Articles from www.bloomberg.com

Articles from www.bloomberg.com

CoreWeave founders have sold $2.3B in stock since the company's lockup period expired in August after a March 2025 IPO, reducing their combined holdings by ~25% (www.bloomberg.com)
2026-6-10 IPO

SF voters reject the Overpaid CEO Act, a union-backed ballot measure to raise taxes on any large business where the CEO earns 100x more than the median employee (www.bloomberg.com)
2026-6-10 Tax

Sources: India froze Starlink approvals to begin commercial operations due to concerns over the use of its terminals in Iran despite not being licensed there (www.bloomberg.com)
2026-6-10 India Iran

New York-based Standard Bots, which wants to make AI-powered robotic arms in the US, raised $200M led by General Catalyst and Robostrategy at a $1B valuation (www.bloomberg.com)
2026-6-9 AI Robot New York

Sources: Taiwan considers restricting AI chip sales to all Chinese customers, rather than only blacklisted entities like Huawei, to align with US measures (www.bloomberg.com)
2026-6-9 China Taiwan AI

Sources: China is drafting plans to spend $295B over the next five years on building AI data centers, sourcing 80%+ of tech from local suppliers like Huawei (www.bloomberg.com)
2026-6-9 China AI

IT management platform NinjaOne raised $400M in a secondary share sale at a $12.3B valuation, up from $5B in February 2025, and says its ARR has hit $600M (www.bloomberg.com)
2026-6-9

The first developer beta of iOS 27 offers the clearest signs yet of Apple's upcoming foldable iPhone, with references to folding hardware and flexible displays (www.bloomberg.com)
2026-6-9 IOS iPhone Apple

Indian quick grocery delivery startup Zepto files for an India IPO, planning to raise ~$836M by selling new shares; Zepto was valued at $7B in its last round (www.bloomberg.com)
2026-6-9 India IPO Startup

The US DOD designates some of China's biggest companies, including Alibaba, BYD, and Baidu, as entities that support the Chinese military (www.bloomberg.com)
2026-6-9 China Alibaba

FTX co-founder Sam Bankman-Fried formally applies for a presidential pardon; he was sentenced to 25 years in prison in 2024, following the FTX collapse (www.bloomberg.com)
2026-6-9

Sources: the US urged NATO allies to channel defense spending toward efforts to replace components from Huawei in their networks and critical infrastructure (www.bloomberg.com)
2026-6-8

London-based PhysicsX, which uses AI to design industrial parts like jet engines and semiconductors, raised a $300M Series C led by Temasek at a $2.4B valuation (www.bloomberg.com)
2026-6-8 AI London

Sources: Spotify has approached concert promoters about licensing music festival livestreams, as it pivots to video to become a one-stop shop for music fans (www.bloomberg.com)
2026-6-8 Spotify

Sources: Beijing-based Moonshot, which makes the Kimi chatbot, is in talks to raise $1B+ that would value it at $30B, up from a $20B valuation in a recent round (www.bloomberg.com)
2026-6-8 chatbot

Nvidia and SK Hynix signed a multi-year pact to develop next-gen memory tailored for Nvidia's AI infrastructure roadmap, including for Vera Rubin (www.bloomberg.com)
2026-6-8 AI Nvidia

As wealth managers confront an AI reckoning, the tech is, for now, easing their workloads by picking up routine tasks, freeing up more time to advise clients (www.bloomberg.com)
2026-6-8 AI

Inside the early 2025 senior exec meeting where Apple admitted its AI failures; Tim Cook became intimately involved in Apple's AI roadmap around the same time (www.bloomberg.com)
2026-6-8 AI Apple Tim Cook

Report: in May, supply of unsecured bonds from hyperscalers passed $155B, up over 45% from 2025's total issuance; some AI-infra bond sales are 4x oversubscribed (www.bloomberg.com)
2026-6-7 AI

FOIA docs reveal Amazon's extensive control over delivery drivers it insists are not employees, in a case the NLRB sought to settle on terms favorable to Amazon (www.bloomberg.com)
2026-6-7 Amazon

SoftBank's PayPay, Japan's dominant payments app, says it will take a 70.2% stake in T&D Financial Life Insurance for $840M, expected to close in October 2027 (www.bloomberg.com)
2026-6-6 Japan Insurance

Filing: Google has agreed to pay SpaceX $920M per month for access to Nvidia chips as part of a cloud-services deal that runs through mid-2029 (www.bloomberg.com)
2026-6-6 Google Nvidia SpaceX

Sources: Apollo and Blackstone finalized a $35B package for Anthropic to lease TPUs; Broadcom is backstopping payments on the debt's largest senior portions (www.bloomberg.com)
2026-6-6

Filing: Google has agreed to pay SpaceX $920M a month for access to Nvidia chips as part of a cloud-services deal that runs through mid-2029 (www.bloomberg.com)
2026-6-6 Google Nvidia SpaceX

Sources: Revolut is looking to run a secondary share sale that would value it at $115B, after receiving a UK bank license and applying for a charter in the US (www.bloomberg.com)
2026-6-6

President Trump says he is weighing proposals for the US government to partner with major AI companies, and will soon discuss the idea with their executives (www.bloomberg.com)
2026-6-6 Trump AI

Sources: Brian Chesky is starting a new AI lab and considering a focus on user interaction and design; he will remain Airbnb's CEO and will not be the lab's CEO (www.bloomberg.com)
2026-6-6 AI Airbnb

What to expect at WWDC 2026: an overhauled Siri, a Siri app, a slew of new AI capabilities, OS updates focused on reliability and responsiveness, and more (www.bloomberg.com)
2026-6-5 AI

S&P Dow Jones rejected proposals to expedite S&P 500 eligibility for mega-cap IPOs such as SpaceX, which remains ineligible until one year after going public (www.bloomberg.com)
2026-6-5 IPO Dow Jones SpaceX

Unsealed 2020 lawsuit: ex-IBM VP of threat intelligence alleges that IBM and AT&T concealed foreign cyber breaches to maintain eligibility for federal contracts (www.bloomberg.com)
2026-6-5 IBM AT&T Intelligence

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