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Why Desktop Metal Took the SPAC Route to Go Public

Aug.26 — Desktop Metal Inc. Chief Executive Officer and co-founder Ric Fulop explains why the company took the special purpose acquisition company (SPAC) route instead of a traditional initial public offering. He speaks with Bloomberg’s Caroline Hyde, Romaine Bostick and Taylor Riggs on “Bloomberg Markets: The Close.”

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Aug.26 — Desktop Metal Inc. Chief Executive Officer and co-founder Ric Fulop explains why the company took the special purpose acquisition company (SPAC) route instead of a traditional initial public offering. He speaks with Bloomberg’s Caroline Hyde, Romaine Bostick and Taylor Riggs on “Bloomberg Markets: The Close.”

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6 Comments

6 Comments

  1. A B

    August 26, 2020 at 10:25 pm

    Great technology to cut out China!

  2. Micah Gilliam

    August 26, 2020 at 10:43 pm

    Very nice ???????? ????????♥️❤️

  3. Danni Mccarthy

    August 26, 2020 at 10:50 pm

    Anyone want to be my Boyfriend ???????? ????????♥️❤️

  4. Sp Sp

    August 26, 2020 at 10:57 pm

    Did he answer the question?

    • Steve Sim

      August 27, 2020 at 1:34 am

      He did not.

  5. Sp Sp

    August 27, 2020 at 1:17 pm

    He did not answer the question. I suggest bloomberg call him back and make sure he answers the question posted. A different Host(s) is a must.

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Bloomberg Technology

Flow Engineering Raises $50M to Bring AI to Hardware

As AI is moving beyond software and deeper into the physical world, Flow Engineering just raised $50 million at a $750 million valuation to help companies use AI agents to design and build hardware. Flow Engineering founder and CEO Pari Singh and Roelof Botha, Flow investor and board member – formerly at Sequoia Capital –…

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As AI is moving beyond software and deeper into the physical world, Flow Engineering just raised $50 million at a $750 million valuation to help companies use AI agents to design and build hardware. Flow Engineering founder and CEO Pari Singh and Roelof Botha, Flow investor and board member – formerly at Sequoia Capital – join Ed Ludlow to discuss how faster hardware development could support a broader revival of US manufacturing. They speak on “Bloomberg Tech.”
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Bloomberg Technology

OpenAI’s $30B Bet, Trump’s AI Safety Shift and Apple’s Next Act

Bloomberg’s Ed Ludlow breaks down OpenAI’s plan to raise at least $30 billion from investors in a new round of funding after pushing back its plans for an IPO. Plus, President Trump supports using outside auditors to assess the safety of AI systems after meeting with Silicon Valley leaders; and Apple keeps pushing the envelope…

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Bloomberg’s Ed Ludlow breaks down OpenAI’s plan to raise at least $30 billion from investors in a new round of funding after pushing back its plans for an IPO. Plus, President Trump supports using outside auditors to assess the safety of AI systems after meeting with Silicon Valley leaders; and Apple keeps pushing the envelope under new CEO John Ternus with plans to make its foray into the smart-home market.

00:00:00 – Bloomberg Tech Begins
00:01:06 – Seth Fiegerman, Bloomberg News
00:04:59 – Michael Shepard, Bloomberg News
00:08:57 – Michael Intrator, CoreWeave CEO
00:17:33 – Dino Mavrookas, Saronic CEO
00:26:21 – Beth Kindig, I/O Fund
00:29:03 – Pari Singh, Flow Engineering & Roelof Botha, Flow Investor
00:40:20 – Dana Woolman, Bloomberg News
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Bloomberg Technology

Saronic CEO: ‘Speed Is Everything’ in Shipbuilding

Saronic is breaking ground on what it says will be the largest and most advanced shipyard in America. Saronic co-founder and CEO Dino Mavrookas joins Ed Ludlow to discuss how its Port Alpha in Brownsville, Texas, is at the center of the defense tech company’s push to rapidly scale production of autonomous ships. He speaks…

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Saronic is breaking ground on what it says will be the largest and most advanced shipyard in America. Saronic co-founder and CEO Dino Mavrookas joins Ed Ludlow to discuss how its Port Alpha in Brownsville, Texas, is at the center of the defense tech company’s push to rapidly scale production of autonomous ships. He speaks on “Bloomberg Tech.”
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