Rachel Metz

As AI starts helping build the next generation of AI, warnings about losing control are growing louder, but critics say the focus on existential risk is overshadowing problems that are already here.

It's the subject of Bloomberg Rachel Metz and Davey Alba, uh, latest reporting and, and frankly, a great body of work trying to cut through the noise of the week.

Davey, I'm gonna start with you.

Just summarize what our story, uh, outlines and take us to the, the origin, which is the hugging face incident.

Um, on the other hand, I've spoken to other people, um, such as the CEO of Cohere, um, Aidan Gomez, um, who also, um, a very key figure in AI, and he had a, a thought that was a little bit more like, "Look, I, I don't think that this is going to kill people or kill us en masse, but there are some really real issues here, and those do need to be worked on.

And maybe slowing down certain things could be helpful, but it's not a, a situation where, um, we're at imminent risk of all being extinct."

Uh, Bloomberg's Rachel Metz and Davey Alba, authors of the report, Anthropic's Warning of Existential Risk Hijacks Large AI Debate.

It's a must-read on Bloomberg.

The president, uh, Donald Trump, has put AI at the center of the economic competition with China, and he doesn't want anything holding the US back in this moment.

Bloomberg's Rachel Metz here in San Francisco, Mike Shepherd in Washington, DC, thank you very much.

The AI trade's under pressure as investors are asking whether slowing AI development could also slow the massive spending boom behind it.

Uday Tiruvi, portfolio manager at Harding Lohr, joins us now, and a portfolio manager who's focused on some of the names being hit hardest this morning, Nvidia on the compute side, the memory names, some of the neo clouds.

they sort of called out their responsible scaling policy and how for a long time Anthropic has, um, you know, had a sort of framework in place to not release models if they feel they are overly dangerous.

Bloomberg's Shereen Ghafari, who again broke that story on OpenAI, with Rachel Metz.

Go and read it on all Bloomberg platforms.

It's time now for Talking Tech.

According to sources, the chip maker's in advanced talks to buy Hugging Face in a deal that could total $14 billion.

For more, Bloomberg's Ian King is here with us, along with Rachel Metz, both of whom broke the story last night.

We've known about, Ian, the number of $12.9 billion.

That's the kind of acquisition, and we've known that it's close.

The judge found that the ban isn't adequately justified and was based on a desire to make a public example out of Anthropic for its criticism of the government.

Bloomberg's Rachel Metz has the details.

Rachel, is it just as easy now as flipping a switch and saying, "Okay, well, now the government is using Anthropic tech again"?

No, it's-- Well, it's not quite that easy.

They are so good at defending against, uh, cyber security threats, but they also conversely could be used for the opposite, to perpetrate those kinds of threats.

And because of that, we think that governments and organizations, companies really should shore up the defenses they have," because the companies are concerned that these models could be used positively but also misused by bad actors.

Bloomberg's Rachel Metz out there in San Francisco.

Check out Rachel and the entire team's reporting on the Bloomberg Terminal and at bloomberg.com. Coming up next, we're going back to Wyoming for more on what we learned from Fed Chair Kevin Warsh at the symposium.