The AI Revolution - June 19, 2023 Issue

June 19, 2023 Issue

The AI Boom Has Silicon Valley on Another Manic Quest to Change the World

The AI Boom Has Silicon Valley on Another Manic Quest to Change the World

Bloomberg Opinion

Bloomberg Opinion

No One, Not Even Trump, Is Above the Law

By Michael R Bloomberg

Miami Readies For Former President Trump's Arraignment In Federal Court

Remarks

Remarks

Private Credit’s Quiet, Unstoppable Rise Comes With Unknown Risk

By Paula Seligson

Private Credit’s Quiet, Unstoppable Rise Comes With Unknown Risk

Berlusconi’s Death Puts Italy’s Future in the Hands of Two Women

By Chiara Albanese, Daniele Lepido and Alessandra Migliaccio

Berlusconi’s Death Puts Italy’s Future in the Hands of Two Women

Business

Business

Illumina’s Sudden CEO Exit Is Just One of Many Problems Facing DNA Company

By Angelica Peebles

Illumina’s Sudden CEO Exit Is Just One of Many Problems Facing DNA Company

Is AT&T’s RTO Mandate a Mass Layoff in Disguise?

By Scott Moritz

Is AT&T’s RTO Mandate a Mass Layoff in Disguise?

Technology

Technology

ByteDance Wants to Build an Everything App to Rival WeChat

By Zheping Huang

ByteDance Wants to Build an Everything App to Rival WeChat

Spotify Takes a Sharp Turn With Its $1 Billion Podcast Division

By Ashley Carman

Spotify Takes a Sharp Turn With Its $1 Billion Podcast Division

Finance

Finance

Crypto Gets Its Moment of Clarity, But Not the One It Wanted

By Hannah Miller

Crypto Gets Its Moment of Clarity, But Not the One It Wanted

When Is a Digital Token a Security, and Why Does It Matter?

By Pat Regnier

When Is a Digital Token a Security, and Why Does It Matter?

Economics

Economics

Closing the Gender Pay Gap Requires Teeth, Not Just Transparency

By Alice Kantor

Closing the Gender Pay Gap Requires Teeth, Not Just Transparency

China Needs More Tax Revenue, Risking Backlash From Middle Class

By Tom Hancock

China Needs More Tax Revenue, Risking Backlash From Middle Class

Solutions/Aviation

Solutions/Aviation

China’s Plane Shortage Is Good News for Boeing

By Julie Johnsson

China’s Plane Shortage Is Good News for Boeing

Airlines Are Rankled About Pratt & Whitney’s Jet Engine Problems

By Ryan Beene

Airlines Are Rankled About Pratt & Whitney’s Jet Engine Problems

A Saudi Airline Embraces Luxury to End Emirates and Qatar’s Gulf Dominance

By Siddharth Vikram Philip

A Saudi Airline Embraces Luxury to End Emirates and Qatar’s Gulf Dominance

Features

Features

The AI Boom Has Silicon Valley on Another Manic Quest to Change the World

By Brad Stone

The AI Boom Has Silicon Valley on Another Manic Quest to Change the World

Microsoft’s Sudden AI Dominance Is Scrambling Silicon Valley’s Power Structure

By Max Chafkin and Dina Bass

Microsoft’s Sudden AI Dominance Is Scrambling Silicon Valley’s Power Structure

How Nvidia Became ChatGPT’s Brain and Joined the $1 Trillion Club

By Austin Carr and Ian King

How Nvidia Became ChatGPT’s Brain and Joined the $1 Trillion Club

Layoffs and AI Are Changing Tech’s Once-Invincible Job Market

By Ellen Huet

Layoffs and AI Are Changing Tech’s Once-Invincible Job Market

When a Huawei Bid Turned Into a Hunt for a Corporate Mole

By Jordan Robertson and Drake Bennett

When a Huawei Bid Turned Into a Hunt for a Corporate Mole

Last Thing

Last Thing

Google CEO Vows Not to Rush AI and Says Efficiency Drive Continues

By Brad Stone and Julia Love

Pichai