Caroline Hyde
👤 SpeakerAppearances Over Time
Podcast Appearances
I mean, that really just speaks to the bravado here.
In terms of timing, is there anything pressuring?
Is there any date, any number, any timeframe that we look to for the next?
We appreciate you on the story.
Meanwhile, coming up, we're going to talk about how the storied VC firm, Andreessen Horowitz, is helping drive the Trump administration's AI approach.
That's next.
This is Bloomberg Tech.
It's time now for Talking Tech, and first up, Stripe.
It's arranging a tender offer that would value the company at $140 billion.
Now, according to sources, that marks a roughly $30 billion increase from the most recent valuation last year.
The move is being seen as a sign that the mighty fintech may continue to delay its initial public offering.
Plus, Cadence Design Systems is introducing a new AI tool designed to speed up semiconductor development.
Now, the company's new chip stack AI super agent, well, it will act as its assistant to engineers helping with design, debugging, blueprint generation.
Look, the move comes as the tech industry really grapples with a surge in chip demand and ongoing labor shortages.
And Alibaba, well, it's pushing further into robotics.
The company has debuted a new AI model called RinBrain, designed to give robots a more advanced understanding of their surroundings.
With the release, Alibaba takes on AI leaders such as Google and NVIDIA.
Ed, what have you got?
It has scale.
It has money to put into super PACs.