Meta’s new AI direction

The company may create a cloud computing business to help offset some of its spending ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

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. Top Stories End of an era: Sony will end production of physical discs for its PlayStation video-game consoles starting in January 2028. Gamers will need to download games going forward. Uber shakeup: The ride-hailing giant has dismissed two tech leaders at its AI data labeling division. The two-year-old unit has been positioned as a key growth driver. Apple’s search for memory: The iPhone maker is considering buying memory from two Chinese companies. The Trump administration may not like it. Must Reads US Lifts Export Restrictions on Anthropic’s Fable 5 AI Model The US government removed foreign access restrictions on Anthropic PBC’s Fable 5 artificial intelligence model, clearing it for wider distribution after the startup resolved the Trump administration’s safety concerns. Software Gains as Guggenheim Says AI No Sector ‘Death Knell’ Software shares rose on Wednesday after Guggenheim upgraded a trio of companies, saying fears that artificial intelligence poses a mortal threat to the sector are overdone. Musk Ally Gracias Eyes Bets in AI, Energy After SpaceX Windfall Antonio Gracias, a long-time SpaceX board member, is looking for more investments in artificial intelligence, energy and space after bets in Elon Musk’s company netted his fund nearly $100 billion. Beyond The Brief Meta’s idea to create a cloud computing business to provide outside access to its AI data centers is a safety hatch for the company as its spending continues to increase, Kurt Wagner reports in today’s Tech In Depth. Such a business could provide a new source of revenue that might come in handy if Meta’s plans for consumer AI don’t spark the sales it expects, he writes. 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 Cyber Bulletin Anti-migrant riots in Northern Ireland are being stoked by social media accounts in the US, the UK and elsewhere, Lorelei Smillie reports in this week’s Cyber Bulletin. Outside agitation through social media often exaggerates the amount of local protest of controversial issues, she writes. Sign up for the Cyber Bulletin newsletter for exclusive coverage inside the shadow world of hackers and cyberespionage ‒ and how businesses are playing defense. Before You Go... Apple Readies New iPad Pro, Redesigned Entry MacBook Pro for 2027 Apple Inc. is preparing an upgraded iPad Pro line and a redesigned entry-level MacBook Pro for next year, adding to a slate of several other major new products planned for the iPhone’s 20th anniversary year. 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 |