Electronic design-automation providers stand to gain $6 billion through 2030, Bloomberg Intelligence's AI scenario analysis shows, with AI-enabled tools like Synopsys' DSO.ai and Cadence's Cerebrus seeing performance gains among its customers.
Growing use of generative AI to help with product design can help shorten the window from conception to production, reducing long lead times that often produce inventory imbalances and missteps.
Bloomberg Tax and Accounting announced a new strategic partner program with major tax prep software providers in order to expand the set of available tools for users.
The kingdom is looking to companies overseas to help it meet its AI ambitions at home after years of investing billions of dollars overseas.
Tech giants are set to spend a staggering $200 billion on AI-related capital expenditures this year, according to Bloomberg's calculations, marking an all-time high for these
Alphabet Inc.’s Google plans to preview artificial intelligence technology that takes over a web browser to complete tasks such as research and shopping, the Information reported.
Companies are aggressively recruiting top AI talent, with some offering lucrative compensation.
Meta Platforms is the second-largest adtech company, and investments in AI are boosting engagement across its social ... it already factors into overall market value today based on future potential. Bloomberg recently reported that Waymo was valued above ...
SK Hynix Inc. is accelerating the launch of its next-generation AI memory chips after Nvidia Corp. Chief Executive Officer Jensen Huang asked the South Korean supplier if it can provide samples six months earlier than originally planned,
Apple will reportedly drop another batch of Apple Intelligence features during the first week of December. AI emojis, ChatGPT, and more are expected.
Other deals that got my attention … DeepRoute.ai, the Shenzhen-based autonomous driving technology ... Waymo closing a $5.6 billion round from parent company Alphabet. Welp, Bloomberg sniffed out the valuation, which is now $45 billion, according to ...