Bloomberg’s Caroline Hyde breaks down the latest deal by OpenAI with a chipmaker, this time with Broadcom. Plus, tech stocks bounce back as President Donald Trump signaled openness to a deal with China amid the latest trade showdown. And Warner Brothers Discovery rejects a takeover offer from Paramount Skydance, deeming it too low, according to sources.

Apple Kicks Off Terns Era with First Foldable Phone
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Qualcomm Signs Deal to Provide Amazon With Custom AI Chips
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Anthropic Builds Its War Chest Ahead of IPO
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