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Speaker 1: News when you want it with Bloomberg News Now, I'm

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Speaker 1: Doug Prisner. The sound of tear gas being used to

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Speaker 1: disperse protesters on the one to one Freeway in Los

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Speaker 1: Angeles today. Clashes between law enforcement and demonstrators, and the

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Speaker 1: catalysts were sweeping US immigration raids across the region. President

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Speaker 1: Trump and California Governor Gavin Newsom traded barbes over who

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Speaker 1: is responsible for the chaos and for restoring order. While

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Speaker 1: boarding Air Force One, President Trump was asked whether more

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Speaker 1: troops would be sent.

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Speaker 2: Well, we're going to have troops everywhere. We're not going

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Speaker 2: to let this happen to our country.

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Speaker 3: We're not going to let our country.

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Speaker 2: Be door to part like it was a Diviiden and

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Speaker 2: his outroped Tomar for sinning marine.

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Speaker 1: But what I think it is, I mean, if we

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Speaker 1: see danger to our country and to our citizens, will

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Speaker 1: be very, very strong in terms of law and order,

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Speaker 1: President Trump, speaking to reporters earlier. Meantime, Governor Newsom has

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Speaker 1: formed asked the White House to rescind the deployment of

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Speaker 1: those National Guard troops and to return them to Newsom's command. Now,

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Speaker 1: the White House says the deployment will last sixty days

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Speaker 1: or at the discretion of Defense Secretary Pete Hegseth. Now,

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Speaker 1: The New York Times reports that five hundred marines have

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Speaker 1: been put on standby in case they are needed to

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Speaker 1: assist National Guard troops. Newsom called that suggestion deranged. Speaking

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Speaker 1: from city Hall, here is La Mayor Karen bass. I

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Speaker 1: call on all Angelinos to continue expressing your right, your anger,

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Speaker 1: your outrage, but to do it peacefully. That is La

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Speaker 1: Mayor Karen bass. Meantime, in a post on truth Social

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Speaker 1: President Trump said federal agencies were directed to take all

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Speaker 1: such action necessary to restore order and to continue deportation operations.

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Speaker 1: US and Chinese officials are set to meet Monday in

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Speaker 1: London for trade talks aimed at restoring the flow of

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Speaker 1: critical rare earth mena minerals. More from Bloomberg's Derek Weldbank.

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Speaker 3: Well, I think the rare earth minerals clarity is going

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Speaker 3: to be a real guidepost for the talks, even though

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Speaker 3: the overall US China trade situation has way more than

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Speaker 3: rare its rare roats is a really great view into it.

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Speaker 3: It's something that's a critical part of supply chains for

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Speaker 3: a number of things from defense to consumer. It's something

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Speaker 3: that the United States wants to do more of locally

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Speaker 3: but doesn't have the capacity right now.

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Speaker 1: That is Bloomberg's Derek Welldbank in Singapore. Meantime, on Sunday,

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Speaker 1: White House Economic advisor Kevin has had said the current

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Speaker 1: pace of exports is still below what was agreed to

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Speaker 1: in Geneva Last month. Bloomberg has learned that Meta Platforms

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Speaker 1: is in talks to make a multi billion dollar investment

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Speaker 1: in the artificial intelligence startup Scale AI. It's valued at

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Speaker 1: over ten billion dollars, meaning this funding would rank among

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Speaker 1: the largest ever for a private company. Here is Bloomberg

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Speaker 1: Sarah Fryar.

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Speaker 2: Scale has become really essential in the generative AI boom,

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Speaker 2: in part because what they specialize in is data quality.

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Speaker 2: They have a mixture of human and AI fixing of data,

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Speaker 2: where they're the labeling images, they're categorizing things, they're improving

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Speaker 2: models through this accuracy and data accuracy is really important

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Speaker 2: when you're trying to build the next big Elella.

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Speaker 1: That is Bloomberg Sarah Friar reporting. Scale AI provides data

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Speaker 1: labeling for firms like Microsoft and Open AI, and it's

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Speaker 1: already working with Meta on military focused projects. META has

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Speaker 1: made AI its top priority for twenty twenty five, earmarking

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Speaker 1: up to sixty five billion dollars for related initiatives this year.

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Speaker 1: President Trump has issued a sharp warning to Elon Musk.

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Speaker 1: On Saturday, the President told NBC Musk will face very

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Speaker 1: serious consequences if he supports Democrats fighting the President's tax bill.

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Speaker 1: Trump called Musk disrespectful and claimed he said the tech

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Speaker 1: mogul in his first administration. Now, this fallout follows Musk's

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Speaker 1: public opposition to Trump's tax plan, it phases out electric

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Speaker 1: vehicle credits and a direct hit to Tesla Now. Thursday's

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Speaker 1: rift cost Musk thirty four billion dollars personally and wiped

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Speaker 1: out one hundred and fifty three billion dollars from the

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Speaker 1: market value of Tesla. Over the weekend, Musk deleted a

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Speaker 1: number of posts on his ex account criticizing Trump. And

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Speaker 1: In sports, Carlos Alcarez staged a historic comeback to defeat

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Speaker 1: top ranked Yanik Sinner at the French Open. It was

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Speaker 1: Alcarez's second straight win at that event and the match

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Speaker 1: was the longest ever French Open final. And that is

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Speaker 1: news when you want it. With Bloomberg, News Now, I'm

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Speaker 1: Doug Krisner, and this is Bloomberg