Trump's AI Safety Switch, OpenAI Targets $1.4 Trillion Value
Summary
President Trump and major tech leaders signed a non-binding AI safety accord to prioritize industry self-regulation over new government rules, aiming to maintain US competitiveness against China. Meanwhile, UK PM Andy Burnham opened the door to rejoining the EU, while oil prices remain elevated due to Middle East supply deficits. The 30-year Treasury yield hit its highest level since 2002 as the Fed warns that tighter monetary policy is needed to combat energy-driven inflation.
Topics discussed
Sponsorships: ChatGPT Work, Optum, and Mastercard
Bloomberg Daybreak Introduction
Trump and Tech Leaders Sign AI Safety Accord
OpenAI Scraps GPT-6 Plans Amid Safety Concerns
UK PM Burnham Opens Door to EU Re-entry
Middle East Oil Flows Return Toward Pre-War Levels
Treasury Yields Hit Multi-Decade Highs
Supreme Court Allows Resumption of Deportations
Jack Smith Clashes with Senators Over Trump Indictments
Jamie Diamond on Trade Deals and Michigan Investment
New York News: Cornell Review, Midterms, and Taxes
Bloomberg Sports Update: MLB and NHL
Sponsorships: Asana, IBM, and Addio
Interview: Neil Campling on AI Accord and US-China Race
Outro and Bloomberg Tech London Promotion
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