Alphabet Inc.’s Google is backing artificial intelligence developer Anthropic with a further $1 billion, building its stake in one of the most promising rivals to OpenAI.

At an appeals hearing at the European Union’s, EU, Court of Justice, Google accused the EU antitrust watchdogs of blundering their way through

Apple Inc. and Google removed TikTok from their mobile app stores in the US as required by a law that took effect Sunday, after the social media company’s legal challenges failed to head off the measure passed last year to address national security concerns.

US President Donald Trump blasted European Union regulators for targeting Apple Inc., Alphabet Inc.’s Google and Meta Platforms Inc., describing their cases against American companies as “a form of taxation.

Samsung and Google are teaming up on augmented-reality glasses, competing with Apple and Meta in the wearable-tech space.

Investors believe DeepSeek’s AI debut will not impact the Magnificent Seven companies, with 88% of respondents expecting minimal effects on the S&P 500. The survey highlights President Trump’s policies as a primary driver of market volatility this year,

Amazon.com Inc. is expected to spend 60% more than previously announced on a massive data center project in Mississippi, underscoring the escalating costs for artificial intelligence infrastructure.

Summers Value Partners, an investment management company, released its fourth quarter 2024 investor letter. A copy of the letter can be downloaded here.

Welcome to Tech In Depth, our revamped daily newsletter with reporting and analysis about the business of tech from Bloomberg’s journalists around the world. Today, Kurt Wagner writes that the emergence of an AI model developed at a lower cost by a Chinese startup might prove beneficial to Meta Platforms Inc.

Summers Value Partners, an investment management company, released its fourth quarter 2024 investor letter. The Summers Value Fund LP returned a net return of 27.4% in 2024 outperforming 11.3% return for its primary benchmark,

The race is on to build the fastest, most efficient AI models and hopefully tech companies will start developing the products we want to use.

Apple Inc. gave a reassuring revenue forecast for the current quarter, helping boost shares of the world’s most valuable company after its holiday results showed jarring declines for China and the iPhone.