According to @StockMKTNewz, Bloomberg reports that Mark Zuckerberg and Meta (META) engaged in acquisition discussions with AI startup Perplexity prior to its recent deal with Scale AI. This highlights Meta's ongoing interest in expanding its artificial intelligence capabilities, which could intensify competition in the AI sector and indirectly impact publicly traded AI and crypto-related stocks. Traders should monitor the ripple effects on AI-linked tokens and blockchain projects as major tech firms like Meta pursue aggressive AI strategies. Source: Bloomberg via @StockMKTNewz.

According to @StockMKTNewz, Google (GOOGL), the largest customer of Scale AI, plans to end its relationship with Scale AI following news from Reuters that Meta (META) will acquire a 49% stake in the AI data-labeling startup. This development is expected to significantly disrupt the AI data supply chain, potentially impacting the speed and quality of AI model training for both big tech and emerging crypto AI projects. Traders should closely monitor AI-related crypto assets and tokens, as shifts in data partnerships could spark increased volatility and create new opportunities for projects positioned to fill the data-labeling gap.

According to Evan (@StockMKTNewz) citing Bloomberg, Mark Zuckerberg and META are in advanced discussions to invest more than $10 billion in the artificial intelligence startup Scale AI. This substantial investment highlights META's commitment to expanding its AI capabilities, which is expected to accelerate innovation in data processing and machine learning. For traders, this move could signal increased institutional interest in AI-driven cryptocurrencies and blockchain projects, as tech giants' investments in AI often spark activity and price movements in related crypto sectors. The announcement may drive short-term volatility in AI-linked tokens and influence broader crypto market sentiment, especially those projects leveraging machine learning and data analytics. Source: Evan (@StockMKTNewz) via Bloomberg, June 8, 2025.