Bloomberg's Ed Ludlow looks at OpenAI mulling a restructuring and discussing giving Sam Altman a 7% equity stake in the company. Plus, Micron shares see their biggest one-day gain since 2011 on the back of earnings, a look at Meta's augmented reality strategy, and NYC Mayor Adams gets indicted. 

Bloomberg's Ed Ludlow looks at OpenAI mulling a restructuring and discussing giving Sam Altman a 7% equity stake in the company. Plus, Micron shares see their biggest one-day gain since 2011 on the back of earnings, a look at Meta's augmented reality strategy, and NYC Mayor Adams gets indicted.

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

OpenAI's Restructuring, Micron Shares Surging

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On this special edition of “Bloomberg Tech,” Caroline Hyde and Ed Ludlow discuss Apple’s CEO transition as the company announces hardware boss John Ternus will take over for Tim Cook on Sept. 1. Plus, Cook will become executive chairman, ensuring his corporate diplomacy skills and his strong ties with President Donald Trump remain on call for Apple. And Ternus’ appointment signals Apple plans to stay focused on hardware.

On this special edition of &ldquo;Bloomberg Tech,&rdquo; Caroline Hyde and Ed Ludlow discuss Apple&rsquo;s CEO transition as the company announces hardware boss John Ternus will take over for Tim Cook on Sept. 1. Plus, Cook will become executive chairman, ensuring his corporate diplomacy skills and his strong ties with President Donald Trump remain on call for Apple. And Ternus&rsquo; appointment signals Apple plans to stay focused on hardware.

Apple CEO Transition: Hardware, AI, China

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Bloomberg’s Caroline Hyde and Ed Ludlow discuss Google’s plans for new AI chips focused on inference. Plus, Blue Origin successfully launches and lands a reusable booster for its New Glenn rocket but fails to place its payload satellite in the correct orbit, sending shares of AST SpaceMobile sinking. And Cerebras plans an IPO, months after withdrawing a previous attempt at a public listing.

Bloomberg&rsquo;s Caroline Hyde and Ed Ludlow discuss Google&rsquo;s plans for new AI chips focused on inference. Plus, Blue Origin successfully launches and lands a reusable booster for its New Glenn rocket but fails to place its payload satellite in the correct orbit, sending shares of AST SpaceMobile sinking. And Cerebras plans an IPO, months after withdrawing a previous attempt at a public listing.

Google to Release New AI Chips, Challenging Nvidia

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Bloomberg's Caroline Hyde and Ed Ludlow discuss Netflix's lackluster forecast for the second quarter and co-founder Reed Hastings stepping down after 29 years at the company. Plus, the US government plans to make a version of Anthropic's Mythos model available to major federal agencies to tackle cyber risks despite the company's ongoing legal feud with the Pentagon. And, Sequoia Capital raises $7 billion for its latest expansion fund, targeting AI giants like OpenAI and Anthropic.

Bloomberg's Caroline Hyde and Ed Ludlow discuss Netflix's lackluster forecast for the second quarter and co-founder Reed Hastings stepping down after 29 years at the company. Plus, the US government plans to make a version of Anthropic's Mythos model available to major federal agencies to tackle cyber risks despite the company's ongoing legal feud with the Pentagon. And, Sequoia Capital raises $7 billion for its latest expansion fund, targeting AI giants like OpenAI and Anthropic.

Netflix Drops After Worse-Than-Expected Forecast; Hastings Exits 

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OpenAI's Restructuring, Micron Shares Surging

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