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OpenAI Holds Back Astra Model Over Safety Concerns

OpenAI is holding back a version of its advanced Astra model while it develops stronger safeguards, offering one of the clearest examples yet of what the company's call for "pacing" AI development means in practice. Bloomberg's Natasha Mascarenhas discusses concerns that the model wasn't reliably staying within its authorized scope, and recent incidents involving OpenAI models accessing outside systems. She joins Ed Ludlow on "Bloomberg Tech."

Read more: OpenAI Holds Back Astra Model Over Safety Concerns
Bloomberg
Financial

Hydro One on Meeting Increased Electricity Demand

Harry Taylor, Executive Vice President, Chief Financial & Regulatory Officer, Hydro One, discusses the transmission investment required to meet rising electricity demands while balancing reliability, affordability and long-term capacity, with Bloomberg's Naureen Malik at the 2026 Bloomberg Canadian Finance Conference.

Read more: Hydro One on Meeting Increased Electricity Demand
Bloomberg
Financial

Fed's Barr Says Further Policy Adjustments Likely Needed to Tame Inflation

Federal Reserve Governor Michael Barr repeated a warning that further interest-rate increases will likely be needed to slow inflation in a timely fashion. Barr said the Fed wants "to support sustainable, durable growth in support of maximum employment, and price stability is crucial to that" in remarks Tuesday at an event in Detroit.

Read more: Fed's Barr Says Further Policy Adjustments Likely Needed to Tame Inflation
Bloomberg
Financial

OpenAI Scraps Debut of AI Model as It Sets New Guardrails

OpenAI is holding back a version of its Astra model while it establishes stronger safeguards for artificial intelligence development, flagging heightened risks after a spate of recent rogue AI hacking incidents. Bloomberg Tech Anchor, Ed Ludlow discusses the move, as well as broader AI fears impacting the markets.

Read more: OpenAI Scraps Debut of AI Model as It Sets New Guardrails