Electronic design-automation providers stand to gain $6 billion through 2030, Bloomberg Intelligence's AI scenario analysis shows, with AI-enabled tools like Synopsys' DSO.ai and Cadence's Cerebrus seeing performance gains among its customers.

Growing use of generative AI to help with product design can help shorten the window from conception to production, reducing long lead times that often produce inventory imbalances and missteps.

Bloomberg Tax and Accounting announced a new strategic partner program with major tax prep software providers in order to expand the set of available tools for users.

Tech giants are set to spend a staggering $200 billion on AI-related capital expenditures this year, according to Bloomberg's calculations, marking an all-time high for these

Alphabet Inc.’s Google plans to preview artificial intelligence technology that takes over a web browser to complete tasks such as research and shopping, the Information reported.

Meta’s latest move to curb underage access on Instagram is the introduction of an AI tool called "adult classifier" that evaluates users’ real ages based on their behavior, interactions, and profile activity.

Companies are aggressively recruiting top AI talent, with some offering lucrative compensation.

Palantir Technologies Inc.’s premium valuation will be put to the test when the data analysis and software company reports results after the market close on Monday.Most Read from BloombergFrom Housing to Immigration,

Apple will reportedly drop another batch of Apple Intelligence features during the first week of December. AI emojis, ChatGPT, and more are expected.

Italy’s largest bank aims to hire 3,500 “young people,” many in hybrid contractor roles, in a “generational” shift to artificial intelligence, along with greater emphasis on wealth and insurance.

AI is already creating a surge in reliable power demand. It is a demand that nuclear and natural gas are competing to fill.