Articles from www.bloomberg.com

Articles from www.bloomberg.com

Sources: Fei-Fei Li's World Labs is in discussions with investors to raise hundreds of millions at a valuation of $5B; World Labs was last valued at $1B in 2024 (www.bloomberg.com)
16 days ago

Apple accuses the European Commission of “political delay tactics”, as the EC seems to be preparing to blame Apple for the shutdown of the Setapp app store (www.bloomberg.com)
16 days ago Europe Apple

Analysis: the top US tech companies spent $109M on DC lobbying in 2025, topping $100M for the first time; Meta spent $26.29M, Amazon $17.78M, and Google $13.1M (www.bloomberg.com)
17 days ago Google Amazon

LiveKit, which offers tools for building voice, video, and physical AI models, including for ChatGPT's voice mode, raised a $100M Series C at a $1B valuation (www.bloomberg.com)
17 days ago AI

Sources: Apple expanded the job of hardware chief John Ternus to manage design teams at the end of 2025, solidifying his status as a leading CEO candidate (www.bloomberg.com)
17 days ago Apple

Inferact, founded by the creators of vLLM to create a commercial AI product for cross-hardware efficiency, raised a $150M seed led by a16z at an $800M valuation (www.bloomberg.com)
17 days ago AI

Mistral's CEO says claims that Chinese AI startups lag behind the US are a “fairy tale,” and China's open-source tech is “probably stressing” US CEOs (www.bloomberg.com)
17 days ago China Startup AI

Circana: the Switch 2 ended December and 2025 as the US' best-selling video game hardware, offsetting declines among rivals to lift overall hardware spend by 9% (www.bloomberg.com)
17 days ago

Austin-based Neurophos, which develops a photon-based “Optical Processing Unit” to replace GPUs in AI training, raised $110M led by Bill Gates' Gates Frontier (www.bloomberg.com)
17 days ago AI Bill Gates

How Google, Huawei, Microsoft, and Nvidia, as well as startups and university research teams, spent millions of dollars to develop AI weather forecasting tools (www.bloomberg.com)
17 days ago Google Microsoft Startup AI Nvidia

Filing: PhonePe reports H1 FY 2026 revenue up 22% YoY to ~$427.5M, a ~$157M loss, and 657.6M users; the payments company plans to sell 50.7M shares in its IPO (www.bloomberg.com)
17 days ago IPO

Sources: the US Senate's crypto market structure bill is likely to be delayed by several weeks as key lawmakers shift focus to potential housing legislation (www.bloomberg.com)
17 days ago Real Estate Senate

German exchange operator Deutsche Boerse agrees to acquire European fund distribution platform Allfunds for about $6.2B in cash and stock (www.bloomberg.com)
17 days ago Germany Europe

The US House Committee on Foreign Affairs approves a bipartisan bill that calls for arms-sale style congressional oversight of advanced AI chip exports (www.bloomberg.com)
17 days ago AI

BitGo raises $212.8M in its US IPO at $18 per share, above the marketed range of $15 to $17 per share, giving it a market value of about $2.1B (www.bloomberg.com)
17 days ago IPO

Marketing tech startup Applecart raised $100M in a minority funding round led by Blackstone's growth equity business, a source says at a ~$700M valuation (www.bloomberg.com)
17 days ago Startup Equity

Sources: Sam Altman has been meeting with top investors in the Middle East, looking to raise at least $50B for OpenAI at a valuation of about $750B to $830B (www.bloomberg.com)
18 days ago

Sources: AI chip startup SambaNova is seeking to raise $300M to $500M after talks to sell the company to Intel for about $1.6B, including debt, stalled (www.bloomberg.com)
18 days ago Intel Startup AI

Sources: Apple plans to revamp Siri this fall in iOS 27 and macOS 27 by turning it into the company's first AI chatbot, replacing the current Siri interface (www.bloomberg.com)
18 days ago IOS AI Apple chatbot

Sources: Anthropic's revenue run rate hit $9B+ at the end of 2025, up from $4B in July 2025; Iconiq, Lightspeed, and Menlo are set to join its new funding round (www.bloomberg.com)
18 days ago

Ubisoft cancels six games and delays others amid a restructuring into five genre-specific “creative houses”; it expects net bookings of ~€1.5B for FY 2025-2026 (www.bloomberg.com)
18 days ago

Sony launches the $230 LinkBuds Clip, open-style earbuds that sit outside the ear canal, with IPX4 water resistance and a 9 hour battery life, available now (www.bloomberg.com)
18 days ago Battery Sony

Upscale AI, which is building AI networking infrastructure, raised $200M led by Tiger, Premji Invest, and Xora Innovation at a $1B valuation to take on Cisco (www.bloomberg.com)
18 days ago AI Cisco

Chinese AI startup Zhipu says it is limiting GLM Coding Plan access after strong demand, taking only 20% of its current daily new subscriptions from January 23 (www.bloomberg.com)
18 days ago China Startup AI

Berlin-based Cloover, which makes software to help install solar, home batteries, and heat pumps, raised $22M from Lowercarbon and others and $1.2B in debt (www.bloomberg.com)
18 days ago Germany Solar

US colleges like Virginia Tech and Georgia Tech are using AI to streamline admissions; Virginia Tech says AI that scores essay questions saved ~8,000 hours (www.bloomberg.com)
18 days ago AI Virginia

Signal's Meredith Whittaker says deeper integration of AI agents into devices is “perilous” for encryption, since agents need access to lots of data across apps (www.bloomberg.com)
18 days ago AI

OpenAI says it will cover the costs of developing energy-related infrastructure at its Stargate data centers to ensure they don't raise consumers' utility bills (www.bloomberg.com)
18 days ago Energy

Analysis: the Trump family has generated about $1.4B from crypto projects since Trump's inauguration a year ago, making up about one-fifth of their fortune (www.bloomberg.com)
18 days ago Trump

G42 CEO Peng Xiao says AI chip shipments from Nvidia, AMD, and Cerebras are set to arrive in the UAE within the next few months, as the UAE builds a 200MW hub (www.bloomberg.com)
18 days ago AI Nvidia AMD

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