Articles from www.bloomberg.com

Articles from www.bloomberg.com

Rogo, which uses AI to help lighten junior bankers' workloads, raised a $160M Series D led by Kleiner Perkins at a $2B valuation, up from $750M in January (www.bloomberg.com)
22 days ago AI

Mayo Clinic researchers detail an AI system called Redmod that identified pancreatic cancer on routine CT scans an average of 475 days before clinical diagnosis (www.bloomberg.com)
22 days ago AI

Chinese regulators killed the Manus template by blocking Meta's $2B takeover in a 54-character decree, creating an uncertain era for China's growing AI industry (www.bloomberg.com)
22 days ago China AI

Indonesia sentences eFishery founder Gibran Huzaifah to nine years in prison, concluding a $300M scandal that destroyed one of Southeast Asia's top startups (www.bloomberg.com)
22 days ago Asia Startup Indonesia Southeast Asia

Samsung's Lee family dynasty reached a combined ~$45.5B net worth in March, up from ~$20.1B in 2025, amid the AI boom; they are now Asia's third-richest family (www.bloomberg.com)
22 days ago Samsung Asia AI

Knight Frank: Anthropic, OpenAI, and other AI companies have leased 1M+ square feet of London office space since the start of 2025, or ~7% of all lettings (www.bloomberg.com)
22 days ago AI London

The European Commission issues preliminary DSA findings against Meta, saying Instagram and Facebook fail to prevent under-13 users from accessing the services (www.bloomberg.com)
22 days ago Europe Facebook Instagram

Sources: China suspends issuing new Level 4 autonomous vehicle licenses, after over 100 of Baidu's Apollo Go robotaxis disrupted traffic in Wuhan last month (www.bloomberg.com)
22 days ago China Autonomous Car

A US judge denied Sam Bankman-Fried's request for a new trial based on what SBF called new evidence; SBF tried to withdraw his request, but the judge refused (www.bloomberg.com)
22 days ago

NXP reports Q1 revenue up 12% YoY to $3.18B, vs. $3.15B est., and forecasts Q2 revenue above estimates; NXPI jumps 13%+ after hours (www.bloomberg.com)
23 days ago

Musk v. Altman: Musk testifies he's suing OpenAI because “it is not okay to steal a charity” and its pivot sets a concerning precedent for philanthropic efforts (www.bloomberg.com)
23 days ago

Sources: Apple plans an AI overhaul for photo editing in iOS 27, including using on-device AI models to extend, enhance, and reframe photos (www.bloomberg.com)
23 days ago IOS AI Apple

Sources: Google dropped out of a $100M Pentagon challenge to create tech for voice-controlled, autonomous drone swarms, following an internal ethics review (www.bloomberg.com)
23 days ago Google Drone Pentagon

AWS launches Amazon Connect Decisions and Amazon Connect Talent, which are AI agentic tools aimed at logistics workers and recruiters (www.bloomberg.com)
23 days ago Amazon AI Logistics

Musk v. Altman: the judge asks Elon Musk and Sam Altman to “control your propensity to use social media to make things worse”, as opening statements begin (www.bloomberg.com)
23 days ago Elon Musk

Foxconn Industrial Internet, which sells AI servers, reports Q1 revenue up 57% YoY to ~$37B, below $44.5B est., and a record ~$1.5B net income, below $1.8B est. (www.bloomberg.com)
23 days ago AI

OpenAI describes a report that it has missed internal goals as “prime clickbait” and says its consumer and enterprise businesses are “firing on all cylinders” (www.bloomberg.com)
23 days ago

Sources: Polymarket has discussed lifting the prohibition on US-based customers with the CFTC, as it seeks to bring its main exchange back to the US (www.bloomberg.com)
23 days ago CFTC

Sources: at least two China-based funds that back leading AI companies have used parallel fund structures to fundraise from US investors in recent months (www.bloomberg.com)
23 days ago China AI

Chinese billionaire Chen Tianqiao says his startup MiroMind is adding strict “firewalls” between its Chinese and US businesses, as China blocked Manus' sale (www.bloomberg.com)
23 days ago China Startup

Spotify reports Q1 revenue up 14% YoY to €4.5B, MAUs up 12% YoY to 761M, above 759M est., Premium subscribers up 9% YoY to 293M, and a €715M operating income (www.bloomberg.com)
23 days ago Spotify

Match Group invests $100M in Seattle-based Sniffies, a web-only platform for queer men with ~3M MAUs worldwide, paving the way for a possible acquisition (www.bloomberg.com)
23 days ago Seattle

South Korea's stock market value has surpassed the UK's, growing 45%+ this year to $4.04T after a surge in AI-linked tech stocks like Samsung and SK Hynix (www.bloomberg.com)
23 days ago Korea Samsung AI

The EU unveils new proposals under the DMA aimed at opening up Android to rivals' AI services; Google says the measures are “unwarranted intervention” (www.bloomberg.com)
24 days ago Android Google AI

Spotify partners with Peloton to offer Premium users access to playlists and a catalog of 1,400+ ad-free fitness classes, its first foray into fitness content (www.bloomberg.com)
24 days ago Spotify

Meta says it signed a deal with Overview Energy for 1GW of space solar energy; the startup seeks to collect sunlight in satellites, with a demonstration in 2028 (www.bloomberg.com)
24 days ago Energy Startup Solar

A look at what's next for Netflix and Comcast's Peacock after the WBD-Paramount deal; Nielsen says Netflix had six of the top 10 original streaming shows in Q1 (www.bloomberg.com)
24 days ago Netflix

A look at Elon Musk's efforts to launch the banking and payments service X Money, delayed by US regulatory concerns, as some industry watchers remain skeptical (www.bloomberg.com)
24 days ago Elon Musk

How Sergey Brin's political push against a proposed wealth tax in California has helped mobilize a network of fellow tech leaders to sway state issues (www.bloomberg.com)
24 days ago Tax California

Chinese state media: China formalizes gig worker rules for online platforms, calling for standardized contracts, fair pay, and stronger labor protections (www.bloomberg.com)
24 days ago China

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