Articles from www.bloomberg.com

Articles from www.bloomberg.com

Sundar Pichai proved to be the “wartime CEO” that Google needed after ChatGPT's launch, making the company an AI leader, in part by empowering Demis Hassabis (www.bloomberg.com)
2025-11-14 Google AI

Sources: Mira Murati's Thinking Machines Lab is in early talks to raise a new round of funding at a roughly $50B valuation, potentially rising to $55B-$60B (www.bloomberg.com)
2025-11-14

Ubisoft delays the publication of its H1 financial results and requests the shares be halted from trading until then; its stock is down 49% so far in 2025 (www.bloomberg.com)
2025-11-14

OnePlus launches the $900+ OnePlus 15, with a Snapdragon 8 Elite Gen 5 chip and a 6.78" 165Hz display; the US launch is delayed due to the government shutdown (www.bloomberg.com)
2025-11-14

Grayscale files for an IPO, reporting $203.3M in net income on $318.7M in revenue for January to September 2025; the DCG unit has ~$35B in AUM and 40+ products (www.bloomberg.com)
2025-11-14 IPO

Dresden-based chip startup Ferroelectric Memory raised €100M, including €77M equity led by HV Capital and DTCF, to commercialize energy-saving memory chips (www.bloomberg.com)
2025-11-14 Energy Startup Equity

Source: French authorities fully lifted the travel ban on Telegram CEO Pavel Durov and removed a requirement for regular police check-ins as of November 10 (www.bloomberg.com)
2025-11-14 France Ban

UK-based BNPL startup Zilch raised $176.7M in equity and debt led by KKCG at the same $2B valuation as its 2022 funding, after raising $127M in 2024 (www.bloomberg.com)
2025-11-13 Startup Equity

Sources: Tencent and Apple agree to a deal to let Apple handle payments and take a 15% cut of purchases in WeChat mini games and apps, after a year of talks (www.bloomberg.com)
2025-11-13 Apple WeChat Tencent

The EU opens a DMA investigation into Google over allegedly demoting news outlets with promotional content; Google says this is part of its anti-spam efforts (www.bloomberg.com)
2025-11-13 Google

JD.com reports Q3 revenue up 15% YoY to $42.1B, above ~$41.4B est., and net income down 55% YoY to ~$745M, as it competes in meal delivery and fast-commerce (www.bloomberg.com)
2025-11-13

Sources: Alibaba is renaming its AI app Tongyi to “Qwen”, aiming to make it more like ChatGPT, and adding agentic-AI shopping features for platforms like Taobao (www.bloomberg.com)
2025-11-13 Alibaba AI

Polymarket starts live testing its US exchange, quietly opening to some users, and says it's fully functional with select users betting on real contracts (www.bloomberg.com)
2025-11-13

Satya Nadella says Microsoft has access to “all” of OpenAI's custom AI chip work and plans to use it to help develop its own in-house chip (www.bloomberg.com)
2025-11-13 Microsoft AI

Visa announces a pilot allowing businesses to send stablecoins payouts directly to users' or workers' crypto wallets (www.bloomberg.com)
2025-11-13

Ireland's media regulator launches its first formal investigation under the EU DSA, probing X for allegedly failing to remove illegal content reported by users (www.bloomberg.com)
2025-11-13 Ireland

Waymo becomes the first robotaxi provider to offer driverless rides on freeways, available 24/7 in San Francisco, Phoenix, and Los Angeles for users who opt in (www.bloomberg.com)
2025-11-13 San Francisco

Airbnb plans to launch a three-month pilot on January 5 to let guests order groceries via Instacart within its app for rentals in Phoenix, Orlando, and LA (www.bloomberg.com)
2025-11-13 Airbnb

Tel Aviv-based Sweet Security, which helps spot abnormal cloud infrastructure behavior, raised $75M led by Evolution Equity, taking its total funding to $120M (www.bloomberg.com)
2025-11-13 Equity

Maryland-based Forterra, an autonomous military vehicle software startup founded in 2002, raised $238M, including $50M in debt, at a $1B+ valuation (www.bloomberg.com)
2025-11-12 Startup

Michael Burry's warning that hyperscalers are underestimating AI chip depreciation shows that tech investors may have forgotten how much depreciation can hurt (www.bloomberg.com)
2025-11-12 AI

D-Matrix, which develops AI inference chips, raised $275M co-led by Bullhound, Triatomic, and Temasek at a $2B valuation, taking its total funding to $450M (www.bloomberg.com)
2025-11-12 AI

JD.com says it had record sales during China's Singles' Day event, without giving transaction values, despite Chinese deflation; Alibaba hasn't released data (www.bloomberg.com)
2025-11-12 China Alibaba

China says the December 2020 theft of 127,272 BTC, now worth ~$13B, from Chinese mining pool LuBian is likely a “state-level hacker operation” led by the US (www.bloomberg.com)
2025-11-12 China Hacker

AMD CEO Lisa Su says AMD's annual revenue growth will average 35%+ a year over the next three to five years and the total AI chip market will reach $1T by 2030 (www.bloomberg.com)
2025-11-12 AI AMD

A UK judge jails a Chinese woman to 11 years and 8 months in prison for laundering bitcoin linked to a £5B investment scheme in which UK seized 61K bitcoin (www.bloomberg.com)
2025-11-12 China Bitcoin

Sea reports Q3 revenue up 38% YoY to $6B, above $5.65B est., a $375M net income, below $433M est., and Shopee revenue up 35% YoY to $4.3B and GMV up 28% YoY (www.bloomberg.com)
2025-11-11

Sources: the EU plans to designate WhatsApp's Channels as a Very Large Online Platform under the DSA, meaning it must meet moderation and transparency standards (www.bloomberg.com)
2025-11-11 WhatsApp

Microsoft plans to spend $10B to build a data center in the Portuguese town of Sines in partnership with Portuguese developer Start Campus and UK startup Nscale (www.bloomberg.com)
2025-11-11 Microsoft Startup

Asahi says shipment levels are at just 10% of normal after a cyberattack in early October, and it is processing orders manually, ahead of a busy December period (www.bloomberg.com)
2025-11-11

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