Caroline Hyde

Look, anxiety ahead of those non-farm payrolls data that we get tomorrow.

No one taking on any more risk after what has been a really rather nice run-up in tech stocks over the last three trading days.

So today, maybe we sell the news.

Today, we're off by some six-tenths of a percent, but all eyes really on one key player.

Your chart is showing that actually we'd be kind of lower, wiggling around throughout the early session.

NVIDIA has taken a significant leg lower this Thursday.

It's now off 2%.

The reporting is crystal clear from Bloomberg.

According to sources, China's government will approve some Chinese tech companies taking H200s.

The sources are giving details on which companies, but the crystal clear line is, has to be commercial use, cannot be military, cannot be some government, cannot be state-backed enterprise.

Let's get out to Washington, D.C., and Bloomberg Senior Tech Editor Mike Shepard.

There's a lot of specifics in this reporting.

Give us those specifics, what we know about the companies involved, and also the volumes, because that's going to matter to the stock.

Mike Shepard, as always, thank you so much from Washington.

We're going to stick with the theme of AI.

Of course we are.

But this time we're going to look at it from a valuation perspective, Ed.

Because Anthropic, the latest news that it's out looking and raising some $10 billion, it's before that raise, valued therefore at $350 billion.

We know OpenAI is out there also raising funds, could be as whopping as $750 billion.

All of this as we are potentially these companies coming to the public markets as well.