Bloomberg Tech

Meta's $14.3B Scale Investment, Apple's New Siri Launch

12 snips
Jun 13, 2025
Brody Ford, a tech industry reporter at Bloomberg, and Jomana Bisset, who specializes in geopolitical events, dive into Meta's eye-popping $14.3 billion investment in Scale AI to boost their competitive AI edge. They discuss the implications of AI advancements against a backdrop of rising geopolitical tensions, particularly the Israeli-Iranian conflict. The talk also covers Apple's ambitious plans to revamp Siri by 2026, focusing on personalized responses and new features that aim to keep them in the AI race. It's a lively exploration of tech's future!
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INSIGHT

Meta's Expensive AI Talent Grab

  • Meta’s $14.3 billion investment in Scale AI is mainly an expensive talent acquisition.
  • Meta is intensively focused on AI due to feeling behind competitors with Llama 4's underwhelming launch.
INSIGHT

Wang’s Network Boosts Meta

  • Alexander Wang brings AI expertise and influential Capitol Hill connections to Meta.
  • This relationship building hints at Meta's pivot towards government contracts and military tech collaborations.
INSIGHT

Investing in AI Needs Balance

  • AI is transformational but doesn’t guarantee good investments by itself.
  • Combining investments in both AI software builders and supporting tech like data centers broadens opportunity.
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