Articles from www.bloomberg.com

Articles from www.bloomberg.com

Bedrock Robotics, which makes driverless excavators and other autonomous construction machines, raised a $600M Series C at a $4.1B valuation (www.bloomberg.com)
15 days ago Robot

Anthropic S-1: an $80.7B net loss on revenue of $16.3B in H1 2026, up from a $13B net loss on revenue of $1.2B in H1 2025, and a net revenue retention of 900% (www.bloomberg.com)
15 days ago

SpaceX agrees to a ~$40B equipment finance lease with Apollo to fund purchases of Nvidia GPUs for its AI initiatives, set to close before the end of 2026 (www.bloomberg.com)
15 days ago AI Nvidia SpaceX

Ray-Ban Meta Audio glasses review: no camera is a bonus for some, good audio quality, and Meta AI works well, but lingering privacy concerns and fairly pricey (www.bloomberg.com)
16 days ago AI Ban

Volkswagen's China unit and Xpeng secure approvals to trial autonomous driving systems on public roads in China; VW is testing Level 3 and Xpeng Level 4 (www.bloomberg.com)
16 days ago China

Filing: Chinese PCB maker Dongshan raised ~$1.3B in Hong Kong's biggest IPO in nearly two months, pricing shares at ~$11, or 35% below its Friday Shenzhen close (www.bloomberg.com)
16 days ago China Hong Kong IPO Shenzhen

Alphabet, Amazon, and Microsoft are expected to report double-digit gains in revenue this week, as investors grow impatient with AI capex and seek returns (www.bloomberg.com)
16 days ago Amazon Microsoft AI Alphabet

Report: SK Hynix gained ~$15B from selling down its Kioxia stake earlier this year, and plans to return ~$12B to shareholders via a special dividend (www.bloomberg.com)
16 days ago

High-frequency trading firms such as Jane Street are investing in AI and chip startups and neoclouds, and building data centers to gain an edge in the AI era (www.bloomberg.com)
16 days ago Startup AI

Sources: Apple tweaked macOS for its OLED touch MacBook Pro, due Wednesday, with a dynamic interface that adapts to whether touch or the trackpad was last used (www.bloomberg.com)
16 days ago Apple MacBook

How a Blackstone-led $2.3B private credit loan to CoreWeave in 2023 became a blueprint for chip-backed debt, which is on track to become a $1T market (www.bloomberg.com)
17 days ago

A look at Meta's role in Brazil's runoff, where Lula da Silva alleges Meta restricts his content and a court ordered it not to interfere; Meta cites glitches (www.bloomberg.com)
17 days ago Brazil

OpenAI says it is cutting off internet access for its most capable AI models during training until adequate safeguards are in place to mitigate online actions (www.bloomberg.com)
18 days ago AI

Sources: Kalshi is targeting a December rollout for exchange-traded futures contracts tracking US inflation, rivaling exchanges like CME and ICE (www.bloomberg.com)
18 days ago

Sources: Polymarket's investors pressured CEO Shayne Coplan to fix its financial controls; Elon Musk's lawyer, Alex Spiro, joined its board and now helps daily (www.bloomberg.com)
18 days ago Elon Musk

SK Telecom unit SK Hyper is in talks with tech firms and investors to finance 15GW of data center capacity in South Korea by 2035; the first 5GW will cost $350B (www.bloomberg.com)
19 days ago Korea

Chinese state media: DeepSeek and MiniMax completed registration and won approval to open-source and deploy AI models overseas under proposed export controls (www.bloomberg.com)
19 days ago China AI

German energy company PreussenElektra says it is working with Nvidia to assess whether the country's idle nuclear plants could be turned into data centers (www.bloomberg.com)
19 days ago Germany Energy Nvidia

Warp Sciences, founded by former OpenAI CPO Kevin Weil to speed up drug development using AI, emerges from stealth with $215M at an $865M post-money valuation (www.bloomberg.com)
19 days ago AI

Sources: SpaceX is in talks with at least one major cellular infrastructure firm to secure a minimum of 80K US cell sites, as it eyes a wireless carrier launch (www.bloomberg.com)
19 days ago SpaceX

Warp Sciences, founded by ex-OpenAI product chief Kevin Weil to speed up AI drug development, emerges from stealth with $215M at an $865M post-money valuation (www.bloomberg.com)
19 days ago AI

Filing: Meta reports ~$825B in total future commitments for leases and contracts, up from nearly $700B in July; off-balance-sheet leases total $355.7B to 2036 (www.bloomberg.com)
19 days ago

At GTC Berlin, Jensen Huang says he urged UK-based neocloud Nscale to “work around the clock” to resolve data center delays amid investor doubts about its IPO (www.bloomberg.com)
20 days ago Germany IPO

Spotify reports Q3 revenue up 16% YoY to €4.97B, below €4.98B est., subscribers up 9% to 306M, MAUs up 11% to 788M, meeting est., and €672M operating income (www.bloomberg.com)
20 days ago Spotify

Barclays plans to cut 5,000 jobs, or ~5% of its workforce, by the end of 2026 as part of AI-driven cost cutting, with ~60% coming from support and developers (www.bloomberg.com)
20 days ago AI

Pressure to back promising AI startups is upending the VC investment process, with investors willing to buy into the same round at rapidly escalating valuations (www.bloomberg.com)
20 days ago Startup AI

Sources: DeepSeek raised ~$15B in its latest fundraising round, one of China's largest ever, with CATL and Tencent among the biggest contributors (www.bloomberg.com)
20 days ago China Tencent

Sources: advisers within Elon Musk's empire are pushing to announce a SpaceX-Tesla merger by H1 2027 so it can close while President Trump remains in power (www.bloomberg.com)
20 days ago Trump Tesla Elon Musk SpaceX

SAP: Q3 cloud revenue up 25% YoY to €6.67B, vs. €6.57B est., total revenue up 12% to €10.27B, current cloud backlog up 26% to €24.1B, all in constant currencies (www.bloomberg.com)
20 days ago

Texas Instruments reports Q3 revenue up 28% YoY to $6.06B, above $5.93B est., net income up 78% YoY to $2.43B, and forecasts $5.8B-$6.3B in Q4, vs. $5.73B est. (www.bloomberg.com)
20 days ago 4Q Texas

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