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AI Chips Surge, Mega Deals Hit

Get a jump start on the US trading day with Dani Burger on "Bloomberg Open Interest." AI chips are surging as Altman backs Cerebras and Musk fuels a TSMC rally. Two mega deals hit the tape, while Brazil markets jump on a Bolsonaro upset. Plus, Michael J. Wolf breaks down the $110 billion Skydance and Paramount merger, Carley Garner makes the case for a…

Coverage (1)· Oct 5, 4:30 PM

Every telling

their own versions

Bloomberg· Oct 5, 4:30 PMAI Chips Surge, Mega Deals Hit

The thread

Before

Pentagon stops using Anthropic AI tools after blacklisting company, BBC toldIt labelled Anthropic a "supply chain risk" in February after the firm refused to remove safety guardrails from its tools.

BBC News6h agoWhole story →

'Freaking Insane': Sam Altman Sparks Horror by Saying We Should 'Accept Some Bad Things Happening' for Sake of AICritics of the artificial intelligence industry expressed horror after OpenAI CEO Sam Altman said the world needs to "accept some bad things happening" as the price to pay for technological advancement. In a Sunday interview with Politico, Altman was asked where his company differs from rival Anthropic, whose CEO, Dario Amodei, has called for guardrails…

Common Dreams8h agoWhole story →

SC Attorney General Alan Wilson presses Flock Safety for answers on AI use, data privacySouth Carolina Attorney General Alan Wilson sent a letter to Flock Safety on Monday, questioning the company’s privacy and security policies regarding its license-plate camera system.

WIS108h agoWhole story →

Sanders backs Pope Leo’s call to protect human art from AIThe first American-born pontiff said Friday it is “becoming urgent to distinguish human art from what machines produce,” referring to AI-generated art.

NewsNation9h agoWhole story →

'A nightmare for individual liberties' — Josh Hawley unveils sweeping new anti-Flock legislationIf one lawmaker has his way, new rules are coming that will change the way Flock Safety and other automated license plate reader companies will run their companies. With data and accountability at the forefront, tech companies could face much stricter parameters on what they can do with their recordings. 'A nightmare for individual liberties.' Missouri…

The Blaze10h agoWhole story →

Since

US spy chief tapped as White House AI czarA new task force led by Jay Clayton, the director of national intelligence, will have 120 days to analyze and report on AI’s risks and opportunities, amid growing global calls for AI safety measures.

Government Executive4h agoWhole story →

Emerging tech has new Army leaders warning troops can't ‘AI’ their way to victory on the battlefieldGen. Christopher LaNeve says command and control is the Army's top modernization priority as new leadership narrows its sweeping transformation push.

Fox News4h agoWhole story →

Humiliating flaw spotted in Trump's latest AI-generated Greenland threatPresident Donald Trump's latest AI-generated fantasy about seizing Greenland contains an embarrassing flaw that critics were quick to seize on: the Arctic territory he's so eager to claim has no penguins. As The Daily Beast flagged on Monday, Trump shared a Truth Social post featuring an AI-generated image of himself standing in front of a snowy mountain…

Raw Story3h agoWhole story →

Expedia hit with antitrust class action over algorithm pricing schemeA class of consumers claim the massive online travel agency has forced hotels to raise prices across platforms, impacting even consumers who don't use Expedia.

Courthouse News Service2h agoWhole story →

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Brazil Real Surges After Bolsonaro Takes Surprising LeadFlávio Bolsonaro took a surprise lead over Luiz Inácio Lula da Silva in the first round of Brazil’s presidential election, making him the favorite to win the runoff which is to be held October 25. Brazil's real surged against the dollar in Sao Paulo Monday morning. Bloomberg's Travis Waldron reports from Brazil. (Source: Bloomberg)

Bloomberg8h agoWhole story →

Newsom denies pressuring California AG Bonta over Paramount merger settlementGov. Gavin Newsom, D-Calif., denied pressuring California Attorney General Rob Bonta to settle the antitrust lawsuit against Paramount Skydance ahead of its merger.

Fox News12d agoWhole story →

Government Gavin Newsom paramount merger settlement

Your home heating oil bill is likely to jump this winterMillions of homeowners will face higher heating costs this winter because of surging global oil prices, according to a new forecast.

CBS News20d agoWhole story →

California tech CEO arrested for allegedly smuggling $300 million in restricted AI chips into ChinaFederal agents on Wednesday arrested a California tech CEO who’s accused of smuggling more than $300 million in restricted AI chips into China.

New York Post4d agoWhole story →

Security ai chip smuggling arrest