Ed Ludlow

This compute needed as Meta debuts its first closed AI model from the new superintelligence group called MuSpark.

We'll discuss how it used China's Quan model to train it.

and all eyes on Anthropic as it closes an insider share sale that leaves some investors without the stakes they wanted.

Meanwhile, we look at what the market is up to today because once again, pessimism, risk aversion, concerns that there's a moving away, a backtracking by the US and Iran about any sort of peace talk or end to this conflict.

We're currently up down six tenths of a percent, though on in particular moves on certain stocks.

So as we move out from the macro and into the micro, we talk about CoreWeave,

Another huge deal with Meta, $21 billion worth.

It's going to be issuing its own debt on the back of that.

We're going to dig into that as why we sink perhaps a little bit on this stock.

But Meta up 3%.

And Ed, this is notable on the back of a move of not only to be getting more compute, but why it's using that compute, Ed.

Yeah, two days, two different stories.

Meta unveiled a new AI model, the company's first since that multi-billion dollar overhaul of the AI lab.

And in reaction to that news, in yesterday's session, the stock jumping 6%.

Today, the CoreWeave news also a catalyst to push the stock higher up 10% on a three-day basis.

Let's bring in Bloomberg's Riley Griffin, who leads the coverage of Meta.

Very simple.

You know, they need NeoClouds.

They need CoreWeave for the compute.

Give us the basics of this deal.