OpenAI’s Eye-Popping Raise & Hair Today, Hair Forever 4/1/26

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 1 April 2026

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

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Summary

OpenAI has closed a $122 billion funding round, bringing its valuation to $852 billion. Investor Cathie Wood discusses her bets on AI and the future of tech investing. Nike reported a struggle in the Chinese market for its latest quarter, and CNBC’s Dan Murphy reports on the latest in the Middle East. Plus, shares of biopharma company Veradermics are up well over 65% since its IPO in February, all thanks to investor appetite for pattern hair loss treatments. CEO and board-certified dermatologist Dr. Reid Waldman discusses the market, the audience, and the innovation in hair care. Dan Murphy - 07:03 Cathie Wood - 19:14 Dr. Reid Waldman - 32:01 In this episode: Dan Murphy, @dan_murphy Cathie Wood, @CathieDWood Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music, please.
0:04.3	Hi, I'm CNBC producer Katie Kramer.
0:07.0	Today on Squawk Pod.
0:09.6	Open AI's record-breaking funding round
0:12.2	brings the artificial intelligence giant
0:14.2	to a whopping $852 billion valuation.
0:18.7	We talk to a player in this latest round,
0:20.7	ARC invests, Kathy Wood.
0:22.8	AI is the biggest catalyst for innovation in history. And a note for individual investors,
0:29.2	shares of Open AI will soon be included in ARC invest funds. We're continuing to serve as a bridge
0:36.0	from the private markets into the public markets,
0:39.2	given what we do, which is focus exclusively on technologically enabled innovation.
0:45.7	Then hair today, hair tomorrow.
0:48.2	The stunning stock story of hair loss treatment startup Veridermics, CEO, Reid Waldman.
0:53.8	We haven't had an approval for hair loss.
0:55.6	In 30 years.
0:57.9	Plus, the rest of today's news that got us squawking, from Nike's sales fall to SpaceX's IPO,
1:03.7	to the complicated and still clogged key oil path to the strait of Hormuz.
1:08.3	Our Dan Murphy reports from Dubai.
1:10.6	It's pretty clear now that not all of Washington's Gulf Allies want the war to end just yet.
1:16.4	It's Wednesday, April 1st. No fooling here. Squawk Pod begins right now.
1:22.5	Stand back you by in three, two, one. Cure, please.
	...

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