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Thiel-Backed Startup Targets US Chip Comeback

Startup Substrate is aiming to rebuild US dominance in chipmaking with technology it says can rival ASML. The $1 billion startup has backing from investors including Founders Fund and General Catalyst and has spoken to members of the Trump administration about its plans. Substrate CEO James Proud joins Caroline Hyde and Ed Ludlow on “Bloomberg…

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Startup Substrate is aiming to rebuild US dominance in chipmaking with technology it says can rival ASML. The $1 billion startup has backing from investors including Founders Fund and General Catalyst and has spoken to members of the Trump administration about its plans. Substrate CEO James Proud joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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22 Comments

22 Comments

  1. @samj8021

    October 28, 2025 at 3:56 pm

    good for this guy if he raised money lol

  2. @timg2382

    October 28, 2025 at 4:02 pm

    Theranos

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    October 28, 2025 at 5:49 pm

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    October 28, 2025 at 5:49 pm

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    October 28, 2025 at 5:49 pm

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    October 28, 2025 at 5:50 pm

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    October 28, 2025 at 5:50 pm

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    October 28, 2025 at 5:50 pm

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    October 28, 2025 at 5:50 pm

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    October 28, 2025 at 5:50 pm

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  11. @ShermanBohm

    October 28, 2025 at 5:50 pm

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    October 28, 2025 at 5:50 pm

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  13. @WifeGiugno

    October 28, 2025 at 5:50 pm

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  14. @AuraCamarillo

    October 28, 2025 at 5:51 pm

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  15. @TheodoreKlein-y5c

    October 28, 2025 at 5:51 pm

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  16. @DeeBornstein

    October 28, 2025 at 5:51 pm

    If you’re sleeping on Corvix, wake up! CRV token charts look 🔥🔥🔥

  17. @PatDixon-y2x

    October 28, 2025 at 5:51 pm

    If you missed early entries last bull run, Corvix CRV might be your second chance.

  18. @TalyaCowden

    October 28, 2025 at 5:51 pm

    Watching Corvix quietly climb the charts — CRV token volume exploding.

  19. @RochellLlano

    October 28, 2025 at 5:51 pm

    The partnerships Corvix teased today are insane. Huge potential in CRV token.

  20. @GlennKeene-x2l

    October 28, 2025 at 5:52 pm

    Watching Corvix quietly climb the charts — CRV token volume exploding.

  21. @user-tx9zg5mz5p

    October 28, 2025 at 7:30 pm

    Fck evil lizard Thiel😂

  22. @MrxstGrssmnstMttckstPhlNelThot

    October 28, 2025 at 7:38 pm

    “Thiel-backed”
    Oh.
    So it’s fundamentally evil, gotcha.

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Bloomberg Technology

OpenAI Tops $850 Billion Valuation | Bloomberg Tech 4/1/2026

Bloomberg’s Tim Stenovec discusses OpenAI’s recent mega-funding round that valued the company at $852 billion. Plus, Anthropic blames the accidental release of internal source code behind its Claude coding assistant on human error. And, it’s launch day for Artemis II as NASA prepares to send astronauts back to the moon’s vicinity. Chapters: 00:00:00 – Intro…

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Bloomberg’s Tim Stenovec discusses OpenAI’s recent mega-funding round that valued the company at $852 billion. Plus, Anthropic blames the accidental release of internal source code behind its Claude coding assistant on human error. And, it’s launch day for Artemis II as NASA prepares to send astronauts back to the moon’s vicinity.

Chapters:
00:00:00 – Intro
00:06:09 – Stocks Climb, Oil Slides on War-End Optimism
00:11:33 – OpenAI Valued at $852B in Latest Funding Round
00:16:54 – Musk’s SpaceX Has Filed Confidentially for IPO
00:41:39 – Tesla Sales Expected to Show Slower Demand
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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

US Needs to Invest More in AI Buildout, Says Cato’s Frazier

Washington is weighing how to build a national framework for artificial intelligence and how to ensure the US can actually deliver on its AI leadership goals, as bottlenecks like energy capacity hamstring the data center buildout. Kevin Frazier, adjunct research fellow at the Cato Institute, speaks with Tim Stenovec on “Bloomberg Tech.” ——– Like this…

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Washington is weighing how to build a national framework for artificial intelligence and how to ensure the US can actually deliver on its AI leadership goals, as bottlenecks like energy capacity hamstring the data center buildout. Kevin Frazier, adjunct research fellow at the Cato Institute, speaks with Tim Stenovec on “Bloomberg Tech.”
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Bloomberg Technology

NASA Artemis II Is Part of the Latest Space Race

NASA’s Artemis II is set to launch, returning astronauts to the moon’s vicinity for the first time in 50 years. Bloomberg’s Ed Ludlow discusses the milestone, the role private firms have played, and what this means for US competition with China. He speaks to Tim Stenovec on “Bloomberg Tech.” ——– Like this video? Subscribe to…

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NASA’s Artemis II is set to launch, returning astronauts to the moon’s vicinity for the first time in 50 years. Bloomberg’s Ed Ludlow discusses the milestone, the role private firms have played, and what this means for US competition with China. He speaks to Tim Stenovec on “Bloomberg Tech.”
——–
Like this video? Subscribe to Bloomberg Technology on YouTube:

 
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