Bloomberg·publisher·608 items·last fetched —
Bloomberg: CXMT, which raised $9.8B in a hugely oversubscribed Shanghai IPO, is poised for a debut pop that could lift its market cap several times above its initial ~$85B — Investor excitement over the memory…
Pei Li / Bloomberg: Sources: DeepSeek told investors it is suspending its second funding round after remarks attributed to Liang Wenfeng on US-China AI competition went viral — DeepSeek has told prospective…
Ian King / Bloomberg: SK Group Chair Chey Tae Won says Anthropic has asked SK Hynix for supplies to make its own chips, calling it remarkable that an AI developer has chip ambitions — AI developer Anthropic PBC…
Akriti Sharma / Bloomberg: As student protests spread across India, Narendra Modi turns to Reels, swapping his trademark cinematic videos for self-recorded messages aimed at Gen Z — As student protests spread…
Hooyeon Kim / Bloomberg: Samsung announces a $200B+ contract to make chips for Broadcom through 2030, focusing on its 2nm and below process technologies for Broadcom's products — Samsung Electronics Co. won a…
Ian King / Bloomberg: Nvidia plans to invest $1B in Naver to help finance an AI data center in South Korea, and partners with SK Group to build more than 2 GW of AI data centers — Nvidia Corp. will invest $1…
Ian King / Bloomberg: Letter: Qualcomm tells customers it plans to raise prices by double digit percentage points, after exhausting its ability to absorb higher costs from suppliers — Qualcomm Inc., the biggest…
Natalie Lung / Bloomberg: Midjourney bought astrology app Co-Star, which uses AI to offer personalized advice, in the spring and is building its first standalone image-generation app — Artificial intelligence lab…
Bloomberg: Sources: SpaceX started turning away satellite operators seeking dedicated Falcon 9 rides beyond 2028, and stopped building some non-reusable Falcon components — SpaceX has started to turn away…
Davey Alba / Bloomberg: Google says it has $811B in contracted future spending commitments as of June, up ~$500B from March, covering chips, data centers, electricity, and more — Alphabet Inc.'s Google had $811…
Bloomberg: Sources: AI robotics startup Genesis AI is in talks to raise around $500M in a new funding round at a $3B pre-money valuation — AI robotics startup Genesis AI is in talks with investors to raise around…
Bloomberg: Nvidia signs a $1.5B accord with Amkor, involving a prepayment by Nvidia to help bolster Amkor's chip packaging facility in Arizona; AMKR jumps 16%+ after hours — Nvidia Corp. signed a $1.5 billion…
Davey Alba / Bloomberg: Filing: the value of Alphabet's investments in unidentified private companies was ~$124.3B as of June 30, source says driven primarily by its Anthropic stake — The value of Alphabet Inc.'s…
Yazhou Sun / Bloomberg: Germany's Black Forest Labs launches Flux 3 and Flux-mimic, its first models for robotics, as it expands from generative AI into physical AI — Black Forest Labs, a German artificial…
Brody Ford / Bloomberg: Microsoft replaces OpenAI's image-generating models with its MAI models in its products; Mustafa Suleyman says MAI models are ~85% cheaper to run in PowerPoint — Microsoft Corp. is…
Sarah Frier / Bloomberg: Filing: Alphabet holds $94.1B in SpaceX equity post-IPO; $80B are under short-term sale restrictions, while $14.1B remain long-term restricted until Q3 2027 — Alphabet Inc.'s Google said…
Christina Kyriasoglou / Bloomberg: STMicro forecasts Q3 revenue up ~16% YoY to $3.7B, below $3.79B est., and expects AI sales to pass $1B in 2026 and be “well above $2B” in 2027; STM falls 14%+ &mdash…
Bloomberg: Sources: China resumes issuing robotaxi permits after an industry-wide full safety review prompted by an April outage involving 100+ Baidu robotaxis in Wuhan — China has started issuing robotaxi…
Bloomberg: Sources: OpenAI models breached Hugging Face's internal systems in a matter of hours, a feat that would typically have taken a talented hacker a couple of weeks — When OpenAI's advanced artificial…
Bloomberg: Sources: Shanghai-listed chip test instruments maker Semight, whose stock is up ~2,200% since its April debut, is considering a secondary listing in Hong Kong — Semight Instruments Co. is considering a…
Bloomberg: Sources detail how Commerce Secretary Howard Lutnick and crypto adviser Bo Hines worked to shape the GENIUS Act and loosen safeguards to benefit Tether — It was billed as cryptocurrency's big moment…
Julia Love / Bloomberg: Google projects full-year capex will be $195B to $205B in 2026, after saying in April that it will spend as much as $190B; its Q2 capex hit $44.92B, up 100% YoY — Alphabet Inc. projected…
Julia Love / Bloomberg: Google says its cloud computing unit had a $514B backlog of contracted work that hasn't been recorded as revenue yet, up from ~$460B held during Q1 — Alphabet Inc. said its cloud computing…
Brody Ford / Bloomberg: ServiceNow reports Q2 subscription revenue up 24.5% YoY to $3.88B, increases full year subscription revenue growth estimate to 23%; NOW jumps 4%+ after hours — ServiceNow Inc. reported…
Nicola M White / Bloomberg: The SEC agrees to pay $150,000 in legal fees to end Coinbase's 2024 lawsuit seeking internal docs on the regulator's Biden-era crackdown on the crypto industry — The US Securities and…
Shirin Ghaffary / Bloomberg: OpenAI President Greg Brockman says Kimi K3 is a “pretty good model” but it is “too early” to tell whether Moonshot used distillation on OpenAI's models &mdash…
Maria Clara Cobo / Bloomberg: Cashea, Venezuela's largest fintech startup that offers a banking and payments app, raised a $40M Series A, including $20M in debt, and a $60M Series B — Cashea, Venezuela's largest…
Maggie Eastland / Bloomberg: White House OSTP Director Michael Kratsios says Moonshot AI “acquired GB300-equipped servers and has accessed GB300s in Thailand, likely to train its AI models” — A White…
Riley Griffin / Bloomberg: Meta taps Assaf Keren, former chief security officer at Qualtrics and former CISO at PayPal, as its next CISO, succeeding Guy Rosen — Meta Platforms Inc. tapped a veteran cybersecurity…
Mark Gurman / Bloomberg: Sources: Apple is set to debut new versions of every Mac, including long-awaited iMac updates, a revamped MacBook Pro, and a new Neo, across the fall and 2027 — Apple Inc. is readying an…
Chris Welch / Bloomberg: Samsung teases its smart glasses, developed with Google, Warby Parker, and Gentle Monster, and says they will have a nine-hour battery life and privacy features — Samsung Electronics Co…
Dina Bass / Bloomberg: OpenAI plans to spend $30B+ on a massive new data center in Georgia, securing 3.2GW of energy, with several hundred MWs set to come online starting in 2028 — OpenAI plans to spend tens of…
Bloomberg: Tencent's Hong Kong-listed shares fall ~7%, the most since April 2025, as investors worry over “rumors” of weaker earnings on August 12, and NetEase drops 5%+ — Tencent Holdings Ltd. fell…
Bloomberg: Dune: since January 2021, wallets funded via US-regulated exchanges accounted for ~50% of all traceable trading volume on Polymarket's US-banned global platform — In early February, Caden Booth, a…
Nectar Gan / Bloomberg: Chinese AI models account for ~60% of token usage by US companies on OpenRouter, making restrictions harder to impose without disrupting US users and businesses — The rapidly increasing…
Anna J Kaiser / Bloomberg: Sources: Alphabet has more than quadrupled its office space in Miami, partially driven by Larry Page's and Sergey Brin's residential real estate purchases — Alphabet Inc., has more than…
Matt Day / Bloomberg: Amazon says its business sales unit, Amazon Business, reached $60B in annualized gross sales in Q2, up ~71% from 2023, and serves 11M+ organizations worldwide — Amazon.com Inc.'s business…
Maggie Eastland / Bloomberg: OpenAI executive Chris Lehane says Sam Altman plans to brief the Trump administration and US lawmakers next week on the company's upcoming generation of models — OpenAI Chief…
Mark Gurman / Bloomberg: Sources: Apple plans to launch Apple Upgrade, a leasing program for iPhone, iPad, Mac, and Apple Watch, in partnership with Klarna in the US next week — Apple Inc. is preparing to…
Pei Li / Bloomberg: Sources: after it closes a round at a $31.5B valuation, Moonshot plans a final raise at a $50B valuation to capitalize on Kimi K3 buzz before a Hong Kong IPO — Moonshot AI is preparing to…
Dana Wollman / Bloomberg: Garmin launches the Cirqa Smart Band, a $200 screenless fitness tracker that monitors 80+ activities with an up to 10 day battery life, to compete with Whoop — Garmin Ltd. introduced a…
Shirin Ghaffary / Bloomberg: OpenAI says it now has 10M people using Codex and ChatGPT Work, nearly doubling usage from earlier this month when the company announced ChatGPT Work — OpenAI has seen a sharp uptick…
Heesu Lee / Bloomberg: South Korea reports that, for the first 20 days of July, chip exports climbed 180.6% from the same period in 2025; computer-related product shipments grew ~232% — South Korea's exports…
Bloomberg: Source: Ancestry.com pitches a risky $1.75B term loan at 4 to 4.25 percentage points above the benchmark to refinance debt from its 2020 Blackstone acquisition — Ancestry.com Inc. is seeking to…
Bloomberg: Snap reaches a deal to settle the second case set for trial over social media harm to minors, following TikTok and YouTube, leaving Meta as the only defendant — Snap Inc. said it has reached a…
Bloomberg: Source: Z.ai completed construction of a 1 GW data center housing only Chinese chips; Z.ai has built or operates several computing clusters each with 10K+ chips — Z.AI has completed construction of a…
Bloomberg: Cambridge-based CuspAI raised a $450M Series B led by Kleiner Perkins and NEA, and launches a coalition for AI materials discovery for chip and other industries — Producing the world's most in-demand…
Manuel Baigorri / Bloomberg: Blackstone agrees to invest an undisclosed sum in South Korea-based Futronic, which makes actuators used in industrial robots, sources say at a ~$675M valuation — Blackstone Inc. has…
Dave Sebastian / Bloomberg: Filing: Zhongji Innolight, China's leading optical transceiver maker, aims for an $8B Hong Kong IPO, the city's largest since Alibaba's $12.9B debut in 2019 — China's Zhongji Innolight…
Mark Gurman / Bloomberg: Thoughts on why Jony Ive, a close friend of Laurene Powell Jobs, isn't named in Apple's OpenAI suit; sources: Apple tests AI to record Genius Bar customer chats — Also: The company tries…