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Thiel-Backed Startup Targets US Chip Comeback

Startup Substrate is aiming to rebuild US dominance in chipmaking with technology it says can rival ASML. The $1 billion startup has backing from investors including Founders Fund and General Catalyst and has spoken to members of the Trump administration about its plans. Substrate CEO James Proud joins Caroline Hyde and Ed Ludlow on “Bloomberg…

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Startup Substrate is aiming to rebuild US dominance in chipmaking with technology it says can rival ASML. The $1 billion startup has backing from investors including Founders Fund and General Catalyst and has spoken to members of the Trump administration about its plans. Substrate CEO James Proud joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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22 Comments

22 Comments

  1. @samj8021

    October 28, 2025 at 3:56 pm

    good for this guy if he raised money lol

  2. @timg2382

    October 28, 2025 at 4:02 pm

    Theranos

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    October 28, 2025 at 5:49 pm

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    October 28, 2025 at 5:49 pm

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    October 28, 2025 at 5:49 pm

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    October 28, 2025 at 5:50 pm

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  7. @LeonoorHusar

    October 28, 2025 at 5:50 pm

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  8. @MilanAshcraft-c9e

    October 28, 2025 at 5:50 pm

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    October 28, 2025 at 5:50 pm

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  10. @ErichFyodor

    October 28, 2025 at 5:50 pm

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  11. @ShermanBohm

    October 28, 2025 at 5:50 pm

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  12. @BillyPichardo-u9m

    October 28, 2025 at 5:50 pm

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  13. @WifeGiugno

    October 28, 2025 at 5:50 pm

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  14. @AuraCamarillo

    October 28, 2025 at 5:51 pm

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  15. @TheodoreKlein-y5c

    October 28, 2025 at 5:51 pm

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  16. @DeeBornstein

    October 28, 2025 at 5:51 pm

    If you’re sleeping on Corvix, wake up! CRV token charts look 🔥🔥🔥

  17. @PatDixon-y2x

    October 28, 2025 at 5:51 pm

    If you missed early entries last bull run, Corvix CRV might be your second chance.

  18. @TalyaCowden

    October 28, 2025 at 5:51 pm

    Watching Corvix quietly climb the charts — CRV token volume exploding.

  19. @RochellLlano

    October 28, 2025 at 5:51 pm

    The partnerships Corvix teased today are insane. Huge potential in CRV token.

  20. @GlennKeene-x2l

    October 28, 2025 at 5:52 pm

    Watching Corvix quietly climb the charts — CRV token volume exploding.

  21. @user-tx9zg5mz5p

    October 28, 2025 at 7:30 pm

    Fck evil lizard Thiel😂

  22. @MrxstGrssmnstMttckstPhlNelThot

    October 28, 2025 at 7:38 pm

    “Thiel-backed”
    Oh.
    So it’s fundamentally evil, gotcha.

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Bloomberg Technology

AI Dividend Proposal Roils Korean Market | Bloomberg Tech 5/12/2026

Bloomberg’s Caroline Hyde and Ed Ludlow discuss comments by a South Korean policymaker that the country should pay citizens a “dividend” using taxes on AI profits. Plus, the largest US derivatives exchange, CME, is planning to create a futures market for computing power, one of the key drivers of the AI boom. And, the CEO…

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Bloomberg’s Caroline Hyde and Ed Ludlow discuss comments by a South Korean policymaker that the country should pay citizens a “dividend” using taxes on AI profits. Plus, the largest US derivatives exchange, CME, is planning to create a futures market for computing power, one of the key drivers of the AI boom. And, the CEO of SAP talks about the company’s push into AI agents across business operations.
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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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Bloomberg Technology

CME Plans Computing Power Futures Market

US derivatives exchange CME Group and index provider Silicon Data are teaming up to create a futures market for computing power. Bloomberg’s Katherine Doherty discusses the reasons for the new market and how it will work. She joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on…

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US derivatives exchange CME Group and index provider Silicon Data are teaming up to create a futures market for computing power. Bloomberg’s Katherine Doherty discusses the reasons for the new market and how it will work. She joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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Bloomberg Technology

A-Star: Small Bets Still Crucial for VC-Style Returns

A-Star co-founder and General Partner Bennett Siegel says the firm is able to make outsized returns because of its commitment to writing smaller checks to a limited group of early-stage startups. A-Star raised $450 million, which may be dwarfed by the latest fund from larger competitors, but Siegel says his firm is sticking to its…

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A-Star co-founder and General Partner Bennett Siegel says the firm is able to make outsized returns because of its commitment to writing smaller checks to a limited group of early-stage startups. A-Star raised $450 million, which may be dwarfed by the latest fund from larger competitors, but Siegel says his firm is sticking to its strategy. He speaks to Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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