01
Meta Hires Trump Ally Powell McCormick to Drive AI Buildout
Meta Platforms Inc. has appointed a former top adviser to US President Donald Trump to a newly created senior management role focused on partnering with governments and investors on AI.
Bloomberg Technology - Monday, January 12, 2026
10 stories~15 min
Stories Covered
02
Apple Picks Gemini to Run AI-Powered Siri | Bloomberg Tech 1/12/2026
Bloomberg’s Caroline Hyde and Ed Ludlow discuss Apple’s decision to use Alphabet’s Gemini to power Siri in a multiyear deal. Plus, Nvidia plans to invest $1 billion over five years in a new lab with Eli Lilly & Co. to speed up the use of AI in the pharmaceutical industry. And, Paramount sues Warner Bros. Discovery and plans to nominate directors to the board, stepping up hostilities in its takeover efforts. (Source: Bloomberg)
03
Musk Moves Back Into Trump Orbit
Elon Musk appears to be getting closer to President Donald Trump again. He'll be speaking at an event with Defense Secretary Pete Hegseth. The political panel on Balance of Power discusses. (Source: Bloomberg)
04
EV, Self-Driving Competition Kicks Into Higher Gear in 2026
The car market is undergoing changes as Nvidia makes a push into self-driving and EU regulators consider replacing tariffs on Chinese EVs with minimum pricing. Stephanie Valdez Streaty, director of industry insights for Cox Automotive, discusses the latest news and expectations for the car industry with Caroline Hyde and Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)
05
Meta Plans to Cut 10% of Jobs at Company’s Reality Labs Division
Meta Platforms Inc. plans to cut 10% of jobs in the company’s Reality Labs division, part of a broader strategy to shift money away from some virtual reality products and into other AI wearables.
06
GE Healthcare CEO on Threats From AI
Peter Arduini, CEO of GE Healthcare, talks about the risks of using artificial intelligence, but he says the technology is a breakthrough for healthcare. He speaks to Katie Greifeld at the JPMorgan Healthcare Conference in San Francisco. (Source: Bloomberg)
07
Alphabet’s Rise to $4 Trillion Cements Status as AI Trade Winner
Alphabet Inc. broke above a $4 trillion market capitalization on Monday, becoming one of the few companies to ever cross the threshold as investors increasingly see the Google parent as one of the biggest winners of the artificial intelligence boom.
08
Nvidia to Invest $1 Billion in AI Drug Lab With Eli Lilly
Nvidia plans to invest $1 billion over five years in a new laboratory with Eli Lilly & Co., in an effort to speed up the use of AI in the pharmaceutical industry. Denny Fish, portfolio manager on the Global Technology and Innovation Team at Janus Henderson Investors, joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)
09
Medtronic Partners With Neuralink Rival Precision for Brain Tech
Medtronic Plc is partnering with brain implant company Precision Neuroscience Corp. in a deal that will give the medical device maker access to neural data it can use to develop new products.
10
New AI Model Lets Robot Neo Learn Tasks From Scratch
Humanoid maker 1X Technologies has introduced a new AI model that it says allows its home robot Neo to perform new tasks from a video or voice prompt even if the robot has zero experience doing the task before. 1X Technologies CEO and CTO Bernt Børnich joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)