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Bloomberg

AI Is Not Safe Yet, Says UCLA Professor

As AI giants Anthropic and OpenAI prepare for IPOs, the companies are stressing their efforts to ensure the tech is safe and beneficial for humanity. But Safiya Noble, a UCLA professor and director of the university's Center on Resilience & Digital Justice, says current AI is not safe, and that stereotypes and biases are being built into training data. Noble joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech."

Leia mais: AI Is Not Safe Yet, Says UCLA Professor
Bloomberg

SpaceX Has Proved 'Outlandish' Ideas Before: Baillie Gifford's Singlehurst Says

With enthusiasm for SpaceX's IPO building, attention has turned to its orbital data center plans. Peter Singlehurst, head of private companies at Baillie Gifford, says making outlandish ideas work is something the Musk-run company has done multiple times before. Singlehurst speaks with Caroline Hyde and Ed Ludlow on "Bloomberg Tech."

Leia mais: SpaceX Has Proved 'Outlandish' Ideas Before: Baillie Gifford's Singlehurst Says
Bloomberg

Trump Says US Won't Renew USMCA, Must Be Treated Better by Canada and Mexico

President Donald Trump said he would not reauthorize the US's trade deal with Canada and Mexico. "I'm not looking to renew it," Trump told reporters Wednesday at the White House. "We don't need anything that Canada has, we don't need anything that Mexico has, but they need everything that we have, and they have to treat us better."

Leia mais: Trump Says US Won't Renew USMCA, Must Be Treated Better by Canada and Mexico
Grafa

Johnson & Johnson hit with $32M mesothelioma verdict in Los Angeles talc trial

A Los Angeles County Superior Court jury has ordered Johnson & Johnson (NYSE:JNJ) to pay $32 million to the family of a California woman who died from pleural mesothelioma, concluding that her fatal cancer was directly caused by decades of exposure to asbestos-contaminated talc in the company's iconic baby powder.

Leia mais: Johnson & Johnson hit with $32M mesothelioma verdict in Los Angeles talc trial
Bloomberg

Traders Keep Bets on a Fed Hike in 2026 After CPI Data

Bond traders maintained bets that the Federal Reserve will raise interest rates by the end of the year, even after a soft US core inflation reading eased pressure on Chairman Kevin Warsh to act sooner.  Sree Kochugovindan, Senior Research Economist at Aberdeen, discusses the path forward for the Fed, as well as what's in store for other central banks.

Leia mais: Traders Keep Bets on a Fed Hike in 2026 After CPI Data
Grafa
Technology

Judge denies Meta and Google motions for new trial in landmark social media harm case

A California state court judge has denied post-trial motions by Meta Platforms (NASDAQ:META) and Google’s (NASDAQ:GOOGL) YouTube seeking a new trial, upholding a landmark jury verdict that found the tech giants liable for intentionally designing addictive features that harm the mental health of youth.

Leia mais: Judge denies Meta and Google motions for new trial in landmark social media harm case