Articles from www.bloomberg.com

Articles from www.bloomberg.com

Sources: Kimi developer Moonshot told investors it is preparing for a Hong Kong IPO in as early as six months; its ARR hit $300M in June, up from $200M in April (www.bloomberg.com)
24 days ago Hong Kong IPO

Sources: China's National AI Industry Investment Fund gained voting rights in DeepSeek by joining its $7.4B round; other investors like Tencent and JD got none (www.bloomberg.com)
25 days ago China AI Tencent

Japan plans to buy 27,500 Nvidia Rubin chips to develop a domestic AI foundation model for robots, in a Noetra-led effort that includes SoftBank, Sony, and NEC (www.bloomberg.com)
25 days ago Japan AI Robot Sony Nvidia

Sources: the Trump administration is considering plans for an independent regulator to vet the safety of AI models; the regulator would report to the SEC (www.bloomberg.com)
25 days ago Trump AI

Sources: Apple and the DOJ are in early discussions about settling a 2024 antitrust lawsuit alleging that Apple violated antitrust laws (www.bloomberg.com)
25 days ago Apple

ASML plans to give its ~45K employees globally a €20,000 bonus, issued as a share award vesting in 2030, joining other chip industry companies offering payouts (www.bloomberg.com)
25 days ago

Sources: Z.ai is on track to achieve an annual recurring revenue of $1B, a first for a Chinese AI company, after achieving its full-year sales target in July (www.bloomberg.com)
25 days ago China AI

Sources: Tata plans India's first large-scale chip fab in Dholera, Gujarat, mostly using 90nm nodes, a far humbler start than the 28nm node it touted earlier (www.bloomberg.com)
26 days ago India

Source: Demis Hassabis plans to hold meetings with US policymakers in Washington next week about his proposed US-based Standards Body for “Frontier-class” AI (www.bloomberg.com)
26 days ago AI

Kalshi is offering wagers on the outcomes of late-stage clinical drug trials and regulatory decisions, launching a pilot of 13 new biotech contracts (www.bloomberg.com)
26 days ago Biotech

Sources: Google is months behind schedule on delivering Gemini 3.5 Pro as it tries to improve its capabilities, particularly in coding; GOOG closes down 4.43% (www.bloomberg.com)
26 days ago Google

US Homeland Security says it seized 30k+ SIM cards in June and July in a nationwide operation it claims dismantled infrastructure used in telephone fraud (www.bloomberg.com)
26 days ago

Sources: Google is months behind schedule on delivering Gemini 3.5 Pro because the company has been trying to improve its capabilities, particularly in coding (www.bloomberg.com)
26 days ago Google

Sources: Apple is prepping an iPad overhaul, including an iPad mini with an OLED screen by October and refreshed versions of entry-level iPad and Airs in 2027 (www.bloomberg.com)
26 days ago Apple iPad

Sources detail how xAI has been slowed down by internal chaos as Musk pushed for Grok to match Claude, amid signs it is turning a corner under Michael Nicolls (www.bloomberg.com)
26 days ago

Vital Signals launches the $399 Signal Ring, which provides systolic and diastolic blood pressure readings without the need for the traditional arm cuff (www.bloomberg.com)
26 days ago

Alpaca, which offers brokerage and financial infrastructure, raised $135M in equity and $300M in debt, following a $150M Series D in January (www.bloomberg.com)
26 days ago Equity

A US official says TSMC plans to spend an additional $100B to build four new US chip fabs, bringing total pledge to $265B as part of a broader US-Taiwan deal (www.bloomberg.com)
26 days ago Taiwan

TSMC raises its 2026 capex projections from $52B-$56B to $60B-$64B, and ups revenue growth projection from 30%+ to 40%+ YoY in USD terms, citing “AI megatrend” (www.bloomberg.com)
26 days ago AI

Uber agrees to acquire Delivery Hero in a deal that values the German food delivery company at ~$14.8B, offering €41.50 per share and buying out Prosus' stake (www.bloomberg.com)
26 days ago Germany Uber

Apple raises its AppleCare+ prices for Macs and iPads by $0.50 per month and $5 per year; the increases are exclusively for new sign-ups (www.bloomberg.com)
27 days ago Apple

Uber and Waymo are engaged in a DC lobbying battle over AV legislation, with Uber supporting a hybrid human-robotaxi model and Waymo pushing for pure robotaxis (www.bloomberg.com)
27 days ago Uber

Apple raises AppleCare+ prices for Macs and iPads by $0.50 per month and $5 per year; the increases are exclusively for new sign-ups (www.bloomberg.com)
27 days ago Apple

Source: OnePlus will begin to cease operations in the US and Europe as early as this week and Realme will exit China as part of a restructuring by parent Oppo (www.bloomberg.com)
27 days ago China Europe OPPO

Hinge adds Friend's Take, a new feature that lets daters enlist 10 close contacts to share written feedback, photos, voice notes, or videos on their profiles (www.bloomberg.com)
27 days ago

India pledges $13.3B to boost domestic chipmaking, building on a $10B incentive program from 2021, which attracted investments from companies like Micron (www.bloomberg.com)
27 days ago India

Nokia plans to sell its AI-driven RAN platform, developed with Nvidia, to mobile operators by 2027, aiming for a 100% increase in spectrum efficiency by 2028 (www.bloomberg.com)
27 days ago Mobile AI Nvidia Nokia

MA-based Walden Robotics, a Toyota robotics spin-off that has started selling humanoid robots, emerges from stealth with a ~$300M seed at a $1.1B valuation (www.bloomberg.com)
28 days ago Robot Toyota

As China's rules for humanlike AI interaction take effect, many users are bemoaning the loss of the virtual companions they had created on Chinese AI platforms (www.bloomberg.com)
28 days ago China AI

Sources: DeepSeek has started planning for an IPO in China and may file as soon as this year, allowing it to debut in 2027 (www.bloomberg.com)
28 days ago China IPO

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