Bloomberg News and Videos — Page 502

Mark Douglas, CEO of the ad tech company MNTN, discussed Meta's reported ambitions to expand beyond advertising into cloud infrastructure. Douglas expressed skepticism about Meta's ability to compete with established cloud providers like AWS and Google Cloud, citing high switching costs for customers and Meta's lack of excess AI infrastructure capacity to monetize. He speaks with Romaine Bostick & Katie Greifeld on "The Close."

Bloomberg's Michelle Davis joins Dani Burger on "Bloomberg Deals" to discuss what's top of mind in media M&A as moguls gather in Sun Valley for Allen & Co.'s annual conference.

Will Todman, chief of staff of the Geopolitics and Foreign Policy Department and senior fellow of the Middle East Program at CSIS, said that a low level conflict with outbursts from both the US and Iran is more likely than an 'all-out' war because the economic costs to both countries are too great. Todman said that Iran is 'very keen' to keep control over the Strait of Hormuz as an economic and strategic negotiating tool.

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Bailey Lipschultz.

OpenAI is expanding the release of its most advanced model after getting the green light from the Trump administration. GPT-5.6 will now be available globally. Bloomberg's AI editor Seth Fiegerman reports.

Brian Dobson, managing director & senior analyst, and Greg Pendy, director & equity analyst, at Clear Street discuss their buy rating on SpaceX and say that they're looking at the rocket business as a 'placeholder' for other growing parts of the business like Starlink or xAI.

Grace Lee, partner & managing director and co-lead of the media & entertainment practice at Alix Partners, joins Dani Burger on "Bloomberg Deals." They discuss media dealmaking as executives descended this week on Sun Valley, Idaho, for the Allen & Co. annual gathering of media, technology and finance moguls.

Broadcom is going to more than 15 billion chips in the US as part of an extended deal with Apple. Mark Gurman reports on how those new US-made components will be used on "Bloomberg Tech."

Krishna Veeraraghavan, global co-head of M&A at Paul Weiss, joins Dani Burger on "Bloomberg Deals." They discuss the current pace of M&A deals, capital coming back into public markets, and AI continuing to drive deal activity.

Bloomberg's Liana Baker joins Dani Burger on "Bloomberg Deals." Bank of America handed a $520 million credit line to OpenAI in recent weeks after previously spurning the artificial intelligence giant's request, according to people with knowledge of the matter .