Articles from www.bloomberg.com

Articles from www.bloomberg.com

Trump says Jensen Huang should stay on as Nvidia CEO after affair admission, saying he is a “fine person” and “I haven't heard he's done anything wrong” (www.bloomberg.com)
2 days ago Trump Nvidia

Nvidia's board launches a probe into whether Jensen Huang was targeted by a foreign spy plot, saying it has no reason to believe Nvidia secrets were compromised (www.bloomberg.com)
2 days ago Nvidia

DeepSeek says its open-source agent app Harness hit 1.54M DAUs on November 4, less than three months after launch, and uses ~92T tokens a day, or ~60M per user (www.bloomberg.com)
2 days ago

Sources: John Ternus wants more urgency in Apple's AI efforts, pushing Craig Federighi to move beyond Siri AI tweaks to agentic and other advanced capabilities (www.bloomberg.com)
2 days ago AI Apple

Anthropic-backed AI safety super PAC Public First spent $63M+ in the 2026 midterms, and 10 of the 17 congressional candidates it backed won their elections (www.bloomberg.com)
3 days ago AI

Binance says CFO Kaiser Ng is leaving to “pursue a new venture” days after a $6.3B hack, citing a six-month transition plan, and names Justin Yek as CFO (www.bloomberg.com)
3 days ago

Democratic wins could slow AI investment and safeguard the US economy against a downturn by pacing it over time, as Deutsche Bank sees “shaky” projects killed (www.bloomberg.com)
3 days ago AI

CesiumAstro, which plans a 737-satellite LEO communications network at two altitudes, raised $730M at a $4.5B+ valuation, bringing its total funding to $1.4B (www.bloomberg.com)
4 days ago

Crusoe says Google has bought out its data center site in southeast Wyoming; Crusoe reportedly failed to lock in customers including Google for the project (www.bloomberg.com)
4 days ago Google

Sources: OpenAI has closed on new funding of roughly $11B at a $1.25T valuation; the round could increase to as much as $20B in total (www.bloomberg.com)
4 days ago

Elon Musk says US government contracts will account for under 10% of SpaceX's revenue this quarter, down from 16.6% last quarter and around 20% in 2025 (www.bloomberg.com)
4 days ago Elon Musk SpaceX

Sources: Microsoft has been turning off rented computing capacity from Oracle after declining to renew a 2023 deal, because the hardware used older Nvidia chips (www.bloomberg.com)
4 days ago Microsoft Oracle Nvidia

Democrats, with Elizabeth Warren a top contender to chair Senate Banking, are poised to step up oversight of Nvidia over chip exports and circular financing (www.bloomberg.com)
4 days ago Democrat Nvidia Senate

Sources: Nvidia is requiring Southeast Asian customers seeking Nvidia Cloud Partner status to enroll in a program that tracks the locations of their AI chips (www.bloomberg.com)
4 days ago AI Nvidia Southeast Asia

Cleanview: ~40% of planned data center capacity is in states where newly elected governors have pledged to pause or halt construction (www.bloomberg.com)
5 days ago

Blockaid: Binance hackers stole ~$2.5B, or 40% of the $6.3B haul, in a single Ethereum transaction using wallet permissions that cost just $15 to set up (www.bloomberg.com)
5 days ago Ethereum

Airbnb reports Q3 revenue up 19% YoY to $4.9B, above est., Nights and Seats Booked up 16% to 155M, rises its FY 2026 revenue outlook; ABNB jumps 9%+ after hours (www.bloomberg.com)
5 days ago Airbnb

The Nasdaq 100 drops 6%, losing a record $2.3T in value, and the Philadelphia chip index plunges 12%, on concerns over the AI trade after Democrats won Congress (www.bloomberg.com)
5 days ago AI Democrat

Defense tech startup Shield AI raises $2.5B, including a $1B Series H at a $28.8B valuation and $500M in debt, to help acquire radar company Echodyne for $5.3B (www.bloomberg.com)
5 days ago Startup AI

Google plans to spend $17B to build its first Wyoming data center, pay for all the power it uses, and form a Community Council to address growth concerns (www.bloomberg.com)
5 days ago Google

Adzuna: UK entry-level job postings mentioning AI are up almost 3x since early 2025; Indeed: one in six openings in AI-exposed fields now mentions AI, up 2x YoY (www.bloomberg.com)
5 days ago AI

Defense tech startup Shield AI raises $2.5B to help acquire radar company Echodyne, including a $1B Series H at a $28.8B valuation, up from $12.7B in March (www.bloomberg.com)
5 days ago Startup AI

Sources: Microsoft is tightening oversight of some data center projects, stepping away from those it deems risky, and debating whether to ink new neocloud deals (www.bloomberg.com)
5 days ago Microsoft

Sources: Apple plans to raise ~$7B from its first investment-grade bond offering in more than a year to fund share buybacks, dividends, and capital expenditures (www.bloomberg.com)
5 days ago Apple

Agility Robotics is set to begin trading on the Nasdaq under AGLT after a SPAC merger, the first dedicated humanoid robotics company to go public in the US (www.bloomberg.com)
5 days ago Robot

Sources: Micron suspends construction of its $3B to $4.5B Fab 11E facility in Taiwan, set for 2028, due to mounting uncertainties over a local labor dispute (www.bloomberg.com)
5 days ago Taiwan

Study: UK consumer AI spending passes £1B annually, with 5.1% of adults paying for subscriptions as of July 2026; Claude is rapidly catching up to ChatGPT (www.bloomberg.com)
5 days ago AI

Sony reports Q2 revenue of ~$21.7B, operating profit of $3.94B, both above est., and 2.6M PS5 sales, as GTA VI sparks a US sales jump, especially of the PS5 Pro (www.bloomberg.com)
5 days ago Sony

Sunil Mittal, founder of India's second-largest telco Airtel, says Airtel-backed OneWeb can build a satellite-internet network independent of the US and China (www.bloomberg.com)
5 days ago China India

Nintendo reports Q2 net profit down 16% YoY to $468M, as rising Switch 2 component costs cut into its margins; Switch 2's H1 FY 2027 sales fell 37% YoY to 6.49M (www.bloomberg.com)
5 days ago Nintendo

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