Bloomberg BusinessWeek

Allan Gray Australia Ltd. is favoring stocks related to beaten-down office landlords, expecting the sector to rebound as investors overestimate the threat artificial intelligence poses to demand for office space.

San Diego County has filed a lawsuit against mobile advertising technology company AppLovin Corp., alleging that it bypassed parental controls to serve ads for adult dating services, alcohol, vaping and graphic sexual content in games played by children.

Reflection AI, an artificial intelligence startup from two former Google DeepMind researchers, has unveiled a new open-weight model that it says rivals leading options in the US and China.

Scarlet Fu and Eric Balchunas discuss the new Bloomberg Intelligence tool 'Blue Horseshoe' on "Bloomberg ETF IQ." The new "Blue Horseshoe" tool lets Bloomberg Terminal users see which stocks the biggest active managers ('Big Active') are buying and selling every day on an aggregate basis. (Source: Bloomberg)

Companies are spending billions on AI, but actually getting it into production remains a major challenge. Insight Partners sees forward-deployed engineers as part of the solution: embedding directly with customers to turn AI into working products and workflows. Insight Partners Operating Partner Pablo Dominguez joins to discuss why the firm is launching a dedicated practice to help its portfolio companies build that capability. He joins Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)

Apple's new CEO is putting his own stamp on the company and making design a much bigger priority. Bloomberg's Mark Gurman discusses how John Ternus is taking a hands-on role as Apple prepares a wave of new products in this week's Power On newsletter - also now a podcast. He joins Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)

NEA partner Tiffany Luck says any slowdown in development at the AI frontier doesn’t have to slow adoption across the economy. She argues increasingly powerful models from OpenAI, Anthropic and others are already well ahead of enterprise deployment, leaving a major opportunity for companies that can turn raw intelligence into real-world workflows and measurable returns. She joins Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)

Companies are spending billions on AI, but actually getting it into production remains a major challenge. Insight Partners sees forward-deployed engineers as part of the solution: embedding directly with customers to turn AI into working products and workflows. Insight Partners Operating Partner Pablo Dominguez joins to discuss why the firm is launching a dedicated practice to help its portfolio companies build that capability. He joins Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)

Investors are likely to find it increasingly hard to make “easy money” by betting on outsized returns from artificial intelligence-linked capital expenditures compared with consumer-driven spending, according to strategists at Bank of America Corp.

CH Robinson agreed to buy trucking brokerage firm RXO Inc. in a deal centered around a bet that artificial intelligence can help the companies improve efficiency in a challenging freight market. Through a cash-and-stock transaction valued at about $5.8 billion, CH Robinson aims to diversify its business and capitalize on RXO’s abilities in expedited and last-mile delivery. CH Robinson, which has been using AI to transform its operations to become leaner, intends to use the system to extract $300 million of cost savings within two years. Lee Klaskow, Bloomberg Intelligence Senior Transport, Logistics and Shipping Analyst says that the $300 million estimate could be conservative. (Source: Bloomberg)

Stuart Kaiser, head of US equity trading strategy at Citigroup Global Markets, says higher gas prices are causing consumer be "edgy" as we get closer to the holiday season. He also expects CEOs to deliver bullish messages during earnings season. He speaks on "Bloomberg Open Interest." (Source: Bloomberg)

Maggie Fanari, chief executive officer of J. Rothschild Capital Management and an Anthropic investor, says the AI company can continue creating value after going public as it compounds growth over the long term. She also views Anthropic’s focus on AI safety as a strength, arguing that technological development and safeguards need to advance together. She speaks on "Bloomberg Surveillance." (Source: Bloomberg)

Former Anthropic researcher Jacob Coxon warned that the race to develop artificial intelligence poses risks that the industry itself doesn’t fully understand, at a New York City Council hearing where lawmakers weighed whether to impose their own safeguards on a burgeoning global business.

Elon Musk confirmed that TSMC and his companies are discussing a possible chipmaking partnership in Texas. The project could make TSMC a supplier to Tesla, SpaceX and xAI. Carmen Reinicke has more on "Bloomberg Open Interest." (Source: Bloomberg)

Bloomberg's Liana Baker discusses Schneider Electric’s roughly $23 billion cross-border acquisition of software firm PTC, describing it as the French company’s largest deal and a strategic push into industrial software. She speaks on "Bloomberg Open Interest." (Source: Bloomberg)

The world's tech billionaires made a combined $845 billion through Sept. 30. US tech billionaires make up 36% of the newly relaunched Bloomberg Billionaires Index. Elon Musk tops the list. Bloomberg's Dylan Sloan reports. (Source: Bloomberg)

CH Robinson Worldwide agreed to buy trucking brokerage firm RXO in a deal centered around a bet that artificial intelligence can help the companies improve efficiency in a challenging freight market. Liana Baker has more on "Bloomberg Open Interest." (Source: Bloomberg)

Michael J. Wolf, co-founder and CEO of Activate joined Bloomberg Open Interest to break down the $110B Skydance–Paramount merger, how cable still "banks" streaming, and why AI is reshaping costs, jobs, and growth across corporate America, before the real gains ever hit the bottom line. (Source: Bloomberg)

The defense contractor’s development unit is key to the company’s future success