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Will AI ever be profitable in China?

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December 3, 12:05 pm

Tech In Brief
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Tech Across the Globe

Amazon chips: The company unveiled the latest version of its Trainium artificial intelligence chip in its bid to compete with products from Nvidia, Google and AMD.

Mistral upgrade: Mistral AI, Europe’s leading artificial intelligence startup, released its next generation of models pitched as more adaptable than alternatives from larger rivals OpenAI and Google.

Samsung’s big new phone: Samsung introduced its first trifold phone, which unfurls into a tablet-style experience with a 10-inch display.

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Revalued

Notion, a productivity software company, is in discussions to let some employees and early investors sell shares at a valuation of about $12 billion. The San Francisco-based company is likely to raise about $200 million in the sale. It was most recently valued at $10 billion.

Must Read

Bloomberg Intelligence this week published its China AI 2026 Outlook deep dive, and Vlad Savov read through the 60-page report and recaps it in today’s Tech In Depth essay. It contains some glorious charts and important numbers to peruse, with the main takeaway being that China may be further away from generating any profit from AI than most might imagine.

Get the Tech In Depth newsletter for analysis and scoops about the business of technology from Bloomberg’s journalists around the world.

This Week in Soundbite

The music industry has started paying attention to Twitch, Amazon’s live-streaming platform known for its gamers, and more and more artists are spending time there, Ashley Carman writes in this week’s Soundbite. 

Sign up for the Soundbite newsletter to get exclusive reporting on podcasting, the music industry and audio trends from Ashley Carman.

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