Axis Bank CEO's AI Push Signals Slower Hiring Ahead
Axis Bank CEO Amitabh Chaudhry expects its investments in AI to help it expand without growing headcount at the same pace. He said this in an exclusive interview with Bloomberg's Haslinda Amin.
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Axis Bank CEO Amitabh Chaudhry expects its investments in AI to help it expand without growing headcount at the same pace. He said this in an exclusive interview with Bloomberg's Haslinda Amin.
Anthropic researcher Jacob Coxon has walked away from the company, saying it is "gambling with our lives." Seth Fiegerman has more on "Bloomberg Open Interest."
Mike Wilson, chief investment officer and chief US equity strategist at Morgan Stanley, discusses how markets have "digested" multiple risks through the year and says the firm is rotating instead of reducing their overall exposure to equities. Wilson also warns about concerns in the short term for stocks related to crude product prices.
Jenny Johnson, president and CEO at Franklin Templeton Investments, discusses the rising cost of capital and the impact of the AI buildout on private credit and the US economy. Johnson speaks with Bloomberg's Guy Johnson at the IPEM Global conference in Paris, France.
Savers across Europe and the UK could be getting a better return on their money if they put more of their cash savings into investment accounts says Patrick Thomson, EMEA CEO of JPMorgan Asset Management. This is particularly important given Europe has an ageing population, so citizens will need pensions that last for longer. Thomson spoke to Bloomberg's Francine Lacqua on 'The Pulse'.
Blair Jacobson, Co-President of Ares Management, says investors need to be more careful in selection and due diligence in the software market. He speaks to Guy Johnson on "Bloomberg Brief" at the IPEM Global conference in Paris, France.
Isabelle Scemama, BNP Paribas Global Head of AM Alternatives, joins "Bloomberg Brief" to discuss how investors should respond to a more uncertain global backdrop. She speaks to speaks with Bloomberg's Guy Johnson at the IPEM Global conference in Paris, France.
Max Kettner, chief multi-asset strategist at HSBC Bank, points to US growth and exceptionalism as he makes the case for higher US yields. Kettner says, "at the end of the day, this is fundamentals, this is not about what Scott Bessent wants." He speaks on "Bloomberg Surveillance."
Market participants will find out Wednesday how far Treasury Secretary Scott Bessent is initially willing to go to restrain US bond yields via an expanded buyback program. The Treasury Department is expected to announce the size of the next day's operation to repurchase outstanding 10-year to 20-year securities. Ven Ram of Bloomberg MLIV has more.
Blair Jacobson, co-president of Ares Management, discusses the outlook for the software industry which came under pressure earlier this year as investors weighed the impact of artificial intelligence on the sector. "The general view was all software will get eaten by AI," Jacobson tells Bloomberg's Guy Johnson from the sidelines of the IPEM conference in Paris. "Seven, eight, nine months later, we've actually seen a bifurcation in that market," he adds.
Blair Jacobson, co-president of Ares Management, discusses the outlook for the software industry which came under pressure earlier this year as investors weighed the impact of artificial intelligence on the sector. "The general view was all software will get eaten by AI," Jacobson tells Bloomberg's Guy Johnson from the sidelines of the IPEM conference in Paris. "Seven, eight, nine months later, we've actually seen a bifurcation in that market," he adds.
Spanish Foreign Minister José Manuel Albares discusses the late-July incident that saw roughly 80,000 people illegally enter Ceuta, Spain's exclave in North Africa, from Morocco. "We are focused on giving back normality," Albares tells Bloomberg Television. "We are totally in favor of understanding everything," he says, stressing that there were several ongoing probes.
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