Hong Kong is preparing to unveil its first five-year development blueprint on Wednesday, as it seeks to align its priorities with those of mainland China. "Bloomberg: The China Show" co-anchor Yvonne Man reports on what's expected in the master plan and what it could mean for the city's future.
Axa Chief Executive Officer Thomas Buberl says the insurer will prioritize efficiency and shareholder returns over acquisitions after raising its profitability and growth targets for the next three years. "We will deploy and employ the policy as we've always done," Buberl tells Bloomberg Television. "We look at what is interesting when we talk about bolt-ons, but the focus is really organic growth."
US President Donald Trump's opposition to guardrails on artificial intelligence puts him at odds with a growing number of lawmakers from both parties, with AI safety fears adding to voters' misgivings about the technology heading into the midterm elections. Bloomberg's Anthony Stephens breaks down the situation.
Prime Minister Andy Burnham is considering whether to help Saudi Arabia counter attacks from the Houthis in Yemen as UK concerns about a worsening economic hit from the escalating conflict grow. The Saudi government has requested a range of diplomatic and military support from the UK, but it's unclear whether Burnham is willing to approve them. Bloomberg's Stuart Livingstone-Wallace has more.
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."
