Articles from www.bloomberg.com

Articles from www.bloomberg.com

CoreWeave expands its data center capacity agreements with OpenAI by $6.5B, bringing their total potential value to $22.4B, to support training of OpenAI models (www.bloomberg.com)
2025-9-26

xAI signed a deal with the GSA to offer Grok to US federal agencies for $0.42 per agency for 18 months, a discount to OpenAI's $1 per year for ChatGPT (www.bloomberg.com)
2025-9-25

SAP, whose cloud sales are set to reach €22B this year, nearly triple 2019 levels, faces competition from other tech giants as it targets AI apps for the future (www.bloomberg.com)
2025-9-25 AI

JPMorgan's recent data access deal with Plaid, if extended to other aggregators, could allow Plaid to use its cost advantage to further consolidate market share (www.bloomberg.com)
2025-9-25 JPMorgan

London-based “neocloud” startup Nscale raised a $1.1B Series B led by Aker, with Nvidia participating; Aker says it is investing $285M for a 9.3% stake (www.bloomberg.com)
2025-9-25 Startup Nvidia London

Taiwan suspends chip export controls on South Africa after just two days, signaling discomfort with using the key tech export as a weapon in diplomatic disputes (www.bloomberg.com)
2025-9-25 Taiwan Africa South Africa

Australian lawmakers propose rules to regulate crypto exchanges, allowing the government to slap penalties of 10% of annual turnover on firms that violate rules (www.bloomberg.com)
2025-9-25 Australia

Meta says Instagram has hit 3B monthly users and is changing its home screen to prioritize DMs and Reels; it is testing opening directly into Reels in India (www.bloomberg.com)
2025-9-25 India Instagram

Sources: Intel approached Apple about a potential investment in the chipmaker as part of its turnaround efforts and discussed how to work more closely together (www.bloomberg.com)
2025-9-25 Intel Apple

Canadian PE firm Novacap agrees to acquire Integral Ad Science, which provides digital ad measurement and verification, in a deal valuing IAS at about $1.9B (www.bloomberg.com)
2025-9-25 Canada

OpenAI partners with SAP to launch OpenAI for Germany, bringing its AI tools to Germany's public sector through SAP's Delos Cloud (www.bloomberg.com)
2025-9-25 Germany AI

Waymo launches Waymo for Business, a service targeting employers, universities, and event organizers, available in San Francisco, Los Angeles, and Phoenix (www.bloomberg.com)
2025-9-25 San Francisco

Mark Zuckerberg says Instagram has reached 3B MAUs, and is testing a new home screen navigation bar prioritizing private messaging and Reels (www.bloomberg.com)
2025-9-25 Instagram Zuckerberg

Sources: Oracle seeks to borrow $15B through the US sale of corporate bonds, as it begins to fulfill massive cloud infrastructure deals with OpenAI and others (www.bloomberg.com)
2025-9-24 Oracle

Report: China's market regulator drafts rules to curb “coercive competition” in the online food delivery market, spurring a rally in Meituan and JD.com's shares (www.bloomberg.com)
2025-9-24 China

Alibaba's Hong Kong-listed shares hit a nearly four-year high after CEO Eddie Wu announces plans to increase AI spending beyond the $53B target over three years (www.bloomberg.com)
2025-9-24 Hong Kong Alibaba AI

Bain: by 2030, AI companies will need $2T in combined annual revenue to fund compute power to meet projected demand, but are likely to fall short by $800B (www.bloomberg.com)
2025-9-24 AI

Sources: Flipkart is investing $30M in its fintech unit Supermoney, after a $20M 2024 spin-off round; Supermoney disbursed $700M+ in loans via lending partners (www.bloomberg.com)
2025-9-24 Fintech

Taiwan curbs chip exports to South Africa over national security concerns, the first time it has used its chip industry as a weapon against a China ally (www.bloomberg.com)
2025-9-24 China Taiwan Africa South Africa

VCs court top AI startups with preempted rounds and perks like private jets; PitchBook: US AI startups raised $200B in 2025, with 41% going to just 10 companies (www.bloomberg.com)
2025-9-24 Startup AI

Sources: Tether is in talks to raise $15B to $20B in exchange for a ~3% stake through a private placement in a deal that could value the company at ~$500B (www.bloomberg.com)
2025-9-24

Microsoft says it is experimenting with microfluidics, which involves sending fluid through channels in AI and server chips to improve cooling efficiency (www.bloomberg.com)
2025-9-24 Microsoft AI

Revolut says it plans to invest $13B, including $4B in the UK, and expand into 30 new geographies by the end of the decade, aiming to reach 100M users globally (www.bloomberg.com)
2025-9-24

The US Secret Service says it has dismantled 300+ SIM card servers in the NYC area that could have disrupted communications ahead of the UN General Assembly (www.bloomberg.com)
2025-9-23

London-based Fnality, which lets banks transact in a digital cash asset backed with funds at the Bank of England, raised $136M led by BoA, Citigroup, and others (www.bloomberg.com)
2025-9-23 Asset London

Auterion, which provides autopilot and swarming software for military drones, raised $130M led by Bessemer at a $600M+ valuation, says it has ~$100M in revenue (www.bloomberg.com)
2025-9-23 Drone

A look at MrBeast's entertainment company, which has ~$450M in annual sales but faced three years of losses due to high production costs of $3M-$4M per video (www.bloomberg.com)
2025-9-23

Scale AI launches SEAL Showdown, a public AI benchmarking system that relies on votes from contributors in 100+ countries to gauge everyday usability of models (www.bloomberg.com)
2025-9-23 AI

A White House official says the US will not hold a golden share or equity in TikTok US and the new board will not have a member selected by the US government (www.bloomberg.com)
2025-9-23 Equity

Sources: smart ring maker Oura is raising an $875M+ Series E at a $10.9B valuation, up from $5B in November 2024, and has sold ~3M rings over the past year (www.bloomberg.com)
2025-9-23

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