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
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