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Harold Hamm's Continental Set to Announce Venezuela Oil Deal

Bloomberg's Kevin Crowley joins Scarlet Fu on "Bloomberg Deals." Billionaire shale pioneer Harold Hamm's Continental Resources Inc. is set to announce a deal to invest in Venezuela as the Trump administration pushes US companies to revive the nation's oil sector, according to a person familiar with the matter.

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Bloomberg
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Trump's AI Defense Defies Voter Unease Ahead of Midterms

Bloomberg's Michael Shepard joins Scarlet Fu on "Bloomberg Deals." Senior Trump administration officials met Tuesday with Anthropic's top Washington executive to discuss AI's safety risks. Anthropic's IPO preparations came as OpenAI CEO Sam Altman, Anthropic CEO Dario Amodei and Elon Musk on Saturday all voiced the need to slow the pace of AI development due to escalating risks from the technology.

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Fed Chairman Warsh Calls Rate Hike a 'Sober' Decision

"The decision we made today was a sober decision, serious decision, responsible decision, one that we have been preparing for and thinking about in my hundred and ten or twenty days here," Federal Reserve Chairman Kevin Warsh said after the FOMC raised interest rates by a quarter percentage point. He speaks in Washington.

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Zuckerberg, Huang Break With Industry Leaders on AI Warnings

Bloomberg's Mike Shepard said President Trump's opposition to AI guardrails is another instance of his anti-regulation position across all industries, as well as his closeness with Nvidia CEO Jensen Huang who recently pushed back on fears about AI safety. Shepard said that President Trump is also looking to his meeting with China's President Xi and wants no obstacles around AI heading into that conversation.

Leia mais: Zuckerberg, Huang Break With Industry Leaders on AI Warnings