Big Take

Tesla disclosed this week that it had fallen short of its targets for AI infrastructure spending. Investors didn’t like that. Meta revealed its plans to lay out more than $800 billion on AI infrastructure over the next decade. Investors didn’t like that, either.
On today’s Big Take podcast, why all eyes are on AI spending plans — and which US tech giants’ earnings to watch. Host Sarah Holder is joined by Michael Regan, managing editor for US equities, and Sarah Frier, managing editor for big tech, AI and startups.
Read more:
Meta Credit Risk Gauge Surges to Record on AI Spending Plans
Meta Falls After Boosting Spending Plans for AI Bet
Tesla’s Lowered Capex Plan Fuels Doubt on AI, Robotics Goals
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Host: Sarah Holder; Guests: Sarah Frier and Michael Regan; Produced by David Fox; Edited by Jeffrey Grocott; Engineering by Emma Munger.
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Amid the news that Elon Musk wants to merge Tesla and SpaceX, he has given $445 million to political races in the US midterms. That makes him one of the biggest-ever contributors in US history.

On today’s Big Take podcast, host David Gura talks to Dana Hull, who covers Musk, and campaign finance reporter Bill Allison, about the impact that money could have on some of the closest races, like the Texas Senate race.
Read more:
Musk Giving Tops $445 Million in Midterm Election Push for GOP
Musk Pours $158 Million Into GOP Super PAC for Texas Senate Race
SpaceX, Tesla Boards Study Possible $3.5 Trillion Merger
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Host: David Gura; Guests: Dana Hull, Bill Allison; Produced by Julia Press, David Fox, Julia Weaver; Edited by Naomi Shavin; Engineering by Sean Carter.
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Japanese Prime Minister Sanae Takaichi wants to put Japan back in the fast lane, with huge investments in everything from AI to space technology. But can she generate the growth to justify the spending without unsettling markets and voters?
On today’s Big Take Asia podcast, host K. Oanh Ha talks to Bloomberg’s Paul Jackson about Takaichi’s first-year scorecard and the economic and political pressures that could determine whether her agenda succeeds.
Read more: Japan Is Still Figuring Out How a Female Prime Minister Should Lead

Further listening: Japan Hikes Rates, Reshaping Carry Trade
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Host: K. Oanh Ha; Guest: Paul Jackson; Produced by Naomi Ng; Edited by Crispina Robert and Julia Weaver; Engineering by Greg Tock.
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CoreWeave’s eye-popping debt and quest for new capital has some investors on edge. On today’s Big Take podcast, Bloomberg credit reporter Katherine Schwartz and AI infrastructure reporter Dina Bass join host Sarah Holder to make sense of the selloff, what it means for neoclouds and the future of the AI build-out.
Read more: CoreWeave’s Business Is Sound Despite Debt Fears, JPMorgan Says
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Host: Sarah Holder; Guests: Katherine Schwartz, Dina Bass; Produced by Julia Weaver and David Fox; Edited by Paddy Hirsch; Engineering by Sean Carter.
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In Disclosure, investigative reporter Jason Leopold and attorney Matt Topic take listeners inside a years long effort to head off document destruction at the White House during President Trump’s first term. Drawing from government documents (and The Big Lebowski), they reveal how the US National Archives and Records Administration tried to alert the feds to potentially illegal record disposal. And they learn why FBI and Justice Department personnel clashed before searching Trump's Florida home, Mar-a-Lago. Voice acting by Mandy Hull.

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