OpenAI cranks up the PR machine

The AI company is takes it legal fight against Apple to the court of public opinion  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

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 Airbnb Inc $178.07 +17% Recruit Holdings Co Ltd ¥16,165.00 +23% Lenovo Group Ltd HK$29.00 +3.2% Market data as of 06:50 AM ET. Data is subject to provider delays. Your watchlist Top Stories AI on the loose: Kimi K3, the newest artificial intelligence model from Chinese startup Moonshot AI, escaped a cybersecurity testing environment. The episode is part of a concerning pattern in the industry. AI in your home: Meta on Monday released a lightweight new model designed to be able to run on laptops and home computers. Muse Glimmer is tailored to do agentic tasks like managing your schedule. SK Hynix expansion plans: The South Korean memory-chip maker said it would put $38 billion toward two new manufacturing plants. Demand has exploded. Europe adds satellites: The EU said it will expand its proposed sovereign satellite system by 66 to 348 and move up its launch date to 2029. Security for its member countries is a driving force of the project. Must Reads Big Tech Stocks Storm Back as AI Fears Fade and Euphoria Resumes After spending much of the year in the stock market doghouse over fears about their profligate spending on artificial intelligence, the world’s biggest technology companies are suddenly leading the way once again. Sports Fans Stare Down $2,000 Streaming Bill to Follow Favorites Watching every game a team plays requires multiple subscriptions and a messy schedule for fans outside the home market. Airbnb Jumps Most Since 2020 After Lifting Annual Outlook Again Airbnb Inc. had its biggest single-day stock rally in more than five years after boosting its annual revenue forecast for a second time this year. Beyond The Brief OpenAI is fighting accusations of trade secrets theft by Apple in the courtroom and the court of public opinion, Austin Carr reports in today’s Tech In Depth. The AI company’s strategy mirrors one that Big Tech companies, including Apple, have taken in the past to try to sway the opinions of consumers regardless of the outcome of a legal battle, he writes. 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 Soundbite Universal Music has emphasized streaming services as a way to spur growth, Ashley Carman reports in this week’s Soundbite. But investors haven’t yet seen the payoff and they were decidedly unhappy last week, she writes, sending the shares down after the company reported subscription streaming revenue increased 7% — falling short of analysts’ estimates. Sign up for the Soundbite newsletter to get exclusive reporting on podcasting, the music industry and audio trends from Ashley Carman. Before You Go... Silicon Valley Rallies Around AI Whiz Kid After Situational Awareness Turmoil One week after Leopold Aschenbrenner’s hedge fund Situational Awareness nearly blew up, he’s already getting requests from investors looking to place more money with the artificial intelligence wunderkind. 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 |