Bloomberg Technology 09/11/2023: Updates on Qualcomm-Apple agreement, AI impact on markets, Alibaba's reshuffle, Tech Stars partnerships, and Charter-Disney deal.

📱 Qualcomm and Apple extend their agreement on modems for three more years.

⌚️ Apple is developing its own in-house modem but is facing delays.

💻 Apple plans to gradually transition to using its own modem in future devices.

📱 Qualcomm's ability to design and optimize silicon and software separates it from competitors.

🍎 Apple's transition to its own custom baseband will likely take until 2025, starting with lower-end models.

🔋 Qualcomm is positioned as a leader in mobile technology but is also expanding into automotive and other markets.

📈 The technology sector is outperforming in the US market, driven by artificial intelligence.

💡 Investors should look for companies hiring for AI talent as a sign of future productivity enhancement.

🤖 AI is expected to impact both information-oriented jobs and labor-intensive, repetitive tasks.

Alibaba undergoes a significant reshuffle as the cloud division faces challenges.

New leaders appointed to manage the company amidst the breakup.

Quantum computing emerges as a commercial technology with real-world applications.

💡 Quantum computing is a technology that uses quantum mechanics to perform calculations more efficiently than supercomputers.

🚀 The company mentioned in the video has developed proprietary technology for quantum computing, including the design, manufacturing, and software.

🌍 China and other countries are investing heavily in quantum computing, and the US needs to accelerate its investment to keep up.

🌍 TechStars is making strategic changes to their program, partnering with corporate entities to run 22 programs across five countries.

💼 TechStars receives thousands of applications every month and has local teams in different countries to meet potential candidates in person.

💡 Over 50% of startups in TechStars' program are focused on AI, with about 20-30% having AI as the core of their business.

📊 This week's tech IPOs will have a significant impact on the venture capital market, increasing confidence or causing companies to wait longer.

💼 TechStars has access to real-time data on the health of small companies globally, which has held up during the last 18 months of volatility.

📊 The early stage of the ecosystem has cooled, except for AI and climate tech.

💰 Pre-seed valuations have remained stable, driven by AI, blockchain, and nanotechnology.

📺 Charter and Disney reach a deal, ending the blackout and including streaming services in basic cable packages.