Bloomberg's Caroline Hyde and Ed Ludlow break down Meta's restructuring plans to slash 10,000 roles and 5,000 vacant positions, and why the likes of Apollo and Blackstone are eyeing SVB's assets. Plus, a conversation with Founders Fund's Trae Stephens and former IBM CEO Ginni Rometty.

Bloomberg's Caroline Hyde and Ed Ludlow break down Meta's restructuring plans to slash 10,000 roles and 5,000 vacant positions, and why the likes of Apollo and Blackstone are eyeing SVB's assets. Plus, a conversation with Founders Fund's Trae Stephens and former IBM CEO Ginni Rometty.

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

More Job Cuts at Meta and Big Equity Firms Circle SVB Assets

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ce95441b-60a0-4822-9755-afc5011cc43c/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

Bloomberg’s Caroline Hyde and Ed Ludlow discuss Google Cloud's latest generation of tensor processing units, or TPU, and the Alphabet division’s new partnerships. Plus, a small group of unauthorized users has accessed Anthropic's new AI model, Mythos, according to a source and documents reviewed by Bloomberg. And Rivian CEO RJ Scaringe joins as his company’s new R2 model, its smaller, cheaper SUV, begins rolling off the manufacturing floor in Normal, Illinois.

Bloomberg&rsquo;s Caroline Hyde and Ed Ludlow discuss Google Cloud's latest generation of tensor processing units, or TPU, and the Alphabet division&rsquo;s new partnerships. Plus, a small group of unauthorized users has accessed Anthropic's new AI model, Mythos, according to a source and documents reviewed by Bloomberg. And Rivian CEO RJ Scaringe joins as his company&rsquo;s new R2 model, its smaller, cheaper SUV, begins rolling off the manufacturing floor in Normal, Illinois.

Google Cloud Debuts New AI Chips

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/74e389f0-bcac-477f-88fe-b434011822b7/transcript

More Job Cuts at Meta and Big Equity Firms Circle SVB Assets

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