Bloomberg Technology
Jd.com beats on #earnings #technology #alibaba
JD.com reported a better-than-anticipated 7% rise in revenue, after it slashed prices and ramped up shopper perks to counter fierce competition during a Chinese downturn. Bloomberg’s @EdLudlow has more.
Bloomberg Technology
Nvidia’s Rally and TikTok’s Divest-or-Ban Bid | Bloomberg Technology
Bloomberg’s Caroline Hyde breaks down why insiders are cashing in on Nvidia’s rally as the stock pushes deeper into record territory. Plus, TikTok parent ByteDance embarks on a high-stakes bid to overturn the law requiring them to divest or be banned, and a look at Point 72’s plans for a new $1 billion hedge fund…
Bloomberg Technology
Redpoint’s Brescia: AI Moving Up the Application Stack
Redpoint Ventures just unveiled its second annual InfraRed 100, a comprehensive list of the next 100 promising private companies in Cloud Infrastructure. Erica Brescia, Managing Director at Redpoint, joins Caroline Hyde to dig into these companies and the state of the AI space on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on…
Bloomberg Technology
Waabi Takes On Driverless Trucking
Waabi, a company working on applications of generative AI to the physical world, announced it has raised $200 million dollars in an oversubscribed Series B round led by Uber and Khosla Ventures – with participation of Nvidia, Volvo and more. The new funding brings total investment in Waabi to more than $280 million dollars. Waabi…
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