Welcome to Tech In Depth, our revamped daily newsletter with reporting and analysis about the business of tech from Bloomberg’s journalists around the world. Today, Kurt Wagner writes that the emergence of an AI model developed at a lower cost by a Chinese startup might prove beneficial to Meta Platforms Inc.

The latest cancellation casts doubt over Apple’s future AR plans.

Meta CEO Mark Zuckerberg is said to be eyeing a mansion in Washington, D.C., according to Financial Times. This possible move is seen as a sign of his ambition to work more closely with the Trump administration on key issues like artificial intelligence (AI) regulation.

Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg said his company will invest between $60 billion and $65 billion in capital expenditures related to artificial intelligence in 2025, well above the figure analysts had been projecting.

The glasses project, codenamed N107, was never made public, but Bloomberg reports that the plan was to build tech-equipped glasses that looked like any other pair but offered augmented reality features that could display information visible only to the person wearing the frames.

The company has talked to Texas officials about the potential move, which would not impact its headquarters in California.

Paramount is trying to complete a major merger, which will need the approval of President Trump's Justice Department.

Meta Platforms Inc. plans to invest as much as $65 billion on projects related to artificial intelligence in 2025, including building a giant new data center and increasing hiring in AI teams, Chief Executive Officer Mark Zuckerberg said Friday.

The company intends to use the funds to build a data center “so large that it would cover a significant part of Manhattan,” Zuckerberg said in a Facebook post.

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 ...

President Donald Trump is meeting with Nvidia Corp. Chief Executive Officer Jensen Huang at the White House on Friday as the US prepares to tee up tariffs on semiconductors, weighs the fate of a subsidy program and probes whether Chinese AI startup DeepSeek skirted export controls to obtain the chipmakers’ products.