Latest news with #LeahNylen
Mint
10 hours ago
- Business
- Mint
Meta May Be Latest to Join Big Tech Kingmakers For AI Startups
Bloomberg Published 9 Jun 2025, 08:54 PM IST (Bloomberg) -- Behind almost every leading artificial intelligence startup, you'll find a tech giant fueling its rise. Microsoft Corp., Alphabet Inc. and Inc. have invested billions in the top artificial intelligence startups, supercharging the fast-growing AI sector and establishing the old guard of technology companies as kingmakers for a new generation of businesses. Meta Platforms Inc. is set to join the fray: The social-media giant is in talks to make a multibillion-dollar investment into artificial intelligence startup Scale AI, Bloomberg News reported over the weekend. The deals have attracted their fair share of scrutiny. Governments including the US, the UK and the European Union have reviewed some of these investments and partnerships, with some companies receiving requests about how such arrangements may affect the competitive landscape for AI development. Microsoft is arguably the company that touched off the race among tech giants to partner with leading AI startups, paving the way with its $13 billion bet on OpenAI. Salesforce Inc. led a round in Hugging Face at a $4.5 billion valuation. Alphabet and have invested billions in OpenAI rival Anthropic. And Nvidia Corp. seemed to back almost every AI startup of note. For AI companies, these deals with Big Tech can serve as a vital lifeline. It's extremely costly and computationally intensive to build large language models, the technology that underpins AI chatbots like ChatGPT. The tech giants are among the only companies with the infrastructure and funds to support these efforts. --With assistance from Leah Nylen. More stories like this are available on
Bloomberg
30-04-2025
- Business
- Bloomberg
Google Eyes Gemini-iPhone AI Deal This Year, Pichai Tells Court
By , Davey Alba, and Leah Nylen Save Alphabet Inc. Chief Executive Officer Sundar Pichai said in court proceedings Wednesday that he hopes that Gemini, his company's AI service, will be added as a built-in option for iPhones this year. Apple Inc.'s AI system, known as Apple Intelligence, uses its own models for the majority of artificial intelligence tasks available on the iPhone, iPad and Mac. But the company also has partnered with OpenAI 's ChatGPT for integration into Siri and Writing Tools, a feature for creating and editing text across the operating system.
Business Insider
28-04-2025
- Business
- Business Insider
Google browser chief tells judge only Google can run Chrome, Bloomberg says
Parisa Tabriz, the browser's general manager, said Google is the only company that can offer the level of features and functionality that its Chrome web browser has, Leah Nylen of Bloomberg report, citing comments made as part of the Justice Department's antitrust case in Washington federal court. 'Chrome today represents 17 years of collaboration between the Chrome people… Trying to disentangle that is unprecedented,' Tabriz said. The Justice Department has asked that Google be forced to sell its Chrome browser and share some of the data its collects to create its search results. Stay Ahead of the Market: Discover outperforming stocks and invest smarter with Top Smart Score Stocks. Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener.
Yahoo
24-04-2025
- Business
- Yahoo
Justice Department looking into Disney, FuboTV deal, Bloomberg reports
Justice Department antitrust officials are looking into Disney's (DIS) deal to take a controlling stake in FuboTV (FUBO), Leah Nylen and Josh Sisco of Bloomberg report, citing people familiar with the plans. The officials are scrutinizing whether the deal would unduly concentrate the market for sports streaming, sources told Bloomberg. Disney in January agreed to merge its Hulu + Live TV streaming service with FuboTV. Shares of Fubo are down 3% to $2.92 following the report. Discover outperforming stocks and invest smarter with Top Smart Score Stocks. Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on FUBO: Disclaimer & DisclosureReport an Issue Justice Department probing Disney deal with FuboTV, Bloomberg says FuboTV falls 3% to $2.89 after Bloomberg report of DOJ probe FuboTV retains exclusive rights to Premier League in Canada Now Streaming: Amazon CEO says Prime Video has positive impact on Prime business Unusually active option classes on open April 11th Sign in to access your portfolio
Bloomberg
19-03-2025
- Business
- Bloomberg
Trump Sets Up Another Test of Presidential Power With FTC Firings
This is Washington Edition, the newsletter about money, power and politics in the nation's capital. Today, antitrust reporter Leah Nylen looks at the impact of the political realignment at the Federal Trade Commission. Sign up here and follow us at @bpolitics. Email our editors here. President Donald Trump's firing of two Democratic commissioners on the Federal Trade Commission sets up a showdown over a 90-year-old Supreme Court decision that Republicans long have wanted to undo.
