OpenAI Considers Slowing AI Development
Brent oil slipped, easing this week’s sharp rally, after the International Energy Agency warned about a deteriorating outlook for consumption this year.
US stocks and Treasuries caught some respite as oil prices eased, with traders looking to the August US inflation report for the clearest signal yet on whether the Federal Reserve will hike interest rates next week.
Bloomberg has learned OpenAI is considering slowing down the development of cutting-edge artificial intelligence, and the ChatGPT maker’s CEO Sam Altman is hoping other AI companies will do the same. In a company-wide meeting this week, Altman told employees that OpenAI could potentially pace its AI development — perhaps in conjunction with several other AI labs, but that some may not agree to do so, according to people familiar with the matter.
Today’s guests: Toril Bosoni, International Energy Agency Oil Industry & Markets Division Head; Jim O’Neill, UK House of Lords Member; Mohit Kumar, Jefferies Chief European Economist & Strategist; Katja Hoyer, Historian & Author.
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“The Pulse With Francine Lacqua” is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
Chapters:
00:00:00 – The Pulse with Francine Lacqua
00:00:24 – Inflation fears drive global bond selloff
00:02:56 – Toril Bosoni, IEA Head of Oil Industry and Markets Division
00:12:55 – Jim O’Neill, UK House of Lords, Member
00:23:34 – Friday headlines
00:24:20 – Mohit Kumar, Jefferies, Chief European Economist and Strategist
00:29:52 – OpenAI’s Altman said to tell staff open to slowing cutting-edge AI
00:33:09 – Trump says Americans ‘deserve’ promised payout
00:37:57 – France cuts 2026 GDP growth
00:38:37 – Sweden general election on Sunday
00:40:57 – Katja Hoyer, Historian
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