Tom McKenzie

speaker
198 appearances 10 recordings 3 series first heard Oct 2025 last heard 3 Sep

Tom McKenzie’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 10 in all, peaking in Jun 2026 with 4.

Appearances

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But even amongst the big publicly listed companies with those strong balance sheets, you have seen examples of them tapping the public markets and raising debt on the public markets.
And so far, that's been well received by the markets.
But how long?
Is that going to continue?
And to what extent is the leverage that now these companies are starting to tap into going to be acceptable to investors?
And again, I think you have to put a different framework over the different companies in terms of how you answer that question.
Then there's the circularity of the financing.
So OpenAI, for example, doing deals with NVIDIA.
And NVIDIA investing in OpenAI and in response to that, OpenAI committing to buying a certain number of chips from NVIDIA.
Those circular financing deals, as they've been described by some, have also caused some concern as all of these companies become increasingly enmeshed and intertwined in terms of their deals and their investments on what is a bet on the future and how the future evolves.
We can cross over now to Turin where, of course, our Tom McKenzie speaking to David Solomon, the interview of the day.
Here it is.
What a wonderful conversation.
Also with, I have to say, a spitting set.
It's not something that you see every day.
Tom McKenzie there speaking with our Goldman Sachs, well, the Goldman Sachs chief executive, David Solomon, at Time Tech Week.
They talked about the Fed.
They talked about tech and some of, of course, the things that we should be watching out for.
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