Articles from www.bloomberg.com

Articles from www.bloomberg.com

GSR fund documents: TikTok rival Xiaohongshu, known as RedNote in the US, saw its valuation rise 19% to $31B from $26B in March during recent GSR transactions (www.bloomberg.com)
2025-9-4

Sources: DeepSeek is developing an agentic AI model that can carry out multi-step actions with little direction as well as learn and improve, set for a Q4 debut (www.bloomberg.com)
2025-9-4 AI 4Q

Indian government data: India's push to develop a local chip industry is gaining momentum, with $18B in investment commitments and $7B+ in allocated subsidies (www.bloomberg.com)
2025-9-4 India

Anthropic named the Qatar Investment Authority as a “significant” investor in its $13B round; QIA expects to do up to 25 tech deals through 2026 (www.bloomberg.com)
2025-9-4 Qatar

Polymarket CEO says the company “has been given the green light to go live” in the US after the CFTC issued a no-action letter regarding event contracts (www.bloomberg.com)
2025-9-4 CFTC

HPE reports Q3 revenue up 19% YoY to $9.1B, Server revenue up 16% YoY to $4.9B, and Q4 guidance below estimates (www.bloomberg.com)
2025-9-4 4Q

Salesforce reports Q2 revenue up 10% YoY to $10.2B and forecasts Q3 revenue below estimates (www.bloomberg.com)
2025-9-4 Salesforce

Sources: Apple plans an AI search tool, World Knowledge Answers, for spring 2026 as part of a Siri revamp; Apple and Google plan to test a Google model for Siri (www.bloomberg.com)
2025-9-4 Google AI Apple

Sources: Mistral AI is finalizing a €2B investment that values the company at €12B, in its first fundraise since June 2024, when it was valued at €5.8B (www.bloomberg.com)
2025-9-4 AI

A profile of Ashish Vaswani, an Attention Is All You Need co-author and an Essential AI co-founder, who says the transformer-based labs are stifling innovation (www.bloomberg.com)
2025-9-4 AI

You.com, which pivoted from AI search to enterprise AI tools, raised $100M led by Cox Enterprises at a $1.5B valuation, after a $50M Series B in September 2024 (www.bloomberg.com)
2025-9-3 AI

Garmin unveils the $1,200+ Fenix 8 Pro, including new satellite and cellular communications tools, and a $2,000 microLED version, both shipping September 8 (www.bloomberg.com)
2025-9-3

Finnish quantum computing startup IQM raised a $320M Series B led by Ten Eleven at a $1B+ valuation, and plans a US expansion and to scale its data centers (www.bloomberg.com)
2025-9-3 Startup Finland Quantum

AI search engine startup Exa Labs raised an $85M Series B led by Benchmark at a $700M valuation, up 10x on its 2024 Series A, and plans to grow its GPU cluster (www.bloomberg.com)
2025-9-3 Startup AI

Polar launches the $199 Polar Loop, a screen-free fitness band to track activity, sleep, and more without a subscription, in three colors, shipping September 10 (www.bloomberg.com)
2025-9-3

A profile of Ashish Vaswani, lead author of Attention Is All You Need and Essential AI co-founder, who says the transformer-based AI boom is stifling innovation (www.bloomberg.com)
2025-9-3 AI

Sources: Nintendo repeatedly pushed back Switch 2 launch plans after game designers asked for more time, believing a focus on gameplay trumped advanced hardware (www.bloomberg.com)
2025-9-3 Nintendo

The EU's General Court backs the EU-US Data Privacy Framework, approved in 2023, rejecting a legal challenge that US surveillance laws fall short of EU laws (www.bloomberg.com)
2025-9-3

Apple's lead AI researcher for robotics, Jian Zhang, has left for Meta's Robotics Studio; sources: three more researchers left Apple's Foundation Models team (www.bloomberg.com)
2025-9-3 AI Apple Robot

Procurement records show the Trump administration jettisoned a Biden-era order and reactivated an ICE contract for Paragon spyware (www.bloomberg.com)
2025-9-3 Trump

Sources: the EU delayed a planned September 1 fine against Google over ad tech practices, amid fears it could provoke Trump and unravel progress on trade talks (www.bloomberg.com)
2025-9-3 Trump Google

Source: Mexico City-based Kapital, which offers financial visibility tools to SMBs, raised an $86M Series C led by Tribe Capital at a ~$1.3B valuation (www.bloomberg.com)
2025-9-3 Mexico

Varonis Systems agrees to acquire email security company SlashNext for up to $150M, including retention awards, after buying database company Cyral for ~$25M (www.bloomberg.com)
2025-9-2 Database

TSMC says the US revoked its authorization to ship gear to its main Chinese chipmaking base in Nanjing, after the US revoked Samsung's and SK Hynix's waivers (www.bloomberg.com)
2025-9-2 China Samsung

A look at a16z's Speedrun, a YC-like accelerator targeting a more creative demographic; a16z invested $180M into 150 Speedrun companies over the last 18 months (www.bloomberg.com)
2025-9-2

Filing: Klarna and some shareholders are selling 34.3M shares for $35 to $37 each, aiming to raise up to $1.27B and giving it an up to ~$14B market cap (www.bloomberg.com)
2025-9-2

A look at AI adoption across US schools and colleges, as tech companies invest in AI education initiatives, including partnerships with major teachers' unions (www.bloomberg.com)
2025-9-2 AI Education

Internal memo: Revolut begins a secondary share sale for staffers at $1,381.06 per share, valuing Revolut at $75B, up from $45B in a 2024 secondary share sale (www.bloomberg.com)
2025-9-2

Sources: OpenAI is scouting local partners to set up a 1GW+ data center in India, although the exact timeline is unclear; Sam Altman is set to visit this month (www.bloomberg.com)
2025-9-1 India

Pharma commercialization company Eversana merges with Waltz Health, which provides drug price-comparison software to insurers, creating an entity valued at $6B (www.bloomberg.com)
2025-9-1

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