Bloomberg Technology
Global Electric Vehicle Competition Picks Up
It could take five to ten years for the US to scale rare-earth mineral production to support the EV industry, says Ellen Hughes-Cromwick, visiting fellow at Third Way’s Climate and Energy program. The former Ford chief global economist also weighs in on the role the government should play in EV policy. ——– Like this video?…
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
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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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@crisnyendwa1261
August 18, 2025 at 4:51 pm
I think about this issue you guys in the USA may just be overanalyzing as opposed to just, starting. Because I believe that with Manufacturing and processing, it is important to start first, and there is no better Time in history to start but now. I simply say so because this can be a chicken-and-egg situation for as long as you just keep overanalyzing. It’s better to start production and utilize AI platforms to optimize production and scalability, including safety.
@koyko4
August 18, 2025 at 5:01 pm
Soon USA will be accused of IP theft of Chinese rare earth processes and patents. 😂
@PD55_
August 18, 2025 at 6:41 pm
The US was always happy to export its mining pollution, and evade environmental and safety regulations by allowing developing countries to do the dirty work. More profitable for US businesses too. The US will never be the low-cost producer of any of these commodities.
@mikethecargeek
August 18, 2025 at 8:40 pm
1:20 Joseph R. Biden invested $150 million in MP Materials and $258 million in Lynas Rare Earths… years before Trump (just sayn)