Articles from www.bloomberg.com

Articles from www.bloomberg.com

Sources: Crusoe is in active talks to raise ~$3B in a funding round expected to value the company in the ~$30B range, up from a ~$10B valuation in October (www.bloomberg.com)
2026-7-3

Sources: ElevenLabs held early talks with investors on a secondary share sale for staff that would value the startup at ~$22B; it was valued at $11B in February (www.bloomberg.com)
2026-7-3 Startup

Sources: Palmer Luckey's Erebor Bank is in talks to raise money at an $8B+ valuation, up from $4.35B in 2025; its deposits grew from $1.1B in March to $4B now (www.bloomberg.com)
2026-7-3

Kling AI, the Kuaishou AI video generator spin-off, raised $2B at a $15B pre-money valuation and says the round could extend to as much as $3B (www.bloomberg.com)
2026-7-3 AI

SoftBank and its telecom unit launch SB Neo to offer AI chips and cloud services to big companies, aiming to provide 10GW of capacity in the US by 2030 (www.bloomberg.com)
2026-7-2 AI

Sources: Meta plans a cloud infrastructure business that will sell access to AI compute and models, to compete with AWS, Azure, and Google Cloud; META jumps 9% (www.bloomberg.com)
2026-7-2 Google AI

Germany-based Quantum Systems, which sells surveillance drones used by Ukraine, raised $1.2B led by Blackstone, Noteus, Airbus, and Advent at an ~$8B valuation (www.bloomberg.com)
2026-7-2 Germany Airbus Drone Ukraine Quantum

A look at the CSOP SK Hynix Leveraged ETF, which trades in Hong Kong and has ballooned into a $13B fund, becoming the world's largest single-stock leveraged ETF (www.bloomberg.com)
2026-7-2 Hong Kong ETF

The European Court of Justice rules that Google's earlier defeat against a €4.1B European Commission penalty over abusing Android market power should stand (www.bloomberg.com)
2026-7-2 Android Europe Google

Sources: data center operator Switch seeks a ~$2B funding round valuing the company at ~$50B, including debt, led by a $400M investment from Andreessen Horowitz (www.bloomberg.com)
2026-7-2

Sources: Apple is in negotiations to buy chips from CXMT and YMTC, two Chinese semiconductor makers on a Pentagon blacklist, for use in devices sold in China (www.bloomberg.com)
2026-7-2 China Apple Pentagon

India-based short video app ShareChat's parent company Mohalla Tech plans to raise up to $400M in an IPO in 2027; ShareChat has ~65M micro-drama viewers monthly (www.bloomberg.com)
2026-7-2 India IPO

Amazon's emissions rose 16%+ YoY in 2025, driven by data center construction and delivery fuel, while Google's “ambition-based” emissions jumped 18% YoY in 2025 (www.bloomberg.com)
2026-7-2 Google Amazon

Bending Spoons, which owns Vimeo and AOL, closed up 40% in its US market debut on Wednesday at a $25.7B valuation, after raising $1.68B in its IPO (www.bloomberg.com)
2026-7-2 IPO

Sources: Apple is working on new iPad Pros and an entry-level 14" MacBook Pro with a new design in line with the upcoming touch-screen laptops for H1 2027 (www.bloomberg.com)
2026-7-2 Apple MacBook iPad

Uber dismissed two leaders at its AI data labeling business as part of a broader leadership transition at the unit, which it says is “seeing strong momentum” (www.bloomberg.com)
2026-7-2 Uber AI

Abu Dhabi-based MGX raised a $49B AI-focused fund, exceeding its $45B target, and plans to spend as much as $10B annually over the next few years (www.bloomberg.com)
2026-7-1 AI

Sources: Meta is developing plans for a cloud infrastructure business that will sell access to AI computing power and models, to compete with AWS and Azure (www.bloomberg.com)
2026-7-1 AI

Taiwanese authorities detain two Super Micro staff and an Albatron manager after a raid of Super Micro's local offices this week over Nvidia shipments to China (www.bloomberg.com)
2026-7-1 China Taiwan Nvidia

Stockholm's Patent and Market Court orders Google to pay nearly $2B to Klarna's PriceRunner in a dispute over abuse of power in the shopping comparison market (www.bloomberg.com)
2026-7-1 Google

Twelve Labs, which is building AI models to make video searchable and understandable, raised a $100M Series B co-led by NEA and Naver, and signs an AWS deal (www.bloomberg.com)
2026-7-1 AI

Wayve files to sell shares on the London Stock Exchange's new Private Securities Market, the first major company to test it, and let staff sell $85M in shares (www.bloomberg.com)
2026-7-1 London

How a new Amazon-built transatlantic fiber-optic link in Ireland is symbolic of the country's AI ambitions, but also of its chronic lack of defense spending (www.bloomberg.com)
2026-7-1 Amazon AI Ireland

ByteDance is building a $39B data center complex in a free-trade zone in Brazil's Ceará, set to be its largest facility outside of China with a 1GW capacity (www.bloomberg.com)
2026-7-1 China Brazil

A look at Manifest, an annual convention for prediction markets where many purists worry that Kalshi and Polymarket are undermining the technology's public good (www.bloomberg.com)
2026-7-1

SpaceX cuts monthly Starlink prices in half in the Memphis area, as it endures blowback and legal challenges from opponents of its Colossus data centers (www.bloomberg.com)
2026-7-1 SpaceX

Lime raised $174M in its US IPO, selling 6.68M shares at $25 each, at the midpoint of the marketed range, giving Lime a market value of $1.6B (www.bloomberg.com)
2026-7-1 IPO

Vimeo owner Bending Spoons raised $1.68B by selling 58M shares at $29 each, valuing it at ~$18.4B, in one of the largest US IPOs by a European company in 2026 (www.bloomberg.com)
2026-7-1 Europe IPO

Sources: Kalshi agreed to pay $20M to sponsor the World Cup knockouts, after initially balking at FIFA's $150M asking price, alongside ADI Predictstreet (www.bloomberg.com)
2026-7-1

Sources: TikTok settles a lawsuit before a second California trial over social media harm to minors for an undisclosed sum; Meta and Snap remain defendants (www.bloomberg.com)
2026-7-1 California

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