Lockheed’s focus on AI

The fabled Skunk Works is leading the company’s use of the technology  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

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. Top Stories Amazon data centers: The e-commerce giant said it would spend $1 billion over the next five years on initiatives for communities near its server farms. It’s an offer aimed at softening the public opposition. Black market chips: US export controls have spurred a sprawling shadow trade in advanced artificial intelligence chips. Nvidia’s products are at the center of the smuggling cases. Tanker hack: The FBI and US Coast Guard have found evidence that hackers breached the propulsion system of the oil supertanker VL Prosperity as it approached the Texas coast this past summer. The cyberattack has alarmed US military and intelligence officials. Must Reads Broadcom Amassing $60 Billion to Fund Chips for Anthropic Broadcom Inc.’s Wall Street syndicate is starting to gather $60 billion of fresh AI chip financing to benefit Anthropic PBC and other companies, according to people with knowledge of the matter. Google’s James Manyika: The AI Industry Can’t Police Itself Alone The longtime tech executive says AI’s risks are real, regulation is necessary and responsibility has to be shared across industry, government and society. Paramount’s $52 Billion Debt Saga Ends With Hair-Raising Finale A cast of thousands. Records smashed. Instant losses and angry phone calls. If the months-long search for debt to fund the audacious takeover of Warner Bros. Discovery Inc. by David Ellison’s Paramount Skydance Corp. were a prestige drama, the past few days would have been the messy season finale. Market Snapshot Amazon.com Inc $251.52 +1.3% Broadcom Inc $355.14 +3.3% Paramount Skydance Corp $9.50 +1.7% Market data as of 06:36 PM ET. Data is subject to provider delays. Your watchlist Beyond The Brief Lockheed Martin’s fabled development unit, Skunk Works, is leading the company’s effort to integrate artificial intelligence into its next generation of military weapons, Ed Ludlow reports in today’s Tech In Depth. The company is parlaying its decades of experience with machine learning with today’s powerful AI chips to advance its ambitions, 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 Game On September brought a deluge in new video games and October is starting at the same pace, Jason Schreier reports in this week’s Game On. But don’t worry about keeping track of them all — Jason has you covered with his guide to this fall’s titles. Sign up for the Game On newsletter to go deep inside the video game business with reporting and analysis from Jason Schreier. Before You Go... Kathleen Kennedy Is Breaking Out of Her Star Wars ‘Bubble’ The former Lucasfilm president is trying to lead Hollywood through the AI wilderness. 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 |