Bloomberg Technology
Intel joins Musk’s Terafab in Surprise Move, Shares Jump
Intel is joining Elon Musk’s Terafab project, a massive effort to develop in-house semiconductors for Tesla, SpaceX and xAI. The project aims to consolidate the entire chip-making lifecycle under one roof to power the next generation of AI and robotics. Discussing the move on “Bloomberg Tech,” Gil Luria, head of tech research at D.A. Davidson,…
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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@NASHHOLDINGSINC
April 7, 2026 at 3:17 pm
Congratulations and remember the working Americans 💪 working class always!
@Tyler_Durden_99
April 7, 2026 at 3:26 pm
Billionaires making billions, dont always serve working class well
@TheMagicJIZZ
April 7, 2026 at 6:45 pm
@Tyler_Durden_99it’s a corporation and another corporation
Use your brain and start growing up
@MrKevy40
April 7, 2026 at 8:51 pm
@Tyler_Durden_99Who do you think provides the jobs for the working class
@vrclckd-zz3pv
April 7, 2026 at 4:14 pm
This is hardly a “surprise” to anyone who follows the semiconductor industry. Every INTC holder I know saw this coming a mile off. TSMC and Samsung are at capacity and Tesla can’t build their own foundry IP from scratch.
@StormyDog
April 7, 2026 at 5:08 pm
If Tesla controls the narrative Intel may become relevant again.
@TheMagicJIZZ
April 7, 2026 at 6:45 pm
Elon is a black hole and you can’t escape it