Bloomberg: Sources: a group of 10 banks is giving a $22B loan to Blackstone and Alphabet's cloud venture Crux AI, which aims to provide compute for AI labs, to buy TPUs — A group of 10 banks is providing a $22…
Bloomberg: Sources: drone delivery startup Zipline is in talks to raise ~$1B at a ~$20B valuation, up from $7.6B in January, and Paradigm is in talks to lead the round — Zipline is in talks to raise around $1…
Bloomberg: A profile of Meta Compute co-lead Dina Powell McCormick, who is using her network to help structure major AI financing, as Mark Zuckerberg focuses on product — At a Meta Platforms Inc. board retreat…
Bloomberg: ByteDance founder Zhang Yiming overtakes India's Gautam Adani to become Asia's richest person for the first time, passing $105B, up 8x from $13B in March 2019 — ByteDance's Zhang Yiming has become…
Nectar Gan / Bloomberg: The Trump administration faces strategic constraints in slowing China's AI progress, including avoiding rare earth restrictions, ahead of US-China talks on AI — Even as Donald Trump blasts…
Yoolim Lee / Bloomberg: SK Hynix has struck an agreement with its union to pay out half of all profit-sharing bonuses in cash, replacing a previously proposed 40-60 cash-stock split — SK Hynix Inc. has struck an…
Tom Giles / Bloomberg: Zuckerberg says “Meta delayed shipping Muse for several months to focus on safety and security” and didn't call on other AI labs to do the same before acting — Meta Platforms…
Brody Ford / Bloomberg: During a Salesforce event, Jensen Huang says the AI industry doesn't need any new laws or regulations and market forces will help companies safely innovate — Nvidia Corp. Chief Executive…
David Welch / Bloomberg: GM plans to add Apple CarPlay and Android Auto to its latest infotainment system, three years after upsetting some consumers by removing them from its EVs — General Motors Co. is…
Dina Bass / Bloomberg: Meta says it plans to deploy MTIA 450, its third-generation custom AI chip, in data centers in H1 2027, followed by a broad rollout of MTIA 500 by end of 2027 — New processor will be…
David Morris / Bloomberg: Altera, which makes chips for AI, automation, and more, files confidentially for an IPO; Intel acquired it for ~$16.7B in 2015, and Silver Lake took 51% in 2025 — Altera, a chipmaker…
Samantha Kelly / Bloomberg: Agility unveils Digit 5, a humanoid robot to safely work alongside humans without physical barriers by utilizing AI collision-avoidance software and new sensors — Agility Robotics Inc…
Olivia Poh / Bloomberg: Grab agrees to acquire a 60% stake in Singapore-based BNPL platform Atome from Advance Intelligence Group and others for $1.49B; Atome had $470M in 2025 revenue — Grab Holdings Ltd. agreed…
Sankalp Phartiyal / Bloomberg: Amazon says its India quick delivery service, Amazon Now, crossed $1B in annualized gross revenue, with orders doubling QoQ since its launch in summer 2025 — Amazon.com Inc. said…
Debby Wu / Bloomberg: Google DeepMind AI Safety and Alignment researcher Bilal Chughtai publicly resigns, saying “I earnestly believe that AI has the potential to kill us all” — An AI researcher who…
Bloomberg: Sources: Tokyo-based memory maker Kioxia is considering raising $10B+ through a 2027 US ADR listing as it seeks liquidity after billions in share buybacks — Kioxia Holdings Corp. is considering raising…
Matt Levine / Bloomberg: Thoughts on AI labs' safety concerns: a coordinated slowdown may look like an antitrust conspiracy to limit output that would preserve frontier model margins — AI and antitrust, lockups…
Mark Gurman / Bloomberg: Apple's H1 2027 plans reportedly include an iPhone 18e, A20 iPhone 18, A20 Pro iPhone Air 2, OLED iPad Air, A19 Pro MacBook Neo, and M6 MacBook Air — Apple Inc. just launched some major…
Erik Wasson / Bloomberg: House Speaker Johnson says there's “potentially” a role for Congress in creating AI guardrail legislation and that he plans to hold a meeting with AI executives — House…
Hadriana Lowenkron / Bloomberg: Trump slams Dario Amodei, saying “the only control or ‘guardrails’ that AI needs is a STRONG AND SMART (High IQ!) PRESIDENT, and the USA has that, in spades!&rdquo…
Marissa Newman / Bloomberg: US-Israeli startup Buildots, which uses AI to speed up construction of mega-projects like data centers and chip factories, raised $130M at a near-$1B valuation — Buildots, a startup…
Anna Irrera / Bloomberg: Paris-based digital asset data provider Kaiko extends a funding round to $110M led by S&P Global to support 24/7 continuous market data and asset tokenization — A group of large financial…
Bloomberg: China's Foreign Ministry criticizes warnings about AI risks, saying “fearmongering, confrontation, and vicious competition ... serve the interests of no one” — China criticized warnings…
Julia Fioretti / Bloomberg: Sources: Australian data center provider Firmus is seeking to raise up to $5B in an IPO at the end of October, in one of the largest-ever IPOs in Australia — Firmus Technologies Pty is…
Sangmi Cha / Bloomberg: Filing: San Jose-based Chinese optical module maker Ligent seeks ~$727M in a Hong Kong IPO, after its rival Zhongji Innolight's $6.8B Hong Kong debut in July — AI computing networks maker…
Janice Huang / Bloomberg: Sources: SoftBank sealed a two-year loan facility to support its OpenAI investment, securing $11.87B in commitments from ~20 banks, above its $10B target — SoftBank Group Corp. secured…
Mark Gurman / Bloomberg: iPhone Duo will usher foldables into the mainstream, just as iPhone did with smartphones; sources: iPhone game controllers will launch under the Beats brand — Also: The company prepares a…
Bloomberg: Donald Trump's plan to center Bitcoin mining in the US is unraveling as miners convert facilities into AI data centers amid a prolonged crypto market slump — Donald Trump's pledge to ensure that…
Evan Ratliff / Bloomberg: The US legal system is struggling to keep up with AI, grappling with cases where chatbots provided counsel, generated evidence, or helped plan a mass shooting — The first line Phoenix…
Bloomberg: Trump is taking a hands-off approach to AI regulation to preserve the US lead over China, ahead of a summit with Xi Jinping, where AI safety is a top issue — In June 2024, during a campaign stop in Las…
Bloomberg: Amodei says pacing does not mean halting training or progress, but giving companies time to align and safeguard models and third-party evaluators time to verify — Anthropic PBC Chief Executive Officer…
Tiffany Ap / Bloomberg: As the AI wave creates tech fortunes at breakneck speed, a look at the growing ecosystem helping founders navigate the challenges of becoming extremely wealthy — A growing post-exit…
Natalie Lung / Bloomberg: Some experts say Siri Recap and Live Rewind, always-listening AI features in new Apple Watches, could test eavesdropping laws despite privacy protections — Apple Inc.'s new…
Bloomberg: Citrini Research founder James van Geelen has sold the firm to SemiAnalysis for an undisclosed sum; sources: van Geelen plans to launch a new fund — James van Geelen, the founder of independent…
Tom Rees / Bloomberg: The UK's Office for National Statistics cites AI as a major driver of the country's summer growth spurt, with GDP growing 0.4% in July, above expectations — No one in the City of London saw…
Maggie Eastland / Bloomberg: GSA says OpenAI is replacing its $1-per-year pilot for US agencies with a usage-based deal providing a 50% discount from October 1, with access to GPT-6 Astra — OpenAI is ending a…
Bloomberg: Threat intelligence report: Anthropic says it disrupted a Yemen-based guided weapons engineering cell using Claude to develop guidance software for missiles — Anthropic PBC uncovered a group in…
Bloomberg: Sources: Moonshot AI told investors it topped $1B ARR in August, up from $300M in June, driven by its Kimi K3 release; it aims to hit $2B ARR by the end of 2026 — Moonshot AI is targeting a manifold…
Jeff Mason / Bloomberg: President Trump rejects warnings of AI-driven human extinction, saying the US leads China by a year and will be “in a very bad position” if it doesn't win in AI — President…
Bloomberg: Sources: Sam Altman told OpenAI employees that the company is considering slowing cutting-edge AI development, and he hopes other AI companies will do the same — OpenAI is considering slowing down the…
Parmy Olson / Bloomberg: Only 4% of the startups in YC's 2026 spring batch had a native mobile app as their main product, down from 15% in 2013, as startups focus on AI and agents — Artificial intelligence has…
Bloomberg: Sources: Microsoft plans to expand its data center capacity from 12GW today to 38GW+ by 2032, with about a third of the 38GW centered on AI-specific chips — Shortages forced the company to turn away…
Bloomberg: Sources: PIF is considering combining EA with Savvy Games to better coordinate its gaming assets, but not before Savvy closes its $6B Moonton acquisition — Saudi Arabia's wealth fund is considering…
Mark Chediak / Bloomberg: TAR, which builds off-grid power systems for data centers, raised a $120M Series A led by Spark Capital at a ~$1B valuation — A startup that builds off-grid power systems for data…
Sonia Sirletti / Bloomberg: Bending Spoons agrees to acquire Miro in an all-cash transaction valuing the workplace-collaboration platform at $1.36B, implying an equity value of ~$1.79B — Bending Spoons SpA agreed…
Katherine Doherty / Bloomberg: Sources: Nasdaq is investing $100M in Kraken parent Payward, valuing the cryptocurrency exchange at $21B; Kraken will distribute Nasdaq's tokenized stocks — Nasdaq Inc. is investing…
Gian Volpicelli / Bloomberg: Anthropic gives EU cybersecurity agency ENISA testing access to Mythos 5 after months of talks that began in late May; ENISA still lacks access to Mythos 5.1 — Anthropic PBC has…
Bloomberg: Sources: Grab is in talks to buy a majority stake in Advance Intelligence Group's Singapore-based BNPL platform Atome Financial at a $2B+ valuation — Grab Holdings Ltd., the biggest ride-hailing and…
Bloomberg: Sources: Alibaba is set to lead a $300M round in AI model testing startup UniPat AI at a $2.5B valuation; UniPat founder Li Kuan worked at Alibaba's Tongyi Lab — Alibaba Group Holding Ltd. is slated to…