Articles from www.bloomberg.com

Articles from www.bloomberg.com

Meta Ray-Ban Display review: good for some uses like navigation and AI queries, the neural band is great, but the display's not sharp and camera is just 1080p (www.bloomberg.com)
16 days ago AI Ban

At a three-day Intel event in Arizona, executives repeatedly asserted that 18A is the most advanced chip production tech developed and deployed in the US (www.bloomberg.com)
16 days ago Intel

Google Cloud launches Gemini Enterprise, designed to help employees automate tasks and generate content across departments, priced at $30 per user per month (www.bloomberg.com)
16 days ago Google

Toronto-based Spellbook, whose AI helps with legal contracts, raised $50M led by Khosla Ventures at a $350M valuation and says it has ~4,000 customers (www.bloomberg.com)
16 days ago AI Toronto

SoftBank-owned PayPay takes a 40% stake in Binance Japan for an undisclosed sum, to capitalize on Japan's crypto boom; PayPay filed for a US IPO in August (www.bloomberg.com)
17 days ago Japan IPO

ASML names Marco Pieters as its new CTO, replacing Martin van den Brink who left in 2024; Pieters was most recently EVP of ASML's Applications business (www.bloomberg.com)
17 days ago

A look at ASML's planned 100-hectare expansion project in Eindhoven, set to create 20,000 jobs and that is focused on expanding production of its EUV machines (www.bloomberg.com)
17 days ago

Berlin-based n8n, which lets businesses automate repetitive computing tasks through AI agents, raised $180M led by Accel at a $2.5B valuation (www.bloomberg.com)
17 days ago Germany AI

Sources: US Commerce Department's BIS approves several billion dollars' worth of Nvidia chip exports to the UAE, an early step in a May 2025 bilateral AI deal (www.bloomberg.com)
17 days ago AI Nvidia

Netflix is making its video games available on smart TVs and streaming devices like Roku for the first time, with phones serving as controllers (www.bloomberg.com)
17 days ago Netflix

Sources: the US DHS has reassigned hundreds of CISA staffers to jobs that support deportations, including at ICE, and said it would dismiss anyone who refused (www.bloomberg.com)
17 days ago

David AI, which sells audio data sets for AI training, raised a $50M Series B, sources say at a $500M valuation, up from ~$100M from its $25M Series A in May (www.bloomberg.com)
17 days ago AI

Cisco unveils the Silicon One P200 chip and 8223 routing systems, saying they allow for faster data transfers across long optic cables, to compete with Broadcom (www.bloomberg.com)
17 days ago Cisco

Sources: xAI nears a deal to raise $20B in equity and debt, tied to the Nvidia GPUs that xAI plans to rent for Colossus 2, with Nvidia investing as much as $2B (www.bloomberg.com)
17 days ago Nvidia Equity

Russian-speaking ransomware gang Qilin says it was responsible for an attack on Japan's Asahi and stole ~27GB of data, including financial docs and contracts (www.bloomberg.com)
18 days ago Russia Japan

US House lawmakers release a report criticizing ASML, Tokyo Electron, and other equipment makers for helping build China's chip industry; ASML fell more than 7% (www.bloomberg.com)
18 days ago China Tokyo

The recent wave of circular deals and partnerships involving Nvidia and OpenAI is escalating concerns that they are artificially propping up the $1T AI market (www.bloomberg.com)
18 days ago AI Nvidia

Sources: $TRUMP issuer, Fight Fight Fight LLC, is working to raise at least $200M to create a digital asset treasury company to accumulate the struggling token (www.bloomberg.com)
18 days ago Trump Asset

Sources: xAI nears a deal to raise $20B in equity and debt, tied to the Nvidia GPUs that xAI plans to use in Colossus 2; Nvidia is investing as much as $2B (www.bloomberg.com)
18 days ago Nvidia Equity

Michel Devoret, a Google Quantum AI chief scientist, John Martinis, who left Google in 2020, and John Clarke win the Nobel in Physics for quantum computing work (www.bloomberg.com)
18 days ago Google AI Quantum Nobel

A look at the OpenAI-AMD partnership, which added ~$78B to AMD's market cap and shows OpenAI is good at deals; last week, OpenAI deals boosted SHOP and ETSY (www.bloomberg.com)
18 days ago AMD

JPMorgan Chase reports that $1.2T of debt is now tied to AI-related companies, making it the largest segment in the investment-grade market (www.bloomberg.com)
18 days ago AI JPMorgan

Meanwhile, a Bermuda-regulated bitcoin life insurance provider, raised $82M from Apollo, Bain Capital, Haun Ventures, and others, after a $40M Series A in April (www.bloomberg.com)
18 days ago Bitcoin Insurance

A look at the OpenAI-AMD partnership, which added ~$78B to AMD's market cap and shows OpenAI is good at deals; OpenAI deals also boosted Shopify and Etsy stocks (www.bloomberg.com)
19 days ago AMD Shopify

Jaguar Land Rover plans to resume some UK production after a cyberattack in August; an analyst says the hack wiped out £5M in daily profit and delayed 30K+ cars (www.bloomberg.com)
19 days ago

Sources: the SEC has been probing AppLovin over allegations that it violated platform partners' agreements to push more targeted ads to consumers; APP drops 14% (www.bloomberg.com)
19 days ago

OpenAI unveils a new ChatGPT feature that lets users connect to third-party apps like Spotify and Zillow directly within the chatbot (www.bloomberg.com)
19 days ago chatbot Spotify

Verizon names Dan Schulman as CEO, replacing Hans Vestberg effective immediately; Schulman was PayPal CEO, and Vestberg will help manage the transition (www.bloomberg.com)
19 days ago

The Paris prosecutor's office refers a probe into Apple's Siri recordings to the Office for Combating Cybercrime, after a human rights organization's complaint (www.bloomberg.com)
19 days ago Apple Paris

Asahi restarted production at six Japanese breweries on October 2 after a cyberattack forced it to halt production and shipments for days, and is investigating (www.bloomberg.com)
20 days ago Japan

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