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Meta Expands AI Compute Deal, Nvidia GTC Kicks Off | Bloomberg Tech 3/16/2026

Bloomberg’s Caroline Hyde and Ed Ludlow discuss the rise in Meta’s shares following reports that the social media giant is planning big layoffs and news that it has expanded a compute deal with neocloud Nebius. Plus, OpenAI is in advanced talks to form a joint venture with private equity firms to boost enterprise adoption of…

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Bloomberg’s Caroline Hyde and Ed Ludlow discuss the rise in Meta’s shares following reports that the social media giant is planning big layoffs and news that it has expanded a compute deal with neocloud Nebius. Plus, OpenAI is in advanced talks to form a joint venture with private equity firms to boost enterprise adoption of its AI software. And, Nvidia kicks off its developers’ conference, GTC, with all eyes on the global outlook for AI.

Chapters:
00:00:00 – Intro
00:08:40 – Nvidia Aims to Impress Investors at GTC
00:23:42 – Market Braces for Mega IPOs to Come
00:31:10 – Forrester Analyst Allie Mellen
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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6 Comments

6 Comments

  1. @vme90-y7l

    March 16, 2026 at 2:16 pm

    I wonder if all the Meta employees are gonna be fired we remember all the bullshit about this is the Meta family you’re one of our family members

  2. @foodbythewordmedia

    March 16, 2026 at 3:15 pm

    I think it is possibly safe to say that the Meta level companies and alike companies will be come increasingly less dependent on employing labor year over year going forward! And will only use contractors as needed. I feel this is the framework.

  3. @royed31

    March 16, 2026 at 5:53 pm

    Ed makes it all about him

  4. @BalesSienicki

    March 16, 2026 at 10:20 pm

    Big week for AI infrastructure. When companies like Meta Platforms expand compute deals while Nvidia kicks off Nvidia GTC, it really highlights how the AI race is increasingly about who can secure the most compute. Models get the headlines, but GPUs, data centers, and power capacity are becoming the real strategic assets.

    It’ll be interesting to see how this scales over the next few years as more companies compete for the same infrastructure. The demand for AI compute doesn’t look like it’s slowing down anytime soon. 🚀

  5. @aqyldy-areket

    March 17, 2026 at 2:18 am

    Artificial intelligence research should be conducted around the following three key ideas:
    1.The structure of information
    2.Quantum processes
    3. Social factors

  6. @Lockhart4X

    March 17, 2026 at 8:21 pm

    So basically OpenAI is trying to get companies to replace people with ChatGTP capabilities

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Meta Platforms, parent company of Facebook, has released a long-awaited artificial intelligence model called Muse Wonder. This model is said to be competitive with OpenAI’s ChatGPT and Anthropic’s Claude. Meta stock rose on the news. Mandeep Singh of Bloomberg Intelligence has more.
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Tesla’s Cybercab will make its first appearance in Europe at the Paris Motor Show this week. Elon Musk is trying to expand the company’s footprint outside of the US. Bloomberg’s Detroit Bureau Chief David Welch reports on Musk’s ambitions and challenges.
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Odd Lots: How OpenAI’s Rogue Model Hacked Hugging Face

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On this episode of the Odd Lots podcast, Nate Soares, president of the Machine Intelligence Research Institute, joins Joe Weisenthal and Tracy Alloway to talk about how a rogue OpenAI model hacked Hugging Face and why he thinks humanity’s demise in the hands of superintelligent AI is inevitable.
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