Bloomberg Businessweek Bloomberg Businessweek Weekend: May 1, 2026
4 snips
May 2, 2026 
Chris Wirth, Director of Sustainability at Opici Wines and Spirits, on regenerative farming and sustainable winemaking with tasting highlights. Mandeep Singh, Bloomberg Intelligence tech research chief, on cloud CapEx, AI spending and Google's vertical edge. Kate Gulliver, Wayfair CFO, on Q1 results, category trends, store strategy and AI for merchandising.
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Google's TPU Vertical Integration Lowers Costs
- Vertical integration lets Google lower data center costs by owning TPUs, using them for search and Gemini, and selling excess capacity.
- Singh notes Google runs ~50% internal use on its capacity but still posts higher cloud growth and 15–20% lower data center costs than peers.
Meta's AI Story Lacks Clear Monetization
- Meta lacks a separate cloud-infrastructure revenue stream and hasn't shown clear AI-driven top-line gains despite strong growth.
- Singh says Meta's AI features have low user adoption and its data center costs are higher because it relies on NVIDIA chips.
Expand Share Not Rely On Consumer Rebound
- Focus growth on gaining category share and improving profitability rather than waiting for a macro consumer recovery.
- Kate Gulliver says Wayfair's initiatives (rewards, Wayfair Verified, stores) drove 7.4% net revenue growth despite a weak category.