Miami’s Latest Hype Cycle Is Rooted in Silicon Valley
Some tech leaders and companies cast off ties to home in exodus to South Florida
This article is for subscribers only.
Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Austin Carr considers the recurring cycles of large tech companies threatening to move out of California.
China AI is different: US markets are gripped by the “AI scare trade,” but in China the mood is far more upbeat. Instead of worrying about disruption, investors are chasing perceived winners, drawn by AI’s growth prospects and its potential to drive cost savings for end users.