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Databricks Co-Founder: IPO a Matter of "When" Not "If"

Databricks Co-Founder and Senior VP of Field Engineering Arsalan Tavakoli sees an endless amount of possibilities in the AI space, but also the need for governance at all levels of the industry as the company waits for the right time to go public. He speaks to Romaine Bostick and Emily Graffeo on Bloomberg's 'The Close.'

Read more: Databricks Co-Founder: IPO a Matter of "When" Not "If"
Bloomberg

Crypto Rewiring Financial Infrastructure

Dushyant Shahrawat, Bloomberg Intelligence Crypto & Assets Analyst, says crypto it here to stay and promises to change the way financial products are manufactured. He argues that just like we got used to trusting software and AI, the financial world will do the same with cryptocurrencies, and that the increased use of platforms like Venmo was just the first step.

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Bloomberg

Ford Cashes In on Sales of High-Margin SUVs

Ford Motor Co. posted earnings ahead of Wall Street estimates and raised its outlook for the second time this year on higher prices and strong sales of high-margin sport-utility vehicles. Erin Keating, Cox automotive executive analyst, says some brands are continuing to cater to customers that want mid-size SUVs, but in the US, there are plenty of buyers for more expensive full-size pickups and SUVs. She speaks on "Bloomberg The Close."

Read more: Ford Cashes In on Sales of High-Margin SUVs
Bloomberg

Space Industry Needs Economic Infrastructure Says Nebex CEO

Tejpaul Bhatia, the CEO of Nebex, said that his company, which is aimed at building a financial operating system for the space industry, saw an economic gap in the growth of space travel as more money is put into the growth of the commercial space industry. Bhatia compared the potential of a space economy to the role of American Express and Wells Fargo at the beginning of the railroad industry.

Read more: Space Industry Needs Economic Infrastructure Says Nebex CEO