Bloomberg News and Videos — Page 682

Nvidia, the world's most valuable company, disappointed investors with its latest sales forecast, adding to concerns about growing competition in the AI chip industry. Bloomberg's Ed Ludlow joins to discuss.

Erica Brescia, Redpoint Ventures managing director, reacts to Nvidia's first-quarter earnings report and explains why she is still bullish on the stock. She speaks on "Bloomberg The Close."

Paulina McPadden, investment manager of international concentrated growth strategy at Baillie Gifford, discusses where Nvidia sits in the global chip ecosystem and why US-based AI researchers and companies still have a leg up for the long-term over China, while still seeing a "rich hunting ground" for AI investment outside of the US. She joins Ed Ludlow on "Bloomberg Tech."

Airbnb Chief Executive Officer Brian Chesky says he's trying to build "an ecosystem of services" for customers. The company will help guests arrange for luggage storage, food delivery and car rentals. He speaks on "Bloomberg The Close."

SoftBank has committed more than $60 billion to OpenAI to date, with founder Masayoshi Son reportedly convinced Sam Altman is leading the most important technology shift of the century. But as rival Anthropic gains ground, questions are growing - even inside SoftBank - about whether the company may be too heavily tied to OpenAI's success. Bloomberg's Peter Elstrom joins Ed Ludlow on "Bloomberg Tech."

Amca, which offers an integrated platform to rapidly develop and manufacture critical aerospace and defense components, announced a $300 million Series B valuing the company at more than $1 billion. Amca CEO Jai Malik joins Ed Ludlow on "Bloomberg Tech."

OpenAI is preparing to file for an initial public offering in the coming weeks and is targeting a public debut sometime in the fall. The exact timing remains uncertain. The ChatGPT creator, co-founded by Sam Altman, is one of the world's most valuable and powerful AI companies. Bloomberg's Ed Ludlow has all the details.

Wally Cheng, head of global technology M&A at Morgan Stanley, and Tammy Kiely, senior managing director in technology investment banking at Evercore, join Dani Burger on "Bloomberg Deals."

Bloomberg's David Carnevali joins Dani Burger on "Bloomberg Deals." NextEra Energy agreed to pay about $67 billion in stock for Dominion Energy in the biggest power acquisition ever, creating a giant utility extending from Florida to the artificial intelligence data centers clustered in Virginia.

A majority of Federal Reserve officials warned the central bank would likely need to consider raising interest rates if inflation continued to run persistently above their 2% target, minutes of the April 28-29 Federal Open Market Committee meeting showed. Mike McKee reports.