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Bloomberg Technology

Nvidia Opens AI Ecosystem to Rivals, Apple’s AI Struggles

Bloomberg Technology

Bloomberg

Tech News, Business News, Business, News

4.549 Ratings

🗓️ 19 May 2025

⏱️ 45 minutes

🧾️ Download transcript

Summary

Bloomberg’s Ed Ludlow breaks down why the Magnificent Seven are lower on Monday as investor sentiment sours more broadly following Moody’s US credit downgrade. Plus, Nvidia says it will allow customers to use rival chipmakers in an effort to expand its AI ecosystem, and Apple has been spending billions of dollars on AI but insiders say it still can't get it right.

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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.

0:35.7

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

0:43.1

this is Bloomberg Technology with Caroline Hyde and Ed Ludlow.

0:48.1

Thank you. Live from San Francisco, this is Bloomberg technology coming up, big tech volatile after Moody's downgrades America's credit rating.

1:10.8

And Invidia, allowing customers to use rival chip makers in an effort to expand its AI

1:16.3

ecosystem.

1:17.7

And why Apple has been spending billions of dollars on AI and still hasn't managed to crack

1:24.2

the code.

1:25.3

This is what financial markets look like. Across major averages, we've paired

1:29.6

some of the early declines in Monday's session, but the story broadly is tech is pulling us down and

1:35.4

leading us lower. And that centers particularly on semiconductors and AI infrastructure names. In terms of the

1:41.2

single names that we're watching, you have stocks like Tesla

1:44.5

under pressure. Invidia has actually paired a lot of its decline from the open. It was down 2%

1:49.1

at one point. Invidia is at the heart of the news cycle, and it's going to be at the heart of

...

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