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AI Buildout Entering a Riskier Phase, Says Parnassus CIO

The AI boom is colliding with the limits of the physical world, creating opportunities well beyond chips and data centers, according to Parnassus Investments CIO Todd Ahlsten. He joins Bloomberg to discuss why the historic surge in AI infrastructure spending is entering a riskier phase, where he sees longer-term opportunities, and why traditional software companies…

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The AI boom is colliding with the limits of the physical world, creating opportunities well beyond chips and data centers, according to Parnassus Investments CIO Todd Ahlsten. He joins Bloomberg to discuss why the historic surge in AI infrastructure spending is entering a riskier phase, where he sees longer-term opportunities, and why traditional software companies including Salesforce, Workday and ServiceNow could face pressure as AI changes the economics of seat-based software. He joins Ed Ludlow on “Bloomberg Tech.”
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2 Comments

2 Comments

  1. @DrEdwardMercer

    August 17, 2026 at 5:00 pm

    I used my ICAM background to connect the dots no one else dared to connect concerning AI (following the July 2026 OpenAI/HuggingFace incident) and it seems no humans or AI want the news to spread.

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Bloomberg Technology

Anthropic’s Revenue Jump, Wealthy Bet on SpaceX | Bloomberg Tech 8/17/2026

Bloomberg’s Ed Ludlow breaks down Anthropic’s second-quarter revenue jump to more than $11.5 Billion, 14 times more compared to the same period a year ago. Plus, some family offices from around the world have built up billions of dollars of exposure to SpaceX and Bedrock Robotics launched the first fully autonomous excavator in the US.…

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Bloomberg’s Ed Ludlow breaks down Anthropic’s second-quarter revenue jump to more than $11.5 Billion, 14 times more compared to the same period a year ago. Plus, some family offices from around the world have built up billions of dollars of exposure to SpaceX and Bedrock Robotics launched the first fully autonomous excavator in the US.

00:00:00 – Bloomberg Tech Begins
00:01:13 – Rachel Metz, Bloomberg News
00:05:04 – Todd Ahlsten, Parnassus Investments
00:12:32 – Natasha Mascarenhas, Bloomberg News
00:15:39 – Robert Schiffman, Bloomberg Intelligence
00:18:48 – Devon Pendleton, Bloomberg News
00:25:13 – Peter Elstrom, Bloomberg News
00:31:17 – Boris Sofman, Bedrock Robotics
00:40:50 – Emily Birnbaum, Bloomberg News
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Bloomberg Technology

Bedrock Brings Autonomous Driving to Construction

Bedrock Robotics is bringing autonomous driving technology to construction sites, retrofitting excavators and other heavy machinery with cameras, LiDAR, Nvidia-powered compute and its own software. CEO Boris Sofman joins Bloomberg to discuss the company’s first paid commercial deployments, how autonomous equipment could address a growing shortage of skilled operators, and why demand for data centers…

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Bedrock Robotics is bringing autonomous driving technology to construction sites, retrofitting excavators and other heavy machinery with cameras, LiDAR, Nvidia-powered compute and its own software. CEO Boris Sofman joins Bloomberg to discuss the company’s first paid commercial deployments, how autonomous equipment could address a growing shortage of skilled operators, and why demand for data centers and other infrastructure is creating an opportunity to use AI to help America build faster. He joins Ed Ludlow on “Bloomberg Tech.”
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Bloomberg Technology

The World’s Richest Families Bet on SpaceX

Some of the world’s wealthiest families are building significant positions in SpaceX. Bloomberg’s Devon Pendleton breaks down roughly $3.8 billion in holdings disclosed by about a dozen family offices, including investors tied to the Pritzker dynasty, UAE royalty and global hedge fund and mining fortunes. She joins Ed Ludlow on “Bloomberg Tech.” ——– Like this…

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Some of the world’s wealthiest families are building significant positions in SpaceX. Bloomberg’s Devon Pendleton breaks down roughly $3.8 billion in holdings disclosed by about a dozen family offices, including investors tied to the Pritzker dynasty, UAE royalty and global hedge fund and mining fortunes. She joins Ed Ludlow on “Bloomberg Tech.”
——–
Like this video? Subscribe to Bloomberg Technology on YouTube:

 
Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

 
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