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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 Ed Ludlow. Hello. I'm Carol. I'm Caroline Hyde at Bloomberg's world headquarters in New York.

And I'm Ed Ludlow in San Francisco.

This is Bloomberg Technology.

Coming up, we break down the market action as equities trade in the red and NVIDIA drops for

the first time since its blowout earnings report.

Plus we'll talk artificial intelligence as the Biden administration weighs how aggressively to regulate new artificial intelligence tools like chat gPT.

And amid recent turmoil in the US banking system, one FinTech startup saw revenue surge. We'll discuss why. Plus so much

more throughout the show including where public markets are currently trading Ed. We're seeing

a little bit of a dismal feel to the NASDAQ today. We're dropping about

7 tenths of a percent. Nervousness out there that maybe some of the

economic data in the US is just too strong. The Federal Reserve is

still going to have to call this economy the jolts data basically job openings looking much

better than any single economist out there had anticipated but what's

interesting is you weave in therefore perhaps the sell-off well the buying

that we see in two-year yields actually just dipping a little bit that's all

around where we go in terms of the debt ceiling as well whether we get some sort of

...