Articles from www.bloomberg.com

Articles from www.bloomberg.com

Thoughts on the foldable iPhone's prospects ahead of next year's launch; sources: Apple will add a second, portrait-side front-facing camera to the M5 iPad Pro (www.bloomberg.com)
2025-7-21 iPhone Apple iPad

Acquihire deals like Google's Windsurf deal are a wake-up call for AI startup employees left behind, creating new uncertainty over leadership and compensation (www.bloomberg.com)
2025-7-19 Google Startup AI

Sources: at least six of China's biggest VC firms are targeting a combined $2B in new USD-denominated funds to allow overseas investment in Chinese startups (www.bloomberg.com)
2025-7-19 China Startup

The European Commission accepts Corning's offer to end exclusivity terms in its supply contracts, ending an antitrust investigation opened in November 2024 (www.bloomberg.com)
2025-7-19 Europe

Peter Thiel-backed crypto exchange Bullish files for an IPO, plans to trade on the NYSE, and reports a net loss of ~$349M on digital asset sales of $80M in Q1 (www.bloomberg.com)
2025-7-19 IPO Asset

President Trump signs the GENIUS Act, and says the first federal bill to regulate stablecoins will “secure the dollar's status as the world's reserve currency” (www.bloomberg.com)
2025-7-19 Trump

BrightAI, an AI-powered service using custom chips and devices to monitor critical infrastructure, raised a $51M Series A, source says at a $300M valuation (www.bloomberg.com)
2025-7-19 AI

SEC Chairman Paul Atkins says the GENIUS Act is a “historic step” and the SEC is weighing an “innovation exemption” from regulations to incentivize tokenization (www.bloomberg.com)
2025-7-19

Total crypto market value surpassed $4T for the first time, driven by altcoin rallies and US legislative momentum; Ether jumped 22% over the past five days (www.bloomberg.com)
2025-7-19

Joel Kaplan says Meta won't sign EU's AI code of practice, calling its guidelines overreach that will throttle development and deployment of AI models in Europe (www.bloomberg.com)
2025-7-18 Europe AI

Sources: Meta hired two key AI researchers from Apple, Mark Lee and Tom Gunter, for its superintelligence lab, after poaching their former boss, Ruoming Pang (www.bloomberg.com)
2025-7-18 AI Apple

Swedish AI coding startup Lovable raised a $200M Series A led by Accel at a $1.8B valuation, making it Europe's newest unicorn (www.bloomberg.com)
2025-7-17 Europe Startup AI Sweden

Big Tech acquihiring AI startups, like Meta's Scale AI deal, gives VCs only modest returns compared to traditional exits and may entrench Big Tech's dominance (www.bloomberg.com)
2025-7-17 Startup AI

The Novo Nordisk Foundation and the Danish government plan to invest €80M to acquire and run a Microsoft-powered quantum computer, set to operate in early 2027 (www.bloomberg.com)
2025-7-17 Microsoft Quantum

Amazon's 2024 sustainability report says it emitted 68.25M metric tons of carbon dioxide equivalent, up 6% from 2023 and the first rise in three years (www.bloomberg.com)
2025-7-17 Amazon

TSMC reports Q2 net profit up ~60% YoY to ~$13.53B, beating estimates, and forecasts ~30% sales growth in USD terms in 2025, up from mid-20% previously (www.bloomberg.com)
2025-7-17

Microsoft's Copilot struggles to make headway against other AI assistants; Sensor Tower: Copilot's mobile app has ~79M downloads vs. ChatGPT's 900M+ downloads (www.bloomberg.com)
2025-7-17 Microsoft Mobile AI Sensor

Google announces a Pixel event on August 20 in New York, with four new smartphones and a new watch expected (www.bloomberg.com)
2025-7-17 Google New York

Scale AI says it is laying off 200 full-time employees, or ~14% of its global workforce, and will stop working with 500 contractors, after Meta invested $14.3B (www.bloomberg.com)
2025-7-17 AI

Europol and Eurojust disrupt pro-Russian hacktivist group NoName057(16), which claimed responsibility for 1,000+ DDoS attacks since 2022, and arrest two people (www.bloomberg.com)
2025-7-17 Russia

Saudi startup Lucidya, which develops customer experience software, raised a $30M Series B led by Impact46, marking the largest AI funding round in the kingdom (www.bloomberg.com)
2025-7-17 Startup AI

HPE unveils several business changes, including forming a strategy committee and appointing a new board member, as it agrees to work with Elliott to boost value (www.bloomberg.com)
2025-7-16

Sources: the US DOJ and CFTC ended a pair of investigations into crypto betting platform Polymarket that started under the Biden administration (www.bloomberg.com)
2025-7-16 CFTC

Uber and Baidu announce a multi-year partnership to launch robotaxis in markets outside the US and mainland China, starting in Asia and the Middle East in 2025 (www.bloomberg.com)
2025-7-16 China Uber Asia

Apple signs a $500M deal to buy rare-earth minerals from US producer MP, which secured Pentagon backing last week, as it seeks to cut its reliance on China (www.bloomberg.com)
2025-7-15 China Apple Pentagon

AMD says it will restart shipments of its MI308 AI chips to China after the US Commerce Department said it would approve the sales, following Nvidia (www.bloomberg.com)
2025-7-15 China AI Nvidia AMD

Anthropic launches Claude for Financial Services, aiming to help analysts conduct market research and handle due diligence, with data from FactSet and others (www.bloomberg.com)
2025-7-15

CoreWeave says it plans to invest up to $6B to set up a 100MW data center in Lancaster, PA, creating 175 jobs and potentially expanding to 300MW in the future (www.bloomberg.com)
2025-7-15

Nvidia plans to resume H20 AI chip sales to China after Washington assured shipments will be approved, reversing an earlier Trump administration stance in April (www.bloomberg.com)
2025-7-15 Trump China AI Nvidia

Mark Zuckerberg's top AI talent hiring blitz seems to be causing a halo effect as other leading scientists join Meta in the race to build “superintelligent” AI (www.bloomberg.com)
2025-7-15 AI Zuckerberg

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