Articles from www.bloomberg.com

Articles from www.bloomberg.com

Crypto miner Hut 8 signs a lease worth $9.8B+ over 15 years to provide computing power to a “high-investment-grade company” at its Nueces County, Texas campus (www.bloomberg.com)
6 days ago Texas

Document: SpaceX proposes a $55B investment to build a Terafab chip facility in Grimes County, Texas, with potential total capital expenditures reaching $119B (www.bloomberg.com)
6 days ago SpaceX Texas

Sources: Denver-based, Blue Owl Capital-owned Stack Infrastructure is considering selling all or some of its Asia data center operations in an up to $30B deal (www.bloomberg.com)
6 days ago Asia

Infineon expects data center revenue to grow from €1.5B in FY2026 to €2.5B in FY2027, as it and EU peers STMicro and NXP benefit from AI infrastructure demand (www.bloomberg.com)
6 days ago AI

Samsung reaches a $1T valuation, making it only the second Asian company after TSMC to hit the mark, after its stock rose 4x+ over the past year on the AI boom (www.bloomberg.com)
7 days ago Samsung AI

Sources: Alphabet sold its biggest-ever euro-denominated bonds, raising €9B, and its first Canadian dollar notes, raising CA$8.5B, months after raising $20B (www.bloomberg.com)
7 days ago Canada Alphabet

Match Group reports Q1 revenue up 4% YoY to $864M, vs. $855M est., as Tinder's new user registrations grew for the first time since 2024, up 1% (www.bloomberg.com)
7 days ago

Musk v. Altman: Greg Brockman testified about tense negotiations with Musk in 2017, saying “he knows rockets, he knows electric cars” but “does not know AI” (www.bloomberg.com)
7 days ago AI

Musk v. Altman: on his second day of testimony, Greg Brockman said that OpenAI expects to spend $50B on computing in 2026, up from $30M in 2017 (www.bloomberg.com)
7 days ago

Sources: Apple plans to let users choose from multiple third-party AI models to perform tasks like generating and editing text and images in iOS 27 (www.bloomberg.com)
7 days ago IOS AI Apple

Sources: Apple held exploratory talks with Intel and Apple executives visited a Samsung plant in Texas to explore producing core chips for its devices in the US (www.bloomberg.com)
7 days ago Intel Samsung Apple Texas

Sao Paulo-based Enter, which uses AI to handle litigation for companies like Airbnb, raised $100M led by Founders Fund at a $1.2B valuation (www.bloomberg.com)
7 days ago AI Airbnb

Anthropic unveils 10 new AI agents for the financial sector, including for drafting pitch decks, reviewing financial statements, and escalating compliance cases (www.bloomberg.com)
7 days ago AI

The US Commerce Department's CAISI says Google, Microsoft, and xAI join OpenAI and Anthropic in granting early access to evaluate models prior to public release (www.bloomberg.com)
7 days ago Google Microsoft

Shopify reports Q1 revenue up 34% YoY to $3.2B, above est., GMV up 34% YoY to $100B, and forecasts weaker Q2 revenue growth; SHOP falls 11%+ pre-market (www.bloomberg.com)
7 days ago Shopify

Zyg, an AI startup by ironSource's founders to automate business functions, raised $60M led by Accel at a $500M valuation, two months after exiting stealth (www.bloomberg.com)
7 days ago Startup AI

Crypto exchange Bullish agrees to acquire Equiniti, a UK-based financial services outsourcing business, from Siris Capital in a $4.2B deal, set to close in 2027 (www.bloomberg.com)
7 days ago

PayPal reports Q1 net revenue up 7% YoY to $8.4B, total payment volume up 11% YoY to $464B, active accounts up 1% to 439M, and seeks $1.5B+ in cost savings (www.bloomberg.com)
7 days ago

Nscale agrees to spend €695M on infrastructure in Portugal in an expansion of its Microsoft partnership, supplying 66K+ Nvidia Rubin GPUs from late 2027 (www.bloomberg.com)
7 days ago Microsoft Nvidia Portugal

Nearly 20 US state-run health insurance exchanges include ad trackers that send user data like race and citizenship info to Meta, TikTok, Google, and others (www.bloomberg.com)
7 days ago Google Insurance

How Europe is falling behind in the global crypto race, as delays to the ECB's digital euro leave the bloc exposed to US-led stablecoin dominance (www.bloomberg.com)
7 days ago Europe

Sources: Apple held exploratory talks with Intel and its executives visited a Samsung plant in Texas to explore producing core chips for its devices in the US (www.bloomberg.com)
7 days ago Intel Samsung Apple Texas

Grab reports Q1 revenue up 24% YoY to $955M, above est., and a $154M adjusted EBITDA, vs. $146.3M est., helped by resilient demand for ride hailing and delivery (www.bloomberg.com)
8 days ago

Musk v. Altman: Greg Brockman testifies that his OpenAI stake is now worth ~$30B; a Musk attorney asks why he hasn't donated $29B to OpenAI's nonprofit arm (www.bloomberg.com)
8 days ago

Elon Musk agrees to pay $1.5M to settle SEC allegations that he cheated Twitter shareholders in 2022 by failing to disclose the 5%+ stake he had in the company (www.bloomberg.com)
8 days ago Twitter Elon Musk

Sources: Apple prepares a “Create a Pass” feature for iOS 27, which lets users take a QR code and generate a custom pass around it for concerts and other venues (www.bloomberg.com)
8 days ago IOS Apple

Filing: Blackstone's data center acquisition vehicle seeks to raise as much as $1.75B in its IPO, and will target newly built data centers valued at $250M-$1.5B (www.bloomberg.com)
8 days ago IPO

Nearly 20 US state-run health insurance exchanges include ad trackers that send user data like race and citizenship info to companies like Meta, TikTok, Google (www.bloomberg.com)
8 days ago Google Insurance

Katie Haun raises $1B for two funds split between early and later-stage investments, looking at startups blending financial services, AI, and alternative assets (www.bloomberg.com)
8 days ago Startup AI Asset

eBay's stock jumps 6%+ to ~$111, below GameStop's $125/share acquisition offer, in a sign investors see hurdles to completing a deal; GameStop's stock drops ~4% (www.bloomberg.com)
8 days ago eBay

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