Articles from www.bloomberg.com

Articles from www.bloomberg.com

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)
16 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)
16 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)
16 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)
16 days ago Amazon

Chinese officials said they will take “all necessary measures” to protect Chinese AI models from US sanctions stemming from allegations of training on US models (www.bloomberg.com)
16 days ago China AI

Sources: Apple may have delayed AI glasses launch partly over privacy concerns that Meta's glasses created for the category, as it works to address the issues (www.bloomberg.com)
16 days ago AI Apple

CXMT is poised for a debut pop that could lift its market cap several times above its initial ~$85B after raising $9.8B in a hugely oversubscribed Shanghai IPO (www.bloomberg.com)
17 days ago IPO Shanghai

Sources: DeepSeek told investors it is suspending its second funding round after remarks attributed to Liang Wenfeng on US-China AI competition went viral (www.bloomberg.com)
17 days ago China AI

SK Group Chair Chey Tae Won says Anthropic has asked SK Hynix for supplies to make its own chips, calling it remarkable that an AI developer has chip ambitions (www.bloomberg.com)
17 days ago AI

As student protests spread across India, Narendra Modi turns to Reels, swapping his trademark cinematic videos for self-recorded messages aimed at Gen Z (www.bloomberg.com)
17 days ago India

Samsung announces a $200B+ contract to make chips for Broadcom through 2030, focusing on its 2nm and below process technologies for Broadcom's products (www.bloomberg.com)
17 days ago Samsung

Nvidia plans to invest $1B in Naver to help finance an AI data center in South Korea, and partners with SK Group to build more than 2 GW of AI data centers (www.bloomberg.com)
18 days ago Korea AI Nvidia

Letter: Qualcomm tells customers it plans to raise prices by double digit percentage points, after exhausting its ability to absorb higher costs from suppliers (www.bloomberg.com)
18 days ago

Midjourney bought astrology app Co-Star, which uses AI to offer personalized advice, in the spring and is building its first standalone image-generation app (www.bloomberg.com)
18 days ago AI

Sources: SpaceX started turning away satellite operators seeking dedicated Falcon 9 rides beyond 2028, and stopped building some non-reusable Falcon components (www.bloomberg.com)
19 days ago SpaceX

Google says it has $811B in contracted future spending commitments as of June, up ~$500B from March, covering chips, data centers, electricity, and more (www.bloomberg.com)
19 days ago Google

Sources: AI robotics startup Genesis AI is in talks to raise around $500M in a new funding round at a $3B pre-money valuation (www.bloomberg.com)
19 days ago Startup AI Robot

Nvidia signs a $1.5B accord with Amkor, involving a prepayment by Nvidia to help bolster Amkor's chip packaging facility in Arizona; AMKR jumps 16%+ after hours (www.bloomberg.com)
19 days ago Nvidia

Filing: the value of Alphabet's investments in unidentified private companies was ~$124.3B as of June 30, source says driven primarily by its Anthropic stake (www.bloomberg.com)
19 days ago Alphabet

Germany's Black Forest Labs launches Flux 3 and Flux-mimic, its first models for robotics, as it expands from generative AI into physical AI (www.bloomberg.com)
19 days ago Germany AI Robot

Microsoft replaces OpenAI's image-generating models with its MAI models in its products; Mustafa Suleyman says MAI models are ~85% cheaper to run in PowerPoint (www.bloomberg.com)
19 days ago Microsoft

Sources: three OpenAI models breached Hugging Face's internal systems in a matter of hours, an attack that would have taken a talented hacker a couple of weeks (www.bloomberg.com)
19 days ago Hacker

Filing: Alphabet holds $94.1B in SpaceX equity post-IPO; $80B are under short-term sale restrictions, while $14.1B remain long-term restricted until Q3 2027 (www.bloomberg.com)
19 days ago IPO Equity Alphabet SpaceX

STMicro forecasts Q3 revenue up ~16% YoY to $3.7B, below $3.79B est., and expects AI sales to pass $1B in 2026 and be “well above $2B” in 2027; STM falls 14%+ (www.bloomberg.com)
19 days ago AI

Sources: China resumes issuing robotaxi permits after an industry-wide full safety review prompted by an April outage involving 100+ Baidu robotaxis in Wuhan (www.bloomberg.com)
19 days ago China

Sources: OpenAI models breached Hugging Face's internal systems in a matter of hours, a feat that would typically have taken a talented hacker a couple of weeks (www.bloomberg.com)
20 days ago Hacker

Sources: Shanghai-listed chip test instruments maker Semight, whose stock is up ~2,200% since its April debut, is considering a secondary listing in Hong Kong (www.bloomberg.com)
20 days ago Hong Kong Shanghai

Sources detail how Commerce Secretary Howard Lutnick and crypto adviser Bo Hines worked to shape the GENIUS Act and loosen safeguards to benefit Tether (www.bloomberg.com)
20 days ago

Google projects full-year capex will be $195B to $205B in 2026, after saying in April that it will spend as much as $190B; its Q2 capex hit $44.92B, up 100% YoY (www.bloomberg.com)
20 days ago Google

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