Seeking more effective AI

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Tech Across the Globe

China exercises authority: The government has decided to block Meta’s $2 billion acquisition of AI startup Manus, potentially unwinding a deal that drew criticism in China for letting technology escape to the US. See what comes next.

Kimmel draws outrage: Jimmy Kimmel is in the spotlight again after President Donald Trump called for Disney’s ABC to fire the late-night talk show host for jokes about the president in his monologue last week. Here’s what Kimmel said.

Google staff speaks out: Hundreds of researchers signed a letter urging CEO Sundar Pichai to refuse to make the company’s AI systems available for US military work. Read their demands.

Related Stories

Technology

Musk Vies to Turn X Into Super App With Banking Tool Near Launch

More than three years after acquiring Twitter, Elon Musk says he’s nearing his long-stated goal of turning it into an “everything app” with a new financial services tool that he pledged to launch for the public this month.

Technology

OpenAI Breaks Free From Exclusive AI Pact With Microsoft

Microsoft Corp. and OpenAI have agreed to drop the software giant’s exclusive right to sell the startup’s AI models, opening the door for the ChatGPT maker to pursue deals with cloud-computing rivals like Amazon.com Inc.

Technology

Verizon Reports Phone Subscriber Gains Under New CEO

Verizon Communications Inc. surprised analysts Monday when it reported a gain of mobile subscribers, an early signal that new Chief Executive Officer Dan Schulman’s strategy for recapturing market share is already paying off.

Bloomberg Event

Bloomberg.com subscribers are invited to nominate candidates for the inaugural VivaTech x Bloomberg Rising Star Award, to be presented in Paris on June 18. Chosen by the Bloomberg subscriber community, the Rising Star Award honors an emerging founder, technologist, academic or creator whose work is already demonstrating meaningful early impact. It celebrates individuals whose ideas, innovation and leadership are helping shape the future of technology. Submit a nomination here.

Must Read

Venture capital firm Eclipse made an innovative move by hiring former Meta Vice President Emir Frenkel as its first chief AI officer, Natasha Mascarenhas reports in today’s Tech In Depth. In addition to helping the firm improve its use of AI, Frenkel will advise Eclipse’s portfolio companies about the best way to more effectively use the new technology, she writes.

Get the Tech In Depth newsletter for analysis and scoops about the business of technology from Bloomberg’s journalists around the world.

New From Bloomberg

Coming soon: Get the AI Today newsletter — chronicling the disruptions and threats of AI on businesses, workers, governments and economies with analysis from Bloomberg’s global newsroom.

This Week in Power On

Apple CEO Tim Cook is leaving successor John Ternus with a strong pipeline of products that includes the foldable iPhone coming in September, Mark Gurman writes in this week’s Power On. The company’s belief that it has a blockbuster product lineup was one of the reasons Cook felt the time was right to turn over Apple’s leadership to Ternus, Gurman writes.

Sign up for the Power On newsletter to get the inside scoop from Mark Gurman on all things Apple and consumer tech.

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