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Bloomberg Tech

Applied Materials' Results, and OpenAI and Reddit's Partnership

Bloomberg Tech

Bloomberg

Business News, News, Tech News

4.470 Ratings

🗓️ 17 May 2024

⏱️ 46 minutes

🧾️ Download transcript

Summary

Bloomberg's Caroline Hyde and Ed Ludlow break down Applied Materials' earnings which fail to impress investors. Plus, OpenAI and Reddit announce a partnership to bring its content to ChatGPT and other products, and CoreWeave secures nearly $8 billion in private debt. 

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Transcript

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0:00.0

Join Stacey Abrams, Leib Shriver, Gina McCarthy, and more of the planet's environmental

0:06.2

leaders and problem solvers for the Bloomberg Green Festival in Seattle, July 10th to the 13th.

0:12.8

Title sponsor Amazon, Official Airline, Alaska Airlines.

0:17.6

Supporting sponsor, Providence.

0:19.9

Contributing sponsor, Wareyerhauser.

0:22.6

Get 40% off using promo code Radio 40

0:26.0

at Bloomberg Live.com slash Green Festival.

0:31.7

From the heart of where innovation, money and power collie in Silicon Valley and beyond,

0:37.0

this is Bloomberg Technology with Caroline Hyde and Edla Lo. I'm Caroline Hyde at Bloomberg's world headquarters in New York.

0:57.0

And I'm Ed Ludlow in San Francisco.

1:00.0

This is Bloomberg Technology.

1:01.0

Coming up, full market coverage of ahead. Of course, the largest US maker of chip-making

1:05.3

machinery. Vels to impress investors, what does it say around the rest of the chip sector?

1:09.9

We talk applied materials.

1:10.9

Plus Open AI and Reddit announced a partnership to

1:14.4

bring its content to chat, GPT and other new products. Details ahead.

1:18.0

And we sit down with the CEO of Cloud Computing Company, Coreweave, as it secures

1:22.1

seven and a half billion dollars in private debt.

1:25.5

All that and so much more coming up.

1:27.5

But first let's check in on a market that has been ramping higher for four straight weeks.

1:31.4

The longest winning street we see for the

1:32.8

S&P and indeed the NASDAQ in well at least since February we're actually seeing

...

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