Articles from www.bloomberg.com

Articles from www.bloomberg.com

China's National People's Congress saw an uncharacteristic surge in tech optimism, driven by DeepSeek, which has fired up investors, politicians, and regulators (www.bloomberg.com)
2025-3-15 China

Sources: Ubisoft explores selling a stake in a new entity holding IP like Assassin's Creed to investors including Tencent, at a higher valuation than Ubisoft (www.bloomberg.com)
2025-3-15 Tencent

Klarna files for a US IPO, with plans to list on the NYSE under KLAR, seeking to raise at least $1B and reportedly targeting a valuation of more than $15B (www.bloomberg.com)
2025-3-15 IPO

Sources: an exec overseeing Siri told staff current delays were ugly, made worse by Apple publicly promoting new features, and it's unclear when they will ship (www.bloomberg.com)
2025-3-15 Apple

China announces new rules requiring companies to label AI-generated material, either explicitly or via metadata, starting September 1 (www.bloomberg.com)
2025-3-15 China AI

Sources: Apple is planning a new AirPods feature as part of iOS 19 that will enable live-translation of in-person conversations (www.bloomberg.com)
2025-3-14 IOS Apple

Sources: President Trump's World Liberty Financial has discussed doing business with Binance, including the possibility of developing a stablecoin with Binance (www.bloomberg.com)
2025-3-14 Trump

OpenAI releases a 15-page set of policy suggestions for the White House, arguing that hundreds of AI bills pending across the US risk undercutting US progress (www.bloomberg.com)
2025-3-13 AI

Alibaba debuts New Quark, an updated app using its flagship Qwen reasoning model, rolling out gradually, as it seeks to keep up with DeepSeek and Chinese rivals (www.bloomberg.com)
2025-3-13 China Alibaba

Intel's new CEO Lip-Bu Tan says he will stick with the costly foundry plan, which led to Pat Gelsinger's ouster, to make Intel “a world-class products company” (www.bloomberg.com)
2025-3-13 Intel

Boston-based Insilico, which uses AI for drug discovery and has extensive operations in China, raised a $110M Series E led by Value Partners at a $1B+ valuation (www.bloomberg.com)
2025-3-13 China AI

Sources: Supabase, which bills itself as an open-source alternative to Google's Firebase, is raising $100M+ in a round led by Accel, valuing the company at ~$2B (www.bloomberg.com)
2025-3-13 Google

French publishers and authors sue Meta for allegedly training AI models on their books without consent, say they have evidence of “massive” copyright breaches (www.bloomberg.com)
2025-3-13 France AI

Adobe reports Q1 revenue up 10% YoY to $5.71B, vs. $5.66B est., Digital Media revenue up 11% to $4.23B, and issues a disappointing outlook for Q2 revenue growth (www.bloomberg.com)
2025-3-13 Adobe

Sources: the FTC moves ahead with an antitrust probe of Microsoft opened by Lina Khan, signaling that new Chair Andrew Ferguson prioritizes Big Tech scrutiny (www.bloomberg.com)
2025-3-13 Microsoft

Binance says Abu Dhabi's MGX acquired a minority stake for $2B, the first institutional investment in the exchange and MGX's first entry into the crypto (www.bloomberg.com)
2025-3-13

Roomba maker iRobot warns of “substantial doubt” over its ability to continue operating, after Amazon abandoned a $1B+ takeover in January 2024; IRBT drops 35%+ (www.bloomberg.com)
2025-3-13 Amazon

Alibaba demos R1-Omni, an open-source model that its Tongyi Lab researchers say can read emotions, building on HumanOmni, in a bid to compete with OpenAI (www.bloomberg.com)
2025-3-12 Alibaba

Estonian startups aim to turn its thriving tech sector into a military-industrial complex, including making autonomous drones, as Europe boosts defense spending (www.bloomberg.com)
2025-3-12 Europe Startup Drone

Bengaluru is becoming an AI talent hub as overseas startups compete with Big Tech; Bain & Co predicts India's AI talent gap will reach 1M workers by 2027 (www.bloomberg.com)
2025-3-12 India Startup AI

Deliveroo exits Hong Kong after tough competition from Foodpanda and Meituan's Keeta, which has expanded to Saudi Arabia, with 1M weekly users per Sensor Tower (www.bloomberg.com)
2025-3-12 Hong Kong Arabia Sensor Saudi Arabia

Sources: Google is in final talks to acquire AdHawk Microsystems, a Canadian maker of eye-tracking tech, for $115M, including $15M in performance-based payments (www.bloomberg.com)
2025-3-12 Google Canada

After tech companies like Amazon and Microsoft made huge bets on AI, the gadget boom that started with the launch of Alexa in 2014 has largely fizzled (www.bloomberg.com)
2025-3-12 Amazon Microsoft AI

Dexterity, maker of industrial robots that have “human-like” finesse, raised $95M at a $1.65B valuation, up from $1.4B in 2021, bringing total funding to ~$300M (www.bloomberg.com)
2025-3-12 Robot

Sources: VCs with “locked” tokens are working with market makers to hedge their positions; Tokenomist: 2024's largest unlocks brought $5.4B+ into circulation (www.bloomberg.com)
2025-3-12

Sources: Apple preps a major interface revamp for iOS 19, iPadOS 19, and macOS 16, loosely based on visionOS, with a consistent design and simpler navigation (www.bloomberg.com)
2025-3-12 IOS Apple

Coinbase registers with India's FIU and plans to roll out its retail trading platform in India later in 2025, its second attempt to expand in the country (www.bloomberg.com)
2025-3-11 India Retail Coinbase

Celestial AI, which aims to use light to speed up data transfer inside servers, raised $250M led by Fidelity at a $2.5B valuation, taking its funding to $515M (www.bloomberg.com)
2025-3-11 AI

Sources: Kirkland-based enterprise cybersecurity startup Chainguard is in talks to raise $350M led by Kleiner at a $3.5B valuation, up from $1.1B in July 2024 (www.bloomberg.com)
2025-3-11 Startup

Virtual physical therapy service Hinge Health files for a US IPO, and reports revenue of $390M in 2024, up from $293M in 2023, and a net loss of $11.9M (www.bloomberg.com)
2025-3-11 IPO

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