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| Apple's defections: The iPhone maker has lost several more AI researchers as it revamps its effort to catch up to rivals' use of the technology. Instacart-Costco partnership: The wholesaler will use Instacart's technology to power online grocery ordering in Spain and France. Peloton job cuts: The fitness company let go of 11% of its workforce, including engineers working on technology and enterprise-related efforts as part of the company's attempted turnaround. | |
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| The French health-insurance startup Alan is in talks to raise funds at a €5 billion ($5.9 billion) valuation, a boost from the startup's €4 billion valuation in late 2024. The company, one of several French startups focused on health care, is considering a fundraising round of more than $100 million. | |
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| OpenAI will advertise during the Super Bowl television broadcast this coming Sunday, the second straight year they've spent millions of dollars on a TV commercial during the National Football League's championship game, Austin Carr reports in today's Tech In Depth. While the company will reach a huge global audience — the Super Bowl is among the most-watched TV programs of the year — OpenAI and its competitors have a challenge using the ads to show off the most impressive parts of their tools, 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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| At a time of continued upheaval in the music business, record labels are taking notice of superfans and boomers who, for various reasons, still pay to download music, Ashley Carman reports in this week's Soundbite. Even the album download has had something of a resurgence, at least from a marketing perspective, and labels are building strategies around these trends, she writes. Sign up for the Soundbite newsletter to get exclusive reporting on podcasting, the music industry and audio trends from Ashley Carman. | |
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