Tag: news reports
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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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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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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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Uber to cut 3,300 jobs in overhaul, Bloomberg News reports
Sept 2 : Uber Technologies will cut 3,300 jobs or roughly 10 per cent of its global workforce as part of an overhaul, as the company looks to reduce the number of managers, Bloomberg News reported on Wednesday.
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Anthropic to pay Nscale $45 billion to rent AI computing power, Bloomberg News reports
Aug 26 : Anthropic has agreed to spend $45 billion to rent AI cloud computing power from Nscale’s flagship West Virginia data center development, Bloomberg News reported on Wednesday.The move comes as the AI startup looks to secure capacity to meet an anticipated surge in demand for products such as its AI co
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GM plans to sell its half of Indiana battery venture to Samsung SDI, Bloomberg News reports
Aug 11 : General Motors is planning to sell its half of a planned $3.5 billion electric-vehicle battery joint venture in Indiana to partner Samsung SDI, Bloomberg News reported on Monday, citing people familiar with the matter. Here are some details:• Reuters had reported earlier this year that cons
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Moonshot has Nvidia chip cluster from Alibaba computing deal, Bloomberg News reports
July 31 : Chinese AI firm Moonshot has a computing agreement with Alibaba Group for the use of about 20,000 Nvidia chips, Bloomberg News reported on Friday, citing people familiar with the matter.
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Apple in early settlement talks with US DOJ over antitrust case, Bloomberg News reports
July 17 : Apple and the U.S. Department of Justice are in early discussions about settling a 2024 lawsuit that alleges the iPhone maker violated antitrust laws, Bloomberg News reported on Friday, citing people with knowledge of the matter.Apple and the DOJ did not immediately respond to Reuters requests for c
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Syngenta’s $5 billion HK IPO pushed back amid agriculture sector uncertainty, Bloomberg News reports
July 16 : Swiss agricultural chemicals and seeds company Syngenta’s planned $5 billion Hong Kong IPO is facing delays as the company awaits better conditions in the sector, Bloomberg News reported on Thursday, citing people familiar with the matter.A listing in 2027 is now seen as the more likely timeline, ac
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