Robots make strides

Two events in China showed progress, but the robotics industry still has far to go. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

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 NVIDIA Corp $208.48 -2.9% ARM Holdings PLC $238.78 -1.9% QUALCOMM Inc $158.53 -1.4% Market data as of 02:35 AM ET. Data is subject to provider delays. Your watchlist Top Stories Chips in China: Taiwan indicted a senior Nvidia manager and eight others, accusing them of shipping servers with AI chips to China in violation of US export restrictions. It’s the island’s first such crackdown on the black market trade. Chips in space: Elon Musk said SpaceX will launch its first orbital AI data center in the fourth quarter of 2027. The company will use Nvidia technology. Chips in use: Chinese hackers are increasing their attacks by incorporating open-source AI models, researchers found. DeepSeek is their favorite tool. Top Reads Alibaba Raises $10 Billion in Record Hong Kong Share Sale Alibaba Group Holding Ltd. raised HK$80 billion ($10.2 billion) in Hong Kong’s biggest follow-on offering, underscoring its willingness to amass and spend vast sums to take the lead in global artificial intelligence. Nvidia’s Trillion-Dollar Chip Market Has Friends and Foes Closing In The chipmaker remains dominant for now, but an onslaught of companies is encroaching on its territory. Stocks Fall as Chip Rout Overshadows Drop in Oil: Markets Wrap Wall Street kicked off the week on a cautious note, with a selloff in chipmakers outweighing an oil drop as traders parsed Treasury Secretary Scott Bessent’s plan to isolate Iran from the global economy. Beyond The Brief Robotics companies displayed their latest humanoid models at two major events in China recently, Saritha Rai reports in today’s Tech In Depth. While the robots could run faster and jump higher than before, they still haven’t mastered the useful tasks that would make them part of everyday life, she 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 Power On Apple’s first foldable phone will bring some of the iPhone maker’s product magic back, Mark Gurman writes in this week’s Power On. While foldable smart phones have been on the market for years, Apple’s entry next month is sure to grab more consumer interest and invigorate the category, 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... Smart Ring Maker Oura Is Said to Seek Up to $3 Billion in IPO Oura Health Oy, a maker of smart rings that track health and sleep, and some of its backers are seeking to raise as much as $3 billion in a US IPO, according to people familiar with the matter. 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 |