Theresa, if we may, I want to go to the other piece of this first, because, you know, the emphasis from the administration was making us tick tock American. The UAE is an ally of the United States in defense, for example. You know, there's weapons and other agreements there.But in in the context of something that is digital, what do you make of MKG X participating as an anchor investor and potential board seat holder of the US Tech talk. Well, I think it's very interesting. Obviously, they have deep enough ...

That was a great opinion piece out of our colleague Dave Lee, who really puts out really the question of what expertise does Oracle, a cloud company, have when it comes to social media algorithms. Brody. Not a whole lot.I think they would. Maybe they would tell you as much as well. I think it's very interesting how much rhetorical value the administration has placed on Oracle's involvement.They are the kind of technological underpinning of a lot of the operations, but they're the cloud vendor, right. I mean ...

Infrastructure Investment & Demand - Concerns exist regarding the scale of infrastructure investment and potential capital loss [1] - Explosive demand growth is evident, requiring careful valuation checks [2] - Infrastructure wave is supported by real demand growth and cash flows, particularly from major hyperscalers [2][3] - Supply constraints persist despite significant spending [3] - The infrastructure theme is long-term, with potential upsets along the way [3] Debt & Funding - Debt is involved in many infrastructure deals, extending beyond the four major hyperscalers [4][5] - Bond investors are betting on future revenue generation to repay bonds [6] - The infrastructure wave is impacting the corporate bond market, utilities, and both public and private sectors [7] - A 40-year bond yielded approximately 1.65 percentage points over Treasuries [7] Capital Spending & Energy - Markets have been rewarding large capital spending commitments [9] - Current spending is grounded in real infrastructure, chip spending, and data centers, unlike the dot-com bubble [10] - The global energy sector's ability to meet demand is a trillion-dollar question [11] - Data center power commitments are substantial, equivalent to powering New York, Chicago, and Los Angeles for a year [11] - The aged infrastructure grid requires upgrades, with potential solutions like nuclear and natural gas power expected in the 2030s [12] - Efficiency gains and gradual demand increases may prevent a bottleneck in the near term [12][13] - Compute costs have already decreased by 98% [13]

I spoke to the Cool Weave CEO last night and I basically put to him that all of the people in this ecosystem are writing checks they can't cash. The demand is there, but their ability to pay for it, the infrastructure needs to be built. Maybe it's not.And you make a really smart case on just how wide some of the losses are with all the spending as as much as they have momentum and what they're doing and what they're in financial terms is called is counterparty risk, that if you are selling, if you are build ...

With all these questions remaining about how on earth the algorithm continues and whether we all remain 170 million US users using it as much. What are advertising decisions being made right now. Advertisers in a wait and see mode.Right now, it is still commonplace for tech talk. And we're actually seeing all time high traffic. In September 1st, 20% of total traffic from advertisers was allocated to tick tock.If we date back to Q1, it was 10%. So people still see tick tock as a place to build brand and driv ...

WE BLOOMBERG TECH ASIA IS LIVE WITH SHERY AHN IN TOKYO AND ANNABELLE DROULERS IN HONG KONG. SHERY: AN EXCITING EPISODE AHEAD WITH A ROBOTAXI THAT COULD BE WORTH $330 BILLION ACCORDING TO BLOOMBERG INTELLIGENCE, NOT SURPRISING GIVING -- GIVEN THE AGING POPULATION AND LACK OF CABDRIVERS AND SOME OF THE LEADERS COULD BE CHINESE NAMES. ANNABELLE: ABSOLUTELY.YOU SEE THE VALUE CHAIN SIDE. YOU MENTIONED CHINESE NAMES, YOU HAVE BAIDU'S APOLLO, IN THE U.S. THERE IS WAYMO. THERE'S ALSO THE PARTNERSHIPS ON TOP.UBER AN ...

What interests me so much is within your podcast. You've just been speaking to a founder. You've backed Logical all about the future of Quantum.You've been deep diving on this. So when you see these sorts of iterations and breakthroughs, what do you make of it. Where is the opportunity for you in the Seed in the series.First of all, great question. And as you know, I'm a long term early stage investor and I like to look for companies that can be worth ten, 20, $30 billion. There's very few of those in the w ...

You are in the camp of people that listened to Jensen, one when he said this is going to be a $1 trillion opportunity or industry, and then very recently said actually it's going to be a three or $4 trillion opportunity. And now you, like many say, it's a bit more believable to us. Just explain your thesis.Perfect. And thanks for having me on the show. I think in a prior segment you had Joanne on talking about how the pie keeps on growing.If you look at compute announcements since December of 2024, through ...

A lot of focus at the moment on the neo cloud and scale kind of fits into that. What are the details from this story. We know a lot more than what you said.This is 1.1% billion. They've described it as one of the large actually, they said it's the largest series B round in Europe. You know, it's really fascinating to see the scale, though.We have some in our in our story in the Bloomberg today, but this might be just the amount of money they need to purchase just one of their data centers they have had plan ...

At what point does Intel become interesting as an investment opportunity when the government seems to be backing it so hard. Well, clearly the government is changing the game for Intel, but their challenges remain and there are challenges around the innovation side. Their design plus manufacturing has run into trouble over the past few years, so much so that they've lost a lot of market share to AMD and they failed to become a player in the AI advanced chips.No amount of government investment is going to ma ...