Xi and Trump’s AI advances

Both presidents can claim big victories in the race to lead the AI age. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

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 Samsung Electronics Co Ltd ₩260,500 +3.6% Paramount Skydance Corp $8.57 -2.1% IMAX Corp $38.60 -1.7% Market data as of 02:30 AM ET. Data is subject to provider delays. Your watchlist Top Stories Chinese data center: Z.ai, formerly known as Zhipu, has built a giant data center that houses only Chinese-made chips. China is trying to replace unavailable Nvidia AI processors. AI minister: New British PM Andy Burnham named Kanishka Narayan as a member of his cabinet tasked with overseeing artificial intelligence. Narayan will be the UK’s first ever AI minister. AliExpress fined: The EU fined Alibaba’s AliExpress €550 million for not doing enough to stamp out the sale of unsafe or counterfeit products on its platform. It’s the largest penalty ever under the EU’s content moderation rulebook. Must Reads Moonshot Is Creating New Winners and Losers in the AI Trade Moonshot AI’s surprise release of a new artificial intelligence model has sent a jolt through markets, forcing investors to reassess some of the biggest assumptions behind the global tech rally. ‘Odyssey’ Sellouts Cement Nolan as Hollywood’s Biggest Hero Christopher Nolan’s star-studded interpretation of Homer’s 3,000-year-old epic poem The Odyssey is drawing audiences in numbers that put Hollywood on track for its strongest year since 2019. Dating Apps Have a Growing AI ‘Chatfishing’ Problem Singles are outsourcing chats to ChatGPT and Claude, complicating how romantic connections begin Paramount-Warner Bros. Judge Pauses Deal With Serious Issues A federal judge temporarily paused Paramount Skydance Corp.’s $110 billion takeover of Warner Bros. Discovery Inc. saying it “likely” violates antitrust law. Beyond The Brief It’s been a good few days for China’s AI ambitions, but the US also got some welcome news on that front, Vlad Savov writes in today’s Tech In Depth. While the World AI Conference in Shanghai and Moonshot’s breakthrough Kimi K3 drew the most headlines, TSMC added another $100 billion in spending to its chipmaking expansion in Arizona, leaving both Xi Jinping and Donald Trump with something to celebrate. This Week In Power On Apple’s lawsuit accusing OpenAI of appropriating the iPhone maker’s technology using former Apple employees is conspicuous for the absence of one major name: legendary designer Jony Ive, Mark Gurman writes in this week’s Power On. Ive, instrumental in the look of Apple’s products, now oversees the design of the hardware lineup at OpenAI, which bought his startup io Products for $6.5 billion, Gurman writes. Before You Go... Bezos Backs AI Startup to Discover New Materials for Chipmaking Producing the world’s most in-demand semiconductors requires enormous amounts of energy and access to rare minerals. CuspAI, a two-year-old British startup, has raised nearly half a billion dollars on its bet that artificial intelligence can improve that process. 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 |