Tag: bloomberg news
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Deepseek raises $15 billion in challenge to leading US labs, Bloomberg News reports
Oct 22 : Chinese AI startup DeepSeek has raised about 100 billion yuan ($14.98 billion) in its latest fundraising round, Bloomberg News reported on Thursday citing people familiar with the matter. Battery pioneer Contemporary Amperex Technology and WeChat-operator Tencent Holdings were among the biggest inve
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ByteDance nears chip supply deal with MediaTek for data centres, Bloomberg News reports
Oct 15 : ByteDance is close to an agreement with MediaTek to secure semiconductors for its data center operations, Bloomberg News reported on Thursday, citing people familiar with the matter.Reuters could not immediately verify the report.
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Tencent mulls $5 billion bond sale to push AI ambitions, Bloomberg News reports
Oct 8 : Tencent is considering raising up to $5 billion via an offshore bond sale, Bloomberg News reported on Thursday, as the Chinese technology giant ramps up spending on AI and computing infrastructure in line with its peers.Here are the details:• The bonds could be issued in US dollars and offsho
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DeepSeek to raise at least $12 billion in Tencent-backed funding, Bloomberg News reports
Oct 6 : DeepSeek is close to securing at least 80 billion yuan ($11.93 billion) in its latest round of funding, Bloomberg News reported on Tuesday, citing people familiar with the matter.Battery pioneer Contemporary Amperex Technology and Tencent Holdings have committed among the largest amounts in the curre
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Google, Constellation near deal for nuclear power, Bloomberg News reports
Oct 5 : Google’s parent Alphabet is nearing a multi-year deal to buy nuclear energy from Constellation Energy for $1 billion or more, Bloomberg News reported on Monday, citing people familiar with the matter.• The deal could be announced as soon as this week, the report said.• Google could not imm
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Former Anthropic researcher Coxon to testify at New York City AI hearing, Bloomberg News reports
Oct 4 : Former Anthropic researcher Jacob Coxon will testify at a New York City hearing on artificial intelligence, Bloomberg News reported on Sunday, citing people familiar with the matter.Coxon will appear at the request of New York City Council Speaker Julie Menin, who has urged AI whistleblowers to testif
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Apple plans to launch new smart-home hub on Oct 13, Bloomberg News reports
Sept 30 : Apple is planning to make its long-delayed push into the smart-home market on October 13 with a new hub code-named J490, Bloomberg News reported on Wednesday, citing people familiar with the matter.The company also plans to announce the first update to the HomePod mini since the device’s 2020 debut
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Apple plans to make push into smart-home market on Oct 13, Bloomberg News reports
Sept 30 : Apple is planning to make its long-delayed push into the smart-home market on October 13, Bloomberg News reported on Wednesday, citing people familiar with the matter.A smart-home hub code-named J490 is at the center of Apple’s strategy and the company also plans to announce the first update to the
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OpenAI’s models accessed public US Census, SEC data, Bloomberg News reports
Sept 25 : OpenAI’s models accessed publicly available information from US government websites, including those of the Census Bureau and the Securities and Exchange Commission, Bloomberg News reported on Friday.The company’s agentic AI systems interacted with SEC.gov, Investor.gov and publicly available Census
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Modal Labs in talks to raise funds at $15 billion valuation, Bloomberg News reports
Sept 23 : AI startup Modal Labs is in discussions to raise new financing at a roughly $15 billion valuation, Bloomberg News reported on Wednesday, citing people familiar with the matter.Modal raised $355 million in May at a valuation of $4.65 billion, Reuters had previously reported.The startup helps A
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