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Driverless Trucking Firm Gatik Signs Major $600M Deal
Bloomberg Technology· 2026-01-27 18:55
Autonomous trucking company Gatik says it has brought in more than $600 million in contracted revenue. Gatik CEO and co-founder Gautam Narang discusses what comes next for the company with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” -------- Like this video? Subscribe to 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: https://www.youtube.com/playlist?list=PLfAX25ZLrP ...
Bridgit Mendler’s Northwood Raises $100M Series B
Bloomberg Technology· 2026-01-27 18:05
Northwood, the maker of ground infrastructure for the space industry, has closed a $100 million Series B, led by Washington Harbour Partners. Bridgit Mendler, CEO and co-founder of Northwood, discusses the demand driving this funding round. She joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” -------- Like this video? Subscribe to 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 ...
Nvidia Puts Another $2B Into CoreWeave, Offers New Chips | Bloomberg Tech 1/26/2026
Bloomberg Technology· 2026-01-26 19:28
>> "BLOOMBERG TECH" IS LIVE FROM COAST-TO-COAST WITH CAROLINE HYDE IN NEW YORK AND ED LUDLOW IN SAN FRANCISCO. ED: THIS IS "BLOOMBERG TECH. " COMING UP, NVIDIA INVESTED ADDITIONAL $2 BILLION IN COREWEAVE, EXPANDING THEIR PARTNERSHIP TO ACCELERATE THE BUILDOUT OF AI FACTORIES. CAROLINE: PLUS, CONTINUING THE ACQUISITION SPREE AS THE QUANTUM COMPANY BUYS A CHIPMAKER, SKY WANTED TECHNOLOGY, IN A DEAL WORTH $1.8% BILLION. ED: GIVING UP FOR BIG TECH EARNINGS, META, MICROSOFT, TESLA, APPLE ALSO TO REPORT EARNINGS ...
Musk’s X Probed by EU Over Grok’s Spread of Sexual Deepfakes
Bloomberg Technology· 2026-01-26 18:27
What's the need to know here from from the EU side of this. Well, it's another day, another investigation into X from the EU this time. Yeah, it was about whether or not they did a sufficient risk assessment to prevent harmful outputs from Grok before deploying it across the EU.This is a legal requirement under the Digital Services Act, which is the kind of set of rules around illegal and harmful content. And so it's a there's quite a long list of investigations of ECS at the moment within the EU, but this ...
AI Startup Baseten Doubles Valuation to $5B in Six Months
Bloomberg Technology· 2026-01-26 18:20
I've been using a number of generative AI tools this morning to try and distill down what it is that Base ten does. I'm going to read you one and you can tell me and I won't say what engine was based on provides the software and infrastructure that lets companies run A. I.models reliably at massive scale only once they're built. It's about being fast, stable and cost efficient. Is that what you do.And why did you need to raise $300 million to do it. Yeah, well, the way we think about it is that inference is ...
Quantum Firm IonQ to Buy Chipmaker SkyWater for $1.8 Billion
Bloomberg Technology· 2026-01-26 18:13
What does having a US based chip foundry add to the speed of your own technology. It actually does three exciting things. Ryan Q.The first is that it accelerates our entire roadmap. So we talked this morning on a public webinar, a sort of earnings call style about the fact that it's going to bring in the cycles of R&D design and packaging iteration we do to build our quantum computing chips and hence our full fault tolerant machines quite considerably. We're moving things in by about a year on our 2 million ...
Intel Falls as Manufacturing Snags Bedevil Comeback | Bloomberg Tech 1/23/2026
Bloomberg Technology· 2026-01-23 21:02
>> "BLOOMBERG TECH. " IS LIVE FROM COAST-TO-COAST WITH CAROLINE HYDE IN NEW YORK AND ED LUDLOW IN SAN FRANCISCO. ED: THIS IS "BLOOMBERG TECH. " INTEL PLUNGES AFTER THE CHIPMAKER WARNED IT STRUGGLING WITH MANUFACTURING PROBLEMS. CAROLINE: CHINA'S TECH FIRMS GET AN INITIAL GREEN LIGHT TO START PREPARING ORDERS FOR H200 CHIPS. ED: TIKTOK AND BYTEDANCE CLOSE A DEAL TO OPERATE IN THE U.S. CAROLINE: LET'S LOOK RIGHT NOW I U.S. MARKETS AS WE CLOSE UP THIS WEEK. A VOLATILE TRADING WEEK TO SAY THE LEAST. CONSUMED BY ...
Capital One to Pay $5.15 Billion for Fintech Brex
Bloomberg Technology· 2026-01-23 19:08
Let's get into it. I mean, the obvious question to many last night was the timing. But $5.15% billion is a pretty steep discount to the valuation you raise money at in 2022, which was $12 billion.What what do you think that signals the timing and also the the value. You agreed. Yeah.Thanks for having me. We're really excited about this news. And, you know, this is a really special combination.First, it's as you mentioned, it's the largest bank fintech deal in history. And really, the the way we thought abou ...
Tesla Begins Robotaxi Rides in Austin Without Safety Drivers
Bloomberg Technology· 2026-01-23 18:37
Is this a big feat. This is a definitely a significant development. It's another major player in the autonomous vehicle space, and it shows more confidence in the technology, but it's still pretty limited.And it's definitely an experiment. It's an experiment. I'm just going to jump in.People on the Tesla side of the camp say this is a notable moment because it's a first for a vision only based platform to be on public roads, not just with no one in the driver's seat, but no supervising attendant in the pass ...
Apple Signals CEO Candidate by Expanding Hardware Boss’s Role
Bloomberg Technology· 2026-01-23 18:29
Introduce us to Mr. . Turness. What is your reporting.Tell us about his new workload and also that that signal that he's climbing the ranks here. John Ternus has been Apple's senior VP of hardware engineering since 2021. That means he runs all hardware development for essentially every Apple product.He's in charge of the iPhone. Charge the iPad and charge of the Mac. Now in charge of the Apple Watch.And he's been elevated to expand his role this year a couple of times saying, like I said, full oversight of ...