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Facebook Gets Deeper Into Virtual Reality

Nov.26 — Facebook Inc. is acquiring the studio behind Beat Saber, a popular virtual-reality game that mixes music, lightsabers and dancing into one experience, for an undisclosed price. Bloomberg’s Kurt Wagner has more on “Bloomberg Daybreak: Asia.”

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Nov.26 — Facebook Inc. is acquiring the studio behind Beat Saber, a popular virtual-reality game that mixes music, lightsabers and dancing into one experience, for an undisclosed price. Bloomberg’s Kurt Wagner has more on “Bloomberg Daybreak: Asia.”

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9 Comments

9 Comments

  1. Melvin Butters

    November 27, 2019 at 1:10 am

    When will the monopoly stop

    • Raymond Spicer

      November 27, 2019 at 1:32 am

      Melvin Butters THATS THE GAME PLAN..BUY OUT THE COMPETITION..FAANG HAS ACCESS TO CAPITAL..

    • Lee

      November 27, 2019 at 2:11 am

      A hardware company buying a gaming studio isn’t a big deal. Xbox and Sony do it all the time.

  2. NV_1790

    November 27, 2019 at 1:13 am

    Finally! I have been hoping they buy a studio for years!

  3. Lee

    November 27, 2019 at 2:10 am

    If FB is listening, I WANT the Oculus Quest. I’m just waiting for the next gen because the chip you put in it is embarrassingly low budget. Snapdragon 835? It’s year 2019, not 2016.

  4. VirtuaMe

    November 27, 2019 at 2:47 am

    PS. It’s ‘Oculus Studios’ not ‘Oculus Studio’.

  5. Investing Education

    November 27, 2019 at 3:43 am

    Nice, long fb

  6. Halen Wasser

    November 27, 2019 at 4:36 am

    please dont hurt custom songs 🙁

  7. HKD

    November 27, 2019 at 10:13 pm

    Release GTA San Andreas 2 on VR and Facebook will change life as we know it.

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Bloomberg Technology

Crusoe CEO: Data Center Indusry Has a ‘Marketing Issue’

Crusoe CEO Chase Lochmiller discusses the AI infrastructure company’s nearly $4 billion in fresh funding sending its valuation to almost $31 billion. He also discusses how it will fuel the company’s push to build AI infrastructure spanning data centers, cloud computing and managed AI services. He says Crusoe could eventually enter the public markets and…

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Crusoe CEO Chase Lochmiller discusses the AI infrastructure company’s nearly $4 billion in fresh funding sending its valuation to almost $31 billion. He also discusses how it will fuel the company’s push to build AI infrastructure spanning data centers, cloud computing and managed AI services. He says Crusoe could eventually enter the public markets and pushes back against growing opposition to data centers, arguing the industry has a “marketing issue” and needs to better communicate its impact on water, jobs and local tax revenue. He joins Ed Ludlow on “Bloomberg Tech.”
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Former FTC Technologist Warns Against an AI ‘Cartel’

As frontier AI labs seek greater coordination on safety, Neil Chilson, Head of AI Policy at the Abundance Institute and former FTC Chief Technologist, warns that government-backed antitrust exemptions could create a durable “cartel” that ultimately harms competition. He argues companies can collaborate on safety standards without suspending antitrust rules, and that existing consumer-protection and…

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As frontier AI labs seek greater coordination on safety, Neil Chilson, Head of AI Policy at the Abundance Institute and former FTC Chief Technologist, warns that government-backed antitrust exemptions could create a durable “cartel” that ultimately harms competition. He argues companies can collaborate on safety standards without suspending antitrust rules, and that existing consumer-protection and liability laws already provide tools for addressing harms caused by AI. He joins Ed Ludlow on “Bloomberg Tech.”
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Anthropic Investor Franklin: AI Safety Concerns Won’t Slow Spending

Calls to “pace” development at the AI frontier are unlikely to translate into a slowdown in infrastructure spending, according to Sara Araghi, Franklin Templeton Portfolio Manager and Franklin Venture Partner. She argues that even if labs temper some model training, growing inference demand will continue to require enormous amounts of compute. Araghi also discusses why…

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Calls to “pace” development at the AI frontier are unlikely to translate into a slowdown in infrastructure spending, according to Sara Araghi, Franklin Templeton Portfolio Manager and Franklin Venture Partner. She argues that even if labs temper some model training, growing inference demand will continue to require enormous amounts of compute. Araghi also discusses why heightened AI safety concerns could boost demand for cybersecurity and why she doesn’t expect the debate to derail funding or anticipated AI IPOs. She joins Ed Ludlow on “Bloomberg Tech.”
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