This Year’s Winners and Losers in the Podcast and Music Industries

Patrick McGoldrick, managing partner at JPMorgan Private Capital, discussed the increasing overlap between public and private markets, particularly in the tech sector, where companies are remaining private longer and achieving unprecedented valuations. This trend was highlighted during his appearance on Bloomberg Tech with Caroline Hyde.

A leading economist has stated that OpenAI is 'definitely not' too big to fail, suggesting that the potential collapse of the AI bubble would not have catastrophic consequences. This perspective comes amid growing concerns about the sustainability of investments in artificial intelligence, particularly following OpenAI's significant market fluctuations.

The US development-finance agency announced plans to significantly increase its funding, targeting investments in artificial intelligence data centers and critical minerals. This initiative reflects a strategic expansion aimed at enhancing the country's technological infrastructure and energy resources.

Tesla's stock performance is under scrutiny as the company navigates the implications of SpaceX's upcoming initial public offering (IPO), which is anticipated to occur in 2026. This IPO is expected to raise over $30 billion and could value SpaceX at approximately $1.5 trillion, reflecting the growing significance of Musk's ventures in the market.