Articles from www.bloomberg.com

Articles from www.bloomberg.com

Oracle promotes Clay Magouyrk and Mike Sicilia to co-CEOs, replacing Safra Catz; Magouyrk previously led Cloud Infrastructure, and Sicilia led Oracle Industries (www.bloomberg.com)
2025-9-22 Oracle

Cardless, which lets Coinbase and others launch co-branded credit cards, raised $60M and projects annualized revenue will grow from $15M now to $150M by Q2 2026 (www.bloomberg.com)
2025-9-22 Credit Card Coinbase

Low prices, available land, and cooler weather are driving the data center boom in the Nordics, which have 1.5 GW of capacity live and 7.5 GW in the pipeline (www.bloomberg.com)
2025-9-22

A profile of Derek Li, founder of China's top adaptive learning edtech Squirrel AI, whose business is fueled by the country's relentless academic pressure (www.bloomberg.com)
2025-9-22 China AI

Trump administration's $100,000 H-1B fee threatens India's $280B IT services sector, which heavily relies on H-1B visas to deploy engineers to US client sites (www.bloomberg.com)
2025-9-22 Trump India H1B

A profile of Noah Urban, who was a key member of the Scattered Spider group because of his social engineering skills and is serving a 10-year prison sentence (www.bloomberg.com)
2025-9-21

Chinese robotaxi operators WeRide and Pony AI are partnering with local companies like Grab to expand into Singapore, one of the world's best-mapped cities (www.bloomberg.com)
2025-9-21 China AI Singapore

White House Press Secretary Karoline Leavitt says Americans would hold six of the seven board seats for TikTok US and its algorithm would be US-controlled (www.bloomberg.com)
2025-9-21 U.S. Algorithm

China's market regulator opens a probe into Chengdu Kuaigou, a Kuaishou unit involved in livestream shopping, for suspected violations of e-commerce rules (www.bloomberg.com)
2025-9-20 China

BitGo's S-1 shows it had net income of $12.6M on revenue of $4.19B in H1 2025, compared with net income of $30.9M on revenue of $1.12B a year earlier (www.bloomberg.com)
2025-9-20

Corporate travel and expense management service Navan, formerly known as TripActions, files for a US IPO, reporting a $99.9M net loss on $329.4M revenue in H1 (www.bloomberg.com)
2025-9-20 IPO

Sources: Oracle is in discussions with Meta to provide computing power for training and deploying AI models, in a deal worth about $20B (www.bloomberg.com)
2025-9-20 AI Oracle

Neuralink plans a US clinical trial in October to test a brain implant that translates thoughts into text, hoping to put its device in a healthy person by 2030 (www.bloomberg.com)
2025-9-20

Meta files an application for authorization “to sell energy, capacity, and certain ancillary services” in the US amid rising energy demand for AI datacenters (www.bloomberg.com)
2025-9-20 Energy AI

A look at China's brain-computer interface industry as startups like BrainCo grow with state support; CCID says the sector is worth $450M, growing 20% annually (www.bloomberg.com)
2025-9-19 China Startup

MI6 launched Silent Courier, an online portal hosted on the dark web designed to let potential spies from Russia and elsewhere communicate with UK intelligence (www.bloomberg.com)
2025-9-19 Russia Intelligence Darknet

Sources: White House weighs more CFTC chair candidates, including government officials focused on crypto policy, as Brian Quintenz's nomination remains stalled (www.bloomberg.com)
2025-9-19 CFTC

Nvidia plans to invest £2B to support the UK's AI industry in partnership with Accel, Air Street Capital, Balderton Capital, Hoxton Ventures, and Phoenix Court (www.bloomberg.com)
2025-9-19 AI Nvidia

Netskope closes up 18.37% at $22.49 per share in its Nasdaq debut, giving it a $8.6B market value, after the cybersecurity company raised $908.2M in its IPO (www.bloomberg.com)
2025-9-19 IPO

The US FTC and seven states sue Live Nation and its Ticketmaster subsidiary for failing to stem the use of bots and large-scale resale operations (www.bloomberg.com)
2025-9-19

Sources: Indian digital payments company Pine Labs aims to raise as much as $700M from an IPO in the second half of October, down from an earlier $1B target (www.bloomberg.com)
2025-9-19 India IPO

Shein launches Xcelerator, a service granting fashion brands access to its fast-fashion manufacturing network in China (www.bloomberg.com)
2025-9-18 China Manufacturing

Huawei unveils two new SuperPoD products, the Atlas 950 and Atlas 960, the latter linking up to 15,488 Ascend AI chips, as it seeks to challenge Nvidia (www.bloomberg.com)
2025-9-18 AI Nvidia

Meta unveils Meta Ray-Ban Display, with a screen in the right lens and the Meta Neural Band, a wristband that detects hand gestures, on sale Sept. 30 for $799 (www.bloomberg.com)
2025-9-18 Ban

Sources: Reddit is in early talks with Google to deepen integration of its content into Google's AI products, beyond its $60M data-sharing deal signed in 2024 (www.bloomberg.com)
2025-9-18 Google AI Reddit

Lyft partners with Waymo to launch fully autonomous robotaxi rides in Nashville starting in 2026, their first collaboration; LYFT jumps 10% (www.bloomberg.com)
2025-9-17

Sources: Jack Ma has returned to Alibaba's campuses after vanishing from the public eye during China's 2020 tech crackdown, influencing Alibaba's pivot to AI (www.bloomberg.com)
2025-9-17 China Jack Ma Alibaba AI

Groq, which sells AI chips and data-center compute powered by those chips, raised $750M led by Disruptive at a post-money valuation of $6.9B (www.bloomberg.com)
2025-9-17 AI

The Hang Seng Tech Index, which tracks the top 30 Hong Kong-listed tech stocks, rose ~3.9% to its highest level since November 2021, amid renewed AI enthusiasm (www.bloomberg.com)
2025-9-17 Hong Kong AI

Chinese state media: Alibaba has secured China Unicom as a major client for its AI chips; earlier reports said Alibaba was supplying tens of thousands of chips (www.bloomberg.com)
2025-9-17 China Alibaba AI

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