Arm CEO Says Market Can’t Get Enough Compute Capacity
Arm CEO Rene Haas says there are tailwinds that will continue to drive the AI and semiconductor growth. This after the company reported strong second quarter results but posted a disappointing sales outlook. He joins Caroline Hyde and Ed Ludlow to discuss on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:…
Science & Technology
Black Founders Had a Great Fundraising Quarter…With a Catch
On one hand, US-based, Black-founded startups have already raised $643M, 70% of what was raised in the entirety of last year. But dig a little deeper into the numbers, and you’ll find that in the words of Crunchbase’s head of research: “…data has shown a persistent decline in funding to Black-founded companies that outpaces the…
Bloomberg Technology
Anthropic Disables AI Access for Foreign Nationals | Bloomberg Tech 6/15/2026
Bloomberg’s Ed Ludlow breaks down why Anthropic disabled access to its most advanced models for all foreign nationals after a request from the Trump administration. Plus, Nvidia is seeking to raise at least $20 billion from its first corporate bond sale since 2021. And, SpaceX shares throttle up on day 2 of trading, adding to…
Bloomberg Technology
China’s AI Markets Still ‘A Source of Funds’ Says Citigroup
Alicia Yap, Citi’s head of Pan-Asia Internet Research, breaks down where China’s tech market stands amid global AI adoption. But despite all this heavy corporate activity, Citigroup warns that global investors are still treating China tech as “a source of funds,” with Wall Street dumping local stocks to fund the global AI hardware trade. She…
Black Founders Had a Great Fundraising Quarter…With a Catch
Anthropic Disables AI Access for Foreign Nationals | Bloomberg Tech 6/15/2026
China’s AI Markets Still ‘A Source of Funds’ Says Citigroup
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@fleetingfacet
November 8, 2024 at 4:43 am
Most people are not going to buy more expensive smart phones just so they can run AI on them. AI can run in the cloud from a service, where even a dumb phone could work. People will tend to pay for AI services and use affordable phones. Beyond that, more tech savvy geeks will run their own AI models at home and remotely access that with their phones when need be. Also, perhaps in ten years or so, expect smart phones to be replaced by small devices that we mostly just talk to. No more looking at screens and doom scrolling through crap. We just talk to our AI agents that help us with everything, for basically free. Arm could somehow come out ahead with those future tends, but it won’t be from us buying expensive smart phones.