Friday, February 28, 2025

Indonesia’s pressure on Apple

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Tech Across the Globe

Chip curbs: Top executives at Microsoft, Amazon and Nvidia are urging the Trump administration to hold off on any tighter export restrictions on US computer chips.

CEO pay jump: SAP leader Christian Klein's pay package jumped 165% to €19 million in 2024, his largest-ever compensation as the company's share price hit a record.

Dell's AI server boom: The hardware maker said it expects to ship $15 billion worth of powerful servers for AI work in the fiscal year, but the tight margins on those machines concerned investors looking for the company to squeeze out more profit.

Revalued

YouTube star MrBeast is capitalizing on his popularity. The online personality, whose real name is Jimmy Donaldson, is looking to raise $200 million in a funding round that would value his business at about $5 billion.

Must read

In today's Tech In Depth, Faris Mokhtar looks at the pressure Indonesia put on Apple to gain $1 billion in investment, including a commitment to build a factory for AirTags, in exchange for allowing the sale of the new iPhone 16 models in the country. For more of Bloomberg's coverage of the tech industry, subscribe here.

This week in Q&AI

Shirin Ghaffary reports in this week's Q&AI on the growing debate about the definition of artificial general intelligence — as well as the differing viewpoints on how close researchers are to achieving the goal. For more of Shirin's coverage of the AI industry, subscribe here.

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