Articles from www.bloomberg.com

Articles from www.bloomberg.com

AI Race Sends Big Tech's Capital Spending to Stratospheric High (www.bloomberg.com)
2026-2-6 AI

Sources: Apple wound down plans for an AI-based virtual health coach in recent weeks; Eddy Cue has told colleagues that Apple needs to move faster in health (www.bloomberg.com)
2026-2-6 AI Apple

How Anthropic's ruthless efficiency comes in part from its mission-obsessed culture, which eliminates the friction that tends to slow things down at Big Tech (www.bloomberg.com)
2026-2-6

Why this is the worst crypto winter ever: AI crowds out crypto for mindshare and power grid access, crypto is mainstream, gold beats BTC as a safe haven, more (www.bloomberg.com)
2026-2-6 AI

Tim Cook told Apple staff at an all-hands that he's “deeply distraught” with the US' current approach to immigration and he will press the issue with lawmakers (www.bloomberg.com)
2026-2-6 Apple Immigration Tim Cook

Anthropic releases Claude Opus 4.6, which it says can scrutinize company data, regulatory filings, and market info; Anthropic now has 300K+ business users (www.bloomberg.com)
2026-2-6

AI interpretability startup Goodfire raised a $150M Series B at a $1.25B valuation, taking its total funding to $209M, and is working on retraining AI models (www.bloomberg.com)
2026-2-6 Startup AI

AI accounting startup Accrual, incubated by General Catalyst, emerges from stealth and raised $75M; Accrual is part of General Catalyst's $1.5B Creation fund (www.bloomberg.com)
2026-2-5 Startup AI

Palo Alto Networks: an Asian cyber-espionage group broke into systems belonging to 70 critical infrastructure organizations and governments in 37+ countries (www.bloomberg.com)
2026-2-5

Bitcoin fell below $70,000, its lowest level since President Trump's election in November 2024 and down 44% from its October 2025 peak, as global markets fall (www.bloomberg.com)
2026-2-5 Trump Bitcoin

Analog chipmaker SiTime agrees to acquire Tokyo-based Renesas' timing unit for $1.5B in cash and 4.13M shares in a ~$2.9B deal, set to close by the end of 2026 (www.bloomberg.com)
2026-2-5 Tokyo

Germany's Federal Cartel Office rules Amazon must stop enforcing price controls for retailers on its German marketplace and seizes €59M; Amazon can appeal (www.bloomberg.com)
2026-2-5 Germany Amazon

TSMC plans to produce 3nm chips at its second plant in Kumamoto, Japan; sources say that is an upgrade from an original plan to produce 7nm chips by late 2027 (www.bloomberg.com)
2026-2-5 Japan

Filing: Baidu announces a stock buyback program of as much as $5B through the end of 2028, and plans to issue its first dividend in 2026 (www.bloomberg.com)
2026-2-5

Filing: Workday is cutting ~400 employees, or ~2% of its workforce, primarily in customer-facing roles, saying the move will help it invest in priority areas (www.bloomberg.com)
2026-2-5

Lunar Energy, which develops software that syncs home batteries into “virtual power plants” and began deploying its own batteries last year, raised $232M (www.bloomberg.com)
2026-2-5 Energy

AI Chipmaker Cerebras raised a $1B Series H led by Tiger Global at a $23B valuation, up from $8.1B in September 2025 (www.bloomberg.com)
2026-2-5 AI

Uber says it plans to expand its robotaxi services to Hong Kong, Madrid, Houston, and Zurich in 2026; Hong Kong will be Uber's first autonomous market in Asia (www.bloomberg.com)
2026-2-5 Hong Kong Uber Asia

Adobe ramped up its ads in 2025, spending $1.4B amid AI competition and Wall Street skepticism, representing a significantly higher share of sales than rivals (www.bloomberg.com)
2026-2-5 AI Wall Street Adobe

Resolve AI, which offers autonomous AI agents to monitor source code and infrastructure to resolve outages, raised $125M led by Lightspeed at a $1B valuation (www.bloomberg.com)
2026-2-5 AI

Egypt plans to ban Roblox in a bid to curb kids' exposure to potentially harmful online material; the Middle East's most populous nation joins Qatar and Turkey (www.bloomberg.com)
2026-2-5 Ban Egypt Qatar

Texas Instruments plans to buy US chip company Silicon Labs in a $7.5B deal, paying $231/share in cash, closing in H1 2027; Silicon Labs has a $4.5B market cap (www.bloomberg.com)
2026-2-4 Texas

Uber plans to expand its robotaxi services to Hong Kong, Madrid, Houston, and Zurich in 2026; Hong Kong will be Uber's first autonomous market in Asia (www.bloomberg.com)
2026-2-4 Hong Kong Uber Asia

Prosus agrees to a multiyear AWS cloud and AI deal that runs into “hundreds of millions of dollars”, as it seeks to expand in Europe, India, and Latin America (www.bloomberg.com)
2026-2-4 Europe U.S. India AI Latin America

German chipmaker Infineon reports Q1 revenue up 7% YoY €3.66B, above €3.62B est., expects to raise investments to €2.7B in 2026, and forecasts growing AI demand (www.bloomberg.com)
2026-2-4 Germany AI

Galaxy Digital reports a Q4 net loss of $482M, above $282M est., driven primarily by the crypto market crash, and says its trading volumes declined ~40% QoQ (www.bloomberg.com)
2026-2-4 4Q

A profile of Obsidian, a game studio Microsoft acquired in 2018, as it seeks to expedite game development and reduce costs after releasing three titles in 2025 (www.bloomberg.com)
2026-2-4 Microsoft

Filing: OpenAI accuses xAI of systematically destroying evidence in its antitrust case by directing employees to use auto-deleting “ephemeral messaging tools” (www.bloomberg.com)
2026-2-4

Source: Anthropic plans an employee tender offer at a valuation of at least $350B, the same valuation discussed in the company's ongoing $20B fundraising (www.bloomberg.com)
2026-2-4

Salesforce's Tableau chief, Ryan Aytay, leaves after 19 years at the company, just two months after Slack CEO Denise Dresser left for OpenAI (www.bloomberg.com)
2026-2-4 Salesforce Slack

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