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| SoftBank's AI gamble: The Japanese conglomerate reported a quarterly profit as its bet on OpenAI paid off with an investment gain of almost $20 billion. Google antitrust troubles: The Alphabet company has been targeted by European regulators over concerns it's illegally rigging the cost of advertising on its search engine — similar charges to those that led to an antitrust trial in the US. IBM is hiring: The tech company said it will triple entry-level hiring in the US this year, though for "totally different jobs" than in the past because artificial intelligence has changed the nature of its work. iPhone stands alone: Apple's flagship device was the only smartphone line to register growth in China sales in January, according to Counterpoint Research. | |
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| Artificial intelligence startup Simile raised $100 million from investors led by Index Ventures. The company, which just emerged from stealth status, is developing an AI model to help companies predict human behavior, including by guessing items customers might purchase. Simile's novel approach, if successful, may provide another option for companies to assess consumer behavior beyond relying on focus groups. | |
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| AI chip startups dream of competing with industry heavyweight Nvidia, Dina Bass writes in today's Tech In Depth. With big money backing, and a focus on a specialized area, the upstarts are trying to exploit what they see as a slight crack in Nvidia's dominance, 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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| Ahead of the Podcast Business Summit, Ashley Carman writes in this week's Soundbite that the flood of AI generated songs are clogging the music streaming services and squeezing out room for legitimate, but less-popular soundtracks. 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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