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| More OpenAI money: Masayoshi Son's SoftBank is in discussions to invest as much as $30 billion more in OpenAI, a sharp increase in commitment from the Japanese tech investor and AI evangelist. France mulls youth social media ban: Lawmakers in France's national assembly passed a bill banning children younger than 15 from accessing popular social media sites such as Instagram. The proposal now goes to the senate. Exceptional ASML: The Dutch lithography machine maker reported orders that far exceeded expectations, a record $15.8 billion in bookings for the December quarter, powering its shares to a fresh high. China is its biggest customer. | |
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| Y Combinator, the US startup incubator behind companies like DoorDash and Airbnb, will no longer invest in firms located in Canada. The removal of Canada from Y Combinator's list of places where it will fund startups threatens to further fuel anxiety about the country's tech ecosystem, which struggles to compete with the larger and better-funded US market. | |
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| Big Tech's earnings kick off with Microsoft on Wednesday and bubble-wary investors will have another metric to worry about: the backlog of remaining performance obligations, reports Matt Day in today's Tech In Depth. Those promises of future sales for the cloud units of Microsoft, Amazon, Google and Oracle are driven by demand from AI companies — and not everyone is sure that will keep up, he writes. Get the Tech In Depth newsletter for analysis and scoops about the business of technology from Bloomberg's journalists around the world. | |
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| Apple is revamping its effort to use artificial intelligence with a Google partnership, changes to its management and new plans for the Siri digital assistant, Mark Gurman reports in this week's Power On. Sign up for the Power On newsletter to get the inside scoop from Mark Gurman on all things Apple and consumer tech. | |
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