AI Startup Pinecone Valued at $750M
Pinecone, a startup whose platform supports AI software, has raised $100 million in a funding round in which Wing Venture Capital participated. Wing Venture Capital Partner Jake Flomenberg joins Caroline Hyde and Ed Ludlow for more. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full episodes of “Bloomberg Technology” with…
Bloomberg Technology
Joby Tests Air Taxis Between JFK Airport and Manhattan
Joby Aviation is flying electric air taxis between John F. Kennedy International Airport and Manhattan this week to show off its quieter, zero-emission aircraft in a city weary of noise pollution. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed…
Bloomberg Technology
OpenAI Drops Exclusivity Deal with Microsoft | Bloomberg Tech 4/27/2026
Bloomberg’s Ed Ludlow discusses Microsoft’s and OpenAI’s decision to drop exclusivity rights on AI models in a move that opens the doors for the rivals to make new deals. Plus, China blocks Meta’s $2 billion purchase of AI startup Manus. And, the feud between Elon Musk and Sam Altman heads to court with the Tesla…
Bloomberg Technology
Big Job Cuts Come Ahead of Big Tech Earnings
Microsoft and Meta have announced plans that could reduce their workforces by thousands ahead of releasing their quarterly earnings later this week. Sarah Franklin, CEO of the human resources platform Lattice, says “Tokenmaxxing”, AI use and large job cuts aren’t the right things to focus on to free up capital. She joins Ed Ludlow on…
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April 29, 2023 at 1:40 am
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posthocprior
April 30, 2023 at 6:08 pm
I work in the field. I didn’t understand the explanation of what Pinecone is.