Articles from www.bloomberg.com

Articles from www.bloomberg.com

OpenAI's nonprofit foundation announces it's awarding $40.5M in grants this year to 208 nonprofits across the US; the nonprofit donated only $7.5M in 2024 (www.bloomberg.com)
11 days ago

OpenAI agrees to buy Poland-based Neptune, which makes tools for analyzing progress during AI model training; the transaction will be in stock (www.bloomberg.com)
11 days ago AI Poland

TikTok plans to invest $37.7B+ to build a data center in Brazil's port of Pecém, partnering with Omnia and Casa dos Ventos, its first Latin American project (www.bloomberg.com)
11 days ago U.S. Brazil Latin America

Uber partners with Avride to launch robotaxi rides in Dallas, marking Uber's fourth US city to offer autonomous ride options after Phoenix, Austin, and Atlanta (www.bloomberg.com)
11 days ago Uber

Some YouTube creators are using AI video tools to make content for kids and babies, causing concern that their brains are being shaped by AI-generated videos (www.bloomberg.com)
11 days ago AI YouTube

YouTube says it will comply with Australia's social media ban for under-16s, after rejecting its inclusion in the crackdown and calling the regulation “rushed” (www.bloomberg.com)
12 days ago Australia YouTube Ban

After a backlash, India says its pre-installed cybersecurity app is optional for users, who “have complete freedom to activate, or delete the app at any time” (www.bloomberg.com)
12 days ago India

Check Point is raising $1.5B from the sale of a five-year zero-coupon convertible bond; proceeds will go toward buying back as much as $225M of stock (www.bloomberg.com)
12 days ago

Adobe: US shoppers spent $14.25B online during Cyber Monday, up 7.1% YoY, compared with a 9.1% rise on Black Friday; five-day spending rose 7.7% YoY to $44.2B (www.bloomberg.com)
12 days ago Adobe Black Friday

Vista Equity-backed infrastructure software company LogicMonitor acquires Catchpoint, which monitors user experiences across the internet, for $250M+ in cash (www.bloomberg.com)
12 days ago Equity

Taiwanese prosecutors charge Tokyo Electron for failing to prevent staff from allegedly stealing TSMC trade secrets, indicting the company on several counts (www.bloomberg.com)
12 days ago Taiwan Tokyo

Paris-based AI voice startup Gradium, spun out of the nonprofit AI lab Kyutai, raised $70M led by FirstMark and Eurazeo, after launching in September (www.bloomberg.com)
12 days ago Startup AI Paris

Just Eat founder Jitse Groen plans to step down as CEO effective January 1, replaced by Prosus Europe head Roberto Gandolfo; Groen founded Takeaway.com in 2000 (www.bloomberg.com)
12 days ago Europe

Vanguard will allow ETFs and mutual funds that primarily hold cryptocurrencies to be traded on its platform starting Tuesday, reversing a longstanding position (www.bloomberg.com)
13 days ago ETF

DeepSeek releases DeepSeek-V3.2 and DeepSeek-V3.2-Speciale, which it calls “reasoning-first models built for agents”, after releasing V3.2-Exp in September (www.bloomberg.com)
13 days ago

Nevis, which develops AI agents to automate wealth advisers' grunt work, raised a $35M Series A from Sequoia and others at a $200M valuation, after a $5M seed (www.bloomberg.com)
13 days ago AI

DeepSeek releases DeepSeek-V3.2 and DeepSeek-V3.2-Speciale, calling them “reasoning-first models built for agents”, after releasing V3.2-Exp in September (www.bloomberg.com)
13 days ago

South Korean authorities are investigating a data leak at e-commerce giant Coupang that exposed ~33.7M accounts; the country has a population of 51.7M (www.bloomberg.com)
14 days ago Korea

A look at ChatGPT's impact on US stocks three years after its release: AI mania revived Big Tech, making an already concentrated S&P 500 even more top heavy (www.bloomberg.com)
15 days ago AI

MediaTek's stock posted its best week since 2002, up 22%, amid enthusiasm over Google's Gemini 3 and chip deals; MediaTek was reported as Google's TPU partner (www.bloomberg.com)
16 days ago Google

Sources: Temasek is in talks to buy a ~5% stake in Quest Global, in a deal that values the engineering services company at $4.6B in the lead-up to its India IPO (www.bloomberg.com)
16 days ago India IPO

Meituan reports Q3 revenue up 2% to $13.4B and a $2.3B adjusted net loss, worse than $1.9B est., its first loss since 2022, amid a price war with JD and Alibaba (www.bloomberg.com)
16 days ago Alibaba

Nexperia warns customers face impending production halts and urges its Chinese unit to reengage, says it hadn't got “any meaningful response” despite outreach (www.bloomberg.com)
16 days ago China

China's top economic planning agency warns about the risk of a bubble forming in the booming humanoid robotics industry; 150+ manufacturers operate in China (www.bloomberg.com)
17 days ago China Robot

How Motorola, which spun out its struggling smartphone business in 2011, successfully refocused on critical communication equipment, giving it a $60B market cap (www.bloomberg.com)
17 days ago

Germany-based Quantum Systems, which sells surveillance drones that are being used by Ukraine, raised €180M, tripling its valuation to €3B since May (www.bloomberg.com)
17 days ago Germany Drone Ukraine Quantum

Reliance, Brookfield, and Digital Realty's joint venture Digital Connexion plans to invest $11B by 2030 to build a 1 GW data center in India's Visakhapatnam (www.bloomberg.com)
17 days ago India

Taiwanese prosecutors search Intel exec Lo Wen-jen's homes days after TSMC alleged he leaked sensitive info, suggesting the government is deepening its probe (www.bloomberg.com)
17 days ago Taiwan Intel

Alibaba starts selling Quark S1, its first smart glasses powered by its Qwen AI models, for ~$537 in China, and plans to release international versions in 2026 (www.bloomberg.com)
17 days ago China Alibaba AI

South Korean crypto exchange Upbit suspended deposits and withdrawals after saying $37M worth of Solana tokens were moved to an unauthorized external wallet (www.bloomberg.com)
17 days ago Korea

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