Bloomberg Technology
Lucid shares slide as EV maker hires restructuring adviser
Lucid Motors is working with restructuring advisers to turn around its struggling business, while dismissing rumors that it’s considering bankruptcy as “completely false.” Consultant AlixPartners has been engaged to examine all aspects of Lucid’s operations. The carmaker is aiming to optimize its business, cut costs and ensure that the rollout of a new mid-size vehicle…
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…
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…
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…
David Sacks: Anthropic, OpenAI Should Slow AI If Deemed Necessary
Cohere CEO Warns Against an AI Safety ‘Cartel’
AI’s Frontier Faces Calls for Safety Slowdown
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@jeremyowens4115
July 16, 2026 at 7:24 am
I’d love to see them succeed. Specifically because their styling is top notch. Annnnnnd also because I’m a shareholder 😂