Bloomberg

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Trump's Mideast Visit Spurs AI Boom

President Trump's visit to the Middle East sparks significant AI deals, highlighting the region's tech ambitions.
Saudi Arabia and UAE set to gain access to advanced AI chips from Nvidia and AMD, key for AI model development.
Major...

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For over a decade, a $20b company has done a radical experiment. No one has a boss. Decisions are guided an internal currency system called Will

Summary of "Can you run a company as a perfect free market? Inside Disco Corp"

The Financial Times article explores Disco Corp, a Tokyo-based semiconductor equipment manufacturer valued at $20.8 billion, which has operated under a r...

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Intel to layoff 20% workforce

https://www.reuters.com/technology/intel-cut-over-20-workforce-bloomberg-news-reports-2025-04-23/

reuters.com

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Deel's Comms Chief Quits Amid Spying Scandal

Elisabeth Diana, Deel's head of communications, has left the company, according to her LinkedIn profile.
Bloomberg reported that Diana's resignation follows accusations of Deel planting a spy at rival Rippling.
Rippling is suing De...

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India's $100 Billion Tech IPO Boom by 2027

Over three dozen tech startups, valued at $100 billion, are set to go public in India by 2027.
Companies like Flipkart, PhonePe, and Oyo Hotels are among those planning IPOs.
A majority of the startups have achieved profitability a...

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OpenAI Secures Historic $40 Billion Funding

OpenAI is nearing the completion of a $40 billion funding round led by SoftBank Group Corp, as reported by Bloomberg News.
The funding round includes notable investors such as Magnetar Capital, Coatue Management, Founders Fund, and A...

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Perplexity Eyes $1B Funding at $18B Valuation

Perplexity, an AI-powered search startup, is reportedly in talks to raise up to $1 billion.
The new funding round is expected to value Perplexity at $18 billion, doubling its current valuation.
Bloomberg reported that Perplexity’s ...

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Morgan Stanley Layoff 2025

https://www.reuters.com/business/finance/morgan-stanley-cut-about-2000-jobs-bloomberg-news-reports-2025-03-18/

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Apple's Bold Move: iPhone 17 Air Teases Port-Free Future

Apple is set to launch the iPhone 17 Air this fall, a slimmer model with a blend of high-end and low-end features.
Engineers faced significant challenges in creating thinner batteries without sacrificing battery life.
The iPhone 17...

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YouTube Launches Affordable 'Premium Lite' Tier

YouTube is set to introduce a new 'premium lite' subscription tier, according to Bloomberg.
This lower-priced tier will be available in the U.S., Australia, Germany, and Thailand.
The 'premium lite' service grants ad-free access to...

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