Bloomberg Technology
AI Moves From Hollywood Tool to Hollywood Studio
Promise CEO and Co-Founder George Strompolos is building what he calls an AI-native entertainment studio, using generative AI across development, production and visual effects. He says the technology can cut costs by more than 50% on some animated projects and allow smaller teams to create productions with far greater scale. He joins Ed Ludlow on…
Bloomberg Technology
Odd Lots: The AI Trade Shrugs Off a Blue Wave and a Tech Scandal
It’s been a big month so far for American politics and the tech industry. Democrats deliver a sweeping win across the country, calling continued AI development into question. Nvidia launches an investigation into CEO Jensen Huang’s affair with an alleged Chinese spy. There are plenty of things to make investors jittery, yet we’re seeing a…
Bloomberg Technology
Anthropic IPO Demand Surges as CoreWeave Calms AI Fears
Bloomberg’s Riley Griffin takes a look at Anthropic’s potentially record-breaking IPO, with sources saying it’s already multiple times oversubscribed. Plus, CoreWeave reassures Wall Street with third-quarter sales topping analyst estimates and easing fears about the debt tied to its rapid AI buildout; and Congressman Raja Krishnamoorthi discusses how the Nvidia scandal is felt across Washington…
Bloomberg Technology
Anthropic Targets $1.4 Trillion Valuation in Blockbuster IPO
Anthropic is seeking a valuation of about $1.4 trillion in its initial public offering, a bid to make history as the first frontier artificial intelligence lab to go public. The company’s IPO is set to price on Wednesday, Nov. 18 and trade the following day. Bailey Lipschultz has more. ——– Like this video? Subscribe to…
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Odd Lots: The AI Trade Shrugs Off a Blue Wave and a Tech Scandal
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@SK-gc7xv
October 1, 2026 at 3:41 pm
Promise is great at getting press and raising money, and worse at craft than an average hobbyist.