AI chip startup Etched raised $120 million to expand manufacturing of its specialized chip that it boasts will rival Nvidia’s products. Etched CEO Gavin Uberti joins Ed Ludlow on “Bloomberg Technology.”
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Sam Altman sees a future where AI and universal basic income can end poverty. But in the background, his sister struggles with homelessness.
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Bloomberg’s Ed Ludlow breaks down Nvidia sliding for a third consecutive day and wiping out $400 billion off its market cap. Plus, Apple faces billions of euros in fines over its App Store rules under the EU’s Digital Markets Act, and car sellers warn of a possible material hit from the CDK cyberattack.

08:09 Wealth Enhancement Group Portfolio Manager Ayako Yoshioka
23:13 Cooling Demand for Bitcoin ETFs
31:13 Voodoo Co-Founder & CEO
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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