A year after Meta’s $14.3 billion bet on Alexandr Wang, the company finally has its first proprietary AI model, but remains behind OpenAI, Anthropic and Google. High-profile hires from rival labs made headlines, but so did layoffs, key departures, and a year of widespread internal conflict and low morale. With Meta’s stock down 19%, the pressure is now on Wang and Zuckerberg to prove the bet was worth it. CNBC’s Julia Boorstin explores what Meta is up against as it attempts to generate real revenue beyond ads.

Reporter: Julia Boorstin
Produced by: Stephen Desaulniers
Edited by: Andrew Evers
Animations: Jason Reginato
Senior Director of Video: Jeniece Pettitt
Additional Footage: Getty Images, Meta

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Big Challenges Ahead For Meta AI Chief Alexandr Wang After A Rocky First Year

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President Trump is set to travel to France for the upcoming G7 summit, which will take place from June 15-17. Markets will be watching for signs of stability as the summit takes place against the backdrop of the Iran war, the Russia-Ukraine war and tensions between the U.S. and Europe over tariffs. CNBC’s Megan Cassella breaks down what to expect from the summit.

Reporter: Megan Cassella
Produced by: Macklin Fishman, Ashlee Trujillo
Edited by: Andrea Miller
Senior Managing Producer: Shawn Baldwin
Additional Footage: Getty Images

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What To Expect From Trump’s Trip To The G7 Summit In France

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Retail brokerages are lining up to offer SpaceX shares to retail investors who are salivating to buy day one of trade. However, any investor who is thinking of flipping the stock and making a quick buck may want to think twice. Fidelity and Charles Schwab have implemented anti-flipping policies ahead of the historic IPO. CNBC’s Seema Mody analyzed other high-profile IPOs, and explains what is unique about SpaceX, to find out what to expect.

Reporter: Seema Mody
Produced by: Drew Troast
Edited by: Erin Black
Senior Director of Video: Jeniece Pettitt

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SpaceX IPO: Here’s What Retail Investors Need To Know

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Despite a massive slowdown in EV adoption, Ford Motor is continuing to move forward with its next generation of EVs. Ford’s continued confidence, albeit at lower and slower rate than it previously projected, comes from its “Universal Electric Vehicle,” or UEV platform, which the company has developed from a clean-sheet design. Ford’s goal for UEV is to be profitable and cost-competitive with global EV leaders from China and Tesla. The UEV is expected to be critical to Ford transforming its Model e EV unit from billions of dollars in annual losses to breakeven by 2029. The company has said its future EVs will be profitable within a year of launching. The first planned product based on the UEV is a roughly $30,000 midsize pickup truck for the U.S. market next year, followed by a family of vehicles underpinned by the platform.

Produced by: Juhohn Lee
Reporting by: Michael Wayland
Camera by: Andrew Evers
Edited by: Natalie Rice
Senior Director of Video: Lindsey Jacobson
Additional Footage: Ford

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Ford’s $5 Billion Bet On Winning The EV War

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America’s wealth gap has been widening for decades, but the COVID-19 pandemic intensified the unequal disparity between the rich and the rest of the country, something classified as a “K-shaped” recovery. Today, the wealthiest consumers are spending at record-highs, while the rest of the country struggles to afford basic necessities like housing and groceries. CNBC’s Alex Harring breaks down the concept.

Produced, Shot and Edited by: Natalie Rice
Reporting by: Alex Harring
Additional Editor: Darren Geeter
Animation: Jason Reginato, Emily Park
Senior Managing Producer: Tala Hadavi
Additional footage: Getty Images

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Why America’s ‘K-Shaped’ Economy Is Here To Stay

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