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Bloomberg Technology

OpenAI, Oracle Expand Stargate Project

Bloomberg Technology

Bloomberg

Tech News, Business News, Business, News

4.549 Ratings

🗓️ 3 July 2025

⏱️ 48 minutes

🧾️ Download transcript

Summary

Bloomberg’s Ed Ludlow discuss OpenAI's deal with Oracle as they search for more compute capacity. Plus, a look at President Donald Trump's tax and spending bill as it nears a successful House vote. And the White House lifts some chip design software curbs on China.

See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

This is an IHeart podcast.

0:05.3

Today, we expect more from technology.

0:08.2

Companies making the biggest productivity gains aren't just adding more tools.

0:12.4

They're choosing integrated solutions.

0:15.3

Find out more about these solutions later in this podcast.

0:19.5

The data that matters for your investments.

0:22.2

The entire auto sector is higher today.

0:24.7

And analysis on the companies making news on Wall Street.

0:27.8

Tesla's been a stock that's been in focus.

0:29.3

Shears have really been all over the math this morning.

0:31.6

Listen to the Stock Movers Report from Bloomberg.

0:34.5

Let's talk about some other decliner.

0:36.5

It's your short audio report on the day's winners and losers in the stock market.

0:40.8

Second biggest driver in terms of points for the S&P 500.

0:43.9

Subscribe to the Stock Movers report on Apple Podcasts, Spotify, or wherever you listen.

0:52.1

Bloomberg Audio Studios.

0:56.8

Podcasts, Radio News Bloomberg Tech is live from coast to coast

1:03.3

with Caroline Hyde in New York

1:06.1

and Ed Lovelow in San Francisco.

1:13.8

This is Bloomberg Tech coming up. Open AI ramps up with more computing capacity from Oracle, expanding the Stargate Initiative.

1:20.2

Plus, the U.S. House of Representatives is on track to vote on Donald Trump's tax and spending

1:25.7

bill.

...

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