Workflow
Alphabet hits intraday record high on $10B Meta cloud deal, Apple Gemini talks
CNBC Televisionยท2025-08-22 18:58

AI Talent War & Executive Movement - OpenAI's recruitment chief exited after a short tenure, amidst fierce competition for AI talent in Silicon Valley [2][3] - Meta paused hiring for its new AI division but poached a senior Apple executive, undergoing its fourth restructuring in six months [4] - Elon Musk attempted to recruit Mark Zuckerberg to finance an OpenAI takeover [3] Cloud Computing & Partnerships - Google Cloud signed a $10 billion deal with Meta, marking one of its largest ever and signaling a shift in the cloud market [5][6] - Apple is in early talks to use Google's Gemini to power a revamped Siri [7] - Google Cloud hosts Anthropic, OpenAI, and counts Apple as a cloud customer, indicating significant momentum [7] Crypto Market & Investment - Peter Thiel-backed crypto firm, formerly 180 Life Sciences (f z), saw its stock price decline by over 31% after a filing showed Thiel's fund and other major holders offering shares for resale [9] - The drop in f z stock is not impacting Ether, which rebounded to near record levels [10]