Articles from www.bloomberg.com

Articles from www.bloomberg.com

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

Chinese billionaire Chen Tianqiao says his startup MiroMind is adding strict “firewalls” between its Chinese and US businesses, as China blocked Manus' sale (www.bloomberg.com)
14 days ago China Startup

Spotify reports Q1 revenue up 14% YoY to €4.5B, MAUs up 12% YoY to 761M, above 759M est., Premium subscribers up 9% YoY to 293M, and a €715M operating income (www.bloomberg.com)
14 days ago Spotify

Match Group invests $100M in Seattle-based Sniffies, a web-only platform for queer men with ~3M MAUs worldwide, paving the way for a possible acquisition (www.bloomberg.com)
14 days ago Seattle

South Korea's stock market value has surpassed the UK's, growing 45%+ this year to $4.04T after a surge in AI-linked tech stocks like Samsung and SK Hynix (www.bloomberg.com)
15 days ago Korea Samsung AI

The EU unveils new proposals under the DMA aimed at opening up Android to rivals' AI services; Google says the measures are “unwarranted intervention” (www.bloomberg.com)
15 days ago Android Google AI

Spotify partners with Peloton to offer Premium users access to playlists and a catalog of 1,400+ ad-free fitness classes, its first foray into fitness content (www.bloomberg.com)
15 days ago Spotify

Meta says it signed a deal with Overview Energy for 1GW of space solar energy; the startup seeks to collect sunlight in satellites, with a demonstration in 2028 (www.bloomberg.com)
15 days ago Energy Startup Solar

A look at what's next for Netflix and Comcast's Peacock after the WBD-Paramount deal; Nielsen says Netflix had six of the top 10 original streaming shows in Q1 (www.bloomberg.com)
15 days ago Netflix

A look at Elon Musk's efforts to launch the banking and payments service X Money, delayed by US regulatory concerns, as some industry watchers remain skeptical (www.bloomberg.com)
15 days ago Elon Musk

How Sergey Brin's political push against a proposed wealth tax in California has helped mobilize a network of fellow tech leaders to sway state issues (www.bloomberg.com)
15 days ago Tax California

Chinese state media: China formalizes gig worker rules for online platforms, calling for standardized contracts, fair pay, and stronger labor protections (www.bloomberg.com)
16 days ago China

Stuttgart-based Sereact, which develops software for industrial robots to handle tasks they haven't been trained on, raised a $110M Series B led by Headline (www.bloomberg.com)
16 days ago Robot

Taiwan's Intellectual Property and Commercial Court sentences ex-Tokyo Electron engineer Chen Li-ming to 10 years in prison for stealing TSMC's proprietary data (www.bloomberg.com)
16 days ago Taiwan Tokyo

A profile of Strider, an intelligence firm that leverages agentic AI and public records to help the US Air Force, NATO, and others identify foreign state actors (www.bloomberg.com)
17 days ago AI Intelligence

A look at Tin Can's $100 retro-style, Wi-Fi-enabled landline phone, and how some schools are seeding the device to students in an attempt to curb smartphone use (www.bloomberg.com)
17 days ago

Analysis: Taiwan's stock market value has surpassed the UK's at ~$4.3T, with South Korea close behind, driven by massive gains in TSMC, Samsung, and SK Hynix (www.bloomberg.com)
17 days ago Korea Taiwan Samsung

Intel's upbeat outlook suggests CEO Lip-Bu Tan is making progress on a turnaround, having strengthened the company's balance sheet and now improving operations (www.bloomberg.com)
17 days ago Intel

The value of US government's stake in Intel has increased fourfold to ~$36B, a roughly $27B paper gain since they announced the investment in August 2025 (www.bloomberg.com)
17 days ago Intel

A $16B financing for a giant Oracle data center in Michigan has closed, with BofA selling $14B in bonds; Oracle plans to use the campus to power apps for OpenAI (www.bloomberg.com)
17 days ago Oracle

Instacart co-founder Apoorva Mehta launches Abundance, a hedge fund that aims to have AI agents run the entire fund, with $100M in seed funding (www.bloomberg.com)
18 days ago AI

Sources: Stanford University professor James Zou aims to raise ~$100M at a ~$1B valuation for Human Intelligence, which aims to use AI to study physiology (www.bloomberg.com)
18 days ago AI Intelligence

The DOJ joins xAI in its legal challenge to a new Colorado law that seeks to prevent discrimination by AI tools in employment and other areas (www.bloomberg.com)
18 days ago AI

Anthropic says Google is committing to invest $10B now in cash at a $350B valuation and will invest another $30B if Anthropic hits performance targets (www.bloomberg.com)
18 days ago Google

France's forecasting office refers suspected weather sensor tampering at Paris airport to police, after detecting unusual readings alongside Polymarket betting (www.bloomberg.com)
18 days ago France Sensor Paris

Meta and Amazon reach a multi-billion, multiyear deal for Meta to rent hundreds of thousands of Amazon's Graviton chips for its AI efforts (www.bloomberg.com)
18 days ago Amazon AI

Sources: China recently told tech companies, including ByteDance and Moonshot AI, to reject US capital without state approval, after Meta's Manus acquisition (www.bloomberg.com)
18 days ago China AI

The AI boom has pushed the market cap of Shenzhen-listed Zhongji Innolight, a leading optical communications device maker, close to $146B, a record high (www.bloomberg.com)
18 days ago AI Shenzhen

DeepSeek releases its new flagship models V4 Pro and V4 Flash in preview, saying V4 Pro trails the performance of state-of-the-art models by about 3 to 6 months (www.bloomberg.com)
19 days ago

Sources: AI coding firm Cognition is in early talks to raise hundreds of millions of dollars at a $25B valuation, up from $10.2B announced in September 2025 (www.bloomberg.com)
19 days ago AI

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