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Bloomberg Tech

Alibaba to Ramp Up AI Spend, Kimmel Returns to Late Night

Bloomberg Tech

Bloomberg

Tech News, Business News, Business, News

4.549 Ratings

🗓️ 24 September 2025

⏱️ 47 minutes

🧾️ Download transcript

Summary

Bloomberg’s Caroline Hyde and Ed Ludlow look at Alibaba’s plans to ramp up AI spending past $50 billion, which sent its shares to a four-year high. Plus, OpenAI expands its Stargate data center plan with five new sites in the US. And late-night host Jimmy Kimmel is back on air with a conciliatory tone about his controversial comments and jokes about President Trump.

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Transcript

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0:00.0

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0:20.1

You can get the news whenever you want it with Bloomberg News Now.

0:24.3

I'm Amy Morris.

0:25.5

And I'm Karen Moscow here to tell you about our new on-demand news report delivered right to your podcast feed.

0:32.1

Bloomberg News Now is a short five-minute audio report on the day's top stories.

0:37.1

Episodes are published throughout the

0:38.4

day with the latest information and data to keep you informed. Yes, there are other products like

0:44.0

this from a variety of news organizations, but they usually rerun their radio newscasts throughout

0:50.2

the day. That's not what we do. We create customized episodes that can only be heard

0:55.7

on Bloomberg News Now. And we don't wait an hour to publish breaking news. When news breaks,

1:00.3

we'll have an episode up in your podcast feed within minutes, so you're always getting the

1:04.8

latest stories and developments. Get the reporting and the context from Bloomberg's

1:09.1

3,000 journalists and analysts we're all over

1:11.8

the world. Listen to the latest from Bloomberg News Now on Apple, Spotify, or anywhere you listen.

1:20.9

Bloomberg Audio Studios, Podcasts, Radio News.

1:29.8

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

1:40.4

This is Bloomberg Tech.

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