Zuckerberg Directs Pivot Away From Open Source AI At Meta

Zuckerberg Directs Pivot Away From Open Source AI At Meta

Watch Scarlet and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.

Bloomberg Intelligence hosted by Paul Sweeney and Kristine Aquino

--Ed Ludlow, BTech Co-Anchor, discusses Meta Platforms’ Mark Zuckerberg getting personally involved in day-to-day work and pivoting the company's focus to an artificial intelligence model it can make money off of. He also talks about SpaceX moving ahead with plans for an IPO.

- Matthew Bloxham, Bloomberg Intelligence Tech Analyst, discusses Bloomberg Intelligence’s survey on AI’s cross industry disruption. AI is no longer a side project, with C-suites across nine industries racing to wire it into their business cores and 36% making it their top priority, driven more by fear of disruption than promise of growth or head-count cuts, a Bloomberg Intelligence survey finds.

-Diana Rosero Pena, Bloomberg Intelligence Consumer Staples Analyst, discusses Chewy earnings. Chewy Inc.’s third-quarter earnings exceeded Wall Street estimates, as its loyalty program and subscription service helped drive faster active customer growth. The results suggest that even budget-pressed shoppers are staying committed to their pets and gravitating toward Chewy’s services, which include the Autoship subscription program and telehealth.

-Michael Halen, Bloomberg Intelligence Senior Restaurant and Foodservice Analyst, recaps Cracker Barrel earnings. Cracker Barrel Old Country Store Inc. expects sales to fall faster than it previously forecast, showing the country-themed restaurant chain is still struggling following backlash to its failed logo change earlier this year.

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Episoder(3486)

Meta Sees Trillion-Dollar Threat in Social Media Trial

Meta Sees Trillion-Dollar Threat in Social Media Trial

Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu -David Kirkpatrick, Founder of Techonomy, discusses the Meta youth...

18 Aug 22min

Family Offices Amass $3.8 Billion SpaceX Bet in Boost for Musk

Family Offices Amass $3.8 Billion SpaceX Bet in Boost for Musk

Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Intelligence hosted by Paul Sweeney and Stacey Vanek Smith-Yiqin Shen, Bloomberg Equities Reporter, discusses 13F fil...

17 Aug 24min

Bloomberg Money: 'Gold Has Been in Bull Market for 25 Years'

Bloomberg Money: 'Gold Has Been in Bull Market for 25 Years'

Bloomberg Money takes the pulse of your financial life, powered by the reporting of our global newsroom. This week's guests include: Mike Wilson, Morgan Stanley Chief US Equity Strategist/CIO Kristen...

15 Aug 37min

OpenAI’s Revenue Run Rate Tops $40 Billion Ahead of IPO

OpenAI’s Revenue Run Rate Tops $40 Billion Ahead of IPO

Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu-Matthew Bloxham, Bloomberg Intelligence Senior and Tech Analyst, d...

14 Aug 21min

Anthropic in Talks to Buy Startup Decart for $6 Billion

Anthropic in Talks to Buy Startup Decart for $6 Billion

Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Intelligence hosted by Paul Sweeney and Lisa Mateo-Ed Ludlow, Bloomberg Tech Anchor, discusses Anthropic being in tal...

13 Aug 25min

CoreWeave Shares Soar After Booming AI Demand Boosts Outlook

CoreWeave Shares Soar After Booming AI Demand Boosts Outlook

Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Intelligence hosted by Paul Sweeney and Stacey Vanek Smith-Anurag Rana, Senior Tech Analyst for Bloomberg Intelligenc...

12 Aug 26min

Apollo Inks $2.6 Billion Financing Deal With NY Yankees

Apollo Inks $2.6 Billion Financing Deal With NY Yankees

Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Intelligence hosted by Paul Sweeney and Alexis Christoforous-- Randall Williams, Bloomberg Business of Sports Reporte...

11 Aug 21min

Intel to Sell $15 Billion in Stock After AI Boosts Demand

Intel to Sell $15 Billion in Stock After AI Boosts Demand

Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Intelligence hosted by Paul Sweeney and Stacey Vanek Smith-- Matthew Bloxham, Bloomberg Intelligence Senior and Tech ...

10 Aug 22min

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