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Crypto Breaking News

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Bloomberg

Robots Are Critical to US Manufacturing, Says Standard Bots CEO

Standard Bots has raised $200 million in a new round of funding to ramp up manufacturing of robotic arms in the US as the country vies to keep pace with China in building more advanced robots. Standard Bots co-founder and CEO, Evan Beard joins Caroline Hyde to discuss on "Bloomberg Tech."

Read more: Robots Are Critical to US Manufacturing, Says Standard Bots CEO
Bloomberg

Speaker Visits White House as FISA, Budget Bill Hang in Balance

Speaker Mike Johnson (R-La.) will head to the White House for a meeting Tuesday, an aide familiar confirmed, as a key spy powers tool's expiration looms and the House GOP ramps up ambitious plans for a third party-line budget bill. Mick Mulvaney, who served as director of the Office of Management and Budget and as acting chief of staff in Trump's first term, joined Balance of Power to discuss.

Read more: Speaker Visits White House as FISA, Budget Bill Hang in Balance
Bloomberg

OpenAI Joins Race for Public Market Cash

OpenAI has joined AI rivals with plans for a public listing later this year after the ChatGPT maker confidentially filed its S-1. This comes as the AI IPO pipeline has now reached some $3.6 trillion. However, according to PitchBook research, OpenAI may end up being the most expensive bet. Harrison Rolfes, senior analyst for PitchBook's private company coverage, joins Caroline Hyde on "Bloomberg Tech."

Read more: OpenAI Joins Race for Public Market Cash
Bloomberg

SpaceX IPO 'Watershed' Moment for Markets, Says Ives

Dan Ives, Global Head of Technology Research at Wedbush Securities, says that the SpaceX IPO expected later this week will be a "watershed" moment for markets. SpaceX, which is officially known as Space Exploration Technologies Corp., is preparing for an IPO that would value the company at about $1.8 trillion. Anthropic raised funds at a $965 billion valuation last month.

Read more: SpaceX IPO 'Watershed' Moment for Markets, Says Ives