Yields on the benchmark 10-year Treasury note rose to the highest level since 2007 as a rally in oil prices fueled inflation concerns and strengthened bets on a Federal Reserve interest-rate hike. Bloomberg MLIV's Ven Ram has the latest.
US President Donald Trump has waded into the AI safety debate raging between Silicon Valley and Washington. In a rapid-fire series of social media posts, Trump belittled a push led by Anthropic and OpenAI bosses to slow work on cutting-edge systems and dismissed the existential fears about AI as "a hoax." Michael Wade, Professor of Strategy and Digital at the IMD business school in Switzerland spoke to Bloomberg's Abeer Abu Omar on the need for AI guardrails.
The global debate over AI safety is intensifying, as President Trump dismisses industry calls for a slowdown as a "conspiracy theory," and China brands fresh warnings about the tech "fearmongering." At the same time, Australia's cyber intelligence chief, Abigail Bradshaw, says the country needs an AI early warning system to guard against risks. Scientia Professor of AI at the University of New South Wales, Toby Walsh, joins "Bloomberg: The Asia Trade" to discuss the outlook for AI regulation in Australia.
Hugging Face Researcher & Chief Ethics Scientist Margaret Mitchell believes if done well, ethics can drive innovation in artificial intelligence instead of slowing it down. She speaks with Haslinda Amin on "Insight with Haslinda Amin.
Nvidia Chief Executive Officer Jensen Huang took a live phone call from Donald Trump during a panel discussion, where Trump dismissed artificial intelligence dangers as a "hoax." Meanwhile, a Chinese Foreign Ministry spokesperson has pushed back against tech leaders' calls to slow frontier AI development.
Matt Maddox, CEO of Authentic Brands, discusses why the company is partnering with creator Stephen Bartlett in a joint venture rather than pursuing a buyout-style deal. Maddox says Authentic Brands sees the creator economy as a major growth engine for media and audience expansion over the next decade, and views Bartlett as a strong partner for building brands through creator-led platforms. He speaks with Romaine Bostick on "The Close."
Timnit Gebru DAIR Institute Founder & Executive Director, discusses her early warnings about artificial intelligence risks and her departure from Google's ethical AI team in 2020. She discusses whether the public and policymakers are asking the right questions about AI safety and security, in the context of broader concerns about the pace of AI model development in the U.S. She speaks with Romaine Bostick on "The Close."
Texas Capital is switching its primary stock listing to the Texas Stock Exchange, joining Energy Transfer and other companies that plan to move starting in early October. In the segment, Rob Holmes, CEO of Texas Capital, is asked why the firm chose a full move to the TXSE rather than maintaining a dual listing with Nasdaq. He speaks with Romaine Bostick & Isabelle Lee on "The Close."
With Week 1 of the NFL season wrapping up, Adam Greenblatt, CEO of BetMGM, said the season has started enthusiastically and that early activity has been strong. He added that, from the bookmakers' perspective, Sunday was not a favorable day because the fans came out ahead, leaving bettors happy and operators with an early loss. He speaks with Romaine Bostick & Isabelle Lee on "The Close."
Teva Pharmaceuticals President & CEO Richard Francis, discusses why Teva chose to make the change now and what will be different for investors as the shares move from ADRs to direct NYSE trading. He speaks with Romaine Bostick & Isabelle Lee on "The Close."
The Lincoln Center in NYC has welcomed 600,000 new audience members in the years since the COVID-19 pandemic, offering free of low-cost performances to attract new audiences. Chief Artistic Officer Shanta Thake shares what is on schedule for the Lincoln Center's fall programming, and why she thinks the institution has thrived in the live performance and arts space for so many decades.
Kate Smaje of McKinsey says the recent wave of warnings from AI leaders and researchers about slowing development is an important debate, especially around AGI, risk, pace, and patience. But she says the conversation inside boardrooms is different: executives who have already invested heavily in AI are now focused on whether those tools can scale, deliver profitability, and remain sustainable. She speaks with Romaine Bostick & Isabelle Lee on "The Close."
