The AI Trade
Summary
Microsoft surged 15% on record cloud growth, while Meta dropped 10% amid AI spending concerns. A hedge fund founded by ex-OpenAI researcher Leopold Aschenbrenner faces margin calls after AI stock losses. The EU designated ChatGPT and Roblox under strict Digital Services Act rules. Finally, airlines are using AI for dynamic pricing, potentially raising fares for travelers.
Topics discussed
Sponsor: Accenture and Spotify ad operations
Show intro and daily tech headlines
Microsoft earnings: Cloud growth and Copilot users
Meta earnings: AI spending and cloud plans
Samsung earnings: AI chip demand surge
Situational Awareness hedge fund margin calls
Sponsor: Toyota trucks
Sponsor: Even G2 smart glasses
Sponsor: Scribe workflow AI
EU DSA designates ChatGPT and Roblox
AI-driven airline pricing strategies
Sign-off and SVB/First Citizens ad
Listen ad-free on Castria