Articles from www.bloomberg.com

Articles from www.bloomberg.com

SpaceX S-1: Valor Equity Partners founder Antonio Gracias, a longtime Elon Musk ally, controls a 7.3% stake in SpaceX, the second-largest holder after Musk (www.bloomberg.com)
5 days ago Elon Musk Equity SpaceX

Analysis: Samsung could distribute ~$26.6B to chip employees, or ~$340K each for its 78,000 staff, as a bonus in early 2027 as part of a last-minute union deal (www.bloomberg.com)
5 days ago Samsung

Sources: Manus' co-founders are in talks to raise $1B+ to buy back the Chinese-founded company, after Beijing ordered Meta to unwind its $2B acquisition (www.bloomberg.com)
5 days ago China

SpaceX files publicly for its IPO, choosing Nasdaq to make its debut under the symbol SPCX (www.bloomberg.com)
5 days ago IPO SpaceX

An interview with Match Group CEO Spencer Rascoff about plans for Tinder, including a redesign, AI features, live events, and group dating to win over Gen Z (www.bloomberg.com)
6 days ago Interview AI

Socket, which helps companies safeguard open-source code against hackers, raised $60M led by Thrive Capital at a $1B valuation (www.bloomberg.com)
6 days ago

Exa, which offers a search engine that is designed for AI agents, raised $250M led by a16z at a $2.2B valuation, up from $700M in September 2025 (www.bloomberg.com)
6 days ago AI

Owl & Co. report: the podcast industry generated $9.2B in sales globally in 2025, up 23% YoY; 73% of the growth in the US came from video-related revenue (www.bloomberg.com)
6 days ago

Alibaba's T-Head unveils the Zhenwu M890 AI chip for training and inference, saying it is particularly suited for agentic tasks, and plans annual upgrades (www.bloomberg.com)
6 days ago Alibaba AI

Samsung Electronics rejects a labor union-accepted mediation proposal, raising the prospect of a workers' strike; a general work stoppage will proceed on May 21 (www.bloomberg.com)
6 days ago Samsung

Sources detail growing concerns inside SoftBank over Masayoshi Son's $60B+ bet on OpenAI, which some fear concentrates too much capital into a single company (www.bloomberg.com)
6 days ago

Sources: SpaceX expects to proceed with its acquisition of Cursor 30 days after its public trading debut, which is expected to occur on June 12 (www.bloomberg.com)
6 days ago SpaceX

Roblox authorizes its first share buyback program, aiming to repurchase up to $3B of its stock, including $1B over the next year; RBLX is down ~45% YTD (www.bloomberg.com)
6 days ago

Sources: Google DeepMind has reached a ~$100M deal to hire 20+ researchers from Contextual AI, including CEO Douwe Kiela, and license its technology (www.bloomberg.com)
6 days ago Google AI

At a hearing, two of three judges of a federal appeals court appeared skeptical of Anthropic's bid to block the DOD from designating it a supply-chain risk (www.bloomberg.com)
7 days ago

Sources: Apple Chief Hardware Officer Johny Srouji is reorganizing hardware development to integrate silicon teams with product creation and speed up their work (www.bloomberg.com)
7 days ago Apple

NYSE owner Intercontinental Exchange partners with financial infrastructure company Ornn to launch USD-denominated futures contracts for computing power (www.bloomberg.com)
7 days ago

NextEra's $67B deal for Dominion, the largest utility acquisition in US history, signals an era of utility consolidation to accommodate AI-driven power demand (www.bloomberg.com)
7 days ago AI

CertiK: physical attacks on crypto holders rose 75% YoY to 72 confirmed cases and $41M in known losses in 2025; Coinbase spent ~$7.6M to protect Brian Armstrong (www.bloomberg.com)
7 days ago Coinbase

Chinese flash memory chipmaker YMTC says it officially initiated a pre-listing tutoring process with local brokers, marking the first formal step toward an IPO (www.bloomberg.com)
7 days ago China IPO

Sources: Chinese AI startup Moonshot told investors it would revamp its corporate structure to pave the way for a Hong Kong IPO and comply with Beijing's rules (www.bloomberg.com)
7 days ago China Hong Kong IPO Startup AI

Monzo reports FY 2026 revenue up 39% YoY to £1.7B, pre-tax profit up 44% to £87.3M, users up 3M to 15M+, and deposits up 55% to £25.7B, as it expands lending (www.bloomberg.com)
7 days ago Tax

Sources: Analog Devices, one of the largest analog chip makers, is in talks to buy Empower, which makes chips used to regulate voltage, for $1.5B in cash (www.bloomberg.com)
7 days ago

A deep dive into Meta's Hyperion data center campus in Louisiana, expected to reach 5 GW of compute capacity; source: Meta plans to spend $200B+ on the project (www.bloomberg.com)
7 days ago

Sources: AI chip designer Tenstorrent has drawn takeover interest from Intel and Qualcomm; Tenstorrent could be valued at more than $5B in a potential deal (www.bloomberg.com)
7 days ago Intel AI

Akamai is seeking to raise $2.6B in a convertible bond offering, and plans to use $350M of the offering to buy back its common stock from buyers of the bonds (www.bloomberg.com)
7 days ago

Uber increases its stake in Delivery Hero to 19.5%, up from 7% in April, and says it “has no intent to acquire 30% or more” of Delivery Hero's voting rights (www.bloomberg.com)
7 days ago Uber

Sources: competition for Google's TPUs among its employees and researchers intensified as it prioritizes cloud customers and flagship AI products over research (www.bloomberg.com)
8 days ago Google AI

NextEra's $67B deal to buy Dominion, the largest utility merger in US history, signals a new era of utility consolidation to accommodate AI-driven power demand (www.bloomberg.com)
8 days ago AI

Internal chats: in March, xAI offered employees $420 in exchange for completed tax filings as training data for Grok, but the bonuses haven't been paid out (www.bloomberg.com)
8 days ago Tax

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