Articles from www.bloomberg.com

Articles from www.bloomberg.com

How the Strait of Hormuz blockade is disrupting global chip supply chains, affecting supplies of helium, bromine, sulfur, and thinners essential to chipmaking (www.bloomberg.com)
2026-5-13

An analysis of Tokenomist.ai data: Trump family members made ~$1.55B from sales of World Liberty Financial's WLFI tokens, lifting their total fortune by ~$660M (www.bloomberg.com)
2026-5-13 Trump AI

Analysis: contract prices for NAND chips are up 600%+ since late September 2025, while those for DRAM chips are up ~400%, with analysts expecting further gains (www.bloomberg.com)
2026-5-13

Metis TechBio, a biotech company using AI to deliver and formulate drugs, surged as much as 185% in its Hong Kong market debut after raising ~$270M in its IPO (www.bloomberg.com)
2026-5-13 Hong Kong IPO AI Biotech

Sources: Anthropic is in early talks to raise at least $30B at a $900B+ valuation; the round is expected to close as soon as the end of this month (www.bloomberg.com)
2026-5-13

Sources: Apple plans to make the Camera app fully customizable in iOS 27, along with noticeable design changes across Siri, Safari, Weather, and more (www.bloomberg.com)
2026-5-13 IOS Apple

Musk v. Altman: Altman testified that in 2017 Musk demanded complete control of a proposed OpenAI for-profit arm, musing that he would pass it to his children (www.bloomberg.com)
2026-5-13

Anthropic names eight unauthorized secondary market sellers of its shares, including Hiive and Forge Global, warning that any share transactions there are void (www.bloomberg.com)
2026-5-13

Anthropic announces 12 Claude plugins for the legal sector, including a “commercial counsel” tool for reviewing vendor agreements and a bar exam study tool (www.bloomberg.com)
2026-5-13

Sources: Wispr AI, the developer of the voice dictation tool Wispr Flow, is in talks to raise ~$260M in a round that could more than double its valuation to $2B (www.bloomberg.com)
2026-5-13 AI

London-based blockchain analytics company Elliptic raised $120M led by One Peak Partners at a $670M valuation; the platform screens 1B+ transactions per week (www.bloomberg.com)
2026-5-12 Blockchain London

SAP invests in German workflow automation platform n8n at a $5.2B valuation, up from $2.5B after an October 2025 equity raise, and agrees to embed n8n's tools (www.bloomberg.com)
2026-5-12 Germany Equity

Sea reports Q1 revenue up 47% YoY to $7.1B and net income up 6% YoY to $428M, both above est., after warding off rivals in Southeast Asia's e-commerce market (www.bloomberg.com)
2026-5-12 Asia Southeast Asia

eBay rejects GameStop's $56B takeover offer, saying the unsolicited bid is “neither credible nor attractive”, in a letter from eBay Chairman Paul Pressler (www.bloomberg.com)
2026-5-12 eBay

Sources: Jensen Huang was not invited to travel with President Trump on his China trip, a potential setback to Nvidia; Huang expressed his willingness to join (www.bloomberg.com)
2026-5-12 Trump China Nvidia

Human Rights Watch: at least six EU member states, including Bulgaria and Denmark, have sold surveillance tech to 24+ countries known for violating human rights (www.bloomberg.com)
2026-5-12

GM plans to lay off IT workers in an effort to trim costs and bring in staff with skills in other tech areas; sources: the cuts will affect 500 to 600 employees (www.bloomberg.com)
2026-5-12

GitLab announces layoffs, saying they are “not an AI optimization or cost cutting exercise”, and plans to cut the number of countries it operates in (www.bloomberg.com)
2026-5-12 AI Layoffs

Musk v. Altman: Ilya Sutskever testifies that his OpenAI stake is worth ~$7B and he had concerns about Altman for a year before Altman's brief ouster as CEO (www.bloomberg.com)
2026-5-12

Cowboy Space, led by Robinhood co-founder Baiju Bhatt to build data centers in orbit, raised a $275M Series B led by Index Ventures at a $2B valuation (www.bloomberg.com)
2026-5-12

Sources: Masayoshi Son has held talks with French President Emmanuel Macron about unveiling a multibillion-dollar AI data center project in the coming weeks (www.bloomberg.com)
2026-5-11 France AI

SEC filing: Cerebras upsizes its IPO to 30M shares at $150-$160 each, up from 28M shares at $115-$125, aiming to raise up to $4.8B at an up to $34.4B valuation (www.bloomberg.com)
2026-5-11 IPO

Filing: Wise plans to debut on the Nasdaq as WSE, and relist in London for its secondary listing; Wise reports year-to-March net revenue up 19% YoY to $2.5B (www.bloomberg.com)
2026-5-11 London

Turkish mobile gaming startup Grand Games raised a $70M Series B led by Balderton Capital, after raising $30M in 2025, taking its total funding to $103M (www.bloomberg.com)
2026-5-11 Mobile Startup

SoftBank partners with South Korea's Cosmos Lab and DeltaX to mass produce next-gen data center batteries in Japan at the scale of one GWh per year in FY 2027 (www.bloomberg.com)
2026-5-11 Japan Korea

Sources: Digital Asset, which builds Canton Network, a public blockchain with privacy features, is raising a ~$300M round led by a16z crypto at a ~$2B valuation (www.bloomberg.com)
2026-5-11 Blockchain Asset

Microsoft and G42's $1B geothermal-powered data center in Kenya stalls after the government couldn't provide annual payment guarantees that Microsoft requested (www.bloomberg.com)
2026-5-11 Microsoft

Sources: Apple is working on a “slight redesign” for macOS 27 to address Liquid Glass issues, plans a feature to automatically group Safari tabs in “27” OSes (www.bloomberg.com)
2026-5-11 Apple

Experian says 40% of the 5,000 data breaches it serviced in 2025 were AI-powered, and predicts agentic AI will be the leading cause of data breaches in 2026 (www.bloomberg.com)
2026-5-10 AI

NetBlocks: Iran's 70+ day internet blackout is “the longest recorded national internet shutdown in a connected society”, as businesses warn of layoffs, closures (www.bloomberg.com)
2026-5-10 Layoffs Iran

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