Articles from www.bloomberg.com

Articles from www.bloomberg.com

SK Hynix tops $1T in market value after shares jumped 11% on Wednesday, becoming the third Asian company to hit the mark; shares surged 900%+ in the past year (www.bloomberg.com)
2026-5-27

Sources: Fireworks AI, which helps companies run AI models, is in talks to raise funding at a $15B valuation after being valued at $4B in October 2025 (www.bloomberg.com)
2026-5-27 AI

Sources: Qualcomm reached a deal with ByteDance to supply millions of ASICs for AI data centers to support AI agents in the Doubao chatbot; QCOM jumps 5%+ (www.bloomberg.com)
2026-5-27 AI chatbot

SEC filing: Quantinuum is seeking to raise $1.05B in its US IPO, marketing ~21M shares for $45 to $50 each, giving it a $12.7B valuation at the top of the range (www.bloomberg.com)
2026-5-26 IPO

Pony AI reports Q1 revenue up 145% YoY to ~$34.3M, above $21.7M est., and increases its 2026 robotaxi fleet target by 500 to 3,500 vehicles on fast growth (www.bloomberg.com)
2026-5-26 AI

Xiaomi reports Q1 revenue down 11% YoY to ~$14.6B, its first quarterly decline in three years, and net income down 57% to $695M amid a global memory price jump (www.bloomberg.com)
2026-5-26 Xiaomi

Sources: Chinese government agencies begin imposing overseas travel restrictions on individuals involved in advanced AI work, including at Alibaba and DeepSeek (www.bloomberg.com)
2026-5-26 China Alibaba AI

SoftBank stock jumped 4.6% to a record high on Monday, spurred by hopes of big returns from the company's stakes in OpenAI and SB Energy Corp if they go public (www.bloomberg.com)
2026-5-26 Energy

Plenary Americas LP, La Caisse's infrastructure arm, agrees to acquire and take private Canadian database company ISC for $872M, expected to close in Q3 (www.bloomberg.com)
2026-5-25 Database Canada

A deep dive into Apple Watch and Health efforts; sources: iOS 27 to get a revamped AirPods control panel and default support for AirPlay rivals like Google Cast (www.bloomberg.com)
2026-5-25 IOS Google Apple

Tether buys out SoftBank's ~26% stake in bitcoin treasury company Twenty One Capital, taking its stake to ~71%; SoftBank's stake was worth ~$679M (www.bloomberg.com)
2026-5-24 Bitcoin

Moment, which develops AI tools for automating fixed-income and equities trading tech, raised a $78M Series C led by Index Ventures, with a16z participating (www.bloomberg.com)
2026-5-24 AI Equity

DeepSeek says it will lower V4 Pro API prices by 75% to $0.435/1M input and $0.87/1M output tokens, making permanent the discount prices set to expire on May 31 (www.bloomberg.com)
2026-5-24

Salesforce's promotional videos showcased Agentforce mock-ups and features that are not widely available, as CEO Marc Benioff defends forward-looking marketing (www.bloomberg.com)
2026-5-24 Salesforce

Jensen Huang urged Super Micro to tighten up compliance after Taiwan detained three people for allegedly trying to export servers with Nvidia chips to China (www.bloomberg.com)
2026-5-24 China Taiwan Nvidia

Dell says it has 5,000 clients for its AI Factory, a product line of servers with Nvidia chips, software, and services, including 1,000 new clients last quarter (www.bloomberg.com)
2026-5-24 AI Nvidia

As the US House probes Airbnb's use of Chinese AI models, CEO Brian Chesky says the company is not sharing data with Chinese firms and uses open-source models (www.bloomberg.com)
2026-5-23 China AI Airbnb

Samsung's bonus deal is fueling employee resentment over a 100x payout gap between memory division staff and those making smartphones, TVs, and home appliances (www.bloomberg.com)
2026-5-23 Samsung

FOIA lawsuit documents show hackers who breached SolarWinds potentially had access to all “treasury.gov” email addresses from July 6, 2020 to October 12, 2020 (www.bloomberg.com)
2026-5-23

Filing: Zoom's stake in Anthropic is worth ~$1.27B based on a February round which valued Anthropic at $380B; Zoom invested an additional $46M in recent months (www.bloomberg.com)
2026-5-23

Sources: the SEC has delayed the release of a plan for an “innovation exemption” that would allow crypto firms to trade tokenized versions of US stocks (www.bloomberg.com)
2026-5-23

Sources: DeepSeek execs told potential investors in its ongoing $10B round that it will prioritize groundbreaking AI research over short-term commercialization (www.bloomberg.com)
2026-5-22 AI

Sources: Nintendo asked partners and suppliers to assemble ~20M Switch 2 consoles by March 2027, ~20% above the 16.5M public sales outlook issued in early May (www.bloomberg.com)
2026-5-22 Nintendo

Sources: Bungie plans a significant number of layoffs as it ends development on Destiny 2 and has no new project lined up for the game's development team (www.bloomberg.com)
2026-5-22 Layoffs

ElevenLabs, which aims to build an all-in-one AI voice app, licensed 200K human-voiced audiobooks from major publishers, available in ElevenReader for $11/mo. (www.bloomberg.com)
2026-5-22 AI

Source: Cursor reached $3B in annualized revenue in late April and now has 3,000+ customers paying at least $100K each for its software on an annualized basis (www.bloomberg.com)
2026-5-22

Zoom reports Q1 revenue up 5.5% YoY to $1.24B, vs. $1.22B est., AI Companion paid users up 184%, forecasts FY 2027 revenue above est.; ZM jumps 8%+ after hours (www.bloomberg.com)
2026-5-22 AI

Sources: the EU will propose temporarily lifting sanctions, imposed in April, on a major Chinese semiconductor supplier after automakers warned of shortages (www.bloomberg.com)
2026-5-22 China

Source: smart ring maker Oura filed confidentially for a US IPO, set for later in 2026; SF- and Finland-based Oura had an $11B valuation in September 2025 (www.bloomberg.com)
2026-5-22 IPO Finland

Hark, founded by Figure AI CEO Brett Adcock to build AI-powered devices, raised a $700M+ Series A led by Parkway Venture at a $6B post-money valuation (www.bloomberg.com)
2026-5-22 AI

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