Bloomberg’s Ed Ludlow looks at why Nscale is facing pushback to its $30 billion IPO valuation target, with some investors suggesting $16 to $19 billion instead. Plus, Anthropic plans to put 5% of its shares into a new public benefit fund to address “the public good,” and a former OpenAI software engineer charged with placing a recording device in one of the company’s offices is set to appear in court today.
00:00:00 – Bloomberg Tech Begins
00:01:30 – Bailey Lipschultz, Bloomberg News
00:05:21 – Jed Ellerbroek, Argent Capital
00:11:14 – Michael Shepard, Bloomberg News
00;:7:05 – Liana Baker, Bloomberg News
00:19:07 – Seth Fiegerman, Bloomberg News
00:24:24 – Erik Hirsch, Hamilton Lane
00:35:13 – Tyler Kendall, Bloomberg News
00:39:37 – Mark Gurman, Bloomberg News
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.
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@kajahtaa
October 19, 2026 at 2:41 pm
I’ll die laughing if Nscale was also breached.
@randyharmon717
October 19, 2026 at 4:52 pm
Of course Musk has a better idea but who’s going to fund it the American people like DOGE.
@randyharmon717
October 19, 2026 at 4:55 pm
So exactly how many kids and what’s the actual benefit to the kids over a forty-year period. I’m pretty sure that’s a big tax break for Musk.
@vme90-y7l
October 19, 2026 at 5:57 pm
Sleepy Apple reminiscent of IBM when their PC first came out with the tiny expensive updates from time to time e.g. the chiclet “keyboard”
@1nherit0r
October 19, 2026 at 8:45 pm
24:08 = Best section of the ep.