OpenAI Tops $850 Billion Valuation

The Bloomberg Tech podcast opens with a market overview, noting tech stocks are up despite a recent downturn, fueled by optimism about the Middle East. The discussion shifts to Washington, covering President Trump's unprecedented Supreme Court appearance regarding birthright citizenship. Tensions in the Middle East are examined, with Trump's conditions for a ceasefire and Iran's defiant response impacting oil prices and tech stocks. The potential IPOs of OpenAI and Anthropic are analyzed, alongside Anthropic's accidental source code exposure. Later, the conversation turns to AI's role in cybersecurity, featuring Kevin Mandia, CEO of Armada, who warns of AI-driven cyberattacks. The episode concludes with reports on Intel's chip plant acquisition, concerns over AI-generated content for children, and the US's reliance on China for AI data center components.