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.
Meta’s Planned Capital Raise Looms Over AI Spending and Shares
Meta’s new nonvoting share class could give Mark Zuckerberg liquidity to cover a tax bill if California’s proposed wealth tax passes, while preserving his control, Ed Ludlow said. Alison Porter, a portfolio manager at Janus Henderson, said investors had anticipated a capital raise to support Meta’s growth spending and that uncertainty over its timing will weigh on the stock; without a third-party cloud business, she added, investors have less visibility into what the company’s AI spending will yield.
Tesla–SpaceX Deal Faces a 50% Shareholder Approval Threshold
New Street Research managing director Pierre Ferragu called a SpaceX–Tesla combination “extremely tangible,” citing Elon Musk’s endorsement and special committees at both companies reviewing the proposal. But he said winning approval at Tesla would require support from 50% of all shareholders, not just half of those who vote. Investors would also have to weigh Musk’s likely control of a combined company and assess SpaceX, a business many Tesla shareholders may know less well.
SpaceX and Tesla Committees Explore a Merger, With No Terms Agreed
SpaceX and Tesla have formed special committees to examine a possible merger, but have not agreed on terms, Bloomberg’s Ed Ludlow reported. Elon Musk’s stated rationale centers on joint work on superintelligence software; Ludlow also pointed to existing overlap in engineering and shared technologies. The committees are still exploring what a combination might look like.
Netflix’s Ad Tier Adds a Flexible Lever as Revenue Growth Slows
Netflix’s slowing revenue growth and difficulty sustaining audience engagement leave it looking for ways to broaden its offer, Phillips Securities analyst Helena Wang argues. Advertising can give the company flexibility to tailor subscriptions to different markets, while sports and other partnerships can expand its content mix; the test, she says, is whether those additions keep viewers coming back between major hits.
A SpaceX–Tesla Tie-Up Would Unite Production From Chips to AI
Chad Anderson, an early SpaceX investor and CEO of Space Capital, says a potential merger with Tesla would bring together companies already converging operationally, creating a vertically integrated business that could span chip fabrication through AI services. He compares SpaceX’s role in building infrastructure for intelligence with the industrial giants of the early 20th century, but says the growth case depends on Starship becoming reusable: more launch capacity is needed to expand connectivity and AI computing in orbit.
Netflix Forecasts a Fourth Straight Quarter of Slowing Sales Growth
Netflix’s fourth-quarter revenue forecast fell short of analysts’ estimates and pointed to a fourth consecutive quarter of slowing sales growth. Bloomberg’s Ed Ludlow said the forecast offered investors little sign of a stronger finish to the year; earnings per share was the only measure to beat estimates, and then by just a few cents. Netflix said its advertising business was on pace to bring in $300 million less than expected, one factor in the revenue shortfall.
Tesla’s Flying Roadster Prototype Won’t Reach Production Until 2028
Tesla’s Roadster prototype jumped and flipped using cold-gas thrusters developed with SpaceX engineers, but production remains years away, with a launch not expected until 2028. On Bloomberg Tech, Ed Ludlow described the demonstration and said Elon Musk brought audience members forward to show it was real, not AI-generated; Bloomberg columnist Max Chafkin argued the spectacle was also a pitch for Tesla stock and, potentially, a merger with SpaceX.
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.
Data-Center Builders Borrowing at 9% Risk Destroying Value
DA Davidson technology research chief Gil Luria argues that AI demand and the risks of financing its infrastructure should be judged separately. He sees chip demand and Nvidia’s ecosystem supporting growth through 2030, but warns that data-center builders borrowing at high rates may destroy value even as demand rises.
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.
Nvidia Would Stop Chip Sales If It Knew AI Was Harming People
Nvidia Chief Executive Jensen Huang said he would stop selling chips to a customer if he knew its AI application was harming people, while cautioning that Nvidia has limited authority over how customers use its general-purpose technology. In an interview with Bloomberg’s Emily Chang, he argued that safety should be built alongside more capable AI systems through containment and monitoring, not treated as a reason to halt development.
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.
Saylor Sees Bitcoin’s Bull Market Beginning as Regulation and Bank Adoption Accelerate
Strategy Executive Chairman Michael Saylor says Bitcoin is at the beginning of a bull market, pointing to its rise above the 200-week moving average and what he sees as a shift from policy headwinds to favorable conditions. He cites a more supportive regulatory environment and accelerating bank adoption, alongside the growth of tokenized securities and digital credit networks.