Articles from www.bloomberg.com

Articles from www.bloomberg.com

Sources: Qualcomm reached a deal with ByteDance to supply millions of ASICs for AI data centers to support AI agents in the Doubao chatbot; QCOM jumps 5%+ (www.bloomberg.com)
3 hours ago AI chatbot

SEC filing: Quantinuum is seeking to raise $1.05B in its US IPO, marketing ~21M shares for $45 to $50 each, giving it a $12.7B valuation at the top of the range (www.bloomberg.com)
6 hours ago IPO

Pony AI reports Q1 revenue up 145% YoY to ~$34.3M, above $21.7M est., and increases its 2026 robotaxi fleet target by 500 to 3,500 vehicles on fast growth (www.bloomberg.com)
7 hours ago AI

Xiaomi reports Q1 revenue down 11% YoY to ~$14.6B, its first quarterly decline in three years, and net income down 57% to $695M amid a global memory price jump (www.bloomberg.com)
8 hours ago Xiaomi

Sources: Chinese government agencies begin imposing overseas travel restrictions on individuals involved in advanced AI work, including at Alibaba and DeepSeek (www.bloomberg.com)
10 hours ago China Alibaba AI

SoftBank stock jumped 4.6% to a record high on Monday, spurred by hopes of big returns from the company's stakes in OpenAI and SB Energy Corp if they go public (www.bloomberg.com)
1 day ago Energy

Plenary Americas LP, La Caisse's infrastructure arm, agrees to acquire and take private Canadian database company ISC for $872M, expected to close in Q3 (www.bloomberg.com)
1 day ago Database Canada

A deep dive into Apple Watch and Health efforts; sources: iOS 27 to get a revamped AirPods control panel and default support for AirPlay rivals like Google Cast (www.bloomberg.com)
2 days ago IOS Google Apple

Tether buys out SoftBank's ~26% stake in bitcoin treasury company Twenty One Capital, taking its stake to ~71%; SoftBank's stake was worth ~$679M (www.bloomberg.com)
2 days ago Bitcoin

Moment, which develops AI tools for automating fixed-income and equities trading tech, raised a $78M Series C led by Index Ventures, with a16z participating (www.bloomberg.com)
2 days ago AI Equity

DeepSeek says it will lower V4 Pro API prices by 75% to $0.435/1M input and $0.87/1M output tokens, making permanent the discount prices set to expire on May 31 (www.bloomberg.com)
2 days ago

Salesforce's promotional videos showcased Agentforce mock-ups and features that are not widely available, as CEO Marc Benioff defends forward-looking marketing (www.bloomberg.com)
2 days ago Salesforce

Jensen Huang urged Super Micro to tighten up compliance after Taiwan detained three people for allegedly trying to export servers with Nvidia chips to China (www.bloomberg.com)
3 days ago China Taiwan Nvidia

Dell says it has 5,000 clients for its AI Factory, a product line of servers with Nvidia chips, software, and services, including 1,000 new clients last quarter (www.bloomberg.com)
3 days ago AI Nvidia

As the US House probes Airbnb's use of Chinese AI models, CEO Brian Chesky says the company is not sharing data with Chinese firms and uses open-source models (www.bloomberg.com)
3 days ago China AI Airbnb

Samsung's bonus deal is fueling employee resentment over a 100x payout gap between memory division staff and those making smartphones, TVs, and home appliances (www.bloomberg.com)
3 days ago Samsung

FOIA lawsuit documents show hackers who breached SolarWinds potentially had access to all “treasury.gov” email addresses from July 6, 2020 to October 12, 2020 (www.bloomberg.com)
3 days ago

Filing: Zoom's stake in Anthropic is worth ~$1.27B based on a February round which valued Anthropic at $380B; Zoom invested an additional $46M in recent months (www.bloomberg.com)
3 days ago

Sources: the SEC has delayed the release of a plan for an “innovation exemption” that would allow crypto firms to trade tokenized versions of US stocks (www.bloomberg.com)
3 days ago

Sources: DeepSeek execs told potential investors in its ongoing $10B round that it will prioritize groundbreaking AI research over short-term commercialization (www.bloomberg.com)
4 days ago AI

Sources: Nintendo asked partners and suppliers to assemble ~20M Switch 2 consoles by March 2027, ~20% above the 16.5M public sales outlook issued in early May (www.bloomberg.com)
4 days ago Nintendo

Sources: Bungie plans a significant number of layoffs as it ends development on Destiny 2 and has no new project lined up for the game's development team (www.bloomberg.com)
4 days ago Layoffs

ElevenLabs, which aims to build an all-in-one AI voice app, licensed 200K human-voiced audiobooks from major publishers, available in ElevenReader for $11/mo. (www.bloomberg.com)
4 days ago AI

Source: Cursor reached $3B in annualized revenue in late April and now has 3,000+ customers paying at least $100K each for its software on an annualized basis (www.bloomberg.com)
4 days ago

Zoom reports Q1 revenue up 5.5% YoY to $1.24B, vs. $1.22B est., AI Companion paid users up 184%, forecasts FY 2027 revenue above est.; ZM jumps 8%+ after hours (www.bloomberg.com)
4 days ago AI

Sources: the EU will propose temporarily lifting sanctions, imposed in April, on a major Chinese semiconductor supplier after automakers warned of shortages (www.bloomberg.com)
5 days ago China

Source: smart ring maker Oura filed confidentially for a US IPO, set for later in 2026; SF- and Finland-based Oura had an $11B valuation in September 2025 (www.bloomberg.com)
5 days ago IPO Finland

Hark, founded by Figure AI CEO Brett Adcock to build AI-powered devices, raised a $700M+ Series A led by Parkway Venture at a $6B post-money valuation (www.bloomberg.com)
5 days ago AI

Anthropic, Blackstone, and Hellman & Friedman's unnamed enterprise services JV buys Fractional AI, its first deal; sources say Fractional ends its OpenAI deal (www.bloomberg.com)
5 days ago AI

Taiwan is seeking to detain three people for forging documents to export Nvidia-powered Super Micro servers to China, Hong Kong, and Macau, breaking US rules (www.bloomberg.com)
5 days ago China Hong Kong Taiwan Nvidia

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