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Bloomberg's Emily Chang breaks down Meta's latest quarterly earnings missing analysts estimates. Plus, the Senate passes a bill to reinvigorate the US chips industry, and why Cathie Wood's Ark just sold $75 million in Coinbase shares.

Bloomberg's Emily Chang breaks down Meta's latest quarterly earnings missing analysts estimates. Plus, the Senate passes a bill to reinvigorate the US chips industry, and why Cathie Wood's Ark just sold $75 million in Coinbase shares.

Listen for news and analysis on global technology companies and investors. 

Hosts Caroline Hyde and Ed Ludlow bring you the only daily news program focused exclusively on technology, innovation and the future of business.

Listen for news and analysis on global technology companies and investors.&nbsp; Hosts Caroline Hyde and Ed Ludlow bring you the only daily news program focused exclusively on technology, innovation and the future of business.

Bloomberg Technology is the only daily news program focused exclusively on technology, innovation and the future of business.

Bloomberg Tech

Meta Disappoints and US Chips Bill Passes the Senate

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/a59ed289-0a40-433c-a146-aedf0172667f/transcript

Bloomberg’s Ed Ludlow discusses Microsoft’s and OpenAI’s decision to drop exclusivity rights on AI models in a move that opens the doors for the rivals to make new deals. Plus, China blocks Meta's $2 billion purchase of AI startup Manus. And the feud between Elon Musk and Sam Altman heads to court with the Tesla CEO alleging OpenAI abandoned its founding mission.

Bloomberg&rsquo;s Ed Ludlow discusses Microsoft&rsquo;s and OpenAI&rsquo;s decision to drop exclusivity rights on AI models in a move that opens the doors for the rivals to make new deals. Plus, China blocks Meta's $2 billion purchase of AI startup Manus. And the feud between Elon Musk and Sam Altman heads to court with the Tesla CEO alleging OpenAI abandoned its founding mission.

OpenAI Drops Exclusivity Deal with Microsoft

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/6150e86b-c22a-4b10-8b76-b43901136351/transcript

Bloomberg’s Ed Ludlow discusses his conversation with Intel CEO Lip Bu Tan following the company’s strong earnings that sent its stock blasting past its dot-com era peak. Plus, Google plans to invest up to $40 billion into rival Anthropic. And tech job cuts ramp up, with Meta and Microsoft planning layoffs or announcing buyouts as AI spending surges.

Bloomberg&rsquo;s Ed Ludlow discusses his conversation with Intel CEO Lip Bu Tan following the company&rsquo;s strong earnings that sent its stock blasting past its dot-com era peak. Plus, Google plans to invest up to $40 billion into rival Anthropic. And tech job cuts ramp up, with Meta and Microsoft planning layoffs or announcing buyouts as AI spending surges.

Intel Delivers Strong AI-Fueled Outlook

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/755dd34e-0e09-439a-81b3-b4360116bfe1/transcript

Bloomberg’s Caroline Hyde and Ed Ludlow discuss Tesla’s plans to spend an additional $25 billion this year to support Elon Musk's AI ambitions. Plus, Intel shares jump after the company pledges to support Musk's advanced chip manufacturing project, Terafab. And Lyft CEO David Risher discusses the company’s international growth plans as the ride-hailing firm buys the London black cab app Gett.

Bloomberg&rsquo;s Caroline Hyde and Ed Ludlow discuss Tesla&rsquo;s plans to spend an additional $25 billion this year to support Elon Musk's AI ambitions. Plus, Intel shares jump after the company pledges to support Musk's advanced chip manufacturing project, Terafab. And Lyft CEO David Risher discusses the company&rsquo;s international growth plans as the ride-hailing firm buys the London black cab app Gett.

Tesla Plans Additional $25 Billion in Spending

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/fa082276-ec1b-431d-944c-b435011f6cb6/transcript

Meta Disappoints and US Chips Bill Passes the Senate

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