Crypto Breaking News

Databricks has launched Genie Code, a built-in autonomous AI assistant for technical talent, and announced the purchase of Quotient AI. Databricks CEO Ali Ghodsi discusses the moves with Caroline Hyde and Ed Ludlow on "Bloomberg Tech."

Michelle Volz, a former partner in the American Dynamism team at Andreessen Horowitz, has launched a new firm targeting early-stage startups that focus on addressing the costly, slow, or missing parts of the US industrial base. Volz joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech."

PJT Partners founder, chair and CEO Paul Taubman discusses how war-driven market volatility and AI disruption are weighing on global M&A. Speaking with Dani Burger on "Bloomberg Deals," Taubman argues that geopolitical risks have been mispriced and there will be a lot of "roadkill" left behind because of AI.

Sassine Ghazi, CEO of Synopsys, discusses the company's acquisition and integration of Ansys, how AI can help accelerate the chip manufacturing process, and AI's role in the recent software selloff. He speaks with Ed Ludlow and Caroline Hyde on "Bloomberg Tech."

Fifth Third CEO Tim Spence says AI isn't hype. In fact, it's already writing 40% of his bank's code and helping double the company's size with fewer employees. He's seeing meaningful, long-term productivity gains and a faster path to growth. And he says the next phase is even bigger: AI that doesn't just support customers, but actually executes financial tasks on their behalf. Tim Spence joined Bloomberg Open Interest to talk about the AI revolution in banking.

The International Energy Agency will release 400 million barrels of oil from reserves as governments try contain energy prices driven higher by the war with Iran. IEA Director Faith Birol made the announcement in Paris.

Uber CEO Dara Khosrowshahi and Zoox CEO Aicha Evans discuss their new partnership to offer Zoox's purpose-built, fully autonomous robotaxis on the Uber app, starting in Las Vegas and expanding to Los Angeles next year. They speak with Ed Ludlow on "Bloomberg Open Interest."

Meta Platforms will deploy  four new generations of its in-house artificial intelligence chips by the end of 2027 as the company turns to custom silicon to help power its rapidly expanding AI workloads. Ed Ludlow reports.

AI anxiety is sweeping through markets, IT spending is racing toward the trillion-dollar mark, and private equity backed tech firms are facing a new valuation reality. Coupa CEO Leagh Turner explains why companies with strong data moats and cloud-native architecture are pulling ahead, how AI is reshaping the workforce and why being private is giving her company the freedom to invest aggressively in this pivotal moment for software.

David Kelly, chief global strategist at JPMorgan Asset Management, sees a "natural bias upwards in the stock market" amid what he calls an artificial flow of liquidity.

Carlyle Group co-Founder and co-Chairman says higher energy prices likely mean the Federal Reserve will not cut interest rates when it meets later this month. He says the energy shock is also not good for markets and he says trying to "jawbone down" energy prices usually doesn't work.

KPMG Chief Economist Diane Swonk says the recent surge in oil and commodities prices make it "harder and harder" to justify a Federal Reserve rate cut on "Bloomberg Open Interest."