The proposal to enhance transparency and guardrails for new technologies within broker-dealers is likely to be scrapped. However, compliance costs for major brokers are expected to rise, according to Bloomberg Intelligence analysis.

Advantest Corp. raised its annual forecast above analyst estimates on strong demand for chip testers, a move that may allay concerns that Chinese startup DeepSeek’s rise would dampen big artificial intelligence-related spending.

Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg defended the company’s ambitious spending plans, predicting a “really big year” in which its artificial intelligence assistant will become the most widely used in the industry.

Microsoft Corp. Chief Executive Officer Satya Nadella had some kind words for DeepSeek, the Chinese artificial intelligence startup that roiled his company’s shares earlier this week.

Bloomberg Intelligence Senior Technology Analyst Mandeep Singh discusses Deepseek, a Chinese AI startup, that has demonstrated breakthrough AI models offering comparable performance to the world's best chatbots at a fraction of the cost.

White House artificial intelligence czar David Sacks said there’s “substantial evidence” that Chinese upstart DeepSeek leaned on the output of OpenAI’s models to help develop its own technology.

DeepSeek is causing havoc throughout the AI industry. U.S.-based tech companies that have heavily invested in AI saw their stocks take a tumble this week after the China-based startup released a new AI model on par with OpenAI's latest model, yet much cheaper to train — plus, DeepSeek made it free and open source.

SoftBank Group Corp. is in talks to lead a $500 million funding round for Skild AI, a startup building robotics software, according to people familiar with the matter. The startup would be valued at $4 billion,

Microsoft and OpenAI are probing if data output from the ChatGPT maker's technology was obtained in an unauthorized manner by a group linked to Chinese artificial intelligence (AI) startup DeepSeek, Bloomberg News reported on Tuesday.

Mark Zuckerberg has long championed Meta Platforms Inc.’s open-source approach to artificial intelligence software — which lets other companies access and build on top of its technology — saying that having an American model as the underpinning of new products was key to ensuring US dominance over China in AI.

OpenAI has alleged that DeepSeek stole data from the company to train its R1 AI model and used a special technique to mask its tracks.

Parmy Olson is a Bloomberg Opinion columnist covering technology. A former reporter for the Wall Street Journal and Forbes, she is author of “Supremacy: AI, ChatGPT and the Race That Will Change the World.”