Articles from www.bloomberg.com

Articles from www.bloomberg.com

Sources: Apple is plotting its AI comeback with robots, a lifelike version of Siri, a smart speaker with a display, and home security cameras (www.bloomberg.com)
2025-8-14 AI Apple Robot

Bullish shares jump 143% to $90 in the company's NYSE debut, up from the IPO price of $37; sources say the IPO was more than 20 times oversubscribed (www.bloomberg.com)
2025-8-14 IPO

Chinese chip equipment supplier E-Town sues Applied Materials in the Beijing IP Court over alleged trade secret theft; Applied Materials hired two E-Town staff (www.bloomberg.com)
2025-8-14 China

Amazon says it now offers same-day grocery delivery in 1,000+ cities and plans to bring it to 2,300+ more by the end of 2025; Prime subscribers get it free (www.bloomberg.com)
2025-8-14 Amazon

Crypto exchange Bullish raised $1.1B in its IPO, selling 30M shares at $37 per share, above its $32 to $33 marketed range, implying a $5.4B valuation (www.bloomberg.com)
2025-8-13 IPO

Ukrainians are adapting critical yet fragile SpaceX equipment to withstand Russia's assault, spawning a cottage industry of backstreet workshops and technicians (www.bloomberg.com)
2025-8-13 Russia Ukraine SpaceX

Pony AI says it rolled out 200+ Gen-7 Robotaxis since mass production started two months ago, putting it on track for its 1,000-vehicle goal by the end of 2025 (www.bloomberg.com)
2025-8-13 AI

A US federal judge rules Elon Musk must face OpenAI's claims that his legal and media attacks are a “years-long harassment campaign” and sets a March 2026 trial (www.bloomberg.com)
2025-8-13 Elon Musk

Fractal Analytics, which became India's first AI unicorn in 2022, files for an IPO in Mumbai, aiming to raise ~$560M and valuing the company at $3.5B+ (www.bloomberg.com)
2025-8-13 India IPO AI

Malaysian startup Zetrix unveils NurAI, a chatbot for Muslims that it built using similar techniques to DeepSeek's V3, and plans AI avatars of Islamic scholars (www.bloomberg.com)
2025-8-13 Startup AI chatbot Malaysia Islam

Fractal Analytics, which became India's first AI unicorn in 2022, files for an IPO in Mumbai to raise about $560M, and could value the company at over $3.5B (www.bloomberg.com)
2025-8-13 India IPO AI

CoreWeave Q2: revenue up 207% YoY to $1.21B, vs. $1.08B est., adjusted net loss of $130.8M, vs. $96.3M est., up from $5M in Q2 2024; CRWV drops 8%+ after hours (www.bloomberg.com)
2025-8-13

In US court, Terraform Labs co-founder Do Kwon says he will plead guilty to charges of conspiracy and wire fraud under an agreement with prosecutors (www.bloomberg.com)
2025-8-13 Conspiracy

Indian entrepreneur Bhavin Turakhia partners with GoDaddy to offer enterprises his email service Titan, which costs $2+ per month, aiming for 10M+ users by 2029 (www.bloomberg.com)
2025-8-12 India Entrepreneur

Sea reports Q2 revenue up 38% YoY to $5.26B, vs. $5B est., a $414M net income, vs. $444M est., Shopee revenue up 34% YoY to $3.8B, driven by commissions and ads (www.bloomberg.com)
2025-8-12

Sources: Chinese authorities urge local companies to avoid using less advanced chips, particularly Nvidia's H20, for government or national security work (www.bloomberg.com)
2025-8-12 China Nvidia

Trump says he met with Lip-Bu Tan and that the Intel CEO will continue talks with his Cabinet members in the coming days, after calling for his resignation (www.bloomberg.com)
2025-8-12 Trump Intel

SEC filing: crypto exchange Bullish increased the size and price of its US IPO to sell 30M shares for $32 to $33 each, up from 20.3M shares for $28 to $31 each (www.bloomberg.com)
2025-8-12 IPO

Revel plans to wind down rideshare operations in its home city of New York after four years, pivoting to an EV-charging business that counts Uber as a partner (www.bloomberg.com)
2025-8-12 Uber New York

Sources: GM plans a renewed push on driverless cars, focused on personal use rather than a robotaxi service, and is trying to bring back some ex-Cruise workers (www.bloomberg.com)
2025-8-12 Autonomous Car

Trade experts: Nvidia and AMD's deal to export AI chips to China and pay the US 15% of revenue is “unprecedented” and a sign of “a new and dangerous world” (www.bloomberg.com)
2025-8-11 China AI Nvidia AMD

Malaysian startup Zetrix unveils NurAI, a chatbot for Muslims built using similar techniques to DeepSeek's V3, and plans AI avatars of Islamic scholars (www.bloomberg.com)
2025-8-11 Startup AI chatbot Malaysia Islam

Sea's Shopee is nearing a $100B market cap after its stock surged 300%+ since early 2024, driven by its in-house, community-based logistics network SPX Express (www.bloomberg.com)
2025-8-11 Logistics

Wondery's restructure suggests the end of the “Serial” podcasting era and the start of a new one, marked by investment tied to video and the creator economy (www.bloomberg.com)
2025-8-11

Bo Hines, the head of the White House Presidential Council of Advisers for Digital Assets, says he is stepping down and returning to the private sector (www.bloomberg.com)
2025-8-11 Asset

Sources: Apple is testing upgraded App Intents with Uber, Temu, Amazon, YouTube, WhatsApp, and other apps to transform Siri into a true voice-first interface (www.bloomberg.com)
2025-8-11 Amazon Uber Apple YouTube WhatsApp

Investors are increasingly divesting from companies they fear are at risk of AI disruption, like Wix and Shutterstock, which are down at least 30% in 2025 (www.bloomberg.com)
2025-8-10 AI

AI startups like Anthropic and OpenAI are ramping up efforts to recruit quant researchers from Wall Street firms, offering competitive pay and benefits (www.bloomberg.com)
2025-8-10 Startup AI Wall Street

US nuclear, geothermal, and energy storage companies have found a lifeline in the AI data center boom after years of challenges such as high interest rates (www.bloomberg.com)
2025-8-10 Energy AI Interest Rate

Despite stablecoins reaching $5T in transaction volumes in 2025, their promise of cheaper cross-border payments is hampered by persistent foreign exchange costs (www.bloomberg.com)
2025-8-9

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