16 Mar 2023

What are the implications of the Silicon Valley Bank collapse for the tech sector?

From Nine To Noon, 11:05 am on 16 March 2023

Technology correspondent Peter Griffin joins Kathryn to look at what the Silicon Valley Bank collapse could mean for the capital-hungry tech industry, the mass layoffs announced by Meta and what the next iteration of ChatGPT could bring.

Peter Griffin is a Wellington-based science and technology journalist.

Silicon Valley Bank's logo on a phone screen.

The collapse of Silicon Valley Bank, SVB, marks biggest US bank failure since Washington Mutual during 2008 financial crisis. Photo: Joao Luiz Bulcao / Hans Lucas / AFP