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Amazon-Backed Zoox Opens Robotaxi Plant
Bloomberg Technology· 2025-06-18 18:26
The obvious question is like 10,000 robotaxis a year at full scale. It's a lot of potential, but what's the reality. Aisha, I've always known you to be very pragmatic.Give me the sort of target for this year and next year for what will roll off the line. Yeah, the reality is really first of all, thanks for having me and good to see you. The reality is that we're just ready.We are. As you know, we're very excited. We're finally headed to our commercial launch in starting in Las Vegas later this year.And from ...
Stablecoin Bill Will Boost Dollar Demand: Sacks
Bloomberg Technology· 2025-06-18 18:20
I think the immediate question is the immediacy of how quickly the bill passes to the president's desk and how you see that happening. Well, thanks, Ed. Glad to be here.So the next step here is for the House to take it up. And I think the House is considering its options, but I think we're basically at the finish line here. The House already passed a similar version of the bill called the Stables Act.And I think that we're very close here to having a bill that can go to the president's desk. There is also a ...
TikTok Ban Extension Likely the Last: McCourt
Bloomberg Technology· 2025-06-18 18:03
Frank. This is a never ending story, is it not. Well, it just does seem that it's it's taking a long time to get a deal made here.You know, you had the 270 days and then the the 275 day extensions and now another 90 days. So, yeah, it's it's been a while. But, you know, I've learned to be very patient, to hang around the group.A lot of good things get done when that happens. And, you know, my sense is and this is not a you know, this is purely purely my opinion, but I think this is the last extension. I thi ...
Scale AI’s Wang Joins Meta, Brings Deep Industry Connections
Bloomberg Technology· 2025-06-17 20:02
You have been really helping paint a picture of what Alexander Wang brings to the table here at matter. What does he apart from clear. Tenacity.I mean, he's a fascinating character within the valley. He's not a household name, but I think if you work in A. I., you definitely know who this person is. He was kind of a like, you know, Wonderboy in the world, like, started a company when he was still a teenager, went through Y Combinator and then built Scale A. I., which has become this startup that delivers ki ...
Making Lithium Batteries Without Rare Earths From China
Bloomberg Technology· 2025-06-17 19:49
We have some tension here. Bloomberg's Joe Doe. The United States cannot produce rare earths in the volumes that are required.This is your whole raison d'etre. Emily very much for having me. Thank you.And he's exactly right. We don't produce anything in this country at scale that is used in a battery or that is a rare earth. Exactly what he said is applicable to our battery materials.So what pure lithium has done is we have invented our way out of this problem. We know that you cannot copy paste China's lit ...
Investing in the AI Buildout
Bloomberg Technology· 2025-06-17 19:40
I'm interested in what you think about the federal support of chips and the incentives to build here in the United States. Ultimately, is that what you want to see from a profit margin perspective. I think it highlights the importance of semiconductor industry as a whole, the strategic importance.But I think it's not just us, right, globally. Each country, they want to see more capacity built domestically for domestic consumption. So I think broadly speaking, it's too early to tell whether or not it's neces ...
Two-Factor Authentication Codes May Not Be So Private
Bloomberg Technology· 2025-06-16 19:54
This is an investigation, a deep one, Ryan, just showing how actually we shouldn't really be using text SMS as a form of two factor authentication. That's right. Yeah.We we looked in depth at this issue because I think a lot of people don't realize that when you log to whether it's a banking app or whether it's Google or metal, when you receive one of these logging codes via SMS, it's not actually coming directly from the tech company or the platform that you're logging into is routed through intermediaries ...
Identifying for Big Visions From Early Players
Bloomberg Technology· 2025-06-16 19:48
Investment Thesis & Market Trends - The cost of achieving a high level of artificial intelligence is decreasing [1] - Investors are focusing on early-stage companies to capitalize on the AI trend [1][3] - A new era is emerging where the cost of intelligence is approaching zero, impacting both consumer and enterprise sectors [2] - Large companies are showing interest in acquiring smaller AI companies [4] Venture Capital & Startup Strategy - Venture capital firms are targeting founders with ambitious visions who aim to disrupt markets rapidly [3] - Product-market fit is crucial for startups, requiring early customer engagement and continuous iteration [10][11] - Venture firms assist founders in achieving product-market fit through customer conversations, team building, business strategy, and connecting with subsequent investors [11] Competitive Landscape & M&A - Major players like Amazon are significantly investing in AI [4] - Mergers and acquisitions (M&A) are expected to occur at all stages of startup development, from early-stage to more mature companies [6] - Perplexity is recognized for its innovative approach to knowledge engines and is developing a new browser, Comet, to redefine generative solutions [7][8][9]
Social Media Platforms Push AI-Generated Ad Tools
Bloomberg Technology· 2025-06-16 19:42
Just talk about the euphoria around how generative AI is going to be helping the AI offering and advertising offering, but is it going to impact companies and people. So everyone is in agreement that AI is going to lower the barrier to entry for advertising. Where is all the friction been in the creative in ad buying process.Generating creative. Figuring out where you're going to invest your dollars, launching those ads and auto optimizing experiences, and ultimately getting reporting back where the frictio ...
Why Tesla Could Have a Self-Driving Advantage
Bloomberg Technology· 2025-06-16 19:12
The kind of key headline from from the React piece is that Tester's vehicle cost is about one seventh of waymo's. Why were you so focused on that, Steve. Well, I think I think that the critical piece in getting it on a commercial basis on a mass scale basis and also the payback is also important.If you can produce the cars at a fraction of the price. You know, you can get more of these vehicles out on the road. And also, you know, whoever is running them can actually make their money back much sooner.The is ...