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Gecko Robotics CEO on Trump's AI Action Plan
Bloomberg Technology· 2025-07-24 12:09
There's heavy participation from the private sector at the summit. And one of those present on stage was Gecko Robotics co-founder CEO Jake Loosararian And you first. Let's just start with the basics.Your reaction to the AI action plan. It's detailed multiple, but what is the key component for you. I think the key component is it's very much all about energy.I mean, President Trump has been very clear that the country that's able to dominate energy and create and unleash it will be the ones that win the rac ...
Jacob Helberg on the Trump AI Action Plan
Bloomberg Technology· 2025-07-23 19:52
Economic Growth & Competitiveness - The White House action plan aims to provide "shock therapy" for American competitiveness in the industry [2] - The plan balances security objectives with the need to scale the industry and remain competitive through investment, infrastructure, and diplomacy [3] - Deregulation is a central pillar to unleash American builders and foster job creation by reducing time spent on legal fees and bureaucracy [5][6] - The plan emphasizes historic investments in critical infrastructure, especially the energy grid, to increase electricity supply which has stagnated since 2008 [4] Technology & Innovation - The administration prioritizes AI opportunity, contrasting with an overemphasis on safety stemming from concerns about negative impacts on labor markets [10] - Exporting the American technology stack is important to expand market share, lock out competitors, and establish America as the platform on which the rest of the world builds [7][8][9] - The goal is to have a broad and diverse user base to develop the most advanced algorithms [8] Labor Market & Productivity - The administration believes that increased labor productivity through technological breakthroughs like AI will lead to increased demand for labor and job creation, referencing Jevons Paradox [10][11]
Vanta Valuation Jumps to $4.15 Billion
Bloomberg Technology· 2025-07-23 19:31
So the 150 million, what does it help you do. It helps us continue to help our customers build and demonstrate trust across the Internet. It demonstrates trust across the Internet.I mean, immediately makes me think of today's news flow with worrying about Microsoft in the hack there. I mean, is this something that you're worrying about more broadly that security isn't strong enough, particularly when it comes to access to third parties. Yeah, I think what we've seen is security online.It's an increasing con ...
Open-Source Reigns in US AI Action Plan
Bloomberg Technology· 2025-07-23 19:25
You really look at the way in which we can implement AI from a governance perspective, from a risk tolerance perspective, from a cultural perspective within businesses and arena. When you're looking at this report, when you're thinking about AI being more hands off, more pro-growth, is that the right way. Well, good to see you, Caroline.And today, we really commend the White House on launching the action plan. I think if you dive a little bit deeper into the action plan, there's a key, key statement and sen ...
Elon
Bloomberg Technology· 2025-07-23 19:09
The main character fighting Elon Musk's battles for him is Jared Britchall, who's the head of his family office. He's listed as the CFO for several of his companies. He's the one who led the 250 million investment in Donald Trump's re-election.He's like the fixer for Elon. Can you explain how he manages what Musk calls his legion of children. Jared is listed as an executive at a bunch of Elon Musk companies.He's like sort of a conduit on the business side, but behind the scenes, he also had this other seedi ...
US AI Action Plan Released by White House
Bloomberg Technology· 2025-07-23 18:32
We both printed it out, all 23 pages. We haven't read the entirety of it, the skimmed it, but we've been talking for a while about how the focus of the document is infrastructure related, the American technology stack and the energy to support that. Is there substance to it.Well, the substance will really bear out over time, as we see a lot of administrations, not only the Trump administration, but all of its predecessors have flooded Washington with these sorts of policy directives in the past. And the cat ...
White House Unveils ‘AI Action Plan’ to Spur Development
Bloomberg Technology· 2025-07-23 18:20
Let's start with the Trump action plan. What is this action plan which has been released this morning. Well, it's 23 pages of policy framework, essentially, that is positioned to help what the administration would put it as America winning in Haiti.There's a heavy emphasis on the infrastructure requirements needed, particularly around energy and the energy needed for data center build out. But it goes a little bit further than that in talking about deregulation, essentially cutting red tape on the infrastru ...
New AppleCare Covers Up to Three Devices
Bloomberg Technology· 2025-07-23 18:19
What's new about it. Why are they updating it. Hi.Good morning. Yeah. So basically this new $20 a month subscription allows you to have three different devices and any different base models, you could have a newer iPhone or a Vision pro or an Apple Watch.And for $20, it will protect against spills, accidents, cracked screens. You can talk to somebody 24 seven if you have I. T.help battery replacements before. Previously, the company has long offered a subscription plan where you can opt in to the same type ...
US Nuclear Body Among Those Impacted By SharePoint Breech
Bloomberg Technology· 2025-07-23 18:13
Cybersecurity Threat Landscape - Cyberattacks target sign-in credentials, usernames, and passwords, potentially enabling hackers to access multiple systems [1] - A nuclear agency responsible for nuclear weapon development and disposal was hacked, raising concerns about national security [2] - While sensitive or classified information was reportedly not taken from the nuclear agency, the risk of hackers branching out remains a concern [3] - Thousands of servers globally, vulnerable due to a common Microsoft software (SharePoint) vulnerability, are at risk [5] Attribution and Response - Microsoft identified at least two Chinese state-backed hacking groups as being behind some of the attacks [5] - Microsoft rolled out patches to address the vulnerability, but security researchers suggest that patching alone is insufficient after a breach [7][8] Impact and Scope - The full scope of the breaches is still under investigation, and Microsoft has not disclosed the number of customers affected [6] - The attacks are not limited to the US, with a Dutch cyber company identifying the activity as international [4]
AI in Focus for Alphabet’s Earnings
Bloomberg Technology· 2025-07-23 18:10
You have got. I think it's about a $200 price tag. Outperform on Alphabet.How can they live up to the prior to this day ten day run up a longest winning streak for Alphabet that we've seen since 2010 brought. Yeah, there's a couple of kind of current things going on. I think first on the fundamental side, we're going to see really good numbers.Our checks through the quarter were fairly strong and I do expect them to print upside tonight. So I think that's kind of why you've seen the market price that in a l ...