Ed Ludlow

There were headlines overnight, perplexities just hit 500 million ARR, but look at the coverage that they get.

What's your core competence?

What is it that you and the team are really good at?

Ross, I've always found the XYZ model really interesting.

I may be oversimplifying, but you write checks to companies that are going after the public sector in many ways.

It's different to going after some startups that may never need to have revenue and we can get into that at a later date.

But why does that present a real return opportunity as an investor to go after a startup whose dollars come from one arm of government or another?

Kobi, you're making it easier for people to try and navigate a very complex system.

But the narrative we hear time and time again on this show at the moment is abundance of AI being able to bring healthcare to all and being, you know, what is your vision for what healthcare in the U.S.

looks like in five to ten years' time?

Kobi Blumenfeld-Gantz, CEO of Chapter, great to have you with us.

And Ross Fibini, managing partner at XYZ and long-term investor.

Thank you.

Coming up, OpenAI is pausing Stargate project in the UK as it reigns in some of its ambitious spending.

We'll have the details next.

This is Bloomberg Tech.

Time now for Talking Tech, and first up, Samsung is planning a $4 billion outlay to build a chip packaging plant in Vietnam, continuing to expand its country's largest foreign investor.

Now, the investment will be implemented in several phases, with the first consisting of a $2 billion outlay, according to sources, and the company has invested, in fact, more than $23 billion in Vietnam, creating 90,000 jobs.

Plus, Amazon CEO Andy Jassy is doubling down on custom silicon, revealing that AWS's chip business now has a revenue run rate exceeding $20 billion, growing triple-digit percentages year on year.

In Amazon's annual shareholder letter, Jassy noted that the division sold its chips externally, like NVIDIA or AMD, and that figure, if it happened, would likely hit $50 billion.