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Caroline Hyde

πŸ‘€ Speaker
7301 total appearances

Appearances Over Time

Podcast Appearances

Bloomberg Tech
Amazon Debuts New AI Chips and Models at AWS

And this comes after a Truth Social post.

Bloomberg Tech
Amazon Debuts New AI Chips and Models at AWS

And, of course, that contributes to the net worth of the Dell family on the back of that.

Bloomberg Tech
Amazon Debuts New AI Chips and Models at AWS

Bloomberg's Tom Maloney.

Bloomberg Tech
Amazon Debuts New AI Chips and Models at AWS

It's been fascinating talking to you.

Bloomberg Tech
Amazon Debuts New AI Chips and Models at AWS

Thank you very much indeed.

Bloomberg Tech
Amazon Debuts New AI Chips and Models at AWS

Let's turn now to Warner Brothers Discovery.

Bloomberg Tech
Amazon Debuts New AI Chips and Models at AWS

The company has received a new round of bids, with one from Netflix consisting of a mostly cash offer, according to sources.

Bloomberg Tech
Amazon Debuts New AI Chips and Models at AWS

For more, Bloomberg's Michelle Davis, who covers M&A in media, joins us now.

Bloomberg Tech
Amazon Debuts New AI Chips and Models at AWS

So can we break down how these are starting to look?

Bloomberg Tech
Amazon Debuts New AI Chips and Models at AWS

Because they're meant to be sweetened.

Bloomberg Tech
Amazon Debuts New AI Chips and Models at AWS

They've been sweetened, yes.

Bloomberg Tech
Amazon Debuts New AI Chips and Models at AWS

So the bidding is heating up.

Bloomberg Tech
Amazon Debuts New AI Chips and Models at AWS

Yesterday, Warner Brothers had asked for sweetened offers from all of the companies, so we know they received offers from Netflix, mostly cash.

Bloomberg Tech
Amazon Debuts New AI Chips and Models at AWS

That was a big surprise because people were expecting it to be stock.

Bloomberg Tech
Amazon Debuts New AI Chips and Models at AWS

You know, Netflix's stock has been doing pretty well.

Bloomberg Tech
Amazon Debuts New AI Chips and Models at AWS

They have great currency, but they're also an investment-grade company, so they can't afford to raise a lot of money.

Bloomberg Tech
Amazon Debuts New AI Chips and Models at AWS

We hear they're in the market talking to banks about tens of billions of dollars for a bridge loan.

Bloomberg Tech
Amazon Debuts New AI Chips and Models at AWS

So there's Netflix, there's Comcast, which has also bid.

Bloomberg Tech
Amazon Debuts New AI Chips and Models at AWS

It only wants the streaming and the studios of Warner Brothers, similar to Netflix.

Bloomberg Tech
Amazon Debuts New AI Chips and Models at AWS

We're still trying to glean the details of that offer, but we have heard that it likely includes a little more stock than the cash offered by Netflix.