Mashadipati

Musk’s apocalyptic vision for AI

The billionaire warns about AI’s dangers to humanity in his lawsuit against OpenAI. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

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
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Top Stories

Meta invests in robots: The social media company acquired Assured Robot Intelligence, a startup developing AI models for robots. Read why Meta made the deal.

GameStop’s gambit: The games retailer announced an audacious $56 billion bid for eBay. Ryan Cohen would become CEO of a combined entity, promising $2 billion in savings within first year. The idea was met with skepticism.

The Pentagon gets AI: The US Defense Department struck agreements with more tech companies for expanded use of advanced AI tools on classified military networks. See which companies are participating.

Must Reads

Bloomberg Event

Bloomberg Tech returns to San Francisco June 3 and June 4. Led by Emily Chang and Tom Giles, the conference convenes leading CEOs, investors and innovators who are 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.

Bloomberg Podcast

When Bob Lee, a well known tech executive famous for creating Cash App, was found stabbed to death in San Francisco, his killing set off a wave of online fury and speculation. But when a suspect was arrested for his murder, it became clear the rumors could not be further from the truth. Listen to Foundering: The Killing of Bob Lee.

Beyond The Brief

Elon Musk reverted to some of his apocalyptic rhetoric about artificial intelligence last week when he testified in his lawsuit seeking to block OpenAI’s transition to a for-profit company, Austin Carr reports in today’s Tech In Depth. The problem with taking that seriously, he writes, is Musk seems to use and drop that rhetoric depending on how it affects his business interests.

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

Jason Schreier reports in this week’s Game On from Final Fantasy XIV Fanfest, a convention in Anaheim, California, dedicated to Square Enix’s popular online role-playing game. More than 10,000 people attended the show, many dressed up in costumes based on characters from the game, and executives addressed what’s next for the franchise.

Sign up for the Game On newsletter to go deep inside the video game business with reporting and analysis from Jason Schreier.

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