Bloomberg·publisher·781 items·last fetched —
Bloomberg: Xiaomi reports Q2 revenue down 6.1% YoY to ~$16.2B and net income down 21% to ~$1.4B, above est., amid a persistent memory shortage and weaker smartphone demand — Xiaomi Corp. posted profit that fell…
Jeanny Yu / Bloomberg: Alibaba's Alipay launches a new “all-in-one” platform for businesses to use AI agents to automate tasks; Alibaba's stock jumps 5%+ and is up 40%+ since June — Alibaba Group…
Bloomberg: Sources: China orders some state-linked entities to uninstall a government-tailored version of Windows 10, ahead of its February 2027 retirement timeline — China is pulling the plug on an older version…
Bloomberg: Baidu reports Q2 revenue down 2% YoY to ~$4.62B, below ~$4.69B est. and its fifth straight quarterly decline, and net income of ~$341M, as it lags AI rivals — Baidu Inc.'s revenue fell for a fifth…
Bloomberg: Sources: Anthropic's revenue run rate reached $65B by the end of July, up from $47B in May and $9B in late 2025 — Anthropic PBC is on track to generate annualized revenue of more than $65 billion based…
Bloomberg: Sources: the US DOJ has been investigating a16z for nearly a year over whether its partners are improperly serving on the boards of competing AI companies — Venture capital firm Andreessen Horowitz is…
Bloomberg: Filing: Nvidia agrees to spend up to $105B to support SB Energy's new Ohio data center campus OpenAI is set to lease; Nvidia agrees to invest $1.5B in SB Energy — Nvidia Corp. has agreed to spend as…
Natasha Mascarenhas / Bloomberg: Groq raised $350M led by Disruptive at a $3.5B valuation, down from $6.9B in September 2025 before Nvidia struck a licensing deal and hired much of its talent — Groq has raised…
Phil Serafino / Bloomberg: French PM Lecornu will hold a crisis meeting Monday over a June-July cyberattack on France's tax agency that compromised 678K individual and business accounts — French Prime Minister…
Bloomberg: Sources: Stripe has finalized a deal to acquire AI model marketplace OpenRouter for more than $7B; OpenRouter was valued at $1.3B in May — Stripe Inc. has finalized an agreement to acquire OpenRouter…
Grace Shao / Bloomberg: Chinese citizens are more optimistic about AI than Americans because AI is seen as a practical tool in China that disrupts a smaller share of its population — Different experiences with…
Saritha Rai / Bloomberg: Alibaba's open-weight models have accumulated 3B+ global downloads in the past six months; Hugging Face: Google had 418M downloads while Meta had 227M in 2026 — Alibaba Group Holding's…
Bloomberg: SpaceX closes its $60B acquisition of Cursor, two months after SpaceX formally announced it had agreed to acquire the startup — SpaceX has completed a $60 billion acquisition of artificial intelligence…
Lynn Doan / Bloomberg: Filing: Nvidia has a nearly $21B stake in SpaceX and a $30B stake in Intel; Nvidia invested as much as $2B in xAI in 2025 and $5B in Intel — Nvidia Corp. on Friday disclosed a nearly $21…
Bloomberg: Docs: Anthropic told investors it generated $11.5B+ in revenue, with positive adjusted operating income, in Q2, up from $787M in Q2 2025 and $4.73B in Q1 2026 — Anthropic PBC is telling prospective…
Spencer Soper / Bloomberg: Amazon adds a clause in its user agreement that seeks to prevent shoppers from filing class-action lawsuits against it, after removing a similar clause in 2021 — Amazon.com Inc…
Natasha Mascarenhas / Bloomberg: Investor letter: Thrive's 2022 early-stage $516M fund that invested in OpenAI and SpaceX was worth $3.7B+ as of the end of June, net of fees and other charges — Thrive Capital's…
Bloomberg: Sources: stablecoin payments company RedotPay delays plans for a US IPO to 2027 or later, as it seeks regulatory approvals and deals with legal issues — RedotPay has delayed plans for an initial public…
OpenAI’s Revenue Run Rate Tops $40 Billion, Bolstering IPO Case Bloomberg
OpenAI Revenue Run Rate Tops $40 Billion, Doubling From 2025 Bloomberg
Bloomberg: Sources: Alibaba is nearing a deal to sell its Lingxi Games to PE firm Trustar Capital at a potential $1.5B+ valuation, as Alibaba continues its reorganization — Asian private equity firm Trustar…
Z.ai to Rival Anthropic, OpenAI in Coding With New AI Model Bloomberg
Bloomberg: Pony AI plans to deploy 2K+ robotaxis across Europe in partnership with Uber and add four more European cities, after Zagreb, with a later Middle East expansion — Pony AI Inc. said it plans to deploy…
J.J. McCorvey / Bloomberg: A judge orders Kalshi to stop offering most of its prediction contracts in Washington state, after finding it likely violated state gambling-related laws — Kalshi was told by a judge to…
Bloomberg: Sources: OpenAI is on track to generate annualized revenue of $40B+ based on its current performance, roughly doubling its run rate from the end of 2025 — OpenAI is on track to generate annualized…
Chris Welch / Bloomberg: US-based robot vacuum maker Matic rolls out a firmware update that lets users control its $1,245 vacuum with voice commands in more than 70 languages — The device, from Silicon Valley…
Shirin Ghaffary / Bloomberg: OpenAI hires Dali Rajic, COO of Alphabet's Wiz, as chief revenue officer, replacing ex-Slack CEO Denise Dresser, who was hired in December 2025 and will leave — OpenAI is naming its…
Josh Sisco / Bloomberg: HPE secures court approval for its settlement with the US DOJ over its takeover of networking company Juniper, defeating a challenge by Democratic state AGs — Hewlett Packard Enterprise…
Brian W Smith / Bloomberg: Sources: AMD plans to raise as much as $5B in what could be the chipmaker's biggest-ever investment-grade bond sale, as it ramps up spending to meet AI demand — Advanced Micro Devices…
Saritha Rai / Bloomberg: DeepSeek raises prices, adding dynamic pricing, ahead of a potential IPO; V4-Flash output tokens go from $0.28/1M to $1.32 during peak hours and $0.66 off-peak — DeepSeek is steeply…
Luz Ding / Bloomberg: Didi reports Q2 revenue up 11% YoY to ~$9.3B, a ~$128M net income after two consecutive quarterly losses, and China mobility transaction value up 9% to ~$13.4B — Didi Global Inc. swung back…
Luz Ding / Bloomberg: JD.com reports Q2 revenue down 2.9% YoY to ~$51.4B and net income of ~$1.1B, above ~$964M est., driven by JD Retail profitability and narrowing food losses — JD.com Inc. posted its first…
Bloomberg: CXMT overtakes Tencent to become the most valuable Chinese company, with a ~$524B market cap, above Tencent's $510B; CXMT's Shanghai shares jumped 460%+ at IPO — CXMT Corp. has overtaken Hong…
Newley Purnell / Bloomberg: Meta says it removed 750,000+ Australian accounts believed to belong to under-16s to comply with the social media ban, including 462,000 Instagram accounts — Meta Platforms Inc. says…
Saritha Rai / Bloomberg: A look at workers in India who are paid extra to wear devices that capture first-person video of factory and other work tasks for use as AI robot training data — Robotics companies are…
Bloomberg: Rapidly advancing AI tools have created investor uncertainty and fear around the SaaS business model and the private equity and credit built on top of it — Now the entire business model is at risk…
Patrick Howell O'Neill / Bloomberg: President Trump signs a memo letting the US government partner with private companies to conduct cyberattacks abroad against criminal groups targeting Americans — The US…
Maria Clara Cobo / Bloomberg: Yuno, a payments infrastructure provider for processing transactions globally, raised a $45M Series B led by Global PayTech with a16z and others participating — Yuno, a…
Bloomberg: Sources: Anthropic is in talks to buy Decart, which offers real-time generative video and GPU optimization tech, for about $6B — Anthropic PBC is in talks to buy the artificial intelligence startup…
Mark Gurman / Bloomberg: Sources: Apple hired Nate Gatten, an American Airlines exec with GOP ties, as government affairs VP, seeking someone who could align with Trump administration — Apple Inc. hired Nate…
Ellen Milligan / Bloomberg: Sources: the UK government is planning to regulate the use of AI in gene synthesis to prevent terrorists and other bad actors from using AI for bioweapons — The UK government is…
Samantha Kelly / Bloomberg: Google introduces an insulin-resistance trend feature that uses AI, an accelerometer, and other sensors, launching first on the Pixel Watch 5 and Fitbit devices — Alphabet Inc.'s…
Loni Prinsloo / Bloomberg: African e-commerce company Jumia raised $50M, including $25M from the World Bank's IFC; Jumia's US-listed shares have fallen from $60+ in 2021 to $6 now — Jumia Technologies AG secured…
Bloomberg: Tencent reports Q2 revenue up 11% YoY to ~$30.4B, above ~$30B est., and net income of ~$8.3B, driven by surging WeChat advertising and resilient game spending — Tencent Holdings Ltd.'s revenue grew a…
Rebecca Torrence / Bloomberg: Sources: AI coding startup Cognition is in early talks with investors to raise $1B+ at a $40B+ valuation, after raising $1B at a $26B valuation in May — Cognition AI is in early…
Nduka Orjinmo / Bloomberg: Briter: Africa-focused startups raised $3.3B in H1 2026, up 73% YoY, driven by Zipline's $950M raise; US- and UAE-incorporated entities raised half the capital — African-focused…
Bloomberg: Sources: Singapore-based data center operator DayOne confidentially files for a US IPO, aims to list as soon as next quarter, and is considering raising ~$5B — DayOne Data Centers has confidentially…
Alanna Okun / Bloomberg: A look at Candy Crush's continued popularity 15 years after its launch, with an estimated 81.5M MAUs and in-app revenue of $876.5M in fiscal year 2025 — Fifteen years in, those shiny…
Bloomberg: A profile of Suno, which has been used by more than 100M people since 2023 and has 2M+ paid subscribers, as it faces copyright lawsuits from UMG and Sony Music — Investors are betting the $5 billion…
Natasha Mascarenhas / Bloomberg: Accel raised $3.5B in funds for early-stage investments, including a $1.35B global expansion fund for larger early-stage rounds and rapid follow-on investments — Accel, a global…