Kristin Smith, president of Solana Policy Institute and incoming interim CEO of Blockchain Association, joins Scarlet Fu and Dushyant Shahrawat on "Bloomberg Crypto." They discuss the urgency for the crypto industry to establish rules in the current favorable DC political environment.
Bloomberg's Lydia Beyoud joins Scarlet Fu and Dushyant Shahrawat on "Bloomberg Crypto." The CFTC unveiled a proposal Monday to regulate digital asset transactions and markets, drawing on the agency's existing authority after crypto market structure legislation was blocked last month.
Mike Cagney, co-founder and executive chairman of Figure, joins Scarlet Fu and Dushyant Shahrawat on "Bloomberg Crypto." They discuss the potential for blockchain and the latest funding round for his new company Navra.
Republican Representative Brad Knott of North Carolina said Michael Whatley, the GOP nominee for Senate, is running against a "very tough" Democratic candidate but expects him to 'close the gap.' Knott, who serves on the House Homeland Security Committee, also discussed terror threats amid active conflicts in the MidEast and said that while there are 'absolutely terror cells in the United States,' the government is working to prevent them from operating in the US.
Andreessen Horowitz partner Olivia Moore says consumer AI adoption is growing, but fewer than 5% of consumers are paying for even one AI product. She discusses why OpenAI and Anthropic dominate spending, with a small group of power users paying as much as $1,000 a month, and why AI's next consumer opportunity could come from new business models and categories beyond productivity - including social, entertainment, health and other "multiplayer" experiences. She joins Ed Ludlow on "Bloomberg Tech."
Pimco Economist Tiffany Wilding discusses findings of the firm's annual cyclical outlook. The report points to the key buffers for the US economy, booming investment in AI, the ability of consumers to absorb higher costs, and an incremental approach to monetary policy. She speaks on "Bloomberg Surveillance."
T. Rowe Price partner Emma Norchet says Anthropic is entering "act two" of its growth story, moving beyond its early success in coding toward becoming an AI layer through which businesses can execute entire workflows. With multi-billion-dollar positions in both Anthropic and OpenAI, Norchet explains why T. Rowe Price doesn't see frontier AI as a winner-take-all market. Norchet discusses where she sees the next opportunities for Anthropic, and why public-market investors will have an appetite for leading AI companies when they choose to IPO. She joins Ed Ludlow on "Bloomberg Tech."
University of Washington professor Emily Bender argues the AI safety debate is too focused on hypothetical existential threats while overlooking harms already happening today. She points to environmental costs, disruption to workers, surveillance, misinformation and chatbot dependence. She argues that incidents involving AI systems accessing outside networks should be viewed as the responsibility of the companies deploying them - not as autonomous models "going rogue." She joins Ed Ludlow on "Bloomberg Tech."
Paramount Skydance Corp. closed its acquisition of Warner Bros. Discovery Inc., combining two of the five largest Hollywood film studios and uniting major franchises such as Harry Potter and Mission Impossible. The new company, called Skydance, will be home to dozens of TV networks and two major subscription streaming services, Paramount+ and HBO Max, and will be led by David Ellison and Ynon Kreiz as co-chief executive officers. Bloomberg's Hannah Miller joins to discuss.
A pullback in oil prices drove stocks to all-time highs, with Wall Street also buoyed by enthusiasm about corporate resilience and the artificial-intelligence trade that has powered the bull market. The equity advance extended into a fourth straight day, sending the S&P 500 up nearly 1% and toward its first record close since August. Brian Belski, CEO and CIO at Humilis Investment Strategies, discusses the structural equity bull market and a little Vikings football.
Google parent Alphabet agreed to buy nuclear power from Constellation Energy Corp. in a 20-year power-purchase agreement that will drive more than $4.3 billion in investments to upgrade systems at 11 Constellation reactors. Bloomberg's Will Wade joins to discuss.
Johnson & Johnson Chairman & CEO Joaquin Duato says artificial intelligence is a force multiplier and has to be embraced. He's on this week's episode of The David Rubenstein Show: Peer to Peer Conversations. This interview was recorded on June 16 in Washington.
