Bloomberg Technology
$85 Million Allocated to Relocate Retired Space Shuttle
Texas Senators Ted Cruz and John Cornyn want a space shuttle that has flown to space relocated to Houston. A provision of the One Big Beautiful Bill Act, signed last month, allocates $85 million for the project. Bloomberg’s Loren Grush describes what’s behind the effort and what it could actually cost on “Bloomberg Tech.” ——–…
Bloomberg Technology
Alibaba’s AI Spending Spree, Concerns of Circular AI Financing | Bloomberg Tech 8/20/2026
Bloomberg’s Ed Ludlow breaks down the plunge in Alibaba’s profit after the company increased its quarterly capex to almost $10 billion for AI. Plus, a look at how Meta has quietly become one of Microsoft’s largest AI customers, and at defense tech startup Castelion’s plans to boost production of its hypersonic missile systems. 00:00:00 –…
Bloomberg Technology
Mayfield Bets on AI’s Earliest Founders
Mayfield has invested more than $3 billion in AI companies, much of it before founders have built a product or even formed a company. Managing Partner Navin Chaddha joins Bloomberg to discuss why he sees AI as a “100x opportunity,” why venture returns still depend on finding a handful of exceptional founders, and why Mayfield…
Bloomberg Technology
The Defense Startup Taking a SpaceX Approach to Missiles
Defense startup Castelion has raised $1 billion at a $13 billion valuation as it races to scale production of its Blackbeard hypersonic weapon system and develop new long-range and defensive capabilities. Co-founder and CFO Andrew Kreitz discusses why manufacturing thousands of weapons at low cost is the company’s central challenge, and how his experience at…
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@DamienGWilson
August 26, 2025 at 4:25 pm
People can’t afford to feed their families and they have the nerve to allocate $85 million to create a museum exhibit in Houston. smh…
@jgaffney567
August 26, 2025 at 4:40 pm
See Mr Trump we redistricted as you wanted…can we have a shuttle
@mcas3161
August 26, 2025 at 4:48 pm
The most corrupt administration in American history. Republicans are the domestic enemy I learned about when joining the Marines. FDT and his supporters.
@mwd5037
August 26, 2025 at 8:42 pm
Tell his deserting dumb butt there’s one in Boca chica not Mexico