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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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    October 28, 2025 at 5:50 pm

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    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

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  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

President Trump Announces Apple and Intel Chip Collaboration | Bloomberg Tech 6/18/2026

Bloomberg’s Ed Ludlow discusses the latest announcement made by President Donald Trump, which will see Apple and Intel joining forces to produce chips domestically, sending shares of the chipmaker higher. Plus, Anduril’s CEO discusses how the company won a contract with the US Air Force to produce autonomous fighters. And, SpaceX wraps up its first…

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Bloomberg’s Ed Ludlow discusses the latest announcement made by President Donald Trump, which will see Apple and Intel joining forces to produce chips domestically, sending shares of the chipmaker higher. Plus, Anduril’s CEO discusses how the company won a contract with the US Air Force to produce autonomous fighters. And, SpaceX wraps up its first full week of trading, with shares falling for a second day straight.

Chapters:
00:00:00 – Bloomberg Tech Begins
00:01:12 – Ian King & Mandeep Singh, Bloomberg News
00:05:57 – Ankur Crawford, Alger
00:12:15 – Brian Schimpf, Anduril
00:20:57 – Matt Day, Bloomberg News
00:23:48 – Michael Regan, Bloomberg News
00:25:56 – Matthew Witheiler, Wellington Management
00:32:23 – Chris Pavolvski, Rumble CEO
00:37:18 – Dana Wollam, Bloomberg News
00:39:49 – Felix Gillette, Bloomberg News
00:41:42 – Randall Williams, 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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Bloomberg Technology

Rumble Bets on AI Compute Demand With New AI Platform

Video platform Rumble is jumping on the AI bandwagon with its newest AI platform. Launching as Quake AI, the new sector combines cloud, compute, and AI infrastructure, and is slated to dominate the company’s business segment. Rumble CEO Chris Pavlovski joins Ed Ludlow on “Bloomberg Tech” with more on the pivot. ——– Like this video?…

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Video platform Rumble is jumping on the AI bandwagon with its newest AI platform. Launching as Quake AI, the new sector combines cloud, compute, and AI infrastructure, and is slated to dominate the company’s business segment. Rumble CEO Chris Pavlovski joins Ed Ludlow on “Bloomberg Tech” with more on the pivot.
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Bloomberg Technology

Investors Anticipate Fresh Liquidity Following Historic SpaceX Debut

SpaceX’s historic public debut comes during a critical inflection point as a wave of multibillion-dollar AI companies prepare to go public. With the unprecedented IPO, investors are anticipating a wide-scale “distribution event” that will give private markets the fresh cash it desperately needs. Matt Witheiler, Head of Late-Stage Growth at Wellington Management, thinks the private…

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SpaceX’s historic public debut comes during a critical inflection point as a wave of multibillion-dollar AI companies prepare to go public. With the unprecedented IPO, investors are anticipating a wide-scale “distribution event” that will give private markets the fresh cash it desperately needs. Matt Witheiler, Head of Late-Stage Growth at Wellington Management, thinks the private tech ecosystem will see a cash return. He joins Ed Ludlow of “Bloomberg Tech”.
——–
Like this video? Subscribe to Bloomberg Technology on YouTube:

 
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