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Spencer Soper

👤 Speaker
52 total appearances

Appearances Over Time

Podcast Appearances

Bloomberg Tech
Theil’s Hedge Funds Sells Entire Nvidia Stake

And yes, but you're just going to see them constantly recalibrating.

Bloomberg Tech
Theil’s Hedge Funds Sells Entire Nvidia Stake

It's such a vast business and they have so many, you know, operating lines and some are getting more efficient because of AI and they're letting people go.

Bloomberg Tech
Theil’s Hedge Funds Sells Entire Nvidia Stake

But then they're going to keep investing and hiring in the artificial intelligence race to make sure that they're keeping up with their peers.

Bloomberg Tech
Theil’s Hedge Funds Sells Entire Nvidia Stake

Yeah, that's a very interesting report.

Bloomberg Tech
Theil’s Hedge Funds Sells Entire Nvidia Stake

And it also just highlights how even Bezos has to diversify in the AI race, you know, because when these kind of technologies emerge, there's always a question of, you know, you have these big established companies that can throw a lot of money at it, but they also have all of these encumbrances in terms of their existing operations.

Bloomberg Tech
Theil’s Hedge Funds Sells Entire Nvidia Stake

And is it better to have a pure play startup looking at artificial intelligence exclusively to plow ahead?

Bloomberg Tech
Theil’s Hedge Funds Sells Entire Nvidia Stake

And so it is interesting to see him going solo with a new artificial intelligence startup.

Bloomberg News Now
Trump Slaps Fresh Tariffs, Comey Responds to Indictment, More

People will be refunded automatically if it was found they were affected by this case.

Bloomberg News Now
Trump Slaps Fresh Tariffs, Comey Responds to Indictment, More

And you're looking at about 50 bucks per affected consumer.

Bloomberg News Now
Trump Slaps Fresh Tariffs, Comey Responds to Indictment, More

So it's no huge windfall for consumers.

Bloomberg News Now
Trump Slaps Fresh Tariffs, Comey Responds to Indictment, More

And even for Amazon, $2.5 billion is probably like a parking ticket for you and me.

Bloomberg News Now
Trump Slaps Fresh Tariffs, Comey Responds to Indictment, More

But it puts this thing to bed and prevents Amazon from going to a trial, which probably would have been pretty embarrassing.

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