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Treasury Secretary Scott Bessent challenged traders to counter his efforts to strengthen Japan’s currency, touting that when he makes market calls nowadays he’s effectively doing so with inside information. Bloomberg's Sunny Bangia breaks down the news. (Source: Bloomberg)
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Oil prices jumped and stock futures fell slightly on concerns that energy supplies from the Persian Gulf would be further diminished by a drone attack on a critical pipeline in Saudi Arabia.
As alarm from the highest echelons of A.I. companies mounts, Buckingham Palace said the king would meet with executives to explore how the technology can be used for good.
President Trump said Ukraine’s attacks on Russian oil refineries were “hurting the world,” amid a global energy shock driven primarily by the U.S.-Israeli war with Iran.
The House is scheduled to be sent home in the coming days until after November's midterm elections, leaving a narrow window to pass any form of AI regulation.
Workers who forgo the traditional career path find there are rewards — and challenges — to going out on their own.
From the Trump administration to AI experts, plans by the Anthropic boss to boost safety have spawned a largely negative response OpenAI boss and Elon Musk back slowdown on ‘reckless’ AI development Editorial: controlling AI – humanity cannot outsource its survival The safety debate that ignited when whistleblowers last week warned that the most advanced AI poses an existential threat to humanity should come with a health warning: side effects include whiplash. It was only seven days ago that AI enthusiasts were cheerily toying with OpenAI’s newest model GPT-6 Astra which was marketed in part as a lifestyle tool to help people book tennis courts, run fashion companies and order takeaways. By Wednesday, cutting-edge AI started to look a lot less appealing when the resigning Anthropic researcher Jacob Coxon warned “the people building AI earnestly believe that it could kill us all by the end of the decade”. Yes, he was talking about artificial superintelligence – an as-yet-nonexistent version of the technology that outcompetes humans in most domains – but his comments, and the chorus of experts that echoed him, jangled plenty of nerves. Continue reading...
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