OpenAI Targets $30 Billion in New Funding

Bloomberg Television2 hours ago48:55

OpenAI aims to raise at least $30 billion from investors in a new round of funding, according to people familiar with the matter, after the artificial intelligence startup pushed back its plans for an initial public offering. Bloomberg Tech host Ed Ludlow joins for more. US consumer confidence fell in September to the lowest level since 2014 as views about the economy and the labor market deteriorated. The Conference Board's Erin McLaughlin joins to discuss. Nielsen CFO Jessica Holscott joins Bloomberg's Nina Trentmann for our CFO Briefing. Plus - JPMorgan Chase & Co. earmarked $1 billion of debt capital to funnel into manufacturing in Michigan over the next decade as part of a new initiative aimed at bolstering production in the state. Sri Natarajan, Bloomberg News Chief Wall Street Correspondent, takes a closer look. All on the latest episode of "Bloomberg Businessweek Daily." Chapters 00:00:00 Bloomberg Businessweek Daily 00:03:00 Markets: Fed, Treasury Yields & Oil 00:06:04 OpenAI Dev Day & $1.4 Trillion Valuation 00:08:15 OpenAI Unveils Its Always-On AI Agent 00:11:05 Anthropic Warns of AI's Existential Risks 00:13:09 Consumer Confidence, Jobs & AI Productivity 00:15:40 Fed Rate Hikes, Inflation & Affordability 00:18:02 Housing & Higher Rates as the New Normal 00:21:00 Nielsen CFO on Going From Public to Private 00:24:33 Private Equity, Cash Flow & Financial Discipline 00:25:56 Nielsen's DoubleVerify Acquisition 00:27:12 Measuring the Creator Economy 00:32:32 Markets: Treasury Yields & Oil 00:35:08 Jamie Dimon on Revitalizing American Manufacturing 00:40:49 Goldman Sachs Succession Planning 00:42:44 Markets: Stocks, Bonds & Oil 00:44:24 Stock Movers: Carnival & Cruise Demand 00:46:14 CarMax, Used Cars & Consumer Affordability 00:47:24 FICO Falls on New Competition -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

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