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Robot Maker 1X Launches Model to Train Humanoids Faster
Bloomberg Technology· 2025-06-16 19:10
You would claim that this world model is the first of its kind and that you have the data from it that proves its effectiveness. But the main point is validation of that capability without collecting the real world data. Kaino Yes, you've got it mostly right.So what it really does is it gives us the ability to basically see the future with respect to what would happen if the robot actually takes these specific actions. And this allows us to really test at scale whether these new models that we're actually c ...
Trump Enters Mobile Space With Self-Branded Gold Phone
Bloomberg Technology· 2025-06-16 19:01
Mobile Technology & Market Strategy - Bloomberg discusses the Trump family's strategy to launch a self-branded mobile phone service featuring US-made phones [1] - The discussion involves Kelcee Griffis and Dana Wollman from Bloomberg, along with Caroline Hyde and Ed Ludlow on "Bloomberg Tech" [1] Resources & Engagement - Bloomberg Technology encourages viewers to subscribe to their YouTube channel for more tech-related content [1] - Bloomberg Technology provides links to full episodes of "Bloomberg Technology" and the latest tech news from Silicon Valley and around the world [1] - Bloomberg Technology promotes engagement through various social media platforms like X, Facebook, Instagram, LinkedIn, and TikTok [1] - Bloomberg Technology highlights the availability of a daily Bloomberg Technology podcast [1]
Meta's $14.3B Scale Investment, Apple's New Siri Launch | Bloomberg Tech 6/13/2025
Bloomberg Technology· 2025-06-13 21:00
>> "BLOOMBERG TECH" IS LIVE FROM COAST-TO-COAST WITH CAROLINE HYDE IN NEW YORK AND ED LUDLOW IN SAN FRANCISCO. CAROLINE: THIS IS "BLOOMBERG TECH." META FINALIZES AN INVESTMENT IN SCALE AI. THE CEO IS PUMPING UP AGI EFFORTS.AGO BE SALES OUTLOOK TOPS ESTIMATES BUT NOT ENOUGH TO CALL INVESTORS' CONCERNED THAT IT IS LOSING THE AI RACE. AND STABLECOIN PLANS PUTS PRESSURE ON VISA AND MASTERCARD WE SPEAK WITH THE CEO CRYPTO FIRM CIRCLE. THERE IS A CLEAR GEOPOLITICAL RISK FOR INVESTORS.WITH AGO WHAT THE ISRAELI ATT ...
Felicis Ventures Raises Its Largest Fund
Bloomberg Technology· 2025-06-13 20:27
Sunny, just tell us who the Alps are, what they're excited about you allocating towards. Hike online. It's wonderful to be here.I'd say it's a very exciting week for us. It's we've raised 900 million, our largest fund yet from mostly U.S. institutions that we're super proud to take money from. And these are hospital systems, museums, university endowments that are all doing like great things in the world.And we're proud to be in business with them and be proud like multiply their money and, you know, have i ...
Addressing AI’s Impact on the Gender Gap
Bloomberg Technology· 2025-06-13 20:21
Generative AI Impact on Workforce - Generative AI applications are currently automating administrative jobs largely held by women [1] - Disproportionate impact on women could create further gender inequities [2] - Current AI models are trained on internet data, which is heavily male-dominated [3][4] - Lack of representation of women in training datasets, especially in areas like caregiving and unpaid labor, leads to biased models [4] Addressing Gender Bias in AI - Upper Level is creating a gender dataset to represent women's experiences and challenges [5] - Blending gender data sets could lead to gender equality across broader training sets [6] - Training large language models to be more inclusive can counteract bias [6] Women's Adoption of Generative AI - A significant gap exists in the adoption of generative AI between men and women, potentially around 20 percentage points [8] - Women's lower activity on tech platforms due to misogyny and lack of trust impedes adoption of generative AI [9] - The adoption gap between men and women is widening [10]
Adobe Fails to Convince AI Skeptics with Sales Outlook
Bloomberg Technology· 2025-06-13 19:53
Shares are off by 5%. Worst day since March 2025, even though they beat and erased. Right.I mean, so Adobe is this kind of poster child of a company which was the kind of leader of their industry for 20 years. Nobody could touch them. And the question is, is coming.A lot of these apps are much more lightweight, cheaper, easier to use. Does Adobe stay relevant. That's the big question.And investors are not convinced. I mean, I think they're down 10% over the last year Adobe stock and down further today and i ...
Apple Sets Plans for Delayed Siri Launch in 2026
Bloomberg Technology· 2025-06-13 19:50
It was this week that WWE DC left us hanging on theory and you bring us some clarity. That's exactly right. So they did not talk about Siri features pretty much at all at WDC, other than to say they're still delayed and they'll be arriving in the coming year.So I looked into it and the new launch time frame is likely going to be as part of what will be known as iOS 26.4% and that it's currently scheduled for the spring time next year. So around March, April. And this will deliver the delayed Siri features.T ...
Meta Finalizes Investment and Acquihire of Scale AI
Bloomberg Technology· 2025-06-13 19:46
You brought us the idea that, of course, Alexander Wang was going to be part of this crucial team that Mark Zuckerberg is forming. This does seem to be yet another example of an acquired by big tech company. It does, because as you mentioned, Caroline, there is that $14.3% billion investment.But Alexander Wang is joining us. So are some of the other employees from scale. So while Medha is obviously, you know, now a 49% stakeholder and scale, it's taking the CEO over over to Metta.So a lot of people are sort ...
Geopolitical Tensions Weigh on Tech Investors
Bloomberg Technology· 2025-06-13 19:44
AI Investment Landscape - AI is considered a transformational technology, but investors are cautioned to carefully consider the connection between the technology and actual investment opportunities, as history contains examples of great technology that were not good investments [2] - Pure plays in AI are limited in public markets, potentially leading investors to private markets for more opportunities, though this space will have winners and losers [3] - Access to private markets involves direct exposure to software developers and AI tool providers, as well as ancillary providers of hardware, tech, and data centers [5] - Investors are exploring energy stocks, AI hardware, and software stocks in the equity markets, with data centers performing well due to the expected energy consumption of AI models [6][7] Technological Innovation & Market Dynamics - Initial concerns about energy demands for data centers have eased due to innovations like deep sea, which improved efficiency [7][8] - Supply anxieties have shifted to the ability to build infrastructure fast enough, reflecting a return to a market psyche focused on growth [9] - Innovation is continuously improving the efficiency and effectiveness of AI development [11] Global Expansion & Geopolitical Considerations - The US may not maintain a monopoly on AI technology, as other countries, including China, the UAE, and the European Union, are incentivizing domestic development [13][14] - Investors are cautioned against reacting too quickly to geopolitical conflicts, as markets tend to see through such events, especially for countries not directly involved [15][16] - Inflation, particularly related to energy infrastructure and shipping lanes in the Middle East, is a key concern due to its potential impact on input costs for consumers and goods [17]
Crypto Legislation ‘GENIUS Act’ Nears Passage
Bloomberg Technology· 2025-06-13 18:18
This report that potentially we see Amazon were already really galvanizing themselves to have their own stablecoins. How quickly could that up end Visa and MasterCard. Well, look, I think if you're a major technology company or you're a major commerce firm or you're a major financial institution, when you get legal certainty that stablecoin money is a new form of electronic money that is available to the global financial system, you're going to you're going to pay attention. And obviously you're going to lo ...