Bloomberg News and Videos — Page 217

Two leading AI researchers at Google are planning to leave for rival Anthropic, according to sources, adding to a series of high-profile departures that risk undercutting the search giant's position in AI. Bloomberg's Julia Love joins Ed Ludlow on "Bloomberg Tech."

Ford Motor Co. Chief Executive Officer Jim Farley talks about how human workers are making all the difference on the factory floors. He speaks on "Bloomberg Open Interest." Correction: Ford is aiming to cut $1 billion in costs this year. The caption has been updated to reflect the correct savings figure on controllable costs.

Revenue from AI has reached a tipping point, showing that the hundreds of billions of dollars tech companies are spending on it may be economically sustainable, according to a report from research firm Exponential View. Azeem Azhar, founder of Exponential View, joins Ed Ludlow on "Bloomberg Tech" to discuss the findings of this report.

Collaborative design firm Figma unveiled a platform overhaul for the AI era at its annual Config conference in San Francisco, transforming its workspace into what it calls an "intelligent canvas" for full-stack digital creation. Figma co-founder and CEO Dylan Field joins Ed Ludlow on "Bloomberg Tech."

Apple raised prices of Macs, iPads, home devices, and the Vision Pro to offset cost hikes caused by a shortage of memory chips and storage. Bloomberg's consumer tech lead Mark Gurman joins Ed Ludlow on "Bloomberg Tech." Correction: This video has been edited with an updated graphic which reflects the new price of the iPad Pro is $1,199.

Darden Restaurants Inc. posted a cautious overall profit outlook as same-store sales at Olive Garden trailed expectations, raising questions about demand that overshadowed better-than-expected earnings. Michael Halen, Bloomberg Intelligence Senior Restaurant and Foodservice Analyst, breaks down the earnings and gives his outlook for the broader food service industry.

UNC-Chapel Hill Chancellor Lee Roberts discusses student growth, funding, college sports and a potential new stadium. He speaks with Romaine Bostick on "The Close."

Markets may be near record highs, but Bob Sloan, S3 Partners Founder & Managing Partner says the real story is happening beneath the surface. He joins Bloomberg Open Interest to explain why passive investors are fueling AI stocks higher while hedge funds quietly sell into the rally and why tracking investor positioning may be just as important as earnings or valuations.

Micron's pricing power may have permanently changed the semiconductor industry. D.A. Davidson analyst Gil Luria joined Bloomberg Open Interest to explain why AI has turned memory into a strategic asset and how Apple could actually emerge stronger despite rising chip costs.

AI stocks may be stealing the spotlight, but Janus Henderson's Adam Hetts says investors are missing the bigger story. He joined Bloomberg Open Interest to explain why earnings, and not valuations, are driving markets, why sticky inflation isn't a dealbreaker, and why the rally is expanding well beyond Big Tech.