Bloomberg Technology
Anthropic Holds Funding Talks with MGX
Anthropic CEO Dario Amodei held early funding talks with Abu Dhabi-based investment firm MGX to discuss raising additional capital on his recent trip to the Middle East, according to multiple sources familiar with the matter. Bloomberg’s Shirin Ghaffary discusses the news with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe…
Bloomberg Technology
Has the AI Rally Gone Too Far, Too Fast?
Fiona Yang, Invesco Fund Manager for Asia ex-Japan Equities, says the AI trade isn’t over but parts of the market have become stretched. She discussed the market dynamics around the tech trade with Bloomberg’s Haslinda Amin and Avril Hong on Insight. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest…
Bloomberg Technology
Microsoft’s Xbox to Cut 3,200 Jobs, Divest Studios in Overhaul
Microsoft Corp.’s Xbox plans to eliminate 3,200 jobs, or around 20% of its staff over the next year, as part of a massive reorganization to spur growth in the struggling gaming division. Xbox will also divest four of its video-game development studios and is beginning the process to part ways with a fifth. “Our business today is not…
Bloomberg Technology
Chip Stocks Tumble on AI Anxiety as Oil Climbs
A selloff in chipmakers dragged down stocks on concerns over whether massive artificial-intelligence investments will justify lofty valuations. Julian Emanuel, Chief Equity & Quantitative Strategist at Evercore ISI, discusses his S&P 500 call amid recent volatility. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and…
Has the AI Rally Gone Too Far, Too Fast?
Microsoft’s Xbox to Cut 3,200 Jobs, Divest Studios in Overhaul
Samsung’s Soaring Profit Fails to Lift Shares
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