ashton kutcher joins us now for more. it's interesting because you are really focusing on foundational models. that is where a lot of people are putting their activity, why so much focus there? ashton: we have multiple vehicles. our core vehicle will focus on the application layer. that is where there will be a boon of innovation for business models that are being unleashed that were never possible before. our core ai fund, we saw when tbt was launched. we have been invested in ai for seven years. when we saw tbt launched we realized this was an absolute breakthrough in these foundational models are going to be the underpinning of the next transformation for technology. we first started investing in 2008 around the mobile revolution and companies that did not embrace that in a forward basis really struggled. it also unleashed new business models that never could have been lost before when you have a gps, camera, radio in your pocket. it unleashed these business models that were never possible before. because of these large

. >>> full-timely, we'll speak to ashton kutcher, the hollywood star and investor. he'll weigh in on a.i. and streaming, awe as s llthe hollywood writers strike "power lunch" will be right back - double check that. eh, pretty good! (whistles) yeek. not cryin', are ya? let's tighten that. (fabric ripping) ooh. - wait, wh- wh- what was that? - huh? what, that? no, don't worry about that. here we go. - asking the right question can greatly impact your future. - are, are you qualified to do this? - what? - especially when it comes to your finances. - yeehaw! - do you have a question? - are you a certified financial planner™? - yes. i'm a cfp® professional. - cfp® professionals are committed to acting in your best interest. that's why it's gotta be a cfp®. find your cfp® professional at letsmakeaplan.org. >>> welcome back to "power lunch. stocks heading lower today. the regional bank fears have been lingering around. let's get to chicago to see how the stories are playing with bonds. rick santelli live with the traders. rick >> yes, it's the one-two punch the first punch

nate: ashton kutcher has a strong brand in the investing side, it deftly took us longer so very impressiveid. but we are oversubscribed with our second fund. caroline: what about the ways in which artificial intelligence is upending every business model? is it something you are looking at? nate: it is something all of our brands are going to have to take a look at and how they can incorporate it into their company. it is still early days and something we are looking at and will be part of our consumer brands. caroline: nate raabe, thank you. vc firms continue to tout their commitment to ai companies. we speak with a partner of bessemer venture partners. this is bloomberg. ♪ conventional thinking delivers conventional results. at allspring, we break away with purpose. harnessing data-driven insights and boundless curiosity. we dissect the market from every angle. helping to build portfolios that redefine what's possible. because investing isn't one size fits all. allspring. purposefully divergent. caroline: time for our the seat read up. investment fund processes exploring divestments from

coming up, ashton kutcher joins vtec.i've lost 202 pounds on golo. so the first time i ever seen a golo advertisement, i said, "yeah, whatever. there's no way this works like this." and threw it to the side. a couple weeks later, i seen it again after getting not so pleasant news from my physician. i was 424 pounds, and my doctor was recommending weight loss surgery. to avoid the surgery, i had to make a change. so i decided to go with golo and it's changed my life. when i first started golo and taking release, my cravings, they went away. and i was so surprised. you feel that your body is working and functioning the way it should be and you feel energized. golo has improved my life in so many ways. i'm able to stand and actually make dinner. i'm able to clean my house. i'm able to do just simple tasks that a lot of people call simple, but when you're extremely heavy they're not so simple. golo is real and when you take release and follow the plan, it works. in silicon valley and beyond, this is bloomberg technology with

ashen coup -- ashton kutcher joins bloomberg technology at 12 noon eastern time. this is bloomberg. western alliance shares held yet again at one point down. denying claims from the f thatt they are looking for --strategic options. the senate banking committee is heard -- is holding any hearing -- a hearing. they -- kailey leinz is on capitol hill. what are they saying? >> all of them expressed concerns and i spoke to a number of senators. all of them expressed concern about what is going on in the banking system and the idea that something needs to be done and a lot of fingers have been pointed as is the title on this hearing on executive's and management of these banks, how they should be held to account, and see their conversation claude back. a lot of this is about the legality of these moves and i asked them, what can be done to stabilize bee stings? pac west and western alignment are exhibits a and b. they don't seem to have a path forward other than senator warren west copart legislation that is hard to see bipartisan alliance on. guy: are they getting to a point that they fe

. >>> before all that, ashton kutcher is going all in, launching a $240 million a.i he is always aheadber twitter he'll join us live tyler is getting ready for it, and i'll join him on the other side of th bakisre ♪ >>> good afternoon, everybody. welcome to "power lunch. with kelly evans, i'm tyler mathisen we're having a big market day right now. it is lower, as you will see, by about 1% on the dow, but it was worse earlier. roughly 1% declines, as well, for the s&p 500 and nasdaq. >> yeah, once again, we're watching the regionalen banks they're getting crushed again. the first public rescue is not stopping the slide >>> also, oil down nearly 5% hurt in part by the likelihood of another fed rate hike tomorrow we'll hit the market-moving stories. >>> first, the latest leg of the bank slide leslie >> hey, kel, regional banks in focus again as the market digested the fallout of the first republic failure and sale to jpmorgan. down a little more than 6% co a coamerica, western alliance, zions and keycorp leading the downs today. it is the real estate exposure, level of uninsured deposits,

when he gets my age you know, things just fall apart in this way it is and 71 what is ashton kutcherguest: will he is so apparently, that he thinks businesses that are not using ai tools will suffer through this. >> your company and your sleeping on this, you're probably going to be out of business, it is a good as the powerful from utilization standpoint. stu.guest: well he said that ais benefited a range of industries like personalized medicine and personalized law and education. in his venture-capital firm, called sound ventures is already launcher 240 million-dollar ai fun to come this month. and is already investments in major ai companies like, when ai and he says, is firm will continue to support ai startups for the long haul. read back to you. stuart: [applause] this very very good. and i prefer irving. [laughter] but that's okay. guest: okay irving it is. stuart: for the white house it goes after fox's peter ducey, pushing back on the ridiculous claim that illegal migration is down 90 percent. watch this. >> utility is the number and if i hear you and i'm about to answer tha

don't know anyway, this is just one of those really easy, light, classic romantic comedies with ashton kutcherr a long time, but is it true you've never worked with ashton before? >> yeah, we never worked together before. >> seth: that's amazing. >> and it was the perfect script the woman, aline brosh mckenna, who wrote it and directed it, she wrote "devil wears prada" and "27 dresses" and "crazy ex-girlfriend," so she's just -- she's got a very funny tone to her writing. but she also understands a lot about just the idea of what a modern romance is. like it can't be corny, or not modern, right? so it's all about a love letter to a single mom. my character is a single mom looking for love and second chances, and she finds it in the most unlikely place. >> seth: don't give too much away >> new york city >> seth: new york city this is the first rom-com that took place in new york, is that true >> it is [ laughter ] >> seth: wow somebody finally said, "you know what this would be a good place." >> finally yes, with beautiful locations, and the weather's always good. >> seth: oh, good. >> yes, lik

have you seen the one with ashton saw ashton kutcher?ut it's not really like the comedy industry to be cowardly and utterly bereft of principles. scott weird, principles. scott it's weird, tcr-t— isn't it, especially where you-rc— isn't it, especially where - you-rc—tooocrct isn't it, especially where - yoyour—tooocrct isn't it, especially where - yo your career?-happened isn't it, especially where yo your career? joanna happened isn't it, especially where yo your career? joanna cherryened isn't it, especially where yo your career? joanna cherry ised to your career? joanna cherry is an to your career? joanna cherry is or-trom — to your career? joanna cherry is an-from scotland- to your career? joanna cherry is an from scotland and she an mp from scotland and she knows— an mp from scotland and she knows tro— an mp from scotland and she trowc the guy— an mp from scotland and she knows the guy who runs the club. the knows the guy who runs the club. the start — knows the guy who runs the club. the start .— knows the guy who runs the club. th

have you seen the one with ashton saw ashton kutcher? it's not really like the comedy industry to be cowardly and utterly bereft of principles. scott weird, principles. scott it's weird, tcr-t— isn't it, especially where you-rc— isn't it, especially where - you-rc—tooocrct isn't it, especially where - yoyour—tooocrct isn't it, especially where - yo your career?-happened isn't it, especially where yo your career? joanna happened isn't it, especially where yo your career? joanna cherryened isn't it, especially where yo your career? joanna cherry ised to your career? joanna cherry is an to your career? joanna cherry is or-trom — to your career? joanna cherry is an-from scotland- to your career? joanna cherry is an from scotland and she an mp from scotland and she knows— an mp from scotland and she knows tro— an mp from scotland and she trowc the guy— an mp from scotland and she knows the guy who runs the club. the knows the guy who runs the club. the start — knows the guy who runs the club. the start .— knows the guy who runs the club. the