Bloomberg Technology
Argo AI CEO Salesky Sees US Deployment of Autonomous Vehicles, Plots IPO
May.04 — Argo AI, the autonomous driving startup backed by Ford and VW, has revealed a new long-range lidar. The company’s CEO Bryan Salesky says it gives Argo an edge in deploying self-driving cars commercially. Salesky spoke exclusively to Bloomberg’s Ed Ludlow about the technology, its financing plans and regulation.
Bloomberg Technology
Microsoft’s Big Bets on AI Start to Pay Off
Microsoft Corp. reported better-than-expected cloud revenue, suggesting the company continues to reap the benefits of its massive investment in artificial intelligence. Sales at Azure were up 48%. Revenue from a commercial deal with OpenAI totaled $10 billion. Bloomberg’s Ed Ludlow and Anurag Rana of Bloomberg Intelligence report. ——– Like this video? Subscribe to Bloomberg Tech on…
Bloomberg Technology
Anthropic Weighs Offering 15%-20% of IPO to Retail Investors
Anthropic is weighing a retail offering of 15% to 20% of the shares available in the IPO, according to people familiar with the matter. Those sources say the company behind Claude has tapped JPMorgan Chase to lead the US retail offering. Bloomberg’s Ryan Gould discusses the plans with Ed Ludlow on “Bloomberg Tech.” ——– Like…
Bloomberg Technology
Investors Eye AI Payoff in Microsoft, Alphabet Earnings
Bloomberg’s Ed Ludlow breaks down expectations for Microsoft and Alphabet, which both report earnings after the bell, with Wall Street looking for proof that their massive AI investments are paying off. Plus, Bloomberg reports that Anthropic has tapped JPMorgan to lead the US retail offering for its potentially record-setting IPO. And, Apple is betting consumers…
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Jay Jay
May 4, 2021 at 9:23 pm
Lidar is a crutch. Local maximums are enticing, but that’s as far as you’ll get with Lidar.
Motivation Factory
May 4, 2021 at 10:30 pm
@Jay Jay I hope you had a big breakfast, because Argo is gonna eat your lunch. ????
Jay Jay
May 4, 2021 at 10:35 pm
@Motivation Factory Go back to comment #1: Lidar is a crutch. They’ll have L4 success with it, but that’s it. Only Tesla will get to truly autonomous anywhere driving, even on roads no Tesla has ever seen before.
Ask yourself, why hasn’t Waymo expanded their L4 solution anywhere in YEARS if Lidar is so great?
Motivation Factory
May 5, 2021 at 12:12 am
@Jay Jay You didn’t answer my question. Did you have a big breakfast or not?
Jay Jay
May 5, 2021 at 12:15 am
@Motivation Factory A light breakfast. It takes me all morning and into the afternoon to swim through my piles of TSLA earnings. Can’t be on too full of a stomach to accomplish so much in a few hours.
Motivation Factory
May 5, 2021 at 12:23 am
@Jay Jay Oh boy, that was a bad idea. You should’ve had a bigger breakfast, considering you won’t be having anything for lunch.
ENO
May 4, 2021 at 11:42 pm
I waited for the question about, why is lidar needed when Tesla is going all vision. But the journalist al so narrow minded.
RedSjo
May 5, 2021 at 12:55 am
So they are recreating vision at 100x the cost compared to camera’s nice…