Bloomberg Odd Lots hosts Joe Weisenthal and Tracy Alloway react to AI skepticism and recent warnings coming from people in the industry. The pair discuss what the hacking of Hugging Face might tell us about where AI is headed and what some of the biggest risks of these warnings could be, arguing "when everything is couched in these existential terms, you end up just getting a race right to who can develop first." (Source: Bloomberg)

US government agencies are tracking cyber threats against nearly 20 shipping vessels around the world, according to US officials familiar with the situation.

The Close brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are DoubleLine Capital Portfolio Manager Ken Shinoda, Brookings President Cecilia Rouse, Hoover Institution Senior Fellow Michael Spence, OMFIF Chief Economist, Vice Chair Mark Sobel, BlackRock Global Head of Retirement Solutions Nick Nefouse, & Brown Harris Stevens CEO Bess Freedman. (Source: Bloomberg)

Ken Shinoda of DoubleLine Capital said the Fed’s unanimous rate hike was largely in line with market expectations, noting that traders had already priced in a better-than-90% chance of a move. He pointed to the reaction in Treasuries as evidence that the market believes more tightening may still be needed, with the 10-year yield slightly higher on the day and the long bond giving back some of its initial rally. He speaks with Romaine Bostick on "The Close." (Source: Bloomberg)

According to OpenAI President Greg Brockman, it was no surprise to the company that some of its models were able to break free of the testing environment — but what's happened since has forced some rethinking. Brockman joins Joe Weisenthal and Tracy Alloway on the Odd Lots podcast to discuss what OpenAI has learned since the Hugging Face hacking incident and how worried we should be about the AI doomsday scenarios. (Source: Bloomberg)

Zipline is in talks to raise around $1 billion in a funding round that would value the drone delivery and logistics startup at roughly $20 billion, nearly tripling its previous valuation.

A group of 10 banks is providing a $22 billion chip loan to support Blackstone Inc. and Alphabet Inc.’s new cloud venture Crux AI, the latest mega-debt deal in the race to finance the expensive processors crucial to artificial intelligence.

Bloomberg's Anthony Hughes joins Scarlet Fu on "Bloomberg Deals." Anthropic is preparing for its IPO and has picked Nasdaq as its listing venue. The Claude chatbot maker is seeking to raise as much as or more than SpaceX in an IPO that could take place as soon as October, Bloomberg has reported. (Source: Bloomberg)