Articles from www.bloomberg.com

Articles from www.bloomberg.com

VenHub, which uses robotics and AI to run fully automated retail stores, confidentially files for a US direct listing, after a $715M SPAC merger failed in May (www.bloomberg.com)
30 days ago Retail AI Robot

Dell says COO Jeff Clarke will now oversee its Client Solutions Group, which includes desktop and notebook PCs; Dell's consumer PC revenue fell 19% in Q1 (www.bloomberg.com)
30 days ago

Source: the US National Nuclear Security Administration was among those breached by a hack of SharePoint; no sensitive information is known to be compromised (www.bloomberg.com)
30 days ago

Businesses and households served by PJM, the US' largest power grid operator, will pay a record $16.1B for electricity supplies amid an AI-driven demand surge (www.bloomberg.com)
30 days ago AI

Miaan Group: a number of Iranians received spyware threat alerts from Apple in H1 2025 in the months prior to the Iran-Israel war, the first such cases in Iran (www.bloomberg.com)
2025-7-22 Israel Apple Iran

Sources: Google is seeking to recruit news organizations for a new licensing project related to AI, and plans to launch a pilot initially with ~20 US outlets (www.bloomberg.com)
2025-7-22 Google AI

Reka AI, which aims to make more efficient LLMs, raised $110M from Nvidia, Snowflake, and others at a $1B+ valuation, up from ~$300M in 2023, per PitchBook (www.bloomberg.com)
2025-7-22 AI Nvidia

OpenAI and Oracle unveil plans to develop 4.5GW of additional US data center capacity in an expanded partnership, hitting 5GW in total and running 2M AI chips (www.bloomberg.com)
2025-7-22 AI Oracle

A London judge rules that HPE lost ~£730M after acquiring Mike Lynch's Autonomy, after a 2022 fraud finding against Lynch, who died in 2024; HPE was seeking $4B (www.bloomberg.com)
2025-7-22 London

US investment firm Carlyle agrees to acquire a majority stake in IT consultancy and services provider Adastra, sources say valuing it at $400M including debt (www.bloomberg.com)
2025-7-22

Seoul-based chip designer FuriosaAI signs a deal with LG to use its AI chip RNGD, its first major contract, after rejecting Meta's $800M buyout offer in March (www.bloomberg.com)
2025-7-22 AI

Samsung Galaxy Watch8 review: thinner and sturdier, but its design with a square casing and a round screen is polarizing, and Gemini is useful but hit-or-miss (www.bloomberg.com)
2025-7-22 Samsung

SEC filing: Ambiq Micro, which makes ultra-low power chips, is seeking to raise as much as $85M from its IPO, marketing 3.4M shares at $22 to $25 each (www.bloomberg.com)
2025-7-22 IPO

Sources: Oracle is in talks with Skydance for a $100M/year deal for Paramount to use Oracle's cloud software if the Skydance-Paramount merger goes through (www.bloomberg.com)
2025-7-22 Oracle

Source: Netflix is using Runway AI's video generation tools for production; Disney is testing out the tools and talked with Runway about possible uses for them (www.bloomberg.com)
2025-7-22 AI Netflix

Tesla is set to face off with the California DMV over claims it exaggerated Autopilot's and FSD's capabilities and misled consumers, in a five-day Oakland trial (www.bloomberg.com)
2025-7-22 Tesla California

Polymarket says it is buying little-known derivatives exchange QCX, in a move to legally re-enter the US market; a source says Polymarket will pay $112M (www.bloomberg.com)
2025-7-22

Oakley Meta HSTN hands-on: the $399 glasses are a fun accessory and sportier, thinner, lighter, and more comfortable than previous models with a solid 3K camera (www.bloomberg.com)
2025-7-21

KKR acquires a significant minority in Swedish travel tech firm Etraveli, sources say valuing it at ~€2.7B; Etraveli sells plane tickets to ~50M users per year (www.bloomberg.com)
2025-7-21 Sweden

TSMC closed above a $1T market cap in Taiwan on July 18, a first, up nearly 50% from an April low and the first Asian stock worth $1T+ since PetroChina in 2007 (www.bloomberg.com)
2025-7-21 Taiwan

Microsoft releases a patch for a SharePoint 0-day RCE flaw exploited globally on thousands of on-prem servers, says updates for SharePoint 2016 are in the works (www.bloomberg.com)
2025-7-21 Microsoft

How UK Biobank, a government-backed cloud database of 1B+ medical images from 100,000+ participants, is fueling breakthroughs in AI-driven diagnostics (www.bloomberg.com)
2025-7-21 Database AI

Thoughts on the foldable iPhone's prospects ahead of next year's launch; sources: Apple will add a second, portrait-side front-facing camera to the M5 iPad Pro (www.bloomberg.com)
2025-7-21 iPhone Apple iPad

Acquihire deals like Google's Windsurf deal are a wake-up call for AI startup employees left behind, creating new uncertainty over leadership and compensation (www.bloomberg.com)
2025-7-19 Google Startup AI

Sources: at least six of China's biggest VC firms are targeting a combined $2B in new USD-denominated funds to allow overseas investment in Chinese startups (www.bloomberg.com)
2025-7-19 China Startup

The European Commission accepts Corning's offer to end exclusivity terms in its supply contracts, ending an antitrust investigation opened in November 2024 (www.bloomberg.com)
2025-7-19 Europe

Peter Thiel-backed crypto exchange Bullish files for an IPO, plans to trade on the NYSE, and reports a net loss of ~$349M on digital asset sales of $80M in Q1 (www.bloomberg.com)
2025-7-19 IPO Asset

President Trump signs the GENIUS Act, and says the first federal bill to regulate stablecoins will “secure the dollar's status as the world's reserve currency” (www.bloomberg.com)
2025-7-19 Trump

BrightAI, an AI-powered service using custom chips and devices to monitor critical infrastructure, raised a $51M Series A, source says at a $300M valuation (www.bloomberg.com)
2025-7-19 AI

SEC Chairman Paul Atkins says the GENIUS Act is a “historic step” and the SEC is weighing an “innovation exemption” from regulations to incentivize tokenization (www.bloomberg.com)
2025-7-19

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