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| Chip thiefs: Two former Google engineers and one of their husbands were indicted for allegedly stealing trade secrets relating to the company's Tensor processor for Pixel phones. The three were charged on 14 felony counts of conspiracy and theft of trade secrets and destroying evidence. ByteDance expands AI push: The Chinese tech giant is hiring in the US for about 100 open roles within its AI division, continuing its effort to compete with the world's leading American-based artificial intelligence companies. Waymo thwarted in New York: New York Governor Kathy Hochul pulled a proposal to allow commercial robotaxi service outside New York City, a blow to Waymo's plans to expand its driverless fleet in the state this year. | |
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| AI research pioneer Fei-Fei Li has raised $1 billion for her new startup, World Labs. The firm is focused on developing AI models that can navigate the three-dimensional world for use in areas such as robotics and scientific discovery. World Labs didn't disclose its value, having previously been in funding discussions at a valuation of $5 billion. | |
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| Venture capital firms have always hired people with technical know-how to help analyze investment pitches from startup founders, Natasha Mascarenhas reports in today's Tech In Depth. But with the advent of AI, now they're searching for talent — and hiring from AI companies — to maximize the technology internally and help improve their investment bets, 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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| Apple has finally snapped into action, making a number of changes to catch up with the trend in podcasts to focus on video, Ashley Carman reports in this week's Soundbite. The iPhone maker, which first popularized the concept of a podcast, had fallen behind YouTube and Spotify as the medium moved from audio-centric to video, 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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