Articles from www.bloomberg.com

Articles from www.bloomberg.com

SEC filing: Microsoft strikes a deal worth up to $19.4B through 2031 to get AI cloud computing power from Nebius Group; NBIS jumps 50%+ after hours (www.bloomberg.com)
2025-9-9 Microsoft AI

Source: Amazon took a stake in Colombian delivery startup Rappi via a $25M convertible note, entitling it to buy up to 12% via warrants if milestones are met (www.bloomberg.com)
2025-9-9 Amazon Startup

The US Army awards a $159M contract to a partnership of Anduril and Meta and a $195M contract to Rivet, to produce competing prototypes of a new combat goggle (www.bloomberg.com)
2025-9-9

Cognition raised $400M led by Founders Fund at a $10.2B valuation, up from $4B in March; its coding tool Devin's ARR grew from $1M in Sept. 2024 to $73M by June (www.bloomberg.com)
2025-9-9

AI audio startup ElevenLabs launches a tender offer to let staff sell up to $100M in stock at a $6.6B valuation, up from a $3.3B valuation in January 2025 (www.bloomberg.com)
2025-9-9 Startup AI

Crypto asset manager CoinShares agrees to go public via SPAC Vine Hill at a $1.2B pre-money valuation, set to close by the end of Q4; CoinShares has ~$10B AUM (www.bloomberg.com)
2025-9-8 4Q Asset

Quantum computing startup Infleqtion agrees to merge with a Michael Klein-led blank-check company, giving it a $1.8B pre-money valuation and $540M in funding (www.bloomberg.com)
2025-9-8 Startup Quantum

SpaceX agrees to acquire EchoStar's AWS-4 and H-block spectrum licenses for up to $8.5B in cash and up to $8.5B in stock, resolving an FCC inquiry into EchoStar (www.bloomberg.com)
2025-9-8 SpaceX

Sources: the US is proposing annual approvals for exports of chipmaking supplies to Samsung and SK Hynix factories in China as part of a “site license” idea (www.bloomberg.com)
2025-9-8 China Samsung

The Wizard of Oz's revamp draws 4,000 to 5,000 fans two or three times per day to the Las Vegas Sphere; a source says the 1939 film may gross $1B in its new run (www.bloomberg.com)
2025-9-8 Vegas

Filing: Shanghai-based, US-listed lidar maker Hesai aims to raise ~$497M in its Hong Kong IPO, offering 17M shares at up to $29.25 each, amid US delisting risks (www.bloomberg.com)
2025-9-8 Hong Kong IPO Shanghai

Microsoft says clients of its Azure cloud platform may experience increased latency after multiple international cables in the Red Sea were cut (www.bloomberg.com)
2025-9-7 Microsoft

A look at the ramp up of Apple's retail footprint in India, as a source says Apple's revenue grew 13% YoY to $9B during India's fiscal year that ended in March (www.bloomberg.com)
2025-9-6 India Retail Apple

Filing: Anthropic will pay $1.5B to resolve an authors' copyright lawsuit over the company's downloading of millions of pirated books (www.bloomberg.com)
2025-9-6

Roblox is testing Roblox Moments, a TikTok-like video app allowing users to share 30-second clips of gameplay, and makes the source code available to developers (www.bloomberg.com)
2025-9-6

World Liberty Financial blocked Justin Sun's wallet after it transferred 50M WLFI tokens, worth ~ $9M, to HTX exchange; Sun called out the freezing of assets (www.bloomberg.com)
2025-9-6 Asset

What to expect from Apple's September 9 event: major design upgrades for the iPhone, an ultrathin iPhone 17 Air, three Apple Watch models, and AirPods Pro 3 (www.bloomberg.com)
2025-9-5 iPhone Apple

Sources: Apple plans AI web search, World Knowledge Answers, for a spring 2026 Siri revamp; Apple and Google this week agreed to test a Gemini model for Siri (www.bloomberg.com)
2025-9-5 Google AI Apple

Sources: DeepSeek is developing an agentic AI model that can carry out multistep actions with little human intervention and can learn and improve, coming in Q4 (www.bloomberg.com)
2025-9-5 AI 4Q

Broadcom reports Q3 revenue up 22% YoY to $16B, vs. $15.8B est., AI revenue up 63% to $5.2B, vs. $5.11B est., and forecasts Q4 revenue above estimates (www.bloomberg.com)
2025-9-5 AI 4Q

Sources: StubHub and Netskope plan to start formally marketing their IPOs as soon as Monday; StubHub could raise $1B+, and Netskope is seeking to raise ~$1B (www.bloomberg.com)
2025-9-5 IPO

OpenAI plans to launch a jobs platform in 2026 to match employers with candidates with AI skills, and a certification program for AI roles in the coming months (www.bloomberg.com)
2025-9-5 AI

The Trump administration plans to ease rules for self driving cars by removing some requirements designed for human drivers, such as windshield wipers (www.bloomberg.com)
2025-9-5 Trump

Sources: Microsoft is set to avoid a potentially hefty EU antitrust fine by agreeing to sell Teams separately from its Office 365 and Microsoft 365 packages (www.bloomberg.com)
2025-9-5 Microsoft

Lead Bank, a 97-year-old Missouri bank rebuilt to serve fintech and crypto firms, raised $70M from a16z, Khosla Ventures, and others at a $1.47B valuation (www.bloomberg.com)
2025-9-5 Fintech

Roblox restricts some features in the UAE and Saudi Arabia, including its in-game chat tool, and improves Arabic content moderation over child safety concerns (www.bloomberg.com)
2025-9-4 Arabia Saudi Arabia

Honeywell's Quantinuum raised $600M from Quanta, Nvidia's NVentures, and others at a $10B pre-money valuation, up from $5B after raising $300M in January 2024 (www.bloomberg.com)
2025-9-4 Nvidia Honeywell

SK Hynix's union approves a 6% wage bump and 10% allocation of SK's annual profit to a bonus pool, totaling ~$2.7B for 33,625 staff in 2025, averting a strike (www.bloomberg.com)
2025-9-4

GSR fund documents: TikTok rival Xiaohongshu, known as RedNote in the US, saw its valuation rise 19% to $31B from $26B in March during recent GSR transactions (www.bloomberg.com)
2025-9-4

Sources: DeepSeek is developing an agentic AI model that can carry out multi-step actions with little direction as well as learn and improve, set for a Q4 debut (www.bloomberg.com)
2025-9-4 AI 4Q

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