Articles from www.bloomberg.com

Articles from www.bloomberg.com

Hyundai unveils Pleos Connect, a next-generation infotainment system with Gleo AI voice assistant, debuting in May on the new Grandeur sedan in South Korea (www.bloomberg.com)
12 days ago Korea AI

OpenAI says it has signed contracts for 10GW of US AI compute capacity, with 3GW+ added in the past 90 days, hitting a goal it once aimed to reach by 2029 (www.bloomberg.com)
13 days ago AI

Massachusetts-based brain implant company Axoft raised a $55M Series A and says it tested its device in a Shanghai patient, with plans for more trials in China (www.bloomberg.com)
13 days ago China Shanghai

Sources: Anthropic has begun weighing a new funding round at a $900B+ valuation, after previously resisting investor proposals at an $800B+ valuation (www.bloomberg.com)
13 days ago

Meta raises its 2026 capex to between $125B and $145B, exceeding analysts' estimates, after previously forecasting $115B to $135B; META drops 6%+ after hours (www.bloomberg.com)
13 days ago

Qualcomm reports Q2 revenue down 3% YoY to $10.6B and says a top hyperscaler is on track to begin using its chips later this year; QCOM jumps 7%+ after hours (www.bloomberg.com)
13 days ago

Sources: Apple plans a new Siri camera mode in iOS 27 by moving Visual Intelligence, currently tied to the Camera Control button, into the camera app (www.bloomberg.com)
13 days ago IOS Apple Intelligence

Motorola unveils its 2026 foldables lineup, including its first book-style model, which costs $1,900; prices for clamshell models have gone up by up to $200 (www.bloomberg.com)
13 days ago

Uber partners with Expedia to launch a hotel booking integration in its app in the US, and plans to add Expedia's Vrbo brand later in 2026 (www.bloomberg.com)
13 days ago Uber

Crypto payments company MoonPay acquires Israeli crypto security startup Sodot, sources say in a $100M all-stock deal, to launch a unit focused on institutions (www.bloomberg.com)
13 days ago Israel Startup

Brookfield-backed Compass drops plans to develop 800+ acres in Virginia's 2,100-acre Digital Gateway data center corridor, sources say due to local opposition (www.bloomberg.com)
13 days ago Virginia

Rogo, which uses AI to help lighten junior bankers' workloads, raised a $160M Series D led by Kleiner Perkins at a $2B valuation, up from $750M in January (www.bloomberg.com)
13 days ago AI

Mayo Clinic researchers detail an AI system called Redmod that identified pancreatic cancer on routine CT scans an average of 475 days before clinical diagnosis (www.bloomberg.com)
13 days ago AI

Chinese regulators killed the Manus template by blocking Meta's $2B takeover in a 54-character decree, creating an uncertain era for China's growing AI industry (www.bloomberg.com)
13 days ago China AI

Indonesia sentences eFishery founder Gibran Huzaifah to nine years in prison, concluding a $300M scandal that destroyed one of Southeast Asia's top startups (www.bloomberg.com)
13 days ago Asia Startup Indonesia Southeast Asia

Samsung's Lee family dynasty reached a combined ~$45.5B net worth in March, up from ~$20.1B in 2025, amid the AI boom; they are now Asia's third-richest family (www.bloomberg.com)
13 days ago Samsung Asia AI

Knight Frank: Anthropic, OpenAI, and other AI companies have leased 1M+ square feet of London office space since the start of 2025, or ~7% of all lettings (www.bloomberg.com)
13 days ago AI London

The European Commission issues preliminary DSA findings against Meta, saying Instagram and Facebook fail to prevent under-13 users from accessing the services (www.bloomberg.com)
13 days ago Europe Facebook Instagram

Sources: China suspends issuing new Level 4 autonomous vehicle licenses, after over 100 of Baidu's Apollo Go robotaxis disrupted traffic in Wuhan last month (www.bloomberg.com)
13 days ago China Autonomous Car

A US judge denied Sam Bankman-Fried's request for a new trial based on what SBF called new evidence; SBF tried to withdraw his request, but the judge refused (www.bloomberg.com)
14 days ago

NXP reports Q1 revenue up 12% YoY to $3.18B, vs. $3.15B est., and forecasts Q2 revenue above estimates; NXPI jumps 13%+ after hours (www.bloomberg.com)
14 days ago

Musk v. Altman: Musk testifies he's suing OpenAI because “it is not okay to steal a charity” and its pivot sets a concerning precedent for philanthropic efforts (www.bloomberg.com)
14 days ago

Sources: Apple plans an AI overhaul for photo editing in iOS 27, including using on-device AI models to extend, enhance, and reframe photos (www.bloomberg.com)
14 days ago IOS AI Apple

Sources: Google dropped out of a $100M Pentagon challenge to create tech for voice-controlled, autonomous drone swarms, following an internal ethics review (www.bloomberg.com)
14 days ago Google Drone Pentagon

AWS launches Amazon Connect Decisions and Amazon Connect Talent, which are AI agentic tools aimed at logistics workers and recruiters (www.bloomberg.com)
14 days ago Amazon AI Logistics

Musk v. Altman: the judge asks Elon Musk and Sam Altman to “control your propensity to use social media to make things worse”, as opening statements begin (www.bloomberg.com)
14 days ago Elon Musk

Foxconn Industrial Internet, which sells AI servers, reports Q1 revenue up 57% YoY to ~$37B, below $44.5B est., and a record ~$1.5B net income, below $1.8B est. (www.bloomberg.com)
14 days ago AI

OpenAI describes a report that it has missed internal goals as “prime clickbait” and says its consumer and enterprise businesses are “firing on all cylinders” (www.bloomberg.com)
14 days ago

Sources: Polymarket has discussed lifting the prohibition on US-based customers with the CFTC, as it seeks to bring its main exchange back to the US (www.bloomberg.com)
14 days ago CFTC

Sources: at least two China-based funds that back leading AI companies have used parallel fund structures to fundraise from US investors in recent months (www.bloomberg.com)
14 days ago China AI

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