VC Firms Lean on AI for More Than Just Returns: Tech In Depth

Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Kate Clark reports on how venture capital firms are using artificial intelligence technology as they flood AI startups with money.

Tech Across the Globe

OpenAI acquisition: The artificial intelligence company acquired Software Applications, a startup founded by former Apple employees that is building an AI-powered interface of Mac desktops.

Xbox cuts: Microsoft is asking its Xbox gaming division to produce profit margins well above the industry average, spurring the unit to cancel projects, raise prices and cut jobs. ...