Caroline Hyde

You know, XAI has brought on Anthony Armstrong, a former investment banker and who worked in the government.

You know, SpaceX has leadership in our reporting, you know, doesn't have the answers.

But there's certainly a few people in Elon Musk's sphere that could, you know, potentially run this.

Apparently, all his executives do everything at all the companies.

So maybe it's just everyone.

Certainly there's cross-pollination already.

Leanna Baker is a great scoop that came out earlier today.

We so appreciate it.

Meanwhile, coming up, Oracle, it's racing to build out its AR infrastructure with plans to raise up to $50 billion.

On that next, this is Bloomberg Tech.

Welcome back to Bloomberg Tech.

We check in on these markets.

A bit of a reprieve if you're in stocks and the dollar today.

Not so much if you're in gold and silver.

We're up nine tenths percent on the Nasdaq 100 as we get a bit of a bounce back after a couple of days selling on big tech stocks.

We're looking at Bitcoin at 79,000.

Look, it's up on the day, but boy, was it sold off hard throughout the weekend.

Once again, we're questioning people's desire for risk assets more broadly at these sorts of valuations.

Digital gold has not been particularly loved.

Meanwhile, gold got absolutely hammered.