Articles from www.bloomberg.com

Articles from www.bloomberg.com

A look at the race to build quantum computers, as the tech becomes a geopolitical battleground with potential to transform cybersecurity, finance, and more (www.bloomberg.com)
29 minutes ago Quantum

Glassdoor analysis finds 47% of Gen X workers write positively about their companies' AI use, compared with 40% of millennials and 33% of Gen Z workers (www.bloomberg.com)
10 hours ago AI

Data center development is driving demand for acoustic consultants, as developers and neighboring communities hire acousticians to assess noise emissions (www.bloomberg.com)
16 hours ago

SK Hynix breaks ground for its $4B advanced memory chip packaging facility in Indiana, with mass production of next-generation HBM scheduled to begin in H2 2029 (www.bloomberg.com)
1 day ago

Shares of French quantum computing company Pasqal closed up 95% in their Nasdaq debut on Friday following a merger with a SPAC (www.bloomberg.com)
1 day ago France Quantum

Meta intensifies its pressure campaign on TikTok and YouTube, running full-page ads in US newspapers demanding they adopt comparable teen safety protections (www.bloomberg.com)
1 day ago YouTube

Sources: AI cloud computing provider Lambda raised ~$1B of private short-dated debt to finance the purchase of Nvidia GPUs, which will be leased by Microsoft (www.bloomberg.com)
1 day ago Microsoft AI Nvidia

Stock trading app Ajaib raised a $270M Series C from SBI Holdings, the largest round since 2022 in Indonesia, where startups raised just ~$340M last year (www.bloomberg.com)
1 day ago Startup Indonesia

A look at Beijing's AGI Bar, the unofficial clubhouse for China's AI industry where entrepreneurs trade gossip, recruit talent, and court investors over beers (www.bloomberg.com)
2 days ago China AI Entrepreneur

Chinese memory chipmaker CXMT reports H1 revenue of ~$22.4B, more than double its 2025 sales, and ~$11.5B in profit, compared to a loss a year earlier (www.bloomberg.com)
2 days ago China

Tencent releases Hy4 Preview, a 770B-parameter foundational model with a 1M context window that it says outperforms Z.AI and Moonshot models in internal tests (www.bloomberg.com)
2 days ago AI Tencent

Sources: Advent and Stripe are no longer pursuing a deal to acquire PayPal; the group offered to pay $60.50/share in July, valuing PayPal at $53B (www.bloomberg.com)
2 days ago

Workday reports Q2 revenue up 12.8% YoY to $2.65B vs. $2.63B est., and total subscription revenue backlog up 8% YoY to $27.4B, vs. $28.6B est. (www.bloomberg.com)
2 days ago

Sources: the FTC has been investigating whether YouTube broke consumer protection laws by violating its own policies when suspending accounts or banning content (www.bloomberg.com)
2 days ago YouTube

Plaud unveils Plaud One, a $250 pair of 4G, eSIM-enabled AI earbuds with coverage in 80+ countries and $200 in AI feature credits; Plaud is making 2,000 units (www.bloomberg.com)
3 days ago AI

Samsung unveils the Galaxy S26 FE, offering a MediaTek, not Qualcomm, chipset, 12GB of RAM, a dialed-back camera system from the S26, for $700+, a $50 jump (www.bloomberg.com)
3 days ago Samsung

Hugging Face unveils Microduck, a $400, 1.7lb, 10-inch-tall bipedal robot developed in part by Pollen Robotics and manufactured by Shenzhen-based Seeed Studio (www.bloomberg.com)
3 days ago Robot Shenzhen

Meta says its new teen safeguards on Facebook and Instagram are exclusively for US users; the changes will be closely watched by officials outside of the US (www.bloomberg.com)
3 days ago Facebook Instagram

Sources: the US is probing Singapore-based Apex Logistics for its suspected role in smuggling servers with Nvidia AI chips to China; Apex says it is cooperating (www.bloomberg.com)
3 days ago China AI Singapore Nvidia Logistics

AWS plans to add 2M Nvidia Blackwell Ultra, Rubin, and Rubin Ultra GPUs to its data center fleet in 2027 and 2028, in addition to 1M GPUs announced in March (www.bloomberg.com)
3 days ago Nvidia

CrowdStrike reports Q2 revenue up 26% YoY to $1.47B, vs. $1.44B est., and forecasts FY 2027 revenue above estimates; CRWD jumps 9%+ after hours (www.bloomberg.com)
3 days ago

HP reports Q3 revenue up 12.5% YoY to $15.7B, PC revenue up 18% to $11.8B, but units down 16%, and Printing revenue down 2% to $3.9B; HPQ drops 9%+ after hours (www.bloomberg.com)
3 days ago

Sources: Anthropic has agreed to pay Nscale $45B over six years to rent about 460MW of power at a West Virginia data center using Nvidia's Vera Rubin chips (www.bloomberg.com)
3 days ago Nvidia Virginia

Alibaba releases Qwen3.8-Flash, an open-weight, 125B-parameter model built on its next-gen Qwen 4 architecture, saying it rivals Opus 4.6 and V4-Flash (www.bloomberg.com)
4 days ago Alibaba

Shanghai-based MiniMax reports H1 2026 revenue up 283% YoY to ~$116.6M, above 2025's 159% YoY growth, as its M3 model lags behind rivals like Z.ai's GLM-5.2 (www.bloomberg.com)
4 days ago AI Shanghai

Sources and documents: Huawei proposes exporting its high-end Ascend 950-series chips to build Egyptian government AI data centers, testing US tech diplomacy (www.bloomberg.com)
4 days ago AI Egypt

Z.ai confirms Ox Alpha is a new iteration of its GLM series and says it will release the weights for it tonight; Ox Alpha topped OpenRouter's leaderboard (www.bloomberg.com)
4 days ago AI

Revolut rolls out its euro-pegged stablecoin EURR, initially to eligible customers in Denmark, Poland, and Portugal; Stripe-owned Bridge issues the stablecoin (www.bloomberg.com)
4 days ago Poland Portugal

Indian AI infrastructure company AM Intelligence orders 9,000 Nvidia Vera Rubin systems and plans to offer 1GW of computing capacity as part of an $8B project (www.bloomberg.com)
4 days ago India AI Nvidia Intelligence

Sources: Meta and state AGs have discussed a possible mid-trial settlement of the social media addiction lawsuit, which is currently in its second week of trial (www.bloomberg.com)
4 days ago

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