Thu. 08/01 – Now Meta’s AI Spending Is Fine? episode artwork

EPISODE · Aug 1, 2024 · 18 MIN

Thu. 08/01 – Now Meta’s AI Spending Is Fine?

from Tech Brew Ride Home · host Morning Brew

So I guess Zuck has convinced Wall Street that all the capex spending on AI is fine. How good a business is Tether? A gooooood business. The first arrival of Apple Intelligence is sort of a ho-hum for now. And how sports is completely transforming the streaming wars battlefield. Links: Meta’s Lesson in Allaying Wall Street’s A.I. Fears (Dealbook/NYT) Meta’s AI Costs Surge as Digital Advertising Revenue Grows (WSJ) Reddit CEO says Microsoft needs to pay to search the site (The Verge) Tether Nets $5B Profits This Year, Says Its US Debt Holdings Surpassed Germany's (CoinDesk) A first look at Apple Intelligence and its (slightly) smarter Siri (The Verge) Disney, Fox and Warner Bros. Discovery’s Sports Streamer Venu to Launch at $42.99 per Month (Variety) How the NBA’s Slam-Dunk Deals Will Reshape TV (The Hollywood Reporter) Learn more about your ad choices. Visit megaphone.fm/adchoices

So I guess Zuck has convinced Wall Street that all the capex spending on AI is fine. How good a business is Tether? A gooooood business. The first arrival of Apple Intelligence is sort of a ho-hum for now. And how sports is completely transforming the streaming wars battlefield. Links: Meta’s Lesson in Allaying Wall Street’s A.I. Fears (Dealbook/NYT) Meta’s AI Costs Surge as Digital Advertising Revenue Grows (WSJ) Reddit CEO says Microsoft needs to pay to search the site (The Verge) Tether Nets $5B Profits This Year, Says Its US Debt Holdings Surpassed Germany's (CoinDesk) A first look at Apple Intelligence and its (slightly) smarter Siri (The Verge) Disney, Fox and Warner Bros. Discovery’s Sports Streamer Venu to Launch at $42.99 per Month (Variety) How the NBA’s Slam-Dunk Deals Will Reshape TV (The Hollywood Reporter) Learn more about your ad choices. Visit megaphone.fm/adchoices

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Thu. 08/01 – Now Meta’s AI Spending Is Fine?

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So I guess Zuck has convinced Wall Street that all the capex spending on AI is fine. How good a business is Tether? A gooooood business. The first arrival of Apple Intelligence is sort of a ho-hum for now. And how sports is completely transforming...

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