Articles from www.bloomberg.com

Articles from www.bloomberg.com

Sources: Disney's Sora deal is entirely in OpenAI stock rather than a cash licensing fee; Disney has the option to buy additional stock beyond the $1B stake (www.bloomberg.com)
19 minutes ago

How crypto entrepreneur Bill Zanker helped Trump and Melania launch memecoins; as of December 10, $TRUMP was down 92% since its peak and $MELANIA was down 99% (www.bloomberg.com)
1 hour ago Trump Entrepreneur

Lidar manufacturer Luminar files for Chapter 11 bankruptcy and says it reached a deal to sell its semiconductor subsidiary to Quantum Computing Inc. for $110M (www.bloomberg.com)
4 hours ago Quantum

An interview with Marcos Galperin, the CEO of MercadoLibre, which has a $105B market cap, on deciding to resign, MercadoLibre's rivalry with Amazon, and more (www.bloomberg.com)
7 hours ago Amazon Interview

Memo: Greg Peters and Ted Sarandos lay out Netflix's WBD case, moving to quell concerns about job losses and the end of theater releases, after Paramount's bid (www.bloomberg.com)
9 hours ago Netflix

AI drug discovery startup Chai Discovery raised a $130M Series B led by Oak HC/FT and General Catalyst at a $1.3B valuation, taking its total funding to $225M (www.bloomberg.com)
10 hours ago Startup AI

Analysis: Tata, Infosys, and Cognizant are set to bear the brunt of Trump's $100K H-1B fee; from 2020 to 2024, 93% of Infosys' H-1B hires would have had to pay (www.bloomberg.com)
10 hours ago Trump H1B

An interview with Marcos Galperin, CEO of MercadoLibre, which has a $105B market cap, on his upcoming resignation, MercadoLibre's rivalry with Amazon, and more (www.bloomberg.com)
20 hours ago Amazon Interview

iRobot files for Chapter 11 bankruptcy after reaching a restructuring support agreement to hand control to its secured lender and key supplier, Shenzhen Picea (www.bloomberg.com)
21 hours ago Shenzhen

A profile of ASML, Europe's most valuable company, as it prepares for a transition to High NA EUV, with high-volume manufacturing expected in 2027 and 2028 (www.bloomberg.com)
1 day ago Europe Manufacturing

Sources: ServiceNow is in advanced talks to buy Armis, which helps businesses secure and manage IoT devices, in a deal that may value Armis at as much as $7B (www.bloomberg.com)
1 day ago IoT

Q&A with Microsoft AI CEO Mustafa Suleyman on defining superintelligence, its application in the medical field, universal basic income, regulation, and more (www.bloomberg.com)
1 day ago Microsoft AI

To build more powerful AI systems, some AI leaders are focusing on pursuing an approach called continual learning, which mimics how people learn over time (www.bloomberg.com)
1 day ago AI

How Oracle's massive Stargate deal with OpenAI has pushed Oracle to the center of the AI boom, turning its market cap into a barometer on AI sentiment (www.bloomberg.com)
2 days ago AI Oracle

The AI boom is delaying US municipal projects, as ~$4T in AI infra spending through 2030 shifts skilled construction workers to AI data centers (www.bloomberg.com)
2 days ago AI

A look at Netflix House in Philadelphia, a new 100K sq. ft. location for in-person experiences, which resembles a Disneyland attraction and a Dave & Buster's (www.bloomberg.com)
2 days ago Netflix

Sources: The Trump administration is drafting a new cyber strategy that would enlist private companies to mount offensive cyberattacks on foreign adversaries (www.bloomberg.com)
2 days ago Trump

Broadcom's shares fell 11% on December 12, their biggest single-day drop since January, after the company's AI sales outlook fell short of investor expectations (www.bloomberg.com)
2 days ago AI

Seagate and Western Digital, with stocks each up 200%+ in 2025, will join Nasdaq 100 before the December 22 market open; GlobalFoundries will leave the index (www.bloomberg.com)
2 days ago Western Digital

Internal message: SpaceX has authorized an insider share sale at $421/share, valuing the company at ~$800B, and said it's preparing for a possible IPO in 2026 (www.bloomberg.com)
2 days ago IPO SpaceX

Sources: Intel is in advanced talks to acquire AI chip startup SambaNova for about $1.6B including debt; the deal could come together as soon as next month (www.bloomberg.com)
2 days ago Intel Startup AI

David Sacks says China is rejecting Nvidia's H200 AI chips, because the country wants “semiconductor independence” and to “prop up and subsidize Huawei” (www.bloomberg.com)
3 days ago China AI Nvidia

David Sacks says Trump's AI EO aims to ease companies' compliance burden and that the administration is working with Congress on a common AI oversight standard (www.bloomberg.com)
3 days ago Trump AI

Sources: X reported $752M in Q3 revenue, up 17% YoY, a net loss of $577.4M, and EBITDA of ~$454M, up 16%; revenue for the first nine months of 2025 was $2B+ (www.bloomberg.com)
3 days ago

Sources: Oracle has pushed back completion dates for some data centers it is building for OpenAI from 2027 to 2028, largely due to labor and material shortages (www.bloomberg.com)
3 days ago Oracle

TechInsights: Huawei's Kirin 9030 processor, used in its Mate 80 Pro Max phone, is China's most advanced chip to date and produced with SMIC's updated 7nm tech (www.bloomberg.com)
3 days ago China

Sources: China is considering a $28B to $70B incentives package, which will operate separately from the $50B Big Fund III, to support its chipmaking industry (www.bloomberg.com)
3 days ago China

A US appeals court upholds a contempt ruling in Epic v. Apple but says Apple can charge commissions on external links, with the rate to be set by a lower court (www.bloomberg.com)
4 days ago Apple

Medra, which programs robots with AI to conduct and improve biological experiments, raised $52M led by Human Capital, taking its total funding to $63M (www.bloomberg.com)
4 days ago AI Robot

Uber discontinues monthly EV bonuses as it scales back key climate efforts after embracing Trump's Big Beautiful Bill, which slashed clean-energy incentives (www.bloomberg.com)
4 days ago Trump Uber Energy Climate

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