Articles from www.bloomberg.com

Articles from www.bloomberg.com

Sources: Lila Sciences, which uses AI tools to speed up the rate of scientific discovery, is in talks to raise a $2B Series B at an expected valuation of ~$8.5B (www.bloomberg.com)
23 days ago AI

Filing: SpaceX aims to raise $75B in its IPO, selling 555.6M shares at $135 each, which would value the company at ~$1.77T (www.bloomberg.com)
23 days ago IPO SpaceX

In a report, UK lawmakers call on the government to end a £330M NHS deal with Palantir and disclose more details of a military contract with the company (www.bloomberg.com)
23 days ago

Analysis: 10 Trump officials, including special envoy Steve Witkoff, reported holding stakes in SpaceX or xAI collectively worth $9.9M+, ahead of SpaceX's IPO (www.bloomberg.com)
23 days ago Trump IPO SpaceX

The EU's Cloud and AI Development Act aims to triple data center capacity in the next 5-7 years, and introduce the Chips Act 2.0 to allow direct EU investment (www.bloomberg.com)
23 days ago AI

How Revolut founder Nikolay Storonsky's Elon Musk-style pay incentives pushed his fortune to ~$20.4B, making him the UK's richest person, ahead of a planned IPO (www.bloomberg.com)
24 days ago IPO Elon Musk

AI music startup Suno raised $400M led by Bond at a $5.4B valuation, up from $2.45B after raising $250M in November 2025, and passed 2M subscribers in February (www.bloomberg.com)
24 days ago Startup AI

The EU General Court annuls the EU's designation of Meta's Marketplace as a DMA gatekeeper, citing partial evidence, but upholds the designation for Messenger (www.bloomberg.com)
24 days ago

How India's ambitions to build and export a sovereign AI template are colliding with structural constraints, including a dependence on foreign AI infrastructure (www.bloomberg.com)
24 days ago India AI

Bitcoin fell as much as 7% over 24 hours to below $67K on Tuesday for the first time since April, following Strategy's first BTC sale since 2022; MSTR fell 9% (www.bloomberg.com)
24 days ago Bitcoin

Sources: a Broadcom-backed portion of Apollo and Blackstone's $36B debt deal to buy TPUs for Anthropic to lease may yield ~5.75% vs. 8%-9% for a riskier portion (www.bloomberg.com)
24 days ago

Source: a CoreWeave-tied data center raised $900M via five-year junk bonds, priced at par to yield 7.5%, as the sector increasingly turns to high-yield bonds (www.bloomberg.com)
24 days ago

Uber says it has limited all employees to $1,500 in monthly token spending per AI coding tool “to responsibly encourage agentic AI adoption” (www.bloomberg.com)
24 days ago Uber AI

Sources: the EU's €20B investment plan for five AI data centers is floundering, with delays and funding issues alienating some potential partners (www.bloomberg.com)
24 days ago AI

OpenAI unveils new Codex plugins for tasks related to public equity investment, banking and sales, and other roles, and plans to integrate Codex into ChatGPT (www.bloomberg.com)
24 days ago Equity

Internal post: Guy Rosen, Meta's chief information security officer who previously oversaw Meta's election integrity work, is departing in the coming months (www.bloomberg.com)
24 days ago

Analysis: Palo Alto Networks shareholders have voted to reject pay packages for top executives seven times since 2015, more than any other S&P 500 company (www.bloomberg.com)
24 days ago

Didi reports Q1 revenue up 10% YoY to ~$8.7B and a ~$177M net loss, several times larger than its Q4 loss, as it expands globally in markets like Latin America (www.bloomberg.com)
24 days ago U.S. 4Q Latin America

Russia's Federal Security Service claims it uncovered a large-scale spyware operation by “foreign intelligence operatives” on senior officials' mobile phones (www.bloomberg.com)
25 days ago Russia Mobile Intelligence

SK Hynix Chair Chey Tae-won says the company plans to double its memory chip capacity over the next five years, responding to a shortage that could last to 2030 (www.bloomberg.com)
25 days ago

China adds data and algorithms to its trade secret rules, as part of Beijing's efforts to prevent tech leaks amid intensifying strategic competition with the US (www.bloomberg.com)
25 days ago China Algorithm

A profile of Valve, which PrivCo estimates generated $5.2B in revenue and $1.5B in net income in 2025, as lawsuits allege its Steam store abuses market power (www.bloomberg.com)
25 days ago

Procurement records show at least seven Chinese universities that support the country's military and defense industry are seeking access to Nvidia's H200 chips (www.bloomberg.com)
25 days ago China Nvidia

Alphabet is raising $80B in equity offerings, including a $10B investment deal with Berkshire Hathaway, to help raise money for its AI spending plans (www.bloomberg.com)
25 days ago AI Equity Berkshire Alphabet

HPE reports Q2 revenue up 40% YoY to $10.7B, vs. $9.74B est., Server revenue up 33%, forecasts revenue for FY26 and FY27 above est.; HPE jumps 30%+ after hours (www.bloomberg.com)
25 days ago

Gigascale Capital, a climate tech VC firm co-founded by former Meta CTO Mike Schroepfer, closed a $250M fund to back early-stage startups supporting the AI boom (www.bloomberg.com)
25 days ago Startup AI Climate

Source: Salesforce has a stake in Anthropic worth ~$5B; Salesforce first invested about $50M in an early 2023 round and has continually invested in rounds since (www.bloomberg.com)
25 days ago Salesforce

IBM shares jump 9%+ after a six-month old video of Trump praising CEO Arvind Krishna was recirculated on X; IBM had surged ~40% in a little over two weeks (www.bloomberg.com)
25 days ago Trump IBM

African e-mobility startup Spiro, which owns 100K+ electric bikes, raised $215M at a near-$1B valuation, after raising $100M in 2025 and $50M debt in 2026 (www.bloomberg.com)
25 days ago Startup Africa

SEC filing: quantum computing company Quantinuum upsizes its IPO, selling 26.5M shares for $53 to $55 each to raise up to $1.46B at an up to $14.3B valuation (www.bloomberg.com)
25 days ago IPO Quantum

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