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Learn more at Bloomberg Live.com slash sustainablebiz Singapore. That's Bloomberg Live.com slash Sustainable Biz Singapore.

That's Bloomberg Live.com slash sustainable Biz Singapore. I'm Caroline Hyde of Blue B Bloomberg's world headquarters in New York.

And I'm Ed Lodlow also in New York.

This is Bloomberg Technology.

Coming up, all in on AI.

Artificial intelligence is emerging as the next big investment in Silicon Valley.

That's as Microsoft weighs a $10 billion investment in the chat, GPT creator.

But crypto continues to make headlines with coin-based announcing layoffs and Cameron Vincalbos pushing for the

ouster of DCG CEO Barry Silbert.

And a lackluster launch from Virgin Orbit puts on a dent into England's first ever space launch.

And let's take it into that so much more Ed because it was the talk of the town, the talk of the world,

there's all eyes on whether Microsoft would put such an enormous

chunk of change to work when it comes to CHAP GPT.

Let's talk about it with Bloomberg Intelligence's Anorag Rana.

Anorag, just talk us through why Microsoft would put such a significant amount of money, yes, distributed

over several years.

Why go into this?

Is it all about Bing?

No, not just about Bing. I think it's about every product that they have. You know, I would say that, you know, everybody has been talking about AI for over a decade. We've heard Watson, but I think this investment shows that, you know, it is the season for AI going forward because one of the things you have is you have a customer that is taking your software product or is you bought a software product. Now you got to give something more and return

...