Bloomberg Technology
Bloomberg Technology is a Bloomberg TV source covering technology news and analysis, with interviews and profiles focused on innovators, industry leaders, and global tech trends.
Etched Raises $800 Million to Challenge Nvidia in AI Inference
Etched chief executive Gavin Uberti told Bloomberg Technology the startup is positioning itself against Nvidia by treating AI inference as a rack-scale systems problem rather than a chip-only contest. The company, which has raised $800 million at a $5 billion post-money valuation from investors including Jane Street and TSMC-linked VentureTech Alliance, argues its low-voltage inference design and cluster-scale memory can lower cost per token as models get larger. Uberti said production scale is now the central test, though Etched did not disclose named customers, revenue, or comparative benchmark figures.
Mirae Fails to Convert $1 Billion SpaceX Demand Into IPO Orders
Bloomberg’s Bailey Lipschultz reports that Korean brokerage Mirae gathered more than $1 billion of client interest in SpaceX shares but failed to convert that demand into formal orders with the IPO underwriters, leaving its customers with no allocation. The mistake, as described on Bloomberg Tech, was procedural rather than a sign of weak demand: indications of interest were relayed, but an order book was not submitted. South Korean regulators are now examining what the episode means for Mirae and the retail distribution process.
Frontier AI Scrutiny Risks Spilling Over Onto Open Source
Hugging Face chief executive Clem Delangue told Bloomberg Technology that government scrutiny of Anthropic’s Mythos model reflects a dynamic frontier AI labs helped create by marketing their systems as exceptionally powerful and risky. Delangue argued that a “too dangerous” label can aid enterprise sales for large closed-model companies, while regulation aimed at those firms could damage startups, researchers and open-source developers that lack the same resources and provide more transparency.
Rocket Lab’s $8 Billion Iridium Deal Adds Spectrum and Services
Rocket Lab chief executive Peter Beck told Bloomberg that the company’s planned $8bn acquisition of Iridium is meant to add the missing application layer to its launch and spacecraft manufacturing businesses. Beck argued that Iridium’s L-band spectrum, global network and profitable safety-critical communications business give Rocket Lab a faster and lower-risk path into space-based services than building a constellation from scratch, while vertical integration could change the economics of future satellite communications plans.
Round-the-Clock AI Tools Are Keeping Tech Workers on Standby
Bloomberg’s Natasha Mascarenhas argues that AI has not eased the work burden for many Silicon Valley employees so much as changed its form. In her reporting, engineers and founders describe a culture in which AI agents run around the clock, workers feel obliged to monitor them, and competitive revenue targets turn productivity gains into longer hours, higher anxiety and less room to step away.
Figma Bets AI Will Move Software Value From Code to Design
Figma co-founder and CEO Dylan Field told Bloomberg Technology that the company’s Config overhaul is meant to turn Figma’s canvas from a place for design artifacts into a broader production environment for software, motion, AI workflows and brand systems. Field’s argument is that AI will make code easier to generate, shifting value toward design judgment and human point of view rather than making designers less important.
Anthropic Poaches Two Senior Google Researchers Tied to Gemini
Bloomberg’s Julia Love reports that senior Google AI researchers Jonas Adler and Alexander Pritzel are planning to leave for Anthropic, adding to a short but notable list of departures from Google’s frontier AI ranks. Love argues the risk is not a broad staffing exodus but the loss of scarce researchers who can materially affect model progress, including contributors to Gemini. The segment also points to contested compute allocation inside Google as part of the pressure around its AI organization.
Apple Raises Mac and iPad Prices as Memory Costs Climb
Bloomberg’s Mark Gurman says Apple’s latest price increases are an unusually broad response to higher memory and storage costs tied to AI data-center demand. The increases hit Macs, iPads, home devices and Vision Pro, with the sharpest demand risk in categories where buyers have cheaper alternatives, especially iPads, Apple TV and HomePod. Gurman also reads Apple’s wording as leaving room for another round, potentially including the iPhone and Apple Watch when new models arrive in September.
Cerebras Says Data-Center Capacity Is Its Main AI Growth Constraint
Cerebras chief executive Andrew Feldman told Bloomberg that investors are misreading the company’s post-earnings margin pressure, arguing it reflects a deliberate move to rent back sold equipment to meet demand rather than a weakening business. His broader case is that Cerebras is ahead of plan, avoids several AI chip supply bottlenecks through its architecture, and now faces a different constraint: the speed at which usable data-center capacity can be built.
Starship Reusability Is the Bottleneck for Space-Based AI Compute
Andreessen Horowitz general partner David George argues that SpaceX’s path to AI computing in orbit depends less on proving new physics than on executing rapid Starship reusability. In a Bloomberg Technology interview with Ed Ludlow, George said lower-cost, repeatable transport to orbit could make space-based GPU capacity an incremental answer to tightening constraints on terrestrial AI data centers, while framing Elon Musk’s role as central to a16z’s long-term investment case.
Meta Moves Smart Glasses Down-Market With First Own-Brand Models
Bloomberg’s Mark Gurman says Meta’s first smart glasses under its own brand mark a shift from the company’s reliance on Ray-Ban and Oakley partnerships toward more control over design, branding and price. The new $300 glasses, still made by EssilorLuxottica, have the same capabilities as Meta’s existing models but create a cheaper entry tier; Gurman also says Meta is seriously considering camera-free versions that could be lighter, less expensive and less exposed to privacy concerns.
Baseten Raises $1.5 Billion as Inference Demand Shifts Toward Open Source
Baseten’s $1.5 billion financing at a $13 billion valuation rests on a bet that AI inference is becoming a larger and more operationally demanding market as companies run more open-source and post-trained models. CEO Tuhin Srivastava says the capital will help Baseten secure diversified compute and build the infrastructure layer customers need, while Altimeter partner Apoorv Agrawal argues the shift is toward capability, control, and cost advantages rather than simple access to frontier models.
John Ternus’s First Apple Test Is Restoring Design’s Authority
Bloomberg’s Mark Gurman argues that John Ternus, framed in the segment as Apple’s incoming CEO, should make restoring industrial design’s authority his first priority. Gurman says Apple’s design studio has shifted from the product-defining center associated with the Steve Jobs and Jony Ive eras into a service function for operations and engineering, and that a real reset would have to show up in products such as a foldable iPhone, AirPods, and Apple Watch.
Air Force Autonomous Fighter Award Moves Anduril From Prototype to Production
Anduril CEO Brian Schimpf told Bloomberg Technology that the company’s new US Air Force production contract is a test of whether it can turn an autonomous fighter prototype into a manufactured operational aircraft at scale. He argued that the same constraint now runs across defense: weapons, aircraft, space systems, and allied stockpiles are less limited by technical ambition than by whether the US and its partners can produce enough capability quickly enough for modern conflict.
Camera AirPods Would Give Siri Visual Context in Apple’s 2027 Push
Bloomberg’s Mark Gurman says Apple is preparing a dense 2026 and 2027 hardware cycle that includes its first foldable iPhone, a second-generation foldable, a 20th-anniversary iPhone and camera-equipped AirPods. Gurman argues the AirPods cameras are meant not for photography or facial recognition but to give Siri visual context about a user’s surroundings, while Snap’s new Specs show the same broader push toward ambient, augmented computing despite high prices and limited near-term adoption.
Power and Heat Are the Hard Limits for Orbital AI Data Centers
Makenzie Lystrup, a principal consultant at Peridot Services and former director of NASA’s Goddard Space Flight Center, argues that orbital data centers should not be treated as one idea. In a Bloomberg Technology interview, she says near-term edge computing in orbit is plausible, while hyperscale AI infrastructure of the kind associated with SpaceX faces much harder constraints: power systems, heat rejection, radiation-tolerant hardware, networking, reliability and maintenance. Her central point is that the challenge is not merely launching servers into space, but operating them as space-qualified infrastructure.
SpaceX’s Underappreciated Compute Business Anchors a Five-Layer Growth Thesis
Shaun Maguire, a Sequoia Capital partner and SpaceX investor, told Bloomberg that he plans to hold his personal SpaceX shares “forever” because he sees the company’s launch capability, hardware culture and compute ambitions as a compounding advantage most investors are underestimating. He argued that SpaceX should be understood as five businesses — launch, connectivity, compute, models and other long-dated bets — with Starship as the core moat and terrestrial and orbital AI compute as the expansion layer that could reshape how the company is valued.
Enterprise AI Is Blocked by Context, Not Model Intelligence
Databricks chief executive Ali Ghodsi argues that enterprise AI is constrained less by model intelligence than by access to company context: data, documents, processes and relationships that agents need to operate inside businesses. In a Bloomberg Tech interview with Ed Ludlow, Ghodsi said Databricks is building products such as Genie Ontology and Lakehouse to make that context usable, while adoption in critical workflows remains slowed by security, legal and approval processes. He also declined to confirm reports of a new funding round and said Databricks is not rushing toward an IPO.
Apple’s Revamped Siri May Be Good Enough to Ease Its AI Crisis
Bloomberg’s Mark Gurman argues that Apple’s revamped Siri is not a leap ahead of ChatGPT, Gemini or Claude, but may be good enough to stabilize Apple’s position in AI. Speaking with Ed Ludlow, Gurman said the new Siri finally delivers on much of the assistant promise Apple made years ago, while still falling short on advanced tasks such as deep research, long-document summaries and creating spreadsheets or slide decks. His case is that Apple can ease its AI crisis if Siri now handles the everyday questions and device-assistant tasks most of its 2bn-plus users actually need.
SpaceX Holds the Cost Advantage in Orbital Data Centers
Former Meta CTO Mike Schroepfer told Bloomberg Technology that orbital data centers are plausible but likely economic only for SpaceX, whose vertical integration and launch costs give it a hardware advantage others cannot match. Schroepfer, now a founding partner at Gigascale Capital, argued that ocean-based data centers currently have stronger cost logic because mass can be deployed there about 100 times more cheaply than in orbit, while land-based solar and batteries remain a faster near-term route to new compute capacity.
Musk Frames SpaceX IPO as Proof of a Once-Unlikely Space Bet
At SpaceX’s Nasdaq opening bell ceremony, Elon Musk framed the company’s IPO less as an inevitable Wall Street milestone than as the outcome of a venture he once thought had less than a 10 per cent chance of survival. Musk argued that SpaceX was founded because incumbent aerospace companies were not pursuing the technologies needed to make humanity multiplanetary, and said the company’s purpose is to make travel to the Moon, Mars and beyond possible for more than a small group of astronauts.
UK Could Soon Produce Its First £100 Billion Tech Company
James Wise, general partner at Balderton Capital and chair of the UK Government’s Sovereign AI fund, argues that Britain’s technology market is closer to producing a £100 billion company than its reputation suggests. Speaking to Bloomberg’s Tom Mackenzie at London Tech Week, Wise said UK funding is now robust at later stages, but that policymakers must help companies scale globally by using government procurement, data, expertise and state infrastructure, not just public capital.
London AI Founders Are Building Global Companies From Britain
ElevenLabs chief executive Mati Staniszewski told Bloomberg that London’s AI ecosystem has moved beyond a talent story and is becoming a credible base for building global companies. Speaking at London Tech Week, he argued that returning talent, greater founder risk appetite and more willingness from UK and European customers to buy from young AI companies are reinforcing that shift. ElevenLabs, the UK-founded voice AI startup valued at about $11 billion, is presented as both evidence and beneficiary of the change.
SpaceX Opens 11% Above IPO Price in Nasdaq Debut
Bloomberg Technology’s Caroline Hyde, Ed Ludlow and Yahaira Anand reported that SpaceX opened for trading on Nasdaq at $150 a share, 11% above its $135 IPO price, giving IPO buyers an immediate paper gain. Ludlow said the opening price put the company’s market value near $2 trillion, while the reporters cautioned that the first print was only an initial verdict and that the key question was whether the early gains would hold through the session.