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Bloomberg Tech

Microsoft Backs ChatGPT, Elliott Invests in Salesforce

Bloomberg Tech

Bloomberg

Tech News, News, Business News

4.470 Ratings

🗓️ 23 January 2023

⏱️ 41 minutes

🧾️ Download transcript

Summary

Bloomberg's Caroline Hyde and Ed Ludlow break down Microsoft's $10 billion bet on OpenAI. Plus, Elliott's multibillion dollar stake in Salesforce and a peak into what Apple's mixed reality headset is capable of. 

See omnystudio.com/listener for privacy information.

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. I'm Caroline Hyde up Bloomberg's San Francisco Studio.

0:47.0

Welcome in New York together back in San Francisco.

0:50.0

I made love load.

0:51.0

This is Bloomberg Technology and how nice it is to have you

0:54.4

here. So many headlines to pass over. Many of the market moving when there's some feel good

0:58.9

right now around technology despite layoffs, despite everything that's going on.

1:01.8

And it is centric too, being in San Francisco this week,

1:05.0

with all the earnings to come.

1:06.0

First and foremost, we talk about valuations here in Silicon Valley.

1:09.0

Microsoft's 10 billion bet on Open AI.

1:12.0

It's just the start of the artificial intelligence revolution.

1:14.3

It's what Microsoft's chief product officer is pitching as quote the defining

1:18.4

technology of our time.

1:20.2

And more local to us, Elliot's multi-billion dollar stake in Salesforce comes as a wave of activist

1:25.8

investors push companies to act more on behalf of their shareholders.

1:30.4

And we now know what Apple's mixed reality headset is capable of as the company explores a new approach to eye and hand tracking controls.

...

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