Articles from www.bloomberg.com

Articles from www.bloomberg.com

Chinese AI chipmaker MetaX's shares jumped up to 755% in its Shanghai debut after a heavily oversubscribed $585.5M IPO, pushing its market cap past $42B (www.bloomberg.com)
2025-12-17 China IPO AI Shanghai

Sources: Waymo is in discussions to raise more than $15B at a valuation near $100B, in a round led by Alphabet; an October 2024 round valued Waymo at above $45B (www.bloomberg.com)
2025-12-17 Alphabet

Perplexity updates its iPad app to improve multitasking and focus on research tools, part of a push to add business customers, after launching Comet on Android (www.bloomberg.com)
2025-12-17 Android iPad

Amazon partners with payments startup Slope to offer loans of up to $5M to merchants selling on its platform, using Amazon sales data for candidate selection (www.bloomberg.com)
2025-12-17 Amazon Startup

OpenAI updates ChatGPT Images to generate images up to 4x faster and edit more precisely, and adds a new section in ChatGPT's app and website for images (www.bloomberg.com)
2025-12-17

DoorDash launches Zesty, a standalone AI-powered social app for users to find nearby restaurants, in public testing in San Francisco and New York (www.bloomberg.com)
2025-12-17 AI San Francisco New York

Instagram unveils its first TV app, initially available on Amazon's Fire TV as a test with plans to expand to other TV platforms (www.bloomberg.com)
2025-12-17 Amazon Instagram

Visa says it will allow US banks to settle transactions using Circle's USDC stablecoin over Solana, the US' first full deployment of a stablecoin settlement (www.bloomberg.com)
2025-12-16

Sources and a memo: Amazon plans to cut 370 jobs, or ~8.5% of its 4,370 employees, at its European HQ in Luxembourg, the country's biggest layoffs in 20 years (www.bloomberg.com)
2025-12-16 Europe Amazon Layoffs

As Europe rearms, Anduril is trying to break through in the UK by co-funding major programs, cutting manufacturing deals, and billing itself as “Anglo-American” (www.bloomberg.com)
2025-12-16 Europe U.S. Manufacturing

How the rise of AI has divided Hollywood, as some oppose the use of the technology while others say they are exploring ways to utilize AI tools (www.bloomberg.com)
2025-12-16 AI

Sources: Disney's Sora deal is entirely in OpenAI stock rather than a cash licensing fee; Disney has the option to buy additional stock beyond the $1B stake (www.bloomberg.com)
2025-12-16

How crypto entrepreneur Bill Zanker helped Trump and Melania launch memecoins; as of December 10, $TRUMP was down 92% since its peak and $MELANIA was down 99% (www.bloomberg.com)
2025-12-16 Trump Entrepreneur

Lidar manufacturer Luminar files for Chapter 11 bankruptcy and says it reached a deal to sell its semiconductor subsidiary to Quantum Computing Inc. for $110M (www.bloomberg.com)
2025-12-16 Quantum

An interview with Marcos Galperin, the CEO of MercadoLibre, which has a $105B market cap, on deciding to resign, MercadoLibre's rivalry with Amazon, and more (www.bloomberg.com)
2025-12-16 Amazon Interview

Memo: Greg Peters and Ted Sarandos lay out Netflix's WBD case, moving to quell concerns about job losses and the end of theater releases, after Paramount's bid (www.bloomberg.com)
2025-12-16 Netflix

AI drug discovery startup Chai Discovery raised a $130M Series B led by Oak HC/FT and General Catalyst at a $1.3B valuation, taking its total funding to $225M (www.bloomberg.com)
2025-12-15 Startup AI

Analysis: Tata, Infosys, and Cognizant are set to bear the brunt of Trump's $100K H-1B fee; from 2020 to 2024, 93% of Infosys' H-1B hires would have had to pay (www.bloomberg.com)
2025-12-15 Trump H1B

An interview with Marcos Galperin, CEO of MercadoLibre, which has a $105B market cap, on his upcoming resignation, MercadoLibre's rivalry with Amazon, and more (www.bloomberg.com)
2025-12-15 Amazon Interview

iRobot files for Chapter 11 bankruptcy after reaching a restructuring support agreement to hand control to its secured lender and key supplier, Shenzhen Picea (www.bloomberg.com)
2025-12-15 Shenzhen

A profile of ASML, Europe's most valuable company, as it prepares for a transition to High NA EUV, with high-volume manufacturing expected in 2027 and 2028 (www.bloomberg.com)
2025-12-14 Europe Manufacturing

Sources: ServiceNow is in advanced talks to buy Armis, which helps businesses secure and manage IoT devices, in a deal that may value Armis at as much as $7B (www.bloomberg.com)
2025-12-14 IoT

Q&A with Microsoft AI CEO Mustafa Suleyman on defining superintelligence, its application in the medical field, universal basic income, regulation, and more (www.bloomberg.com)
2025-12-14 Microsoft AI

To build more powerful AI systems, some AI leaders are focusing on pursuing an approach called continual learning, which mimics how people learn over time (www.bloomberg.com)
2025-12-14 AI

How Oracle's massive Stargate deal with OpenAI has pushed Oracle to the center of the AI boom, turning its market cap into a barometer on AI sentiment (www.bloomberg.com)
2025-12-14 AI Oracle

The AI boom is delaying US municipal projects, as ~$4T in AI infra spending through 2030 shifts skilled construction workers to AI data centers (www.bloomberg.com)
2025-12-14 AI

A look at Netflix House in Philadelphia, a new 100K sq. ft. location for in-person experiences, which resembles a Disneyland attraction and a Dave & Buster's (www.bloomberg.com)
2025-12-14 Netflix

Sources: The Trump administration is drafting a new cyber strategy that would enlist private companies to mount offensive cyberattacks on foreign adversaries (www.bloomberg.com)
2025-12-14 Trump

Broadcom's shares fell 11% on December 12, their biggest single-day drop since January, after the company's AI sales outlook fell short of investor expectations (www.bloomberg.com)
2025-12-13 AI

Seagate and Western Digital, with stocks each up 200%+ in 2025, will join Nasdaq 100 before the December 22 market open; GlobalFoundries will leave the index (www.bloomberg.com)
2025-12-13 Western Digital

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