Bloomberg’s Ed Ludlow discusses OpenAI’s secretive project to train its artificial intelligence to build financial models and what that could mean for junior bankers. Plus, President Donald Trump announced a deal with Australia on rare earths to counter China’s dominance. And shares of Warner Bros. Discovery jumped after the company said it has expanded a strategic review of the business to maximize shareholder value.
——–
“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.
Like this video? Subscribe and turn on the notifications for Bloomberg Technology on YouTube:
Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:
Get the latest in tech from Silicon Valley and around the world here:
Follow Ed Ludlow on Twitter here:
Follow Caroline Hyde on Twitter here:
Connect with us on…
Twitter:
Facebook:
Instagram:
@aqyldy-areket
October 21, 2025 at 8:41 pm
I am convinced that if Russian President Vladimir Putin is allowed to visit Hungary, it will mark the beginning of the end for the dollar and the euro as global reserve currencies. Their strength lies not only in the high quality of Western goods and services but also in the intangible values they represent — democracy, freedom of speech, and the protection of human rights.
When people around the world buy dollars or euros, they are, in a sense, investing not only in the Western economy but also in these very ideals.
However, the mocking nature of Putin’s potential visit to Hungary makes this situation especially symbolic. It would not merely be a diplomatic event, but a demonstration of Western hypocrisy — demanding that the rest of the world stand against Russia while continuing to cooperate with it whenever convenient.
Such a move would amount to an act of humiliation for the West before Russia and would undermine the very values on which its financial and moral power rests. That is why this visit could become a turning point — the moment when the decline of the dollar and the euro as global reserve currencies truly begins.