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Trump, Musk, AI CEOs Meet; OpenAI Eyes $1.4 Trillion Value

2 hours 50 minutes ago
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from Brussels, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. Stocks rose and bonds steadied after a bruising selloff as traders awaited a crucial US inflation reading for clues on the interest-rate outlook. The dollar headed for its best month since June. Crude oil flows from the Middle East are returning toward pre-war levels despite continued risks to shipping, according to separate estimates from JPMorgan Chase and Goldman Sachs. And OpenAI aims to raise at least $30 billion from investors in a new round of funding, after the artificial intelligence startup pushed back its plans for an initial public offering. Today guests: Sabrina Khanniche, Pictet Asset Management, Senior Economist. (Source: Bloomberg)

JPMorgan, Goldman See Mideast Oil Flows Near Pre-War Levels

4 hours 24 minutes ago
Crude oil flows from the Middle East are returning toward pre-war levels despite continued risks to shipping, according to JPMorgan Chase & Co. and Goldman Sachs Group Inc. Shipments of crude oil have rebounded to 98% of pre-war levels, while flows of products such as diesel and gasoline were at 58%, according to JPMorgan. Meanwhile, Goldman Sachs said oil exports from the Persian Gulf had recovered to 23.3 million barrels a day over the last week, in line with the 2025 average. Bloomberg's Stuart Livingstone-Wallace breaks down the situation. (Source: Bloomberg)

UNC Says Pyongyang Violated Armistice as Landmine Spat Deepens

8 hours 53 minutes ago
United Nations Command said that Pyongyang violated the armistice with South Korea after investigators found an active North Korean landmine south of the inter-Korean border, a conclusion that will likely bolster Seoul’s calls for an apology over recent explosions that seriously injured its soldiers.
Heesu Lee

AI Safety Debate Deepens as Trump Backs Self-Regulation

9 hours 10 minutes ago
Bloomberg's Michael Shepard discusses the deepening debate over AI safety following an essay by Anthropic CEO Dario Amodei urging slower model rollouts. Shepard explains why President Donald Trump for now is rejecting strict guardrails, pushing instead for industry self-regulation. (Source: Bloomberg)

Trump & Tech Leaders Signed AI Agreement That Is ‘Morally Binding'

10 hours 34 minutes ago
"Balance of Power" focuses on the intersection of politics and global business. On today's show, Sen. Rand Paul (R-KY) says artificial intelligence will likely require a mix of industry self-regulation and protections for users, but argues Congress is moving too quickly toward new mandates. Florida Democratic Senate nominee and State Representative Angie Nixon says she doesn't agree with every position taken by the Democratic Socialists of America - or by the Democratic Party - as she makes the case for a broader coalition in her race against Republican Sen. Ashley Moody. (Source: Bloomberg)

Tech Leaders Agree AI Is Risky, Has to Be Safe

11 hours 8 minutes ago
Anthropic PBC Chief Executive Officer Dario Amodei, Nvidia Corp. CEO Jensen Huang, Meta Platforms Inc. CEO Mark Zuckerberg and Elon Musk talk about working together to make sure AI is safe after meeting with President Donald Trump at the White House. (Source: Bloomberg)

Florida Senate Nominee Nixon Draws Lines With DSA, Dems

11 hours 14 minutes ago
Florida Democratic Senate nominee and State Representative Angie Nixon says she doesn't agree with every position taken by the Democratic Socialists of America - or by the Democratic Party - as she makes the case for a broader coalition in her race against Republican Sen. Ashley Moody. Nixon also calls for guardrails around artificial intelligence, citing concerns about jobs, data privacy, safety and the impact of AI infrastructure on utility costs. She speaks with Joe Mathieu and Kailey Leinz on Bloomberg's "Balance of Power." (Source: Bloomberg)

Sen. Paul: 'Too Soon' for 'Crazy' AI Regulation

11 hours 23 minutes ago
As the White House brings AI industry leaders together in Washington, Sen. Rand Paul (R-KY) says artificial intelligence will likely require a mix of industry self-regulation and protections for users, but argues Congress is moving too quickly toward new mandates. Sen. Paul also discusses rising government debt and his objections to parts of a bipartisan bill targeting Chinese vehicles and components. He speaks with Joe Mathieu and Kailey Leinz on Bloomberg's "Balance of Power." (Source: Bloomberg)

Bloomberg Businessweek Daily: OpenAI Dev Day (Podcast)

11 hours 35 minutes ago
The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF OpenAI has unveiled an always-on artificial intelligent agent that’s designed to proactively tackle work on a user’s behalf, competing with firms like Meta Platforms Inc. in a growing field for AI-powered digital assistants. The product, called Dots, is capable of using a computer and pulling information from various connected applications to conduct research, draft documents and develop software, OpenAI said on Tuesday. On today's episode: OpenAI CEO Sam Altman & Ed Ludlow, Host of Bloomberg Tech Dave Lee, Bloomberg Opinion Columnist Ann Miletti, Head of Equity Investments at Allspring Global Investments Ian Rogers, Chief Human Agency Officer at Ledger (Source: Bloomberg)

AI Trade & OpenAI Developer Day

11 hours 46 minutes ago
The Close brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are OpenAI CEO Sam Altman, Bloom Energy CEO KR Sridhar, Alaska Air Group CEO Ben Minicucci, OpenAI CFO Sarah Friar, MongoDB Interim President & CEO Dev Ittycheria, Institute of International Finance CEO Tim Adams, BMO Head of US Commercial Bank Tony Sciarrino, & Brinker International CEO & President Kevin Hochman. (Source: Bloomberg)
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