Articles from www.bloomberg.com

Articles from www.bloomberg.com

K2 Space, which builds satellites for tasks like data-heavy communications and may power space-based data centers, raised a $500M Series D at a $6.8B valuation (www.bloomberg.com)
12 days ago

London-based Nscale agrees to acquire Anyscale, a source says for ~$1.65B; Anyscale, which helps AI workloads run more efficiently, had a $1B+ valuation in 2022 (www.bloomberg.com)
12 days ago AI London

Filing: Meta reports $279B in future lease agreements in Q2 related to AI data centers that are not reflected on its balance sheet, up 53% from the prior period (www.bloomberg.com)
12 days ago AI

Disney CEO Josh D'Amaro is leading a technological overhaul of Disney+ to close the gap with Netflix and YouTube, including new features like vertical videos (www.bloomberg.com)
12 days ago YouTube Netflix

ExploitGym creator and Berkeley researcher Jingxuan He says other AI models have tried to cheat but OpenAI's “was at a much larger scale than we'd encountered” (www.bloomberg.com)
12 days ago AI

Innolight, China's leading maker of optical transceivers, closes 2% below its Hong Kong IPO price after raising ~$6.8B, the city's biggest listing since 2019 (www.bloomberg.com)
12 days ago China Hong Kong IPO

China's AI hubs, including CXMT's home Hefei, are driving the country's GDP growth, but even in these boomtowns, little of the windfall is reaching households (www.bloomberg.com)
12 days ago China AI GDP

Airlines are using AI to adjust seat prices more quickly, capturing more revenue while narrowing the pricing gaps that once let travelers find bargain fares (www.bloomberg.com)
12 days ago AI

Source: the European Commission plans to designate OpenAI's ChatGPT and Roblox as “very large online platforms” under the DSA as soon as August (www.bloomberg.com)
13 days ago Europe

DoorDash says the FAA granted it Part 135 air carrier certification to operate a drone delivery service and it plans to launch drone deliveries in the fall (www.bloomberg.com)
13 days ago Drone

The UK CMA launches an investigation into Microsoft over potential consumer law breaches involving Microsoft 365 subscription renewals that added Copilot (www.bloomberg.com)
13 days ago Microsoft

Sources: Moonshot AI hit a $35B valuation after closing a $3.5B round, exceeding its initial target of $1B to $2B, and plans a Hong Kong IPO as soon as 2026 (www.bloomberg.com)
13 days ago Hong Kong IPO AI

A look at Kioxia, the Japanese memory chipmaker that went from being cash-strapped in 2023 to an expected 30-fold jump in operating income in Q1 FY 2026 (www.bloomberg.com)
14 days ago Japan

NXP reports Q2 revenue up 19% YoY to $3.5B, vs. $3.46B est., as it struggled to impress investors with a generally upbeat Q3 forecast; NXPI down 5%+ after hours (www.bloomberg.com)
14 days ago

Sources: OpenAI, Anthropic, and DeepMind staffers are sharing a letter asking the US government to “deliberately pace the frontier of automated AI development” (www.bloomberg.com)
14 days ago AI

Memo: Visa is cutting ~2,600 jobs, or ~7% of staff, primarily affecting tech and product teams; source: Visa plans to reinvest in stablecoin and other offerings (www.bloomberg.com)
14 days ago

The US National Vulnerabilities Database has recorded 45,207 software security flaws so far in 2026, on pace to roughly double the tally of flaws found in 2025 (www.bloomberg.com)
14 days ago Database

UK startup Dwelly, which buys real estate businesses and adds AI to handle maintenance, contracts, and other tasks, raised $95M in equity and $75M in debt (www.bloomberg.com)
14 days ago Startup AI Equity

Sources: Apple is preparing to launch a smart home hub with a 7" square display and facial recognition tech, a new Apple TV, and refreshed HomePod mini in 2026 (www.bloomberg.com)
14 days ago Apple Facial Recognition

ESA satellite images show damage to two Amazon data centers in Bahrain, supporting Iran's claims last week that it struck the sites; Amazon declined to comment (www.bloomberg.com)
14 days ago Amazon Iran

Sources: Taiwan detained an Nvidia employee as part of a probe into the alleged smuggling of AI chips into China, after searching his home and office on July 24 (www.bloomberg.com)
14 days ago China Taiwan AI Nvidia

At market open, Korean chipmakers' stocks plunged, with Samsung Electronics dropping 9%+, SK Hynix down 11%+, and the Korea Composite Stock Price Index down 8%+ (www.bloomberg.com)
15 days ago Korea Samsung

Several digital-asset treasury firms have pivoted to AI amid a slump in crypto prices, but their poor stock performance suggests the strategy is not working (www.bloomberg.com)
15 days ago AI Asset

French carrier Orange and infrastructure investor Morrison agree to create a data center platform in France targeting 400 MW, backed by a €3B investment program (www.bloomberg.com)
15 days ago France

The US National Vulnerabilities Database recorded 45,207 software security flaws so far in 2026, on pace to roughly double the tally of flaws recorded in 2025 (www.bloomberg.com)
15 days ago Database

Sources: Nvidia has committed to invest $5B in Ilya Sutskever's SSI; the startup has previously raised about $3B in funding and was valued at $32B last year (www.bloomberg.com)
15 days ago Startup Nvidia

Moonshot AI releases model weights for Kimi K3 under the “Kimi K3 License” (www.bloomberg.com)
15 days ago AI

ASML shares fall 7%+ after a report that a Chinese state-backed company has begun manufacturing DUV machines; Applied Materials fell 6.5%+ and Lam Research 7%+ (www.bloomberg.com)
15 days ago China Manufacturing

Antares, which is developing reactors with 1 MW of capacity for US military bases, raised $370M in equity and $100M in debt co-led by Paradigm and Caffeinated (www.bloomberg.com)
15 days ago Equity

How TikTok, Reels, and Amazon storefronts enabled microinfluencers with less than 100K followers to earn middle-class salaries via brand and affiliate deals (www.bloomberg.com)
15 days ago Amazon

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