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Bloomberg
Financial

Hobbs Sees Europe as a Possible Haven as Chips Slump

William Hobbs, chief investment officer at Brooks Macdonald, discusses the artificial intelligence trade as a global selloff in chipmakers extended for another day. He tells Bloomberg Television that European markets could offer a safe haven for investors. "You've got to be building positions during the next few years in order to build resilience," Hobbs says.

Read more: Hobbs Sees Europe as a Possible Haven as Chips Slump
Bloomberg
Financial

Blackstone's Gray Says AI Infrastructure Is 'Right Place to Be'

Blackstone President Jonathan Gray says he is positive about the outlook for the artificial intelligence buildout even as the cost of capital rises. "When I look back at this versus other periods of access, like the telecom boom where people built supply ahead of demand, where there was a ton of leverage, this looks and feels very different," Gray tells Yvonne Man on the sidelines of the Bloomberg New Economy Forum in New Delhi.

Read more: Blackstone's Gray Says AI Infrastructure Is 'Right Place to Be'
Bloomberg
Financial

Atlassian CEO: AI Will Create More Software, Not Less

Atlassian Co-Founder & CEO Mike Cannon-Brookes thinks rather than killing enterprise software, making software cheaper and faster to build, will lead organizations to create more applications, workflows and agents, increasing the need to connect and manage them. He speaks with Haslinda Amin on "Insight with Haslinda Amin."

Read more: Atlassian CEO: AI Will Create More Software, Not Less