Articles from www.bloomberg.com

Articles from www.bloomberg.com

New York pulls a proposal that would have allowed for robotaxi services outside NYC, a setback for Waymo, which wants to hit 1M paid weekly US rides by 2026 end (www.bloomberg.com)
27 days ago New York

ByteDance is currently hiring for nearly 100 US-based roles within its Seed AI team across San Jose, LA, and Seattle to develop LLMs, drug discovery, and more (www.bloomberg.com)
27 days ago AI Seattle

Amazon overtakes Walmart as the world's largest company by revenue, reporting $717B in 2025 sales compared to Walmart's $713.2B for the 12 months to January 31 (www.bloomberg.com)
27 days ago Amazon Walmart

Atlassian's founders lost ~$7.2B in wealth in 2026, behind AppLovin's three founders, amid an SaaS rout; TEAM dropped ~48% YTD, the Nasdaq 100's worst performer (www.bloomberg.com)
27 days ago SaaS Atlassian

India's AI Summit: Modi orchestrated a photo op with tech and business leaders holding hands in a line, but Sam Altman and Dario Amodei awkwardly refused (www.bloomberg.com)
27 days ago India AI

Russian forces in Ukraine face communications issues as SpaceX restricts Starlink access and Telegram faces a crackdown, per pro-Russian military channels (www.bloomberg.com)
27 days ago Russia Ukraine SpaceX

Indian conglomerate Reliance plans to invest up to $110B in building AI-related infrastructure over the next seven years, and JioHotstar plans a ChatGPT bot (www.bloomberg.com)
27 days ago India AI

Apple Podcasts' fresh leap into video podcasts accelerates the podcast industry's shift from an audio-centric medium to a decidedly video-focused one (www.bloomberg.com)
27 days ago Apple

Apple's 40-day correlation to the Nasdaq 100 fell to 0.21 last week, the lowest since 2006, making it an appealing alternative to the AI-fueled volatility (www.bloomberg.com)
27 days ago AI Apple

Samsung shares surged 5.4% to a record high after a report said the company plans to price HBM4 chips at ~$700 per unit, 30% higher than the previous generation (www.bloomberg.com)
28 days ago Samsung

Sources: OpenAI is close to finalizing the first phase of its $100B round; its overall valuation, including the eventual funding, could exceed $850B (www.bloomberg.com)
28 days ago

A US judge rules ex-Palantir employees likely violated confidentiality and non-solicitation agreements in founding Percepta, but declines to stop their work (www.bloomberg.com)
28 days ago

Crypto lending firm Ledn sold $188M in securitized bonds backed by bitcoin loans, making it the first deal of its kind in the market for asset-backed debt (www.bloomberg.com)
28 days ago Bitcoin Asset

Remitly co-founder Matt Oppenheimer steps down as CEO, will be succeeded by Banco Santander executive Sebastian Gunningham (www.bloomberg.com)
28 days ago

eBay reports Q4 revenue up 15% YoY to $3B, vs. $2.87B est., GMV up 10% to $21.2B, and forecasts Q1 profit above estimates; EBAY jumps 6%+ after hours (www.bloomberg.com)
28 days ago eBay 4Q

Fei-Fei Li's World Labs raised $1B from a16z, Nvidia, AMD, and others to advance its world models focused on robotics and scientific discovery (www.bloomberg.com)
28 days ago Robot Nvidia AMD

Robinhood launches an IPO for Robinhood Ventures Fund I, a $1B closed-end fund to provide retail investors access to private markets, offering 40M shares at $25 (www.bloomberg.com)
28 days ago IPO Retail

Saudi-backed AI company Humain invests $3B in xAI, becoming a “significant minority shareholder” in a deal that happened just prior to SpaceX's xAI acquisition (www.bloomberg.com)
28 days ago AI SpaceX

Uber plans to spend $100M+ to build fast-charging, autonomous vehicle charging stations in the US, starting in the San Francisco Bay Area, LA, and Dallas (www.bloomberg.com)
28 days ago Uber Autonomous Car San Francisco

At India's AI Summit, Sundar Pichai announces the America-India Connect Initiative to build new fiber optic lines between India, the US, and other countries (www.bloomberg.com)
28 days ago U.S. India AI

Filings: Warren Buffett's Berkshire Hathaway cut its Amazon stake by 75%+ to ~2.3M shares in Q4 2025; Berkshire bought 5.1M NYT shares, worth ~$352M in December (www.bloomberg.com)
28 days ago Amazon Warren Buffett 4Q Berkshire

SEC filing: Peter Thiel and Founders Fund have fully exited ETHZilla, down from a 7.5% stake in August 2025; ether is down 60% from its August 2025 peak (www.bloomberg.com)
28 days ago

Battery Ventures raised $3.25B for its XV fund, roughly matching its 2022 raise, to back software and industrial tech firms amid AI disruption concerns (www.bloomberg.com)
28 days ago AI Battery

Bengaluru-based AI startup Sarvam AI announces two models at the AI Impact Summit that it says are tailored to Indian languages and cultures (www.bloomberg.com)
28 days ago India Startup AI

A look at MGX, Abu Dhabi's AI investment vehicle with stakes in Anthropic, xAI, and OpenAI; the firm plans to spend up to $10B annually over the next few years (www.bloomberg.com)
28 days ago AI

Filing: Nvidia unloaded 1.1M Arm shares, worth about $140M based on Arm's closing price on Tuesday, sometime in Q4, bringing Nvidia's stake to zero (www.bloomberg.com)
29 days ago 4Q Nvidia

Google signs a power purchase agreement with Ormat to supply up to 150 MW of geothermal energy to its Nevada data centers through NV Energy starting in 2028 (www.bloomberg.com)
29 days ago Google Energy

Sources: Western Digital plans to raise $3.09B by selling a Sandisk stake at $535-$555/share, a 9.4% discount to Tuesday's close; the offering is oversubscribed (www.bloomberg.com)
29 days ago Western Digital

Source: Benchmark's 2020 fund is now worth 10x+ and 2024 fund is 3x what investors put in, based on cash distributions and the paper value of its investments (www.bloomberg.com)
29 days ago

Some private software companies including McAfee released earnings early to reassure investors worried about an AI-linked selloff, dubbed the “SaaSpocalypse” (www.bloomberg.com)
29 days ago AI

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