OpenAI’s Restructuring and Micron Shares Surging | Bloomberg Technology
Bloomberg’s Ed Ludlow looks at OpenAI mulling a restructuring and discussing giving Sam Altman a 7% equity stake in the company. Also, Micron shares see their biggest one-day gain since 2011 on the back of earnings, plus, a look at Meta’s augmented reality strategy and the indictment of New York City Mayor Adams. Chapters: 00:01:27…
Science & Technology
Black Founders Had a Great Fundraising Quarter…With a Catch
On one hand, US-based, Black-founded startups have already raised $643M, 70% of what was raised in the entirety of last year. But dig a little deeper into the numbers, and you’ll find that in the words of Crunchbase’s head of research: “…data has shown a persistent decline in funding to Black-founded companies that outpaces the…
Bloomberg Technology
Anthropic Disables AI Access for Foreign Nationals | Bloomberg Tech 6/15/2026
Bloomberg’s Ed Ludlow breaks down why Anthropic disabled access to its most advanced models for all foreign nationals after a request from the Trump administration. Plus, Nvidia is seeking to raise at least $20 billion from its first corporate bond sale since 2021. And, SpaceX shares throttle up on day 2 of trading, adding to…
Bloomberg Technology
China’s AI Markets Still ‘A Source of Funds’ Says Citigroup
Alicia Yap, Citi’s head of Pan-Asia Internet Research, breaks down where China’s tech market stands amid global AI adoption. But despite all this heavy corporate activity, Citigroup warns that global investors are still treating China tech as “a source of funds,” with Wall Street dumping local stocks to fund the global AI hardware trade. She…
Black Founders Had a Great Fundraising Quarter…With a Catch
Anthropic Disables AI Access for Foreign Nationals | Bloomberg Tech 6/15/2026
China’s AI Markets Still ‘A Source of Funds’ Says Citigroup
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September 26, 2024 at 5:43 pm
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@royed31
September 26, 2024 at 5:54 pm
WTF has the mayor got to do with tech
@EdenCloudTech
September 26, 2024 at 6:21 pm
His lawyer also represents Elon Musk I guess ????????♂️
@MidsummerNightScream
September 27, 2024 at 2:12 am
i think it’s because lots of tech companies are in NYC and carolyn is in NYC too
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September 28, 2024 at 8:44 am
At least it was funny and we can skip it to get to the other stuff in our lives ????
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Thumbs down on this one…..Tech news turned into New York mayor news hour
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Adams belongs at Rikers
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