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.
Delta Electronics VP sees years of strong AI data-center demandDelta Electronics VP Kelvin Huang told Bloomberg Tech Asia that the company expects strong growth in AI data-center demand for years to come. The Taiwanese power and thermal management supplier is closely tied to data-center buildouts.
FailSafe president discusses defenses against AI-driven cyberattacksWui Foo, president and co-founder of cybersecurity firm FailSafe, told Bloomberg that institutions must protect websites and services from vulnerabilities and AI-driven cyberattacks amid a recent surge in security loopholes.
Hollywood executives debate AI's promise and risksFour entertainment leaders debated AI's growing role in Hollywood at a Bloomberg event, covering who benefits, what is at risk, and the implications for jobs, ownership and creative control.
AI Will Become A Commodity Over Time: NamburiMadhu Namburi, managing director at General Catalyst, said AI will become a commodity over time. He discussed AI's impact on dealmaking and investments on Bloomberg.
BofA's Mensah on AI Bubble Debate and Global MarketsBank of America's Bernard Mensah discussed the AI bubble debate, rising sovereign bond yields and shifting global investment opportunities at the Berlin Global Dialogue, also covering supply chains, Europe's growth challenges and Asia.
Peel Hunt's Pickering Warns of AI Boom-Bust RisksPeel Hunt's Kallum Pickering warned that high interest rates combined with heavy AI investment are concentrating capital and raising boom-bust risks. He also discussed Fed policy, US debt, the US-China AI race and expects inflation to fall decisively next year.
Chainalysis: AI agents make over 138M autonomous crypto transactionsChainalysis research head Eric Jardine said the firm's research found AI agents autonomously spending crypto, completing more than 138 million transactions on Base, the most popular blockchain for agentic commerce.
Data-center debut plunges, fueling AI valuation worriesBloomberg's Open Interest highlights a gut-check for AI as a data-center debut crashes on valuation and debt fears. Separately, GM tightened its profit outlook and launched a $20 billion buyback.
Sequoia partner discusses the AI agent economyAt Citadel's Securities Conference, Sequoia Capital partner Konstantine Buhler said he is bullish on AI agents, arguing they will create a new economy and job growth, and that near-term market shifts won't erase long-term opportunity.
ASI raises $325M at $3B valuationASI founder and CEO Phillip Buckendorf said its AI helps customers such as the FAA and the military orchestrate complex systems and beat rivals including Palantir for government contracts. The company just raised $325 million at a $3 billion valuation.
AI fears return as Elice IPO plunges 32%South Korean data center firm Elice fell 32% in its market debut, reviving fears about the AI trade. Anthropic is in talks with Nscale for a computing deal worth up to $45 billion, and Eric Schmidt's early Anthropic stake could be worth up to $20 billion at a $2 trillion IPO valuation.
AI worries drag chip stocks lower, Treasuries gainRenewed concerns about the AI trade, sparked by the weak market debut of a South Korean data center firm, drove fresh selling in chipmakers that dragged stocks lower while Treasuries gained on safe-haven demand.
Amazon, Meta AI wearables raise privacy concernsBloomberg reports that AI wearables from Amazon and Meta are raising privacy concerns over always-listening capabilities. The always-on devices continue to draw scrutiny over how they collect and use user data.
Goldman strategist sees no debt access concerns amid AI buildoutGoldman Sachs chief credit strategist Amanda Lynam told Bloomberg that recent widening in AI-related credit spreads resembles an earlier episode, but high-yield debt is now leading the move and investors are raising fundamental questions. She is not worried about access to debt amid the AI buildout.
Strategist warns AI debt may trigger selloffPeter Tchir, head of macro strategy at Academy Securities, said he is nervous about a potential selloff in AI-related debt and sees faux liquidity in markets. He made the remarks on Bloomberg Surveillance.
HSBC strategist says market stress is mostly technicalHSBC chief multi-asset strategist Max Kettner says the market is "incredibly technically-driven," and he sees no fundamental catalyst outside earnings to calm nerves around concerns about artificial intelligence.
AI chip startup Tenstorrent raises $1.5B at $6.2B valuationAI chip startup Tenstorrent Inc. has raised $1.5 billion from investors, lifting its valuation to $6.2 billion, according to a statement provided to Bloomberg News. The company had attracted takeover interest earlier this year.
Investors push back more on premium AI valuationsBloomberg reports that investors are asking more questions about premium AI valuations, suggesting AI-related assets face closer scrutiny after being priced at a premium. The item gives no specific valuation figures.
Anti-AI trade drives buyers into bondsBloomberg market analysis says an anti-AI trade is pushing investors into bonds. The program discussed key themes for analysts and investors that day.
Bloomberg weighs small-cap comeback versus AI boomIn a Bloomberg podcast, Downing fund manager Simon Evan-Cook and Odyssean Capital's Stuart Widdowson discussed how small caps remain unusually cheap after years of lagging US megacaps and the AI boom. They examined what could bring investors back and whether small-cap value could become the ultimate anti-AI trade.
Cornell's Basu discusses US-China AI race and global economyKaushik Basu, a Cornell University professor and former World Bank chief economist, spoke to Bloomberg at the Bund Summit in Shanghai about the US-China AI race and its impact on the global economy.
AI selloff may near turning point as Big Tech earnings loomBloomberg reported that the AI trade may be nearing a turning point as Big Tech earnings test investor sentiment on hyperscaler spending. The segment discussed how investors are positioning ahead of the results.
India minister says AI will empower space missionsIndia's science and technology minister Jitendra Singh told Bloomberg that AI is a great advantage for empowering India's space missions. He said human-led intelligence must use AI optimally to advance nuclear and space programs.
Andreessen's growing political influence as Republican donor and adviserBloomberg Businessweek writer Austin Carr says Andreessen Horowitz co-founder Marc Andreessen became an influential Republican donor and adviser after disputes over AI and crypto policy, converting Silicon Valley influence into Washington access with a style associates call more calculated than his combative online persona.
Barry Ritholtz: AI selloff tests investor confidenceRitholtz Wealth Management's Barry Ritholtz told Bloomberg that AI remains transformational but investors face a hard task picking winners, discussing CoreWeave's selloff, AI financing and valuation concerns, and Tesla's EV competition.
JPMorgan's Bob Michele on financing the AI boomOn Bloomberg's Masters in Business, JPMorgan CIO and Head of Global Fixed Income, Currency and Commodities Bob Michele discusses financing the AI boom and whether the US is heading toward recession.
Dorm Room Fund says AI fuels US campus startup boomStudent-focused venture fund Dorm Room Fund says AI lowers barriers to building companies and creates new opportunities for first-time founders, arguing fears that AI makes college obsolete miss an unfolding campus startup boom. Founding partner Molly Fowler shared growing optimism among young founders on Bloomberg Tech.
CoreWeave, Nscale put neocloud economics in focusConcerns over heavy debt financing behind the AI infrastructure boom are putting neocloud providers under scrutiny. Decoding Discontinuity CEO Raphaelle D'Ornano says interest expenses weigh on CoreWeave's economics as investors look beyond contracted backlogs to financed, energized capacity, while Nscale's vertically integrated approach precedes a potential IPO.
Big Tech earnings meet AI anxietyBloomberg's show noted Big Tech earnings are in high gear as AI anxiety rattles investors, while Fed Chair Kevin Warsh stayed silent on rates, fueling bets the Fed holds steady this month. Tesla's Roadster was revealed using SpaceX technology, and Netflix saw a major shakeup at the top.
CoreWeave Co-founders Sell $3.3B in SharesThree CoreWeave co-founders have sold $3.3 billion in company shares since last year's IPO. Rising credit risks and investor wariness around AI spending are fueling stock volatility, with Dan Ives saying the AI game is only in the 'third inning.'
The A.I. Daily