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China artificial intelligence bid seeks $59bn industry

Bloomberg China aims to make the artificial intelligence industry a “new, important” driver of economic expansion by 2020, according to a development plan issued by the State Council. Policy makers want to be global leaders, with the AI industry generating more than 400 billion yuan ($59 billion) of output per year by 2025, according to an announcement from the cabinet. ...

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An app that tells you when you’re depressed

Bloomberg A Facebook message pops up on my phone screen. “What’s going on in your world?” It’s from a robot named Woebot, the brainchild of Stanford University psychologist Alison Darcy. Woebot seems to care about me. The app asks me for a list of my strengths, and remembers my response so it can encourage me later. It helps me set ...

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Qualcomm sees steep profit decline amid its legal scuffle with Apple

Bloomberg Qualcomm Inc., the biggest maker of chips used in mobile phones, forecast steep declines in profit and licensing sales, underscoring its dependence on the royalties that one of its largest customers, Apple Inc., has stopped paying. Sales in the company’s licensing division, which collects fees for use of its mobile technology, will sink as much as 47 percent in ...

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