Articles from www.bloomberg.com

Articles from www.bloomberg.com

Sources: Joshua Kushner's Thrive Capital told its stakeholders that it has invested ~$100M in Shopify, framed as a bet on how AI could lead to gains in commerce (www.bloomberg.com)
2 hours ago AI Shopify

The Senate Banking Committee advances the Clarity Act, which would make CFTC the primary regulator for most digital assets while SEC oversees digital securities (www.bloomberg.com)
2 hours ago Asset Senate CFTC

A look at GameStop's takeover bid for eBay, a bizarre job application by GameStop CEO Ryan Cohen, who does not have the money to buy eBay, to become eBay's CEO (www.bloomberg.com)
3 hours ago eBay

Sources: OpenAI is weighing legal action against Apple after expectations that ChatGPT's Siri integration would generate billions in revenue fell short (www.bloomberg.com)
5 hours ago Apple

Meta President Dina Powell McCormick is traveling with President Trump on his China trip and met King Charles III, indicating she is Meta's new global emissary (www.bloomberg.com)
10 hours ago Trump China

Blackstone Digital Infrastructure Trust raised $1.75B in its US IPO, selling 87.5M shares at $20 each, and plans to acquire data centers worth $250M to $1.5B (www.bloomberg.com)
11 hours ago IPO

Riyadh-based Stitch, which develops software for banks and financial services companies, raised a $25M Series A led by a16z, its first investment in the Gulf (www.bloomberg.com)
16 hours ago

OpenAI says it would support a global AI governance body that is led by the US and includes China as a member, similar to the International Atomic Energy Agency (www.bloomberg.com)
19 hours ago China Energy AI

Sources: Apollo Global, Morgan Stanley, and others are testing Grok internally as part of xAI's finance sector push, but financiers are rarely using it for work (www.bloomberg.com)
21 hours ago Morgan Stanley

Musk v. Altman: Microsoft executive Michael Wetter testifies that Microsoft has spent $100B+ on its partnership with OpenAI, including its original investments (www.bloomberg.com)
1 day ago Microsoft

Sources: Mistral has been developing a cybersecurity-focused AI model and held discussions about it with European banks, which don't have access to Mythos (www.bloomberg.com)
1 day ago Europe AI

Sources: Arm and SoftBank expressed preliminary interest in acquiring Cerebras weeks before its expected IPO; Cerebras rebuffed them (www.bloomberg.com)
1 day ago IPO

A profile of California Rep. Ro Khanna, who spent years cheering on the tech industry and now supports a 5% billionaire wealth tax and stricter AI regulations (www.bloomberg.com)
1 day ago Tax AI California

Poland says it plans to proceed with a digital services tax of up to 3% on large digital platforms, despite threats of retaliation like tariffs from the US (www.bloomberg.com)
1 day ago Tax Poland

Analysts: China's AI hardware suppliers face capacity constraints and component shortages, including optical and electronic chips, that may limit 2026 growth (www.bloomberg.com)
1 day ago China AI

Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (www.bloomberg.com)
1 day ago Alibaba AI 4Q

Tencent reports Q1 revenue up 9% YoY to ~$28.9B, below ~$29.4B est., and net income of ~$8.5B, meeting est., amid a costly AI pivot; its stock is down 23% YTD (www.bloomberg.com)
1 day ago AI Tencent

How the Strait of Hormuz blockade is disrupting global chip supply chains, affecting supplies of helium, bromine, sulfur, and thinners essential to chipmaking (www.bloomberg.com)
1 day ago

An analysis of Tokenomist.ai data: Trump family members made ~$1.55B from sales of World Liberty Financial's WLFI tokens, lifting their total fortune by ~$660M (www.bloomberg.com)
1 day ago Trump AI

Analysis: contract prices for NAND chips are up 600%+ since late September 2025, while those for DRAM chips are up ~400%, with analysts expecting further gains (www.bloomberg.com)
1 day ago

Metis TechBio, a biotech company using AI to deliver and formulate drugs, surged as much as 185% in its Hong Kong market debut after raising ~$270M in its IPO (www.bloomberg.com)
1 day ago Hong Kong IPO AI Biotech

Sources: Anthropic is in early talks to raise at least $30B at a $900B+ valuation; the round is expected to close as soon as the end of this month (www.bloomberg.com)
2 days ago

Sources: Apple plans to make the Camera app fully customizable in iOS 27, along with noticeable design changes across Siri, Safari, Weather, and more (www.bloomberg.com)
2 days ago IOS Apple

Musk v. Altman: Altman testified that in 2017 Musk demanded complete control of a proposed OpenAI for-profit arm, musing that he would pass it to his children (www.bloomberg.com)
2 days ago

Anthropic names eight unauthorized secondary market sellers of its shares, including Hiive and Forge Global, warning that any share transactions there are void (www.bloomberg.com)
2 days ago

Anthropic announces 12 Claude plugins for the legal sector, including a “commercial counsel” tool for reviewing vendor agreements and a bar exam study tool (www.bloomberg.com)
2 days ago

Sources: Wispr AI, the developer of the voice dictation tool Wispr Flow, is in talks to raise ~$260M in a round that could more than double its valuation to $2B (www.bloomberg.com)
2 days ago AI

London-based blockchain analytics company Elliptic raised $120M led by One Peak Partners at a $670M valuation; the platform screens 1B+ transactions per week (www.bloomberg.com)
2 days ago Blockchain London

SAP invests in German workflow automation platform n8n at a $5.2B valuation, up from $2.5B after an October 2025 equity raise, and agrees to embed n8n's tools (www.bloomberg.com)
2 days ago Germany Equity

Sea reports Q1 revenue up 47% YoY to $7.1B and net income up 6% YoY to $428M, both above est., after warding off rivals in Southeast Asia's e-commerce market (www.bloomberg.com)
2 days ago Asia Southeast Asia

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