Ed Ludlow
Ed Ludlow is a Bloomberg Television anchor and interviewer covering technology and business. He hosts interviews with executives, including Grab CFO Peter Oey, on company results and topics such as AI.
Netflix Seeks More Viewer Engagement Without Sacrificing 30% Margins
Netflix has lost about $135 billion in market value this year, and Bloomberg’s Felix Gillette argues that its immediate challenge is to lift viewer engagement while keeping margins above 30%. With the company’s next year of film and television largely shaped by the previous leadership, Gillette says Netflix must find ways to keep audiences watching without relying too heavily on costly programming such as live sports. One option under consideration, he suggests, is releasing series episodes weekly rather than all at once.
Eric Schmidt’s Reported 1% Anthropic Stake Could Be Worth $200 Million
Bloomberg News reporter Natasha Mascarenhas says former Google CEO Eric Schmidt’s reported 1% stake in Anthropic is unusually large for an individual investor. Bloomberg anchor Ed Ludlow estimated that the stake could be worth as much as $200 million if Anthropic were valued at $20 billion; that is a conditional estimate, not a realized return.
Nscale’s $45 Billion Anthropic Deal Hinges on Building Its West Virginia Campus
Anthropic is in talks with Nscale on a computing deal that could reach $45 billion, for a second facility at Nscale’s Monarch campus in West Virginia. Bloomberg News reporter Bailey Lipschultz said the proposed facility would supply 460 megawatts of compute, but the deal also sharpens the central question facing Nscale: whether it can build the capacity on schedule and deliver the compute underpinning its growth and valuation plans.
SpaceX’s $100 Billion Revenue Goal Puts Capital Spending in Focus
Ahead of SpaceX’s third-quarter results, Bloomberg Intelligence’s Mandeep Singh said investors would focus on whether the company can finance the infrastructure needed to meet its growth targets. He cited the prospect of capital spending above $150 billion in 2027, arguing that contracted demand and guidance for $100 billion in annual recurring revenue do not settle whether investors will accept the cost of building capacity. George Ferguson said launches mainly enable businesses such as Starlink and future space-based data centers, while Singh described revenue from Grok itself as less certain than income from renting compute.
Apple’s Next HomeView Could Turn Its Screen Toward Whoever Is Speaking
Bloomberg’s Mark Gurman says Apple is already developing a higher-end HomeView with a robotic limb that would swivel the screen toward whoever is speaking. Unlike the $299 model, which users must reposition themselves, the proposed device would use visual and voice cues to identify a person and turn toward them. Gurman estimates it could cost more than $800 and arrive next year or the year after.
Anthropic’s 5% Share Fund Leaves Distribution Decisions to the Company
Anthropic says it will dedicate 5% of its shares to a public benefit fund it would manage, leaving the company to decide how the stake is used and who benefits. Bloomberg’s Mike Shepard contrasts that approach with Senator Bernie Sanders’s proposal for a government-run fund and Elon Musk’s pledge to give one SpaceX share to every child in America. Musk has said the shares would come from his own holdings; Anthropic has not specified whether its stake would come from new or existing shares.
Roadster Unveiling Puts Tesla–SpaceX Merger Speculation on Display
Tesla’s Roadster unveiling at a SpaceX facility made visible a possible connection between the companies as investors weigh whether they could merge, Bloomberg Intelligence analyst Matthew Bloxham said. He called the display part of the story Elon Musk has been building around a tie-up, pointing to existing collaboration and potential overlap in data and AI. But Bloxham noted that the Roadster is not expected to be available until 2028, and Tesla has made no official announcement about a merger.
Investors Debate Whether Anthropic’s Growth Can Match IPO Expectations
Anthropic told prospective investors its third-quarter revenue was $16.8 billion, but Bloomberg reporter Bailey Lipschultz said the figure has not resolved a central question ahead of the company’s planned IPO: whether its growth is fast enough to meet investor expectations. Some investors see growth below 50% quarter over quarter as a sharp slowdown, while others question whether a company at Anthropic’s scale can be expected to double revenue every quarter; investors are also looking for evidence that growth can produce returns.
New York City Comptroller Urges Anthropic to Pause IPO Over AI Risks
New York City Comptroller Mark Levine is urging Anthropic to pause its planned IPO until it fully and transparently addresses concerns about AI safety, governance and the pace of development. In a letter to CEO Dario Amodei, Levine argued the company should focus on what he called AI’s unprecedented risks rather than proceed with the offering. Bloomberg’s Ed Ludlow said the IPO process could continue, with Anthropic’s S-1 potentially becoming public, if the company does not heed the request.
Europe’s Robotaxi Race Runs Through National Rules and Local Training
Europe’s national routes to robotaxi service are advancing at different speeds, but regulatory progress does not make a deployment portable, Frank McCleary, a partner at Arthur D. Little, told Bloomberg’s Ed Ludlow. Operators must train their systems in each new environment, McCleary said, so experience gained in China does not by itself establish that a vehicle will work in a European city. Ludlow framed Europe as an option for Chinese operators facing constrained access to the US; McCleary described the US restrictions behind that constraint.
GTA VI’s Eight-Year Development Reflects Pandemic Disruption, Staff Growth, and Scope
Bloomberg reporter Jason Schreier says *Grand Theft Auto VI*’s eight-year development was prolonged by several pressures rather than a single setback: the pandemic, uncertainty over the game’s direction, staff departures and the challenge of building an unusually large virtual world. Rockstar expanded the team to 4,700 people and offered paid time off for extra hours, but Schreier says the studio’s five-day office mandate and ban on remote access remain contentious. The game is scheduled for release on November 19.
ASML’s Capacity Is Strained as Chipmakers Plan Through 2030
ASML’s capacity, rather than a lack of demand, is the constraint as chipmakers plan investments years ahead. Intesa Sanpaolo analyst Antonella Frongillo says equipment makers are discussing demand into 2029 and 2030, though those discussions are not confirmed orders; she sees further upside for ASML despite uncertainty over China sales and the potential impact of the MATCH Act.
Modal Has Run More Than 3 Billion Sandboxes for AI Agents
Modal CEO Erik Bernhardsson argues that the new capabilities of AI models require new infrastructure, including inference, training and sandboxes that let agents execute code in isolation. He describes those tools as building blocks for AI applications; Modal says it has run more than 3 billion customer sandboxes. The company has raised $750 million at a $15.75 billion post-money valuation to grow faster, launch products and add capacity.
OpenAI Employee Arrested in Hidden-Recording Device Investigation
An OpenAI employee was arrested on an allegation of planting a hidden recording device in an executive conference room at the company’s San Francisco offices, Bloomberg reporter Rachel Metz reports. A criminal complaint outlined occasions when the employee was allegedly near the room and included an image Metz identified as showing the employee behind a television, where the device was found. OpenAI said there was no sign sensitive data had been compromised; the report did not establish whether the device recorded anything.
Space Investment Could Top $100 Billion as SpaceX IPO Revalues Sector
Space Capital estimates that investment in the space economy could exceed $100 billion in 2026, a first for the sector. Bloomberg space reporter Loren Grush argues that SpaceX’s planned IPO is helping reset how investors value space businesses, while defense demand and the need for new infrastructure are drawing capital to companies beyond SpaceX.
Muse Wonder Combines Frontier-Model Claims With Personal Context
Meta is positioning its Muse Wonder model as both a bid to match rivals such as OpenAI and Anthropic and the engine for its consumer AI assistant, Muse. Bloomberg reporter Riley Griffin said chief AI officer Alexandr Wang described Wonder as competitive with leading models, while emphasizing that it was built for personal-agent tasks: using a user’s information to tailor responses. At launch, Griffin said, Wonder would be available through paid Muse subscriptions as Meta works to lower the cost of serving it.
Apple Bundles HomeView With Cameras and a Thermostat in Smart-Home Push
Apple is pitching its new smart-home lineup as a ready-made setup, rather than a standalone display, Bloomberg’s Mark Gurman says. The $299 HomeView combines a HomePod with a screen for personalized household information and controls, alongside a thermostat and cameras that Apple is also introducing. Gurman says the package could make it easier for customers to assemble an Apple-powered home without piecing together products from different sellers.
Meta’s Muse Raises Model Quality but Leaves Enterprise Integration Unproven
Meta’s new Muse model may put the company closer to leading AI systems, but Bloomberg Intelligence’s Mandeep Singh argues that stronger performance alone will not win enterprise customers. Businesses need deeper integration, he says, while Meta’s more promising opening may be in personal-use agents: Singh says he uses Muse daily, almost entirely outside work.
Apple Ties Its New Smart-Home Lineup to a New Siri AI
Bloomberg’s Mark Gurman says Apple plans to use a new Siri AI to connect a smart-home hub, an updated HomePod Mini and a new Apple TV, framing the lineup as a reboot of the company’s home strategy. He calls the reset overdue, though his account does not explain how Siri will link the devices in practice.
Tech’s 30% Valuation Reset Has Historically Favored Further Gains
Fidelity’s Denise Chisholm argues that a rare valuation reset has improved the outlook for technology stocks, even as investors worry that AI and other tech spending may slow. The sector’s multiple has contracted about 30% while earnings expectations continue to rise; Chisholm says history suggests such a correction often leaves room for further gains, and that slower technology investment has not usually meant contraction.
Microsoft Plans Multi-Gigawatt Maia Deployment for Internal AI Workloads
Microsoft is moving its Maia chips into data centers as it seeks to run more of its AI workloads on homegrown hardware. Bloomberg reporter Matt Day said the company plans a multi-gigawatt deployment, with its third-generation Maia 300 beginning rollout in 2027, and expects internal services such as Copilot and GitHub to use the capacity. Microsoft’s case for the chips is that they can run some workloads more efficiently and reduce the cost of its data-center operations.
Oracle Trucks Natural Gas to Keep Data Center Builds on Schedule
Oracle is trucking natural gas to data centers near Salt Lake City and is considering the same approach for a New Mexico site where a needed pipeline is delayed. Bloomberg’s Brody Ford described trucked gas as a stopgap, not a preferred long-term power source: the workaround reflects pressure to bring data centers online quickly after Oracle has borrowed heavily to build them.
Crew-12 Returns After 237 Days as Dragon’s Future Beyond the ISS Remains Unclear
SpaceX’s Crew Dragon returned four astronauts from the International Space Station with a Pacific splashdown off California, completing a 237-day mission. Bloomberg space reporter Loren Grush said Dragon has at least four operational NASA crew flights remaining before the station’s planned retirement, but its future beyond that is uncertain as SpaceX shifts resources toward Starship, which still requires substantial work before it can carry astronauts to the moon.
Union Square Ventures Raises $900 Million to Lead Larger Seed and Series A Rounds
Union Square Ventures has raised $900 million across a $500 million early-stage fund and a $400 million opportunity fund, expanding its capacity as some startups require larger rounds. General partner Nick Grossman said the early-stage fund will still invest at inception but can also lead selected Series A rounds of $20 million to $30 million; the firm is not aiming to become a broad-market investor. The fundraising coincides with a transition to a four-partner core, which Grossman described as a gradual handoff rather than a change in USV’s collaborative approach.