October 6, 2025 • 5 mins
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Speaker 1 (00:01):
News when you wanted with Bloomberg News. Now I'm Doug Prisner,
and we begin with a government shutdown in the US.
This afternoon, President Trump seemed to open the door to
resolving the stalemate. Trump said he would negotiate with Democrats
over healthcare subsidies.
Speaker 2 (00:15):
And we're talking to him. I mean, I'm not saying
that's going to happen, because this has also been going on,
not for three thousand years, but it's been going on
for a long time. But yeah, we'll talk.
Speaker 3 (00:24):
You do the demopet to make a deal with them on.
Speaker 2 (00:27):
I'd like to see a deal made for great healthcare. Yes,
I want to see great health I'm a Republican, but
I want to see healthcare much more so than the Democrat.
Speaker 1 (00:34):
At the same time, though Trump said at some point
the shutdown will trigger layoffs of federal workers if it
continues much longer. Meantime, tonight, the US Senate for the
fifth time rejected a House passed stopgap bill to keep
the government open through November twenty First Advanced micro Devices
has sealed a blockbuster deal with open AI. AMD will
(00:56):
provide graphics processing units to open AI over more multiple years.
The processing power will equal six gigawatts. This deal also
sets the stage for open ai to acquire a large
stake in AMD. Here's a m D CEO, Lisa Sue.
Speaker 3 (01:13):
This is a huge milestone for AMD. You know, we
are so thrilled with the partnership with the open ai team.
And it's also you know, a huge moment for the
AI industry because you know, when you get to the
rite down to it, you need more AI compute. I mean,
that's where we are today. Compute is a foundation for
all of the intelligence we can get from AI. And
you know we are a compute provider. We have spent
(01:33):
years on our roadmap. We've spent years working with open Ai.
Speaker 1 (01:37):
Lisa Sue there, she is the CEO of Advanced micro Devices.
Speaking to Bloomberg. By the way, shares an amd rallied
nearly twenty four percent today. Separately, open ai announced that
chat GPT users can connect to third party apps with
the chatbot to carry out task. Here is Brad Lightcap,
the COO of open Ai.
Speaker 4 (01:58):
Well, we've always thought of chat is like a super assistant.
We never set out to build a chatbot. We always
wanted to build something that was really true to you
and what your preferences are, what your goals are, they
can actually help you achieve more. And so I think
part of that is CHATGBD having an appreciation and understanding
of the applications.
Speaker 1 (02:17):
In your life that are important. Brad Lightcap there, he
is the COO of Open AI. Speaking to Bloomberg, A
rally and chip makers sent much of the equity market
to all time highs. Today we have more from Bloomberg's
Charlie Pellett.
Speaker 5 (02:30):
It's an equity market being driven higher by enthusiasm about
artificial intelligence stocks, and that is causing concern for David Bonsen,
the chief investment officer at the Bonson Group.
Speaker 6 (02:42):
The doesn't repeat, but does rhyme cliche kind of make sense.
I don't think you're going to see anything play out
identically to pass moments of toppiness and frothiness. But that
is different than saying that this isn't toppiness and frothiness,
because it most certainly is.
Speaker 5 (02:56):
The S and P five hundred index climb for a
seventh straight s session, the longest advanced since May in
New York, Charlie Bloomberg Radio.
Speaker 1 (03:05):
A federal judge has declined to block the deployment of
National Guard troops to Illinois. Now, this ruling comes after
Illinois and the City of Chicago sued the Trump administration
over this deployment. The judge said she needed time to
review the case, and a hearing is set for Thursday. Meantime,
ILLINOI Governor JB. Pritzker accused the Trump administration of inciting
(03:27):
conflict and deploying violence against the public.
Speaker 7 (03:30):
Here is Pritzker, Donald Trump's deranged depiction of Chicago as
a hellhold, a war zone, and the worst and most
dangerous city in the world was just complete.
Speaker 1 (03:43):
Bs ILLINOI Governor JB. Pritzker speaking there separately, the Trump
administration asked an appeals court to allow it to send
troops to Portland, Oregon, from either California or Texas. Late Sunday,
a federal judge blocked deployments from any state to the
city of Portland. We go to France next, where Prime
Minister Sebastian Lecornu resigned Monday morning. His departure came just
(04:06):
a day after French President Emmanuel Macron named a new cabinet.
It was broadly criticized and there was immediate pressure from
opposition parties on the left and the far right for
Macron to call snap parliamentary elections or even resign himself.
Here is Bloomberg Stephen Carroll.
Speaker 8 (04:24):
Still the same kind of political stalemate. And actually the
latest development that Emmanuel Macro is giving the same man,
Sebastian mccarnou another forty eight hours to try and come
up with a sufficient coalition to be able to pass
a budget, because that's what this is all about. Tells
us that we're not at the end of this season
just yet. So essentially we're into another round of negotiations
(04:47):
led by the same man, speaking to the same people,
hoping for a different result.
Speaker 1 (04:52):
That is Bloomberg Stephen Carroll. In the States, the Securities
in Exchange Commission has been probing the data collection practices
of the mobile ad tech company app loven. We are
told the sec has looked into allegations that app Lovin
violated partners service agreements to push more targeted advertising to consumers.
And that is news when you want it with Bloomberg News. Now,
(05:15):
I'm Doug Prisoner, and this is Bloomberg
News when you wanted with Bloomberg News. Now I'm Doug Prisner,
and we begin with a government shutdown in the US.
This afternoon, President Trump seemed to open the door to
resolving the stalemate. Trump said he would negotiate with Democrats
over healthcare subsidies.
Speaker 2 (00:15):
And we're talking to him. I mean, I'm not saying
that's going to happen, because this has also been going on,
not for three thousand years, but it's been going on
for a long time. But yeah, we'll talk.
Speaker 3 (00:24):
You do the demopet to make a deal with them on.
Speaker 2 (00:27):
I'd like to see a deal made for great healthcare. Yes,
I want to see great health I'm a Republican, but
I want to see healthcare much more so than the Democrat.
Speaker 1 (00:34):
At the same time, though Trump said at some point
the shutdown will trigger layoffs of federal workers if it
continues much longer. Meantime, tonight, the US Senate for the
fifth time rejected a House passed stopgap bill to keep
the government open through November twenty First Advanced micro Devices
has sealed a blockbuster deal with open AI. AMD will
(00:56):
provide graphics processing units to open AI over more multiple years.
The processing power will equal six gigawatts. This deal also
sets the stage for open ai to acquire a large
stake in AMD. Here's a m D CEO, Lisa Sue.
Speaker 3 (01:13):
This is a huge milestone for AMD. You know, we
are so thrilled with the partnership with the open ai team.
And it's also you know, a huge moment for the
AI industry because you know, when you get to the
rite down to it, you need more AI compute. I mean,
that's where we are today. Compute is a foundation for
all of the intelligence we can get from AI. And
you know we are a compute provider. We have spent
(01:33):
years on our roadmap. We've spent years working with open Ai.
Speaker 1 (01:37):
Lisa Sue there, she is the CEO of Advanced micro Devices.
Speaking to Bloomberg. By the way, shares an amd rallied
nearly twenty four percent today. Separately, open ai announced that
chat GPT users can connect to third party apps with
the chatbot to carry out task. Here is Brad Lightcap,
the COO of open Ai.
Speaker 4 (01:58):
Well, we've always thought of chat is like a super assistant.
We never set out to build a chatbot. We always
wanted to build something that was really true to you
and what your preferences are, what your goals are, they
can actually help you achieve more. And so I think
part of that is CHATGBD having an appreciation and understanding
of the applications.
Speaker 1 (02:17):
In your life that are important. Brad Lightcap there, he
is the COO of Open AI. Speaking to Bloomberg, A
rally and chip makers sent much of the equity market
to all time highs. Today we have more from Bloomberg's
Charlie Pellett.
Speaker 5 (02:30):
It's an equity market being driven higher by enthusiasm about
artificial intelligence stocks, and that is causing concern for David Bonsen,
the chief investment officer at the Bonson Group.
Speaker 6 (02:42):
The doesn't repeat, but does rhyme cliche kind of make sense.
I don't think you're going to see anything play out
identically to pass moments of toppiness and frothiness. But that
is different than saying that this isn't toppiness and frothiness,
because it most certainly is.
Speaker 5 (02:56):
The S and P five hundred index climb for a
seventh straight s session, the longest advanced since May in
New York, Charlie Bloomberg Radio.
Speaker 1 (03:05):
A federal judge has declined to block the deployment of
National Guard troops to Illinois. Now, this ruling comes after
Illinois and the City of Chicago sued the Trump administration
over this deployment. The judge said she needed time to
review the case, and a hearing is set for Thursday. Meantime,
ILLINOI Governor JB. Pritzker accused the Trump administration of inciting
(03:27):
conflict and deploying violence against the public.
Speaker 7 (03:30):
Here is Pritzker, Donald Trump's deranged depiction of Chicago as
a hellhold, a war zone, and the worst and most
dangerous city in the world was just complete.
Speaker 1 (03:43):
Bs ILLINOI Governor JB. Pritzker speaking there separately, the Trump
administration asked an appeals court to allow it to send
troops to Portland, Oregon, from either California or Texas. Late Sunday,
a federal judge blocked deployments from any state to the
city of Portland. We go to France next, where Prime
Minister Sebastian Lecornu resigned Monday morning. His departure came just
(04:06):
a day after French President Emmanuel Macron named a new cabinet.
It was broadly criticized and there was immediate pressure from
opposition parties on the left and the far right for
Macron to call snap parliamentary elections or even resign himself.
Here is Bloomberg Stephen Carroll.
Speaker 8 (04:24):
Still the same kind of political stalemate. And actually the
latest development that Emmanuel Macro is giving the same man,
Sebastian mccarnou another forty eight hours to try and come
up with a sufficient coalition to be able to pass
a budget, because that's what this is all about. Tells
us that we're not at the end of this season
just yet. So essentially we're into another round of negotiations
(04:47):
led by the same man, speaking to the same people,
hoping for a different result.
Speaker 1 (04:52):
That is Bloomberg Stephen Carroll. In the States, the Securities
in Exchange Commission has been probing the data collection practices
of the mobile ad tech company app loven. We are
told the sec has looked into allegations that app Lovin
violated partners service agreements to push more targeted advertising to consumers.
And that is news when you want it with Bloomberg News. Now,
(05:15):
I'm Doug Prisoner, and this is Bloomberg
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