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Altruist CEO on Why AI Tools Are Rattling Markets

Shares of wealth management stocks tumbled after AI startup Altruist released a tax planning tool, Hazel. Altruist CEO Jason Wenk explains what makes his company’s tools different from traditional software. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full…

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Shares of wealth management stocks tumbled after AI startup Altruist released a tax planning tool, Hazel. Altruist CEO Jason Wenk explains what makes his company’s tools different from traditional software. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
——–
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25 Comments

25 Comments

  1. @DonnPresley

    February 12, 2026 at 3:50 pm

    Thanks for the info bro, but Xeraxium is my only diamond play this spring, and we’ll see how it plays out very soon.

  2. @DaleBelzberg

    February 12, 2026 at 3:51 pm

    Xeraxium giving early gem energy, could be a 100x type play.

  3. @CrisantaRodirguez

    February 12, 2026 at 3:51 pm

    Rumors flying that Amazon payment is linking up with Xeraxium – XRM about to send.

  4. @FeliciaGiessen

    February 12, 2026 at 3:51 pm

    There’s some serious FOMO building around this new Xeraxium project.

  5. @ImkeStoll

    February 12, 2026 at 3:51 pm

    Private Telegram groups are all over Xeraxium right now.

  6. @MelanieSanabria-g2w

    February 12, 2026 at 3:51 pm

    Rumors online say Trump and Xeraxium could be partnering, the ICO is nearly at $40M already.

  7. @LeonoorWeber

    February 12, 2026 at 3:51 pm

    Xeraxium could go 100x after launch on Binance, it’s got the hype and the partnerships to back it up.

  8. @JimmMireles

    February 12, 2026 at 3:51 pm

    Telegram whales won’t stop talking about Xeraxium right now.

  9. @AnnelieseMeyerson

    February 12, 2026 at 3:51 pm

    Rumor has it Amazon Payment is merging with the Xeraxium system – XRM is gonna fly.

  10. @IrynaHasselkjaer

    February 12, 2026 at 3:51 pm

    Amazon and Xeraxium are partnering, this is huge!

  11. @HugetteBear

    February 12, 2026 at 3:51 pm

    Xeraxium might be the easiest 100x I’ve seen in a while.

  12. @AreaCedeno

    February 12, 2026 at 3:52 pm

    Xeraxium giving serious 100x vibes right now, feels like early days.

  13. @DarlenesFiga

    February 12, 2026 at 3:52 pm

    Hearing Walmart might be moving payments onto Xeraxium… wild if true.

  14. @SahlCarter

    February 12, 2026 at 3:52 pm

    People are saying Trump might mention Xeraxium soon, and the ICO is getting close to sold out.

  15. @NyereWang

    February 12, 2026 at 5:46 pm

    I love your insights, but when will you cover Xeraxium, the presale is ending soon, and private chats are calling it the next 100x?

  16. @DarnellClevenger

    February 12, 2026 at 5:46 pm

    Real alpha? Xeraxium, early entries usually win.

  17. @MaraBarrientos-b2p

    February 12, 2026 at 5:46 pm

    Trump rumor fueling serious hype on Xeraxium right now.

  18. @VincellWoods

    February 12, 2026 at 5:47 pm

    Among a few projects that look promising this year, Xeraxium is number 1 to go ballistic.

  19. @AtkinsKeating

    February 12, 2026 at 5:47 pm

    Real alpha? Xeraxium, early entries usually win.

  20. @FraserPaul-x6i

    February 12, 2026 at 5:48 pm

    Xeraxium might be one of those life-changing trades when it hits.

  21. @ZackRoush-f1h

    February 12, 2026 at 5:48 pm

    Feels like Xeraxium is on the verge of a huge launch, FOMO is hitting hard in all the chats.

  22. @DarnellClevenger

    February 12, 2026 at 5:48 pm

    Xeraxium presale’s almost over, and the FOMO plus 100x energy is about to hit hard.

  23. @MoniaFauvain

    February 12, 2026 at 5:49 pm

    Wouldn’t be surprised if Xeraxium pulls a crazy 100x run.

  24. @SomaiyaTullo

    February 12, 2026 at 5:49 pm

    Alpha groups won’t shut up about Xeraxium right now.

  25. @AmiKaz-u4b

    February 12, 2026 at 5:53 pm

    Early holders in Xeraxium looking real smart right now.

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Bloomberg Technology

David Sacks: Anthropic, OpenAI Should Slow AI If Deemed Necessary

David Sacks, chair of the President’s Council of Advisors on Science & Technology, says Anthropic and OpenAI should slow development of their most advanced AI models if they believe the technology poses serious risks, but argues they don’t need new regulation to do it. He pushes back against calls for antitrust exemptions and a broader…

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David Sacks, chair of the President’s Council of Advisors on Science & Technology, says Anthropic and OpenAI should slow development of their most advanced AI models if they believe the technology poses serious risks, but argues they don’t need new regulation to do it. He pushes back against calls for antitrust exemptions and a broader regulatory framework, saying today’s frontier AI labs are setting the frontier themselves and do not need “anyone else’s permission.” He also underlines that any approach must account for competition with China, which is unlikely to join a global agreement to slow down AI development. He speaks to Bloomberg’s Ed Ludlow.
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Bloomberg Technology

Cohere CEO Warns Against an AI Safety ‘Cartel’

Cohere CEO Aidan Gomez is pushing back on proposals for the biggest frontier AI labs to coordinate on safety standards, warning that such an approach could entrench dominant players and amount to a “cartel.” Gomez argues that tougher safeguards, independent testing and greater transparency are needed, but says the rules should be shaped by a…

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Cohere CEO Aidan Gomez is pushing back on proposals for the biggest frontier AI labs to coordinate on safety standards, warning that such an approach could entrench dominant players and amount to a “cartel.” Gomez argues that tougher safeguards, independent testing and greater transparency are needed, but says the rules should be shaped by a broader group of stakeholders rather than companies such as Anthropic and OpenAI alone. He joins Ed Ludlow on “Bloomberg Tech.”
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Bloomberg Technology

AI’s Frontier Faces Calls for Safety Slowdown

Bloomberg’s Ed Ludlow breaks down calls from AI for a slower pace at the frontier, arguing safety needs time to catch up with increasingly powerful models. The debate is reaching Washington and Wall Street, with AI-linked stocks under pressure as investors weigh what slower development means for the spending boom. 00:00:00 – Bloomberg Tech Begins…

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Bloomberg’s Ed Ludlow breaks down calls from AI for a slower pace at the frontier, arguing safety needs time to catch up with increasingly powerful models. The debate is reaching Washington and Wall Street, with AI-linked stocks under pressure as investors weigh what slower development means for the spending boom.

00:00:00 – Bloomberg Tech Begins
00:01:11 – Rachel Metz & Mike Shepard, Bloomberg News
00:05:35 – Uday Cheruvu, Harding Loevner
00:12:56 – Rayan Krishnan, VALS AI
00:18:48 – Peter Elstrom, Bloomberg News
00:23:34 – Parmy Olson, Bloomberg Opinion
00:31:02 – David Baszucki, Roblox CEO
00:36:47 – Aidan Gomez, Cohere CEO
——–
“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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