Tag: bloomberg news
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Binance under US scrutiny over possible Iran sanctions violations, Bloomberg News reports
Sept 21 : US federal prosecutors are investigating whether Binance violated sanctions on Iran by failing to prevent certain trading activity on its platform, Bloomberg News reported on Monday, citing people familiar with the matter.Here are a few details: • The probe is being led by the Manhattan US
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OpenAI is working with Anthropic, Google on AI safety, Bloomberg News reports
Sept 15 : OpenAI is working with rivals Anthropic and Alphabet’s Google DeepMind on AI safety, Bloomberg News reported on Tuesday, citing the ChatGPT maker’s global policy chief Chris Lehane.Global concerns about AI’s existential risks have risen after the heads of America’s leading AI labs came together in a
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Syngenta files for Hong Kong IPO that could raise $5 billion, Bloomberg News reports
Sept 15 : Chinese-owned seed giant Syngenta Group has confidentially filed for a Hong Kong IPO and is considering raising about $5 billion, Bloomberg News reported on Tuesday, citing people familiar with the matter.Reuters could not immediately verify the report.
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Kioxia considers raising $10 billion in US listing, Bloomberg News reports
Sept 14 : Japanese chipmaker Kioxia Holdings is considering raising at least $10 billion by listing American depositary receipts, or ADRs, Bloomberg News reported on Monday, citing people familiar with the matter.Kioxia has been speaking with lenders, including Bank of America, Goldman Sachs and JPMorgan , on
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Altman tells staff OpenAI is open to slowing AI development, Bloomberg News reports
Sept 10 : OpenAI Chief Executive Sam Altman told employees at a company meeting this week that the firm was open to slowing development of its AI systems, Bloomberg News reported on Thursday, citing sources, amid growing concern about the safety of advanced AI systems. Here are some details:• Altman
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Microsoft plans 38 gigawatts of data center capacity by 2032, Bloomberg News reports
Sept 10 : Microsoft plans to build out its data-center capacity to about 38 gigawatts by 2032, more than triple its current footprint, Bloomberg News reported on Thursday, citing people familiar with the matter.Here are some details:• According to the report only about 2 gigawatts of the company’s cu
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Saudi wealth fund weighs EA-Savvy merger, Bloomberg News reports
Sept 10 : Saudi Arabia’s wealth fund is considering merging Electronic Arts with Savvy Games to create a gaming giant, Bloomberg News reported on Thursday, citing people familiar with the matter.The merger of the two companies, both controlled by the Public Investment Fund, would create a gaming behemoth spa
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Europe’s biggest mobile operators in talks for satellite-to-mobile venture, Bloomberg News reports
Sept 7 : Deutsche Telekom, Orange, Vodafone Group and Telefonica are in early talks to create a consortium to bid on satellite spectrum and offer direct-to-mobile services, Bloomberg News reported on Monday, citing people familiar with the matter. The group of carriers would jointly bid for a share of the 2
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AI startup Crusoe valued at $30 billion after new funding, Bloomberg News reports
Sept 3 : AI data center startup Crusoe has raised over $3 billion in a funding round that values it at roughly $30 billion, Bloomberg News reported on Thursday, citing people familiar with the matter.Launched in 2018 as a cryptocurrency business, Crusoe has pivoted to building AI infrastructure and is among t
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ByteDance gets $30 billion loan, Bloomberg News reports
Sept 3 : Bytedance has secured a $29.6 billion loan, Bloomberg News reported on Thursday, citing people familiar with the matter. The Chinese tech giant was originally seeking a $20 billion facility, but increased the size after gathering strong commitments from banks, Bloomberg News reported.Reuter
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