Bloomberg’s Caroline Hyde and Ed Ludlow discuss the curious financial structure Elon Musk’s AI startup, xAI, is using to expand its ongoing fundraise. Plus, Tesla unveils cheaper versions of its top-selling EV models. And, the UK Minister for AI discusses increased investments between the UK and US on tech innovation.

Bloomberg&rsquo;s Caroline Hyde and Ed Ludlow discuss the curious financial structure Elon Musk&rsquo;s AI startup, xAI, is using to expand its ongoing fundraise. Plus, Tesla unveils cheaper versions of its top-selling EV models. And, the UK Minister for AI discusses increased investments between the UK and US on tech innovation.

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

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

Musk’s xAI Expands Fundraise to $20 Billion

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/560c5756-ed1a-4ff4-873a-b3700150bcef/transcript

Bloomberg’s Caroline Hyde discusses ServiceNow’s plan to buy cybersecurity startup Armis for $7.75 billion, its largest acquisition to date. Plus, Nvidia's biggest buyer in Southeast Asia, Megaspeed, faces a chip-smuggling probe. And it was supposed to be crypto’s big year, but some of the sector's billionaires have been hit hard by recent price drops.

Bloomberg&rsquo;s Caroline Hyde discusses ServiceNow&rsquo;s plan to buy cybersecurity startup Armis for $7.75 billion, its largest acquisition to date. Plus, Nvidia's biggest buyer in Southeast Asia, Megaspeed, faces a chip-smuggling probe. And it was supposed to be crypto&rsquo;s big year, but some of the sector's billionaires have been hit hard by recent price drops.

Nvidia Buyer Megaspeed Faces Smuggling Probe

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/1de64c73-c742-48f2-b613-b3bc0153509c/transcript

Bloomberg’s Caroline Hyde discusses Larry Ellison’s personal guarantee to back Paramount Skydance’s bid for Warner Bros. Discovery. Plus, Google agrees to buy power provider Intersect Power for $4.75 billion, as the tech giant makes a push to grow its data center presence. And New York Gov. Kathy Hochul signs a bill regulating advanced artificial intelligence into law.

Bloomberg&rsquo;s Caroline Hyde discusses Larry Ellison&rsquo;s personal guarantee to back Paramount Skydance&rsquo;s bid for Warner Bros. Discovery. Plus, Google agrees to buy power provider Intersect Power for $4.75 billion, as the tech giant makes a push to grow its data center presence. And New York Gov. Kathy Hochul signs a bill regulating advanced artificial intelligence into law.

Larry Ellison Guarantees Paramount’s Bid for WBD

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/b99dfcb2-fd92-4347-886e-b3bb01612609/transcript

Bloomberg’s Caroline Hyde discusses the plans for a US-majority-owned TikTok. Plus, former TikTok boss Kevin Mayer shares his thoughts on that deal and the broader media landscape. And Oracle shares rise as the company plays into some of the year's biggest deals.

Bloomberg&rsquo;s Caroline Hyde discusses the plans for a US-majority-owned TikTok. Plus, former TikTok boss Kevin Mayer shares his thoughts on that deal and the broader media landscape. And Oracle shares rise as the company plays into some of the year's biggest deals.

TikTok Says Its Reached a US-Majority Ownership Deal

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c3951ea0-f9c8-4bac-a579-b3b8015e27ce/transcript

Musk’s xAI Expands Fundraise to $20 Billion

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