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.
Hyperscaler Spending Can Slow While Still Outpacing Economic Growth
Goldman Sachs Wealth Management’s Matt Weir argues that the market’s reliance on a handful of large technology stocks does not, on its own, signal that the bull market is ending. He expects hyperscalers’ capital-spending growth to slow sharply from its extraordinary pace, but remain far faster than economic growth. For Weir, earnings—not short-term market concentration or macroeconomic distractions—will ultimately determine where stocks go next.
OpenAI Will Delay Its IPO While It Adjusts to New AI Capabilities
OpenAI is selling its new Dots agent as a premium tool for people with substantial work to do, while CEO Sam Altman says the company will delay an IPO as it adjusts to more capable models and their safety requirements. In an interview with Bloomberg’s Ed Ludlow, Altman said OpenAI would slow training or releases if that helped advance safety, monitoring or security, and argued that going public during this transition would add investor demands at the wrong time.
SpaceX’s Chip Financing Talks Put AI Debt Appetite to the Test
SpaceX is in early-stage talks to raise $40 billion to buy Nvidia chips, Bloomberg Tech reporter Ed Ludlow said, in a financing that could include $10 billion in loans and $30 billion in investment-grade credit. Ludlow said the proposal highlights questions about how investors will finance the AI buildout, including how debt fits the useful economic life of GPUs and whether companies may borrow heavily after going public.
SpaceX’s IPO Shows Public Markets Can Absorb Megadeals
Bank of America’s JD Moriarty argues that public markets can absorb large technology IPOs from companies such as OpenAI and Anthropic, pointing to investor demand for SpaceX as evidence. He says abundant private capital and investors’ familiarity with these companies have changed the traditional IPO playbook, but cautions that their scale makes them poor proxies for the wider market, where activity remains concentrated in a few large deals.
Apple’s Smart Home Reset Adds LG-Made Locks, Doorbells, and Thermostats
Bloomberg’s Mark Gurman says Apple is planning a smart-home push that pairs a new hub and Apple-made devices with accessories developed with LG Electronics, including a doorbell, lock and thermostat. He describes the LG partnership as unusual because LG has not made smart-home products before, and says the accessories would give households familiar starting points for building an Apple-connected home.
John Ternus Takes a Hands-On Role in Apple’s Design Studio
Apple CEO John Ternus is taking a more hands-on role in design, working directly with the teams responsible for industrial and interface design, Bloomberg’s Mark Gurman says. In Bloomberg Tech, Gurman argues that the shift marks a change from Tim Cook’s more limited involvement, as Ternus brings his engineering experience to the CEO’s office. The effects may take years to appear in products, given the length of Apple’s development cycles.
Divergent Says Digital Manufacturing Can Put Defense Hardware in Flight in Under Three Months
Divergent CEO Lukas Czinger argues that the Pentagon needs manufacturing systems that can adapt designs quickly and produce them at scale, not just more factories. The company works beneath defense contractors such as Lockheed Martin, using digitally driven processes including metal 3D printing; Czinger says it can move from engineering inputs to flight-ready hardware in under three months. He presents Divergent’s role as supplying production capacity, while contractors retain their programs and intellectual property.
Fortem Raises $50 Million to Double Manufacturing and Bookings
Fortem Technologies has raised $50 million in a Series B round that includes Lockheed Martin, as the counter-drone company plans to double manufacturing and bookings this year. CEO Jon Gruen said the partnership has moved beyond venture investment to finding projects where Fortem’s technology can be deployed. He also argued that lessons from operating in active conflict zones are shaping products designed to keep pace with evolving drone threats.
Lockheed Says One F-35 Could Control Eight Autonomous Vectis Aircraft
Lockheed Martin is investing in its autonomous Vectis aircraft before the Pentagon sets formal requirements, Aeronautics President OJ Sanchez says, betting that future air power will pair crewed fighters with drones rather than replace them. He says Lockheed has demonstrated that one F-35 could control as many as eight Vectis aircraft, extending the fighter’s reach and ability to act across missions.
Hybrid Filmmaking Brings AI-Assisted Production Back to Los Angeles
Luma AI COO Caroline Ingeborn argues that generative AI could help bring more film and television production to Los Angeles by lowering costs without replacing creative professionals. She points to “hybrid filmmaking,” in which actors and crews work onstage while AI places performances in different environments, as a way to make ambitious projects more feasible to produce locally.
SpaceX Crew-13 Begins ISS Handover as Dragon’s Future Remains Unclear
SpaceX launched four astronauts to the International Space Station on Crew-13, a scheduled rotation that will include a handover with the departing crew. Bloomberg space correspondent Loren Grush said four more crew-rotation missions are planned after this one, but the longer-term role of Crew Dragon in NASA’s program is uncertain; speculation that SpaceX may retire the capsule after the ISS program ends is not a confirmed plan.
Suno Sees AI Turning Music Listeners Into Creative Participants
Suno chief executive Mikey Shulman argues that AI could make music less passive by letting listeners remix, cover and collaborate with their favorite artists. In a Bloomberg Tech interview, he says those experiences could draw people into making music and expand the business, while partnerships with rights holders could support products built around licensed music, voices or likenesses. These are possibilities he describes, not products he says are already available.
Saronic Bets $3 Billion on a New Shipyard to Scale Autonomous Shipbuilding
Saronic CEO and co-founder Dino Mavrookas argues that the United States needs to expand shipbuilding capacity quickly as China invests in the industry. The company is committing more than $3 billion to Port Alpha, a new Brownsville, Texas, shipyard it expects to open by the end of 2027, with its first ships due a year later. Mavrookas says building capacity ahead of demand is essential to scaling production of autonomous vessels.
OpenAI Aims to Improve AI Quality While Driving Prices Down
OpenAI CEO Sam Altman says the company aims to improve AI while continuing to lower its price, arguing that cheaper tools can support broader use even as customers become more willing to spend. In an interview with Bloomberg’s Ed Ludlow about the launch of Dots, a new AI agent, Altman said it costs more than other products because it offers greater capability and uses more compute.
OpenAI Holds Astra 6.1 Over Scope and Authorization Failures
OpenAI is holding back Astra 6.1 because, as Ed Ludlow summarized the company’s concern, the model was not reliably staying within the scope of its authorization. Bloomberg’s Natasha Mascarenhas described the delay as a concrete example of OpenAI’s approach to pacing, alongside a separate pause in model training and plans to give senior leaders veto power over some activities. She also connected the hold to the reliability OpenAI needs to offer enterprise customers.
Apple Plans Faster Product Cycles and Cuts to Middle Management
Bloomberg’s Ed Ludlow, citing reporter Mark Gurman’s reporting and sources, says Apple CEO John Ternus is seeking to move the company toward more frequent product releases, rather than relying mainly on spring and fall launch periods. The reported overhaul also includes cutting some middle-management jobs and placing greater emphasis on engineering, though the report gives no timetable or details on the staffing reductions.
Trump and Anthropic’s Amodei Meet Amid Debate Over AI Development Speed
Bloomberg correspondent Mike Shepard reports that President Donald Trump and Anthropic CEO Dario Amodei met for dinner as they take opposing positions on AI development. Amodei has called for slowing the most advanced models and strengthening safeguards; Trump has resisted added restrictions, arguing that the US must move quickly to compete with China. The meeting was confirmed, but neither side had said what they discussed.
Starship Reaches Orbit, Giving Engineers Months of Flight Data to Analyze
Former SpaceX Starship software manager Scott Morton calls the rocket’s first trip to orbit a “monumental step forward,” despite an engine failure during ascent. In an interview with Bloomberg’s Ed Ludlow, Morton argues that the flight’s data may prove as valuable as the milestone itself: engineers will spend weeks or months examining how the vehicle and its software performed. He says Starship’s goal of carrying people to Mars was part of the program’s vision from the beginning.
Starship Reaches Orbit, Deploys 26 Satellites Before Engine Failure Cuts Flight Short
SpaceX’s Starship reached orbit for the first time and deployed 26 satellites, but an engine failure cut the mission short. Bloomberg reports that the spacecraft splashed down in the Pacific near Hawaii about three hours into the flight. The orbital milestone and satellite deployment were achieved before the early end; the available account does not specify which engine failed or what further objectives remained.
Apple Explores a Screenless Band for Sleep and Fitness Tracking
Apple is investigating a screenless fitness band that would focus on health and workout tracking, Bloomberg’s Mark Gurman reports. He says it could be easier to wear overnight and last longer between charges than an Apple Watch, putting it in competition with devices such as Whoop and Oura. The project remains exploratory, with no dedicated development track toward release, Gurman says.
Physical AI Could Multiply Global GDP, but Depends on Rebuilding Manufacturing
Morgan Stanley analyst Adam Jonas argues that combining AI with machines operating in the physical world could multiply global GDP by eight to ten times, but says that prospect depends on rebuilding manufacturing capacity. He sees China’s strength across key supply chains as a constraint on US efforts to onshore production, and expects physical AI to develop through networks of connected machines rather than humanoid robots alone.
AI Agents Are Creating a New Market for Enterprise Security
As AI systems move from generating responses to taking actions across company networks, Rosenblatt Securities analyst Catharine Trebnick says enterprises need new ways to track agents, their permissions and their activity. She argues that this is creating a cybersecurity opportunity for established providers such as CrowdStrike and Palo Alto Networks—and that more capable frontier models are more likely to add value to those platforms than displace them.
Claude Opus 5.5 Cuts Listed Token Prices 40%
Anthropic is releasing Claude Opus 5.5 at lower token prices than its predecessor, as companies contend with the cost of expanding AI use. Bloomberg reporter Rachel Metz said the 40% price reduction does not guarantee a corresponding drop in customer bills, which depend on the volume and type of work run through the model. She also linked the release to Anthropic’s expected IPO and its chief executive’s call to pace frontier-model releases, noting that Opus 5.5 is not being presented as the company’s most capable public model.
World Models Could Ease Robotics’ Training-Environment Bottleneck
World Labs CEO Fei-Fei Li argues that spatial intelligence—models that generate controllable, geometrically structured 3D environments—could extend AI beyond language and provide needed training and evaluation settings for robotics. She says the company’s Atlas model is designed to reconstruct and generate navigable worlds from images, while maintaining camera control and visual consistency. Li also argues that safety evaluation cannot rest with AI companies alone, calling for independent benchmarks and participation from academia, government, industry and civil society.