Meta Platforms Inc.’s longtime infrastructure chief will leave the company in early 2027, a major leadership change as it continues to invest hundreds of billions of dollars in artificial intelligence and the data centers needed to support it.
Jay Goldberg, Seaport senior analyst, says Nvidia would lose its identity without CEO Jensen Huang. Goldberg says the risk of Huang being removed is significant. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)
Helsing Gmbh, a German dronemaker, released a platform that uses artificial intelligence to help military units process data from the field more quickly, creating a new European challenger to US-based Palantir Technologies Inc.
Anthropic's IPO has drawn multiple times the orders for the shares available, according to people familiar with the matter, as demand accelerates for potentially the biggest first-time share sale ever. Bailey Lipschultz reports on "Bloomberg Open Interest." (Source: Bloomberg)
Wall Street sentiment toward Nvidia Corp. is starting to crack, as an investigation into Chief Executive Officer Jensen Huang’s affair with an alleged Chinese spy is sowing doubt over the artificial intelligence chipmaker’s prospects.
Take-Two Interactive Chairman & CEO Strauss Zelnick says artificial intelligence will transform the video game industry, but he doesn't believe It will lead to fewer jobs. He says technology ultimately needs to serve one goal: make great entertainment. Zelnick sits down with David Rubenstein on this week’s episode of The David Rubenstein Show: Peer to Peer Conversations. This interview was recorded October 19 in New York. (Source: Bloomberg)
Take-Two Interactive Chairman & CEO Strauss Zelnick reflects on his career in entertainment, from becoming president of 20th Century Fox to leaving the movie and television business for the emerging video game industry. He also discusses how he helped transform Take-Two into one of the biggest companies in gaming. Zelnick sits down with David Rubenstein on this week’s episode of The David Rubenstein Show: Peer to Peer Conversations. This interview was recorded October 19 in New York.
(Source: Bloomberg)
Julian Emanuel, Evercore ISI chief equity strategist and quantitative strategist, says Nvidia is a core part of their basket of AI stocks. He also expects the Anthropic IPO to go smoothly. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)
Some power companies are using cybersecurity technology from Anthropic PBC after spending months urging US government officials and the artificial intelligence company to help them access the company’s powerful AI models in order to help fend off hackers.
Torus, an energy-storage startup, said it raised $500 million in funding to help launch a new shipping container-sized product that combines batteries with artificial-intelligence computing.
Olaolu Aganga of Citi says strong earnings and attractive valuations continue to support US stocks despite recent volatility. She discusses the long-term AI investment cycle, opportunities in cybersecurity and critical metals, and why AI productivity gains are still ahead. Aganga also warns inflation could remain hotter than expected, pushing rates higher and favoring shorter-duration fixed income and gold. She speaks with Anna Edwards on Bloomberg Brief. (Source: Bloomberg)
Airbnb Co-founder and Chief Strategy Officer Nathan Blecharczyk says the company is developing its own specialized AI travel agent that will eventually be able to book both on and off Airbnb’s platform. In an interview with Bloomberg’s Francine Lacqua on “The Pulse”, he spoke about how AI is transforming Airbnb, the company’s return to growth, regulation and housing in Europe, and the shift in travel beyond major cities. (Source: Bloomberg)
AI pioneer Kai-Fu Lee discusses whether trillion-dollar AI valuations can be justified, the risks of circular funding, and the impact of cheaper Chinese and open-source models. The Sinovation Ventures Chairman and CEO and 01.AI CEO also explains why businesses need to reinvent themselves around AI, and why Europe’s biggest opportunity may be in AI applications rather than foundation models. Lee appeared on “The Pulse with Francine Lacqua”. (Source: Bloomberg)
Traders piled back into the artificial intelligence trade, lifting US stock futures following strong results from beaten-down neocloud firm CoreWeave and robust demand for Anthropic’s initial public offering.
Ukraine and Russia started a second day of US-led peace talks in Abu Dhabi after Ukrainian President Volodymyr Zelenskyy called the first round of discussions “constructive and quite substantive.”
Climate negotiators from almost 200 countries have gathered for COP31 in Antalya, Turkey with a narrower agenda than in the past. There are concerns that ambition to tackle climate change is waning but the global energy supply crunch and growing AI backlash may spur policymakers into action.
Today’s guests: Saira Malik, Nuveen CIO; Michael Mueller, RWE CFO; Nathan Blecharczyk, Airbnb Co-Founder & Chief Strategy Officer; Kai-Fu Lee, Sinovation Ventures Chairman & CEO & 01.AI CEO (Source: Bloomberg)
Artificial intelligence has powered around a quarter of UK growth this year, according to Bloomberg economists, putting the country at risk of a global downturn in valuations around the technology.
