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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 and Edna at Luddler. I'm Ed Ludlow here in San Francisco, Caroline Hyde is off today.

This is Bloomberg Technology coming up.

Lords Town files for bankruptcy.

Shares Plun, as the Eviemakers deal with FoxCon unravels.

We'll bring you the details on that developing story.

Plus we'll talk AI and regulation with an MIT researcher who recently sat down with

President Biden on his trip to San Francisco will get her takeaways on how the

government plans to tackle the booming technology.

Plus we sit down with famed venture capitalist Gary Tan of Y-Combinator for an exclusive

interview talking investing the rise of generative AI and how his firm is investing in building back the Bay Area.

When it comes to names in the technology sector, we are thinking about Lordstown.

The news, a Chapter 11 filing. We're down 37% right now. We are trading. The stock had been halted.

The relationship with FoxCon, which was a contract manufacturer, right, that was going to build

Lords Town's electric vehicles.

That relationship is disintegrating.

Let's get the details with Bloomberg Sean O'Kane.

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