Bloomberg Technology
Ford Spending $11 Billion to Build Three U.S. Battery Factories
Ford Motor Co. and South Korea’s SK Innovation Co. plan to spend $11.4 billion to construct three battery factories and an assembly plant for electric F-Series pickup trucks in Tennessee and Kentucky, the biggest investment in the U.S. automaker’s history. Ford CEO Jim Farley talks to Bloomberg’s David Westin. (Source: Bloomberg)
Bloomberg Technology
Bain Capital Ventures Bets $1.6 Billion on AI’s Next Act
Bain Capital Ventures has raised a $1.6 billion fund to back early-stage companies built for what it calls “life after AGI.” Partner Slater Stich discusses where the firm sees opportunities across AI infrastructure, software, robotics and science, why knowledge work could be transformed first, and how BCV identifies founders capable of building the next generation…
Bloomberg Technology
OpenAI, Anthropic Safety Talks Stir Startup Concerns
AI startups are growing concerned that calls from Anthropic and OpenAI to “pace” frontier development could lead to a new regulatory framework shaped by the industry’s biggest players. Bloomberg’s Natasha Mascarenhas and Maggie Eastland discuss the reaction from founders and investors and early talks among OpenAI, Anthropic and Google DeepMind on common safety standards. Also…
Bloomberg Technology
Meta CEO Weighs In on AI Safety Debate
Bloomberg’s Ed Ludlow breaks down Mark Zuckerberg’s call for AI labs to rely on independent evaluators and advisers to ensure models are safe. Plus, OpenAI is said to be in early talks with investors about a new funding round that could value the ChatGPT maker at more than $1.2 trillion, and Impulse Space CEO Tom…
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Bain Capital Ventures Bets $1.6 Billion on AI’s Next Act
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420KinK
September 28, 2021 at 6:21 pm
Haha. Propaganda 101. Ford going broke!
dehoyos rudolph
September 28, 2021 at 7:40 pm
I like how he asked about building in a right to work state!
Jg Rsb
September 28, 2021 at 8:08 pm
I hope these factories will be technologically advanced and not need lots of workers in the first place. The workers they need will be programmers and skilled technicians. They will be highly educated not lunk head union members.
dehoyos rudolph
September 28, 2021 at 8:38 pm
@Jg Rsb I’m sure they were lunk heads before they joined a union!
Jg Rsb
September 28, 2021 at 8:48 pm
@dehoyos rudolph yes, but unions attract lunk heads.
420KinK
September 28, 2021 at 10:09 pm
@Jg Rsb Unions are like the mob they just steal from the workers. Sure back in the day they were needed but now…. IDK about Ford but I would rather work at Tesla and get stock options and my FULL paycheque! Getting Ford stock would be a NEGATIVE of employment.
Sohl Kim
September 28, 2021 at 8:04 pm
too late
Jg Rsb
September 28, 2021 at 8:06 pm
I’m glad for Ford. I’m hoping the new factories are fully automated so they are more efficient.
Ross Harris
September 28, 2021 at 8:19 pm
1 John 2:17 the World passing away and the gathering and assembling is God using the corporate world to eliminate their global system. Zephaniah 3:8.