Articles from www.bloomberg.com

Articles from www.bloomberg.com

Shares of bitcoin mining companies pivoting to AI and HPC infrastructure have soared in 2025, with a fund tracking mining firms up 150% year-to-date (www.bloomberg.com)
2025-10-19 Bitcoin AI

Inside Hyperliquid, a booming DEX for perpetual crypto futures still controlled by a small insider group, raising questions about how decentralized it really is (www.bloomberg.com)
2025-10-18 Decentralize

Mexico-based fintech Plata, approved for a banking license in December 2024, raised $250M at a $3.1B valuation, as it seeks to transition to a full-fledged bank (www.bloomberg.com)
2025-10-18 Mexico Fintech

Sources: Li Lin, founder of crypto exchange Huobi, and some of Asia's earliest Ethereum backers have raised ~$1B to launch a digital asset trust to buy Ether (www.bloomberg.com)
2025-10-18 Asia Asset Ethereum

Sources: Suno is in talks to raise $100M+ at a $2B+ valuation, quadrupling its previous valuation; it raised $125M in 2024 and is generating $100M+ in ARR (www.bloomberg.com)
2025-10-18

Sources: Revolut is nearing the completion of a $3B fundraising round that values the company at $75B, up from $45B in a 2024 secondary share sale (www.bloomberg.com)
2025-10-18

Sources: French regulator ACPR is carrying out anti-money laundering checks on Binance and others, as it seeks to determine eligibility for EU MiCA licenses (www.bloomberg.com)
2025-10-17 France

Sources: Samsung to showcase its trifold phone at this month's APEC summit; attendees won't be allowed to touch it, as it's expected to be displayed under glass (www.bloomberg.com)
2025-10-17 Samsung APEC

Source: OpenAI expects to spend 20% to 30% less on AI chips co-developed with Broadcom than on chips from Nvidia, which is notoriously backlogged on GPU orders (www.bloomberg.com)
2025-10-17 AI Nvidia

Sources: Nintendo has asked manufacturers to produce as many as 25M Switch 2 units by the end of March 2026, surpassing analysts' estimates of 17.6M (www.bloomberg.com)
2025-10-17 Nintendo

Sources: Meta is set to seal an almost $30B financing package for its Louisiana data center; Meta will retain 20% ownership in the Hyperion data center site (www.bloomberg.com)
2025-10-17

Sources: CME Group plans to debut financial contracts tied to sports games and economic indicators by the end of 2025, including through its FanDuel partnership (www.bloomberg.com)
2025-10-17

Sources: Apple readies a slimmer M6 MacBook Pro featuring an OLED touch display with a hole-punch design replacing the notch, for late 2026 or early 2027 (www.bloomberg.com)
2025-10-17 Apple MacBook

Uber plans to launch data labelling tasks in the US for some drivers to earn extra money, appearing under “digital tasks” in the driver app, later this fall (www.bloomberg.com)
2025-10-17 Uber

TSMC reports Q3 net profit up 39% YoY to $14.8B, above est., and raises its 2025 revenue growth projection to the mid-30% range, signaling strong AI chip demand (www.bloomberg.com)
2025-10-16 AI

Sources: a ransomware attack is disrupting US state and local borrowers' ability to post debt documents on the $4.3T municipal bond market's MuniOS platform (www.bloomberg.com)
2025-10-16

Court hearing: UK prosecutors aim to confiscate ~$6.8B in bitcoin tied to a massive 2017 fraud in China and to pay back Chinese investors that were its victims (www.bloomberg.com)
2025-10-16 China Bitcoin

Bengaluru-based quick grocery delivery startup Zepto raised $450M from Goodwater, General Catalyst, and others at a $7B valuation, as it prepares for an IPO (www.bloomberg.com)
2025-10-16 IPO Startup

Japanese chip material maker Tekscend rose 13% on its Tokyo debut after raising $1B in its IPO; Tekscend makes photomasks to transfer tiny circuits onto wafers (www.bloomberg.com)
2025-10-16 Japan IPO Tokyo

Kraken acquires Small Exchange, a US-licensed futures exchange, from the IG Group, for $32.5M in cash and $67.5M in Kraken parent's Payward stock (www.bloomberg.com)
2025-10-16

A look at efforts in Sweden to make its banking systems and payment networks resilient to hybrid warfare attacks; 90% of Sweden's transactions are digital (www.bloomberg.com)
2025-10-16 Sweden

TSMC reports Q3 net profit up 39% YoY to ~$14.8B, beating est., after previously reporting a 30% rise in revenue, the latest sign of robust spending on AI chips (www.bloomberg.com)
2025-10-16 AI

Nvidia partners with startup Firmus on Project Southgate, a $2.9B initial undertaking to build renewable energy-powered AI data centers across Australia (www.bloomberg.com)
2025-10-16 Australia Energy Startup AI Nvidia Renewable

Huawei's key partners SiCarrier and Qiyunfang showcased chipmaking gear and EDA software at a Shenzhen expo; SiCarrier's gear competes with older US products (www.bloomberg.com)
2025-10-16 Shenzhen

Sources: F5's breach is blamed on China, whose hackers had infiltrated F5's network for at least 12 months using the Brickstorm malware to steal source code (www.bloomberg.com)
2025-10-16 China

Sources: Apple executive Ke Yang, who was appointed just weeks ago as head of a team developing AI-driven web search for Siri, is leaving for Meta (www.bloomberg.com)
2025-10-16 AI Apple

David Sacks says Anthropic is running a “regulatory capture strategy based on fear-mongering”, responding to Anthropic co-founder Jack Clark's post on AI policy (www.bloomberg.com)
2025-10-16 AI

Sources: Chinese state actors compromised UK government servers for at least the last 10 years, routinely accessing low- and medium-level classified information (www.bloomberg.com)
2025-10-16 China

Sources: Anthropic held early funding talks this month with Abu Dhabi-based MGX, which it considers a prior investor, after closing a $13B Series F in September (www.bloomberg.com)
2025-10-16

Sources: Orange is seeking to raise €400M-€500M by selling a stake of as much as 50% in its data center business, including its major facility in Normandy (www.bloomberg.com)
2025-10-16

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