Articles from www.bloomberg.com

Articles from www.bloomberg.com

AMD CEO Lisa Su says she expects TSMC's Arizona-made chips to cost “more than 5% but less than 20%” above TSMC's Taiwan-made chips, and to arrive by 2025's end (www.bloomberg.com)
9 days ago Taiwan AMD

At an AI summit, President Trump says he considered breaking up Nvidia before aides told him that doing so was “very hard” and “I learned the facts here” (www.bloomberg.com)
9 days ago Trump AI Nvidia

YouTube has become a valuable resource for professional chefs and, in recent years, has helped skilled amateurs build culinary reputations and open restaurants (www.bloomberg.com)
9 days ago YouTube

CISPE files a legal complaint in the EU, arguing that the bloc's approval of Broadcom's VMware buyout failed to impose conditions to prevent market power abuse (www.bloomberg.com)
9 days ago VMware

Tether CEO Paolo Ardoino says the USDT issuer is making plans to do business in the US after the passage of Genius Act, with a focus on institutional markets (www.bloomberg.com)
9 days ago

Sources: Adani Group has shelved plans for a consumer super app amid losses and internal turmoil, as Reliance and Tata also struggle to scale their platforms (www.bloomberg.com)
9 days ago

Source: the US National Nuclear Security Administration was among those breached via a SharePoint flaw; no sensitive info is known to have been compromised (www.bloomberg.com)
9 days ago

IBM reports Q2 revenue up 8% YoY to $16.98B, vs. $16.59B est., and software revenue up 10% to $7.39B, vs. $7.49B est.; IBM drops 5%+ after hours (www.bloomberg.com)
9 days ago IBM

The White House unveils the AI Action Plan, seeking to assert US dominance over China, including proposals to ease permitting for AI infrastructure projects (www.bloomberg.com)
9 days ago China AI

Uber plans to launch a pilot ride type to match female riders and drivers in LA, San Francisco, and Detroit over the next few weeks, called “Women Drivers” (www.bloomberg.com)
9 days ago Uber San Francisco Detroit

Sonos names interim CEO Tom Conrad as CEO, effective immediately, as it works to restore confidence after its app disaster; Conrad took the job in January 2025 (www.bloomberg.com)
9 days ago

Eye Security: hackers have breached ~400 government agencies, corporations, and other groups via the SharePoint breach, up from an estimated 60 on July 22 (www.bloomberg.com)
9 days ago

Compliance tech startup Vanta raised a $150M Series D led by Wellington Management at a $4.15B valuation, up from $2.45B after raising $150M in July 2024 (www.bloomberg.com)
9 days ago Startup

Apple launches AppleCare One, an insurance plan covering up to three devices for $20 per month, including battery replacements, accidental damage, and more (www.bloomberg.com)
9 days ago Apple Battery Insurance

VenHub, which uses robotics and AI to run fully automated retail stores, confidentially files for a US direct listing, after a $715M SPAC merger failed in May (www.bloomberg.com)
9 days ago Retail AI Robot

Dell says COO Jeff Clarke will now oversee its Client Solutions Group, which includes desktop and notebook PCs; Dell's consumer PC revenue fell 19% in Q1 (www.bloomberg.com)
10 days ago

Source: the US National Nuclear Security Administration was among those breached by a hack of SharePoint; no sensitive information is known to be compromised (www.bloomberg.com)
10 days ago

Businesses and households served by PJM, the US' largest power grid operator, will pay a record $16.1B for electricity supplies amid an AI-driven demand surge (www.bloomberg.com)
10 days ago AI

Miaan Group: a number of Iranians received spyware threat alerts from Apple in H1 2025 in the months prior to the Iran-Israel war, the first such cases in Iran (www.bloomberg.com)
10 days ago Israel Apple Iran

Sources: Google is seeking to recruit news organizations for a new licensing project related to AI, and plans to launch a pilot initially with ~20 US outlets (www.bloomberg.com)
10 days ago Google AI

Reka AI, which aims to make more efficient LLMs, raised $110M from Nvidia, Snowflake, and others at a $1B+ valuation, up from ~$300M in 2023, per PitchBook (www.bloomberg.com)
10 days ago AI Nvidia

OpenAI and Oracle unveil plans to develop 4.5GW of additional US data center capacity in an expanded partnership, hitting 5GW in total and running 2M AI chips (www.bloomberg.com)
10 days ago AI Oracle

A London judge rules that HPE lost ~£730M after acquiring Mike Lynch's Autonomy, after a 2022 fraud finding against Lynch, who died in 2024; HPE was seeking $4B (www.bloomberg.com)
10 days ago London

US investment firm Carlyle agrees to acquire a majority stake in IT consultancy and services provider Adastra, sources say valuing it at $400M including debt (www.bloomberg.com)
10 days ago

Seoul-based chip designer FuriosaAI signs a deal with LG to use its AI chip RNGD, its first major contract, after rejecting Meta's $800M buyout offer in March (www.bloomberg.com)
11 days ago AI

Samsung Galaxy Watch8 review: thinner and sturdier, but its design with a square casing and a round screen is polarizing, and Gemini is useful but hit-or-miss (www.bloomberg.com)
11 days ago Samsung

SEC filing: Ambiq Micro, which makes ultra-low power chips, is seeking to raise as much as $85M from its IPO, marketing 3.4M shares at $22 to $25 each (www.bloomberg.com)
11 days ago IPO

Sources: Oracle is in talks with Skydance for a $100M/year deal for Paramount to use Oracle's cloud software if the Skydance-Paramount merger goes through (www.bloomberg.com)
11 days ago Oracle

Source: Netflix is using Runway AI's video generation tools for production; Disney is testing out the tools and talked with Runway about possible uses for them (www.bloomberg.com)
11 days ago AI Netflix

Tesla is set to face off with the California DMV over claims it exaggerated Autopilot's and FSD's capabilities and misled consumers, in a five-day Oakland trial (www.bloomberg.com)
11 days ago Tesla California

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