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Ginkgo Agrees to $17.5 Billion Merger With Harry Sloan SPAC

May.11 — Ginkgo Bioworks Inc., which calls itself an “organism design” company, has agreed to go public in a $17.5 billion merger with a blank-check firm backed by former Hollywood executive Harry Sloan. Ginkgo CEO Jason Kelly speaks to Emily Chang and Matt Miller.

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May.11 — Ginkgo Bioworks Inc., which calls itself an “organism design” company, has agreed to go public in a $17.5 billion merger with a blank-check firm backed by former Hollywood executive Harry Sloan. Ginkgo CEO Jason Kelly speaks to Emily Chang and Matt Miller.

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1 Comment

1 Comment

  1. Deepak NR

    May 12, 2021 at 1:25 am

    Yo she really say Bicrosoft, or Biocroft? Wait, is Biocroft taken? Biocraft?

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Bloomberg Technology

SpaceX May Buy Data From Failed Startups for AI Models

Elon Musk’s SpaceX has held internal discussions about buying customer and operational information from troubled or defunct startups, according to people familiar with the matter. That data could help improve its artificial intelligence models. Ed Ludlow reports. ——– Like this video? Subscribe to Bloomberg Tech on YouTube:   Watch the latest full episodes of “Bloomberg Tech”…

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Elon Musk’s SpaceX has held internal discussions about buying customer and operational information from troubled or defunct startups, according to people familiar with the matter. That data could help improve its artificial intelligence models. Ed Ludlow reports.
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Bloomberg Technology

AI Wealth Boom Leaves Out Silicon Valley’s Jobless Tech Workers

As the global AI debate heats up, another major AI-related discussion is roiling the US tech capital: Who is reaping the financial benefits of the AI boom, and who is missing out? As the coming IPOs of Anthropic and OpenAI are set to bring wealth to San Francisco, a recent gathering of laid-off workers highlight…

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As the global AI debate heats up, another major AI-related discussion is roiling the US tech capital: Who is reaping the financial benefits of the AI boom, and who is missing out? As the coming IPOs of Anthropic and OpenAI are set to bring wealth to San Francisco, a recent gathering of laid-off workers highlight the flip side of the AI boom. Bloomberg’s California reporter Francesca Maglione joins Ed Ludlow on “Bloomberg Tech.”
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Bloomberg Technology

The Case for AI Guardrails Without a Slowdown

AI is helping companies build faster, but as competition at the frontier intensifies, should there be limits on how much risk companies can take to stay ahead? Karen McCormick, chief investment officer at Beringea, argues the answer isn’t slowing innovation, but establishing common guardrails around testing, cybersecurity, and incident reporting. She joins Ed Ludlow on…

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AI is helping companies build faster, but as competition at the frontier intensifies, should there be limits on how much risk companies can take to stay ahead? Karen McCormick, chief investment officer at Beringea, argues the answer isn’t slowing innovation, but establishing common guardrails around testing, cybersecurity, and incident reporting. She joins Ed Ludlow on “Bloomberg Tech.”
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