Bloomberg Talks

OpenAI’s model helped identify a potentially catastrophic cybersecurity vulnerability in a programming language that runs millions of websites and applications. Greg Brockman, president of OpenAI, and Matthew Prince, CEO of Cloudflare — which helped protect websites before the flaw was publicly exposed — joined Bloomberg's Ed Ludlow to explain how AI is empowering cyber defenders and attackers.

See omnystudio.com/listener for privacy information.

Blackstone President Jon Gray doesn't think there is an AI bubble. He says demand for AI is "almost parabolic." He spoke to Bloomberg's Dani Burger about investing in AI and the firm's third-quarter earnings results.

See omnystudio.com/listener for privacy information.

Ramaco Resources CEO Randall Atkins says China is the 'bad guy' for dumping cheap steel onto global markets. The chief executive of the Nasdaq-listed metallurgical coal miner also says the company is pivoting towards rare earths development as the scramble for the metals accelerates, and both the US and Europe push to end their reliance on foreign supplies of critical materials. He spoke with Bloomberg's Caroline Hepker and Anna Edwards.

See omnystudio.com/listener for privacy information.

Kuwait Petroleum Corporation CEO Sheikh Nawaf Al-Sabah said that company told customers that it would do 'everything possible' to ensure shipments of crude would continue despite the closure of the Strait of Hormuz. Al-Sabah said that the company has been able to produce over 2 million barrels a day and is looking into future pipelines to move crude. Al-Sabah spoke with Bloomberg's Romaine Bostick.

See omnystudio.com/listener for privacy information.

With Bose acquiring Skullcandy today, CEO Lila Snyder discusses what the deal means for both companies, how the audio company is trying to reach the next generation with wired headphones, and the role AI will play in future products. Snyder spoke with Bloomberg's Romaine Bostick.

See omnystudio.com/listener for privacy information.

Meta Platforms boosted its capital spending outlook and announced plans for a new class of nonvoting stock, escalating its already-stratospheric bet on artificial intelligence. Capital expenditures will be $135 billion to $145 billion in 2026, the social-media giant said during its quarterly earnings report Wednesday, raising the bottom end of the range from $130 billion. The moves show that Meta has confidence that its spending on artificial intelligence will bear fruit. Chief Executive Officer Mark Zuckerberg has struggled to persuade investors to accept the company’s ballooning expenses for ambitious AI bets. But in recent months, Meta has made headway with its technology.

Meta shares rose in after-hours trading on Wednesday. They had gained about 6% this year through the close in New York.

For instant reaction and analysis, Bloomberg Businessweek Daily hosts Carol Massar and Tim Stenovec speak with Ed Ludlow, Bloomberg Tech co-host.

See omnystudio.com/listener for privacy information.

United Airlines CEO Scott Kirby said the sharp rise in fuel prices is weighing on the airline’s outlook, though United has passed on about 72% of the increase so far. Recent booking yields are up more than 20%, and Kirby said United could approach full fuel-cost recovery with roughly a three-month lag if fuel prices stop rising. He expects the airline to remain profitable despite earning less in the second half than last year or previously anticipated. Scott Kirby speaks with Bloomberg's Jonathan Ferro and Lisa Abramowicz.

See omnystudio.com/listener for privacy information.

Billionaire Ken Griffin said investors are “almost certainly” in the midst of an artificial intelligence bubble as many companies are still grappling with just how much they’ll spend on the technology and how it will transform the economy.

Speaking to Bloomberg's Dani Burger on stage at the annual Citadel Securities Future of Global Markets conference in NYC, Griffin talks about the recent headlines in AI, protests in France, US fiscal policy, tariffs, the upcoming midterm elections and more. Hear the full conversation as presented live on Bloomberg TV and Radio. 

See omnystudio.com/listener for privacy information.

SpaceX exceeded estimates for quarterly revenue and profit, driven by substantial growth in its artificial intelligence and satellite internet businesses.
Elon Musk’s satellite, rocket and AI conglomerate posted $4.4 billion in net income for the quarter ended in September, far better than analysts’ average projection of $1.88 billion. Revenue increased 161% from a year ago and also beat expectations.

SpaceX shares rose in New York after the close of regular trading.

For instant reaction and analysis, Bloomberg Businessweek Daily guest hosts Norah Mulinda and Alexis Christoforous speak with:

• Ed Ludlow, Bloomberg Tech co-host  
• George Ferguson, Bloomberg Intelligence Global Head of Aerospace, Defense & Airline Analysis

See omnystudio.com/listener for privacy information.

Mario Draghi, former President of the European Central Bank, joins Bloomberg's Lisa Abramowicz to discuss what he says is a "lack of growth" in Europe.

See omnystudio.com/listener for privacy information.