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Chip makers are fueling the #ai boom #tech
Bloomberg Technology· 2025-10-12 21:39
The world's biggest tech companies are spending trillions to fuel artificial intelligence, building data centers the size of cities and snapping up every advanced chip they can find. Open AAI, the maker of chat GPT, is planning a $500 billion infrastructure project called Stargate. Meta's Mark Zuckerberg, is pouring hundreds of billions into new data hubs.Nvidia, the chip giant at the center of it all, is even financing its own customers, helping them buy more of its hardware. Even AI's biggest believers ad ...
From Trading to Chatbots: How AI Is Changing Banking
Bloomberg Technology· 2025-10-12 06:00
Artificial intelligence is reshaping how banks work, how they interact with clients, and how they compete. It's helping our coders, it's helping compliance. It's helping with HR queries.But then you've also got a lot of top down use cases. I think the future is a genetic AI. That is when we get to really see the game changer, a genetic A.I. autonomous programs that can theoretically perform tasks for a user without supervision are the next step for many banks. Traditional AI is already streamlining fraud de ...
Dimon, Solomon, Klarna CEO on How AI Is Reshaping Banking | Bloomberg Tech: Europe 10/10/2025
Bloomberg Technology· 2025-10-11 05:00
>> COMING TOWN SHOW. WE EXPLORE HOW A. I.COULD RESHAPE DEAL MAKING, TRANSFORM COMPETITION AND REDEFINE WHO WINS IN THE FINANCIAL SECTOR. WHAT’LL IT ALL MEAN FOR JOBS IN BANKING. WE EXPLORE HOW A.I. IS REWIRING HOW BANKS HIRE. THE ROLES THAT COULD BE EMPOWERED AND THOSE THAT RISK EXTENSION.AND FIN TECH GIANT KLARNA’S CEO TELLS ME WHY HE SEES LEGACY BANKS FALLING BEHIND AS A. I. CHANGES THE RULES.>> I WOULD ARGUE THE ODDS ARE PRETTY GOOD AT WINNING. THE A BIG MARKET SHARE. NOW THEY ARE WAKING UP TO FINISH TEC ...
Bloomberg Defense Tech Special | Bloomberg Tech 10/10/2025
Bloomberg Technology· 2025-10-10 20:39
COAST-TO-COAST. WITH CAROLINE HYDE IN NEW YORK AND ED LUDLOW IN SAN FRANCISCO. CAROLINE: WELCOME TO A VERY SPECIAL EDITION OF "BLOOMBERG TECHNOLOGY." LIVE FROM CALIFORNIA.ED: TODAY WE GO ALL IN ON DEFENSE TECH. AND DISCUSS WITH SOME OF THE BIGGEST NAMES IN THIS BOOMING INDUSTRY, COMP COMPETITION WITH CHINA, WORKING WITH THE U.S. GOVERNMENT AND A LOT MORE. WE KICK THINGS OFF WITH BRIAN SCHIMPF, C.E. O. , OF THE FIRST OF MANY CONVERSATIONS.BRIAN, WE’RE GRATEFUL TO BE HERE. THERE’S BEEN A LOT OF HYPE AROUND TH ...
Anduril's Luckey: Must Get Off the Chinese Supply Chain
Bloomberg Technology· 2025-10-10 20:02
My assumption is that the president's true social post was scheduled for 8 a. m. Pacific, 11 a.m. Eastern. We don't know, but it's very simple.He had said that he intended to meet with me in two weeks time, now doesn't see a reason to do so. He threatened to massively increase tariffs on Chinese goods and says that China is becoming increasingly hostile. When you and I met in January, you opened our entire conversation with a forecast of where you felt the relationship between us and China was going.Yeah, w ...
Investing in Defense Tech
Bloomberg Technology· 2025-10-10 19:48
When you hear breaking news that once again, perhaps the relationship between U.S. and China is unfolding. What does that mean for you in terms of the velocity at which you need to allocate money to the start ups are willing to strengthen national defense. Well, thank you both for having me here.There are a couple of different things that we think about when when breaking news like like that comes up. I think one of the critical timelines that we've seen the Department of War really highlight is this 2027 t ...
Palantir CTO: US Should Lean Into Its Asymmetric Advantages
Bloomberg Technology· 2025-10-10 19:29
Your reaction, please, to to the president's statement earlier. Well, it's great to be with you. I think this is really a conflict that's been brewing for the better part of 50 years.The Chinese are showing their hands and it comes down to a fundamental philosophy they have as an outgrowth of the warring states, period. That's when Sun Tzu wrote Art of War, which is that there has to be only one hegemonic. You know, and so it's not enough for China to prosper.America must fall. And this is the tension in th ...
China Ahead in Space Defense, Says True Anomaly CEO
Bloomberg Technology· 2025-10-10 19:10
US-China Space Race & National Security - China views space as a battlefield and has been developing space weapons since 2007, gaining a first-mover advantage [1][2] - The US needs dedicated space superiority capabilities to defend its infrastructure and maintain military and economic superiority [3][4] - The US is behind China in fielding defensive and offensive space capabilities at scale [8] Defense Industry & Supply Chain - Onshoring manufacturing and investing in the US industrial base are crucial for national security, especially with increasing tariffs and China's aggression [6] - The industry anticipates impacts from tariffs, particularly when space superiority systems are produced at scale [5][6] - The Defense Department is shifting capital from legacy programs with billion-dollar satellites to proliferated, low-cost architectures [11] Company Strategy & Investment - The company is building low-cost space superiority platforms designed to defend infrastructure in space [12] - The company focuses on military applications of space rather than civil space [9] - The company plans to raise capital again, benefiting from the intersection of defense tech and space trends [13]
Anduril Looks to Onshore Its Supply Chain
Bloomberg Technology· 2025-10-10 19:01
There has been a lot of hype around the company, a deep focus on what it is doing, how it is growing, and so it is a place to start. Would you just bring us up to speed on where Andrew is today operationally, revenue at the business it is doing with the US government and Western allies. Absolutely.Well, thank you for having me on. Really excited to have you here. The annual is been around about eight years, but we've grown incredibly in that time.I think this year we're going to be over 6500 employees. We'v ...
China Has Too Much Leverage Over US, Says Anduril's Luckey
Bloomberg Technology· 2025-10-10 16:30
ED: THE PRESIDENT'S TRUE SOCIAL POST I'M GUESSING WAS SCHEDULED FOR 11:00 A. M. WE DO NOT KNOW HE SAID HE INTENDED TO MEET WITH XI IN TWO WEEKS BUT DOUBT IS NOT SEE A REASON TO DO SO.HE THREATENED TO INCREASE TARIFFS ON CHINESE GOODS AND SAID CHINA IS BECOMING INCREASINGLY HOSTILE. WHEN WE MET IN JANUARY YOU OPEN THE CONVERSATION WITH THE FORECAST ON WHERE YOU FELT THE RELATIONSHIP BETWEEN THE U.S. AND CHINA WAS GOING. WHERE YOUR RIGHT. -- WERE YOU RIGHT.PALMER: I THINK SO. IT IS TRUE WHEN IT COMES TO SEMI ...