OpenAI's Historic Funding Round, AI Dominates VC Deals

Bloomberg's Caroline Hyde and Ed Ludlow break down Ubisoft's stock jump following buyout reports as Tencent and its founders eye taking it private. Plus, the EU votes to impose tariffs of up to 45% on Chinese-made electric vehicles, and Meta unveils its own AI video generator.See omnystudio.com/listener for privacy information.

Bloomberg's Caroline Hyde and Ed Ludlow break down OpenAI's historic funding round and its new loan agreement securing $10B in total liquidity. Plus, PitchBook data shows AI is dominating VC deals in the third quarter, and Nvidia insiders cash in on the AI hype by selling $1.8 billion of shares this year alone.See omnystudio.com/listener for privacy information.

Bloomberg's Caroline Hyde and Ed Ludlow break down why investors are disappointed even as Tesla posted its first increase in quarterly sales this year. Plus, Apple prepares to announce a new low-end iPhone, and the CEO of Pinterest joins off of the company's advertising event.See omnystudio.com/listener for privacy information.

Bloomberg's Caroline Hyde looks at tech leading a market selloff following the news that the US has indications Iran is preparing to imminently launch a ballistic missile attack against Israel. Plus, DirecTV CEO Bill Morrow weighs in on the DirecTV and Dish merger, and OpenAI kicks off its developers day. See omnystudio.com/listener for privacy information.

Bloomberg's Caroline Hyde breaks down how the DirecTV and Dish merger could pave the way for the biggest Pay-TV provider in the US. Plus, Beijing steps up pressure on domestic companies to ditch Nvidia chips, and California Governor Gavin Newsom blocks a proposed AI safety bill. See omnystudio.com/listener for privacy information.

A chemical manufacturing company grinds to a halt when a cyberattack locks up their entire assembly line. Kurtis Minder, a renowned ransomware negotiator, answers their call for help and explains why manufacturing companies are uniquely vulnerable to these kinds of disruptive attacks. Then David Adrian from Chrome chats with Kate about how a web-focused strategy can help manufacturers transform what are commonly thought of as massive vulnerabilities into secured points of access and visibility. This episode is sponsored by Chrome Enterprise.See omnystudio.com/listener for privacy information.

 Bloomberg's Caroline Hyde and Ed Ludlow break down Arm's interest in Intel's product division, only to have Intel turn down Arm's advances, and China stocks in the US are set for their best week since 2022. Plus, "money is green" when it comes to database and nuclear build out according to US Energy Secretary Granholm, who supports the US AI efforts to expand even with foreign investment.  See omnystudio.com/listener for privacy information.

Bloomberg's Ed Ludlow looks at OpenAI mulling a restructuring and discussing giving Sam Altman a 7% equity stake in the company. Plus, Micron shares see their biggest one-day gain since 2011 on the back of earnings, a look at Meta's augmented reality strategy, and NYC Mayor Adams gets indicted. See omnystudio.com/listener for privacy information.

Bloomberg's Caroline Hyde and Ed Ludlow break down the US' investigation of SAP and IT solutions provider Carahsoft for potential price fixing. Plus, OpenAI makes a pitch to the White House while France gets ready for its own AI summit, and Wiz mulls a share sale. See omnystudio.com/listener for privacy information.

Bloomberg's Caroline Hyde and Ed Ludlow break down why China tech stocks are on a tear after Beijing's push to boost growth. Plus, US chips get a boost too with a bill headed to Biden's desk that cuts red tape, and Citigroup's head of tech deals discusses all things M&A.See omnystudio.com/listener for privacy information.