Spanish Prime Minister Pedro Sanchez said that the European Union needs to reduce its dependency on China and rebalance its dependence on other economies. Sanchez, who sat down with Bloomberg's Francine Lacqua, said that one of the EU's strengths its is willingness to open its economies to other regions.
Bessemer Venture Partners has raised $5.75 billion in fresh capital, its largest fundraise ever, including $4 billion dedicated to growth-stage investments as AI companies raise larger rounds and remain private for longer. Partner Sameer Dholakia discusses why the firm sees a "special moment" for investing across AI applications and physical AI, its early bet on Anthropic, and why he believes intelligence could ultimately become an economic input comparable to oil. He joins Ed Ludlow on "Bloomberg Tech."
As AI shifts from technology that talks to technology that acts, Rosenblatt Securities Analyst Catharine Trebnick says securing autonomous agents is becoming a major new opportunity for cybersecurity companies. She discusses growing demand for products from CrowdStrike and Palo Alto Networks that track AI agents, identities and permissions, and explains why increasingly capable frontier models are more likely to strengthen established cybersecurity platforms. She joins Ed Ludlow on "Bloomberg Tech."
Morgan Stanley's Adam Jonas says the convergence of AI and robotics could have a transformational impact on the global economy, potentially multiplying GDP as physical AI spreads across transportation, manufacturing and everyday life. He discusses why the robotics race is inseparable from rebuilding US manufacturing, where China holds an advantage across key supply chains, and how Tesla and SpaceX could play complementary roles in a future where billions of connected robots perform more AI inference at the edge. He joins Ed Ludlow on "Bloomberg Tech."
Democrat Senator from Arizona Mark Kelly discussed his plans to unveil a new bill aimed at mitigating AI impact on the workforce and said that it is important to generate revenue from AI companies to 'give people options.' Kelly also weighed in on President Trump's summit with China's President Xi and said he does not expect the president to have a serious negotiation on AI with his Chinese counterpart.
Microsoft will spend $10 billion through 2030 in four Persian Gulf countries. The software giant will build out infrastructure and strengthen cyber security. Microsoft President Brad Smith spoke with Bloomberg's Ed Ludlow to discuss. He also spoke about AI saying that AI safety won't advance if we rely on two companies as well the need for independent evaluators.
Representative Tim Burchett, a Tennessee Republican, wants to restrict diesel exports and says 'the American public is getting gouged.' Burchett said that big oil companies are 'compounding the problem' with prices at the pump and taking advantage of the American public because they have a monopoly on the industry.
Microsoft Corp. will spend $10 billion through 2030 in four Persian Gulf countries - Saudi Arabia, Kuwait, Qatar and the United Arab Emirates. The software giant will build out infrastructure and strengthen cyber security. Microsoft President Brad Smith speaks to Bloomberg's Ed Ludlow.
Xi Jinping and Donald Trump will sit down this week to hash out a plethora of thorny issues from trade to Taiwan. One thing both sides agree on: neither can afford to tap the brakes on AI. Dan Ives, Partner and Senior Managing Director, Analyst at Yorkville Ives & Co. joins Paul and Scarlet to discuss.
Stocks joined bonds lower as higher oil prices stoked worries about inflationary pressures, which were further bolstered by data showing jump in US business activity at the fastest pace since 2021. Gargi Chaudhuri, Global Chief Investment Strategist at BlackRock, discusses the markets and how investors can be more selective amid a higher rate cycle.
Emerging-market currencies extended losses after the release of figures showing US business activity rose at the fastest pace in more than five years. Bloomberg Intelligence Chief EM Strategist Damian Sassower discusses the US Dollar, EM opportunities, and China's economy ahead of Trump's meeting with Chinese President Xi Jinping.
Anthropic PBC is releasing a new artificial intelligence model called Claude Opus 5.5 that is similar to Fable 5.1. Anthropic says this model is faster and costs less to use. The Claude maker is expected to hold its initial public offering as soon as this fall. Bloomberg's Rachel Metz reports.
