Articles from www.bloomberg.com

Articles from www.bloomberg.com

Amsterdam-based Nebius says Meta plans to spend up to $27B over five years for access to AI infrastructure, starting with $12B of capacity in early 2027 (www.bloomberg.com)
2 days ago AI

Sources: Alibaba may unveil a Qwen-based AI agent for enterprises as soon as this week, and plans to gradually integrate the agent into its services like Alipay (www.bloomberg.com)
2 days ago Alibaba AI Alipay

Takeaways from the 2026 Game Developers Conference: a high volume of job seekers amid layoffs, AI was the hot buzzword, more outsourcing than ever, and more (www.bloomberg.com)
3 days ago AI Layoffs

A survey of 1,000 hiring managers: 59% say they stress AI's role in layoffs or hiring freezes “because it plays better”; only 9% say AI has fully replaced roles (www.bloomberg.com)
4 days ago AI Layoffs

An excerpt from the upcoming book Project Maven details how the Pentagon enlisted Silicon Valley to build AI-powered tools of war, now playing out in Iran (www.bloomberg.com)
4 days ago AI Iran Pentagon

The US Army awards Anduril a 10-year contract worth up to $20B to buy its software, hardware, and services; the deal includes a 5-year optional ordering period (www.bloomberg.com)
4 days ago

$TRUMP memecoin surged as much as 60% after its promoters said it would host a gala luncheon at Mar-a-Lago with Trump; the WH hasn't confirmed his attendance (www.bloomberg.com)
4 days ago Trump

Travis Kalanick renames CloudKitchens' parent company as Atoms, focused on creating “gainfully employed robots” for the food, mining, and transport industries (www.bloomberg.com)
5 days ago Robot

Uber is relaunching a robotaxi service with Hyundai-backed Motional in Las Vegas; the service will initially have a safety driver behind the wheel (www.bloomberg.com)
5 days ago Uber Vegas

Sources: HSBC and Standard Chartered are set to be among the first licensed stablecoin issuers in Hong Kong, as the city pushes to become a crypto hub (www.bloomberg.com)
5 days ago Hong Kong HSBC

The European Commission says “X has submitted remedies in relation to its blue check mark” in the EU and the commission will “assess” the proposed remedies (www.bloomberg.com)
5 days ago Europe

Apple is lowering its commission for its mainland China App Store from 30% to 25%, starting on March 15, “following discussions with the Chinese regulator” (www.bloomberg.com)
5 days ago China Apple

Sources: Amazon plans to move its Prime Day sale from July to late June; the shift affects its financial reporting, with event sales coming in Q2 rather than Q3 (www.bloomberg.com)
6 days ago Amazon

Sources: Meta has paused the Persian Gulf section of its 2Africa subsea cable project as the war in the Middle East freezes activity in the region (www.bloomberg.com)
6 days ago

PayPay shares jump 19% in their Nasdaq debut after the company's $879.8M US IPO, the biggest listing by a Japanese company on a US stock exchange in a decade (www.bloomberg.com)
6 days ago Japan IPO

Sources: Apple's foldable iPhone will feature iPad-like layouts and side-by-side apps on its iPad mini-sized inner display and a small iPhone-sized outer screen (www.bloomberg.com)
6 days ago iPhone Apple iPad

Sunday, which is building autonomous home robots, raised a $165M Series B led by Coatue at a valuation of $1.15B, and aims to begin testing in homes this year (www.bloomberg.com)
6 days ago Robot

Michael Dell says “I don't think a company can dictate to a sovereign government what it does with its tools”, responding to a question on the Anthropic feud (www.bloomberg.com)
6 days ago

Sources: Greenoaks founder Neil Mehta is pitching an endowment-type fund to Silicon Valley billionaires to influence CA politics, aiming to raise $100M to $500M (www.bloomberg.com)
6 days ago

Stockholm-based AI coding startup Lovable reaches $400M in ARR, up from $300M in January; rival Cursor hit $2B in annualized revenue in February, per a source (www.bloomberg.com)
6 days ago Startup AI

Microsoft and Meta each committed nearly $50B in additional data center leases in their most recent quarters, taking major cloud companies' total to $700B+ (www.bloomberg.com)
6 days ago Microsoft

Israeli-Dutch startup Wonderful AI, which offers AI agents that can handle customer conversations across voice, chat, and more, raised $150M at a $2B valuation (www.bloomberg.com)
6 days ago Israel Startup AI Netherlands

Sources: India plans to unveil a ~$10.8B fund aimed at bolstering domestic chipmaking, including subsidizing chip design projects and manufacturing equipment (www.bloomberg.com)
6 days ago India Manufacturing

Microsoft is pushing for more Africans to adopt its AI tools as it competes with DeepSeek: training 3M people, partnering with telecom MTN to sell 365, and more (www.bloomberg.com)
6 days ago Microsoft AI

Sources: Alibaba-backed PixVerse, which develops AI video generation tools, raised a $300M Series C led by CDH; the company says the round values it at $1B+ (www.bloomberg.com)
6 days ago Alibaba AI

Sources: India is drafting new smartphone manufacturing incentives linking subsidies to exports and greater use of local components, benefiting Apple and others (www.bloomberg.com)
6 days ago India Apple Manufacturing

Sources: the foldable iPhone will feature an iPad-like interface for its iPad mini-sized inner display and have an outer screen the size of a small iPhone (www.bloomberg.com)
7 days ago iPhone iPad

Sources: Netflix will pay as much as $600M for InterPositive, Ben Affleck's AI moviemaking company, including bonuses for meeting certain performance targets (www.bloomberg.com)
7 days ago AI Netflix

Sources: Ripple kicks off a share buyback at a $50B valuation to repurchase up to $750M in shares from investors and employees in a tender offer through April (www.bloomberg.com)
7 days ago

Amazon raised €14.5B in its euro bond market debut, the biggest ever corporate deal in the currency, following a dollar offering on Tuesday that raised $37B (www.bloomberg.com)
7 days ago Amazon

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