Bloomberg Technology
DeFi Is What Fintech Always Wanted to Be: Blockchain Capital
May.24 — Blockchain Capital Partner Spencer Bogart discusses the continuing volatility of Bitcoin and whether investors should be concerned. He also talks about decentralized finance, also known as DeFi, and how important it may be to the adoption of cryptocurrency. He speaks with Bloomberg’s Joe Weisenthal and Emily Chang on “Bloomberg Technology.”
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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Microsoft’s Big Bets on AI Start to Pay Off
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nparviz82
May 25, 2021 at 12:58 am
boomers are still a sleep .
Barnett
May 25, 2021 at 1:07 am
DeFi has promise, but it’s hard to imagine it will gain mass adoption any time soon – too much friction for normies. The anchor also has a point – right now it’s just a bunch of people speculating that a better use case will come of the token rather than anyone actually using the defi protocol for real-world usage. At the end of the day, it’s just way easier to go to the bank for a loan, than going through the hoops and hurdles of getting one through defi.