Bloomberg is a financial news and data outlet. Its recent coverage has centered on agentic AI security and control, and on doubts over AI returns: disappointing Alphabet and Samsung earnings, Amazon scaling back most Nova models, former SEC chair Gensler expecting the AI investment boom to slow or reverse within 18 to 30 months, and executives at Bridgewater, Deutsche Bank and BNY discussing AI investing and spending.
Envision Plans Renewable-Powered Data Centers WorldwideRicky Zheng, General Manager of AIDC at Envision Group, said the company plans to build data centers worldwide powered by renewable energy, naming Latin America, Southern Europe and Africa as ideal locations.
Attackers and defenders race on agentic AI securityA Bloomberg panel notes that both attackers and defenders are gaining AI-powered speed and scale, changing the threat landscape. Security leaders discuss emerging vulnerabilities and how to build resilience for increasingly autonomous enterprises.
Self-driving networks underpin the agentic enterpriseAs AI agents shift from insight to action, enterprises move toward more autonomous operations, per a Bloomberg session. Self-driving networks are framed as the foundation for this shift, improving resilience and keeping pace with machine speed.
Control may decide who captures agentic AI valueA Bloomberg discussion argues that as AI moves from generating answers to taking action, control over data, infrastructure and workloads may determine who captures the value of agentic AI.
Bridgewater CEO Nir Bar Dea discusses AI investing and marketsBridgewater CEO Nir Bar Dea discusses the US economy, rising national debt, the dollar, and how he expects AI to reshape investing, in an interview on The David Rubenstein Show. He also recounts his path from the IDF to becoming Bridgewater's CEO. The interview was recorded September 25 in New York.
What Wall Street really thinks about the AI trade nowA Bloomberg podcast discusses Wall Street's current views on the AI trade, against the backdrop of market wobbles from headlines like Anthropic's S-1 and earnings from hyperscalers Oracle and Microsoft. Barclays global head of equities tactical strategies Alexander Altmann helps make sense of whether AI is immune to interest rates, historical precedents for AI capex, and the KOSPI-fication of the S&P 500.
Tech Rally Stalls as Alphabet, Samsung DisappointDisappointing earnings from Alphabet and Samsung halted this week's global tech stock rally and revived doubts over whether billions of dollars in AI spending will deliver sufficient returns.
Deutsche Bank CFO on fixed income, AI boomDeutsche Bank CFO Raja Akram spoke with Bloomberg's Oliver Crook about earnings, the AI boom and market outlook after the bank's third-quarter fixed-income trading revenue fell year over year but met analyst estimates; Akram described the business as 'solid.'
Tsinghua's Zhang on China's AI innovation outlookZhang Yaqin, chair professor and founding dean of AI Industry Research at Tsinghua University and former Baidu president, discussed his outlook for AI innovation from Chinese university labs in a Bloomberg interview at the One Earth Summit in Hong Kong.
Amazon scales back Nova models, reorganizes AI teamsBloomberg reports that Amazon, after its in-house LLMs underperformed, is scaling back most Nova models, putting text, image and video models on minimal "keep the lights on" support. Resources are shifting to a single frontier-model effort led by Pieter Abbeel, whose robotics firm Covariant Amazon acquired in 2024. The move follows last week's closure of an 80-person AGI research office in San Francisco.
Former SEC Chair Gensler warns AI boom will pull backCiting history, Gensler expects the current AI investment boom to slow or reverse within 18 to 30 months, with mounting debt shaping how disruptive the correction is. He also raised the possibility that the U.S. has overbuilt AI infrastructure, plus financial stability concerns.
JPMorgan Private Bank: balance AI exposure with quality credit, real assetsJPMorgan Private Bank investment strategist Madison Faller told Bloomberg Television that investors can balance AI exposure with quality credit and real assets. The allocation view speaks to concerns about heavy concentration in AI-themed trades.
Oil shock and AI boom widen divide in emerging Asian currenciesBloomberg reports that rising oil prices and the AI boom are widening the divide among emerging Asian currencies, deepening losses for most while giving a buffer to some, such as the Korean won.
BNY CFO discusses AI strategy and business growthBNY global CFO Dermot McDonogh outlined the bank's growth strategy in a Bloomberg TV interview and said he is monitoring AI spending to avoid overspending on related tools. No specific spending figures or AI project details were disclosed.
South Korea Budget Minister Calls AI Fund a 'Fiscal Dam'South Korean budget minister Park Hong Keun said an AI fund financed by semiconductor-driven tax gains will act as a "fiscal dam" to cushion the impact of rising yields. The remarks come as many countries face surging borrowing costs.
OpenAI and Anthropic target Wall Street AI market in three layersWall Street's AI market is developing across three layers: financial data owners such as LSEG, Daloopa and PitchBook; workflow startups such as Rogo and Hebbia; and proprietary content providers such as Bloomberg and AlphaSense. Data providers supply both AI labs and startups, generating revenue regardless of which platforms win.
Forge Nano discusses atomic-precision chip techForge Nano CEO Paul Lichty told Bloomberg about the company's atomic-precision technology for semiconductors and lithium-ion batteries, plans to expand US production and opportunity in AI-driven chip demand.
Can the AI boom survive a margin squeeze?On a Bloomberg podcast, Silicon Data research head Steve Hou and host Merryn Somerset Webb discuss a core tension in AI economics: token prices are falling while compute costs rise. They examine what the mismatch could mean for valuations of OpenAI and Anthropic and whether demand can justify the huge infrastructure investment.
Markets look to Big Tech for evidence of AI payoffOn Bloomberg This Weekend, MetLife Investment Management chief market strategist Drew Matus discussed how AI investment is driving markets, corporate spending and parts of the US economy, as investors await Big Tech earnings for evidence the spending pays off. He also flagged risks from rising tech investment and what markets want to hear on inflation from Fed Chair Kevin Warsh.
Atlantic CEO says AI boom faces growing public backlashThe Atlantic CEO Nicholas Thompson told Bloomberg that AI offers powerful business tools but poses significant risks to media, while its broader economic impact lags behind rapidly advancing capabilities, with public backlash growing.
AI wealth fuels high-end matchmaking with packages over $500,000Linx Dating founder Amy Andersen told Bloomberg that newly wealthy AI creators are driving demand for high-end matchmaking, as busy professionals seek an alternative to dating apps. Her firm vets and recruits partners for clients, with packages that can exceed $500,000.
Technical colleges bet on AI-driven demand for skilled workersBloomberg reports that technical colleges are betting a surge in demand for skilled workers, driven by AI, will lift profits, expanding campuses and programs to take in more students—though the payoff may take time to materialize.
Bloomberg Show Examines AI Jitters, Oil and Big TechBloomberg's The Close discussed AI market jitters, oil prices and Big Tech around the Wall Street closing bell, with guests from BlackRock, AXA, Mizuho Securities, AlixPartners and Interactive Brokers. No specific figures or AI deals were disclosed.
Robinhood CIO discusses how investors are using agentic AIRobinhood CIO Stephanie Guild said on Bloomberg that consumers are taking advantage of the AI pullback to invest and can now use agentic AI agents to invest on their behalf.
AlixPartners co-CEO on AI costs and returnsAlixPartners co-CEO Rob Hornby said on Bloomberg that AI costs are falling faster than comparable technologies historically but remain substantial. Companies are in a transition period with ongoing investment and uneven returns, and the shift from flat fees to per-token charges has exposed cost pressures.
AI-driven selloff lifts JGBs; manager sees Japan opportunityJapanese government bond yields fell across the curve Friday as an AI-driven equity selloff boosted haven demand, with a U.S. Treasury rally spilling into Japan. Hennessy Japan Fund portfolio manager Masa Takeda discussed overseas opportunities in Japan, AI adoption and how global bond rallies could redirect investors.
Dudley sees Fed holding in October, hike in DecemberFormer New York Fed President Bill Dudley expects the central bank to hold steady in October and raise rates in December, discussing the Fed troika's messaging and how the AI buildout affects rates.
AI trade faces earnings test: market snapshotSeveral of the world's biggest tech names reported earnings this week, drawing mixed investor reactions. Jitters over the AI trade are shifting from cash flows and profits to how the technology's massive build-out is being financed. Bloomberg's "The Opening Trade" team spoke with strategists and CEOs about whether the AI boom is nearing its peak.
Treasuries regain haven role as AI stock selloff deepensBloomberg reports that a gauge of the inverse relationship between Treasuries and AI-focused stocks has strengthened to levels last seen a year ago, as a deepening tech selloff pushes investors back into bonds. The haven role had faded amid inflation and rate worries.
AI stock selloff pushes global credit spreads to 17-month highBloomberg reports the strongest risk-off signal in global bond markets in more than a year. A selloff in AI stocks plus rising geopolitical tensions drove investors into safe-haven assets, lifting global credit spreads to a 17-month high.
The A.I. Daily