Meta sees AI agents as life assistants

AI chief Wang says agents will redefine our relationship with technology ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Here’s your wrap of the latest must-read tech news. For more expansive and analytical coverage from around the globe, get the Tech In Depth newsletter. Market Snapshot International Business Machines Corp $301.77 -1.3% Amazon.com Inc $253.79 +1.5% Broadcom Inc $418.91 -13% Market data as of 01:05 AM ET. Data is subject to provider delays. Your watchlist Top Stories Amazon’s rough road in India: More than a decade after entering India, the e-commerce giant’s business has faced more challenges than expected. It occupies an awkward middle position in the market. New AI entry: Airbnb co-founder and Chief Executive Officer Brian Chesky is starting a new artificial intelligence lab. It’s a crowded field. Whistleblower claims: IBM and AT&T’s computer systems were repeatedly breached by foreign hackers, according to a lawsuit from a former IBM cybersecurity official. The suit was recently unsealed and offers a rare account of alleged security failures. Top Reads Broadcom Slides Most Since January 2025 on AI Outlook Miss Broadcom Inc. shares plunged by the most in more than 16 months after the company’s forecast for sales of its artificial intelligence chips disappointed investors. TSMC Warns Chip Supply Won’t Meet AI-Fueled Demand for Years Taiwan Semiconductor Manufacturing Co.’s global chip supply will fall short of AI-fueled demand for years to come, chief executive officer C.C. Wei said, suggesting production capacity remains a key bottleneck in the buildout of global computing infrastructure. Wall Street Sees SpaceX’s AI Revenue 100 Times Higher by 2030 Research analysts across Wall Street are telling would-be SpaceX IPO buyers that they’re modeling for the company’s artificial intelligence division to see 100 times revenue growth at the end of the decade, to help justify a targeted $1.8 trillion valuation. Beyond The Brief Meta’s AI chief Alexandr Wang says the company is building AI agents that will help people run their lives, Kurt Wagner reports in today’s Tech In Depth. Wagner interviewed Wang at the Bloomberg Tech conference in San Francisco and the Meta executive acknowledged that makers of AI models must overcome mistrust about the technology if tools like agents are to gain wide acceptance. Get the Tech In Depth newsletter for analysis and scoops about the business of technology from Bloomberg’s journalists around the world. This Week In Soundbite The conventional wisdom is that celebrities should stay mum on politics or risk alienating a hefty chunk of their fan base, writes Ashley Carman in this week’s Soundbite. Bruce Springsteen isn’t listening — and it’s paying off, she writes. Sign up for the Soundbite newsletter to get exclusive reporting on podcasting, the music industry and audio trends from Ashley Carman. Before You Go... Technology Shark Tank Star Shrinks Data Center Footprint After Backlash A proposed Utah data center that would have been almost three times the size of Manhattan will be drastically scaled back after pressure from lawmakers. Read more We’re improving your newsletter experience and we’d love your feedback. If something looks off, help us fine-tune your experience by reporting it here. Follow Us You received this message because you are subscribed to Bloomberg’s Tech In Brief newsletter. If a friend forwarded you this message, sign up here to get it in your inbox. Unsubscribe Bloomberg.com Contact Us Bloomberg L.P. 731 Lexington Avenue New York, NY 10022 |