Articles from www.bloomberg.com

Articles from www.bloomberg.com

Qualcomm says it plans to buy back another $20B worth of shares and is raising its quarterly cash dividend, after unveiling a $15B buyback in November 2024 (www.bloomberg.com)
2026-3-18

Enterprise AI automation startup Standard Template Labs raised a $49M seed co-led by Iconiq and CRV, a source says at a $300M post-money valuation (www.bloomberg.com)
2026-3-17 Startup AI

Amsterdam-based Nebius plans to raise ~$3.75B in convertible debt to fund its data center expansion and to purchase customized AI chips, after its Meta deal (www.bloomberg.com)
2026-3-17 AI

Darton Commodities: the global cobalt shortage is set to persist through 2030, after Congo limited exports in 2025; the DRC accounts for 70%+ of global supply (www.bloomberg.com)
2026-3-17 Commodity

SK Group Chair Chey Tae-won says memory chip makers are expanding capacity but are unlikely to match demand until around 2030; basic wafer supply lags by 20%+ (www.bloomberg.com)
2026-3-17

The UK plans to spend £1B+ on quantum computing research over four years, including funding companies in pharmaceuticals, financial services, and energy (www.bloomberg.com)
2026-3-17 Energy Quantum

Berlin-based Upvest, which builds trading APIs for neobanks and retail lenders, raised $90M in equity, sources say at a $735M valuation, up from ~$413M in 2024 (www.bloomberg.com)
2026-3-17 Germany Retail Equity

Samsung says it is winding down sales of its $2,899 Galaxy Z TriFold in South Korea and the US once it clears inventory, after just three months on the market (www.bloomberg.com)
2026-3-17 Korea Samsung

Jensen Huang says Nvidia expects to generate $1T+ from its Blackwell and Rubin chips through the end of 2027, after previously forecasting $500B by 2026's end (www.bloomberg.com)
2026-3-17 Nvidia

Taiwan's chip sector faces critical supply risks as the island relies on the Middle East for 37% of its LNG and much of its helium and sulfur, amid the Iran war (www.bloomberg.com)
2026-3-17 Taiwan Iran

Chip cooling startup Frore, which designs channels that conduct liquid coolant in 3D shapes unique to each chip, raised $143M led by MVP at a $1.64B valuation (www.bloomberg.com)
2026-3-16 Startup

Memo: Alibaba unveils Alibaba Token Hub, a new AI unit that consolidates research, consumer-facing apps, AI products, and more, as it focuses on monetizing AI (www.bloomberg.com)
2026-3-16 Alibaba AI

Amsterdam-based Nebius says Meta plans to spend up to $27B over five years for access to AI infrastructure, starting with $12B of capacity in early 2027 (www.bloomberg.com)
2026-3-16 AI

Sources: Alibaba may unveil a Qwen-based AI agent for enterprises as soon as this week, and plans to gradually integrate the agent into its services like Alipay (www.bloomberg.com)
2026-3-16 Alibaba AI Alipay

Takeaways from the 2026 Game Developers Conference: a high volume of job seekers amid layoffs, AI was the hot buzzword, more outsourcing than ever, and more (www.bloomberg.com)
2026-3-15 AI Layoffs

A survey of 1,000 hiring managers: 59% say they stress AI's role in layoffs or hiring freezes “because it plays better”; only 9% say AI has fully replaced roles (www.bloomberg.com)
2026-3-15 AI Layoffs

An excerpt from the upcoming book Project Maven details how the Pentagon enlisted Silicon Valley to build AI-powered tools of war, now playing out in Iran (www.bloomberg.com)
2026-3-14 AI Iran Pentagon

The US Army awards Anduril a 10-year contract worth up to $20B to buy its software, hardware, and services; the deal includes a 5-year optional ordering period (www.bloomberg.com)
2026-3-14

$TRUMP memecoin surged as much as 60% after its promoters said it would host a gala luncheon at Mar-a-Lago with Trump; the WH hasn't confirmed his attendance (www.bloomberg.com)
2026-3-14 Trump

Travis Kalanick renames CloudKitchens' parent company as Atoms, focused on creating “gainfully employed robots” for the food, mining, and transport industries (www.bloomberg.com)
2026-3-14 Robot

Uber is relaunching a robotaxi service with Hyundai-backed Motional in Las Vegas; the service will initially have a safety driver behind the wheel (www.bloomberg.com)
2026-3-13 Uber Vegas

Sources: HSBC and Standard Chartered are set to be among the first licensed stablecoin issuers in Hong Kong, as the city pushes to become a crypto hub (www.bloomberg.com)
2026-3-13 Hong Kong HSBC

The European Commission says “X has submitted remedies in relation to its blue check mark” in the EU and the commission will “assess” the proposed remedies (www.bloomberg.com)
2026-3-13 Europe

Apple is lowering its commission for its mainland China App Store from 30% to 25%, starting on March 15, “following discussions with the Chinese regulator” (www.bloomberg.com)
2026-3-13 China Apple

Sources: Amazon plans to move its Prime Day sale from July to late June; the shift affects its financial reporting, with event sales coming in Q2 rather than Q3 (www.bloomberg.com)
2026-3-13 Amazon

Sources: Meta has paused the Persian Gulf section of its 2Africa subsea cable project as the war in the Middle East freezes activity in the region (www.bloomberg.com)
2026-3-13

PayPay shares jump 19% in their Nasdaq debut after the company's $879.8M US IPO, the biggest listing by a Japanese company on a US stock exchange in a decade (www.bloomberg.com)
2026-3-13 Japan IPO

Sources: Apple's foldable iPhone will feature iPad-like layouts and side-by-side apps on its iPad mini-sized inner display and a small iPhone-sized outer screen (www.bloomberg.com)
2026-3-13 iPhone Apple iPad

Sunday, which is building autonomous home robots, raised a $165M Series B led by Coatue at a valuation of $1.15B, and aims to begin testing in homes this year (www.bloomberg.com)
2026-3-13 Robot

Michael Dell says “I don't think a company can dictate to a sovereign government what it does with its tools”, responding to a question on the Anthropic feud (www.bloomberg.com)
2026-3-13

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