Bloomberg’s Caroline Hyde discusses the tech sell-off as shares fall for a second day. Plus Bank of America’s new chief technology and information officer talks about the bank’s use of AI as a new report from MIT shows most enterprises see no return on investment from their AI spend. And analysts offer their take on Meta restructuring its AI team again.
Chapters:
00:00:00 – Intro
00:02:57 – Intel Shares Pull Back From SoftBank Stake-Driven Gains
00:14:56 – Bank of America Turns to AI Across Business Lines
00:24:07 – Meta Restructures AI Superintelligence Group
00:33:06 – EliseAI Raises $250M Series E
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.
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