Bloomberg

Anthropic PBC raised $65 billion in a funding round that valued the artificial intelligence company at $965 billion including the new investment, eclipsing rival OpenAI's value for the first time. Ed Ludlow reports on "Bloomberg The Close."

Clayton Seigle, senior fellow at the Center for Strategic and International Studies, said that now that Iran has seen the extent of the leverage the Strait of Hormuz holds over the oil market and the global economy, Tehran is unlikely to cede the new authority even if the US and Iran are able to reach a deal.

Dan Ives of Wedbush Securities talks about the AI space, earnings from Salesforce and Snowflake and if Tesla and SpaceX should merge. He speaks on Bloomberg Surveillance.

Democrat Representative from Wisconsin Mark Pocan said that he doesn't have faith in Secretary of Defense Pete Hegseth and that the department doesn't have a game plan when it comes to defense spending, after requesting a record defense budget request of $1.5 trillion. Pocan said that the administration also does not have a plan when it came to the long term implications of war with Iran.

David Forgash, managing director and head of leveraged finance at Pimco, joins Dani Burger on "Bloomberg ETF IQ." They speak at the Goldman Sachs Annual Leveraged Finance Conference in Dana Point, California.

Dan Ahrens, CIO & portfolio manager at AdvisorShares, joins Katie Greifeld and Eric Balchunas on "Bloomberg ETF IQ." They discuss the AdvisorShares Psychedelics ETF (ticker: PSIL).

Todd Sohn, ETF strategist at Strategas, joins Katie Greifeld and Eric Balchunas on "Bloomberg ETF IQ." Nasdaq instituted a rule change that shortens the time for newly public companies to be added to its index, while S&P Dow Jones and FTSE Russell are considering similar changes. This comes ahead of expected mega IPOs from SpaceX, OpenAI and Anthropic.

Roxanna Islam, head of sector & industry research at TMX VettaFi, joins Katie Greifeld and Eric Balchunas on "Bloomberg ETF IQ." Bitcoin briefly fell below $73,000 on Thursday despite a fresh push from President Trump for the CLARITY Act, suggesting pro-crypto messaging from  Washington is losing its ability to drive gains in digital assets.

Federal Reserve Bank of St. Louis President Alberto Musalem says the central bank is missing on the inflation side of its mandate during an interview with Bloomberg's Stephanie Flanders at a central banking conference in Iceland.

Federal Reserve Bank of St. Louis President Alberto Musalem says he thought the easing bias was no longer consistent with the balance of economic risks at the FOMC's last meeting. He speaks with Bloomberg's Stephanie Flanders at a central banking conference in Iceland.