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The Financial News

AI Leaders Call For Development Slowdown as Safety Fears Mount


Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from Brussels, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we’ll tell you what matters for investors in Europe, giving you insight before trading begins.

Stocks and futures retreated after major artificial intelligence companies called for a slowdown in the technology’s development, raising concerns about a sector that has powered this year’s rally.

Oil pushed higher as Saudi Arabia’s closure of a major crude pipeline following attacks jolted the market, with the move disrupting a route that’s been key to bypassing the Strait of Hormuz during the US-Iran war.

And Sweden’s election will go down to the wire, the tightest in its history, as a result hinges on the complete counting in coming days of late-arriving ballots and votes from overseas. All party leaders said the result was too close to call on election night.

Today’s guest: Maria Luis Albuquerque, EU Financial Services Commissioner.

Chapters:
00:00:00 – Daybreak Europe
00:03:18 – Asia Stocks Drop on AI Slowdown Concerns
00:06:10 – Anthropic Expects an Operating Profit This Quarter, FT Says
00:09:25 – Saudi Shuts Oil Pipeline That Bypasses Hormuz
00:15:20 – Markets Eye BOJ Signals on Rate Path
00:19:32 – Swedish Voters in Limbo in Election Race Too Close to Call
00:20:02 – Swedish Election to go Down to the Wire
00:26:09 – Maria Luis Albuquerque, EU Financial Services Commissioner
00:38:11 – Orcel, Germany’s Klingbeil to Meet Later
00:40:17 – Trump Says he Would Like to See Ireland ‘Unified’
00:42:53 – Trump Vows to Lift Irish Whiskey Tariffs at Irish Open
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More on Bloomberg Television and Markets

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