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| Nvidia's good-but-not-great results: The company said its new chip design for artificial intelligence work, called Blackwell, generated $11 billion in revenue in the quarter, although the "fastest product ramp" in its history is weighing on profit margins. Amazon reboots Alexa with AI: Amazon unveiled a long-awaited upgrade to its Alexa digital assistant, which now uses artificial intelligence to generate answers on the fly and do things such as book restaurant reservations and send text messages. In a demonstration, it was capable of engaging in a back-and-forth conversation, whereas previously it was limited to reciting prewritten responses. Apple ends Indonesian standoff: Apple signed an agreement to invest in Indonesia, ending a five-month deadlock that prevented the company from selling the iPhone 16 in the country. The agreement includes the establishment of a plant to produce AirTags. | |
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| AI cloud computing firm CoreWeave is said to be considering an initial public offering that may raise about $4 billion and value the company at more than $35 billion. The company is a key customer of Nvidia's powerful chips for artificial intelligence and is using them to build data centers for AI-related computing. | |
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| In today's Tech In Depth, Kurt Wagner looks at how failing to pay severance to fired Twitter employees has cost Elon Musk much more in the long run. It's not a very efficient tactic for a man touting cost-cutting efficiencies for the US government. For more Bloomberg coverage of the technology industry, subscribe here. | |
This Week in Cyber Bulletin | |
| Fortaegis, a Dutch startup, is emerging from stealth with a plan to build more secure semiconductors, Katrina Manson writes in Cyber Bulletin. The company is in talks to raise more than $10 million to develop a specialized chip with strong security features. For more of Bloomberg's coverage of the cybersecurity industry, subscribe here. | |
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- Screentime for a front-row seat to the collision of Hollywood and Silicon Valley
- Soundbite for reporting on podcasting, the music industry and audio trends
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