Bloomberg Technology
Hyundai Will Only Sell Electric Cars By 2040
Mar.05 — José Muñoz, Hyundai Motor America President & CEO talks about electric vehicles being the future for Hyundai. He also shares what they did during the pandemic to help not only customers but their dealerships as well. He speaks on Future ᐸGOᐳ.
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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mohamed Dx
March 5, 2021 at 5:49 pm
🙂
Stephen Jardine
March 5, 2021 at 6:21 pm
2040… not the most ambitious of goals
mrpmj00
March 5, 2021 at 6:36 pm
Apple car has partnered with Hyundai.
Eventually other businesses and consumers buy from Amazon, Apple, Facebook, Nvidia, Microsoft so these are the stocks you want to own…
MICHAEL TRAVIS
March 5, 2021 at 7:45 pm
I do not understand who this company is not traded on a US stock market? Having tons of vehicles here and sales already
Marc Moglen
March 5, 2021 at 9:40 pm
Get excited. The world will consider sustainability in… several more decades!
Buzz Man
March 6, 2021 at 12:17 am
2040…lol
sCWasP
March 6, 2021 at 12:27 am
2040 is a pointless goal. By then any consumer demand for mass market ICE cars will have long since disappeared
SFB
March 6, 2021 at 11:39 am
Hyundai, the first car compnay to design a full electric VW Golf 😀
J. Burton
March 6, 2021 at 4:37 pm
At least then they won’t have to worry about engine failures…
Tai Malik
March 6, 2021 at 4:53 pm
Can it be sooner, like 2030 or even 2025? Just have legacy vehicles parts and warranties until all gas powered cars are off the roads please!
Lance Beare
March 6, 2021 at 4:58 pm
Really…20 frikkin’ years from now? I’m gonna get back to the gym…in 2040, hold your breath
Mike N
March 6, 2021 at 6:30 pm
Given that EVs will be cheaper than most ICE by 2027 at the latest, it will be very difficult to sell any ICE after that. Unless Hyundai moves a lot faster they are the walking dead. This CEO’s assumptions indicate that u fortunately Hyundai’s culture cannot make the shift to a tech-style innovation culture.
Teufel Hunden
March 7, 2021 at 3:35 am
CEO of Hyundai is Mexican??
Who woulda thunk
Zergar
March 7, 2021 at 4:10 pm
Amazing Hyundai, Tesla is selling Electric ONLY as we speak and your gonna wait 20 years to achieve the same goal. Well I know which auto maker stock will be worthless in 20 years.