Insight and analysis of top stories from our award winning magazine "Bloomberg Businessweek".
Artificial intelligence is set to revolutionize the world, empowering those nations that fully harness its potential. The U.S. is still seen as the world AI leader, but China is catching up. The race is central to the U.S.-China rivalry and a critical facet of the economic and military competition that will define the decade.
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BMW AG will reduce bonus payments for employees in Germany as the luxury-car maker grapples with the costly shift to electric and self-driving vehicles.
While BMW’s efforts lack the bite of drastic cutbacks outlined by rival Audi, they reflect the growing pressure facing Germany’s horsepower-focused brands to adapt to a new automotive era.