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Bloomberg Technology

OpenAI Plans UAE Data Center, AT&T Buys Lumen’s Consumer Fiber Business

Bloomberg Technology

Bloomberg

Tech News, Business News, Business, News

4.549 Ratings

🗓️ 22 May 2025

⏱️ 48 minutes

🧾️ Download transcript

Summary

Bloomberg’s Caroline Hyde and Ed Ludlow talk to OpenAI’s Global Policy President Chris Lehane about the company’s plans to build more international data centers. Plus, Kraken Co-CEO Arjun Sethi discusses why the crypto exchange has partnered with Backed to let customers outside the US trade Apple, Nvidia, and Tesla shares around the clock. And AT&T CEO John Stankey explains why the telecom giant is buying Lumen’s consumer fiber operations.

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Transcript

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A lot of times big economic forces show up in our lives in small ways.

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Four days a week, I would buy two cups of banana pudding.

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Single stock volumes really surge and analysis on the company's making news on Wall Street.

0:43.1

Super Micro is catching our eyes.

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Take a quick look at crypto stocks.

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A big bounce in the market today.

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We're on a brutal three-day stretch.

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The highest intraday jump since 2020.

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