Articles from www.bloomberg.com

Articles from www.bloomberg.com

Filing shows Shanghai-based MiniMax has begun preparations for a Chinese IPO; the AI company listed in Hong Kong in January and says its ARR has reached $300M (www.bloomberg.com)
2026-5-30 China Hong Kong IPO AI Shanghai

How massive bonuses for Samsung's employees in the memory division have sparked debate over how companies and governments should share profits from the AI boom (www.bloomberg.com)
2026-5-30 Samsung AI

US Space Force says SpaceX won a $4.16B contract to build a space-based tracking network as part of President Trump's Golden Dome defensive shield (www.bloomberg.com)
2026-5-30 Trump SpaceX

Lenovo's stock is up 105% in May, marking its biggest monthly gain since 1999, after earnings showed AI-related revenue helped offset rising memory costs (www.bloomberg.com)
2026-5-29 AI Lenovo

A look at Anthropic's hiring process, which prohibits AI use in interviews and features a culture interview that candidates describe as highly intense (www.bloomberg.com)
2026-5-29 Interview AI

Sources: SpaceX is currently targeting an IPO valuation of at least $1.8T, down from a previous $2T+ target, after consultations with advisers and investors (www.bloomberg.com)
2026-5-29 IPO SpaceX

BYD announces the Xuanji A3 chip, which it calls China's most powerful chip for ADAS and the centerpiece of its new laptop-sized central computing platform (www.bloomberg.com)
2026-5-29 China

Samsung says it has started shipping its first 12-layer HBM4E samples to major clients; SK Hynix said in April that it aimed to ship HBM4E samples in H2 2026 (www.bloomberg.com)
2026-5-29 Samsung

Sources: TikTok is cutting music label-facing jobs to focus on its music distribution arm SoundOn and other projects that connect it more directly with artists (www.bloomberg.com)
2026-5-29

Sources: Apollo Global and Blackstone are working to bring additional investors into a ~$36B debt financing deal to purchase Google TPUs for Anthropic to lease (www.bloomberg.com)
2026-5-29 Google

Autodesk agrees to buy MaintainX, a company focused on maintenance tools, in an all-cash deal that values MaintainX at $3.6B (www.bloomberg.com)
2026-5-29

Waymo unveils Ojai, a vehicle designed in partnership with Zeekr for robotaxi use, initially for select riders in San Francisco, Los Angeles, and Phoenix (www.bloomberg.com)
2026-5-29 San Francisco

Illustrations based on sources detail Apple's Siri overhaul, including a new UI, a chatbot-style app, and other major iOS 27 changes, ahead of WWDC on June 8 (www.bloomberg.com)
2026-5-28 IOS Apple chatbot

Oura unveils the Oura Ring 5, with a 40% smaller form factor, improved sensing, and repositioned LEDs, on sale from June 4 for $399, up from the Ring 4's $349 (www.bloomberg.com)
2026-5-28

Internal speech: JD.com founder Liu Qiangdong vows to protect the company's 900,000 employees from AI and automation, saying it will “do everything possible” (www.bloomberg.com)
2026-5-28 AI

The European Commission launches a full review of JD.com's €2.2B acquisition of German electronics retailer Ceconomy under its Foreign Subsidies Regulation (www.bloomberg.com)
2026-5-28 Germany Europe

As the US AI boom drains venture capital from Africa, startups on the continent are pivoting to domestic funding sources, like pension funds and local VC firms (www.bloomberg.com)
2026-5-28 Startup AI Africa

Swedish chip optical component maker Sivers, whose stock is up ~1,700% YTD, giving it a ~$2.5B market cap, has become one of the country's most-shorted stocks (www.bloomberg.com)
2026-5-28 Sweden

Record Q1 data center spending of $6.2B, up ~100% QoQ, boosted Australia's investment growth, supporting an economy strained by energy costs and high rates (www.bloomberg.com)
2026-5-28 Australia Energy

Global AI hardware demand is easing China's concerns over a stronger yuan hurting exports, as AI hardware exports surge and chip equipment imports rise (www.bloomberg.com)
2026-5-28 China AI

Taiwanese tech companies have completed a record $14.5B of debt deals so far this year, as they race to secure financing to meet soaring demand for AI capacity (www.bloomberg.com)
2026-5-28 Taiwan AI

Swiggy CEO Sriharsha Majety says his company plans to stay out of the spending war as Amazon and Flipkart ramp up their quick commerce efforts across India (www.bloomberg.com)
2026-5-28 India Amazon

HP reports Q2 revenue up 9% YoY to $14.4B, vs. $14B est., Personal Systems revenue up 13% to $10.2B, and forecasts Q3 adjusted EPS above estimates (www.bloomberg.com)
2026-5-28

AI coding startup Cognition AI raised more than $1B at a $26B valuation, and says its revenue run rate has increased to $492M from $37M in May 2025 (www.bloomberg.com)
2026-5-28 Startup AI

The EU proposes new satellite access rules to let non-European companies like SpaceX bid for the airwaves, while preserving 33%+ of licenses for local companies (www.bloomberg.com)
2026-5-28 Europe SpaceX

Sources: ByteDance is discussing capex of up to $70B in 2026 as it builds out data centers and AI infrastructure, underwriting it with its $50B profit from 2025 (www.bloomberg.com)
2026-5-27 AI

Source: at a town hall, TSMC CEO C.C. Wei told staff they will see a 30%+ bump in their profit-sharing payouts in 2026 on average, after some staff had concerns (www.bloomberg.com)
2026-5-27

Sources: Germany and Spain are leading opposition to EU plans to ban Chinese suppliers like Huawei from telecom networks as part of new cybersecurity rules (www.bloomberg.com)
2026-5-27 China Germany Ban Spain

Sources: Taiwan suspects three people smuggled at least one Nvidia chip shipment to China after first exporting them to Japan; Taiwan detained them last week (www.bloomberg.com)
2026-5-27 China Japan Taiwan Nvidia

Samsung's largest union approves a pay deal that would give chip workers an average bonus of ~$340K, with ~74% of members voting in favor, staving off a strike (www.bloomberg.com)
2026-5-27 Samsung

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