Articles from www.bloomberg.com

Articles from www.bloomberg.com

Sources: Zhipu is considering a multibillion-dollar Hong Kong share sale after its stock surged 2,000% since its January IPO, pushing its market cap above $128B (www.bloomberg.com)
2 days ago Hong Kong IPO

Sources: Miami-based cybersecurity company Varonis is exploring options including a potential sale after receiving takeover interest; VRNS jumps 6%+ (www.bloomberg.com)
3 days ago

Sources: Hadrian, which is building AI-powered factories to produce space and defense parts, is in talks to raise ~$1B at a ~$7.5B post-money valuation (www.bloomberg.com)
3 days ago AI

Alibaba sues the DOD, seeking removal from a blacklist of companies supporting China's military, says the decision is a violation of constitutional due process (www.bloomberg.com)
3 days ago China Alibaba

Sources: SpaceX, which is seeking to raise between $20B and $25B in its debut US bond sale, has drawn about $89B of demand (www.bloomberg.com)
3 days ago SpaceX

Sources: Abu Dhabi's MGX has raised close to $50B from regional sovereign wealth funds, global pension funds, and others to accelerate spending on AI deals (www.bloomberg.com)
3 days ago AI

Menlo raised $3B for funds dedicated to backing AI startups, its largest haul to date; sources say Menlo's Anthropic stake is currently worth nearly $14B (www.bloomberg.com)
3 days ago Startup AI

Meta unveils Meta Adventurer and Fury glasses, each priced at $299, its first under its own brand, and a $399 Starfire model in partnership with Kylie Jenner (www.bloomberg.com)
3 days ago

Nvidia unveils Halos, a safety-focused OS developed from autonomous vehicle tech and designed to run on IGX Thor hardware for humanoid robots, and opens a lab (www.bloomberg.com)
3 days ago Robot Nvidia Autonomous Car

Google plans a 12-week incubator, picking 10 to 20 AI startups from its “Xoogler” alumni and providing up to $350K in cloud credits and $100K in direct funding (www.bloomberg.com)
3 days ago Google Startup AI

The EU is set to impose a €3 duty on non-EU items under €150 from July 1, as the bloc seeks to slow the flood of low-priced merchandise from retailers like Temu (www.bloomberg.com)
3 days ago

Sources: Tencent is negotiating exits from several game studio investments in Japan, including Tokyo-traded Marvelous, as it reassesses its global portfolio (www.bloomberg.com)
3 days ago Japan Tencent Tokyo

A US NLRB judge ruled that Amazon violated federal law by not recognizing the Teamsters union at a SF warehouse and must collectively bargain with the workers (www.bloomberg.com)
4 days ago Amazon

Sources: Qualcomm is in advanced talks to acquire Modular in a transaction valuing the AI chip startup at ~$4B, up from a $1.6B valuation in September 2025 (www.bloomberg.com)
4 days ago Startup AI

Filing: Oracle's global workforce fell by 21,000 employees in the past 12 months to 141,000 as of May 31; the company says AI adoption has led to reductions (www.bloomberg.com)
4 days ago AI Oracle

Air Space Intelligence won an $875M, 12-year FAA contract to develop AI tools that map flight trajectories and identify areas of congestion to reduce delays (www.bloomberg.com)
4 days ago AI Intelligence

Alphabet stock fell as much as 7.2%, the most intraday since February, after Google DeepMind VP John Jumper became its second top AI exec to leave in a week (www.bloomberg.com)
4 days ago Google AI Alphabet

Groq raised $650M led by Disruptive and Infinitum after its Nvidia deal, aiming to hit 200 MW in capacity by the end of 2027, following a $750M raise in 2025 (www.bloomberg.com)
4 days ago Nvidia

Nvidia unveils Halos, a new safety-focused OS derived from autonomous vehicle tech, designed to run on IGX Thor hardware for humanoid robots, and opens a lab (www.bloomberg.com)
4 days ago Robot Nvidia Autonomous Car

Meta invests $900M into Indian fintech startup Cred, and plans to appoint Cred founder Kunal Shah as the new leader of WhatsApp, replacing Will Cathcart (www.bloomberg.com)
4 days ago India Fintech Startup WhatsApp

Electric bike rental company Lime is seeking to raise up to $180.9M in its US IPO, offering 6.7M shares at $24 to $26 each, giving it an up to $1.7B valuation (www.bloomberg.com)
4 days ago IPO

Chevron signs a 20-year deal with Microsoft to provide natural-gas power for a proposed West Texas data center, which could be one of the biggest in the US (www.bloomberg.com)
4 days ago Microsoft Texas

Analysis: Taiwanese car display chip maker Himax, which makes driver integrated circuits for Ferrari, VW, and others, nets its founders a $1B combined net worth (www.bloomberg.com)
4 days ago Taiwan

Getty signs a licensing deal with OpenAI, letting its image library appear in ChatGPT's search and discovery features; GETY jumps 150%+ pre-market (www.bloomberg.com)
4 days ago

S&P and IBM: 22% of global cyberattacks in 2024 hit Japan, the most targeted country, as it scrambles to improve its substandard systems against AI threats (www.bloomberg.com)
4 days ago Japan IBM AI

Tencent starts testing the new Xiaowei AI assistant powered by WeLM and DeepSeek models in its WeChat app in China, in an effort to catch up in the AI race (www.bloomberg.com)
4 days ago China AI WeChat Tencent

As Europe falls behind the US and China in consumer AI, its engineering companies and AI startups are turning to industrial AI applications to boost efficiency (www.bloomberg.com)
5 days ago China Europe Startup AI

Sources: John Ternus gets ready to put his firm imprint on Apple's industrial design team, which has lost a true seat at Apple's exec table over the past decade (www.bloomberg.com)
5 days ago Apple

SoftBank says it is struggling to find startups in Latin America ready for major investments and has completed only two new deals over the past two years (www.bloomberg.com)
5 days ago U.S. Startup Latin America

Claude Guillemot, co-founder of Ubisoft and chairman of gaming hardware company Guillemot Corporation, died at 69 after a plane crash in France (www.bloomberg.com)
6 days ago France

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