Bridgewater Bancshares ($BWB) podcast mentions
AI leaders are looking for the brake pedal. Motley Fool Hidden Gems Investing starts now. Welcome to Motley Fool Hidden Gems Investing. I'm your host Tyler Crowe, and today I'm joined by longtime Fool contributors Rachel Warren and Travis Hoeyem, doing a little bit of a mix-up. There has been a fair share of "we need to slow AI development" chatter out there, but this past weekend that conversation appeared to have hit a few Bieber pitch. We had several employees leaving Anthropic and OpenAI over safety concerns, and now both Sam Altman and Dario Amodei are calling for the slowing down of development of frontier models lest they go out of control, I think was the words that, you know, Sam Altman used. Even the CIO of the hedge fund Bridgewater Associates was on podcasts over the past week, like, talking about human extinction, and the probability was higher than 10%, which is, you know, kind of silly if you think about it, or startling depending on how you want to look at it. This isn't anything new, but it does appear to come at a very specific time where both OpenAI and Anthropic are on the precipice of IPOs, and spending on these businesses is getting tougher to swallow, especially at the frontier level where the bulk of their spending is going. The cynical view, at least to me, is that all of this slowdown chatter comes at a time when they want to slow down spending more than anything else without disrupting business growth. So I want to pose the question to both of you. On a scale of AI will be the death of us, we need to slow down, and we're trying to middle this spending versus growth challenges of business, where do you land on the spectrum here?
Tyler Crowe · Motley Fool Hidden Gems Investing · AI Leaders Want to Slow Down Development For… · 2026-09-14Honestly, I think the truth is probably somewhere in the middle, but I do tend to take a bit of a more cynical view to what we've been hearing, and I, I want to talk about why. I think there's a lot of calculation negotiations going on behind the scenes. And I don't think that means that there aren't real justifiable concerns about AI safety and the constraints or lack thereof of some of these frontier labs. But I also think you have to look at the math behind all of this. I mean, we're— you talk about OpenAI and Anthropic, right? You're kind of moving out of the easy money venture phase. These are companies that are anticipating to have huge entrances into the public markets where they're going to face a very different level of scrutiny than they have in the private space. And infrastructure spending has become a real black hole. I mean, you look at OpenAI's internal projections, which were reported not that long ago by The Information. They're expecting a $14 billion loss in 2026. They could have cumulative losses of about $44 billion by 2028. You know, think about how a single next-gen data center runs about $35 billion on its own. This is not something that Wall Street is necessarily going to be forgiving on. Talking about Anthropic for a moment, I mean, we have heard for a while now from Dario Modit. He's been spending almost the last year warning the industry to slow down. Meanwhile, we also saw a report from The Information that Anthropic has locked in $517 billion in compute commitments. That's 14.8 gigawatts of capacity. It's enough to rival, just for scale, a dozen nuclear reactors. You know, they're funding that obviously with revenue. They have their confidential IPO pipeline. A lot of that is going to, you know, Alphabet, Amazon, Microsoft, SpaceX, the outside voices that are making this case as well have a lot of skin in the game. And we, we had an interview, uh, with Greg Jensen that we saw from Bridgewater in recent days. He's not a neutral bystander. He was one of the earlier investors in both OpenAI and Anthropic. He's the one that was telling Bloomberg on a recent podcast, there's a 30 to 60% chance of a catastrophic AI disaster in the next few years.
Rachel Warren · Motley Fool Hidden Gems Investing · AI Leaders Want to Slow Down Development For… · 2026-09-14You know, Bridgewater's own SEC filings show that it's been building up positions in, you know, NVIDIA, Broadcom, Amazon. So we're seeing this push for regulation. In compliance costs, but it, it's more likely to just price out the open source community and the small players who can't afford the legal overhead. The biggest labs can absorb it. So I think the risks are very likely real. I'm more inclined to believe that there are justifiable concerns there, but I also think when the loudest voices calling for caution are the same people holding the largest stakes, you have to question what the motivation is.
Rachel Warren · Motley Fool Hidden Gems Investing · AI Leaders Want to Slow Down Development For… · 2026-09-14Cantor Fitzgerald Executive Vice Chairman Kyle Lutnick. Bridgewater Associates Co-Chief Investment Officer Greg Jensen issued a dire warning about the risks and consequences of the artificial intelligence boom on Bloomberg's Odd Lots podcast.
Ed Kalegi · Bloomberg News Now · Warsh Faces Pressure to Raise Rates, Saudi Pipeline Shut, More · 2026-09-12Bridgewater Associates co-chief investment officer Greg Jensen on Bloomberg's Odd Lots podcast. Listen to the full conversation wherever you get your podcasts. The Financial Times reports that JPMorgan JPMorgan Chase cut off its lending activity for Leopold Aschenbrenner's hedge fund Situational Awareness after the wunderkind investor suffered the largest loss in the history of the hedge fund industry. Aschenbrenner, who is in his mid-20s, was the star investor of the AI boom before tens of billions of dollars in losses forced him to sell a large chunk of his portfolio and cut back on leverage. That record-setting cyclospora outbreak? Well, it's over and done with—that word from federal officials, though some big questions do remain. More on this from Bloomberg's Matt Piper. U.S.
Ed Kalegi · Bloomberg News Now · Warsh Faces Pressure to Raise Rates, Saudi Pipeline Shut, More · 2026-09-12Cantor Fitzgerald Executive Vice Chairman Kyle Lutnick. Bridgewater Associates Co-Chief Investment Officer Greg Jensen issued a dire warning about the risks and consequences of the artificial intelligence boom on Bloomberg's Odd Lots podcast.
Ed Kalegi · Bloomberg News Now · Saudi Pipeline Shut, Pressure on Fed Chair Warsh to Raise Rates, More · 2026-09-12Bridgewater Associates co-chief investment officer Greg Jensen on Bloomberg's Odd Lot podcast. Listen to the full conversation wherever you get your podcasts. The Financial Times reports that JPMorgan Chase cut off its lending activity for Leopold Aschenbrenner's hedge fund Situational Awareness. After the wunderkind investor suffered the largest loss in the history of the hedge fund industry. Ashenburner, who is in his mid-20s, was the star investor of the AI boom before tens of billions of dollars in losses forced him to sell a large chunk of his portfolio and cut back on leverage. Tarek Mansour, the co-founder and CEO of Kalshi, says the company is filing for regulatory approval to offer the first single-stock perpetual futures in the U.S. and is looking to expand the contracts and commodities to include agriculture. The move represents one of the most ambitious attempts by a new breed of trading platforms to challenge the established infrastructure of traditional financial markets. The New York-based company will file as soon as next week for regulatory approval to list contracts linked to some of the biggest US stocks, including Tesla, Apple, and Nvidia. The company will ask the Commodity Futures Trading Commission and Securities and Exchange Commission to jointly regulate the never-expiring futures as a security futures product. The Friday numbers on Wall Street: the Dow added 509, Nasdaq gained 251, the S&P 500 up 65. The 10-year Treasury yield 4.97%, the 2-year 4.62%. Oil, West Texas Intermediate at $100.25, Brent crude $104.78. That's news when you want it with Bloomberg News Now. I'm Ed Kalegi. This is Bloomberg.
Ed Kalegi · Bloomberg News Now · Saudi Pipeline Shut, Pressure on Fed Chair Warsh to Raise Rates, More · 2026-09-12Cantor Fitzgerald Executive Vice Chairman Kyle Lutnick. Bridgewater Associates co-chief investment officer Greg Jensen issued a dire warning about the risks and consequences of the artificial intelligence boom on Bloomberg's Odd Lots podcast.
Ed Kalegi · Bloomberg News Now · Saudi East-West Pipeline Shut, Warsh Facing Intense Pressure, More · 2026-09-12Bridgewater Associates co-chief investment officer Greg Jensen on Bloomberg's Odd Lot podcast. Listen to the full conversation wherever you get your podcasts. The Financial Times reports that JPMorgan Chase cut off its lending activity for Leopold Aschenbrenner's hedge fund Situational Awareness after the wunderkind investor suffered the largest loss in the history of the hedge fund industry. Ashenburner, who is in his mid-20s, was the star investor of the AI boom before tens of billions of dollars in losses forced him to sell a large chunk of his portfolio and cut back on leverage. Tarek Mansour, the co-founder and CEO of Kalshi, says the company is filing for regulatory approval to offer the first single-stock perpetual futures in the U.S. and is looking to expand the contracts and commodities to include agriculture. The move represents one of the most ambitious attempts by a new breed of trading platforms to challenge the established infrastructure structure of traditional financial markets. The New York-based company will file as soon as next week for regulatory approval to list contracts linked to some of the biggest U.S. stocks, including Tesla, Apple, and Nvidia. The company will ask the Commodity Futures Trading Commission and Securities and Exchange Commission to jointly regulate the never-expiring futures as a security futures product. That record-setting cyclospora outbreak is over and done with— that word from federal officials, though some big questions remain. We get more from Bloomberg's Matt Piper.
Ed Kalegi · Bloomberg News Now · Saudi East-West Pipeline Shut, Warsh Facing Intense Pressure, More · 2026-09-12Cantor Fitzgerald Executive Vice Chairman Kyle Lutnick. Bridgewater Associates Co-Chief Investment Officer Greg Jensen issued a dire warning about the risks and consequences of the artificial intelligence boom on Bloomberg's Odd Lots podcast.
Ed Kalegi · Bloomberg News Now · Saudi Pipeline Shut, Pressure on Warsh to Raise Rates, More · 2026-09-12Bridgewater Associates co-chief investment officer Greg Jensen on Bloomberg's Odd Lot podcast. Listen to the full conversation wherever you get your podcasts. The Financial Times reports that JPMorgan Chase cut off its lending activity for Leopold Aschenbrenner's hedge fund Situational Awareness. After the wunderkind investor suffered the largest loss in the history of the hedge fund industry. Ashenburner, who is in his mid-20s, was the star investor of the AI boom before tens of billions of dollars in losses forced him to sell a large chunk of his portfolio and cut back on leverage. Tarek Mansour, the co-founder and CEO of Kalshi, says the company is filing for regulatory approval to offer the first single-stock perpetual futures in the U.S. and is looking to expand the contracts and commodities to include agriculture, The move represents one of the most ambitious attempts by a new breed of trading platforms to challenge the established infrastructure of traditional financial markets. The New York-based company will file as soon as next week for regulatory approval to list contracts linked to some of the biggest US stocks, including Tesla, Apple, and Nvidia. The company will ask the Commodity Futures Trading Commission and Securities and Exchange Commission to jointly regulate the never-expiring futures as a security futures product. The Friday numbers on Wall Street: the Dow added 509, Nasdaq gained 251, the S&P 500 up 65. The 10-year Treasury yield 4.97%, the 2-year 4.62%. Oil, West Texas Intermediate at $100.25, Brent crude $104.78. That's news when you want it with Bloomberg News Now. I'm Ed Kalegi. This is Bloomberg.
Ed Kalegi · Bloomberg News Now · Saudi Pipeline Shut, Pressure on Warsh to Raise Rates, More · 2026-09-12Cantor Fitzgerald Executive Vice Chairman Kyle Lutnick. Bridgewater Associates co-chief investment officer Greg Jensen issued a dire warning about the risks and consequences of the artificial intelligence boom on Bloomberg's Odd Lots podcast.
Ed Kalegi · Bloomberg News Now · Saudi East-West Pipeline Shut, Warsh Facing Intense Pressure, More · 2026-09-12Bridgewater Associates co-chief investment officer Greg Jensen on Bloomberg's Odd Lot podcast. Listen to the full conversation wherever you get your podcasts. Tariq Mansoor, the co-founder and CEO of Kalshi, says the company is filing for regulatory approval to offer the first single stock perpetual futures in the U.S. and is looking to expand the contracts and commodities to include agriculture. The move represents one of the most ambitious attempts by a new breed of trading platforms to challenge the established infrastructure of traditional financial markets. The New York-based company will file as soon as next week for regulatory approval to list contracts linked to some of the biggest US stocks, including Tesla, Apple, and Nvidia. The company will ask the Commodity Futures Trading Commission and Securities and Exchange Commission to jointly regulate the never-expiring futures as a security futures product. That record-setting cyclospora outbreak is over and done with. That word from federal officials, though some big questions remain. We get more from Bloomberg's Matt Piper.
Ed Kalegi · Bloomberg News Now · Saudi East-West Pipeline Shut, Warsh Facing Intense Pressure, More · 2026-09-12Cantor Fitzgerald Executive Vice Chairman Kyle Lutnick. Bridgewater Associates Co-Chief Investment Officer Greg Jensen issued a dire warning about the risks and consequences of the artificial intelligence boom on Bloomberg's Odd Lots podcast.
Ed Kalegi · Bloomberg News Now · Saudi Pipeline Shut, Pressure on Warsh to Raise Rates, More · 2026-09-11Bridgewater Associates co-chief investment officer Greg Jensen on Bloomberg's Odd Lot podcast. Listen to the full conversation wherever you get your podcasts. The Financial Times reports that JPMorgan Chase cut off its lending activity for Leopold Aschenbrenner's hedge fund Situational Awareness after the wunderkind investor suffered the largest loss in the history of the hedge fund industry. Ashenburner, who is in his mid-20s, was the star investor of the AI boom before tens of billions of dollars in losses forced him to sell a large chunk of his portfolio and cut back on leverage. Tarek Mansour, the co-founder and CEO of Kalshi, says the company is filing for regulatory approval to offer the first single-stock perpetual futures in the U.S. and is looking to expand the contracts and commodities to include agriculture. The move represents one of the most ambitious attempts by a new breed of trading platforms to challenge the established infrastructure structure of traditional financial markets. The New York-based company will file as soon as next week for regulatory approval to list contracts linked to some of the biggest U.S. stocks, including Tesla, Apple, and Nvidia. The company will ask the Commodity Futures Trading Commission and Securities and Exchange Commission to jointly regulate the never-expiring futures as a security futures product. That record-setting cyclospora outbreak is over and done with—that word from federal officials, though some big questions remain. We get more from Bloomberg's Matt Piper. U.S.
Ed Kalegi · Bloomberg News Now · Saudi Pipeline Shut, Pressure on Warsh to Raise Rates, More · 2026-09-11