American AI companies’ performance lead over China narrowed sharply in past months to a record low after labs such as DeepSeek gained ground, threatening US tech supremacy, according to Bloomberg Intelligence.
Former Anthropic researcher Jacob Coxon, who warned that artificial intelligence could become too powerful for humans to control, will testify Monday at a New York City Council hearing alongside representatives of some of the world’s biggest AI companies.
Schwab Head of Macro Research and Strategy Kevin Gordon tells Bloomberg This Weekend that AI-related technology stocks are supporting the broader market even as many individual companies have suffered significantly larger declines, highlighting increasingly narrow market leadership. Speaking with hosts David Gura and Christina Ruffini, Gordon says a gradual Federal Reserve tightening cycle and a labor market that avoids widespread layoffs could support stocks, while investors are increasingly focused on whether companies sustain their enormous AI capital spending. (Source: Bloomberg)
Bloomberg Pursuits Senior Features Writer Thu-Huong Ha tells Bloomberg This Weekend about spending 48 hours in Singapore without relying on a smartphone, navigating a city where transportation, payments, dining and government services are deeply integrated with digital technology. Speaking with hosts David Gura and Christina Ruffini, Ha says the experiment required more patience and effort but also made her more observant of her surroundings and convinced her there is value in experiencing boredom without immediately reaching for a screen. (Source: Bloomberg)
The “Super Intelligence Force” will be led by Director of National Intelligence Jay Clayton and chairman of the Federal Trade Commission Andrew Ferguson, President Donald Trump says on Truth Social.
SoftBank Group Corp. chief Masayoshi Son — one of AI’s fervent believers — said that even he’s worried about safety risks as machines quickly gain more abilities.
The UK’s dependence on big American cloud providers poses “a strategic and economic vulnerability” to the country, politicians warned, as US authorities have the power to switch off Britain’s public services or demand personal information under federal law.
South Korean regulators urged financial institutions to promptly complete internal security inspections and report the results to authorities after a series of cyberattacks led to personal data breaches across the industry.
President Donald Trump said he appointed Jay Clayton, his director of national intelligence, to help lead a White House task force on artificial intelligence as the fast-moving technology raises concerns about its safety risks.
US Treasury Secretary Scott Bessent criticized prominent artificial-intelligence figures’ warnings about existential risks posed by the technology as alarmist and unhelpful, calling on the industry to police itself and produce solutions.
An OpenAI employee focused on AI safety has quit the company and warned that top artificial intelligence firms aren’t doing enough to mitigate the technology’s risks, joining a growing chorus of employees raising alarms from within the industry.
Taiwan’s foreign minister is set to visit Arizona for meetings with local officials and semiconductor companies, underscoring Taipei’s effort to deepen economic ties with the US as President Donald Trump seeks to stabilize relations with China.
Gary Marcus, Robust AI Inc. co-founder and former CEO, argues that developers, including OpenAI, lack sufficient safeguards for systems they can't reliably control. He speaks with Romaine Bostick on Bloomberg's "The Close." (Source: Bloomberg)
Apple Inc. said “a small number” of AT&T Inc. customers who recently upgraded to the company’s iPhone 18 Pro Max will need to replace their devices after a bug caused them to lose cellular service.
Apple Inc. said it plans to introduce new privacy controls for Mac users, warning of the growing risks around granting broad data access to third-party software, including artificial intelligence agents.
Nscale, the artificial intelligence infrastructure company, hired a long-time Meta Platforms Inc. executive to be its chief operating officer, to accelerate a rapid expansion connected to its upcoming initial public offering, according to a person familiar with the matter.
Colombia has begun paying for a €3.1 billion fleet of Saab fighter jets ordered by the previous government, complicating any attempt by President Abelardo de la Espriella to unwind the purchase as he struggles to repair the nation’s finances.
FBI and US Coast Guard investigators have found evidence that hackers accessed the propulsion system of an oil supertanker as it was approaching the Texas coast this summer, according to US officials familiar with the matter, an extraordinary breach that highlights the growing physical risks from cyberattacks.
