Tech In Depth

AI Has Already Changed Software Contracts: They’re Shorter

Customers fear long-term deals will leave them with obsolete products
The Anthropic Claude logo on a smartphone. AI tools developed by Anthropic have upended the software industry.Photographer: Gabby Jones/Bloomberg
Lock
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, Rebecca Torrence looks at how AI tools are changing the way business customers are thinking about their software buying habits.

Switch 2 sales: Nintendo is cutting back production of the game console after sales in the year-end holiday season trailed expectations, particularly in the US.