Bloomberg Tech

Mike Shepard, Bloomberg editor specializing in tech and politics, joins the discussion on the U.S. granting Saudi Arabia access to advanced AI chips. They unpack Nvidia's pivotal role in the massive data center project in Riyadh and the implications for global tech dynamics. Shepard highlights the nuances of U.S.-Saudi relations as they explore evolving foreign policy on technology partnerships. The conversation also touches on the market's response to geopolitical shifts and the vision for Saudi Arabia’s tech future amidst these changes.

The Nasdaq is back in a bull market, fueled by positive US-China trade talks. Ankur Crawford discusses how lifting chip restrictions could spark innovation. Meanwhile, Gautam Mukunda warns Tesla might face serious safety concerns if it doesn’t learn from Boeing's mistakes. The impact of tariffs and trade relations on major tech firms is also explored, alongside Apple's strategic shifts in manufacturing and pricing. Plus, there's a dive into the evolving landscape of sports streaming and the challenges facing ad spending in uncertain economic times.

Join Jason Schreier, Bloomberg's video game industry reporter, as he dives into Apple's groundbreaking shift towards custom M-series chips, enhancing performance in future devices. The discussion pivots to the ripple effects of U.S.-China trade talks on tech giants like Apple and Tesla. Lyft's CEO, David Risher, shares insights on market expansion and where the company is investing next. Plus, gain perspective on the ride-sharing industry's resilience amidst economic headwinds—all while navigating the evolving landscape of technology and consumer trends.

Dara Khosrowshahi, CEO of Uber, discusses the company's latest earnings and the future of driverless cars in their operations. He shares insights into the impressive growth in trips and profitability, while addressing the rising insurance costs impacting pricing. Khosrowshahi highlights the Uber One membership program as a key strategy to boost loyalty and user engagement. Additionally, he delves into partnerships with Waymo, the importance of airport transportation, and Uber's innovative investments in AI and global collaborations.

Arvind Krishna, IBM's CEO, dives into the company's cutting-edge AI solutions for managing enterprise AI agents, emphasizing the shift from experimental tech to real business value. Tyler Kendall shares insights on market resilience amidst economic tumult, while Natalie Leung sheds light on DoorDash's international growth and strategic acquisition of Deliveroo. They also touch on Palantir's disappointing results, contrasting retail investor optimism with Wall Street's skepticism, and discuss the broader implications for the tech landscape.

Scott Bessent, the Treasury Secretary, emphasizes the urgency for the U.S. to lead in AI and quantum technology as China gains ground. He shares insights from the Milken Conference on how economic strategies can foster investment. Meanwhile, Lucas Shaw highlights the potential fallout from President Trump's 100% tariffs on foreign films, detailing how this could shake up Hollywood and impact production costs. The conversation dives deep into the challenges and opportunities facing both the tech and entertainment industries in a changing economic landscape.

Chris Wright, former US Energy Secretary under Trump, dives into the administration's plans to boost electricity output to fuel AI development. He discusses the implications of energy policy on manufacturing and addresses the challenges and opportunities posed by technological shifts. The conversation also covers how tariffs are currently impacting giants like Amazon and Apple, with Wright highlighting the intricate relationship between energy and tech innovation in driving economic growth.

Mark Mahaney, Senior Managing Director at Evercore ISI and an expert in internet and media equity research, dives into the impressive earnings of Microsoft and Meta, emphasizing their resilience in tough economic times. He discusses Microsoft's substantial growth in cloud services driven by AI and what this means for the tech landscape. The conversation also touches on Apple's upcoming results, investor expectations, and the ongoing legal challenges facing major tech companies. Mahaney highlights the emerging trends in early-stage AI investments, spotlighting the dynamic startup culture.

Wu Jin-ho, a Bluebeck Intelligence analyst, discusses the economic pressures affecting tech firms, highlighting Super Micro's disappointing results and the impact on the sector. Peter Oey, CFO of Grab, shares insights on why the Southeast Asia-based delivery giant raised its earnings forecast despite global challenges. They also touch on how AI is transforming productivity and the competitive landscape, contrasting Snap's struggles with Grab’s resilience amid economic uncertainties.

Bloomberg’s Caroline Hyde and Ed Ludlow dive into the White House calling out Amazon after reports that it would display the cost of US tariffs on products - which Amazon later denied. Plus, Spotify shares fall after giving a muted outlook for profit, and SoFi CEO Anthony Noto says the Trump administration’s regulatory reforms will allow the online bank to offer more products.See omnystudio.com/listener for privacy information.