Alibaba’s Happy Horse

Hi, you’re receiving our free Tech In Brief newsletter because you had been getting one of Bloomberg’s technology newsletters that are now subscriber-only. You can manage your subscriptions here.

Tech Across the Globe

Microsoft price hikes: The company raised the prices of its Surface devices, handing consumers the costs of more expensive memory chips. Check out the increase here.

Kid gamers: Roblox is introducing special age-verified accounts for young children and teens. See why the game platform is under pressure to make the move.

Paramount pushback: Hollywood actors, directors and screenwriters oppose Paramount’s $110 billion takeover of Warner Bros., saying the deal will cost jobs and hurt the movie-going public. Here are some of those protesting the acquisition.

Related stories

Technology

Intel’s $100 Billion April Rally Makes It Market’s Hottest Stock

Intel has quickly become one of the hottest stocks in the S&P 500 index thanks to a nine-day surge that has added more than $100 billion in market value.

Industries

Goldman Is Using Mythos, Working With Anthropic on Cyber Risks

Goldman Sachs is “supplementing” its cyber and infrastructure resilience after regulators warned the largest US banks about the latest artificial intelligence model from Anthropic, CEO David Solomon said.

Technology

Oracle Agrees to Buy Power From Bloom for AI Data Centers

Oracle agreed to purchase as much as 2.8GW of fuel-cell power from Bloom Energy to supply data centers for artificial intelligence work.

Must Read

The new top-ranking AI video generator is called Happy Horse, a stealth project that stirred investor intrigue last week due to its pseudonymous creator. It turned out to be Alibaba, and Luz Ding recounts the mystery, guessing games and likely strategy behind the move in today’s Tech In Depth essay.

Bloomberg Event

Bloomberg Tech returns to San Francisco in early June. The conference, led by Emily Chang and Tom Giles, convenes CEOs, leading investors and top innovators shaping the future. Drawing on Bloomberg’s global newsroom and Terminal data, we’ll explore the capital, connectivity and ideas driving the industry forward. Register here!

This Week in Power On

Apple is working on several frame styles and a unique camera design for its first smart glasses, as it prepares to compete with Meta’s AI Ray-Bans, Mark Gurman reports in this week’s Power On. The glasses are part of a broader, three-pronged AI wearables strategy for the iPhone maker, he writes.

More from Bloomberg

Get Tech In Depth and more Bloomberg Tech newsletters in your inbox:

• Cyber Bulletin for the shadow world of hackers and cyberespionage
• Game On for diving deep inside the video game business
• Power On for Apple scoops, consumer tech news and more
• Screentime for a front-row seat to the collision of Hollywood and tech
• Soundbite for the podcasting and music industries plus audio trends
• Q&AI for answers to all your questions about AI

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.

|