Bloomberg Intelligence's Dushyant Shahrawat joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." President Trump said US regulators are working to bring Hyperliquid, a fast-growing crypto platform, into the country, offering one of the clearest signals yet that the White House wants to pull a major piece of the industry's offshore market infrastructure onshore.
Krista Lynch, head of trading and capital markets at Grayscale, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." Zcash surged over the past week as Grayscale successfully launched a new ETF that tracks spot exposure to the digital token.
Ayesha Kiani, COO of Monarq Asset Management, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." They discuss the recent rise in the crypto market and Kiani's belief that the market will be "choppy" in the near future.
AI safety startup Alice has raised $140 million to expand its work stress-testing advanced models and helping companies protect against emerging risks. CEO Noam Schwartz explains how threats once carried out by individuals are increasingly amplified by AI, why recent incidents involving frontier models from OpenAI and Anthropic have sharpened attention on the issue, and how the company works with AI labs and enterprises to identify vulnerabilities before they can cause real-world harm. He joins Ed Ludlow on "Bloomberg Tech."
Autonomous trucking startup Gatik has raised $200 million in its largest funding round yet as it moves from developing its technology to scaling commercial operations. CEO and co-founder Gautam Narang joins Bloomberg to discuss plans to deploy hundreds of driverless trucks by year-end, and why North America remains its priority despite growing international interest. He joins Ed Ludlow on "Bloomberg Tech."
Apple is upgrading its Mac mini and Mac Studio as demand grows for desktop computers capable of running AI applications locally. Bloomberg's Mark Gurman breaks it all down and explains why memory and silicon shortages are contributing to higher prices. He also discusses Oura's plans to raise as much as $3 billion in an IPO that could value the smart-ring maker at more than $16 billion. He joins Ed Ludlow on "Bloomberg Tech."
Representative Gabe Amo, a Rhode Island Democrat, called the US threat of sanctions against countries doing business with Iran more of the president's "piecemeal strategy" that's leaving the administration "grasping at straws."
OpenAI says the new Jalapeno chips performed better than Nvidia Corp.'s current lineup during testing, leading in two categories: the amount of AI work it could handle per unit of power and its speed at returning responses. OpenAI chip chief Richard Ho goes over the results with Ed Ludlow on "Bloomberg Tech."
Canada is matching new tariffs imposed by President Donald Trump. It's doubling existing counter-tariffs on US steel and aluminum products to 50%. American-made milk, furniture and other products will have new duties of 50% applied. Finance Minister Francois-Philippe Champagne spoke at a press conference in Ottawa with other leaders Tuesday.
United Airlines Holdings Inc. will add destinations in Europe and Asia to its network next year, using Airbus SE's new long-range narrow-body planes. The carrier will fly the A321XLR planes from its Newark hub to locations including Luxembourg and Marseille, and from San Francisco to Okinawa, Japan. Bloomberg's Siddharth Philip joins to discus.
Private schools in the US are increasing financial aid and advertising discounts to attract students, as soaring tuition and a declining population of school-age children intensify competition. Some schools, such as Brearley and Deerfield Academy, are offering free tuition to families earning under certain income thresholds, and using sliding scales to determine tuition for higher-earning families. Bloomberg's Erin Hudson joins Bloomberg's Intelligence to discuss.
Stanley Druckenmiller, the billionaire investor who mentored US Treasury Secretary Scott Bessent in his early career as a hedge fund trader, suggested his former pupil is making a mistake by wading into the bond market. Bessent has recently pledged to increase the Treasury's purchases of long-dated bonds, a move widely seen as an attempt to push down yields in the world's most important debt market. Jason Trennert, Chairman and CEO at Strategas Research Partners, discusses US Treasury Secretary Scott Bessent's focus on yields and what to expect from Jackson Hole and the Fed.
