Summary
This Bloomberg Tech broadcast delivers a multi-story sweep of breaking AI industry news anchored by Oracle’s quarterly earnings. Cloud infrastructure revenue hit $7.4 billion (up 121% year-on-year), the RPO backlog reached $664 billion, and CapEx came in at $28.5 billion — higher than expected, compressing margins but validating Oracle’s AI infrastructure bet. Oracle disclosed that OpenAI’s Astra model was trained at its Abilene, Texas facility and that OpenAI has committed $300 billion to Oracle over the next four to five years. Bloomberg’s Brody Ford, who spoke directly with Sam Altman around the Astra release, provides context on what Oracle’s infrastructure role means for the broader AI lab ecosystem.
On AI risk, the broadcast covers Anthropic’s official statement responding to the Jacob Coxin resignation controversy, as well as Pentagon AI lead Emil Michael pushing back against AI doom narratives. Additional stories include Moonshot AI — maker of the Kimi K3 model — targeting $2 billion in annualized revenue by year-end while raising funds at a $50 billion valuation; Zeke AI (also known as GPU, which recently released a new model with enhanced coding capabilities) seeking $5 billion in a new funding round; and Micron rewarding Taiwan employees with nearly $32,000 in cash bonuses after net income surged 15-fold in the quarter.
BNP Paribas analyst Stefan Slowinski walks through Oracle’s path to free cash flow recovery by fiscal 2029 and the significance of its new CFO’s forthcoming investor day commentary. The episode also includes hands-on impressions of Apple’s new foldable iPhone. A broad, fast-paced roundup of AI infrastructure, lab funding, and hardware news.
📺 Source: Bloomberg Tech · Published September 11, 2026
🏷️ Format: News Analysis
