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When Will the UK Have Its First £100 Billion Tech Firm?

James Wise, general partner at Balderton Capital, says the UK could soon have its first £100 billion tech company. Wise, who also serves as chair of the UK Government's Sovereign AI fund, says policymakers must work with investors to help British firms scale globally. He speaks to Bloomberg's Tom Mackenzie at London Tech Week.

Read more: When Will the UK Have Its First £100 Billion Tech Firm?
Bloomberg

SpaceX IPO Shows Willingness to Finance AI, Waldron Says

John Waldron, Goldman Sachs president and chief operating officer discusses SpaceX's record IPO and whether markets can absorb two other possible big IPOs by the end of the year. "Capital markets are demonstrating a willingness to finance these extraordinary companies as we build out this AI infrastructure," he tells Bloomberg Television.

Read more: SpaceX IPO Shows Willingness to Finance AI, Waldron Says
Bloomberg

Tech Secretary Vows More Help for UK AI Sector

Technology Secretary Liz Kendall says the UK's Labour government will strengthen efforts to drive institutional funds into British tech companies, as she pledged more backing for the country's artificial intelligence sector. Speaking to Bloomberg TV during London Tech Week, Kendall said she wants The government wants to unlock investment into UK firms with legal reforms to how pension funds are run.

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Bloomberg

London's AI Ecosystem Never Better: ElevenLabs CEO

ElevenLabs Chief Executive Officer Mati Staniszewski says a growing number of founders believe they can build global companies from Britain. ElevenLabs, which uses AI to create a variety of realistic voices, is the UK's most valuable AI start-up at $11 billion. Staniszewski spoke to Bloomberg's Tom Mackenzie at London Tech Week.

Read more: London's AI Ecosystem Never Better: ElevenLabs CEO
Bloomberg

SpaceX Makes History With Biggest-Ever IPO

SpaceX raised $75 billion in its IPO, pricing 555.6 million shares at $135 each, sending it into the top ranks of the largest public companies and putting founder Elon Musk on the verge of becoming the world's first trillionaire. Bloomberg Intelligence's Matthew Bloxham breaks down the situation and what to expect from SpaceX's first day of trading.

Read more: SpaceX Makes History With Biggest-Ever IPO