Articles from www.bloomberg.com

Articles from www.bloomberg.com

Inferact, founded by the creators of vLLM to create a commercial AI product for cross-hardware efficiency, raised a $150M seed led by a16z at an $800M valuation (www.bloomberg.com)
2026-1-23 AI

Mistral's CEO says claims that Chinese AI startups lag behind the US are a “fairy tale,” and China's open-source tech is “probably stressing” US CEOs (www.bloomberg.com)
2026-1-23 China Startup AI

Circana: the Switch 2 ended December and 2025 as the US' best-selling video game hardware, offsetting declines among rivals to lift overall hardware spend by 9% (www.bloomberg.com)
2026-1-23

Austin-based Neurophos, which develops a photon-based “Optical Processing Unit” to replace GPUs in AI training, raised $110M led by Bill Gates' Gates Frontier (www.bloomberg.com)
2026-1-23 AI Bill Gates

How Google, Huawei, Microsoft, and Nvidia, as well as startups and university research teams, spent millions of dollars to develop AI weather forecasting tools (www.bloomberg.com)
2026-1-22 Google Microsoft Startup AI Nvidia

Filing: PhonePe reports H1 FY 2026 revenue up 22% YoY to ~$427.5M, a ~$157M loss, and 657.6M users; the payments company plans to sell 50.7M shares in its IPO (www.bloomberg.com)
2026-1-22 IPO

Sources: the US Senate's crypto market structure bill is likely to be delayed by several weeks as key lawmakers shift focus to potential housing legislation (www.bloomberg.com)
2026-1-22 Real Estate Senate

German exchange operator Deutsche Boerse agrees to acquire European fund distribution platform Allfunds for about $6.2B in cash and stock (www.bloomberg.com)
2026-1-22 Germany Europe

The US House Committee on Foreign Affairs approves a bipartisan bill that calls for arms-sale style congressional oversight of advanced AI chip exports (www.bloomberg.com)
2026-1-22 AI

BitGo raises $212.8M in its US IPO at $18 per share, above the marketed range of $15 to $17 per share, giving it a market value of about $2.1B (www.bloomberg.com)
2026-1-22 IPO

Marketing tech startup Applecart raised $100M in a minority funding round led by Blackstone's growth equity business, a source says at a ~$700M valuation (www.bloomberg.com)
2026-1-22 Startup Equity

Sources: Sam Altman has been meeting with top investors in the Middle East, looking to raise at least $50B for OpenAI at a valuation of about $750B to $830B (www.bloomberg.com)
2026-1-22

Sources: AI chip startup SambaNova is seeking to raise $300M to $500M after talks to sell the company to Intel for about $1.6B, including debt, stalled (www.bloomberg.com)
2026-1-22 Intel Startup AI

Sources: Apple plans to revamp Siri this fall in iOS 27 and macOS 27 by turning it into the company's first AI chatbot, replacing the current Siri interface (www.bloomberg.com)
2026-1-22 IOS AI Apple chatbot

Sources: Anthropic's revenue run rate hit $9B+ at the end of 2025, up from $4B in July 2025; Iconiq, Lightspeed, and Menlo are set to join its new funding round (www.bloomberg.com)
2026-1-22

Ubisoft cancels six games and delays others amid a restructuring into five genre-specific “creative houses”; it expects net bookings of ~€1.5B for FY 2025-2026 (www.bloomberg.com)
2026-1-22

Sony launches the $230 LinkBuds Clip, open-style earbuds that sit outside the ear canal, with IPX4 water resistance and a 9 hour battery life, available now (www.bloomberg.com)
2026-1-22 Battery Sony

Upscale AI, which is building AI networking infrastructure, raised $200M led by Tiger, Premji Invest, and Xora Innovation at a $1B valuation to take on Cisco (www.bloomberg.com)
2026-1-22 AI Cisco

Chinese AI startup Zhipu says it is limiting GLM Coding Plan access after strong demand, taking only 20% of its current daily new subscriptions from January 23 (www.bloomberg.com)
2026-1-21 China Startup AI

Berlin-based Cloover, which makes software to help install solar, home batteries, and heat pumps, raised $22M from Lowercarbon and others and $1.2B in debt (www.bloomberg.com)
2026-1-21 Germany Solar

US colleges like Virginia Tech and Georgia Tech are using AI to streamline admissions; Virginia Tech says AI that scores essay questions saved ~8,000 hours (www.bloomberg.com)
2026-1-21 AI Virginia

Signal's Meredith Whittaker says deeper integration of AI agents into devices is “perilous” for encryption, since agents need access to lots of data across apps (www.bloomberg.com)
2026-1-21 AI

OpenAI says it will cover the costs of developing energy-related infrastructure at its Stargate data centers to ensure they don't raise consumers' utility bills (www.bloomberg.com)
2026-1-21 Energy

Analysis: the Trump family has generated about $1.4B from crypto projects since Trump's inauguration a year ago, making up about one-fifth of their fortune (www.bloomberg.com)
2026-1-21 Trump

G42 CEO Peng Xiao says AI chip shipments from Nvidia, AMD, and Cerebras are set to arrive in the UAE within the next few months, as the UAE builds a 200MW hub (www.bloomberg.com)
2026-1-21 AI Nvidia AMD

Drone delivery startup Zipline raised $600M+, boosting its valuation to $7.6B, and says it has now completed 2M+ commercial deliveries of 20M different items (www.bloomberg.com)
2026-1-21 Startup Drone

Netflix reports Q4 revenue up 18% YoY to $12B vs. $11.97B est., 325M paid subs, 2025 revenue up 16% to $45.2B, plans to increase content spend by 10% in 2026 (www.bloomberg.com)
2026-1-21 Netflix 4Q

Greg Yang, one of the co-founders of xAI, is stepping down from the company after being diagnosed with Lyme disease (www.bloomberg.com)
2026-1-21

At the WEF in Davos, Palantir CEO Alex Karp says that AI-driven job displacement will “make it hard to imagine why we should have large-scale immigration” (www.bloomberg.com)
2026-1-21 AI Davos Immigration

Demis Hassabis says Chinese AI companies are about six months behind leading western labs and the response to DeepSeek's R1 was a “massive overreaction” (www.bloomberg.com)
2026-1-21 China AI

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