Robert Peston

Bloomberg Tech is live from coast to coast with Caroline Hyde in New York and Ed Ludlow in San Francisco.

This is Bloomberg Tech.

Coming up, Microsoft and Nvidia commit to invest up to $15 billion combined in AI startup Anthropic.

This is Saudi Arabia's crown prince is set to discuss tech investments and AI innovation with President Trump today.

And gaming giant Roblox takes steps to expand age verification across its platform.

We'll discuss with the CEO.

But first, we check in on these markets once again under pressure.

The Nasdaq off by 1.7%.

Now, we have raised $1.8 trillion from this benchmark since the end of October, in large part because some of the key AI players have been on the downside.

Bitcoin, though, recovers ever so slightly up.

Percentage point, we're at 92,846.

Move on to individual movers because it's all around some of our top story today.

Cloudflare, we want to check in and we're down 3%.

That's after it's been fixed.

But we were struggling to get on to NJ Transit.

You were struggling to get on to OpenAI's ChatGPT.

You were struggling to get on to many a website because of Cloudflare more broadly.

And that's as we saw an outage that now they say has been fixed.

We're still off by 3%.

Let's talk about, though, the top story that we just mentioned, Microsoft and NVIDIA, both committing to invest up to a combined $15 billion in Anthropic in a move that ties the AI developer closer to two of the biggest backers of its rival.