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Micron Plans $200 Billion US Chip Spend, Chime IPO | Bloomberg Tech 6/12/2025
Bloomberg Technology· 2025-06-13 13:35
BLOOMBERG TECH IS LIVE WITH CAROLINE HYDE AND ED LUDLOW. ED: COMING UP, MICRON BOOSTS ITS COMMITMENT TO INVEST IN NEW R&D IN THE USA. CAROLINE: WE STAY ACROSS THE EVOLVING STORY OF THE BOEING DREAMLINER CRASH AT LEAST 200 DEAD.ED: THE FINTECH FIRM CHIME PRICES ABOVE RANGE. >> FIRST WE CHECK IN ON THESE MARKETS. THERE IS CAUTIOUS TRADING AS WE DIGEST ANOTHER POINT SHOWING INFLATIONARY PRESSURE IS NOT AS HIGH AS EXPECTED.CAN THE FED RAISE -- CUT NOT ONCE BUT TWICE THIS YEAR FOR 2025 WITH THE MARKET PRICES IN. ...
Tensions Over NASA’s Future
Bloomberg Technology· 2025-06-13 12:50
Many would say NASA needs to be going for the moon shots to use a better pun, but they should be going for extraordinary exploration. They perhaps shouldn't be funding well testing of, well, certain private companies engines. They shouldn't be actually beefing up in terms of manages.They'd be stripping layers. But is this going to the moon shots to. Well, I think that's kind of the question of of the moment right now.There's this fundamental tension of what an asset is supposed to be. You know, for years, f ...
Oracle Earnings and Chip Demand
Bloomberg Technology· 2025-06-12 20:09
All of this. Oracle's numbers, which we'll get into later in the show, the fact that we're seeing a commitment in terms of money and investment coming from Micron, it all signals supply is needed. They can't build it fast enough.You're right, Caroline. I mean, and I think we've heard that consistently from the Hyperscalers. You know, there was that Mecca dinner where Elon Musk and Larry Ellison had dinner with with Jensen Wong and just kept saying, More chips, please, More chips.The supply constraint is the ...
Chime CEO Talks Growth As the Fintech Goes Public
Bloomberg Technology· 2025-06-12 19:03
How do you feel. Chris. We could see a 66% pop in the shares.Wow. I feel great. Today is such a momentous day for all of us here at Chime.We're so grateful to our members who rely on us for their everyday banking. And I'm just incredibly grateful for this team around me that has built a business that we really see as ushering in a new era for banking and one that's aligned with the best interests of everyday members. Chris We made a lot in the show over the years of kind of the down rounds, the valuation of ...
AI Agents are starting to fill entry-level jobs: Notable’s Solomon
Bloomberg Technology· 2025-06-10 20:14
It's a nice way to to think about it from idea to IPO. But you know like that's the history of Silicon Valley, right. That's what every founders sets out to do.Among those 11, what are you most proud of. What was the sort of steepest arc, would you say. It's great to be here.You know, we've at notable really built our business around focusing on the founder. And I think the primary lesson we've learned from the successes we've had is that if we serve founders really well, if we provide them with a unique ex ...
NASA Has Options Besides Musk, ULA’s CEO Says
Bloomberg Technology· 2025-06-10 20:08
I was interested to see something hit my inbox, which is the moment that Elon Musk threatened to decommission Dragon, which was a response to the President of the United States threatening to cancel government contracts if some of Elon Musk companies You made the argument that now is the time to talk and realize that we need many more options for space beyond SpaceX X, which dominates commercial payload from Earth to orbit. Do you believe that you are one such option. Well, of course we are in the governmen ...
Uber and Wayve Plan UK Self-Driving Trial
Bloomberg Technology· 2025-06-10 19:58
I'm really focused. An analysis here is what London means for the growth story of Robotaxis. More broadly, why is it difficult to trial run that.Well, I mean, let me start by saying that London is a big market for Uber. They often cited as one of the five most important cities globally, and they're in the earnings calls and they reports. So this is a big development that they are working with their partners to start deploying, rub off, to do planning to deploy roaming taxis in London.But these types of stre ...
Tech Investors Watching US-China Trade Talks
Bloomberg Technology· 2025-06-10 19:14
How much is riding on these days of talks. How much do you think ultimately does make a decision for you within your portfolio. Yeah, I think we've seen the market react really well over the last couple of weeks to certainly a reduction in some of the tariffs on China and other companies, countries as well.This would be very critical, I think, especially for the tech sector, especially talking about export restrictions. There's certainly parts of the tech sector like NVIDIA, most recently the electronic des ...
Why Apple’s Updates Impress Users, Not Investors
Bloomberg Technology· 2025-06-10 19:10
In our discussion with Apple BDC, we say that liquid glass is the most significant design overhaul for an OS interface ever. What did you make of it and what do we need to know. Yeah, so the significance of this interface change is how broad it is, right.It's available on all of Apple's devices. This is the first time they're doing a user interface revamp across all the devices. And it's also interesting because it sets the stage for future Apple devices, right.In terms of hardware, the Apple devices are go ...
Meta Plans New ‘Superintelligence’ AI Group
Bloomberg Technology· 2025-06-10 19:03
It feels as though Mark Zuckerberg is rallying his troops. He's got his own personal WhatsApp for this well party, he calls it. That's right.We've been told that he's essentially more involved in recruiting for this team than he has ever been at the company in more than 20 years. This is something that has you know, he's had a fire that under him. Back in April, when their llama four model was released and quite frankly, disappointed people, not only disappointed experts outside the company who are reviewin ...