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Bloomberg Tech

FOMC Rate Decision and VC Interest in AI

Bloomberg Tech

Bloomberg

Business News, News, Tech News

4.470 Ratings

🗓️ 3 May 2023

⏱️ 39 minutes

🧾️ Download transcript

Summary

Bloomberg's Caroline Hyde and Ed Ludlow break down the state of the banking system and how higher rates are impacting the tech sector ahead of the FOMC Rate decision. Plus, a look at VC investing in generative AI with Khosla Ventures and Sequoia Capital.

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Transcript

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0:00.0

Join global business leaders and investors at the Bloomberg Sustainable Business Summit, returning to Singapore on July 31st.

0:09.0

Take part in solutions driven discussions on how to drive business value and unlock opportunity

0:14.8

while remaining nimble in times of change and greater ESG accountability.

0:19.5

Learn more at Bloomberg Live.com slash sustainablebiz Singapore. That's Bloomberg Live.com slash Sustainable Biz Singapore.

0:24.0

That's Bloomberg Live.com slash sustainable Biz Singapore.

0:28.0

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

0:37.0

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

0:58.0

And I'm Ed Ludlow in San Francisco.

1:00.0

This is Bloomberg Technology.

1:02.0

Coming up, we count you down to the Fed rate decision and get a real look.

1:06.4

A view on the state of the banking system and FinTechs have helped speed up deposit flight,

1:11.3

adding to crisis concerns. We're going to dive deep into the

1:14.5

world at venture capital and speak with Sequoia General Partner Constantine Buella

1:18.4

and Coaster's founder Vinod Coaster. Plus how malware operators are cashing in on the AI hype to target

1:26.1

your businesses. We'll talk chat geepte in cybersecurity with Metas head of

1:30.3

security later this hour. Let's turn towards of course what else the Federal Reserve is really trying to navigate

1:35.6

how you can hike rates amid what is an ongoing banking crisis.

1:38.6

In part brought through of course higher interest rates.

1:41.4

Also though is there a bit of an acceleration

1:44.2

of some of these crises because of the ease with which we can pull cash out of our

1:48.0

deposits? Joining us now to discuss all of this, Candice known us, RGB

1:51.6

management consultant, you've got what 16 years in career of risk

...

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