Bloomberg Tech

Nvidia Warns of Product Snags From US Tightening Export Rules

Nvidia Corp. suffered its worst stock decline in more than two months after the Biden administration stepped up efforts to keep advanced chips out of China, a campaign that includes restricting the company’s sale of processors designed specifically for the Chinese market.

AI Funding Soars to $17.9 Billion While Rest of Tech Slumps

Multibillion-dollar investments in artificial intelligence startups have become almost commonplace in Silicon Valley — with dollars raised for AI companies outpacing funding totals in every other category of tech, and reaching $17.9 billion in the third quarter.

Amazon Offered to Settle California Antitrust Suit in 2022

Amazon.com Inc. offered to settle an antitrust investigation by the California attorney general’s office days before the state filed suit accusing the e-commerce giant over policies that allegedly lead to “artificially high prices” for consumers.