Meta Tries to Poach OpenAI Staff, David Sacks Weighs In On Genius Act
Bloomberg’s Caroline Hyde and Ed Ludlow discuss the impact of the stablecoin legislation that passed the Senate with White House AI and Crypto Czar David Sacks. Plus, Klarna CEO Sebastian Siemiatkowski talks about the startup's super-app ambitions; Zoox CEO Aicha Evans joins from the company’s new facility to mass-produce robotaxis; and OpenAI CEO Sam Altman claims Meta is offering bonuses as high as $100 million to OpenAI staffers to jump ships.See omnystudio.com/listener for privacy information.
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45:12
Chip Tax Credits Get Boost in Trump Tax Bill
Bloomberg’s Caroline Hyde and Ed Ludlow discuss how President Trump’s tax bill could boost investment credit for semiconductors to 30%. Plus, the CEO of Applied Intuition talks about how the startup plans to use its latest $600 million fundraising to make more moving machines self-driving. And the CEO of Purism says the company has spoken to the Trump family about supplying its made-in-the-USA smartphones to the new Trump mobile phone service.See omnystudio.com/listener for privacy information.
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43:00
Trump To Launch Mobile Services, Robots Learn the Physical World
Bloomberg’s Caroline Hyde and Ed Ludlow discuss the Trump family’s plan for a self-branded mobile phone service. Plus, Meta launches ads on the privacy-focused messaging service WhatsApp. And robotics firm 1X Technologies announces a new “World Model” to train robots on the physical world using data-driven simulations. See omnystudio.com/listener for privacy information.
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35:12
Meta's $14.3B Scale Investment, Apple's New Siri Launch
Bloomberg’s Caroline Hyde breaks down Meta’s plans to take a 49% stake in Scale AI and hire the startup's CEO, Alexandr Wang. Plus, the CEO of stablecoin network Circle discusses how the passing of the GENIUS Act could impact the payments space. And Apple targets the spring of 2026 for the launch of its revamped voice assistant Siri, as the iPhone maker plays catch-up in the AI race.See omnystudio.com/listener for privacy information.
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42:46
Micron Plans $200 Billion US Chip Spend, Chime IPO
Bloomberg’s Caroline Hyde and Ed Ludlow discuss Micron’s plans to spend $200 billion on U.S. chip manufacturing and R&D. Plus, Chime CEO Chris Britt discusses the company’s growth strategy as the company goes public. And Oracle’s earnings impress investors with its rising cloud sales.See omnystudio.com/listener for privacy information.
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