BioRender CEO on Anthropic Deal, AI for Complex Imagery
BioRender is a leading AI-powered platform for scientific communication. It is designed to bridge communication gaps across specialties, roles, and decision-makers that slow scientific discovery. By combining figure creation, presentations, graphing, analysis, and collaborative whiteboarding, it reduces the need for fragmented design and illustration tools, meeting minutes, and personal notepads. Co-founded out of Y Combinator by Shiz Aoki in 2017, BioRender says it has become the most widely used visual communication platform in science and healthcare for accurate images, claiming to be deployed at every major research university, 90% of the largest pharmaceutical companies globally, as well as 15 Nobel Prize-winning labs. The company also recently signed a collaboration with Anthropic as part of the "Claude for Life Sciences" initiative, and has reached a value of nearly $1 billion. Shiz discusses her company's growth and key partnership with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.See omnystudio.com/listener for privacy information.
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Bloomberg Tech Special: Nvidia CEO Jensen Huang on Upbeat Forecast
Nvidia CEO Jensen Huang discusses the "off the charts" sales of the Blackwell advanced graphics processing unit (GPU), the company's new Vera Rubin platform and the outlook for demand from China with Bloomberg Tech co-host Ed Ludlow, in a special conversation as heard on Bloomberg TV and Radio.See omnystudio.com/listener for privacy information.
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Nvidia Gives Strong Forecast, Countering Fears of AI Bubble
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.Nvidia Corp., the world’s most valuable company, gave a strong revenue forecast for the current period, helping counter concern that a global surge in AI spending is poised to fizzle.Sales will be about $65 billion in the fiscal fourth quarter, which runs through January, the chipmaker said in a statement Wednesday. Analysts had estimated $62 billion on average, with some predictions ranging as high as $75 billion. The outlook signals that demand remains strong for Nvidia’s artificial intelligence accelerators, the pricey and powerful chips used to develop AI models. Nvidia has faced growing fears that the runaway spending on such equipment isn’t sustainable.Huang has repeatedly downplayed concerns about an AI bubble, saying last month that the company has more than $500 billion of revenue coming over the next few quarters. Owners of large data centers will continue to spend on new gear because AI has begun to pay off, he said.Today's show features: Jay Goldberg, Senior Analyst, Semiconductors & Electronics with Seaport Research Partners, breaks down Nvidia’s latest earnings report Bloomberg Tech Co-Host Ed Ludlow reacts to Nvidia’s results and previews his upcoming conversation with CEO Jensen Huang Bloomberg News Big Tech Team Leader Sarah Frier on the impact of Nvidia’s results on the broader outlook for AI spending Samuel Sahn, Managing Partner, Portfolio Manager at Hazelview Investments, on his firm’s new white paper detailing is how AI is reshaping asset values, operational models, and investment strategies See omnystudio.com/listener for privacy information.
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Farmgirl Flowers CEO on the Challenges of Bootstrapping
Farmgirl Flowers was launched back in 2010 as a one-woman-show when founder and CEO Christina Stembel began working from her dining room table with a vision to change the way people buy flowers online. Her company says its burlap-wrapped bouquets and vase arrangements are "designed to make recipients feel seen, loved, and celebrated."Now as the company celebrates its 15th anniversary, its leader is doubling down on her commitment to build for growth rather than building to sell. Christina discusses the outlook for her firm, as well as the challenges facing the small business in the current economic environment with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.See omnystudio.com/listener for privacy information.
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Stocks Fall Before Nvidia’s High-Stakes AI Results
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.A selloff in the world’s largest technology companies drove stocks to their longest slide since August, underscoring the American market’s narrow reliance on a handful of growth giants.The S&P 500 lost almost 1%, falling for a fourth straight day. In the run-up to Nvidia Corp.’s results, the shares sank 2.8%. The bar is getting higher for the chipmaker to convince investors that the billions of dollars spent on artificial intelligence will pay off. Its outlook could have significant implications due to the firm’s massive influence on major indexes.Wall Street has grown increasingly concerned that AI isn’t yet generating enough revenue or profits to justify the massive spending on infrastructure. Microsoft Corp. and Nvidia are committing to invest up to a combined $15 billion in Anthropic PBC, in a move that ties the AI developer closer to two of the biggest backers for its rival OpenAI.The S&P 500 dropped to around 6,617, the lowest in more than a month. A gauge of tech megacaps slid 1.8%. A closely watched index of stock volatility — the VIX — hovered near 25.Bitcoin climbed after briefly dropping below $90,000. The yield on 10-year Treasuries slid two basis points to 4.12%. The dollar wavered.Today's show features: Vance Howard, CEO & Portfolio Manager, Howard Capital Management, on market valuation and AI bubble concerns Ellen Wald, President of Transversal Consulting and Senior Fellow at the Atlantic Council, on Saudi Crown Prince Mohammed bin Salman’s White House visit with President Donald Trump Dr. Adam Posen, President of the Peterson Institute for International Economics, on the global economic outlook and the US monetary policy impact Stephanie Guild, Chief Investment Officer at Robinhood Markets, on the makeup of next-gen retail investors and key trends among female investors who are increasingly coming into greater wealth See omnystudio.com/listener for privacy information.
Carol Massar and Tim Stenovec bring you reporting from the magazine that helps global leaders stay ahead, plus insight on the people, companies and trends shaping today's complex economy. Watch us LIVE on YouTube: http://bit.ly/3vTiACF.