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| Gamers also hate AI: The backlash to AI across sectors has been particularly bitter and angry among gamers. They've seen the new tech hike the price of electronic components, degrade quality in popular games and imperil jobs. Samsung's new AI phones: The company unveiled three new smartphones, including one with a privacy screen meant to prevent snooping from passersby. Revolut share sale: Europe's most valuable startup is considering a share sale later this year, ahead of a potential IPO. | |
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| Thrive Capital, a venture investor in some of Silicon Valley's most successful businesses, has seen the value of its portfolio companies surge over the past 15 years, with its 2011 fund recently increasing nearly sixfold, documents show. | |
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| Instagram has introduced an AI shopping program that reviews videos of fashion creators and shows users low-cost options of the clothes the influencers are wearing, Annie Bang reports in today's Tech In Depth. The issue — the creators didn't know about the "Shop the Look" program, weren't endorsing the clothing being shown their fans and aren't getting a slice of the proceeds of any sale, she 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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| The most recent market selloffs after AI startup Anthropic introduced new tools shows Wall Street is having trouble figuring out the trajectory for artificial intelligence, Shirin Ghaffary reports in this week's Q&AI. For months, investors have worried that the technology won't be lucrative enough to offset the massive development costs. Now, there's growing concern that AI will be so disruptive that it upends countless software providers and businesses, she writes. You've got questions about AI. We've got answers. Sign up for Bloomberg Technology's weekly Q&AI newsletter. | |
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