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Bloomberg Technology

IBM Doubles Down on AI, Palantir Falls Short of Analysts’ Expectations

Bloomberg Technology

Bloomberg

Tech News, Business News, Business, News

4.549 Ratings

🗓️ 6 May 2025

⏱️ 38 minutes

🧾️ Download transcript

Summary

Bloomberg’s Caroline Hyde speaks with IBM CEO Arvind Krishna about the company’s new product designed to help enterprises manage the growing number of AI agents. Plus, Janet Mui, Head of Market Analysis at RBC Brewin Dolphin, reacts to Treasury Secretary Scott Bessent's testimony that there is no sign of a recession in the US. And a leader in Palantir’s army of loyal retail investors discusses why he isn't concerned about the company’s slow global growth.

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Transcript

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0:00.0

You're listening to an IHeart podcast.

0:05.0

How did the internet go from this?

0:07.8

You could actually find what you were looking for right away,

0:10.7

bind to this.

0:12.4

I feel like him in hell.

0:14.1

Spoiler alert, it was not an accident.

0:17.8

I'm Corey Doctoro, host of Who Broke the Internet from CBC's Understood. In this four-part

0:24.2

series, I'm going to tell you why the Internet sucks now, whose fault it is, and my plan to

0:30.2

fix it. Find Who Broke the Internet on whatever terrible app you get your podcasts.

0:37.7

Bloomberg Audio Studios.

0:40.2

Podcasts, Radio, news.

0:43.7

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

0:51.4

this is Bloomberg Technology with Caroline Hyde and Ed Ludlow.

0:57.0

Live from New York, this is Bloomberg Technology.

1:12.6

Coming up, the CEO of IBM joins the show as Big Blue promises to help simplify and scale

1:18.2

enterprise AI.

1:20.0

Plus Palantir it tumbles despite raising its revenue forecast, why earnings fail to live up

1:24.6

to its current valuation.

1:26.5

And Tesla under pressure as monthly sales continue falling hard across Europe.

1:31.3

But first, we check in on these markets.

1:33.3

On ten to hooks, we have the Fed coming out tomorrow, likely holding rates.

1:37.3

But could we get a more hawkish commentary coming out of the Fed chair?

...

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