Articles from www.bloomberg.com

Articles from www.bloomberg.com

Shopify reports Q1 revenue up 34% YoY to $3.2B, above est., GMV up 34% YoY to $100B, and forecasts weaker Q2 revenue growth; SHOP falls 11%+ pre-market (www.bloomberg.com)
21 days ago Shopify

Zyg, an AI startup by ironSource's founders to automate business functions, raised $60M led by Accel at a $500M valuation, two months after exiting stealth (www.bloomberg.com)
21 days ago Startup AI

Crypto exchange Bullish agrees to acquire Equiniti, a UK-based financial services outsourcing business, from Siris Capital in a $4.2B deal, set to close in 2027 (www.bloomberg.com)
21 days ago

PayPal reports Q1 net revenue up 7% YoY to $8.4B, total payment volume up 11% YoY to $464B, active accounts up 1% to 439M, and seeks $1.5B+ in cost savings (www.bloomberg.com)
21 days ago

Nscale agrees to spend €695M on infrastructure in Portugal in an expansion of its Microsoft partnership, supplying 66K+ Nvidia Rubin GPUs from late 2027 (www.bloomberg.com)
21 days ago Microsoft Nvidia Portugal

Nearly 20 US state-run health insurance exchanges include ad trackers that send user data like race and citizenship info to Meta, TikTok, Google, and others (www.bloomberg.com)
21 days ago Google Insurance

How Europe is falling behind in the global crypto race, as delays to the ECB's digital euro leave the bloc exposed to US-led stablecoin dominance (www.bloomberg.com)
21 days ago Europe

Sources: Apple held exploratory talks with Intel and its executives visited a Samsung plant in Texas to explore producing core chips for its devices in the US (www.bloomberg.com)
21 days ago Intel Samsung Apple Texas

Grab reports Q1 revenue up 24% YoY to $955M, above est., and a $154M adjusted EBITDA, vs. $146.3M est., helped by resilient demand for ride hailing and delivery (www.bloomberg.com)
22 days ago

Musk v. Altman: Greg Brockman testifies that his OpenAI stake is now worth ~$30B; a Musk attorney asks why he hasn't donated $29B to OpenAI's nonprofit arm (www.bloomberg.com)
22 days ago

Elon Musk agrees to pay $1.5M to settle SEC allegations that he cheated Twitter shareholders in 2022 by failing to disclose the 5%+ stake he had in the company (www.bloomberg.com)
22 days ago Twitter Elon Musk

Sources: Apple prepares a “Create a Pass” feature for iOS 27, which lets users take a QR code and generate a custom pass around it for concerts and other venues (www.bloomberg.com)
22 days ago IOS Apple

Filing: Blackstone's data center acquisition vehicle seeks to raise as much as $1.75B in its IPO, and will target newly built data centers valued at $250M-$1.5B (www.bloomberg.com)
22 days ago IPO

Nearly 20 US state-run health insurance exchanges include ad trackers that send user data like race and citizenship info to companies like Meta, TikTok, Google (www.bloomberg.com)
22 days ago Google Insurance

Katie Haun raises $1B for two funds split between early and later-stage investments, looking at startups blending financial services, AI, and alternative assets (www.bloomberg.com)
22 days ago Startup AI Asset

eBay's stock jumps 6%+ to ~$111, below GameStop's $125/share acquisition offer, in a sign investors see hurdles to completing a deal; GameStop's stock drops ~4% (www.bloomberg.com)
22 days ago eBay

Source: OpenAI has raised over $4B at a $10B pre-money valuation for The Deployment Company, a new joint venture to help businesses adopt OpenAI tools (www.bloomberg.com)
22 days ago

Analysis: Asian suppliers account for ~90% of Nvidia's production costs, up from 65% in 2025, as latest wave of collaborations shifts from chips to physical AI (www.bloomberg.com)
23 days ago AI Nvidia

Analysis: after Trump's World Liberty raised $550M from investors, tokens worth hundreds of millions in USD were privately sold in “white glove” transactions (www.bloomberg.com)
24 days ago Trump

A Chinese court ruled that companies cannot terminate staff just to replace them with AI, following a similar ruling by another Chinese court in December 2025 (www.bloomberg.com)
24 days ago China AI

Sources: Nigerian mobile payments service OPay is preparing for a US IPO at a $4B valuation with Citigroup, Deutsche Bank, and JPMorgan Chase advising (www.bloomberg.com)
24 days ago IPO Mobile JPMorgan Nigeria

A look at casino-style games, considered gambling in some US states, where player “whales” spend tens of thousands via IAP on Apple, Google, and Meta platforms (www.bloomberg.com)
24 days ago Google Apple

Sources: Cerebras is seeking to raise as much as $4B in its IPO and is targeting a valuation of about $40B (www.bloomberg.com)
25 days ago IPO

“Podslop” is flooding listening platforms like Spotify; Podcast Index: of ~11K new podcast feeds in a recent 9-day span, ~39% were likely for AI content shows (www.bloomberg.com)
25 days ago AI Spotify

Some retail traders are training AI agents to buy and sell assets on their behalf, as exchanges like Polymarket and Bybit roll out agent-friendly interfaces (www.bloomberg.com)
25 days ago Retail AI Asset

The gender gap in AI use may be a matter of visibility more than usage, as data suggests women face more judgment for using AI and are less likely to admit it (www.bloomberg.com)
25 days ago AI

Meta acquires a startup Assured Robot Intelligence to bolster its robotics team, which is working on humanoid hardware and the underlying AI that powers it (www.bloomberg.com)
25 days ago Startup AI Robot Intelligence

Sources: Peter Thiel's Founders Fund raised $6B for a fund to invest in later-stage companies, marking its largest haul ever; $4.5B comes from limited partners (www.bloomberg.com)
25 days ago

Sources: the US DOD strikes agreements with Nvidia, Microsoft, Reflection AI, and AWS to use their AI tools on classified military networks for “lawful” use (www.bloomberg.com)
25 days ago Microsoft AI Nvidia

Cloud computing provider Nebius agrees to buy Eigen AI, which optimizes the performance of chips running AI inference tasks, for $615M in stock and cash (www.bloomberg.com)
25 days ago AI

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