A Milestone for SpaceX, Nvidia's AI Security System, More

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What is the main topic discussed in this episode?

James Reed 0:00

Building a successful business is hard. Building one that lasts is even harder. The jobs market is tough. Industries are evolving. AI is advancing. How do you adapt and stay ahead? I'm James Reed, Chairman and CEO of Reed, and host of the All About Business Podcast. Every Monday, I sit down with founders, CEOs, and entrepreneurs who've built extraordinary businesses, the people who get things done. I ask them about the decisions that mattered, the risks they took, the mistakes they made, and what they'd tell you to do differently. Whether you're building a business, leading a team, or simply fascinated, By how successful people think. You'll hear honest conversations about the good, the bad, and the ugly of building something that lasts.

James Reed 0:45

If you want top insights and actionable advice to apply to your career or business venture, listen to James Reed, All About Business. Listen on Apple, Spotify, YouTube, or wherever you get your podcast. See you next time.

Amy Morris 1:02

News when you want it, with Bloomberg News Now, I'm Amy Morris.

What did SpaceX achieve with Starship’s first orbital launch?

Amy Morris 1:06

SpaceX has achieved a major milestone. It successfully launched its Starship rocket into orbit for the first time, where it was able to deploy 26 next generation Starlink V3 satellites. Bloomberg's ad Ludlow says there was a moment when it looked like the mission was at risk.

Unknown 1:23

On the way up, uh, after separating from the booster, the six Raptor engines at the base of the spacecraft, one of them cut out early, which led to some debate on the SpaceX team whether they would attempt to go to that orbital altitude. In the end, they decided that it was possible.

Amy Morris 1:40

Now US regulators have approved SpaceX to take Starship to the next step, trusting that the company can safely transport the rocket to orbital speeds and bring the vehicle back to Earth in a controlled manner, shares of SpaceX less than one percent lower.

How could Nvidia’s new AI security system isolate suspicious agents?

Amy Morris 1:55

NVIDIA has introduced a new double-layered artificial intelligence security system that it says would have prevented the recent high-profile breach of hugging face by OpenAI's AI models. NVIDIA believes this added security layer will allow the industry to test even the most advanced AI systems safely and can quarantine a suspicious agent in milliseconds. Erica Clower is CIO and Founder of Science and Technology Partners.

Unknown 2:26

And I think that the speed at which we are seeing response is very reassuring. I think the other thing that we heard a lot from many of the cyber software companies was that they saw a flip in terms of trying to go out to sell their wares to customers to actually customers coming in to talk to them about how they could thwart a

Amy Morris 2:48

Any kind of cyber threats. Science and technology partner CIO Erica Clower on Bloomberg Tech. Increasing the total remaining amount authorized to $235 billion.

Why are Meta shares falling as the company expands its enterprise AI plans?

Amy Morris 3:06

Meta shares are lower for a second consecutive day. CEO Mark Zuckerberg announced plans for a meta enterprise platform focusing on selling its AI products to businesses. Investors are sizing up the risk of competition for Muse with potential competitors including Google Parent Alphabet and smaller startups like Instinct. MetaShares now more than four percent lower.

Why are U.S.-Iran talks over the Strait of Hormuz at an impasse?

Amy Morris 3:30

Iran says it's sticking to a proposal that President Trump rejected, with Tehran wanting the US to lift a naval blockade and oil sanctions to reopen the Strait of Hormuz. U.S. and Iranian negotiators had been exploring a deal to reopen the strait and lift a blockade of Iranian ports, but Trump rejected Iran's proposal and negotiations appear to be at an impasse. Crude oil now more than three percent higher, WTI topping ninety five dollars a barrel, and Brent Crude more than one hundred seven dollars a barrel. A stalemate between the U.S. and

How are Iran tensions and higher oil prices affecting stocks and Treasury yields?

Amy Morris 4:00

and Iran boosting those oil prices, dragging down stocks and bonds on concerns that these elevated energy costs could fuel inflation and trigger more rate hikes. The tech heavy NASDAQ 100 lost about 1.5%, and Treasury tenure yields are at a nearly two decade high. We do check markets for you all day long here at Bloomberg. The SP 500,000. Five hundred down eight tenths of a percent, Nasdaq down about one percent, and the Dow down three quarters of one percent, the ten-year treasury yield at five point two five percent.