Bloomberg has learned OpenAI aims to raise at least $30 billion from investors in a new round of funding, after the artificial intelligence startup pushed back its plans for an initial public offering. Sources say the company is seeking a valuation of around $1.4 trillion, not including the money raised.
President Donald Trump endorsed using outside auditors to assess the safety of artificial intelligence systems through an accord with Silicon Valley leaders that seeks to sidestep new government rules in addressing a groundswell of concern over AI risks.
UK Prime Minister Andy Burnham said he could campaign to take Britain back into the European Union at the next general election, reopening the country’s debate on its relationship with the continent a decade on from the Brexit vote.
Today’s guests: Wei Li, BlackRock Global Chief Investment Strategist; Vincent Policard, KKR Co-Head of European Infrastructure; Luigi Lovaglio, Banca Monte dei Paschi di Siena CEO
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“The Pulse With Francine Lacqua” is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
Chapters:
00:00:00 – The Pulse with Francine Lacqua
00:00:42 – OpenAI targets $30 billion funding at $1.4 trillion value
00:02:09 – Trump rejects need for new AI safety laws
00:02:49 – Trump hits trail to persuade anxious voters
00:06:00 – Wei Li, BlackRock Global Chief Investment Strategist
00:15:39 – Vincent Policard, KKR Co-Head of European Infrastructure
00:23:18 – Wednesday headlines
00:24:10 – Luigi Lovaglio, Banca Monte dei Paschi di Siena CEO
00:36:04 – French inflation quickens to highest in more than two years
00:39:20 – Lithuania PM: Ready to pay for US troops presence
00:39:58 – Burnham raises prospects of UK rejoining the EU
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