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Meta's $14.3B Scale Investment, Apple's New Siri Launch | Bloomberg Tech 6/13/2025
Bloomberg Technology· 2025-06-13 21:00
>> "BLOOMBERG TECH" IS LIVE FROM COAST-TO-COAST WITH CAROLINE HYDE IN NEW YORK AND ED LUDLOW IN SAN FRANCISCO. CAROLINE: THIS IS "BLOOMBERG TECH." META FINALIZES AN INVESTMENT IN SCALE AI. THE CEO IS PUMPING UP AGI EFFORTS.AGO BE SALES OUTLOOK TOPS ESTIMATES BUT NOT ENOUGH TO CALL INVESTORS' CONCERNED THAT IT IS LOSING THE AI RACE. AND STABLECOIN PLANS PUTS PRESSURE ON VISA AND MASTERCARD WE SPEAK WITH THE CEO CRYPTO FIRM CIRCLE. THERE IS A CLEAR GEOPOLITICAL RISK FOR INVESTORS.WITH AGO WHAT THE ISRAELI ATT ...
Meta Finalizes Investment and Acquihire of Scale AI
Bloomberg Technology· 2025-06-13 19:46
You brought us the idea that, of course, Alexander Wang was going to be part of this crucial team that Mark Zuckerberg is forming. This does seem to be yet another example of an acquired by big tech company. It does, because as you mentioned, Caroline, there is that $14.3% billion investment.But Alexander Wang is joining us. So are some of the other employees from scale. So while Medha is obviously, you know, now a 49% stakeholder and scale, it's taking the CEO over over to Metta.So a lot of people are sort ...
CNBC TechCheck Evening Edition: June 13, 2025
CNBC Television· 2025-06-13 19:04
This tech check briefing is sponsored by Comcast Business, powering possibilities. Happy Friday. I'm Dear Drosa and this is your CNBC tech check briefing.Scale AICO Alexander Wang telling employees in a memo that he's leaving to join Meta. The announcement comes days after reporting surfaced that the social media giant was spending more than 14 billion for a 49% stake in the AI startup. In the memo, Wang reveals that he will be staying on as a director to quote support Scale's long-term vision and that a sm ...
What Meta's Scale AI deal reveals about the battle for top AI talent
CNBC Television· 2025-06-13 18:32
Welcome back. We're heading back towards those session lows as you saw a moment ago. Meta also now making it official.Its investment in scale AI at 14.3% billion gives him just under half the stake 49%. The company's also on CNBC's new disruptor 50 list. And CEO Alexander Wang is now departing for a role at Meta.Dear Jabosa has more. So many people following this story. Dear Joe, and so many different angles.So, I'm going to hit just a few of them, but we could really have multiple tact segments on this. So ...
Scale AI CEO departs for Meta in Zuckerberg’s latest AI gambit
CNBC Television· 2025-06-13 17:28
Meta now making that investment in scale AI official with CEO Alexander Wang departing for a role at Meta. Our dear DOSA has more on the news in today's tech check. It's a big one D. It is a big one Carl.Good morning. So that memo that Alexander Wang posted yesterday to X. It makes clear that this meta deal is in fact another non-traditional aqua hire.So, it brings one of the most strategic players in AI inside Zuckerberg's tent while attempting to skirt regulators that are already pushing to break off past ...
Here's how to turn off public posting on the Meta AI app
CNBC· 2025-06-13 17:21
Core Insights - Meta has launched its AI app, which is now in direct competition with OpenAI's ChatGPT, but it has faced negative publicity and privacy concerns due to the nature of user prompts being shared publicly [2][7] User Privacy Concerns - The Meta AI app defaults to making user prompts public, leading to privacy issues as seen in examples of bizarre and personal prompts shared [3][4] - Users can adjust their privacy settings to prevent their prompts from being shared publicly by following specific steps in the app [5][6] Investment and Strategy - Meta has significantly increased its investment in AI, recently committing $14 billion to startup Scale AI, and has appointed its CEO, Alexandr Wang, to lead the company's AI strategy [7]
9点1氪:官方通报“罗某宇坠楼事件”;波音发布印度飞机事故最新声明;广州拟全面取消限购限售限价
36氪· 2025-06-13 16:34
Group 1 - The Shanghai Stock Exchange has approved the initial public offering of Dao Sheng Tian He Materials Technology (Shanghai) Co., Ltd. [2] - The China Securities Regulatory Commission has granted approval for Jiangxi Aifenda Heating Technology Co., Ltd. to register for its initial public offering on the ChiNext board [3] Group 2 - Guangzhou is proposing to fully cancel restrictions on home purchases, sales, and prices, aiming to better meet housing consumption needs [7] - The city plans to invest 100 billion yuan in the renovation of urban villages and old residential areas by 2025 [7] Group 3 - The opening of the first global store for Popop, an independent jewelry brand under Pop Mart, took place in Shanghai, featuring products from popular IPs with prices ranging from 319 to 2699 yuan [8] - The rental market for LABUBU collectibles has seen a significant increase, with search volume rising tenfold in June compared to May [8] Group 4 - Hanburger King China plans to close underperforming stores while simultaneously opening 40 to 60 new restaurants in core business districts of first and second-tier cities [12] - The company aims to reduce its total number of stores by 2025 due to the closure of unprofitable locations [12] Group 5 - Scale AI announced a significant new investment from Meta Platforms, raising its valuation to over $29 billion [19] - Adobe reported second-quarter revenue of $5.87 billion, exceeding analyst expectations, and raised its full-year revenue forecast [19]
Meta's Scale AI deal, Adobe earnings, Microsoft's record high: Analyst weighs in
Yahoo Finance· 2025-06-13 15:54
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 ...
OpenAI首席财务官表示他们将继续与人工智能初创公司Scale AI开展合作
news flash· 2025-06-13 12:29
OpenAI首席财务官表示他们将继续与人工智能初创公司Scale AI开展合作。 ...