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May 27, 2024
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xai says the funding — from silicon valley investors including sequoia capital — will be used to take its first products to market, build advanced infrastructure and accelerate research and development of future technologies. women make up a smaller proportion of top earners in uk finance than before the pandemic, according to research by the london school of economics. the study looked at the top 1% of earners between 2020 and 2023 and found 19.4% were women — down from 19.7% in the previous three years. lse researchers blame "lack of progression "to the most senior roles." qatar airways says it has launched an internal investigation after six passengers and six crew were injured during severe turbulence on a flight from doha to ireland. the qatar airways boeing 787 was met by emergency services when it landed shortly after midday on sunday at dublin airport. the incident comes just five days after a 73—year—old man died during severe turbulence on a singapore airlines flight. here are some reactions from passengers on the qatar airways flight after their arrival in dublin. the
xai says the funding — from silicon valley investors including sequoia capital — will be used to take its first products to market, build advanced infrastructure and accelerate research and development of future technologies. women make up a smaller proportion of top earners in uk finance than before the pandemic, according to research by the london school of economics. the study looked at the top 1% of earners between 2020 and 2023 and found 19.4% were women — down from 19.7% in the...
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May 28, 2024
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fidelity and sequoia capital are also an investor in the post bust twitter called x, of course, and they witnessed a significant value destruction, and what struck me is this guy destroyed their investment, and they said, give us more, please, we love that >> didn't get the ai side of it, probably >> it's interesting, the valuation and how much they raised, it's so clear that check is going right back to nvidia. >> we talked about some of the investors, they will get a small piece of xai >> did they get it or not get it >> it's unclear but sounds like that did not happen. >> they had to go in for a second round >> exactly >> elon musk was denning the reports, and you can go back on x and see. what do you think is going on? this was not happening and then it did >> there were reports, and the silicon valley reports were talking and knew what was it happening, and elon musk famously doesn't tell the truth. >> how far behind are they >> they said this funding is going to help launch, and it's not -- it's okay it's fun but also like the fact that it's open sourced -- i was out in silicon val
fidelity and sequoia capital are also an investor in the post bust twitter called x, of course, and they witnessed a significant value destruction, and what struck me is this guy destroyed their investment, and they said, give us more, please, we love that >> didn't get the ai side of it, probably >> it's interesting, the valuation and how much they raised, it's so clear that check is going right back to nvidia. >> we talked about some of the investors, they will get a small...
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May 9, 2024
05/24
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you have sequoia capital which has been incredibly active. the amount of money necessary means nvidia has to be a player or google. ed: the head of the musk family office has been talking a lot about what has been going on. coming up, another conversation around artificial intelligence. someone who is actually pretty straightforward and direct about what is going on in industry. caroline: she was building this business back in 2020. ed: what is interesting is may has a little bit of cash in the bank. that might help. we will be right back. this is bloomberg technology. her uncle's unhappy. i'm sensing an underlying issue. it's t-mobile. it started when we tried to get him under a new plan. but they they unexpectedly unraveled their “price lock” guarantee. which has made him, a bit... unruly. you called yourself the “un-carrier”. you sing about “price lock” on those commercials. “the price lock, the price lock...” so, if you could change the price, change the name! it's not a lock, i know a lock. so how can we undo the damage?
you have sequoia capital which has been incredibly active. the amount of money necessary means nvidia has to be a player or google. ed: the head of the musk family office has been talking a lot about what has been going on. coming up, another conversation around artificial intelligence. someone who is actually pretty straightforward and direct about what is going on in industry. caroline: she was building this business back in 2020. ed: what is interesting is may has a little bit of cash in the...
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May 28, 2024
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. >> carl a group of well-known investors involved in this deal, fidelity, sequoia capital among others the numbers, first, $6 billion raised at a $24 billion valuation. and the pitch that musk was giving to those investors according to a report over the weekend from the information, x ai will run on a super computer if you read between the lines, just sounds like oracle's cloud packed with a bunch of nvidia chips they plan to buy and x ai's is a chat both, musk pitches it as a chat bot with humor to it and open source as well to put the mega fund raise into perspective, we just got through two weeks of ai announcements from openai, google, and microsoft, and just this morning openai announced it's working on the next version of chatgpt, meantime xai is going to use cash to launch products as well. right now xai is behind the rest of the others i mentioned. also you can bet a significant chunk of that cash they just raised is going to go to nvidia to scoop up its best chips which, of course, costs tens of thousands a pop and another chunk likely over to oracle or whatever cloud service
. >> carl a group of well-known investors involved in this deal, fidelity, sequoia capital among others the numbers, first, $6 billion raised at a $24 billion valuation. and the pitch that musk was giving to those investors according to a report over the weekend from the information, x ai will run on a super computer if you read between the lines, just sounds like oracle's cloud packed with a bunch of nvidia chips they plan to buy and x ai's is a chat both, musk pitches it as a chat bot...
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May 27, 2024
05/24
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investors include sequoia capital and fidelity and all of this part and parcel of his big visions for ai. he has been outspoken about its promises as well as its limitations, one of the main people in the space talking about the need for regulation around it. this as he expands his own ai capabilities through x ai. they are going to go through a serious run -- funding round of $6 billion. elsewhere, markets are preparing for the dawn of the t plus one rule which begins tomorrow. it means u.s. trades will now settle in one day rather than in two. for more on this, i'm joined by bloomberg's kriti gupta. in my previous life, i was a bond girl, bond trader, and back then, at treasuries did settle t plus one but equities have been two plus two all this time until today so why the change? kriti: this is a little bit of foam -- fomo but also ptsd. we remember the mean craze we signed the stock market. a lot of global investors were exposed to that kind of volatility in a way they could not handle it when you have the retail crew get in on some of that volume. you mentioned the bond market. t
investors include sequoia capital and fidelity and all of this part and parcel of his big visions for ai. he has been outspoken about its promises as well as its limitations, one of the main people in the space talking about the need for regulation around it. this as he expands his own ai capabilities through x ai. they are going to go through a serious run -- funding round of $6 billion. elsewhere, markets are preparing for the dawn of the t plus one rule which begins tomorrow. it means u.s....
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May 9, 2024
05/24
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sequoia capital is can tripping to the valuation. the platform will be able to train from data to help build its language models and ultimately it aims to compete with openai. it currently g operatesrok on x. there will be a champions league final in london next week. too late goals from adrenaline fueled there when over munich to advance to the final will they were look to win their fifth title in the past nine years. they beat dortmund earlier. that's your bloomberg brief. jonathan: just leave the picture of that man right there up. that's the manager, four-time winner as a coach, twice as a player back in the days. an absolute legend. what a finish it was through the end of that game yesterday. up next on the program, traders looking for doves at the boe. >> i think we have felt the maximum impact is tightening. there is a clear possibility there would be more easing than the market is currently pricing. jonathan: that conversation is up next and the rate decision is about 15 minutes away. ♪ ♪♪ sandals jamaica sale is now on
sequoia capital is can tripping to the valuation. the platform will be able to train from data to help build its language models and ultimately it aims to compete with openai. it currently g operatesrok on x. there will be a champions league final in london next week. too late goals from adrenaline fueled there when over munich to advance to the final will they were look to win their fifth title in the past nine years. they beat dortmund earlier. that's your bloomberg brief. jonathan: just...
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May 31, 2024
05/24
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sean maguire, partner at sequoia capital, partnering with several of the companies putting $300,000 towards the trump world to make sure that trump becomes president. some of it has unnerved big donors and they will stay behind him. lisa: they talked about one question, whether the u.s. will be a banana republic, but then there is lot in order with 12 jurors that convicted him. what does this do to the establishment institutions? will there be an attack on both sides when a lot of people are casting doubt on the importance of why this case was brought? not so much the legitimacy, but wyatt was tried at a time when people are saying -- ok. jonathan: what actually changed in the electorate? the incoming polls will be closely watched, but coming into this, the old cited from npr's pbs before the verdict, two out of three voters saying that a guilty verdict would have no effect on who they plan to vote for in november. annmarie: what is so interesting about that poll is that 74% were independents, a key margin for both of these individuals to win. trump will being the base, biden will bring the
sean maguire, partner at sequoia capital, partnering with several of the companies putting $300,000 towards the trump world to make sure that trump becomes president. some of it has unnerved big donors and they will stay behind him. lisa: they talked about one question, whether the u.s. will be a banana republic, but then there is lot in order with 12 jurors that convicted him. what does this do to the establishment institutions? will there be an attack on both sides when a lot of people are...
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May 28, 2024
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that have backed musk's other ventures and sequoia and increasen horowitz they chipped in for musk's twitter acquisition in 2022. back then horowitz tweeted we invested because we believe in the vision to connect the world and elon's brilliance to finally make it what it was meant to be. since that tweet the company formerly known as twst lost billions in value. two years in venture capital is a short amount of time it's generally more accepting compared to other business environments plus what i'm hearing is that he's going to be able to draw from the data sets from x formerly twitter and tesla and could give him an edge in the arm's race. >> shows musk has been so successful if you put it all together, spacex i think gives so much credibility with regards to what happened with twitter, tesla, kind of coming through the 2010, nearly going into bankruptcy and still being ahead of the curve, so i think, hope, expect, maybe he knows what to do here and can do it again? it's just -- it's amazing they're not more burned by the experience of those losses with twitter. >> not at all. i was
that have backed musk's other ventures and sequoia and increasen horowitz they chipped in for musk's twitter acquisition in 2022. back then horowitz tweeted we invested because we believe in the vision to connect the world and elon's brilliance to finally make it what it was meant to be. since that tweet the company formerly known as twst lost billions in value. two years in venture capital is a short amount of time it's generally more accepting compared to other business environments plus what...