Meta's Scale AI deal, Adobe earnings, Microsoft's record high: Analyst weighs in

Meta finalizing its deal with Scale AI, investing $14 billion in hiring the company's CEO, Alexander Wang. Meta will have a 49% stake in the artificial intelligence startup. Joining me now, we've got Gil Lauria, who is the DA Davidson, head of technology research.So, Gil, just take us into your assessment of what this means in effectiveness for Meta and their own ambitions with AI. This is uh unbelievable. Uh it tells you that uh Mark Zuckerberg thinks that having one of the most competitive AI models is th ...