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Tech Selloff Continues as Investors Question AI ROI | Bloomberg Tech 8/20/2025

Bloomberg’s Caroline Hyde discusses the tech sell-off as shares fall for a second day. Plus Bank of America’s new chief technology and information officer talks about the bank’s use of AI as a new report from MIT shows most enterprises see no return on investment from their AI spend. And analysts offer their take on…

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Bloomberg’s Caroline Hyde discusses the tech sell-off as shares fall for a second day. Plus Bank of America’s new chief technology and information officer talks about the bank’s use of AI as a new report from MIT shows most enterprises see no return on investment from their AI spend. And analysts offer their take on Meta restructuring its AI team again.

Chapters:
00:00:00 – Intro
00:02:57 – Intel Shares Pull Back From SoftBank Stake-Driven Gains
00:14:56 – Bank of America Turns to AI Across Business Lines
00:24:07 – Meta Restructures AI Superintelligence Group
00:33:06 – EliseAI Raises $250M Series E
——–
“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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Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

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25 Comments

25 Comments

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    Who will win the war of the political economic theory: Karl Marx or Adam Smith?

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Bloomberg Technology

Gopuff Chose xAI For Cost and Quality, Says Co-CEO

As SpaceXAI heads toward its IPO, investors are betting on more than rockets and chatbots: the company says enterprise AI represents a $26 trillion opportunity. But can Grok actually win corporate customers? One of the few companies putting it to work is Gopuff, which built its new AI shopping assistant on xAI’s models. Gopuff co-CEO…

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As SpaceXAI heads toward its IPO, investors are betting on more than rockets and chatbots: the company says enterprise AI represents a $26 trillion opportunity. But can Grok actually win corporate customers? One of the few companies putting it to work is Gopuff, which built its new AI shopping assistant on xAI’s models. Gopuff co-CEO Rafael Ilishayev joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
——–
Like this video? Subscribe to Bloomberg Technology on YouTube:

 
Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

 
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Bloomberg Technology

SpaceX Investors Bet It Can Turn Sci-Fi Into Reality

Much of SpaceX’s growth forecast hinges on ideas that seem straight out of science fiction, but backers of Elon Musk say he’s pulled off the unbelievable before. Brett Winton, chief futurist at ARK Invest, one of the most prominent institutional supporters of Musk’s firms, joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” ——– Like…

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Much of SpaceX’s growth forecast hinges on ideas that seem straight out of science fiction, but backers of Elon Musk say he’s pulled off the unbelievable before. Brett Winton, chief futurist at ARK Invest, one of the most prominent institutional supporters of Musk’s firms, joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
——–
Like this video? Subscribe to Bloomberg Technology on YouTube:

 
Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

 
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Bloomberg Technology

SpaceX IPO Draws More Than $70B in Retail Orders | Bloomberg Tech 6/11/2026

Bloomberg’s Caroline Hyde and Ed Ludlow discuss SpaceX gearing up to finalize its IPO pricing today. This as its offering attracts more than $70 billion in orders from retail investors. Plus, Oracle is under pressure after the company reported higher quarterly capital expenses than expected, raising investor concerns about the profitability of the AI infrastructure…

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Bloomberg’s Caroline Hyde and Ed Ludlow discuss SpaceX gearing up to finalize its IPO pricing today. This as its offering attracts more than $70 billion in orders from retail investors. Plus, Oracle is under pressure after the company reported higher quarterly capital expenses than expected, raising investor concerns about the profitability of the AI infrastructure business. And, a conversation with 776 Founder and Reddit co-founder Alexis Ohanian from SuperReturn in Berlin.

Chapters:
00:00:00 – Bloomberg Tech Begins
00:01:51 – Loren Grush & Bailey Lipschultz, Bloomberg News
00:07:19 – Brett Winton, ARK Invest
00:15:54 – Brody Ford, Bloomberg News
00:17:39 – Alexis Ohanian, Reddit Co-Founder
00:28:29 – Enda Curran, Bloomberg News
00:31:30 – Kristina Hooper, Man Group
00:37:03 – Rafael Ilishayev, GoPuff Co-CEO
00:44:21 – Brian White, Piper Sandler
——–
“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.

Like this video? Subscribe and turn on the notifications for Bloomberg Technology on YouTube:

Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

Get the latest in tech from Silicon Valley and around the world here:

Follow Ed Ludlow on Twitter here:
Follow Caroline Hyde on Twitter here:

Connect with us on…
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