Articles from www.bloomberg.com

Articles from www.bloomberg.com

Nvidia agrees to a licensing deal with Groq; CEO Jonathan Ross and other top executives will join Nvidia; Groq says it will continue operating independently (www.bloomberg.com)
13 hours ago Nvidia

AST launches its largest-ever satellite from India, hosting the BlueBird Block-2, the first in a series of deployments to challenge SpaceX in satellite internet (www.bloomberg.com)
1 day ago India SpaceX

The US says China is engaging in unfair chip trade practices after a yearlong review, but holds off on additional chip import tariffs at least until mid-2027 (www.bloomberg.com)
1 day ago China

ServiceNow agrees to acquire cybersecurity startup Armis for $7.75B, set to close in H2 2026, pending approvals; Insight acquired Armis in a $1.1B deal in 2020 (www.bloomberg.com)
1 day ago Startup

The Canada Pension Plan Board and Australia's Goodman agree to invest $2.6B+ in data centers in Frankfurt, Amsterdam, and Paris, starting to build in June 2026 (www.bloomberg.com)
1 day ago Australia Canada Paris Frankfurt

Samsung's Harman agrees to acquire ZF's radar and automotive computing driver-assistance business for €1.5B, as the European auto-supplier sector struggles (www.bloomberg.com)
2 days ago Europe Samsung

Sources reveal inconsistencies in Megaspeed's chip inventory, as the US probes the Singapore AI startup over alleged Chinese ownership and Nvidia chip smuggling (www.bloomberg.com)
2 days ago China Startup AI Singapore Nvidia

FanDuel and CME Group launch a prediction market app called FanDuel Predicts in five US states, just days after DraftKings rolled out a similar product (www.bloomberg.com)
2 days ago

Alphabet agrees to acquire clean energy developer Intersect for $4.75B in cash, and existing debt, as part of its push to expand its AI data center footprint (www.bloomberg.com)
2 days ago Energy AI Alphabet

How the global AI boom is driven by thousands of newcomers, diluting Big Tech's infrastructure dominance; US data center credit deals hit $178.5B in 2025 so far (www.bloomberg.com)
3 days ago AI

Filings: Chinese AI startups Zhipu and MiniMax report 2024 revenue of $44.4M and $30.5M, respectively, as both prepare for Hong Kong IPOs in the coming weeks (www.bloomberg.com)
3 days ago China Hong Kong IPO Startup AI

A look at stablecoin-powered neobanks like Rizon and Dakota that are offering dollar-denominated digital banking services to customers worldwide (www.bloomberg.com)
3 days ago

Uber plans to trial driverless taxis in London using Baidu's Apollo Go RT6 robotaxis, starting in H1 2026 with services available by the end of 2026 (www.bloomberg.com)
3 days ago Uber London

A group of PE firms led by Permira and Warburg Pincus agrees to buy Clearwater Analytics, in a deal valuing the financial software maker at $8.4B including debt (www.bloomberg.com)
3 days ago

Q&A with Blizzard President Johanna Faries on company staff bonus transparency, working under Xbox leadership, restoring the NetEase partnership, and more (www.bloomberg.com)
3 days ago Xbox

Q&A with Harvard economist Jason Furman, who consults for OpenAI, on the similarities between the AI boom and the dot-com era, AI's impact on jobs, and more (www.bloomberg.com)
4 days ago AI

Chinese AI chipmaker Moore Threads announces a new generation of chips slated for mass production from 2026, just weeks after its blockbuster IPO in China (www.bloomberg.com)
4 days ago China IPO AI

YouTube's head of products for podcasts Steve McLendon says viewers streamed 700M+ hours of podcasts on TV in October, up from 400M hours in October 2024 (www.bloomberg.com)
5 days ago YouTube

China issues new rules letting online merchants set their own prices across platforms for goods and services they sell, effective April 10, 2026, for five years (www.bloomberg.com)
5 days ago China

Meta board member Dina Powell McCormick, an ex-top adviser to Trump, steps down after joining in April; source: she is considering retaining an advisory role (www.bloomberg.com)
5 days ago Trump

Sources: the Chan Zuckerberg Initiative cut ties with FWD.us, a pro-immigration advocacy group founded by Mark Zuckerberg, eliminating its main funding source (www.bloomberg.com)
5 days ago Immigration Zuckerberg

Sources: ByteDance is on track for ~$50B profit in 2025 after generating a ~$40B net income in the first three quarters, surpassing its internal target for 2025 (www.bloomberg.com)
5 days ago

DraftKings launches DraftKings Predictions, a new app that lets customers in 38 states trade contracts on sports and financial events through prediction markets (www.bloomberg.com)
5 days ago

Sources: The Chan Zuckerberg Initiative cuts ties with FWD.us, an immigration advocacy group founded by Mark Zuckerberg, eliminating FWD.us' main funding source (www.bloomberg.com)
5 days ago Immigration Zuckerberg

Coinbase sues Connecticut, Illinois and Michigan over state attempts to regulate prediction markets, arguing that they fall under the jurisdiction of the CFTC (www.bloomberg.com)
6 days ago Coinbase CFTC

The US Senate confirms Trump pick Michael Selig as chairman of the CFTC, as lawmakers consider legislation to give the agency more control over digital assets (www.bloomberg.com)
6 days ago Trump Asset Senate CFTC

Sources: Riot Games is working on a major overhaul of League of Legends, internally called League Next, for 2027; Riot confirms a big update is in the works (www.bloomberg.com)
6 days ago

Twenty-four companies, including Microsoft, Google, Nvidia, OpenAI, and AWS, join the US Genesis Mission to boost the use of AI for scientific discovery (www.bloomberg.com)
6 days ago Google Microsoft AI Nvidia

Edison, which last month released AI tool Kosmos to speed up and automate complex scientific hypothesis generation, raised $70M at a $250M valuation (www.bloomberg.com)
6 days ago AI

Imprint, which helps retailers like Brooks Brothers offer co-branded credit cards and manage loyalty programs, raised $150M led by Khosla at a $1.2B valuation (www.bloomberg.com)
6 days ago Credit Card

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