Skip to main content

AustraliaBreaking News

Bloomberg
Financial

Redpoint's Brescia on Nvidia's $500B Funding, AI Capex

Erica Brescia, Managing Director at Redpoint Ventures, discussed Super Micro's robust business model and strong market position during the segment. Despite recent volatility, Super Micro benefits from significant pricing power and a durable business model as a key supplier of hardware components essential for AI-driven growth. She speaks with Romaine Bostick on "The Close."

Read more
Bloomberg
Financial

Pakistan Says Deal Is Close Even as Iran, US Harden Stances

Pakistan's defense minister said the US and Iran are "close to some sort of arrangement" over the Strait of Hormuz, even after both sides appeared to toughen their positions in the long-deadlocked negotiations. Noam Raydan, William Sudhaus Senior Fellow at The Near East Institute says the data shows that the Strait of Hormuz and Red Sea will remain essential choke points.

Read more
Bloomberg
Financial

Fmr. FDA, CDC Official on Cyclospora, Food Safety Issues

Steve Ostroff, Former Acting Commissioner of the FDA and Former Deputy Director of the National Center for Infectious Diseases at the CDC, joined the program to discuss the public awareness timeline of the cyclospora outbreak. The conversation highlighted that while the outbreak became widely known in early to mid-July, there were reports suggesting that government agencies had knowledge of the issue weeks prior to public disclosure. He speaks with Romaine Bostick on "The Close."

Read more
Bloomberg
Financial

SiTime CEO on Role in AI Data Centers, Renesas Deal

Rajesh Vashist, Chairman and CEO of SiTime, discussed the company's impressive triple-digit year-over-year revenue growth, attributing much of the acceleration to AI-driven demand and the expanding data center market. SiTime's technology plays a critical role in timing synchronization across various data center components, including TPUs, GPUs, switches, accelerator cards, optical modules, and cables, ensuring high performance and cost efficiency. He speaks with Romaine Bostick & Isabelle Lee on "The Close."

Read more