Tech In Depth

Rakuten Trots Out AI Shopping and Investment Assistant

Signage at the Rakuten AI Optimism event in Yokohama.Photographer: Kiyoshi Ota/Bloomberg
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Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Min Jeong Lee explains why the Japanese e-commerce giant Rakuten is launching an AI assistant.

Cloud boom: Microsoft reported strong quarterly revenue on record AI spending and said its Azure cloud unit produced more than $75 billion in sales in the fiscal year, the first time the software company has disclosed a revenue figure for the business.