Articles from www.bloomberg.com

Articles from www.bloomberg.com

Sources: Nvidia is in early talks with South Korean AI chip maker Rebellions for a potential deal, including a partnership, an investment, or an acquisition (www.bloomberg.com)
9 days ago Korea AI Nvidia

Source: Meta is spending hundreds of millions per year to use trillions of AI tokens weekly via Azure, quietly becoming one of Microsoft's largest AI customers (www.bloomberg.com)
9 days ago Microsoft AI

Sources: Broadcom is in talks with a group of lenders to raise $60B+ in debt for an AI chip financing deal that will benefit Anthropic and other companies (www.bloomberg.com)
9 days ago AI

Sources: Anthropic expects to match or beat the size of SpaceX's record-setting IPO, as it prepares to file publicly for its IPO as soon as the end of August (www.bloomberg.com)
9 days ago IPO SpaceX

Source: Anthropic plans a safety system this year requiring enterprises to retain data for 30 days, with an option to do so on their own cloud infrastructure (www.bloomberg.com)
9 days ago

Two US senators demand answers from TikTok about a “depraved” test that withheld a safety feature from 10% of US users, including a teenager who died by suicide (www.bloomberg.com)
9 days ago

Waymo says it has built an ASIC chip that will improve its robotaxis' reflexes and navigational skills and help it diversify away from companies like Nvidia (www.bloomberg.com)
10 days ago Nvidia

Circana: US video game hardware spending fell 29% YoY in July to $282M, the lowest since COVID; unit shipments fell 39% as average console prices hit $542 (www.bloomberg.com)
10 days ago

Source: Meta is spending hundreds of millions per year on Azure to consume trillions of AI tokens weekly, becoming one of Microsoft's largest AI customers (www.bloomberg.com)
10 days ago Microsoft AI

Muon Space, which is building a spacecraft platform for orbital data centers and AI computing, raised a $250M Series C, with participation from Google (www.bloomberg.com)
10 days ago Google AI

Alibaba reports Q1 revenue up 9% YoY to ~$40B, meeting est., and net income down 75% to ~$1.6B due to heavy AI spending and weak domestic retail consumption (www.bloomberg.com)
10 days ago Retail Alibaba AI

South Korea media: SK Hynix and its union reach a tentative deal on a 6.3% wage hike and paying out 60% of profit-sharing bonuses in shares and 40% in cash (www.bloomberg.com)
10 days ago Korea

London-based Callosum, whose software matches AI tasks with different models and chips, raised a $100M seed from Atomico, UK Sovereign AI Fund, and others (www.bloomberg.com)
10 days ago AI London

Hyperliquid Strategies shares jumped 31% after Trump said CFTC Chair Michael Selig is working to bring crypto platform Hyperliquid onshore in a compliant manner (www.bloomberg.com)
10 days ago Trump CFTC

Trump urges Congress to pass the Clarity Act at a White House event with execs including the CEOs of Coinbase and Robinhood; the bill has stalled in the Senate (www.bloomberg.com)
10 days ago Trump Senate Coinbase

Sources: YouTube is offering top creators millions to post videos exclusively on YouTube for a period and will penalize those that post to Netflix concurrently (www.bloomberg.com)
10 days ago YouTube Netflix

Sources: SpaceX approached AI coding startup Cognition about a potential acquisition; deal talks are inactive, but the companies are discussing working together (www.bloomberg.com)
10 days ago Startup AI SpaceX

Sources: AI chip startup Fractile is in talks to raise ~$600M at a $6.5B pre-money valuation, up from ~$1B in May, and has an initial ~$250M deal with Anthropic (www.bloomberg.com)
10 days ago Startup AI

Stripe agrees to buy New York-based OpenRouter for an undisclosed amount; Stripe had reportedly agreed to pay more than $7B for OpenRouter (www.bloomberg.com)
10 days ago New York

The US CFTC bans Caroline Ellison and FTX co-founder Gary Wang from trading for five years, as part of a settlement over their roles at FTX (www.bloomberg.com)
10 days ago CFTC

Marvell and Google expand their chip development deal, with Marvell granting Google a warrant to buy up to 58M+ shares at $206.58 each, totaling up to $12.2B (www.bloomberg.com)
11 days ago Google

Amazon plans to expand Prime Air drone deliveries to cities in at least five more US states in the coming months, including suburban Chicago and Atlanta (www.bloomberg.com)
11 days ago Amazon Drone

Kuaishou reports Q2 revenue flat at ~$5.2B, meeting est., net income down 36% YoY to ~$467M, the biggest drop since 2021, and Kling AI sales up 200% (www.bloomberg.com)
11 days ago AI

WiseTech says Australian antitrust authorities raided its office, seeking documents and data as part of an alleged competition law breach probe; WTC falls 8%+ (www.bloomberg.com)
11 days ago Australia

Filing: SK Hynix plans a ~$29B share buyback, repurchasing and canceling up to 24M treasury shares, in a bid to calm worries about the durability of AI spending (www.bloomberg.com)
11 days ago AI

Chinese humanoid robot maker Unitree's stock surged 629% in early trading in its Shanghai debut on Wednesday, after raising ~$904M in its IPO (www.bloomberg.com)
11 days ago China IPO Robot Shanghai

Sources: Temporal is in talks for a fresh funding round that would give the open-source orchestration platform developer a ~$500M raise at a $12B+ valuation (www.bloomberg.com)
11 days ago

The US SEC proposes exempting certain digital asset offerings from securities registration statements, with exemptions for offerings up to $5M and $75M (www.bloomberg.com)
11 days ago Asset

Sources: Anthropic's revolving credit facility is set to surpass its roughly $10B target as banks compete for roles on the company's upcoming IPO (www.bloomberg.com)
11 days ago IPO

The EU says it “welcomes Apple's changes” and they follow a “close dialogue”; IAP fees are 26%, alt payment processing fees are 20%, and link-out fees are 15% (www.bloomberg.com)
11 days ago Apple

Previous Page Next Page