Hi, you’re receiving our free Tech In Brief newsletter because you had been getting one of Bloomberg’s technology newsletters that are now subscriber-only. You can manage your subscriptions here.

Tech Across the Globe

Amazon overhauls devices: The e-commerce giant introduced new versions of its Echo and Echo Show speakers as well as a revamped lineup of Kindles, a cheaper Fire TV Stick and upgraded cameras from its Ring and Blink smart home security brands.

OpenAI introduces new app: The AI company is releasing a social app for making and sharing AI-generated videos using its Sora tool. 

Intel responds on Ohio: The chipmaker said it remained “committed” to building a massive new manufacturing plant in the state of Ohio despite delays until at least 2030, after US Senator Bernie Moreno pressed the company for more information on the multibillion-dollar project.

Revalued

AI chipmaker Cerebras closed a $1.1 billion funding round that valued the company at $8.1 billion. The funding for the startup, which also operates data centers, was led by Fidelity Management & Research and Atreides Management, and included previous backers Altimeter and Benchmark.

Must Read

Fiona Murray, the chair of the NATO Innovation Fund, had a warning for Europe’s defense officials: Time is running out to beef up their militaries in the face of Russia’s aggression and the US retreat from Ukraine, Mark Bergen reports in today’s Tech In Depth. But investors see some reason for optimism — startups are increasing their production and looking to work with bigger firms and government in a public-private strategy similar to the one used to fight the Covid virus, he writes.

Get the Tech In Depth newsletter for analysis and scoops about the business of technology from Bloomberg’s journalists around the world.

This Week in Soundbite

Ashley Carman writes in this week’s Soundbite about the debate surrounding Inception Point AI, which uses artificial intelligence to publish 3,000 podcast episodes a week.

Sign up for the Soundbite newsletter to get exclusive reporting on podcasting, the music industry and audio trends from Ashley Carman.

Get Tech In Depth and more Bloomberg Tech newsletters in your inbox:

• Cyber Bulletin for coverage of the shadow world of hackers and cyber-espionage
• Game On for diving deep inside the video game business
• Power On for Apple scoops, consumer tech news and more
• Screentime for a front-row seat to the collision of Hollywood and Silicon Valley
• Soundbite for reporting on podcasting, the music industry and audio trends
• Q&AI for answers to all your questions about AI