US job growth last month topped all estimates, the unemployment rate unexpectedly declined and wage growth accelerated, reducing the odds the Federal Reserve will opt for another big interest-rate cut in November https://trib.al/C2AQZRA
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"I am not an AI denier or an AI pessimist." Massachusetts Institute of Technology professor of economics Daron Acemoglu says the future of AI is as a tool to boost productivity but he sees very few areas seeing "phenomenal improvements" at the moment https://trib.al/Ng5RNN4
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“I’m not an AI pessimist," says MIT Economist Daron Acemoglu as he wants to make it clear that he has nothing against artificial intelligence, he gets the potential, but as promising as AI may be, there’s little chance it will live up to that hype https://trib.al/ZIZdn29
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"It can can tell you when you're getting sick." ŌURA CEO Tom Hale discusses the company's latest Ring 4 health tracker as they face increased competition in the smart-ring sector https://trib.al/S5XjVRl
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Deena Shakir of Lux Capital says every company needs an answer to AI adoption, efficiency and application https://trib.al/Ng5RNN4
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Bloomberg Television reposted this
I've spent the past several weeks looking at how Sam Altman concentrated his power at OpenAI, particularly over the past year, as the company barreled toward its $157B valuation. It's been a long (and complicated and at times very rocky) road to get to this point, which makes it especially important to step back from the frenzy and see how we got here. Check out my piece; here's a gift link! (And huge thanks to my amazing editors, Seth Fiegerman and Jillian Ward, as well as our wonderful graphics and photos teams at Bloomberg News!)
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Oil surged with the market bracing for the possibility that Israel will include strikes on Iran’s oil industry in response to its recent missile barrage. Bobby Ghosh reports https://trib.al/eEz52pb
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Levi Strauss & Co. has teamed up with Beyoncé in a series of ads capitalizing on the buzz generated after the global pop icon released a song on the hit album “Cowboy Carter” with the denim-maker’s name. CEO Michelle Gass discusses the partnership https://trib.al/h1XBbki
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-Potential next steps from Israel -Friday's jobs report -Nvidia is on fire Manus Cranny reports. Tune into "Bloomberg Brief" at 5am ET https://trib.al/65wT68d
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How do data centers make money? KKR Global Head of Digital Infrastructure Waldemar Szlezak tells David Westin on Friday's "Wall Street Week." Tune in at 6pm ET trib.al/kT68rsC