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NEA partner Tiffany Luck says any slowdown in development at the AI frontier doesn’t have to slow adoption across the economy. She argues increasingly powerful models from OpenAI, Anthropic and others are already well ahead of enterprise deployment, leaving a major opportunity for companies that…
Companies are spending billions on AI, but actually getting it into production remains a major challenge. Insight Partners sees forward-deployed engineers as part of the solution: embedding directly with customers to turn AI into working products and workflows. Insight Partners Operating Partner…
Investors are likely to find it increasingly hard to make “easy money” by betting on outsized returns from artificial intelligence-linked capital expenditures compared with consumer-driven spending, according to strategists at Bank of America Corp.
CH Robinson agreed to buy trucking brokerage firm RXO Inc. in a deal centered around a bet that artificial intelligence can help the companies improve efficiency in a challenging freight market. Through a cash-and-stock transaction valued at about $5.8 billion, CH Robinson aims to diversify its…
Stuart Kaiser, head of US equity trading strategy at Citigroup Global Markets, says higher gas prices are causing consumer be "edgy" as we get closer to the holiday season. He also expects CEOs to deliver bullish messages during earnings season. He speaks on "Bloomberg Open Interest." (Source…
Maggie Fanari, chief executive officer of J. Rothschild Capital Management and an Anthropic investor, says the AI company can continue creating value after going public as it compounds growth over the long term. She also views Anthropic’s focus on AI safety as a strength, arguing that technological…
Former Anthropic researcher Jacob Coxon warned that the race to develop artificial intelligence poses risks that the industry itself doesn’t fully understand, at a New York City Council hearing where lawmakers weighed whether to impose their own safeguards on a burgeoning global business.
Elon Musk confirmed that TSMC and his companies are discussing a possible chipmaking partnership in Texas. The project could make TSMC a supplier to Tesla, SpaceX and xAI. Carmen Reinicke has more on "Bloomberg Open Interest." (Source: Bloomberg)
Bloomberg's Liana Baker discusses Schneider Electric’s roughly $23 billion cross-border acquisition of software firm PTC, describing it as the French company’s largest deal and a strategic push into industrial software. She speaks on "Bloomberg Open Interest." (Source: Bloomberg)
The world's tech billionaires made a combined $845 billion through Sept. 30. US tech billionaires make up 36% of the newly relaunched Bloomberg Billionaires Index. Elon Musk tops the list. Bloomberg's Dylan Sloan reports. (Source: Bloomberg)
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