Bloomberg Technology
BofA Makes U-Turn on OpenAI, Provides $520M Credit Line
Bank of America is changing its tune on OpenAI: after initially passing on lending to the AI company, it is now extending a $520 million credit line, according to sources. Bloomberg’s Sridhar Natarajan joins Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full episodes…
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
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…
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@andrewsturgeon9446
July 8, 2026 at 2:53 pm
time to short BOFA