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OpenAI Co-Founder’s Safe Superintelligence Raises $1 Billion Amid AI Funding Frenzy

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Meanwhile, Sutskever, the co-founder of OpenAI, left the company in May this year to start his own AI company. Soon after his resignation, he wrote on X in May, “After almost a decade, I have made the decision to leave OpenAI. The company’s trajectory has been nothing short of miraculous, and I’m confident that OpenAI will build AGI that is both safe and beneficial.” 



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Sompo Sees Acquisition Opportunities in US, Europe

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Mikio Okumura, Group CEO at Sompo Holdings, discusses the insurer’s business strategy and sees potential acquisitions opportunities in the US, Canada, Europe. He speaks with Shery Ahn and Haidi Stroud-Watts on “Bloomberg: The Asia Trade”. (Source: Bloomberg)



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Trump Threatens 10% Tariff on BRICS-Aligned Nation

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President Trump has said he would put an additional 10% tariff on any country aligning themselves with “the Anti-American policies of BRICS.”
Speaking to Bloomberg’s Insight with Haslinda Amin, Indian School of Business Professor Nirmalya Kumar says countries should wait and watch to see if the President’s latest threat will actually materialize. (Source: Bloomberg)



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BNP Paribas AM: Positive on EM Local Currency Bonds

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Alaa Bushehri, head of Emerging Market Debt at BNP Paribas Asset Management, says she finds attractive valuations in local currency debt in India and Indonesia. She also sees similar opportunities in a number of Latin American, jurisdictions including Brazil and Mexico. She discusses the market outlook with David Ingles and Yvonne Man on “Bloomberg: The China Show.” (Source: Bloomberg)



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