When China’s DeepSeek released a competitive new artificial intelligence model called R1 last January purportedly built for less than many rivals, some feared the achievement posed a threat to America’s lead in artificial intelligence.

Stanford University professor James Zou is raising money at a roughly $1 billion valuation to build artificial intelligence models to improve research about the human body, according to sources familiar with the efforts.

Bloomberg’s Ed Ludlow discusses his conversation with Intel CEO Lip Bu Tan following the company’s strong earnings that sent its stock blasting past its dot-com era peak. Plus, Google plans to invest up to $40 billion into rival Anthropic. And tech job cuts ramp up, with Meta and Microsoft planning layoffs or announcing buyouts as AI spending surges.  (Source: Bloomberg)

The wars in Ukraine and Iran have underscored the growing importance of autonomous air and sea vehicles. Erin Price-Wright, general partner at Andreessen Horowitz, says the conflicts have also been wake-up calls for defense procurement, driving interest in startups building those crafts. She joins Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)

Amazon-backed, nuclear energy firm X-Energy raised $1.02 billion in an upsized initial public offering, the latest sign of renewed enthusiasm for the IPO market. X-Energy CEO J. Clay Sell joins Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)

Kentucky Representative Thomas Massie, a committed libertarian, is the rare Republican willing to publicly criticize Donald Trump—over domestic spending, the war in Iran, the president’s efforts to bury the Jeffrey Epstein files. And he’s done this while running for an eighth term in Kentucky’s deep-red 4th Congressional District, which gave Trump two-thirds of the vote in 2024. Bloomberg Businessweek National Correspondent Josh Green joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)

Grindr CEO George Arison joins Bloomberg Businessweek Daily to discuss the dating app's inaugural White House Correspondents' Dinner party, plus the company's presence in Washington, DC focused on HIV treatment and other health initiatives. Arison also discusses the company's newest tiers, including AI features. He speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)

Lincoln International Inc., a mid-market investment bank that advises business owners and private equity funds, filed for a US initial public offering, disclosing growing net income.

Intel Corp. is readying a multi-billion dollar bond sale to finance the repurchase of half of a plant in Ireland that it had previously sold to Apollo Global Management Inc.

Hedge fund veteran Ricky Sandler is shuttering Eminence Capital and returning investor cash after a 27-year run, telling clients it hasn’t performed well enough in recent years to keep operating.