Wall Street Bets on If, When AI Bubble Will Pop | Bloomberg Tech 12/15/2025

Intel has appointed Robin Colwell, a former deputy assistant to President Trump, as its head of government affairs, while Pushkar Ranade, the CEO's chief of staff, has been named interim CTO. This strategic move aims to enhance Intel's engagement with policymakers and regulators amid a rapidly evolving technology landscape.

Chai Discovery, an AI drug-discovery startup, has successfully raised $130 million in a Series B funding round, achieving a valuation of $1.3 billion. The company aims to develop a computer-aided design suite for molecules, enhancing its capabilities in drug discovery. Co-founder Joshua Meier and investor Elena Viboch discussed this milestone on Bloomberg Tech.

Natalie Gallagher, principal economist at Board, emphasized that the recent surge in artificial intelligence (AI) spending is not just a trend but a significant anchor for the broader economy, as discussed on Bloomberg Tech with Caroline Hyde.

ServiceNow is reportedly in advanced negotiations to acquire the cybersecurity startup Armis, with the deal potentially valued at up to $7 billion, marking a significant move in the tech industry. This acquisition could represent ServiceNow's largest purchase to date, reflecting its commitment to enhancing its cybersecurity capabilities.

ServiceNow is reportedly in late-stage negotiations to acquire the cybersecurity startup Armis, with the deal potentially valued at up to $7 billion, marking a significant step in the company's expansion into cybersecurity solutions. This follows ServiceNow's recent acquisition of identity security startup Veza for an estimated $1 billion to $1.5 billion.