Articles from www.bloomberg.com

Articles from www.bloomberg.com

Data analytics company Fractal, which became India's first AI unicorn in 2022, raised $313M in its Mumbai IPO; its shares fell 5% amid a weak Indian IPO market (www.bloomberg.com)
2026-2-17 India IPO AI

Sources: Sony is considering pushing back the debut of its next PlayStation console to 2028 or even 2029, as the AI boom fuels huge memory chip demand (www.bloomberg.com)
2026-2-16 AI Sony

OpenAI retired GPT-4o on February 13, angering loyal users, 20K+ of whom signed a petition; 4o showed the unique attachment that people can form with chatbots (www.bloomberg.com)
2026-2-16 chatbot

Credit derivatives trading on specific tech companies continues to rise, amid concerns that they may be borrowing too much to fuel AI development (www.bloomberg.com)
2026-2-16 AI

India-based AI cloud startup Neysa plans to raise up to $600M in equity led by Blackstone, plus $600M in debt, to deploy 20K+ GPUs in India for AI training (www.bloomberg.com)
2026-2-16 India Startup AI Equity

A look at a new generation of Chinese billionaire AI entrepreneurs who keep a low profile, with fortunes entwined with China's push for tech independence (www.bloomberg.com)
2026-2-16 China AI Entrepreneur

Sources: Apple tweaked its Maps app for Tesla before the EV maker's planned addition of CarPlay; low-cost MacBook will get an aluminum chassis in playful colors (www.bloomberg.com)
2026-2-16 Apple Tesla MacBook Aluminum

A deep dive into a global money-laundering ecosystem powered by crypto and messaging apps like WeChat and Telegram, used by drug cartels and criminal groups (www.bloomberg.com)
2026-2-15 WeChat

Sources: the US FTC accelerated a probe into whether Microsoft illegally monopolized the enterprise computing market with its cloud software and AI offerings (www.bloomberg.com)
2026-2-14 Microsoft AI

IBM says it plans to triple entry-level hiring in the US in 2026 “for all these jobs that we're being told AI can do”, affecting a wide range of departments (www.bloomberg.com)
2026-2-14 IBM AI

Applied Materials reports Q1 revenue down 2% YoY to $7.01B, vs. $6.86B est., and forecasts Q2 revenue above estimates; AMAT jumps 12%+ after hours (www.bloomberg.com)
2026-2-13

In a memo to US lawmakers, OpenAI accused DeepSeek of using distillation techniques to train the next generation of R1 and “free-ride” on leading US AI models (www.bloomberg.com)
2026-2-13 AI

IBM says it plans to triple entry-level hiring in the US in 2026 “for all these jobs that we're being told AI can do” (www.bloomberg.com)
2026-2-13 IBM AI

GPT-5.3-Codex-Spark is OpenAI's first AI model to run on chips from Nvidia rival Cerebras; OpenAI says Codex has more than 1M weekly active users (www.bloomberg.com)
2026-2-13 AI Nvidia

Letter: the EU launched a new probe into Google for potentially “artificially increasing the clearing price” of ad auctions “to the detriment of advertisers” (www.bloomberg.com)
2026-2-13 Google

Sony launches the $330 WF-1000XM6 earbuds, with AI-powered beamforming mics for enhanced voice call clarity, improved ANC, and hands-free Gemini on Android (www.bloomberg.com)
2026-2-13 Android AI Sony

Simile, which uses AI to help companies predict human behavior, including guessing items customers might buy, raised $100M led by Index and emerges from stealth (www.bloomberg.com)
2026-2-13 AI

Waymo co-CEO Tekedra Mawakana expects the company to hit 1M+ paid weekly robotaxi rides in the US by the end of 2026, up from ~400K per week in six cities now (www.bloomberg.com)
2026-2-12

Samsung says it sent the first commercial HBM4 shipments to customers, as it seeks to supply Nvidia and compete with memory rivals like SK Hynix and Micron (www.bloomberg.com)
2026-2-12 Samsung Nvidia

Some of the biggest VC firms are backing both OpenAI and Anthropic, breaking a taboo by investing in competing startups, as the AI race reshapes venture capital (www.bloomberg.com)
2026-2-12 Startup AI

Lenovo reports Q3 revenue up 18% YoY to $22.2B on strong PC sales ahead of expected memory price hikes and rising AI server demand; net income fell 21% to $546M (www.bloomberg.com)
2026-2-12 AI Lenovo

xAI will be organized into four core areas: Grok's chatbot and voice products, Coding, Imagine, and Macrohard, which will build digital agents to run companies (www.bloomberg.com)
2026-2-12 chatbot

Sources: Apple's Siri upgrade has run into snags recently, possibly pushing some personalized Siri and other features from iOS 26.4 to iOS 26.5, due in May (www.bloomberg.com)
2026-2-12 IOS Apple

Meta plans to spend more than $10B to build a 1GW data center campus in Lebanon, Indiana, expected to be operational at the end of 2027 or in early 2028 (www.bloomberg.com)
2026-2-12 Lebanon

Google told advertisers that it is integrating direct shopping into Search's AI Mode and Gemini; users can now buy items from Etsy and Wayfair within Gemini (www.bloomberg.com)
2026-2-12 Google AI

Austin-based humanoid robot startup Apptronik raised $520M led by Google and others at a $5.5B valuation, up 3x from when it raised $350M in February 2025 (www.bloomberg.com)
2026-2-12 Google Startup Robot

Filing: San Jose Mayor Matt Mahan, set to run for California governor to succeed Newsom, gets donations from Sergey Brin, Roblox CEO David Baszucki, and others (www.bloomberg.com)
2026-2-12 California

Mistral plans to spend €1.2B to build AI infrastructure in Sweden in partnership with EcoDataCenter, set to open in 2027 and its first investment outside France (www.bloomberg.com)
2026-2-11 France AI Sweden

JPMorgan exec Naveen Mallela, global co-head of blockchain division Kinexys, steps down after 11 years at the bank; Kinexys handled $5B transactions per day (www.bloomberg.com)
2026-2-11 Blockchain JPMorgan

KPMG citing PitchBook data: UK fintech investment totaled almost $11B in 2025 across 418 deals, down from ~$13.4B in 2024 across 527 deals; Revolut raised $4B (www.bloomberg.com)
2026-2-11 Fintech KPMG

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