Bloomberg Technology
Anthropic, Musk Offer Competing Visions for Sharing AI Wealth
Anthropic plans to dedicate 5% of its shares to a public benefit fund, offering its own approach to sharing the potential wealth created by AI as concerns grow about AI-driven labor disruption. Bloomberg’s Mike Shepard discusses how the plan differs from proposals for a government-run fund – and from Elon Musk’s pledge to give every…
Bloomberg Technology
Apple Already Developing Higher-End HomeView
Apple’s new HomeView has been a long time coming – but now, Apple is already developing a higher-end version of the device with a robotic limb, which can automatically swivel the screen toward whoever is speaking. Bloomberg’s Mark Gurman joins Ed Ludlow with the details from this week’s Power On newsletter on “Bloomberg Tech.” ——–…
Bloomberg Technology
Hamilton Lane: AI’s Biggest Returns Have Been Private
Hamilton Lane Executive Co-Chairman Erik Hirsch says much of the wealth created by the AI boom has so far accrued in the private markets, as companies stay private longer and tap increasingly deep pools of capital. With exposure to OpenAI and Anthropic through its venture and growth relationships, Hirsch discusses how investors can access private…
Bloomberg Technology
Nscale’s $30B IPO Ambition Meets Investor Pushback
Bloomberg’s Ed Ludlow looks at why Nscale is facing pushback to its $30 billion IPO valuation target, with some investors suggesting $16 to $19 billion instead. Plus, Anthropic plans to put 5% of its shares into a new public benefit fund to address “the public good,” and a former OpenAI software engineer charged with placing…
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@user-tx9zg5mz5p
October 19, 2026 at 2:26 pm
What a f*cking joke😂
@heaven-borncaptain
October 19, 2026 at 2:39 pm
I hope Bernie Sanders becomes president…
because he will be exposed as a fraud.
@kotopes5719
October 19, 2026 at 3:38 pm
What did he do?
@heaven-borncaptain
October 19, 2026 at 4:33 pm
@kotopes5719 nothing
@daShadoSage
October 19, 2026 at 5:23 pm
Me too! If the country can bet on a Trump, it can bet on Bernie.
And yes, I saw the second msg
@matscarlmeyer2832
October 19, 2026 at 2:45 pm
Bs, bs and more bs
@skchang168
October 19, 2026 at 4:21 pm
Though I don’t like Dario, I will trust the least if the money were to be managed by Bernie and the government.
Dario vs Bernie, Dario is the lesser evil, lol.
Seriously, people like Bernie, other than getting paid nicely over tens of years by people’s tax money,
WHAT HAS HE DONE for the people???
The congress is just a know-nothing, do-nothing joke! 🤦🏻♂
@GumbelToGumbel
October 19, 2026 at 4:52 pm
Antropic will piss it away on DEI shite
@araymore
October 19, 2026 at 5:00 pm
Strapping flaming anchors of their failing never-profitable products around the necks of our children is not acceptable. Let SpaceEx and Anthropic fail as they deserve. They will never actually replace human labor if we don’t bail them out, their products don’t work.
@xidxip
October 19, 2026 at 5:58 pm
The money already lost has been distributed among the American people. They want more; they want more money in their pockets, taken from the American people’s losses!
@philipkdick2
October 19, 2026 at 6:10 pm
There is no risk of job losses due to AI—unless artificial intelligence were to become the CEO of OpenAI or Anthropic. However, automation may continue to advance, as seen in the banking sector with apps and ATMs; any activity that can be represented as an algorithm or a flowchart is at risk of being automated.
@MaddyIndia
October 19, 2026 at 7:21 pm
Much news for nothing. Anthropic pledged what 2 to 5% back to public benefit? Lose change.
@thelamjr
October 19, 2026 at 7:34 pm
Workers we don’t have to accept this vision. We can force them to the table and demand implementation of Augmentation Not Automation. Augmentation will only make the workers job easier and more efficient but it will not replace the worker. That is also a version of the future
They are acting as if Automation is the only outcome
@hyshm-5698
October 19, 2026 at 9:06 pm
They are preparing the public for possible gov bail-out by labeling themselves “Public good”. Those companies are operating at a loss facing competition from low cost chinese free models. so they don’t mind sharing stocks that yield negative EPS….as for Musk he earns next to nothing for the shareholders of his companies including the futur “every child in America” shareholders 😂
@garrettgilardi
October 19, 2026 at 9:26 pm
They just opened 60mm Trump accounts due to the auto enrollment changes. The ages he provided are the children that get a $1k donation from the government. All minors 18 and younger are eligible.