Articles from www.bloomberg.com

Articles from www.bloomberg.com

Sources: GM plans a renewed push on driverless cars, focused on personal use rather than a robotaxi service, and is trying to bring back some ex-Cruise workers (www.bloomberg.com)
2025-8-12 Autonomous Car

Trade experts: Nvidia and AMD's deal to export AI chips to China and pay the US 15% of revenue is “unprecedented” and a sign of “a new and dangerous world” (www.bloomberg.com)
2025-8-11 China AI Nvidia AMD

Malaysian startup Zetrix unveils NurAI, a chatbot for Muslims built using similar techniques to DeepSeek's V3, and plans AI avatars of Islamic scholars (www.bloomberg.com)
2025-8-11 Startup AI chatbot Malaysia Islam

Sea's Shopee is nearing a $100B market cap after its stock surged 300%+ since early 2024, driven by its in-house, community-based logistics network SPX Express (www.bloomberg.com)
2025-8-11 Logistics

Wondery's restructure suggests the end of the “Serial” podcasting era and the start of a new one, marked by investment tied to video and the creator economy (www.bloomberg.com)
2025-8-11

Bo Hines, the head of the White House Presidential Council of Advisers for Digital Assets, says he is stepping down and returning to the private sector (www.bloomberg.com)
2025-8-11 Asset

Sources: Apple is testing upgraded App Intents with Uber, Temu, Amazon, YouTube, WhatsApp, and other apps to transform Siri into a true voice-first interface (www.bloomberg.com)
2025-8-11 Amazon Uber Apple YouTube WhatsApp

Investors are increasingly divesting from companies they fear are at risk of AI disruption, like Wix and Shutterstock, which are down at least 30% in 2025 (www.bloomberg.com)
2025-8-10 AI

AI startups like Anthropic and OpenAI are ramping up efforts to recruit quant researchers from Wall Street firms, offering competitive pay and benefits (www.bloomberg.com)
2025-8-10 Startup AI Wall Street

US nuclear, geothermal, and energy storage companies have found a lifeline in the AI data center boom after years of challenges such as high interest rates (www.bloomberg.com)
2025-8-10 Energy AI Interest Rate

Despite stablecoins reaching $5T in transaction volumes in 2025, their promise of cheaper cross-border payments is hampered by persistent foreign exchange costs (www.bloomberg.com)
2025-8-9

The controversy involving Tokyo Electron over alleged TSMC IP theft comes at a low point for the company, after order cancellations and a lull in Chinese demand (www.bloomberg.com)
2025-8-9 China Tokyo

South Korean AI chip design firm DeepX partners with Baidu on industrial AI projects, as sources say it is preparing to raise a round above its $79M Series C (www.bloomberg.com)
2025-8-9 Korea AI

Sources: Periodic Labs, which is building AI for material science, is raising $200M led by a16z, valuing the company at $1B before the investment (www.bloomberg.com)
2025-8-9 AI

Trade Desk shares drop ~38% after the company's latest earnings and projections heightened concerns about its future growth amid Amazon's rising ad-tech threat (www.bloomberg.com)
2025-8-9 Amazon

Sources: China told local brokers and think tanks to stop promoting stablecoins by publishing research or holding seminars, aiming to prevent market instability (www.bloomberg.com)
2025-8-9 China

Sources: Tesla is disbanding its Dojo supercomputer team and its leader is leaving, after ~20 team members joined DensityAI, a new data center services startup (www.bloomberg.com)
2025-8-8 Startup Tesla

Sources: SoftBank purchased Foxconn's EV plant in Ohio for $375M, a move aimed at kickstarting its $500B Stargate data center project with OpenAI and Oracle (www.bloomberg.com)
2025-8-8 Oracle

As Trump targets Intel CEO Lip-Bu Tan, a look at his VC firm Walden International, which has invested $5B+ in 600+ companies, with 100+ in China including SMIC (www.bloomberg.com)
2025-8-8 Trump China Intel

Bit Digital-owned AI infrastructure company WhiteFiber closed down 4.59% in its Nasdaq debut, after raising $159.4M in an IPO, valuing the company at $619M (www.bloomberg.com)
2025-8-8 IPO AI

Sources: Meta picks Pimco and Blue Owl to lead a $29B financing for its Louisiana data center expansion, providing $26B in debt and $3B in equity, respectively (www.bloomberg.com)
2025-8-8 Equity

Sources: German AI startup n8n is expected to raise hundreds of millions of euros led by Accel at a pre-money valuation of $2.3B, up from ~$350M four months ago (www.bloomberg.com)
2025-8-8 Germany Startup AI

Sources: Tesla is disbanding the Dojo supercomputer team, and its leader is leaving, after ~20 team members joined DensityAI, a new data center services startup (www.bloomberg.com)
2025-8-8 Startup Tesla

Instacart reports Q2 revenue up 11% YoY to $914M, above est., orders up 17% to 82.7M, vs. 80.8M, and Q3 outlook above estimates; CART jumps 7%+ after hours (www.bloomberg.com)
2025-8-8

OpenAI launches a research preview of four preset personalities for ChatGPT users to better tailor their interactions: Cynic, Robot, Listener, and Nerd (www.bloomberg.com)
2025-8-8 Robot

President Trump calls on Intel CEO Lip-Bu Tan to “resign, immediately” and says he is “highly CONFLICTED”, after Sen. Cotton asked Tan about his ties to China (www.bloomberg.com)
2025-8-7 Trump China Intel

DJI, which is facing an end of 2025 deadline to keep its US business alive, says its lobbying efforts are struggling; DJI controls 70%+ of the US drone market (www.bloomberg.com)
2025-8-7 Drone

Tokyo Electron says it fired an employee in Taipei and is cooperating with Taiwan's investigation after Taiwan arrested six people over alleged TSMC IP theft (www.bloomberg.com)
2025-8-7 Taiwan Tokyo

Cinven acquires a majority stake in Smart Communications from Accel-KKR; sources: the deal values the customer conversations platform at ~$1.8B including debt (www.bloomberg.com)
2025-8-7

Foxconn partners with Taiwan-based Teco for AI servers and other AI data center hardware, taking a 10% stake, while Teco gets a less than 1% stake in Foxconn (www.bloomberg.com)
2025-8-7 Taiwan AI

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