Meta released Glimmer this week, an open-weight AI model anyone can download and run on their own hardware — a contrast to Muse Spark, the company’s more powerful model that stays locked behind its own APIs. The release landed alongside a letter from Markhttps://t.co/fqSNrYrxiD ...

If I wanted to become famous on campus by tomorrow morning, I wouldn't do it by proposing a 50-page plan for better amenities. No one would read that. I'd do it by filming a 15-second video of me screaming at the wall.We need to talk about why our apps are obsessed with viral fury. We're living in a world where nuance is boring and outrage is pure dopamine. MIT proved it.Lies and anger spread six times faster than facts because drama dwells. But while we're busy chasing the high of a 15-second takedown vide ...

[music] Hi everyone, I am Pugadoro and I'm the founder at Programmabs and today I'm going to talk about computer use agency evaluation and most of the work um and the details about it are in a in a paper with this title and I did this work while Meta super intelligent labs with the collaborators you see on this slide. And so to start I want to introduce this type of uh agent is a weird type of agent that I call a replay agent. So imagine we run this process um we run our frontier a frontier model a good one ...

Instagram accounts fuelling Ceuta crisis with paid advice for help to cross https://t.co/fu6r9OUgna ...

Macroeconomic & Market Dynamics - U.S. Treasury borrowing costs for 30-year bonds hit a 25-year high, with the yield on a $25 million sale reaching 5.216%, the highest since 2001 [2][8] - Global equities and the S&P 500 reached record highs, with the S&P 500 closing 0.65% higher, while MSCI Asia Pacific marked its fourth consecutive weekly gain at 2.6% [2][4][5][49] - The U.S. economy lost 203,000 jobs in July, with money markets pricing in a 35% chance of a Federal Reserve rate hike in September [7][17][53] - Turkey's central bank revised its year-end inflation forecast up to 28% [74] Energy & Geopolitical Risks - Brent crude held steady around $87 per barrel, while ongoing disruptions in the Strait of Hormuz and the Red Sea continued to impact global energy and shipping costs [6][23][25][47] - The U.S. Treasury announced plans for unprecedented economic measures and continued blockades against Iranian ports [1][26] - DP World reported a first-half profit of $585 million, maintaining a positive medium-to-long-term outlook on global trade despite near-term uncertainties [34] Technology & Corporate Performance - OpenAI is on track to generate over $40 billion in annualized revenue, driven by growth in coding tools, subscriptions, and advertising ahead of a potential IPO [2][37][49] - Standard Bank reported record first-half profits with a bottom-line increase of 10% and a return of 19.8%, successfully navigating inflationary pressures and Middle Eastern conflicts [81][82] - The Democratic Republic of Congo's Ebola outbreak surpassed 4,400 confirmed cases and 2,000 deaths through August 10, threatening to become the worst in history [89]

Industry Trends & Technology Updates - The artificial intelligence industry has officially entered the era of combining "brains and limbs" [1] - OpenAI officially launched ChatGPT Computer History, allowing systems to learn work skills, habits, and retrieve context [1] - OpenAI introduced GPT-5.6 Sol Ultra Fast, achieving speeds up to 14 times faster while noting that higher speed increases token costs [1] Market Competition & Regional Dynamics - DeepSeek officially pushed out DeepSeek-V4-Pro and open-sourced DeepSeek Harness v0.1 [1] - Meta continues to experience core talent outflow within the artificial intelligence sector [1] - Domestic Chinese models demonstrate price advantages alongside capability gaps compared to competitors [1] Financial & Commercial Metrics - VIP paid community membership is priced at 500 USDT with permanent validity [1] - GMGN specialized registration channel offers a 20% transaction fee discount [1] - Binance and OKX exchanges provide transaction fee discounts of 20% and 30% respectively [1]

Portfolio Strategy and Investments - Pershing Square deployed **5 billion** dollars in cash opportunistically to build six new holdings during current market environments[3][44][50] - Bill Ackman initiated positions in Visa and Mastercard as a collective buy to capitalize on global payment networks[43][44] - Intercontinental Exchange is anticipated by Pershing Square to achieve low-to-mid-teens growth supported by favorable macro tailwinds[44] - Alcon is identified as a leading ophthalmology company projected to generate mid-teens earnings growth and multiple expansion[44] Market Trends and Sector Analysis - Semiconductors and tech hardware comprising **8%** of companies and **22%** of market capitalization drove nearly **85%** of S&P 500 year-to-date gains[48] - More than **90%** of companies in the S&P 500 collectively contributed less than **2%** of the overall index return[49] Company Performance and Valuation - Netflix stock experienced a **75%** drop from peak to trough during subscriber loss crises before rebounding significantly, with current expectations of nearly **20%** annual earnings compounding[11][22][35] - S&P Global valuation declined from **25** times to **19** times earnings per share following market concerns over artificial intelligence disintermediation[38] - Uber is on pace to grow earnings approximately **35%** this year while trading at a valuation multiple of **19** times earnings[45] - Meta is viewed as a clear beneficiary of artificial intelligence, driving accelerated revenue growth in core advertising and compute monetization[45]

Let's turn back to AI where earlier this week Meta founder Mark Zuckerberg posted another manifesto about 6,500 words in length. This one was about the importance of open-source AI models which Meta has remraed with the launch of Muse Glimmer this month and more to come. But Zuckerberg's manifesto has been widely met with skepticism and even derision.One tech news outlet calling it deranged. The Verge saying Mark Zuckerberg doesn't understand how to live. And our next guest calls it science fiction that is ...

>> "BLOOMBERG TECH" IS LIVE FROM THE HEART OF SILICON VALLEY, WITH ED LUDLOW IN SAN FRANCISCO. ED: THIS IS "BLOOMBERG TECH." COMING UP, ANTHROPIC IS REPORTEDLY EYEING ONE OF ITS BIGGEST ACQUISITIONS YET, A $6 BILLION DEAL FOR A. I.STARTUP DECART TO HELP IT SQUEEZE MORE PERFORMANCE OUT OF ITS COMPUTING INFRASTRUCTURE. PLUS, COREWEAVE WARNED INVESTORS THAT SHIFTING FROM ITS EXCLUSIVE USE OF NVIDIA A. I.CHIPS IS GOING TO COST THEM TIME AND MONEY. AND CERBERUS ALSO OUT WITH RESULTS, SHARES SLIDING AFTER UNDERWH ...

>> NOW STAY WITH US. THE NEWS CONTINUES RIGHT NOW. >> GOOD MORNING.IT'S 10 A. M. EASTERN AND 7 A.M. ON THE WEST COAST. I'M CHRISTINE ROMANS.LET'S GET YOU CURRENT BREAKING THIS MORNING, A WEATHER EMERGENCY IN THE MIDWEST. WATER RESCUES AND EVACUATIONS AS RAIN INUNDATES, INDIANA. WE'RE LIVE IN THE STORM ZONE.A DEADLY MILITARY HELICOPTER CRASH IN TEXAS. TWO SOLDIERS KILLED THE INVESTIGATION INTO WHAT CAUSED IT. NOW UNDERWAY.ALSO BREAKING THIS MORNING DISTURBING REPORTS OF DIRE CONDITIONS ON BOARD THE USS ABRAH ...