Bloomberg’s Caroline Hyde and Ed Ludlow discuss expectations for big tech earnings as investors prepare for Microsoft, Meta, Google, and Amazon to report earnings after the market closes. Plus, SoFi CEO Anthony Noto discusses investors’ reaction to the financial services company’s earnings as its shares fall. And, Elon Musk continues testifying in his suit against OpenAI over the startup’s pivot from a charity to a for-profit business.
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.
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Bloomberg’s Ed Ludlow discusses Microsoft’s and OpenAI’s decision to drop exclusivity rights on AI models in a move that opens the doors for the rivals to make new deals. Plus, China blocks Meta’s $2 billion purchase of AI startup Manus. And, the feud between Elon Musk and Sam Altman heads to court with the Tesla CEO alleging OpenAI abandoned its founding mission.
Chapters:
00:00:00 – Intro
00:11:28 – Chip Stocks Slide, Imperiling Record 18-Day Rally
00:17:20 – Meta, Microsoft Trim Workforce Amid Heavy AI Spend
00:33:37 – China Blocks Meta’s $2B Purchase of AI Firm Manus
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.
Like this video? Subscribe and turn on the notifications for Bloomberg Technology on YouTube:
https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg
Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:
Get the latest in tech from Silicon Valley and around the world here:
https://www.bloomberg.com/technology
Follow Ed Ludlow on Twitter here: https://twitter.com/EdLudlow
Follow Caroline Hyde on Twitter here: https://twitter.com/CarolineHydeTV
Connect with us on…
Twitter: https://twitter.com/technology
Facebook: https://www.facebook.com/BloombergTechnology
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Bloomberg’s Caroline Hyde and Ed Ludlow discuss why Anthropic has rebuffed investors’ efforts to back the company with funding that would value it at more than $800 billion. Plus, Meta expands a multi-billion-dollar partnership with Broadcom to design and build custom chips. And ASML, the supplier of cutting-edge chipmaking machines, raises its full-year sales forecast as AI demand fuels growth.
——–
“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.
Like this video? Subscribe and turn on the notifications for Bloomberg Technology on YouTube:
https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg
Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:
Get the latest in tech from Silicon Valley and around the world here:
https://www.bloomberg.com/technology
Follow Ed Ludlow on Twitter here: https://twitter.com/EdLudlow
Follow Caroline Hyde on Twitter here: https://twitter.com/CarolineHydeTV
Connect with us on…
Twitter: https://twitter.com/technology
Facebook: https://www.facebook.com/BloombergTechnology
Instagram: https://www.instagram.com/bloombergbusiness/
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Timestamps:
0:00 HAHAHAHAHA FUN
0:15 Big Tech under threat
1:52 AI putting Open Source at risk
3:31 April Fool’s Roundup
6:34 QUICK BITS INTRO
6:49 Claude Code source code leak
7:37 Artemis II lunar mission launch
8:17 Oracle fires thousands of workers
9:08 Baidu robotaxis freeze on roads
9:59 Memory chips that work at 700 degrees
