Dina Bass / Bloomberg: Pigment, a French startup that makes AI-powered software to help businesses forecast finances, spin up slide decks, and more, raised $250M at a $2.3B valuation — Pigment, a French AI company that competes with Microsoft's Excel and PowerPoint, has raised $250 million in a funding round …
Dina Bass / Bloomberg: Super Micro reports preliminary Q1 revenues of $18.5B to $19.5B, vs. $15B est., and gross margins of 12% to 12.5%; SMCI jumps 11%+ after hours — Super Micro Computer Inc. jumped in late trading after reporting preliminary quarterly results that topped analysts' estimates.
David Morris / Bloomberg: Report: Anthropic's draft S-1 shows it spent ~$9B on compute and infrastructure in H1, up from $2.3B a year earlier, and could spend $750B in the coming years — Anthropic PBC could spend $750 billion on additional computing power in the coming years, according to a Wall Street Journal report …
Bloomberg: Sources: Eric Schmidt, who owns ~1% of Anthropic after investing tens of millions in its Series A, is poised to have one of the largest windfalls from its IPO — Former Google Chief Executive Officer Eric Schmidt owns around 1% of Anthropic PBC thanks to his early investment in the startup …
Leah Nylen / Bloomberg: The US FTC clears Publicis' $2.2B LiveRamp acquisition, subject to a consent decree requiring equal access to LiveRamp's data connectivity tools for all clients — The US Federal Trade Commission said it will allow Publicis Groupe SA to complete the $2.2 billion acquisition of LiveRamp Holdings Inc …
Paige Smith / Bloomberg: Ramp says it applied to the US OCC for a trust bank charter that, if approved, would allow it to offer fiduciary investment management and digital asset custody — Financial technology firm Ramp said it applied with the Office of the Comptroller of the Currency for a trust bank charter …
Bloomberg: Sources: Nscale is in talks for a second deal with Anthropic worth ~$45B to deliver 460MW of computing power at its West Virginia campus using Vera Rubin chips — Nscale Ltd., the AI cloud computing firm, is in talks to sell computing power to Anthropic PBC in a deal that could be worth about $45 billion …
Bailey Lipschultz / Bloomberg: Sources: Nscale faces investor pushback on its ~$30B IPO valuation, with some urging a lower valuation of $16B to $19B, as Microsoft exits a UK data center deal — Nscale Ltd. is facing opposition to the valuation target it's pursuing in its initial public offering, according to people familiar …
Mark Gurman / Bloomberg: Sources: HomeView units sat in warehouses for months; Apple plans a Nov. 6 store reset, likely for new Macs; iPhone Duo preorder mess could boost 18 Pro sales — Also: The company is planning Nov. 6 retail store reset, indicating potential Mac release date.
Bloomberg: GTCR and Elliott agree to acquire and take private CCC, a Nasdaq-listed car insurance software provider, for $4.6B; the deal values CCC at $6.1B including debt — GTCR and Elliott Investment Management are acquiring car-insurance software provider CCC Intelligent Solutions Holdings Inc …
Bloomberg: Filing: Disney agreed to hire 60+ staff from Character.AI and pay them ~$180M over three years, plus $30M for retention awards; a bankruptcy judge must approve — More than 60 workers at Character.AI are being offered a lifeline from the media giant … Soft Landing — Layoffs are common in bankruptcy.
Saritha Rai / Bloomberg: DeepSeek releases V4.1-Flash-1017, an update it says offers “stronger benchmark performance, faster task completion, and shorter outputs” than its predecessor — DeepSeek released an update of its AI model this weekend that it says is faster and leaner, ramping …
Bloomberg: Zelenskyy says Starshield restrictions remain and are affecting only Ukraine, leading him to believe they are a “planned operation” rather than technical issues — Restrictions on Ukraine's military use of SpaceX's Starlink system appear to be deliberate and not the result …
Preeti Singh / Bloomberg: A profile of Blackstone President Jon Gray, who is making AI his biggest bet, has built a $200B data center empire, and is building a cloud venture with Google — From data centers and chip financing to AI advice on potential deals, the technology is everywhere at the alternative-investment giant
Mark Gurman / Bloomberg: Sources: Apple has hired Scott Tucker, Meta VP and deputy general counsel, as its new litigation chief, as part of a shakeup in its legal team — Apple Inc. has tapped a longtime Meta Platforms Inc. executive as its new litigation chief, bolstering its legal team at a time when the iPhone maker faces a growing array of lawsuits.
Bloomberg: Sources: SoftBank weighs buying US security services giant Allied Universal at an ~$18B equity valuation, as Masayoshi Son explores deploying AI-powered robots — SoftBank Group Corp. is considering an acquisition of Allied Universal, the largest security services company in the US …
Dylan Sloan / Bloomberg: Three CoreWeave co-founders have sold $3.3B in stock since its March 2025 IPO, including $2.4B in 2026 alone; CoreWeave stock fell 60%+ from its June 2025 peak — Three CoreWeave Inc. co-founders have sold $3.3 billion in company shares since last year's initial public offering …
John Harney / Bloomberg: In its first meeting, Trump's Super Intelligence Force says it plans to commission a report on AI risks and develop protocols for labs to provide early warnings — President Donald Trump's artificial intelligence task force in its first meeting agreed on Thursday to address risks related to cybersecurity …
Kate Sullivan / Bloomberg: A US official says Trump didn't order any limitations on Ukraine's access to SpaceX's Starshield; Elon Musk said any limits are ultimately decided by POTUS — President Donald Trump didn't order any limitations on Ukraine's access to SpaceX's Starshield satellite technology, according to a senior US official.
Bloomberg: Sources: ByteDance is in advanced talks to buy data center ASICs from MediaTek, potentially becoming its second major customer for such chips after Google — ByteDance Ltd. is close to an agreement to buy MediaTek Inc. data center semiconductors, a deal that would secure vital components …
Bloomberg: OpenAI agrees not to use trade secrets that Apple claims were stolen while their lawsuit plays out, and to collect forensic images of 14 employees' devices — OpenAI agreed not to use trade secrets that Apple Inc. claims were stolen by employees who defected from the iPhone maker …
Dave Lee / Bloomberg: Amazon aims to have 5,000 drivers wearing its smart glasses in 2026, rising to 20,000+ in 2027; the glasses capture static images for its AI mapping platform — Coming soon up a garden path near you: an Amazon.com Inc. driver wearing smart glasses, almost constantly taking pictures and sending …
Chris Welch / Bloomberg: Amazon unveils a faster, slimmer $60 Fire TV Stick 4K, simplifies its Fire TV Stick lineup, and plans to roll out an upgraded Alexa+ living room hub in November — Amazon.com Inc. announced a faster, slimmer Fire TV Stick 4K streaming device alongside a revamped remote control and upgrades to Alexa+ for the living room.
Natalie Lung / Bloomberg: DoorDash opens US waitlists for an Apple Messages-integrated AI agent for ordering and a B2B API allowing assistants like Slack bots to execute bulk orders — DoorDash Inc. unveiled an artificial intelligence agent for ordering food that works inside Apple Inc.'s Messages app …
Samantha Kelly / Bloomberg: Tinder rolls out Group Hangouts in select US markets, letting a user form a group of three to 15 friends around shared activities, as it courts younger users — Tinder is launching a new feature called Group Hangouts designed to take the pressure off one-on-one dates, marking its latest effort …
Mark Gurman / Bloomberg: Sources: Apple is set to launch its smart home expansion on October 13, including a hub with a 6" screen and an iMac G4-like design and a HomePod mini refresh — Apple Inc. plans to make its long-delayed push into the smart-home market on Oct. 13, marking a critical product expansion …
Inci Ozbek / Bloomberg: Censorship monitor EngelliWeb says X blocked nearly 500 accounts in Turkey, including those of journalists, economists, and academics, after court orders — The social media platform X made nearly 500 accounts from journalists, economists, academics and other public figures inaccessible …
Liana Baker / Bloomberg: Cyber defense tech company RedLattice plans to go public via the Bold Eagle Acquisition Corp. SPAC, in a deal valuing RedLattice at ~$1.25B including debt — Private equity-backed cyber defense technology firm RedLattice said it's going public via a merger with blank-check company Bold Eagle Acquisition Corp.
Amy Thomson / Bloomberg: Nvidia increases its share buyback program by $150B, raising the remaining authorized amount to $235B, aiming to complete it through FY 2028; NVDA is up 20% YTD — Nvidia Corp., the chip developer at the heart of the artificial intelligence boom, increased the size of its share buyback plan …
Bloomberg: Sources: China has expanded its foreign travel restrictions to include the direct relatives, such as spouses and children, of certain key AI and chip executives — China has expanded overseas travel restrictions for top AI professionals in private firms to include the families of key personnel …
Bloomberg: A look at the wave of Google DeepMind researchers who have exited recently to launch their own AI startups focused on alternatives to LLMs — When a group of 15 Google DeepMind employees and alumni met for a breakfast this month in central London, the conversation quickly turned …
Peter Blumberg / Bloomberg: A US federal judge dealt fresh setbacks to Deel in the Rippling case over alleged spying, including rejecting its bid to strike testimony from a central witness — Deel Inc. was hit with new setbacks in Rippling Inc.'s corporate espionage litigation against the HR startup.
Matthew Brockett / Bloomberg: Bitget halts withdrawals after detecting unauthorized transfers from some hot and warm wallets, affecting ~$351.6M; CEO Gracy Chen says “user funds are safe” — Crypto exchange Bitget said it detected unauthorized transfers from some of its hot- and warm-wallet infrastructure and activated emergency response protocols.
Bloomberg: Sources: Oracle sent a force majeure notice to Blue Owl to delay payments on the 2.45GW Project Jupiter data center in New Mexico if it fails to launch in 2028 — Oracle Corp. is moving to shield itself from racking up expenses on a massive data center being built in New Mexico …
Bloomberg: Tencent launches TenPayGo, a payment app for foreign visitors to China that lets them pay tens of millions of merchants via Visa, Mastercard, and Apple Pay — Tencent Holdings Ltd. launched a standalone payment app for foreign visitors to China, stepping up competition against rival Ant Group Co.
Sana Pashankar / Bloomberg: Seattle-based satellite startup Hubble, which is working to enable global Bluetooth connectivity, raised $200M at a $1.6B valuation, for $300M in total funding — Satellite startup Hubble Network raised $200 million in a new funding round, taking the company's valuation to $1.6 billion …
Natasha Mascarenhas / Bloomberg: Bessemer raised $5.75B, allocating $4B to growth-stage funding, including young companies raising large rounds at high valuations, and $1.75B for early-stage — Bessemer Venture Partners is set to announce $5.75 billion in fresh funding to support a broader shift towards more growth stage investments …
Henrique Almeida / Bloomberg: Portuguese surveillance drone maker Tekever raised $580M ed by UC Investments at a $6.4B valuation, after securing a UK MOD contract worth £400M over 10 years — Tekever, a Portuguese developer of surveillance drones, is seeking acquisitions after the first close of a funding round that targets raising $580 million.
Bloomberg: Analysis: 30 Chinese tech stocks with the largest overseas revenue exposure returned 36% YTD, outperforming the 8% return from domestically dependent peers — China's push for global AI supremacy is increasingly benefiting companies that supply the rest of the world, with investors favoring …
Katrina Manson / Bloomberg: Sources: after a deadly school strike in Iran, US Central Command changed its targeting process, integrated open-source data, and upgraded Palantir's Maven — The changes include refining processes for vetting targets and adding open-source data feeds to better track civilian movement.
Olivia Poh / Bloomberg: Australian healthcare AI startup Heidi raised $340M, including a $100M Series C led by Blackbird at a $900M valuation, taking its total funding to $430M+ — Heidi, an artificial intelligence startup which helps doctors automate clinical notes and other administrative work …
Yash Roy / Bloomberg: US Treasury Secretary Scott Bessent says OpenAI's Hugging Face hacking incident is “the responsibility of the OpenAI management, not a bunch of agents” — Treasury Secretary Scott Bessent said the responsibility for the recent hacking incident involving OpenAI's advanced artificial …
Bloomberg: Nscale's S-1: Microsoft and Anthropic account for 85% of its $103B in total contract value, only $2.6B of contract value was active as of late August, and more — Nscale's 1,000-fold increase in contacts over the last three years is mainly due to two clients thirsty for artificial intelligence …
Subrat Patnaik / Bloomberg: Filing: Oura is seeking to raise up to $2.2B in its US IPO, marketing 50M shares at $40 to $44 each, giving it a $14.1B valuation at the top of its price range — Health and fitness ring-maker Oura Inc. and some of its backers are seeking to raise as much as $2.2 billion in an initial public offering.
María Paula Mijares Torres / Bloomberg: Trump says he will appoint an AI czar and form an “AI Force”, in a Truth Social post that rejects AI safety concerns as a “hoax” — President Donald Trump said he would name an artificial intelligence czar as he continued to push tech companies to race ahead with development despite growing fears safety.
Anup Roy / Bloomberg: ING: India's software services exports have risen to ~5.2% of GDP from 3.3% before the pandemic, as AI pushes the country's IT industry toward higher-value work — India's outsourcing industry is showing little sign of losing ground to artificial intelligence as the country moves …
Lydia Beyoud / Bloomberg: The US CFTC exempts “passive software” providers from broker registration if they never hold user assets, expanding crypto and prediction market online trading — The Commodity Futures Trading Commission moved to expand crypto and prediction market trading via online platforms …
Bloomberg: King Charles III hosts tech leaders, including Jensen Huang, Demis Hassabis, and OpenAI CFO Sarah Friar, to discuss AI risks; Huang calls for AI safety tests — Titans of the artificial intelligence industry gathered in Scotland to hear Britain's monarch challenge them to control their inventions.
Bloomberg: DoorDash says Costco members can order same-day delivery from every US Costco warehouse, after Uber expanded its delivery partnership from 17 to 47 US states — DoorDash Inc. and Uber Technologies Inc. are expanding their delivery partnership with Costco Wholesale Corp. …
Sankalp Phartiyal / Bloomberg: At India's Semicon, Narendra Modi launches a charm offensive for global investors, drawing pledges from Applied Materials and Lam for billions in investment — Prime Minister Narendra Modi launched a charm offensive for global investors at India's top chip-industry event …