Bloomberg Technology
Apollo's Multibillion Intel Offer, Alex Karp and Wall Street
Sep 23, 2024
In this discussion, Alex Karp, the CEO of Palantir, shares insights on his fraught relationship with Wall Street, especially as his company prepares to join the S&P 500. The conversation dives into Apollo's multibillion-dollar investment offer for Intel, sparking interest given Qualcomm's potential takeover. Tensions between U.S. and Chinese EV manufacturers are also explored, highlighting regulatory challenges and market dynamics. Karp’s perspective on navigating innovation amidst these pressures offers a captivating glimpse into the tech landscape.
42:33
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Quick takeaways
- Apollo's multibillion-dollar investment offer in Intel signals a strategic alliance aimed at stabilizing the company amid competitive pressures.
- U.S. government efforts to restrict Chinese technology imports could significantly impact the rapidly growing electric vehicle market in China.
Deep dives
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