Articles from www.bloomberg.com

Articles from www.bloomberg.com

Letter: Qualcomm tells customers it plans to raise prices by double digit percentage points, after exhausting its ability to absorb higher costs from suppliers (www.bloomberg.com)
2026-7-25

Midjourney bought astrology app Co-Star, which uses AI to offer personalized advice, in the spring and is building its first standalone image-generation app (www.bloomberg.com)
2026-7-25 AI

Sources: SpaceX started turning away satellite operators seeking dedicated Falcon 9 rides beyond 2028, and stopped building some non-reusable Falcon components (www.bloomberg.com)
2026-7-24 SpaceX

Google says it has $811B in contracted future spending commitments as of June, up ~$500B from March, covering chips, data centers, electricity, and more (www.bloomberg.com)
2026-7-24 Google

Sources: AI robotics startup Genesis AI is in talks to raise around $500M in a new funding round at a $3B pre-money valuation (www.bloomberg.com)
2026-7-24 Startup AI Robot

Nvidia signs a $1.5B accord with Amkor, involving a prepayment by Nvidia to help bolster Amkor's chip packaging facility in Arizona; AMKR jumps 16%+ after hours (www.bloomberg.com)
2026-7-24 Nvidia

Filing: the value of Alphabet's investments in unidentified private companies was ~$124.3B as of June 30, source says driven primarily by its Anthropic stake (www.bloomberg.com)
2026-7-24 Alphabet

Germany's Black Forest Labs launches Flux 3 and Flux-mimic, its first models for robotics, as it expands from generative AI into physical AI (www.bloomberg.com)
2026-7-24 Germany AI Robot

Microsoft replaces OpenAI's image-generating models with its MAI models in its products; Mustafa Suleyman says MAI models are ~85% cheaper to run in PowerPoint (www.bloomberg.com)
2026-7-24 Microsoft

Sources: three OpenAI models breached Hugging Face's internal systems in a matter of hours, an attack that would have taken a talented hacker a couple of weeks (www.bloomberg.com)
2026-7-24 Hacker

Filing: Alphabet holds $94.1B in SpaceX equity post-IPO; $80B are under short-term sale restrictions, while $14.1B remain long-term restricted until Q3 2027 (www.bloomberg.com)
2026-7-23 IPO Equity Alphabet SpaceX

STMicro forecasts Q3 revenue up ~16% YoY to $3.7B, below $3.79B est., and expects AI sales to pass $1B in 2026 and be “well above $2B” in 2027; STM falls 14%+ (www.bloomberg.com)
2026-7-23 AI

Sources: China resumes issuing robotaxi permits after an industry-wide full safety review prompted by an April outage involving 100+ Baidu robotaxis in Wuhan (www.bloomberg.com)
2026-7-23 China

Sources: OpenAI models breached Hugging Face's internal systems in a matter of hours, a feat that would typically have taken a talented hacker a couple of weeks (www.bloomberg.com)
2026-7-23 Hacker

Sources: Shanghai-listed chip test instruments maker Semight, whose stock is up ~2,200% since its April debut, is considering a secondary listing in Hong Kong (www.bloomberg.com)
2026-7-23 Hong Kong Shanghai

Sources detail how Commerce Secretary Howard Lutnick and crypto adviser Bo Hines worked to shape the GENIUS Act and loosen safeguards to benefit Tether (www.bloomberg.com)
2026-7-23

Google projects full-year capex will be $195B to $205B in 2026, after saying in April that it will spend as much as $190B; its Q2 capex hit $44.92B, up 100% YoY (www.bloomberg.com)
2026-7-23 Google

Google says its cloud computing unit had a $514B backlog of contracted work that hasn't been recorded as revenue yet, up from ~$460B held during Q1 (www.bloomberg.com)
2026-7-23 Google

The SEC agrees to pay $150,000 in legal fees to end Coinbase's 2024 lawsuit seeking internal docs on the regulator's Biden-era crackdown on the crypto industry (www.bloomberg.com)
2026-7-23 Coinbase

ServiceNow reports Q2 subscription revenue up 24.5% YoY to $3.88B, increases full year subscription revenue growth estimate to 23%; NOW jumps 4%+ after hours (www.bloomberg.com)
2026-7-23

OpenAI President Greg Brockman says Kimi K3 is a “pretty good model” but it is “too early” to tell whether Moonshot used distillation on OpenAI's models (www.bloomberg.com)
2026-7-23

Cashea, Venezuela's largest fintech startup that offers a banking and payments app, raised a $40M Series A, including $20M in debt, and a $60M Series B (www.bloomberg.com)
2026-7-23 Fintech Startup Venezuela

White House OSTP Director Michael Kratsios says Moonshot AI “acquired GB300-equipped servers and has accessed GB300s in Thailand, likely to train its AI models” (www.bloomberg.com)
2026-7-23 Thailand AI

Meta taps Assaf Keren, former chief security officer at Qualtrics and former CISO at PayPal, as its next CISO, succeeding Guy Rosen (www.bloomberg.com)
2026-7-23 CISO

Sources: Apple is set to debut new versions of every Mac it sells, including long-awaited iMac updates and a revamped MacBook Pro and Neo, across fall and 2027 (www.bloomberg.com)
2026-7-23 Apple MacBook

Samsung teases its smart glasses, developed with Google, Warby Parker, and Gentle Monster, and says they will have nine-hour battery life and privacy features (www.bloomberg.com)
2026-7-22 Google Samsung Battery

OpenAI plans to spend $30B+ on a massive new data center in Georgia, securing 3.2GW of total energy; several hundred MW are set to come online starting in 2028 (www.bloomberg.com)
2026-7-22 Energy

Tencent's Hong Kong-listed shares fall ~7%, the most since April 2025, as investors worry over “rumors” of weaker earnings on August 12, and NetEase drops 5%+ (www.bloomberg.com)
2026-7-22 Hong Kong Tencent

Dune: since January 2021, wallets funded via US-regulated exchanges accounted for ~50% of all traceable trading volume on Polymarket's US-banned global platform (www.bloomberg.com)
2026-7-22

Chinese AI models account for ~60% of token usage by US companies on OpenRouter, making restrictions harder to impose without disrupting US users and businesses (www.bloomberg.com)
2026-7-22 China AI

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