Mark Zuckerberg has long championed Meta Platforms Inc.’s open-source approach to artificial intelligence software — which lets other companies access and build on top of its technology — saying that having an American model as the underpinning of new products was key to ensuring US dominance over China in AI.
Welcome to Tech In Depth, our revamped daily newsletter with reporting and analysis about the business of tech from Bloomberg’s journalists around the world. Today, Ian King writes that the announcement of a new,
SoftBank Group Corp. is in talks to lead a $500 million funding round for Skild AI, a startup building robotics software, according to people familiar with the matter. The startup would be valued at $4 billion,
Bloomberg Intelligence Senior Technology Analyst Mandeep Singh discusses Deepseek, a Chinese AI startup, that has demonstrated breakthrough AI models offering comparable performance to the world's best chatbots at a fraction of the cost.
Wall Street banks, finally within striking distance of offloading debt tied to X, have a sweetener on offer for potential buyers: a claim on the social-media platform’s stake in Elon Musk’s artificial intelligence venture.
An upheaval in global markets sparked by Chinese artificial intelligence startup DeepSeek triggered volatility in digital assets, raising fresh questions about the outlook for crypto following last year’s boom in prices.
Powerful artificial intelligence software from Chinese startup DeepSeek indicates that its engineers built a competitive model despite US attempts to curtail China’s tech development, raising questions about the effectiveness of Washington’s trade curbs.
The world's 500 wealthiest individuals lost a combined $108 billion thanks to a tech-sector sell-off triggered by Chinese AI developer DeepSeek.
Tuesday’s session followed a start to the week that marked Nvidia’s worst day in years, as a roughly 17% drop led to a loss of nearly $600 billion in market value.
Investors piled back into Nvidia and other U.S. AI stocks Tuesday, although recent volatility had some on Wall Street tempering their expectations.
Five hundred of the world’s richest people collectively lost $108 billion after the Chinese-headquartered artificial intelligence company DeepSeek upended the U.S. stock market Monday, Bloomberg reported — and several of the biggest losses were among some of the Bay Area’s biggest figures in tech.
Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories.