Articles from www.bloomberg.com

Articles from www.bloomberg.com

xAI has faced a growing outcry from global regulators over Grok's generation of non-consensual explicit photos, but has faced little regulatory action in the US (www.bloomberg.com)
34 minutes ago

Anthropic's Claude Cowork launch has revived fears about disruption that weighed on SaaS stocks in 2025; Morgan Stanley SaaS index is down 15% so far in 2026 (www.bloomberg.com)
9 hours ago SaaS Morgan Stanley

Sources: Seoul-based AI chip designer FuriosaAI seeks to raise a $300M-$500M Series D to fund mass production of its 2nd-gen RNGD chip and is eyeing a 2027 IPO (www.bloomberg.com)
12 hours ago IPO AI

The UK Gambling Commission says Meta is letting illegal gambling sites advertise on Facebook and Instagram, calling its ad library a “window into criminality” (www.bloomberg.com)
12 hours ago Facebook Instagram

NYSE plans to use its tech that matches buyers and sellers, alongside blockchain networks, to facilitate real-time trading of tokenized securities in 2026 (www.bloomberg.com)
15 hours ago Blockchain

a16z's Matt Bornstein and others talk adding $1.7B to its $1.25B AI infrastructure fund, focusing on early rounds; Ben Horowitz calls it “one of the best funds” (www.bloomberg.com)
16 hours ago AI

Bitcoin fell 3.6% to under $92K, ether fell ~5%, and solana fell 8.6%, wiping ~$100B from crypto's total value, after Trump proposed new 10% European tariffs (www.bloomberg.com)
17 hours ago Trump Europe Bitcoin

Chinese media: phone makers Xiaomi, Oppo, Vivo, and Transsion trimmed their 2026 shipment targets, with Oppo cutting up to 20%, due to the memory chip shortage (www.bloomberg.com)
20 hours ago China Xiaomi OPPO Vivo

Shenzhen-based UBTech signed deals to supply its Walker S2 humanoid robots to Airbus and Texas Instruments, and says it aims to produce 10,000+ units in 2026 (www.bloomberg.com)
23 hours ago Airbus Robot Shenzhen Texas

Micron signs a letter of intent to buy a fabrication site in Taiwan from Powerchip for $1.8B to expand DRAM memory chip production, expected to close in Q2 2026 (www.bloomberg.com)
2 days ago Taiwan

Filing: Elon Musk seeks $79B-$134B damages from OpenAI and Microsoft, alleging OpenAI defrauded him by abandoning nonprofit roots and partnering with Microsoft (www.bloomberg.com)
2 days ago Microsoft Elon Musk

Adobe's stock has slumped more than 45% since the end of 2023, reflecting analyst concerns over the threat of AI-driven disruption to SaaS companies (www.bloomberg.com)
2 days ago SaaS AI Adobe

Sources: Anchorage Digital, the first federally chartered US digital asset bank, is seeking to raise $200M to $400M, ahead of a possible IPO in 2027 (www.bloomberg.com)
3 days ago IPO Asset

Sources: Google is in talks with broadband operator Radiate to set up a JV to hold their fiber assets; Stonepeak Partners will invest $1B to support the deal (www.bloomberg.com)
3 days ago Google Asset

Some top California Democrats join Governor Gavin Newsom in opposing a ballot initiative led by a healthcare union seeking a one-time 5% tax on $1B+ in assets (www.bloomberg.com)
3 days ago Tax Democrat Asset California

FTC Chairman Andrew Ferguson says the agency is examining Big Tech's acqui-hires to make sure “they are not an attempt to get around” its merger review process (www.bloomberg.com)
3 days ago

Sources: Replit is in advanced discussions to raise a new round of funding that would roughly triple its valuation to $9B; source: the round is for ~$400M (www.bloomberg.com)
3 days ago

Sources: Trump and Northeastern state governors agree to push grid operator PJM to hold an auction for tech companies to fund new power plants, amid the AI boom (www.bloomberg.com)
3 days ago Trump AI

DoorDash Chief Revenue Officer Lee Brown is departing the delivery app company after less than six months; long-term VP Shanna Prevé will become CRO (www.bloomberg.com)
3 days ago

ClickHouse, a Snowflake challenger that offers an OLAP database management system, raised $400M led by Dragoneer at a $15B valuation, up from $6.35B in May 2025 (www.bloomberg.com)
3 days ago Database

Sources: Trump and several state governors agree to direct grid operator PJM to hold an auction for tech companies to fund new power plants due to AI demand (www.bloomberg.com)
4 days ago Trump AI

Sources: Replit is in advanced discussions to raise about $400M in a new round of funding that would roughly triple its valuation to $9B (www.bloomberg.com)
4 days ago

Letter: a top House Republican warns severe DRAM and HBM3E supply shortages may constrain H200 export licenses; Nvidia says it “can serve all approved” orders (www.bloomberg.com)
4 days ago Republican Nvidia

OpenAI says it issued a request for proposals to US-based hardware manufacturers as it seeks to push into consumer devices, robotics, and cloud data centers (www.bloomberg.com)
4 days ago Robot

Sam Altman's brain-computer interface startup Merge Labs raised $252M from OpenAI, Bain Capital, and others (www.bloomberg.com)
4 days ago Startup

BlackRock raises $12.5B as part of its Microsoft partnership to bankroll data centers and energy infrastructure, bringing it closer to its $30B goal from 2024 (www.bloomberg.com)
4 days ago Microsoft Energy

Spotify plans to raise its Premium subscription by $1 to $12.99/month for subscribers in the US, Estonia, and Latvia, in its first US hike since July 2024 (www.bloomberg.com)
4 days ago Spotify

ASML hits a $500B+ market cap for the first time, the third European company to reach the milestone, after TSMC reported strong earnings; ASML is up 24% YTD (www.bloomberg.com)
4 days ago Europe

Yield Sec: the top 10 pirate sports streaming sites in the UK, largely funded by ads from unlicensed gambling operators, had 1.6B views in H1 2025, up 33% YoY (www.bloomberg.com)
4 days ago

South Korea dropped Naver's and NCSoft's teams from its competition to develop its first sovereign AI model, as LG's, SK Telecom's, and Upstage's teams advanced (www.bloomberg.com)
4 days ago Korea AI

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