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Anthropic's Solution to AI Danger Is 'Quite Vague': Opinion

Bloomberg Opinion columnist Parmy Olson discusses Anthropic PBC Chief Executive Officer Dario Amodei's proposal that AI labs should slow down their most cutting-edge research. "Pacing or slowing down does also just essentially kick the can down the road," Olson says on Bloomberg Television. "Dario's essay was quite vague in terms of how he thinks that should happen."

Read more: Anthropic's Solution to AI Danger Is 'Quite Vague': Opinion
Bloomberg
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M&G's Municchi Says Investors 'More Wary' About AI Trade

Maria Municchi, multi asset fund manager at M&G Investments, discusses the outlook for the artificial intelligence trade after leaders of the biggest firms proposed slowing the technology's development. She tells Bloomberg Television that while "price will continue to behave pretty well," markets are becoming "a little bit more wary" about whether the capex boom will translate into delivered earnings.

Read more: M&G's Municchi Says Investors 'More Wary' About AI Trade
Bloomberg
Financial

Fed's Warsh on Trump Collision Course as Rate Hike Looms

The Federal Reserve faces mounting pressure to hike interest rates this week to tame elevated inflation, putting Chairman Kevin Warsh on a collision course with US President Donald Trump, who has repeatedly pressed the central bank to slash rates. Bloomberg MLIV's Mark Cranfield previews Wednesday's decision, and also what to expect from the Bank of England and Bank of Japan.

Read more: Fed's Warsh on Trump Collision Course as Rate Hike Looms
Bloomberg
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UniCredit's Orcel to Meet German Finance Minister

UniCredit Chief Executive Officer Andrea Orcel and German Finance Minister Lars Klingbeil are set to meet and "engage in a dialogue" to discuss a potential deal over Commerzbank. The talks mark a clear break from Berlin's previous effort to thwart a transaction that might end up being the largest across global banking in almost two decades. Bloomberg's Steven Arons breaks down the situation.

Read more: UniCredit's Orcel to Meet German Finance Minister
Bloomberg
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Alhasan: Houthis Gain in Yemen Significant for Iran

Oil pushed higher after Saudi Arabia shut a major crude pipeline following attacks, disrupting a route used to bypass the Strait of Hormuz during the US-Iran war. Meanwhile, a planned meeting between Iran and several Gulf nations on creating a temporary shipping lane through the Strait of Hormuz has been postponed. Hasan Alhasan, Senior Fellow for Middle East Policy at the International Institute for Strategic Studies spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa on the developments in the region.

Read more: Alhasan: Houthis Gain in Yemen Significant for Iran
Bloomberg
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Dangote's Fortune Set to Jump $23 Bln on Refinery IPO

Africa's richest man, Aliko Dangote, is poised to make a $23 billion leap up the list of the world's wealthiest as he opens an initial public offering for his refinery. The tycoon's net worth is projected to reach as much as $58.2 billion with the IPO of Dangote Petroleum Refinery and Petrochemicals Fze, according to Bloomberg calculations, surpassing US hedge fund tycoon Ken Griffin and tech billionaire Eric Schmidt. Bloomberg's Anthony Osae-Brown reports.

Read more: Dangote's Fortune Set to Jump $23 Bln on Refinery IPO
Bloomberg
Financial

Oil Rises as Saudi Arabia Shuts East-West Crude Pipeline

Oil pushed higher after Saudi Arabia shut its East-West crude pipeline, a key alternative to the Strait of Hormuz for its oil exports, following multiple attacks on Thursday. Meanwhile, a planned meeting for Monday between Iran and several Gulf nations on creating a temporary shipping lane through Hormuz has been postponed, according to Oman's foreign minister. Bloomberg's Stuart Livingstone-Wallace reports.

Read more: Oil Rises as Saudi Arabia Shuts East-West Crude Pipeline