Slate Money | Peak AI Frenzy

Slate News

Slate Podcasts

News, News Commentary, Politics

4.6 • 6K Ratings

🗓️ 14 June 2025

⏱️ 50 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This week: Warner Brothers and Discovery breakup again. Felix Salmon, Emily Peck and Elizabeth Spiers examine the undoing of the three-year-old merger. Then, the hosts discuss runaway AI valuations as Meta spends billions on AI and xAI raises equity off a multi-billion dollar valuation. And finally, what effects are Trump’s aggressive immigration policies having on the economy? In the Slate Plus episode: What happened to happy hour? Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hello and welcome to Slate Money, your guide to the business and finance news of the week. I'm Felix Salmon.
0:21.3	I'm here with Elizabeth Spires, who has many jobs, at least one of which is New York Times
0:25.7	related.
0:26.2	Hello.
0:26.8	Emily Peck of Axios.
0:28.8	Hello.
0:29.4	Hello.
0:29.6	Hello.
0:29.8	We are going to talk about the latest M&A news out of the media world, which is Warner Brothers Discovery breaking up into two parts.
0:40.6	Why it's doing that, what it all means, what it means for David Zazlav.
0:44.4	We are going to talk about AI and the crazy valuations that are being raised right now,
0:51.1	or used or monetized, whatever you want to call it.
0:53.6	We are going to talk about Donald Trump's immigration crackdown
0:57.4	and whether and when it's going to have major economic consequences.
1:01.3	We have a Slate Plus segment on going out for drinks after work,
1:07.6	which is apparently something that doesn't happen anymore.
1:10.5	It's all coming up on Slate Money.
1:20.5	Hey, Spotify, is Dampson Idris here to celebrate Tommy Hilfiger's Apex GP collection.
1:26.5	Fueled by the thrill of speed and the power of style,
1:29.3	Tommy Hill Figures a capsule collection
1:30.3	merges performance-driven design with limitless confidence.
1:33.3	This isn't just a lot.
	...

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