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

This is Bloomberg Technology with Caroline Hyde of Bloomberg's world's headquarters in New York.

And I'm Ed Lodlow in San Francisco. This is Bloomberg Technology.

Coming up, Amazon Web Services CEO.

Adam Slipsky is stepping down from the job. Details to come.

Plus Open AI unvails its updated AI models as Google kicks off its AI event today.

Full coverage ahead.

And we sit down with the CEO of the Buy Now Pay Later firm,

Klana, has the company eyes that long awaited IPO. But first let's check in on what's

already trading on these public markets and maybe a little bit of a reprieve in some animal spirits, even though we see

that PPI number that produce a price index coming in hotter than anticipated, but you get

more granular and maybe there's sign of cooling in some of the key areas that the Fed will be

focusing on from inflationary pressures here in the US and managing to pull up some

four tenth percent on the NASDAQ and notably even though we saw an initial

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