Chipmaker AMD agreed to acquire World Labs for $8.2 billion, gaining an AI startup founded by industry pioneer and researcher Fei-Fei Li. Ed Ludlow explains why this is such a big deal for both companies (Source: Bloomberg)
AMD is acquiring World Labs, an AI startup founded by industry pioneer and researcher Fei-Fei Li, in an all-stock transaction valuing World Labs at about $8.2 billion. AMD CEO Lisa Su and World Labs co-founder and CEO Fei-Fei Li sit down with Bloomberg Tech's Ed Ludlow to discuss why AMD is purchasing World Labs, the two companies' shared vision for AI's future encompassing all layers of the stack, and how the industry needs to come together for shared responsibility in developing a safe technology that benefits all of society. (Source: Bloomberg)
Chipmaker Advanced Micro Devices Inc. agreed to acquire World Labs for $8.2 billion, gaining an artificial intelligence startup founded by industry pioneer and researcher Fei-Fei Li.
Kevin Carter, founder & CIO of EMQQ Global, joins Scarlet Fu and Eric Balchunas on "Bloomberg ETF IQ." They discuss the China AI Tigers ETF (ticker: TGRZ). (Source: Bloomberg)
Manus, an artificial intelligence startup founded in China, is expanding its AI agent offerings, aiming to gain further ground in one of the tech industry’s hottest areas.
Get a jump start on the US trading day with Dani Burger on "Bloomberg Open Interest." Oil surges as President Trump rejects Iran’s Hormuz proposa. Meanwhile, Nvidia makes a record $150 billion bet on its own stock. Plus, Akamai CEO Tom Leighton on a $12 billion Anthropic deal, LPL Financial CEO Rich Steinmeier on why AI won’t replace your advisor, and SpaceX sends Starship back to the skies. (Source: Bloomberg)
Gecko Robotics CEO Jake Loosararian says the next phase of AI safety is about keeping humans in control as autonomous systems move into the physical world. He discusses Gecko’s work with Nvidia on an open agent safety platform designed to set boundaries around AI agents operating robots, including in military and industrial settings. Loosararian argues that safety and rapid deployment don’t have to be at odds. He joins Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)
President Donald Trump and Anthropic CEO Dario Amodei met for dinner as their opposing views on AI safety increasingly shape the debate over how quickly the technology should advance. Amodei has called for “pacing” development of the most advanced models and stronger guardrails, while President Trump has pushed back against slowing AI development as the US races to stay ahead of China. Bloomberg’s Mike Shepard discusses what’s known about the meeting with Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)
Former SpaceX Starship software manager and Revel CEO Scott Morton calls the rocket’s first trip to orbit a “monumental step forward,” despite an engine failure during ascent. Morton, who spent nearly a decade at SpaceX before founding Revel, explains the software and automation behind Starship, why engineers will spend months analyzing data from the flight, and how the program’s ultimate ambition of building a rapidly reusable vehicle capable of taking humans to Mars was part of the vision from its earliest days. He joins Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)
Bloomberg’s Ed Ludlow breaks down Nvidia's decision to boost the size of its share buyback plan by a record $150 billion, taking the total amount to $235 billion. Plus, SpaceX's Starship rocket reaches orbit for the first time, marking a major milestone after an engine failed during ascent and briefly put the mission at risk. And, Meta taps MongoDB's president and CEO to lead a new AI platform for enterprise customers that Meta CEO Mark Zuckerberg called “the next major pillar of our business.” (Source: Bloomberg)
SpaceX's Starship reached orbit for the first time Monday morning, but the mission was cut short after an engine failed. The ship successfully deployed 26 satellites into orbit. Elon Musk's massive rocket then splashed down in the Pacific Ocean near Hawaii around three hours into the mission. (Source: Bloomberg)
Elon Musk should work with South Africa and launch his Starlink satellite internet service there, the country’s deputy communications minster said on Monday.
People constantly ask Bill McBride when the housing market might look a little less chaotic. His response, more often than not, is “yeah, good luck.” But for a more detailed answer, for our LA live show, Bill gave our audience a chart presentation that helps explain the slumping housing market, looking at mortgage rates, house prices, and home sales. (Source: Bloomberg)
Meta Platforms Inc. has tapped MongoDB Inc.'s president and chief executive officer, Chirantan "CJ" Desai, to lead a new AI platform for enterprise customers. Bloomberg's Seth Fiegerman reports. (Source: Bloomberg)
Executives from major artificial intelligence companies are expected to appear before New York City lawmakers next week, amid growing concern about a lack of guardrails around the technology.
Top executives from Anthropic PBC, OpenAI, Meta Platforms Inc. and Microsoft Corp. are urging policymakers to scrutinize the extent that artificial intelligence systems are improving themselves and take steps to safeguard the technology, adding to calls within the industry for greater oversight of AI.
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day than "Bloomberg Surveillance." (Source: Bloomberg)
Nvidia increased the size of its share buyback plan by $150 billion, taking the total remaining authorized amount to $235 billion. Ryan Vlastelica has more on "Bloomberg Open Interest." (Source: Bloomberg)
Kuaishou Technology’s AI spinoff announced its latest video-generation model ahead of a potential Hong Kong listing, stepping up efforts to close the gap on industry leader ByteDance Ltd.
