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Khosla Ventures Bets on AI's Next Frontier: Science

Khosla Ventures is backing Discovery Loop, a new AI startup founded by former Google leaders including Jeff Dean that aims to dramatically accelerate scientific experimentation. Khosla Ventures Managing Director Samir Kaul explains why the firm quickly decided to invest, and why he believes the opportunity could be as profound as frontier AI models. He also discusses why soaring technology valuations are forcing venture investors to rethink what "seed stage" even means. He joins Ed Ludlow on "Bloomberg Tech."

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Bloomberg
Financial

Meta Safety Trial Could Reveal What Zuckerberg, Others Knew

Meta is facing a landmark legal battle with 29 states accusing the company of deliberately designing its platforms to keep children hooked while misleading the public about their safety. George Washington University law professor Mary Anne Franks explains the state and federal claims, why the case has drawn comparisons to tobacco litigation, and why the biggest consequence may not be the potential financial penalty, but what internal documents reveal about what Meta knew and when. She joins Ed Ludlow on "Bloomberg Tech."

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Meta Safety Trial Could Reveal What Zuckerberg, Others Knew
Bloomberg
Financial

Wall Street Struggles to Absorb AI's Debt Boom

Broadcom is lining up another massive bet on AI. Bloomberg has learned the chipmaker is in talks to raise more than $60 billion in debt to help Anthropic and others secure chips and computing power. The deal highlights a bigger concern hanging over the AI trade: the cost of funding it all. Erica Klauer, Science and Technology Partners founder and CIO, discusses concerns around circular financing and why the AI buildout is so challenging. She joins Ed Ludlow on "Bloomberg Tech."

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Wall Street Struggles to Absorb AI's Debt Boom
Bloomberg
Financial

Anthropic Aims to Match or Top SpaceX IPO

Anthropic is aiming for an IPO that could make history, expecting to match or even top SpaceX's record-setting debut, according to sources. The maker of Claude could file publicly by the end of this month. The company raised $65 billion in May at a $965 billion valuation. Bloomberg's Shirin Ghaffary, who leads coverage of Anthropic, and Bloomberg's Liana Baker, who leads the deals team, join Ed Ludlow on "Bloomberg Tech."

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Anthropic Aims to Match or Top SpaceX IPO
Bloomberg
Financial

Permanent Tariffs on Canada Hurt the US, Freeland Says

Former Canadian Deputy Prime Minister Chrystia Freeland, talks about the importance of Canada reaching a trade deal with the US. She says putting permanent tariffs on Canadian steel and aluminum will hurt the US, especially car manufacturers in Detroit. She speaks on Bloomberg Television's Wall Street Week With David Westin, to which she is a regular contributor.

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Bloomberg
Financial

Walmart Shares Extend Decline After Rare US Sales Miss

Walmart Inc.'s quarterly sales fell short of expectations, a rare miss that's likely to stoke concern about the leading big-box retailer decelerating alongside a slow-growing US economy. Sales at US stores open at least a year, excluding fuel, rose 2.6% in the second quarter, shy of the lowest analyst estimate compiled by Bloomberg. That rate of growth hindered primarily by pricing pressure in its pharmacy business is the slowest in more than six years. Walmart shares fell as much as 10%, the most intraday since 2022, in New York trading on Thursday, erasing a modest year-to-date gain through the previous day's close. We get reaction from Poonam Goyal, Senior US Retail Analyst for Bloomberg Intelligence.

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Percepções

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ETF uncertainty is reshaping the next crypto approval race

  • Grayscale has withdrawn three crypto ETF applications, putting the spotlight back on the next wave of token approvals.
  • The strongest comparable assets are Solana, XRP, Litecoin, and Ethereum, which remain central to ETF and institutional access discussions.
  • The biggest challenge remains regulatory approval standards and how the US SEC evaluates different crypto assets.
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ETF uncertainty is reshaping the next crypto approval race
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Why crypto holders are abandoning exchanges for hardware wallets

  • Hardware wallet sales in Russia have more than doubled, pointing to stronger demand for self-custody.
  • The trend is also visible across major hardware wallet providers, with users increasingly moving assets off exchanges.
  • The main risk remains self-custody responsibility, including device security and recovery phrase management.
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Why crypto holders are abandoning exchanges for hardware wallets
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Percepções

Why crypto custody is becoming a battle for institutional capital

  • BitGo reported 19% second-quarter revenue growth and US$4.3 billion in custody assets.
  • Institutional crypto infrastructure firms are competing across custody, settlement, staking, and trading services.
  • Regulation, security requirements, and institutional licensing remain the biggest barriers in this sector.
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Why crypto custody is becoming a battle for institutional capital

Economia