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Bloomberg Tech

South Korean Chipmakers to Supply OpenAI’s Stargate

Bloomberg Tech

Bloomberg

Tech News, Business News, Business, News

4.549 Ratings

🗓️ 1 October 2025

⏱️ 45 minutes

🧾️ Download transcript

Summary

Bloomberg’s Caroline Hyde and Ed Ludlow unpack the news that Samsung and SK Hynix have reached early-stage agreements to supply chips and other gear to OpenAI’s Stargate data center project. Plus, Wellington Management Head of Late-Stage Growth, Matt Witheiler, talks about the opportunities in the private markets as tech firms stay private longer. And Google, Amazon and Peloton are out with new AI-powered devices.

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Transcript

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And I'm Caroline Hepka, here to introduce you to a podcast that brings you the news you need to start your day in just 15 minutes.

0:26.9

It's called Bloomberg Daybreak Europe Edition, covering all the top stories across Europe and around the world.

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Each weekday morning, we're up early to bring you the latest news by 7 a.m.

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We've got everything you need to know, from geopolitics and global events to economics and

0:41.7

what's moving markets. I'm covering it all from London.

0:45.2

And I'm in the EU's capital Brussels. We have 3,000 journalists and analysts around the

0:49.3

world to tell you what's happening, what it means and why it matters.

0:53.3

It's more than just business headlines,

0:55.3

from the price of your breakfast to global shifts in power. Economics and money aren't just part

1:00.3

of the story. They're often the driving force. So start your day with us on Bloomberg Daybreak

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Europe edition for the news you need to know and the context to make sense of it. Find new episodes

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or wherever you get your podcasts.

1:20.6

Bloomberg Tech is live from coast to coast with Caroline Hyde in New York and Ed Lovello in San Francisco.

1:32.8

This is Bloomberg Tech. Coming up, another day, another deal. Samsung and S.K. Heinix forge initial agreements

1:39.3

to supply chips and other gear to Open AI's Stargate Project. Plus, Peloton shares drop after hiking prices and announcing an overhaul of its hardware

1:47.9

line-up and a new AI system.

1:50.0

And Google also introduces new Nest-branded hardware, including video cameras, a doorbell

...

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