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Bloomberg
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Anthropic AI Model Goes Rogue, Gives Cops a Fake Tip

Anthropic PBC said its Claude AI model went rogue and carried out unintended actions on the digital systems of outside organizations. In one example, the AI model gave police in Philadelphia a fake tip on a homicide case. The police took no action. Other unintended behaviors were also noted. Bloomberg's Ed Ludlow reports.

Read more: Anthropic AI Model Goes Rogue, Gives Cops a Fake Tip
Bloomberg
Financial

IonQ's Biggest Move Yet: A $1.3B Security Acquisition

IonQ, a major quantum leader, is making a blockbuster security acquisition. The company is buying cybersecurity company Elisity in a deal worth up to $1.3 billion. IonQ Chairman & CEO Niccolo de Masi joined Bloomberg Open Interest to talk about why the deal is key to defending the West from "Q-Day," when quantum computers can crack today's encryption.

Read more: IonQ's Biggest Move Yet: A $1.3B Security Acquisition
Bloomberg
Financial

Banks Poised to Surprise Wall Street: Analyst

Baird Senior Research Analyst David George  joins Bloomberg Open Interest to lay out why he's bullish on upcoming bank earnings despite a risk off market. He explains how AI-driven capital markets may cool, why regional banks could outperform the Wall Street giants, and how post election consolidation and higher rates set up JPMorgan and others for upside this quarter.

Read more: Banks Poised to Surprise Wall Street: Analyst
Bloomberg
Financial

AI Markups Distorting 'True Earnings Power of S&P,' Says Larry McDonald

Stocks fluctuated near their all-time highs as traders looked ahead to the start of the earnings season and inflation data that will be key in shaping the Federal Reserve outlook. Larry McDonald, founder at The Bear Traps Report, discusses bond market stress, equity moves, and how AI related mark-ups are distorting S&P 500 earnings potential.

Read more: AI Markups Distorting 'True Earnings Power of S&P,' Says Larry McDonald
Bloomberg
Financial

Kishori Rajan on the Secret Sauce to Producing with Tessa Thompson

Kishori Rajan, Producer & Writer, Viva Maude, speaks with Carol Massar and Tim Stenovec live from Bloomberg Screentime. They discuss the process of bringing projects from page to screen including "His & Hers," a thriller series. They also talk about the challenges in adapting novels for a movie or tv show.

Read more: Kishori Rajan on the Secret Sauce to Producing with Tessa Thompson
Bloomberg
Financial

T-Mobile Rises on Upgrade; IonQ to Buy Elisity | Stock Movers

On this episode of Stock Movers: - Amazon (AMZN) shares are moving on news it's in negotiations to acquire Decart AI, an artificial intelligence startup, in a deal that could be valued at around $7 billion, the Wall Street Journal reported. The purchase could be wrapped up soon if the negotiations don't collapse, the Journal said, citing people familiar with the matter. - IonQ (IONQ) shares are moving after it agreed to buy Elisity for as much as $1.3 billion in an all-stock transaction to expand its cybersecurity platform. IonQ Chief Executive Officer Niccolo de Masi said the company will be well positioned to help customers protect critical infrastructure and enterprise networks throughout the transition to the quantum era. - T-Mobile (TMUS) shares are rising after Raymond James upgraded the stock to outperform from market perform, noting that the recent pullback in shares has created a buying opportunity.

Read more: T-Mobile Rises on Upgrade; IonQ to Buy Elisity | Stock Movers
Bloomberg
Financial

Apollo's Slok on Housing, US Economic Growth, Fed Policy

Apollo Chief Economist Torsten Slok talks about the impact of higher interest rates on the US housing supply. He also discusses the prospects of an AI-induced bank run and which parts of the economy are the most sensitive to Federal Reserve interest rate moves. He speaks on "Bloomberg Surveillance."

Read more: Apollo's Slok on Housing, US Economic Growth, Fed Policy