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Bloomberg Technology

SoftBank’s Purchase of Ampere, Future of Ed-Tech

Bloomberg Technology

Bloomberg

Tech News, Business News, Business, News

4.549 Ratings

🗓️ 20 March 2025

⏱️ 43 minutes

🧾️ Download transcript

Summary

Bloomberg’s Tim Stenovec discusses Nvidia’s growth plans with Bloomberg’s Ed Ludlow from Quantum Day at GTC. And Ampere Computing’s CEO joins to talk about the chip designer’s $6.5bn sale to SoftBank. Plus Campus CEO Tade Oyerinde and 8VC Managing Partner Joe Lonsdale on the future of higher education and Campus’ latest fundraise.

See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

Bloomberg Audio Studios, Podcasts, Radio News.

0:08.1

From the heart of where innovation, money, and power collide,

0:13.3

in Silicon Valley and beyond, this is Bloomberg Technology with Caroline Hyde and Ed Ludlow.

0:21.6

Live from San Francisco, I'm Tim Steenebeck, and this is Bloomberg Technology.

0:40.3

Coming up, today is Quantum Day at Nvidia GTC, and Ed Ludlow is there.

0:45.8

We'll have the main takeaways from the conference so far and discuss what to expect from today.

0:51.2

Plus, SoftBank is acquiring the chip designer Am Ampier, in an all-cash transaction valued

0:56.4

at $6.5 billion. We'll sit down with Amperier's CEO to learn more about the deal. And campus,

1:03.6

a for-profit community college, has raised $46 million from investors, including Sam Altman,

1:08.5

Peter Thiel's founder fund, and Joe Lonsdale's 8VC.

1:12.0

The founder and Joe Lonsdale join us on the future of EdTech.

1:17.0

First, though, a check of the markets, and we're seeing some green across the screen.

1:21.4

Stock's opening higher after yesterday's Fed-fueled rally, or should say lower, but then it was the best Fed day going back to July,

1:28.3

then about a half hour into the trading session.

1:30.4

We got some surprisingly strong housing data, which turned around the trade.

1:34.1

At last check, about 65 stocks in the NASDAQ 100 moving higher.

1:37.6

Right now, up about four-tenths of 1% off its best levels of the day so far, but still

1:42.3

in the green. One of the stocks that's helping to push the NASDAQ 100 higher is meta platforms, investors

1:48.8

cheering the news that meta will roll out meta AI across 41 European countries this week.

1:54.7

It's up right now by about 4%.

1:56.7

Meta's intelligent chat function will also be rolled out across 21 overseas territories and available in six European languages, the company said in a statement.

2:04.5

It's going to be free, too, across its apps, including Facebook, Instagram, WhatsApp, and Messenger.

...

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