Kurt Wagner
@KurtWagner8
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Covering social media, Facebook + X/Twitter for Bloomberg @Business. Author of “Battle for the Bird.” DMs are open. Go Seahawks. Go M’s. Signal: kurtwagner.08
San Francisco
Joined August 2011
🚨 It's Pub Day 🚨 Truly ecstatic to share that my new book, "Battle for the Bird," is officially out! If you've ever cared about Twitter - or wondered "how did we get here?" - this book is for you! I hope you'll give it a read! https://t.co/8iq27105HL
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NEWS: Meta expected to meaningfully cut resources for Metaverse, sources say. Execs considering 30% for the metaverse group next year, which includes the virtual worlds product Meta Horizon Worlds and its Quest virtual reality unit, reports @KurtWagner8 $META +6% in pre
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"I wish we had explored it a few years ago." Head of @Instagram Adam @mosseri tells @KurtWagner8 that it was a "mistake" for Meta not to have explored a TV app earlier at the #BloombergScreentime event https://t.co/SRNm6rWqh8
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AI-written notes will still be reviewed by humans before they show up publicly
X will start to publish Community Notes written by artificial intelligence agents, a move to increase the speed of the social network’s fact-checking product and expand it to reach more people. @KurtWagner8
https://t.co/ca00HszgzO
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X will start to publish Community Notes written by artificial intelligence agents, a move to increase the speed of the social network’s fact-checking product and expand it to reach more people. @KurtWagner8
https://t.co/ca00HszgzO
bloomberg.com
Elon Musk’s X will start to publish Community Notes written by artificial intelligence agents, a move to increase the speed of the social network’s fact-checking product and expand it to reach more...
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he did it... X has a new head of product
Ladies and gentlemen, I've officially posted my way to the top: I'm joining @X as Head of Product. 𝕏 is the most important social network in the world. It's where internet culture originates and where the world's most influential people convene. Finding my community and
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Here are more details on the new group (gift link): https://t.co/XB8XfSEIze
bloomberg.com
Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg announced a major restructuring of the company’s artificial intelligence group, including a commitment to developing AI “superintelligenc...
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New: Mark Zuckerberg just announced a major AI reorg internally at Meta. Everything now falls under a new group called "Meta Superintelligence Labs, which will be run by Alexandr Wang & Nat Friedman. Zuck also announced 11 new hires, including several from OpenAI & DeepMind
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Zuckerberg’s “superintelligence” group is growing. I count seven known hires from OpenAI so far, including these four
Meta Platforms Inc. has hired four notable artificial intelligence researchers from OpenAI, ramping up a hiring spree for its Superintelligence group.
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Scoop: Meta had acquisition conversations with Perplexity last month. Talks fell through and Perplexity raised at a $14B valuation. Meta invested that amount in https://t.co/jeI2rTF8Jx instead https://t.co/zXNRvvv5oi w/ @markgurman @rileyraygriffin
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New: Meta's ScaleAI investment is finalized. Full Meta-Scale AI investment story is here (gift link)... w/ @shiringhaffary @rachelmetz
https://t.co/ChWhn00ceE
bloomberg.com
Meta Platforms Inc. has finalized a multibillion-dollar investment in Scale AI and recruited the startup’s chief executive officer to join its artificial intelligence efforts — an unusual deal that...
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NEW: Meta's Scale AI investment is done. * $14.3B invested * $29B valuation * Scale CEO Alexandr Wang is joining Meta in an senior AI role
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NEW: More details on Meta's new "superintelligence" team Meta has hired top Google DeepMind researcher @jack_w_rae and Johan Schalkwyk, ML lead of popular voice assistant app, Sesame. Plans to hire up to 50 ppl, including a chief scientist, per sources. w/ @KurtWagner8
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Some great new details on Zuckerberg's efforts to create a new "superintelligence group" at Meta from @rileyraygriffin & @KurtWagner8
bloomberg.com
Mark Zuckerberg, frustrated with Meta Platforms Inc.’s shortfalls in AI, is assembling a team of experts to achieve artificial general intelligence, recruiting from a brain trust of AI researchers...
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A scoop big enough to post on a Saturday night! $meta in talks to invest more than $10b in scale ai! https://t.co/jb3NDPUL2T w/ @davidcarnevali @shiringhaffary @KurtWagner8
bloomberg.com
Meta Platforms Inc. is in talks to make a multibillion-dollar investment into artificial intelligence startup Scale AI, according to people familiar with the matter.
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@elonmusk Will any of this work? Stay tuned...so far, results have been minimal. Zuckerberg, for example, still had to testify for three days in DC last month while the US government tries to break up his company. Trump could theoretically help, but so far hasn't (cc @alexbruesewitz)
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A motivating factor, we're told, is Zuck watched @elonmusk do pretty much whatever he wanted wrt politics & was rewarded. Zuck donated $400m to pollsters & was attacked. Musk donated $250m to Trump & gained immense power Zuck developed a sense of "Elon Envy," sources say
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Employees, too, were not all impressed with eliminating DEI, cutting back content rules & bringing more "masculine energy" to the workplace. Zuck was challenged on this by senior leaders during a Q&A in Jan, including an exchange where he was asked to define "masculine energy"
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This story is based on conversations with 50+ people and includes a lot of fun new details. For example, Zuckerberg's relationship with Biden was incredible contentious. Biden even had colorful nicknames for the Facebook founder, including "Little Twerp" and "F---erberg"...
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🚨 New Businessweek Feature 🚨 What is behind Mark Zuckerberg's rightward swing toward President Trump? I'd wager it's less about personal politics, and more about a finely tuned sense of self-preservation... w/ @rileyraygriffin (gift link) https://t.co/1P4qFR4YOq
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Elon Musk struck a deal with Visa, naming the payments company the first major partner on his mission to turn X into an “everything app” -- great story by @PaigeSmithNews and @KurtWagner8
bloomberg.com
Elon Musk struck a deal with Visa Inc., naming the payments company the first major partner on his mission to turn X into an “everything app.”
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