Articles from www.bloomberg.com

Articles from www.bloomberg.com

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

OpenAI launches GPT-5.5, designed to handle complex tasks with minimal guidance; the model will be used to power the company's upcoming “super app” (www.bloomberg.com)
19 days ago

Memo: Meta plans to cut 10% of workers, or ~8,000 jobs, on May 20 and won't fill 6,000 open roles, in an effort to offset its AI spending and boost efficiency (www.bloomberg.com)
19 days ago AI

Joint statement: Apple, Amazon, and others push back on stricter emissions reporting rules proposed by climate body Greenhouse Gas Protocol to cut greenwashing (www.bloomberg.com)
19 days ago Amazon Apple Climate

How Cash App founder Bob Lee's 2023 killing fed into a narrative pushed by tech leaders like Elon Musk about SF's decline until an acquaintance was convicted (www.bloomberg.com)
19 days ago Elon Musk

Lyft agrees to buy London black cab app Gett, its third acquisition in the past year, as the company expands its presence beyond the US (www.bloomberg.com)
19 days ago London

Filing: Netflix plans a $25B share buyback, adding to a Dec. 2024 program that still has $6.8B for purchases; NFLX is down 13% since its Q1 earnings on April 16 (www.bloomberg.com)
19 days ago Netflix

Around 30K attend a Samsung union rally demanding 15% of operating profits for chip division staff amid the AI boom; the demand totals $27B or $400K+ per worker (www.bloomberg.com)
19 days ago Samsung AI

Report: China's 360 Digital Security Group has uncovered ~1,000 previously unknown vulnerabilities, including in Microsoft's Office, using an AI-powered agent (www.bloomberg.com)
20 days ago China Microsoft AI

Sources: Microsoft told carbon-removal project developers it is shelving contracts under negotiation; Microsoft has been a major backer of carbon capture tech (www.bloomberg.com)
20 days ago Microsoft

TSMC says it will hold off on using ASML's most advanced high-NA EUV machines, costing upwards of €350M apiece, for chip production through 2029 to save money (www.bloomberg.com)
20 days ago

US child safety group NCMEC received 1.5M reports of suspected CSAM with ties to AI in 2025, a significant surge compared to 67,000 in 2024 and 4,700 in 2023 (www.bloomberg.com)
20 days ago AI

Sources: SoftBank seeks a $10B two-year margin loan secured by its OpenAI shares, with an option for a year extension, as SoftBank aims to become an AI linchpin (www.bloomberg.com)
20 days ago AI

Microsoft plans to invest AU$25B by 2029 to expand Azure AI supercomputing and cloud infrastructure in Australia, its largest commitment to the country (www.bloomberg.com)
20 days ago Australia Microsoft AI

Dune Analytics: Polymarket's global trading volumes have fallen behind Kalshi in recent months; sources: product delays are contributing to Polymarket's decline (www.bloomberg.com)
20 days ago

Texas Instruments reports Q1 revenue up 19% YoY to $4.83B, vs. $4.52B est., and forecasts Q2 revenue above estimates; TXN jumps 8%+ after hours (www.bloomberg.com)
20 days ago Texas

Sources: SpaceX isn't acquiring Cursor immediately because the deal could delay its IPO; Cursor is no longer proceeding with its reported $2B funding round (www.bloomberg.com)
20 days ago IPO SpaceX

Sooth Labs, founded by ex-Meta employees to build AI models that let businesses forecast geopolitical events, is raising ~$50M at a ~$335M valuation (www.bloomberg.com)
20 days ago AI

Google unveils a new TPU lineup consisting of the TPU 8t for AI training and the TPU 8i for inference, with general availability scheduled for later in 2026 (www.bloomberg.com)
20 days ago Google AI

Netherlands-based ASM, whose deposition tools are used to make advanced chips, projects Q2 revenue of ~€980M, above €886.8M est., driven by AI demand (www.bloomberg.com)
20 days ago AI Netherlands

A look at Apple's management changes and several key executives' futures; sources say Mike Rockwell has considered leaving or taking an advisory role next year (www.bloomberg.com)
21 days ago Apple

Source: a handful of unauthorized users in a private Discord channel have been accessing Anthropic's Mythos model since the day the company announced it (www.bloomberg.com)
21 days ago

Reliable Robotics, which is developing autonomous aircraft systems for cargo flights, raised $160M led by Nimble Partners, pushing its valuation to ~$1B (www.bloomberg.com)
21 days ago Robot

Roblox reaches settlements totaling $35.8M with the AGs of West Virginia, Alabama, and Nevada over child-safety protections (www.bloomberg.com)
21 days ago Virginia

All-hands: Tim Cook said he's stepping down now to ensure the “best-ever transition,” citing strong financials, an “incredible” pipeline, and Ternus' readiness (www.bloomberg.com)
21 days ago Tim Cook

Google's Chief AI Architect Koray Kavukcuoglu is working to unite its internal AI coding tools under the Antigravity platform, to counter Claude Code and Codex (www.bloomberg.com)
21 days ago Google AI

Filings: crypto PACs amassed a ~$180M war chest for the 2026 midterms, including Fairshake's $166M, giving them the ability to outspend some GOP super PACs (www.bloomberg.com)
21 days ago Republican

Tim Cook's 15-year legacy by the numbers: Apple's market cap grew from $350B in 2011 to $4T+ now, net income rose ~700% to $112B for FY 2025, and more (www.bloomberg.com)
21 days ago Apple Tim Cook

Longtime colleagues say John Ternus will bring back Jobs-era decisiveness, shifting from Cook's era when decisions were made collectively by top executives (www.bloomberg.com)
21 days ago

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