I know writer to be another land focused company, a genetically focused company for the enterprise. Either you beat Salesforce at that or you work with them at that. Which is it.Yeah. What we do is help companies rewire operations to be AI native, and so partnerships with companies like Salesforce are really important part of that. So it's definitely the partnership angle.But there is something to be said around doing things native and being able to start with a blank sheet of paper versus, you know, layeri ...

There is a strategy now, right, a different environment to say, 2020 through 2022. And I'm trying to make sense of of what links it all. You seem to want to look at the high street a little bit and retail.What is your big strategy. Well, yeah, just in the past year, we've actually rolled out from 19 locations to over 100 locations for distribution. So we now we have more places for people to see and touch and feel the total product, which is incredible because we have 75% NPS and some of the lowest churn in ...

♪ >> BLOOMBERG TECH IS LIVE FROM COAST-TO-COAST WITH CAROLINE HYDE AND ED LUDLOW. >> PRESIDENT TRUMP SIGNALED OPENNESS TO A DEAL WITH CHINA. WHAT IT MEANS FOR TECH AND RARE EARTHS.AND WARNER BROS. DISCOVERY HAS REBUFFED PARAMOUNT SKYDANCE’S INITIAL DISWRIERVEG APPROACH FOR BEING TOO LOW. ACCORDING TO SOURCES.WE’LL HAVE THE LATEST. BUT FIRST, WE GO OUT TO THE MIDDLE EAST. WHERE PRESIDENT TRUMP IS IN THE MIDDLE OF A VISIT IN RECOGNITION OF THE END OF THE WAR IN GAZA WITH BOTH HAMAS AND ISRAEL RELEASING HOSTAG ...

Space Exploration & Technology - SpaceX's Starship version three is preparing for orbital tests and recoveries, indicating significant advancements in space technology [2] - SpaceX is playing a crucial role in enabling competitors to access space, highlighting its leadership in the space sector [3][4] - The US is expected to have at least two major players in the broadband from space ecosystem, enhancing its geostrategic position [5] - Blue Origin's New Shepard has successfully launched six additional people into space, totaling approximately 86 space tourists, demonstrating growth in space tourism [7] Industry Dynamics & Market Growth - Consistency in launches and operations is crucial for the space economy's continued growth [8] - The commercial space sector is maturing and becoming less reliant on NASA for certain activities [11] - The space sector is evolving into a growing asset class [12] NASA & Future Goals - The Trump administration aims to accelerate the timeline for returning to the moon and progressing to Mars, potentially before 2028 [13][14] - SpaceX is expected to provide critical transportation for lunar and Martian missions, aligning with NASA's exploration goals [15] - NASA's need is primarily political and strategic, as commercial companies demonstrate increasing independence [12]

AI Chip Market & Custom Silicon - Broadcom's AI chip run rate is almost $20 billion, with over half from Google's TPU [1] - OpenAI aims to reduce costs by 30-40% per gigawatt by partnering to ramp up custom silicon like Google's TPU [2] - Broadcom helps lower chip costs, which are the highest component in a gigawatt buildout, by 30-40% [3] - Custom silicon, like Google's TPU, offers performance advantages that merchant silicon cannot match [9][10] Hyperscaler Strategies & Competition - Google's infrastructure costs are the lowest among hyperscalers due to its success with Broadcom's TPUs [4][6] - Amazon is using Marvell for Cranium, and Microsoft is also working with Marvell, but they haven't achieved the same success as Google with Broadcom [5][6] - OpenAI is pursuing custom silicon with Broadcom, similar to Google's approach, to optimize performance and cost [6][10] Data Center Cost & Efficiency - Chips account for 60-70% of data center costs, making cost optimization crucial [6] - Custom silicon allows for optimization of performance per watt, addressing power constraints and minimizing latency [9] - Companies are exploring ways to run large language models more efficiently, including tiny recursive models [8][9]

I interviewed Elon Musk at the height of Doge and it was one of the most intense conversations of my life. It was at an economic event in Doha, a business crowd, a home crowd if you like for him. And it was exciting to be there talking to one of the most powerful people in the world.Things were going reasonably well, I thought. But I must have hit a nerve because then the conversation took a different turn. I mean, I feel you're somewhat trapped in the uh NPC dialogue tree of a traditional virt uh journalis ...

What would you say to those though who would say look the the legacy banks they have the data sets they have the resources and then in fact rather than leveling the playing field with fintech AI is actually going to give a greater advantage to legacy banks because of those factors. Well, look, I've always said that in my opinion, there are three players of companies that can play in the space, right. It's the big tech companies, Google, Amazon, etc. It's fintech or it's banks.There will obviously be incumbe ...

Financing Structure - XAI utilizes a special purpose vehicle (SPV) to finance its GPU acquisition for the Colossus 2 data center [1] - The SPV purchases Nvidia processors and rents them back to XAI [1] - Investors are backing the chips themselves, not necessarily investing directly in XAI [2] - Wall Street funds the GPUs, and XAI rents them for 5 years, with investors being repaid through rental fees [3] - This structure results in less debt on XAI's corporate balance sheet and faster access to compute [3] Investment Details - The financing round totals approximately $20 billion, split between $125 billion (12250%) of debt and $75 billion (7500%) in equity [2] - Nvidia is investing around $2 billion into the equity portion of the deal [2] Strategic Implications - Nvidia's investment is part of its strategy to fuel AI demand and infrastructure buildout [2] - The financing structure could become a template for other major AI players to manage the rapid scaling of AI infrastructure [3]

How do you see financial services, the workforce when it comes to financial services changing in the next say 5 to 10 years. Well, I for one have been trying to be a little bit more honest about this because I feel a lot of my tech bros are being slightly, you know, not to the point on this topic. I think there is a massive shift coming to knowledge work and it's not just in banking, it's in society at large.There are 8,000 people in Brussels that work as translators and I would argue that most of that can ...

Market Volatility & Geopolitical Risk - Market volatility and uncertainty are inherent costs of engaging with totalitarian states like China [2] - Expect continued market posturing and negotiation cycles, particularly around extension deadlines [3] - Long-term market stability hinges on US dominance in next-generation industries, diminishing China's influence [5] US Competitive Strategy - US needs to prioritize speed as a weapon to compete with China's top-down efficiency [12] - Private sector innovation and manufacturing are crucial for achieving American dominance [8][9] - Regaining control over materials and supply chains is essential for US competitiveness [9] Investment & Capital Allocation - Significant capital investment, such as JPMorgan's potential $500 billion to $1.5 trillion allocation, can accelerate growth in key national security industries [9][10] - Capital infusion enables companies to move faster in building, rebuilding, and dominating critical sectors [11][12] Rare Earths & Strategic Independence - China is currently exerting leverage through rare earth elements [6] - The US is recognizing the need for greater independence in rare earth materials [6]