Join us in Los Angeles or virtually on October 8th for Bloomberg's business value of AI event and networking reception.

This event will gather business and technology executives to share their experiences and provide insight into their strategies for deploying AI that

achieves a desirable ROI.

You'll also learn how companies have successfully implemented AI solutions that have improved productivity

and profitability.

This program is proudly sponsored by IBM.

Register at Bloomberg Live.com slash AI slash radio.

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

this is Bloomberg Technology with Caroline Hyde and Ed Ludlow. in Edla Lo Loa. We are live from New York in San Francisco. This is Bloomberg Technology.

Coming up, open AI gets closer to a new AI model that reasons and a new mega valuation of $150 billion.

An intel at a crossroads, the chipmaker reaching a pivotal moment with a decade of dominance at risk.

And the first commercial spacewalk,

Polaris Dawn hits Mission Goal 700 kilometers

above the Earth.

But first, let's just check in on these markets because we are

rallying once again four straight days against on the Nasak 100 I'm looking at

at 4.5% higher we add a trillion dollars in large part because some single names like

invidia but invidia is also linked to the world of artificial intelligence

and exactly where we want to dig in on.

Yeah let's get to our top story. Open AI is in talks to raise $6.5 billion from investors

catapulting the AI startup to a $150 billion valuation. This is the company gets ready to release its latest AI model

codenamed Strawberry for more.

...