Willem Sels, global chief investment officer at HSBC Private Bank, says the the economy and corporates have proved "more resilient than people thought" and further AI-driven productivity gains are one reason why he is "more bullish on the US than on Europe." Sels speaks on Bloomberg Television.
Anthropic has decided against acquiring artificial intelligence startup Decart AI, according to people familiar with the matter. The companies may still pursue other opportunities to collaborate, one of the people said. Bloomberg's Neil Campling has the details.
Iran said a deal with Oman to manage shipping through the Strait of Hormuz is imminent. The move could tighten Tehran's control over the waterway and raise questions over how the US would respond. Bloomberg's Onur Ant breaks down the situation.
French artificial intelligence company Mistral AI is raising 3 billion ($3.49 billion) in a Series D funding round, with Samsung Electronics joining the round. Chief Executive Officer Arthur Mensch argues that the company is probably still undervalued and that macroeconomic reasons are starting to show that open source models will win. He speaks with Bloomberg's Tom Mackenzie.
Canada imposed tariffs of 15% to 50% on hundreds of products from the US as Prime Minister Mark Carney bets that standing up to President Donald Trump will help Ottawa's negotiating position. Bloomberg's Rosalind Mathieson has the context.
Insolvent Australian property developer Bathla Group has secured enough stopgap funding to survive a few weeks, but it still faces $2.5 billion in creditor claims. Thousands of homebuyers remain in limbo after the firm told 213 staff members to stop work, halting construction on some projects. Bloomberg Economist James McIntyre and Private Credit Reporter Sharon Klyne join "Bloomberg: The Asia Trade" to discuss the implications for Australia's property sector.
Sapporo Breweries is shifting some production to the US from Canada due to 50% tariffs imposed on beer exports from the country, Chief Strategy Officer Rieko Shofu said. She spoke exclusively with Bloomberg's Shery Ahn on being impacted by tariffs, as well as the Iran war.
Companies investing in trustworthy AI practices are far more likely to see strong returns from the technology, according to new research from SAS. But trust remains a hurdle: 97% of users override AI recommendations at least some of the time, while employees are less likely to trust increasingly autonomous AI agents. Jay Upchurch, SAS Executive Vice President and Chief Information Officer, joins Bloomberg's Anna Edwards on Bloomberg Television.
Hollywood is having its best year since 2019 as moviegoers return to theaters in force. Global ticket sales are up 15% from last year, with five films topping the billion-dollar mark. Daniel Loria, Senior Vice President at The Boxoffice Company, discusses what's driving the box office comeback and whether the momentum can last.
Japanese startup Preferred Networks is seeking to go public to mass-produce its chips, reflecting the rising cost and scale needed to stay competitive in the global AI race, CEO Daisuke Okanohara said in an interview with Bloomberg News.
