even as many in the industry question whether it is ill-defined and overhyped (www.bloomberg.com)
2025-7-5 AI

Blackstone acquires Vista Equity Partners' minority stake in event software company Cvent, sources say for $1.3B; Blackstone acquired Cvent for $4.6B in 2023 (www.bloomberg.com)
2025-7-5 Equity

Sources: the US plans to restrict shipments of AI chips to Malaysia and Thailand, as part of an effort to crack down on suspected chip smuggling into China (www.bloomberg.com)
2025-7-5 China Thailand AI Malaysia

Sources: Google plans to propose a price comparison box at the top of search results in EU, featuring ranked options from competitors, to avoid DMA fines (www.bloomberg.com)
2025-7-4 Google

As companies like SpaceX, Stripe, and OpenAI stay private longer, tokenized stocks on blockchains offer a way for the public to access lucrative private markets (www.bloomberg.com)
2025-7-4 SpaceX

Daniel Gross is leaving Safe Superintelligence, the AI startup he co-founded with Ilya Sutskever, to join Meta's new superintelligence lab (www.bloomberg.com)
2025-7-4 Startup AI

Austin-based Ambiq Micro, which makes ultra-low power chips, files for an IPO and reports an $8.3M net loss on $15.7M in revenue in the three months to March 31 (www.bloomberg.com)
2025-7-4 IPO

Thoma Bravo strikes a $2B deal to acquire restaurant software maker Olo, representing a 65% premium over Olo's share price on April 30 (www.bloomberg.com)
2025-7-4

Sources: Microsoft cut hundreds of Xbox jobs across studios, including King, ZeniMax, and Halo Studios, and cancels games like the new Perfect Dark and Everwild (www.bloomberg.com)
2025-7-3 Microsoft Xbox

ASML, Mistral, SAP, and 110+ European companies urge the EU to delay the implementation of its AI Act, saying it puts the bloc's AI ambitions at risk (www.bloomberg.com)
2025-7-3 Europe AI

Previous Page Next Page