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Don't See Evidence That US is on 'Back Heels' Against Iran, Says Megan Ortagus

Morgan Ortagus, a former deputy presidential special envoy, said she doesn't see proof of the narrative that the US is on its 'back heels' in negotiations with Iran and that strategic patience is on the side of the United States. Ortagus said that while military options are still on the table, what the Iranian regime is most scared of is not the US or Israel, but the uprising of its own people.

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Bloomberg
Financial

RUM Group's $3 Billion AI Opportunity

RUM Group posted record quarterly revenue as its push into AI infrastructure begins to show up in results following its acquisition of Northern Data. CEO Chris Pavlovski joins Bloomberg to discuss the company's Quake AI business, its push to monetize more than 250 megawatts of power capacity and what he calls a $3 billion annual revenue opportunity. He also explains why the company's Rumble video platform gives it an edge as AI expands into robotics. He joins Ed Ludlow on "Bloomberg Tech."

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Bloomberg
Financial

Sequoia Bets on Neros for American Drone Future (Correct)

Drone startup Neros has raised $250 million in a round co-led by Sequoia that triples its valuation to $2.5 billion as it expands beyond strike drones into autonomous systems and drone interceptors. CEO Soren Monroe-Anderson and Sequoia partner Shaun Maguire join Bloomberg to discuss plans to ramp up drone production, the race to build a US supply chain independent of China, and why they ultimately see a path to producing one million drones a year. They join Ed Ludlow on "Bloomberg Tech." (Corrects description of Sequoia's involvement in Neros funding in headline.)

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Bloomberg
Financial

Sequoia Bets on Neros for American Drone Future

Drone startup Neros has raised $250 million in a round co-led by Sequoia that triples its valuation to $2.5 billion as it expands beyond strike drones into autonomous systems and drone interceptors. CEO Soren Monroe-Anderson and Sequoia partner Shaun Maguire join Bloomberg to discuss plans to ramp up drone production, the race to build a US supply chain independent of China, and why they ultimately see a path to producing one million drones a year. They join Ed Ludlow on "Bloomberg Tech."

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Bloomberg
Financial

Sequoia's $250 Million Bet on America's Drone Future

Drone startup Neros has raised $250 million in a round co-led by Sequoia that triples its valuation to $2.5 billion as it expands beyond strike drones into autonomous systems and drone interceptors. CEO Soren Monroe-Anderson and Sequoia partner Shaun Maguire join Bloomberg to discuss plans to ramp up drone production, the race to build a US supply chain independent of China, and why they ultimately see a path to producing one million drones a year. They join Ed Ludlow on "Bloomberg Tech."

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Bloomberg
Financial

Apple's Glass-Centric iPhone Should Still Be Ready in 2027

Apple's planned glass-centric iPhone remains on track for 2027, Bloomberg reports, despite a Jefferies analyst saying supply-chain checks suggested the device had been canceled. Bloomberg Intelligence's Anurag Rana explains how new designs could help lift average selling prices for iPhone amid rising memory costs. He joins Ed Ludlow on "Bloomberg Tech."

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Bloomberg
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Nvidia Taps Wall Street for $500 Billion Funding Commitment

US investment giants including Apollo Global Management Inc., Blackstone Inc., BlackRock Inc. and Brookfield Asset Management are partnering with Nvidia Corp. to source $500 billion in financing for artificial intelligence infrastructure.  Bloomberg's Ed Ludlow joins to discuss this as well as Intel raised $20 billion in an upsized share sale, a third more than it was targeting when it announced the deal Monday morning.

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Bloomberg
Financial

'Guac Signal' Sparked Chipotle's Frantic Bid to Recall Jalapeños

Chipotle Mexican Grill Inc. figured out that jalapeños were the source of a salmonella outbreak and began an automated recall system to notify restaurants and destroy the tainted peppers. The company was able to identify the problematic ingredient before health agencies announced nationwide recalls, and it quickly replaced the jalapeños with batches from different growers. Bloomberg's Daniela Sirtori joined Bloomberg Intelligence to discuss.

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