Articles from www.bloomberg.com

Articles from www.bloomberg.com

Uber dismissed two leaders at its AI data labeling business as part of a broader leadership transition at the unit, which it says is “seeing strong momentum” (www.bloomberg.com)
2026-7-2 Uber AI

Abu Dhabi-based MGX raised a $49B AI-focused fund, exceeding its $45B target, and plans to spend as much as $10B annually over the next few years (www.bloomberg.com)
2026-7-1 AI

Sources: Meta is developing plans for a cloud infrastructure business that will sell access to AI computing power and models, to compete with AWS and Azure (www.bloomberg.com)
2026-7-1 AI

Taiwanese authorities detain two Super Micro staff and an Albatron manager after a raid of Super Micro's local offices this week over Nvidia shipments to China (www.bloomberg.com)
2026-7-1 China Taiwan Nvidia

Stockholm's Patent and Market Court orders Google to pay nearly $2B to Klarna's PriceRunner in a dispute over abuse of power in the shopping comparison market (www.bloomberg.com)
2026-7-1 Google

Twelve Labs, which is building AI models to make video searchable and understandable, raised a $100M Series B co-led by NEA and Naver, and signs an AWS deal (www.bloomberg.com)
2026-7-1 AI

Wayve files to sell shares on the London Stock Exchange's new Private Securities Market, the first major company to test it, and let staff sell $85M in shares (www.bloomberg.com)
2026-7-1 London

How a new Amazon-built transatlantic fiber-optic link in Ireland is symbolic of the country's AI ambitions, but also of its chronic lack of defense spending (www.bloomberg.com)
2026-7-1 Amazon AI Ireland

ByteDance is building a $39B data center complex in a free-trade zone in Brazil's Ceará, set to be its largest facility outside of China with a 1GW capacity (www.bloomberg.com)
2026-7-1 China Brazil

A look at Manifest, an annual convention for prediction markets where many purists worry that Kalshi and Polymarket are undermining the technology's public good (www.bloomberg.com)
2026-7-1

SpaceX cuts monthly Starlink prices in half in the Memphis area, as it endures blowback and legal challenges from opponents of its Colossus data centers (www.bloomberg.com)
2026-7-1 SpaceX

Lime raised $174M in its US IPO, selling 6.68M shares at $25 each, at the midpoint of the marketed range, giving Lime a market value of $1.6B (www.bloomberg.com)
2026-7-1 IPO

Vimeo owner Bending Spoons raised $1.68B by selling 58M shares at $29 each, valuing it at ~$18.4B, in one of the largest US IPOs by a European company in 2026 (www.bloomberg.com)
2026-7-1 Europe IPO

Sources: Kalshi agreed to pay $20M to sponsor the World Cup knockouts, after initially balking at FIFA's $150M asking price, alongside ADI Predictstreet (www.bloomberg.com)
2026-7-1

Sources: TikTok settles a lawsuit before a second California trial over social media harm to minors for an undisclosed sum; Meta and Snap remain defendants (www.bloomberg.com)
2026-7-1 California

Schneider Electric agrees to buy industrial AI company Cognite in a $3.1B all-cash deal, and plans to combine Cognite with its industrial software company Aveva (www.bloomberg.com)
2026-7-1 AI

AI chip startup Etched says it has raised $800M from investors including Jane Street and a venture firm linked to TSMC, and has signed sales contracts worth $1B (www.bloomberg.com)
2026-7-1 Startup AI

The DOD seeks to recruit engineers experienced in frontier AI, machine learning and automation, and data systems, to embed them “down to the unit level” (www.bloomberg.com)
2026-7-1 AI Machine Learning

How Spain's LaLiga uses nationwide IP blocking to combat illegal sports streams, impacting an estimated 550K+ domains, putting it in conflict with Cloudflare (www.bloomberg.com)
2026-6-30 Spain

Nebex, a fintech startup aiming to act as a broker platform connecting US space tech suppliers, foreign governments, and investors, raised a $30M seed led by GV (www.bloomberg.com)
2026-6-30 Fintech Startup

Australia's ACCC sues Amazon for allegedly introducing ads to Prime Video under unfair contract terms and forcing existing subscribers to pay more to avoid them (www.bloomberg.com)
2026-6-30 Australia Amazon

Marc Andreessen is appointed to the DOD's Defense Policy Board, a committee tasked with giving strategic advice to the defense secretary and other top officials (www.bloomberg.com)
2026-6-30

Source: Taiwanese authorities raided Super Micro's Taiwan office as part of a probe into the alleged smuggling of Nvidia chips to China; SMCI closed down 8.1% (www.bloomberg.com)
2026-6-30 China Taiwan Nvidia

As a new law bars DOD from working with companies whose lobbyists also represent blacklisted entities, DC lobbying firms drop companies like Alibaba and Tencent (www.bloomberg.com)
2026-6-30 Alibaba Tencent

Japanese prediction market startups Miraima and Poyp are utilizing a “point-to-voucher” system to bypass strict anti-gambling laws, in a bid to rival Polymarket (www.bloomberg.com)
2026-6-29 Japan Startup

Chinese robotics startup AI² Robotics raised ~$736M at a ~$2.9B valuation; Alibaba-backed X Square Robot raised an undisclosed amount at a ~$2.9B valuation (www.bloomberg.com)
2026-6-29 China Alibaba Startup AI Robot

Adobe: online spending across all retailers in the US hit $26.4B during Amazon's four-day Prime Day event, up 9.3% YoY; Walmart and Target also hosted sales (www.bloomberg.com)
2026-6-29 Amazon Adobe Walmart

Verizon and the UK's BT agree to create a joint venture for their international businesses with ~$4B in combined yearly revenue; Verizon will pay $625M to BT (www.bloomberg.com)
2026-6-29

Humanoid robot maker Apptronik raised ~$1B at a ~$5B valuation, including from Mercedes-Benz, which has a handful of Apptronik's Apollo robots in its factories (www.bloomberg.com)
2026-6-29 Robot

Letter: Austria is pushing the EU to consider hosting Anthropic within its borders, highlighting EU efforts to boost bloc independence from US and Chinese tech (www.bloomberg.com)
2026-6-29 China Austria

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