AI World Cup experts

Chinese AI firms are pitching their models ability to pick the outcome of the sporting event  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Here’s your wrap of the latest must-read tech news. For more expansive and analytical coverage from around the globe, get the Tech In Depth newsletter. Market Snapshot Super Micro Computer Inc $28.15 -8.1% Alibaba Group Holding Ltd $95.51 +0.7% Meta Platforms Inc $562.60 +2.2% Market data as of 07:16 PM ET. Data is subject to provider delays. Your watchlist Top Stories Raid on Super Micro: The server maker’s offices in Taiwan were raided by government authorities as part of a probe into the alleged smuggling of Nvidia chips into China. The company says it’s cooperating. Lobbyists drop Alibaba, Tencent: Washington’s most powerful lobbying firms are rushing to cut ties with the Chinese tech giants. They’re trying to meet tighter Pentagon lobbying restrictions. WhatsApp usernames: The message service owned by Meta says it will now give people the option to create usernames. It’s a privacy move. Must Reads Comcast Plans to Spin Off NBCUniversal in Strategy Reversal Comcast Corp. plans to spin off NBCUniversal and Sky, unwinding a strategy that began more than a decade ago after struggling to demonstrate that a cable and media conglomerate would benefit shareholders. Samsung, SK to Spend $880 Billion to Drive Korea’s AI Lead South Korea is orchestrating investments of at least 1,350 trillion won ($880 billion) from companies including Samsung Electronics Co. and SK Hynix Inc. into chips and data centers, a giant outlay in digital infrastructure it called essential to surviving the AI era. Microsoft’s $613 Billion Rout Sets Up Its Worst Month Since 2000 Microsoft Corp. shares are heading for their worst month in years as investors continue to fret about how the software giant will fare in a world marked by artificial intelligence. Beyond The Brief Chinese AI companies have found a new way to promote their models: picking the outcome of World Cup matches, Henry Ren and Luz Ding report in today’s Tech In Depth. The marketing campaign has even led to a reality show in which people compete against the bots to see who’s the better expert, they write. Get the Tech In Depth newsletter for analysis and scoops about the business of technology from Bloomberg’s journalists around the world. This Week In Power On Apple’s decision to raise its prices on laptops and other devices, citing the memory chip crunch, is directly related to the AI boom, Mark Gurman reports in this week’s Power On. The increases run counter to the iPhone maker’s effort to make products like the Mac more affordable, but executives felt the company couldn’t afford to absorb the higher costs any longer, he writes. Sign up for the Power On newsletter to get the inside scoop from Mark Gurman on all things Apple and consumer tech. Before You Go... Millennium Builds AI Lab in Push for Cutting-Edge Products Millennium Management is setting up an artificial intelligence laboratory to expand the development and application of cutting-edge technologies at the firm. Read more We’re improving your newsletter experience and we’d love your feedback. If something looks off, help us fine-tune your experience by reporting it here. Follow Us You received this message because you are subscribed to Bloomberg’s Tech In Brief newsletter. If a friend forwarded you this message, sign up here to get it in your inbox. Unsubscribe Bloomberg.com Contact Us Bloomberg L.P. 731 Lexington Avenue New York, NY 10022 |