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Bloomberg Technology

Sam Bankman-Fried's Sentencing and Amazon's AI Investment

Bloomberg Technology

Bloomberg

Tech News, Business News, Business, News

4.549 Ratings

🗓️ 28 March 2024

⏱️ 48 minutes

🧾️ Download transcript

Summary

Bloomberg's Ed Ludlow breaks down the significance of FTX founder Sam Bankman-Fried's sentencing for the crypto world. Plus, Amazon boosts its investment in AI startup Anthropic with a $2.75 billion dollar cash infusion.

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Transcript

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0:00.0

The Bloomberg Sustainable Business Summit returns to Singapore on July 31st for solutions-driven discussions on unlocking growth in times of increased ESG scrutiny and competition.

0:12.0

Join global business leaders and investors

0:15.0

to drive innovation and scale best practices

0:17.7

in sustainable business and finance.

0:19.9

Learn more at Bloomberg Live.com

0:22.0

slash Sustainable Viziz Singapore.

0:24.3

That's Bloomberg Live.com

0:26.0

slash Sustainable Biz Singapore.

0:31.3

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

0:37.0

this is Bloomberg Technology with Caroline Hyde and Ed Ludlow. in Edna at in San Francisco.

0:57.0

Caroline Hyde is off.

0:58.5

This is Bloomberg Technology.

1:00.3

Coming up, we'll have full coverage of the sentencing of Sam Bankman-Freed as the FDX founder faces up to half a century in prison.

1:10.0

Plus Amazon boosts its investment in AI startup and

1:13.2

Tropic with nearly three billion dollars of cash infusion.

1:17.1

We sit down with AWS to discuss and we sit down with the CEO of Walgreens as the company enters its reinvention era.

1:26.0

What does that mean for AI, digital offerings, and competition with Amazon?

1:30.4

We will discuss.

1:32.1

Welcome to your final trading day of the first quarter of

1:35.5

2024. The Nasdaq 100 is my go to a very tech heavy index a high concentration of the

1:41.9

mega caps and higher multiple software names.

1:44.9

We are headed for back-to-back quarterly gains, two straight quarters of gains on the

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