BYD Co., the world’s largest electric vehicle maker, unveiled a series of technology advances, including what it calls China’s first automotive-grade 4-nanometer chip for self-driving cars.

Anthropic PBC is rolling out an updated version of its most powerful artificial intelligence model barely a month after the prior release, a bid to keep ahead of rivals like OpenAI and Alphabet Inc.’s Google.

The European Union is making a fresh attempt to revive its faltering semiconductor industry via a rebooted Chips Act, an effort expected to require €120 billion ($140 billion) in public-private investment by 2035, according to draft plans seen by Bloomberg News.

European Commission officials are planning to meet with Anthropic PBC to seek more information on the company’s Mythos model and request making the groundbreaking artificial intelligence tool available to the bloc, according to people familiar with the matter.

Apple is set to release a pretty significant redesign to Siri in its iOS 27 that includes AI features. Mark Gurman explains (Source: Bloomberg)

Breaking Iran cease-fire headlines sent travel stocks soaring as oil prices dropped sharply. Kayak CEO Peer Bueller joined Bloomberg Open Interest to explain why travelers are still booking trips despite geopolitical chaos, rising airfare, and inflation, and why AI is changing how consumers search for deals. Plus, the hidden link between Middle East tensions and airline profits. (Source: Bloomberg)

Bloomberg's Mark Gurman says consumers "should be pumped" about the massive changes Apple is making to Siri. It's part of their effort to bring artificial intelligence to the masses. The updates are expected to be announced at the June 8 Worldwide Developers Conference. He reports on "Bloomberg Tech." (Source: Bloomberg)

Federal Reserve Bank of St. Louis President Alberto Musalem says policymakers cannot depend on a potential productivity boom from AI to ease elevated inflation at a conference in Reykjavík, Iceland. (Source: Bloomberg)