Articles from www.bloomberg.com

Articles from www.bloomberg.com

Source: Thrive Holdings has landed $1B in commitments for a new fundraising deal and is considering raising at least another $1B after strong investor interest (www.bloomberg.com)
14 hours ago

In an interview, David Sacks says he has relinquished his role as AI and crypto czar after using up his time as a special government employee (www.bloomberg.com)
15 hours ago Interview AI

Google releases new tools for its Gemini AI assistant that let users upload chat history and context from other AI apps, making it easier to switch from them (www.bloomberg.com)
16 hours ago Google AI

Sources: Apple granted out-of-cycle bonuses worth several hundred thousand dollars to iPhone hardware designers, as OpenAI and others poach its engineers (www.bloomberg.com)
17 hours ago iPhone Apple

Meta plans to increase its investment in a data center in El Paso, Texas, to more than $10B, a significant rise from the initial $1.5B commitment (www.bloomberg.com)
18 hours ago Texas

Sources: Apple plans to open up Siri to run any AI service via App Store apps in iOS 27, dropping ChatGPT as exclusive partner in Apple Intelligence and Siri (www.bloomberg.com)
20 hours ago IOS AI Apple Intelligence

Meituan reports Q4 revenue up 4.1% YoY to ~$13.3B and a ~$2.2B adjusted net loss, vs. ~$1.9B est., amid an intense food delivery fight with Alibaba and JD.com (www.bloomberg.com)
1 day ago Alibaba 4Q

Sources: Chinese chipmaker CXMT hit ~$8B in 2025 revenue, up 130% YoY, and projects ~$435M in adjusted net income, excluding one-time items, ahead of an IPO (www.bloomberg.com)
1 day ago China IPO

Pony AI reports 2025 revenue up 20% YoY to ~$90M, total annual losses down 72% YoY to ~$76.8M, and a $75.5M net income in Q4, its first profitable quarter ever (www.bloomberg.com)
1 day ago AI 4Q

How Theia, a satellite imaging startup that raised $250M+ by 2020, collapsed after the founder and four other execs were indicted on federal fraud charges (www.bloomberg.com)
1 day ago Startup

Sources: AI science startup Periodic Labs, founded by ex-OpenAI VP Liam Fedus and DeepMind's Ekin Cubuk, aims to raise hundreds of millions at a ~$7B valuation (www.bloomberg.com)
2 days ago Startup AI

AI note taking startup Granola raised $125M led by Index Ventures at a $1.5B valuation, and plans Claude integrations and agentic AI features in the next year (www.bloomberg.com)
2 days ago Startup AI

Chinese AI company Kuaishou reports Q4 revenue up 12% YoY to ~$5.7B, meeting est., adjusted net income up 16% YoY, and Kling text-to-video revenue of ~$49M (www.bloomberg.com)
2 days ago China AI 4Q

How internet censorship tech maker Sandvine, a vendor to repressive regimes like Egypt, nearly collapsed before US restrictions forced new ownership and a pivot (www.bloomberg.com)
2 days ago Egypt

OpenAI hires Kiran Mani, the CEO of Indian streaming platform JioStar, for a newly created role leading its Asia-Pacific operations, reporting to CSO Jason Kwon (www.bloomberg.com)
2 days ago India Asia

EQT and McKinsey study: between 2014 and 2025, European tech companies with a current combined value of ~$1.4T listed abroad or were acquired by foreign buyers (www.bloomberg.com)
2 days ago Europe

Filing: Meta offers top executives stock options for the first time since its 2012 IPO to retain talent, if it hits stock-price milestones in the coming years (www.bloomberg.com)
2 days ago IPO

Amity, a Thailand-based startup that provides generative AI tools to businesses like retail and telecom, raised $100M in a Series D as it plans for a 2027 IPO (www.bloomberg.com)
2 days ago IPO Retail Thailand Startup AI

Source: Meta's rollout of Meta Ray-Ban Display in the EU has been hampered by regulations on AI features and removable batteries, as well as supply constraints (www.bloomberg.com)
2 days ago AI Ban

Amazon acquired New York-based Fauna Robotics, which is developing a human-like, 42-inch tall robot that can interact with people, walk, grip items, and dance (www.bloomberg.com)
2 days ago Amazon Robot New York

Epic cuts 1,000+ jobs, saying it is “spending significantly more” than it is making and that the layoffs and $500M in savings put it “in a more stable place” (www.bloomberg.com)
2 days ago Layoffs

Sources: OpenAI nears a deal to raise ~$10B from Abu Dhabi's MGX, Coatue, and Thrive, bringing its latest funding round to ~$120B at a $730B valuation (www.bloomberg.com)
2 days ago

Sources: Apple's plans for a Siri reboot include a standalone Siri app, an overhauled interface in the Dynamic Island, and Ask Siri and Write with Siri features (www.bloomberg.com)
2 days ago Apple

Sources: Microsoft agrees to a deal with Crusoe to lease a data center project in Abilene, Texas, representing ~700 MW, after Oracle and OpenAI walked away (www.bloomberg.com)
2 days ago Microsoft Oracle Texas

OpenAI plans to invest $1B in AI-related causes in 2026 via the OpenAI Foundation, and names co-founder Wojciech Zaremba to lead its AI resilience initiatives (www.bloomberg.com)
2 days ago AI

Finland suspends a plan to move its election platform to AWS, opting to remain on domestic servers through the 2027 general election, as trust in the US frays (www.bloomberg.com)
2 days ago Finland

Halter, which provides AI-powered cow collars for remote herding via audio and vibration cues, raised $220M led by Founders Fund at a $2B valuation (www.bloomberg.com)
2 days ago AI

Epic cuts 1,000+ jobs, saying “we're spending significantly more than we're making” and that the layoffs and $500M in savings put it “in a more stable place” (www.bloomberg.com)
2 days ago Layoffs

Kleiner Perkins raised $3.5B for two new funds, allocating $1B to its 22nd early-stage fund and $2.5B to a growth-stage fund, taking its AUM to $21B+ (www.bloomberg.com)
3 days ago

Russian space company Bureau 1440 says it launched 16 broadband internet satellites, an early operational step in a low-Earth orbit network to rival SpaceX (www.bloomberg.com)
3 days ago Russia SpaceX

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