By Deepa Seetharaman and Echo Wang ABILENE, Texas/NEW YORK -At the White House this year, OpenAI outlined its lofty “Stargate” infrastructure project that would cost half a trillion dollars and be developed with partners including SoftBank and Oracle. Now, after some fits and starts, OpenAI executives say the joint venture is far more expansive than…
However, as more chatbots and automated assistants take over the duties of human roles, there’s a growing cohort of executives who see shorter workweeks on the horizon—and Zoom CEO Eric Yuan can even see staffers only clocking in a few days a week. “I feel like if A.I. can make all of our lives better,…
China’s BYD Co. is forging ahead with its attempts to expand in India despite roadblocks from the government that are preventing the electric vehicle maker from conducting key business dealings there. Like most Chinese companies, BYD has been unable to obtain visas for executives after a deadly clash between Indian and Chinese soldiers along a…
President Donald Trump’s administration is reaching out to business executives to weigh interest in accompanying him on a possible trip to China this year, according to people familiar with the matter, highlighting the potential for strengthening ties between the economies even as the US signals its desire to decouple from Beijing. The Commerce Department is…
Supply Lines is a daily newsletter that tracks global trade. Sign up here. China’s antitrust watchdog is laying the groundwork for a potential probe into Apple Inc.’s policies and the fees it charges app developers, part of a broader push by Beijing that risks becoming another flashpoint in the country’s trade war with the US….
Apple Inc. lambasted the EU’s Digital Markets Act after the first known porn app for the iPhone arrived on the company’s devices in the region. The app, called Hot Tub, is available in the EU via AltStore PAL, a third-party software marketplace that became available in the region due to local requirements. The app allows…
President Donald Trump said he would ask Saudi Arabia and other OPEC nations to “bring down the cost of oil” and reiterated his threat to use tariffs to bring manufacturing back to the US as he addressed world leaders gathered in Davos on Thursday. Trump also said he would demand an immediate drop in interest…
Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here. India is trying to pry open the doors of the world’s biggest app stores, setting up a likely clash with Apple Inc. and Alphabet Inc. over social services, safety standards and access to the…
A key measure of CEO confidence in China signaled pessimism for the first time since the pandemic even after the nation unleashed a raft of stimulus measures. Sentiment among the country heads of mostly American and European companies dropped to 49, down from 56 in the previous six months, according to a survey by the…
China’s copper importers are reining in the amount of tonnage they buy through annual supply negotiations, once a bellwether for the global metal market, and opting for spot supplies instead. For 2025, buyers in China will take less refined metal under yearly contracts than they did this year, including from producers like Chilean copper giant…