Meta Boosts Equity Offering, Raising Its AI Bet & Andruil Founder Palmer Luckey
· 46 min
Episode Meta Boosts Equity Offering, Raising Its AI Bet & Andruil Founder Palmer Luckey
Bloomberg’s Ed Ludlow takes a look at Meta's plan to boost its equity offering to almost $98 billion, one of the largest ever, as it raises its bet on AI. Plus, Anthropic's IPO could be a defining test for the AI boom, as its S-1 filing reveals staggering growth, spending and losses. And, Anduril founder Palmer Luckey explains why the defense tech firm is teaming up with chipmaker Qualcomm to build a laptop with a US supply chain.
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