Articles from www.bloomberg.com

Articles from www.bloomberg.com

Filings show Uber divested from long-time partner Serve Robotics in Q2, as the companies clash over how to deploy delivery robots; Serve has a DoorDash deal (www.bloomberg.com)
14 minutes ago Uber Robot

Royal Bank of Canada and Bank of Montreal agree to sell payments company Moneris to PE firm Francisco Partners for CA$2B in cash, splitting proceeds equally (www.bloomberg.com)
1 hour ago Canada

Sources: Phia co-founders Phoebe Gates and Sophia Kianni pushed for and were aware for seven months of using “cookie stuffing” to claim affiliate commissions (www.bloomberg.com)
4 hours ago

Bumble rolls out a global update letting any user send an opening message after matching, a major reversal from its signature women-go-first model (www.bloomberg.com)
7 hours ago

Revelio Labs: short-term AI training programs made up nearly 33% of the professional certificate market in 2026, up from just 2% in 2022 before ChatGPT launched (www.bloomberg.com)
8 hours ago AI

An NYC bill, backed by Mayor Zohran Mamdani, calls for Amazon, FedEx, and others to directly employ thousands of delivery workers; the bill could pass this fall (www.bloomberg.com)
8 hours ago Amazon

OpenAI is hiring a power-trading lead to manage commodity hedging across its expanding data center power portfolio, as tech companies seek reliable electricity (www.bloomberg.com)
10 hours ago

Intel raised $20B in an upsized share sale, up from the $15B it was targeting; sources say the sale drew $100B+ in demand; INTC is up ~146% in 2026 so far (www.bloomberg.com)
10 hours ago Intel

Singapore raises its 2026 GDP growth forecast to 4.5%-5.5% from 2%-4%, citing stronger-than-expected global AI investment and improved external demand (www.bloomberg.com)
14 hours ago AI Singapore GDP

Sources: investor interest in Situational Awareness surged after it nearly blew up on leveraged positions; the fund says it's not accepting new capital for now (www.bloomberg.com)
17 hours ago

Sources: Anthropic agreed to a 20-year, $9.1B compute deal with Riot Platforms for 191 MW of capacity at a Rockdale, TX campus; RIOT jumps ~25% after hours (www.bloomberg.com)
18 hours ago

Sources: Apple remains on track for a glass-centric design overhaul of iPhone Pro's line for 2027, countering rumors that led Jefferies to downgrade AAPL (www.bloomberg.com)
18 hours ago iPhone Apple

Sources: OpenAI bought back ~$7B in shares from current and former employees in a tender offer valuing it at $852B, unchanged from its most recent funding round (www.bloomberg.com)
23 hours ago

Filing: Sergey Brin donated an additional $20M to Building a Better California, which fights California's wealth tax, bringing his total contributions to $102M (www.bloomberg.com)
23 hours ago Tax California

The Ninth Circuit dismisses Meta's bid to pause a landmark trial by state AGs alleging its products addict children and have caused a youth mental health crisis (www.bloomberg.com)
1 day ago

Sources: AI cloud computing provider Lambda is selling a $917M leveraged loan to finance the purchase of GPUs as part of a contract with Nvidia (www.bloomberg.com)
1 day ago AI Nvidia

Anthropic, Macquarie, and Singapore's GIC form Theseus Infrastructure to develop AI computing sites; Anthropic will cover consumer electricity price hikes (www.bloomberg.com)
1 day ago AI Singapore

Intel announces a $15B common stock offering, with proceeds going to general corporate purposes like “maintaining a strong balance sheet”; INTC falls 3%+ (www.bloomberg.com)
1 day ago Intel

Meta says Muse Glimmer has 30B parameters and is “small enough” to need only one GPU; Meta plans a $1B fund to invest in US communities near its data centers (www.bloomberg.com)
1 day ago

Smart Analytics: Chinese humanoid robot makers were 97%+ of global shipments in H1 2026, reaching ~19,100 unit shipments globally, up from 5,100 in H1 2025 (www.bloomberg.com)
1 day ago China Robot

Revelio Labs: short-term AI training programs made up ~33% of the professional certificate market in 2026, up from just 2% in 2022 before ChatGPT launched (www.bloomberg.com)
1 day ago AI

Chinese AI labs account for nine of Artificial Analysis' top 10 text-to-video models, gaining global adoption and potentially an edge in building world models (www.bloomberg.com)
1 day ago China AI

Sources: Chinese regulators have told banks to back tech companies, but lenders still prefer stable cash flows and profitability over loss-making tech startups (www.bloomberg.com)
1 day ago China Startup

Moore Threads reports H1 revenue up 147% YoY to ~$258M, a net loss of $1.72M, says it plans a Hong Kong listing, after its stock surged 420%+ since Shanghai IPO (www.bloomberg.com)
1 day ago Hong Kong IPO Shanghai

South Korea's AI-driven chip industry boom is reordering the country's society, changing expectations around fairness, careers, and even culture and dating (www.bloomberg.com)
3 days ago Korea AI

The US OCC denies Dutch fintech Bunq's application for a national bank charter, citing the need for more clarity on its business plan to expand in the US (www.bloomberg.com)
3 days ago Fintech Netherlands

Sources: data center operator Switch filed confidentially for a US IPO, and a listing could take place as soon as November; Ben Horowitz is joining its board (www.bloomberg.com)
3 days ago IPO

Sources: the US Commerce Department's BIS is reviewing how Chinese AI companies access Nvidia chips overseas, including by legally renting foreign data centers (www.bloomberg.com)
4 days ago China AI Nvidia

SK Hynix plans a $38B chipmaking expansion in South Korea, including a new ~$24.7B DRAM facility in Yongin and a ~$13.3B NAND fabrication plant in Cheongju (www.bloomberg.com)
4 days ago Korea

Sources: up to five people tied to US Cyber Command died by suicide from early June to early July 2026, prompting it to flag a potential suicide cluster (www.bloomberg.com)
4 days ago

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