Meta is reportedly testing an internal prediction market application that allows employees to speculate on whether former Apple CEO Tim Cook could replace Jensen Huang as chief executive of Nvidia. The application, called "Takes", uses virtual points rather than real money, with most participating Meta employees reportedly betting that Cook will not get the position.
The development comes after US President Donald Trump pushed for Cook to replace Huang at Nvidia, according to information shared by Coin Bureau. The reported experiment offers a glimpse into Meta's interest in prediction markets and the use of internal platforms to gauge employees' expectations about major business and technology developments.
Meta Employees Use Virtual Points to Predict Nvidia Leadership
The application, known as Takes, is reportedly being tested within Meta and allows employees to make predictions using a points-based system called "cred". Unlike conventional betting platforms or real-money prediction markets, the internal application does not involve actual financial stakes.
Employees use their cred points to express their expectations about potential outcomes, including whether Tim Cook will become Nvidia's next CEO. According to Coin Bureau, most Meta employees who participated in the prediction activity wagered that Cook would not secure the position.
The reported outcome reflects the prevailing view among participants in the internal experiment, rather than an official assessment from Meta, Apple or Nvidia. No specific number of participating employees or total points wagered was provided.
Trump's Push to Replace Jensen Huang With Tim Cook
The prediction market activity follows reported pressure from President Donald Trump for former Apple chief executive Tim Cook to replace Jensen Huang at Nvidia.
Huang currently leads Nvidia, while Cook is identified in the report as Apple's former CEO. The proposed leadership change has become the subject of speculation within Meta's experimental prediction platform.
However, the information shared by Coin Bureau does not indicate that Nvidia has announced plans to replace Huang or that Cook has agreed to take the position. Trump's reported push is therefore distinct from any confirmed executive appointment or leadership transition at the semiconductor company.
Meta Has Previously Experimented With Prediction Markets
Takes is not Meta's first attempt to develop an internal prediction platform. The company previously introduced Forecast, a prediction application that launched in 2020 before being discontinued in 2022.
The earlier experiment demonstrates that Meta has explored prediction-based applications before, although Forecast's eventual closure shows that the company did not maintain that particular service beyond 2022.
The latest Takes experiment similarly focuses on predictions, but its reported use of cred points means employees are not wagering real money. Instead, the platform provides an internal environment where participants can express expectations about possible markets developments.
For now, the Takes application remains in its reported testing phase within Meta. Its latest high-profile prediction concerns whether Tim Cook could replace Jensen Huang as Nvidia CEO, with most participating employees reportedly expecting that the proposed leadership change will not happen.
Writer: Victoria Hale Technology & Blockchain Writer
Victoria Hale writes about blockchain technology, digital infrastructure, and the intersection of emerging technologies with finance. Her articles explore how new protocols and systems are shaping the evolving digital economy.
She prioritises clarity and accuracy when explaining technical developments to a general audience.
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The articles on Hokanews are here to keep you updated on the latest buzz in crypto, tech, and beyond—but they’re not financial advice. We’re sharing info, trends, and insights, not telling you to buy, sell, or invest. Always do your own homework before making any money moves.
Hokanews isn’t responsible for any losses, gains, or chaos that might happen if you act on what you read here. Investment decisions should come from your own research—and, ideally, guidance from a qualified financial advisor. Remember: crypto and tech move fast, info changes in a blink, and while we aim for accuracy, we can’t promise it’s 100% complete or up-to-date.
