For every six Chinese people, there's a Ping'an customer, we have accumulated a massive amount of the customer data, not just on the financial side, but end-to-end across channels thanks to our AI advancements.

This is the Technology Empowered Growth at Ping-Anne podcast. In our latest episode, Ping-an is utilizing technology to provide integrated and personalized 24-7 support

for China's rapidly growing elderly population. Now available on Spotify, Apple Podcast, and

Ping'an's website. Hello and welcome. This is the Michelle Hussein show. I'm Michelle

Hussein. I speak with people like Elon Musk. I think I've done enough.

And Shonda Rhymes. That's so cute. This will be a place where every weekend you can count on

one essential conversation to help make sense of the world. So please join me. Listen and

subscribe to the Michelle Hussain show from Weekend, wherever you get your podcasts.

You certainly ask interesting questions.

Bloomberg Audio Studios, Podcasts, Radio News.

Bloomberg Tech is live from coast to coast with Caroline Hyde in New York and Ed Lovlo in

San Francisco.

This is Bloomberg Tech coming up.

Open AI exec's U-turn and David Sacks says no on a federal

backstop to fund AI infrastructure, markets react.

Plus Musk's one trillion dollar compensation package gets approved by Tesla investors.

With over 75% of votes cast in favor, we dig into the bold new promises.

And we break down more tech earnings with the CEOs of a firm and draftings later this hour.

We go to these markets though, in sell-off mode, Ed, on the day and on the week.

Over the past five days, we've shed more than 4% in market capitalisation.

It is the worst week since April for the NASDAQ 100.

And anxiety is really building when it comes

...