A Maryland cybersecurity consultant who allegedly stole nearly $55 million in hacked cryptocurrency and spent some of it on rare Pokemon and Magic: The Gathering cards went on trial in New York.
Edward Yardeni of Yardeni Research says bond yields could keep going higher from here and markets could be seeing a revenge of the so-called bond vigilantes. He says a yen-carry unwind could be driving the global bond selloff. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)
The former head of the US Securities and Exchange Commission warned about looming hurdles for artificial intelligence companies, citing competition with Chinese models and the potential for guardrails.
ExodusPoint Capital Management is working with Anthropic PBC to expand the use of artificial intelligence agent Claude across its hedge fund operations.
Dan Ives, partner and senior managing director at Yorkville Ives & Co., examines Anthropic PBC as the company prepares to file its initial public offering and looks at the growing list of concerns surrounding AI. (Source: Bloomberg)
A planned UK data center has proposed relying mainly on gas generators for power while it waits at least a decade for a firm connection to the electricity grid, raising objections from local residents.
The UK needs to “move faster” on data center construction to reach a “sovereign level” of artificial intelligence processing power and infrastructure, AI minister Kanishka Narayan said in an interview.
US President Donald Trump will hold a luncheon Tuesday with the Chief Executive Officers of Nvidia Corp., Anthropic PBC, and Palantir Technologies to discuss artificial intelligence risks. OpenAI President Greg Brockman is also expected to join the event, which Trump is holding with House Speaker Mike Johnson. Neil Campling reports on Bloomberg Television. (Source: Bloomberg)
Five years after El Salvador made Bitcoin legal tender in a bid to reinvent how money moves through the economy, the government is turning to a different crypto technology for the job: dollar-backed stablecoins.
Anthropic PBC warned that its technology poses “catastrophic or existential risks to humanity” and mapped out plans to spend hundreds of billions of dollars in its prospectus as the artificial intelligence company prepared for its initial public offering, Reuters reported.
The social media platform X made nearly 500 accounts from journalists, economists, academics and other public figures inaccessible in Turkey in the past week, according to EngelliWeb, which monitors internet censorship in the country.
Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." For up to the minute market intelligence and insight, click MLIV . (Source: Bloomberg)
OpenAI is holding back a version of its Astra artificial intelligence model after the software failed to perform as well on safety evaluations as the current iteration. The version known as GPT-6.1 Astra improved with respect to so-called model laziness, which refers to things like failing to complete a task. Bloomberg's Neil Campling reports. (Source: Bloomberg)
Australia's data centre boom is facing headwinds, with local opposition to new developments adding to concerns about the costs and benefits of rapid AI expansion. The debate is being amplified by Prime Minister Anthony Albanese's call for stronger AI safeguards following revelations that an OpenAI model hacked a government website. Co-director of the Centre for AI and Digital Ethics at the University of Melbourne, Jeannie Paterson joins "Bloomberg: The Asia Trade" to discuss the future of Australia's AI ambitions. (Source: Bloomberg)
Google is contesting an attempt by the European Union to make it open up its Android operating system to artificial-intelligence rivals and give search data to competing providers.
Both the US and China see artificial intelligence as the new focal point of their economic rivalry. US President Donald Trump declared on Sept. 13 that “whoever wins AI, wins.” The question is whether the two nations can put aside their disagreements and cooperate in building a safe and sustainable AI environment. For now, neither trusts the other’s motives, and neither wants to slow down.
MSCI Inc. has rolled out a series of artificial intelligence value chain indexes to help investors hedge exposure to the sector more precisely, according to the financial data compiler.
