Live from Bloomberg's world headquarters in New York City. We're tracking the key players, the major moves and the capital flows shaping global market. This is Bloomberg deals.Welcome to another episode of Bloomberg Deals, the only show dedicated to corporate action reshaping markets. On today's show, Bank of America extending a new credit line to open eye. Bloomberg reporting that the bank had a change of heart after factoring in a potential massive IPO.Plus, in this week's investment committee, we dive in ...

We're saying that this is a u-turn. Give us the backstory. Well, it is an interesting clash.The AI sector right now is represented by companies like OpenAI, high growth, massive cash burn companies that are dominating the sector. And on the other hand, you have the old god of Wall Street, Bank of America, the second largest lender in The United States that is defined by its responsible growth mantra. So when a company like that comes out and ask for a credit line, you can see why that bank would be reticent ...

>> BLOOMBERG>> TECH IS LIVE FROM THE HEART OF SILICON VALLEY WITH ED LUDLOW IN SAN FRANCISCO. ED: THIS IS BLOOMBERG TECH. COMING UP, TECH MARKETS ARE MIXED AS U.S.-IRAN REVIVES RISK OFF SENTIMENT AND SINCE OIL HIGHER, PLUS OPENAI GETS A $520 BILLION CREDIT BY END FROM BANK OF AMERICA WHILE THE CHATGPT MAKER PREPARES TO ROLL OUT ITS MOST ADVANCED MODEL TOMORROW.ERIC HIPPEAU DISCUSSES THE EARLY STAGE INVESTING LANDSCAPE AT A TIME OF BALLOONING AI VALUATIONS, NEW YORK TECH SCENE, AND A LOT MORE. LET'S GET A CH ...

Welcome to Trader Talk. I'm Kenny Polcari, your host, and thanks for joining us. And today, we're talking to Jan Salaj, who is Reflexivity CEO and co-founder, and Jay Hatfield, who's the CEO and CIO of Infrastructure Capital Advisors.Gentlemen, thank you for joining us, and welcome to the conversation. There's so much to talk about, but we're going to start right away with what's happening to the price of oil now that we've got this at least a 60-day ceasefire deal. We've seen oil come down 27% in the last ...