Articles from www.bloomberg.com

Articles from www.bloomberg.com

Filing: China-based Transsion, which commands 53% of Africa's mobile phone market by unit sales, is seeking to raise as much as ~$428M in a Hong Kong share sale (www.bloomberg.com)
2026-10-7 China Hong Kong Mobile Africa

Boston Dynamics appoints former Amazon executive Rohit Prasad, who spent 12 years helping build and expand Alexa, as its CEO (www.bloomberg.com)
2026-10-7 Amazon Boston Dynamics

Sources: Apple's push into smart home devices includes a doorbell, thermostat, and other accessories developed with LG; the products will carry the LG brand (www.bloomberg.com)
2026-10-7 Apple

Sources: Waymo increased the size of its inaugural debt raise from $3B+ to $5B, as it grapples with rising AI costs and rapidly expands its robotaxi fleet (www.bloomberg.com)
2026-10-7 AI

Uber agrees to acquire Boston-based catering platform ezCater in an all-cash deal valued at $2.3B to expand Uber Eats into corporate food delivery (www.bloomberg.com)
2026-10-7 Uber

London- and Paris-based tokenized cash startup Spiko raised a $90M Series B at an $800M valuation, taking its total funding to $120M, and hits ~$2.7B in AUM (www.bloomberg.com)
2026-10-6 Startup London Paris

Sources: Kuaishou's Kling selects banks to lead a Hong Kong IPO aiming to raise $1B+ as early as 2027; Kling hit a $15B valuation after raising $2.8B in July (www.bloomberg.com)
2026-10-6 Hong Kong IPO

Sources: DeepSeek is close to raising $12B+ in a round that could reach ~$14.9B, with Tencent and CATL as the biggest contributors, ahead of an early-2027 IPO (www.bloomberg.com)
2026-10-6 IPO Tencent

Sources: Seagate and Toshiba are bidding for TDK's HDD magnetic head business in a multibillion-dollar deal, as they compete for AI data center storage demand (www.bloomberg.com)
2026-10-6 AI Toshiba

Sources: Moonshot AI closes its final private funding round at a ~$50B valuation and is targeting a Hong Kong IPO in Q1 2027 to raise up to $5B (www.bloomberg.com)
2026-10-6 Hong Kong IPO AI

Former Anthropic researcher Jacob Coxon and representatives from Anthropic, Google, OpenAI, and Meta testified at a New York City Council hearing on AI safety (www.bloomberg.com)
2026-10-6 Google AI New York

In a first-of-its-kind pilot in the US, Nolla Health will use AI to diagnose and prescribe acne medications to Utah patients without direct human oversight (www.bloomberg.com)
2026-10-6 AI

Billionaires Index: tech billionaires account for all of the $845B in wealth gains so far in 2026; those whose fortunes came from outside tech lost $62B total (www.bloomberg.com)
2026-10-5

OKXICE, a JV between OKX and ICE, is seeking SEC approval to offer tokenized shares of 63 NYSE-listed firms, as it leverages new US rules on tokenized stocks (www.bloomberg.com)
2026-10-5

Sources: Firmus plans to allocate ~50% of its IPO shares to existing holders, as investor demand far exceeds the offer size in one of Australia's largest IPOs (www.bloomberg.com)
2026-10-5 Australia IPO

Q&A with Google SVP and DeepMind Institute co-director James Manyika on AI risks and why responsibility must be shared across industry, government, and society (www.bloomberg.com)
2026-10-5 Google AI

Sources: John Ternus has effectively become Apple's design chief, working in the studio several times a week; OLED touch-screen MacBook Pro will be much lighter (www.bloomberg.com)
2026-10-5 Apple MacBook

Sources: Broadcom's Wall Street syndicate is amassing $60B in AI chip financing to help Anthropic and others access chips and other key AI infrastructure (www.bloomberg.com)
2026-10-3 AI Wall Street

Sources: an EU investigation is set to find that Azure and AWS meet DMA thresholds, as the EU strengthens its regulatory scrutiny of the cloud sector (www.bloomberg.com)
2026-10-2

US authorities arrest a California man suspected of smuggling $300M+ worth of restricted Nvidia AI chips to China via Malaysia and Singapore from 2023 to 2024 (www.bloomberg.com)
2026-10-2 China AI Singapore Malaysia Nvidia California

Experts say mounting cases of Nvidia chips reaching Chinese AI companies despite US export controls are increasingly pointing to gaps in Nvidia's due diligence (www.bloomberg.com)
2026-10-2 China AI Nvidia

Source: some of the information that the three OpenAI employees allegedly mishandled pertained to OpenAI's infrastructure architecture (www.bloomberg.com)
2026-10-2

Sources: Anthropic could start formal marketing for its IPO as soon as the week of November 9, putting it in line to begin trading before Thanksgiving (www.bloomberg.com)
2026-10-2 IPO

Huawei plans moderate smartphone price increases to counter an average $200 per-unit cost hike driven by rising memory component costs, and unveils new handsets (www.bloomberg.com)
2026-10-1

Netflix co-CEO Ted Sarandos says growth is slower than he'd like and defends the WBD pursuit, adding Netflix isn't seeking another acquisition to replace it (www.bloomberg.com)
2026-10-1 Netflix

Amazon signs a 20-year deal to buy power from Constellation Energy, including boosting capacity at its Maryland nuclear plant, supporting $3B+ in investments (www.bloomberg.com)
2026-10-1 Amazon Energy

Sources: some Google employees say Gemini 4 performs well on benchmarks but struggles with some real-world coding tasks; Google disputes that characterization (www.bloomberg.com)
2026-10-1 Google

OpenAI says individuals associated with Moonshot AI played a significant role in a coordinated model-distillation campaign that began in early July (www.bloomberg.com)
2026-10-1 AI

Open Standard launches its OUSD stablecoin; founding partners Visa, Stripe, Mastercard, and Coinbase will offer initial access to businesses and developers (www.bloomberg.com)
2026-10-1 Coinbase

Document: SpaceXAI plans a unified subscription for Grok and X with four tiers, including a $100/month Ultra plan, an $8/month Lite plan, and a free offering (www.bloomberg.com)
2026-10-1

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