Caroline Hyde
👤 SpeakerAppearances Over Time
Podcast Appearances
CEO Dave Limp spoke with Bloomberg's Anne-Marie Hordern about the move while at the Defense Tech Summit.
Blue Origin CEO Dave Limp speaking with Bloomberg's Anne-Marie Horder.
In other news, it's time for Talking Tech.
And first up, Warren Buffett's Berkshire Hathaway cut its Amazon stake by 75% in the fourth quarter, reducing it to about 2.3 million shares, according to a regulatory filing.
At the same time, it built a new position in the New York Times with 5.1 million shares and continued trimming, according to the 13F document, its other holdings in Bank of America and Apple.
plus Uber and plans to invest more than $100 million to expand fast charging infrastructure for autonomous EVs in the US.
The company will build high capacity charging hubs in San Francisco, Los Angeles and Dallas, the same markets where it's preparing to roll out a public robo taxi service.
and Apple is breaking away from its tech peers.
Bloomberg data show the iPhone maker's 40-day correlation with the NASDAQ 100 has dropped to its lowest level since 2006, as it largely sits out the AI arms race.
With rivals pouring money into AI-related CapEx, some investors are starting to see Apple as an appealing alternative.
Let's power on and stay with Apple.
The company's fast-tracking work on three new wearables as it races to compete with AI-powered hardware.
Sources say the tech giant is developing smart glasses, a pendant, and AirPods with expanded AI capabilities.
Bloomberg Consumer Tech and Apple managing editor Mark Gurman broke the story and is with us.
Okay, three distinct products, three distinct categories.
Let's go through what you've learned from sources.
You know, Apple, they are sitting out the AI race in a way, but they're going to enter in an Apple way.
And that means hardware blended with AI, blended with software, blended with services.
And they're going to get there if they're able to pull off this new Siri, which I believe they will before the end of the year.
And so three hardware products.