Caroline Hyde

Dara Amadei was making these comments in an interview at the New York Times Dealbook Summit yesterday.

Bloomberg's AI editor Seth Feigman is here to break down why 50 billion that they've just said they're going to be spending on data centers and ecosystem is not a YOLO, whereas maybe some others in the space are.

probably helps with profitability more in line with the future and therefore an IPO more in line with the future.

We have seen a lot of reporting about potentially Anthropic looking to tap the public markets.

Time now for Talking Tech.

First up, shares in Netflix under pressure today.

According to CNBC report, the streaming giant is actually the frontrunner for Warner Brothers' discovery in the bidding.

With a cash offer that covers some 85% of the deal, we understand bidding is expected to wrap up early next week.

Plus, Morgan Stanley is said to be considering offloading some of its data center exposure via a significant risk transfer.

According to sources, the bank has held preliminary talks with its potential other investors about the transfer and is also exploring other ways to hedge part of its data center risk.

And the EU, well, it's investigating the rollout of new AI-related policies by Meta's messaging service, WhatsApp.

Regulators are reportedly weighing interim measures, including a temporary ban, alleging that WhatsApp's AI tools may soon unfairly block rival AI providers from offering their services through the platform, Ed.

Okay, Minda, let's go to, therefore, the vast amounts of money being spent on the AI focus.

And that's what's got investors riled, worried about the amount of debt that's going to have to be deployed, the potential move to negative cash flow, for example.

Is that wise?

When you're thinking about the intertwining of AI with social media, for Meta it really paid off because it was more effective and advertisers loved it.

But what about actually our use cases and how super intelligence is going to win for their business model?

People are really using AI within WhatsApp, within Instagram.

And then there's the issue of competition and whether they're stifling it.

Over in the EU, they're worried about perhaps some policy changes to what they're offering of which companies who basically integrate in the API.