Articles from www.bloomberg.com

Articles from www.bloomberg.com

Sources: Samsung's 8-layer HBM3E was cleared by Nvidia in December for use in Nvidia's less powerful AI processors tailored for the Chinese market (www.bloomberg.com)
2025-1-31 China Samsung AI Nvidia

PitchBook: a spike in stock-market volatility due to DeepSeek may further complicate hopes for a rebound in venture-backed IPOs in 2025 (www.bloomberg.com)
2025-1-31 IPO

Sources: bankers trying to offload ~$3B in X debt claim X had $1.2B in adjusted EBITDA in 2024, roughly flat from before Elon Musk's buyout, a sign of recovery (www.bloomberg.com)
2025-1-31 Elon Musk

The US DOJ sues to block HPE's $14B acquisition of Juniper Networks, arguing the deal would harm competition in the enterprise wireless equipment (www.bloomberg.com)
2025-1-31

Documents: in the Biden administration's final days, the FTC sent info demands to Uber and Lyft, as it probes whether they coordinated to limit NYC driver pay (www.bloomberg.com)
2025-1-31 Uber

Cybersecurity firms Netskope and Armis say “hundreds” of companies and government agencies globally are moving to block DeepSeek due to data leak concerns (www.bloomberg.com)
2025-1-31

Sam Altman briefed US policymakers on the need to invest heavily in physical infrastructure with Stargate to support AI development, citing the rise of DeepSeek (www.bloomberg.com)
2025-1-31 AI

Court filing: Elon Musk, seeking to dismiss Don Lemon's lawsuit, blames an “invasive and charged interview” for canceling Lemon's $1.5M partnership with X (www.bloomberg.com)
2025-1-30 Interview Elon Musk

A look at FathomVerse, a mobile game that helps scientists identify deep sea creatures by using players' contributions to train AI for underwater robots (www.bloomberg.com)
2025-1-30 Mobile AI Robot

During his confirmation hearing for Secretary of Commerce, Howard Lutnick called the CHIPS Act an “excellent down payment” but pledged to review binding awards (www.bloomberg.com)
2025-1-30

Employer.com founder Jesse Tinsley says his US investor group vying to buy TikTok has secured $20B+ and recruited the CEOs of Roblox and Anchorage as investors (www.bloomberg.com)
2025-1-30

A look at Huawei's HarmonyOS Next, a China-only OS decoupled from Android that is still missing many third-party apps and features, and feels far from complete (www.bloomberg.com)
2025-1-30 Android China

IBM reports Q4 revenue up 1% YoY to $17.6B, vs. $17.5B est., bookings for AI consulting and software crossed $5B, up from $3B in Q3; IBM jumps 8%+ after hours (www.bloomberg.com)
2025-1-30 IBM AI 4Q

Sources: the Trump administration is exploring additional curbs on the sale of chips to China to cover Nvidia's scaled-down H20, designed for the Chinese market (www.bloomberg.com)
2025-1-30 Trump China Nvidia

Sources: Apple has been working with SpaceX and T-Mobile to add Starlink support from iOS 18.3; T-Mobile is testing it with some users, exclusively for texting (www.bloomberg.com)
2025-1-30 IOS Mobile Apple SpaceX

Appfigures: ChatGPT's app has grossed $529M since its May 2023 release, around 4x the second-highest earner, as AI app spending grew ~4x YoY to $1.4B in 2024 (www.bloomberg.com)
2025-1-29 AI

The UK National Audit Office says the government was operating at least 228 “legacy” computer systems as of March 2024, increasing the risk of a disruptive hack (www.bloomberg.com)
2025-1-29

A look at Huawei's HarmonyOS Next, a China-only OS decoupled from Android that is still missing many third-party apps, despite supporting some key ones in China (www.bloomberg.com)
2025-1-29 Android China

Crypto risk modeling firm Gauntlet estimates the $TRUMP memecoin has generated at least $11.4M in fees for entities linked to President Trump since its launch (www.bloomberg.com)
2025-1-29 Trump

Sources: Microsoft and OpenAI are investigating whether data output from OpenAI's API was obtained in an unauthorized manner by a group linked to DeepSeek (www.bloomberg.com)
2025-1-29 Microsoft

Sources: Apple has been working with SpaceX and T-Mobile to add Starlink support in iOS 18.3; T-Mobile is testing with some users, only for texting initially (www.bloomberg.com)
2025-1-29 IOS Mobile Apple SpaceX

David Sacks says there's “substantial evidence” that DeepSeek “distilled knowledge out of OpenAI models and I don't think OpenAI is very happy about this” (www.bloomberg.com)
2025-1-29

Sources: Arm China picks Chen Feng, an ex-executive at China-based chipmaker Rockchip Electronics, as its CEO; Liu Renchen and Eric Chen will resign as co-CEOs (www.bloomberg.com)
2025-1-29 China

The UK CMA provisionally finds that competition in the cloud services market isn't working for consumers; AWS and Azure each control 40% of the UK market (www.bloomberg.com)
2025-1-29

TechInsights: ChangXin Memory Technologies' DDR5 RAM required advanced manufacturing techniques that haven't previously been seen on the Chinese market (www.bloomberg.com)
2025-1-28 China Manufacturing

DeepSeek highlights some of China's key advantages: a deep pool of skilled software engineers, a vast domestic market, and government support via subsidies (www.bloomberg.com)
2025-1-28 China

DeepSeek says it used Nvidia H800 chips, available in China until October 2023, to train R1, suggesting future models could be hampered by US export controls (www.bloomberg.com)
2025-1-28 China Nvidia

SAP reports Q4 cloud revenue up 27% YoY to €4.71B, above €4.68B est., driven by AI demand, names a suite of new executives, and plans to simplify its strategy (www.bloomberg.com)
2025-1-28 AI 4Q

EU appeals hearing: Google accuses the EC of making “grave errors” in its Android investigation that led to a record €4.3B fine; EU lawyers defended the case (www.bloomberg.com)
2025-1-28 Android Google

Sam Altman says DeepSeek's R1 is an “impressive model, particularly around what they're able to deliver for the price” and OpenAI “will pull up some releases” (www.bloomberg.com)
2025-1-28

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