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Bloomberg’s Ed Ludlow breaks down Meta's plans to boost AI spending and release new Class C shares to ensure CEO Mark Zuckerberg stays in California if a wealth tax is passed. Plus, Tesla reported strong profit, but a big cut to its spending plans is raising questions about Elon Musk's AI, robotaxi and robotics goals for the company as it weighs a potential merger with SpaceX. And OpenAI's models helped find a potentially catastrophic software vulnerability. OpenAI President Greg Brockman and Cloudflare CEO Matthew Prince explain how AI is enabling both defenders and hackers.
00:00:00 - Bloomberg Tech Begins
00:01:27 - Alexandra Levine on Meta Boosting Capex Plan
00:04:36 - Minda Smiley, EMarketer on Meta Monetizing Muse
00:09:35 - Ben Harwood, New Street Research on Tesla After Earnings
00:14:57 - Craig Trudell on Musk Eyeing Tesla-SpaceX Deal
00:17:53 - Fatima Boolani, Citi on IBM Earnings
00:23:33 - Alison Porter, Janus Henderson Investors on Meta Credit Risk
00:34:16 - Greg Brockman, OpenAI President & Matthew Prince, Cloudflare CEO
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"Bloomberg Technology" is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.
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