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Bloomberg

Pentagon's Michael on Anthropic Talks, Military Use of AI

US Under Secretary of Defense for Research and Engineering Emil Michael discusses talks with Anthropic about loosening restrictions on the use of its artificial intelligence technology by the US military. Michael says the Pentagon offered concessions to the company and is open to continuing talks ahead of the Friday afternoon deadline.

Leia mais: Pentagon's Michael on Anthropic Talks, Military Use of AI
Bloomberg

Netflix Drops Discovery Bid, Clearing Way for Paramount

Netflix Inc. dropped out of the fight to buy Warner Bros. Discovery Inc., saying that while it believed its deal would have passed muster with regulators and created shareholder value, it didn't want to keep bidding. The move clears the way for rival bidder Paramount Skydance Corp. to clinch its $111 billion deal for the historic Hollywood studio. Bloomberg's Manuel Baigorri breaks down the situation.

Leia mais: Netflix Drops Discovery Bid, Clearing Way for Paramount
Bloomberg

London Credit Blowup Has Wall Street Firms Scrambling

The collapse of Market Financial Solutions has some of the biggest names in finance, including Jefferies, Wells Fargo and Barclays, scrambling to recoup whatever money they can from an embattled company. MFS was a nonbank finance firm looking to fill a gap that major banks had ignored or shunned, while tapping Wall Street giants for the cash to do it. Bloomberg's Neil Callanan explains.

Leia mais: London Credit Blowup Has Wall Street Firms Scrambling
Bloomberg

Look Beyond AI to 'Textbook' Cyclical Recovery, HSBC Says

Max Kettner, chief multi-asset strategist at HSBC Global Investment Research, says investors are too focused on the artificial intelligence trade. "We're probably missing that, under the hood, there is some proper cyclical recovery going on," Kettner tells Bloomberg Television. "The smaller, manufacturing-driven economies, all of them actually have been starting to see a real pickup in the last two months," he adds.

Leia mais: Look Beyond AI to 'Textbook' Cyclical Recovery, HSBC Says