Bloomberg Technology
SoFi CEO: Merger With Palihapitiya SPAC a ‘Right Choice’
Jun.01 — SoFi Technologies Inc. CEO Anthony Noto discusses the company’s public debut following a merger with Social Capital Hedosophia Holdings Corp. V, a special-purpose acquisition company founded by venture capitalist Chamath Palihapitiya. He also shares his perspective on the rise of retail traders, competition with Robinhood Financial LLC and U.S. lawmakers’ scrutiny of banks’…
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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Microsoft’s Big Bets on AI Start to Pay Off
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Joey Keilholz
June 2, 2021 at 1:07 am
The method of going public isn’t the point. This company is great.
Joey Keilholz
June 2, 2021 at 1:11 am
“well, on that note, is there anything that concerns you?” are you kidding me? That’s not what Sofi users are doing? Why are you making everything as an opposition to Gamestop? Fuck you. It’s not your place to try to stomp on the average person or their rights.
They aren’t competing with robinhood! Are you kidding me with this interview? He’s totally correct that they are competing with regular banks! Interviewers have a clear, disgusting bias.
You cannot stop gamestop. You look like fools today and will be laughed at for generations to come. You have a bias to STOP REGULAR PEOPLE FROM MAKING MONEY. We already know you hate us. It’s just disgusting to see you do your owner’s bidding so transparently.
Rachel Ottelé
June 2, 2021 at 1:18 am
Nothing to loose “What do they think they’re earning?”