Meta Turns to Nuclear Power to Run AI
Bloomberg Technology
Bloomberg
4.5 • 49 Ratings
🗓️ 3 June 2025
⏱️ 47 minutes
🧾️ Download transcript
Summary
Bloomberg’s Caroline Hyde and Ed Ludlow discuss Meta’s plans to buy nuclear power from Constellation Energy. Plus xAI is selling $5 billion in debt, the latest in a series of fundraising efforts across Elon Musk’s business empire. And former Tesla executive Drew Baglino talks about his new startup Heron Power, aiming to upend the transformer industry.
See omnystudio.com/listener for privacy information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | This is an IHeart podcast. |
| 0:04.1 | Discover how one of China's largest financial services companies |
| 0:07.8 | serves 240 million customers with AI-powered solutions. |
| 0:12.9 | Hear from Pingan's co-CEO and chief scientist. |
| 0:16.8 | We're on a gold mile of data. |
| 0:18.7 | Integrated to provide tailored solutions to our customers. |
| 0:22.0 | Public domain tax 3.2 trillion tokens, 7.5 billion images. |
| 0:27.0 | Tune in to our technology-powered growth podcast. Find it at group.pignan.com, Spotify or Apple Podcasts. |
| 0:34.3 | The data that matters for your investments. The entire auto sector is higher today. |
| 0:39.7 | And analysis on the companies making news on Wall Street. Tesla's been a stock that's been in |
| 0:44.0 | focus. Shears have really been all over the map this morning. Listen to the stock movers report from |
| 0:48.9 | Bloomberg. Let's talk about some other decliner. It's your short audio report on the day's |
| 0:53.8 | winners and losers in the stock market. |
| 0:55.9 | Second biggest driver in terms of points for the S&P 500. |
| 0:59.0 | Subscribe to the Stockmovers report on Apple Podcasts, Spotify, or wherever you listen. |
| 1:05.0 | From the heart of where innovation, money, and power collide in Silicon Valley and beyond, this is Bloomberg Technology with Caroline Hyde and Ed Ludlow. |
| 1:17.5 | Thank you. Live from New York and San Francisco, this is Bloomberg technology. |
| 1:34.3 | Coming up, Meta goes nuclear and buys nuclear power from Constellation Energy for its AI needs. |
| 1:40.3 | Plus Elon Musk selling $5 billion in debt for his own AI startup XAI with Morgan Stanley |
| 1:47.0 | shopping that debt. And we sit down with Drew Baglino, former Tesla executive, who's out with his |
| 1:52.4 | new startup, Heron. But first we check in on these markets and look energy dictating trade in many |
| 1:57.4 | ways in the tech news. But there's energy in some of the benchmarks. We're looking at theDA now up six-tenths of percent, Ed. This is as we see the jobs done must just coming in, |
... |
Transcript will be available on the free plan in 5 days. Upgrade to see the full transcript now.
Disclaimer: The podcast and artwork embedded on this page are from Bloomberg, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Bloomberg and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.