Artificial Intelligence is the star of the stock market, but with the companies that kicked off the AI craze all privately held,

how can investors gain exposure to this structural long-term trend?

Learn more later in the podcast.

Join us in Los Angeles or virtually on October 8th for Bloomberg's

Business Value of AI Event and Networking Reception.

This event will gather business and technology executives to share their experiences

and provide insight into their strategies for deploying AI that achieves a desirable ROI.

You'll also learn how companies have successfully implemented AI solutions that have improved productivity and profitability.

This program is proudly sponsored by IBM.

Register at Bloomberg Live.com slash AI slash radio.

From the heart of where innovation, money and power

collie in Silicon Valley and beyond.

This is Bloomberg Technology with Caroline Hyde and Ed Ludlow. Live from New York in San Francisco, this is Bloomberg Technology.

Coming up, Tesla posts its first increase in quarterly sales this year,

but it disappoints investors.

And Apple preparing to announce a new low-end iPhone we have the Bloomberg exclusive.

Plus we talk to tech heavy hitters later in the hour, CEO of Pinterest coming from its advertising event.

Ed.

Let's get straight to our top story.

Tesla just posted its first increase in quarterly sales this year.

But for the quarter, deliveries came in just below Street estimates.

shares are down sharply after the company delivered

...