Bloomberg Technology
JPMorgan, Ford to Invest Billions in Michigan Manufacturing
JPMorgan Chase & Co. and Ford Motor Co. are helping launch a new program to bolster production in the state of Michigan. The bank and automaker will help suppliers in the program. JPMorgan CEO Jamie Dimon, Ford CEO Jim Farley and Michigan Governor Gretchen Whitmer speak exclusively to Bloomberg’s David Westin in Detroit. ——– Like…
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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@therealcnn5346
September 29, 2026 at 1:35 pm
Ford f150 2026
Had 77 recalls😂
@Smart_Investing
September 29, 2026 at 2:55 pm
Come on ford, when are we getting flying vehicles? M&A deal for eVTOLs yet? Times a tickin’
Albert N (Owner) at Smart Investing AI and Smart Consulting AI
@tfoen7678
September 29, 2026 at 4:52 pm
This is interesting to hear.
I’m curious to know why JP Morgan/Chase Bank instead of a Michigan based bank?!?
And ford being involved and not GM?
Hmm…more has to told
@jeroldparker7766
September 29, 2026 at 9:16 pm
Quick answer, JP Morgan has deeper pockets to do the financing here in Michigan!
@valdinilsondesouzamartins2822
September 29, 2026 at 6:05 pm
“While the model looks perfect on paper, an analytical approach requires looking at structural bottlenecks:
The U.S. advanced manufacturing sector suffers from a chronic labor shortage. Technical schools and tuition-free programs (like those promoted by Whitmer) take years to train specialists in robotics, industrial AI, and rare earth metallurgy. The program risks having the capital and the demand, but stalling due to a lack of skilled labor in the short term.
Producing rare earth magnets in the U.S. is substantially more expensive than in Asia due to strict environmental regulations and high wages. Once the subsidies and low-interest credit lines from JPMorgan Chase end, will these SMEs be able to sustain themselves against the international market?
Refining and metallurgy may take place in Michigan, but the primary extraction of raw ores is still heavily concentrated outside the Americas, maintaining an indirect geopolitical dependence.”
@charlesvanysseldyk3336
September 29, 2026 at 6:54 pm
Why would you invest in Michigan and have the unions controlling your business?
@worldaccordingtoLinus
September 29, 2026 at 7:36 pm
nobody wanted to do skill trade jobs
are you nuts?
thats manual labor that will drain your blood
@M.B.O1O1
September 29, 2026 at 7:37 pm
The rebuilding and growth of Michigan’s car industry is a huge Trump contribution to Michigan. Say what you will about his psychological issues, he is turning the country around to a better long term economy. Its huge. The democrats…would they have accomplished this. Would they ever be able to come face to face with the flow of unvetted migrants?
@KRANKAEWPRASIT
September 29, 2026 at 8:44 pm
🇺🇸🇺🇸👍👍🙏🙏
@jeroldparker7766
September 29, 2026 at 9:13 pm
Gretchen on her way out the Democrat, has finally seen the light!