Tech In Depth

Startup SimpleClosure Sees Boom In Giving Fellow Startups ‘Peace of Mind’ to Die

Attendees, including many startup founders, at the annual Web Summit technology conference last November in Lisbon.

Photographer: Zed Jameson/Bloomberg
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Welcome to Tech In Depth, our daily newsletter with reporting and analysis about the business of tech from Bloomberg’s journalists around the world. Today, Kate Clark reports on a startup that helps struggling fellow startups shut down.

AI restrictions: Advanced Micro Devices, the chipmaker challenging Nvidia in the market for artificial intelligence processors, said restrictions on the sale of those chips to China will cost the company $1.5 billion in revenue this year.