Ed Ludlow

And it's every other day that we talk about a new and updated model.

So dig into the model and the Muse Spark and why this is so significant for the beefed out super intelligence labs.

The stock reaction, one point yesterday in the session, the stock's up almost 10%.

It was pretty big how the market reacted to the release.

Very interesting.

MuseSpark was trained using several third-party open source models, but that included Quen from Alibaba, a Chinese technology company.

Why is that significant and what do we need to know about that?

It's interesting after their purchase of Manus as well.

Fascinating.

Riley Griffin with all the news on the compute as well as why they're getting the compute.

Let's go back to the compute side.

CoreWeave, Meta, latest deal, an additional $21 billion agreement that will see CoreWeave supply computing power

to meta through 2032.

Let's bring in Robert Schiffman of Bloomberg Intelligence to discuss the financing of the deal, because interestingly, CoreWeave also plans to offer, what, $3 billion in convertible senior notes due 2032, $1.25 billion also in credit, and maybe that's why the stock's down a bit, because of the convertible note.

But it's not $21 billion worth.

How is this all being financed?

Robert, we're showing your research.

You publish very quickly when the news headlines hit and you give the credit perspective.

And that line in the middle there, Meta and Corweave likely to continue to tap debt markets.

Why do they need to keep doing that?