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Foundation Capital Bets on AI's 'Great Reorg'

AI is driving enormous early-stage valuations, but Foundation Capital General Partner Joanne Chen says venture investors still need discipline when backing companies before they have products or customers. Chen joins Bloomberg to discuss how the firm identifies exceptional founders and her view that AI will reorganize companies and remove bottlenecks rather than simply eliminate jobs. Chen joins Ed Ludlow on "Bloomberg Tech."

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Bloomberg
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Silicon Data Raises $30.5M to Benchmark AI Compute

Silicon Data has raised $30.5 million to expand its pricing and performance benchmarks for the rapidly growing AI compute market. CEO Carmen Li joins Bloomberg to discuss the company's ambition to become an "independent referee" for compute, CME's planned GPU futures tied to Silicon Data benchmarks, and what its data says about the value and depreciation of older chips. She joins Ed Ludlow on "Bloomberg Tech."

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Bloomberg
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It's A 'Weird Time' For The US Economy, Says Christopher Smart

Christopher Smart, managing partner of Arbroath Group and former special assistant to the President at the National Economic Council under Obama, said that it is a 'weird time' for the US Economy as economic data shows solid numbers, but with weakening growth and geopolitical factors creating uncertainty. Smart said while he's sure the US will need data centers and the investment in AI, he is worried about how making profits on those investments have been pushed further and further down the line.

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Bloomberg
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Google Takes On Apple, Samsung With New Phones

Google unveiled a slew of new hardware ahead of its Made by Google event, including its latest generation of Pixel smartphones. The new phones feature innovations such as a "HiLight" feature that transforms the camera flash into a notification indicator, improved scratch resistance, and brighter displays, but with higher starting prices due to a memory supply crunch. Bloomberg Senior Tech Editor Dana Wollman joins Ed Ludlow on "Bloomberg Tech."

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Bloomberg
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Why Open-Weight AI Models Won't Kill the Closed Model

AI demand continues to outstrip available computing capacity, and Morgan Stanley sees little risk of oversupply anytime soon. US thematic research strategist Michelle Weaver joins Bloomberg to discuss growing evidence of returns from corporate AI adoption, why labor and power remain critical constraints on the data center buildout, and why she expects companies to ultimately use a mix of open and closed AI models. She joins Ed Ludlow on "Bloomberg Tech."

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Bloomberg
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Hong, Crowley 'Two Sides of the Same Coin' Says Republican Rep. Steil

Wisconsin Representative Bryan Steil said that moderate David Crowley and democratic socialist Francesca Hong are 'two sides of the same coin' after Crowley pulled off an upset in the Democratic primary to face Republican Tom Tiffany in the fall. Steil said that he expects the race to be close and that he thinks that voters care more about 'kitchen table issues' than 'looking back' at Tiffany's stance on the 2020 election results.

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Bloomberg
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Cava Sales Jump as Americans Flock to Pita Chips, Salmon

Cava is hot, kind of bucking a trend when it comes to eating out with prices generally rising. The fast-casual restaurant chain known for its Mediterranean-inspired dishes says sales rose faster than expected due to increased demand for its salmon and pita chips. Sales did slow down due the cyclospora outbreak. Michael Halen, Bloomberg Intelligence senior restaurant analyst, has more.

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