Trump to Consider Government Stakes in AI Companies; Knicks Win

Trump to Consider Government Stakes in AI Companies; Knicks Win

President Donald Trump expressed interest in the US government holding equity stakes in leading artificial intelligence developers, saying that he planned to discuss the idea of a partnership with AI companies’ executives as soon as next week. Trump said he had already spoken to the companies about the idea, though he offered no specifics on those conversations. In his remarks, he addressed news reports that the administration would put the stock into a government-run wealth fund that would redistribute some of the financial windfall to the public and signaled his openness to that idea. President Trump also said he will attend the NBA finals at Madison Square Garden on Monday. The Knicks have won both games of the NBA Finals so far against the San Antonio Spurs. Resale tickets for the game are being sold for thousands of dollars. On today’s show, Bloomberg This Weekend hosts David Gura, Christina Ruffini, and Lisa Mateo speak with: - Annmarie Hordern, Co-Host of Bloomberg Surveillance and Bloomberg Television Chief Political Correspondent, on President Trump's comments to reporters on Air Force One regarding a meeting next week with "all of the big" AI companies. - Grindr CEO George Arison, who says that companies concerned about AI spending are "not well-managed," and speaks about the app looking to expand its offerings into live events.  - Danielle Muoio Dunn, State Tax Policy Journalist at Bloomberg Tax, on New York offering a tax credit to keep Broadway shows from opening in other cities. Plus, David, Christina, and Lisa play Pointed: The News Quiz for Risk Takers. For more conversations like this, watch and listen to Bloomberg This Weekend live on Saturdays and Sundays from 7AM-10AM ET. Watch on Bloomberg Television, listen on Bloomberg Radio and stream the show live on the Bloomberg Business app and Bloomberg.com/video.  See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Trump Sends Mixed Signals on Iran War

New details emerged this morning about President Trump's meeting in the situation room last Friday. According to Axios, President Trump is asking for several amendments to a deal negotiated between his envoys and the Iranians. In particular, President Trump wants to strengthen the sections around Iran's nuclear material, including details on how the US gets that material, and when. All this is happening while several Americans were hurt in a missile attack on a Kuwaiti air base as negotiations to extend the ceasefire with Iran dragged on without conclusion. On today’s show, Bloomberg This Weekend hosts David Gura, Christina Ruffini, and Lisa Mateo speak with: * Former National Security Advisor & Former US Ambassador to the UN, John Bolton, on President Trump wanting to amend the peace deal with Iran. * New York Times Chief Africa Correspondent Declan Walsh on his on-site research at the Ebola epicenter in the Democratic Republic of Congo. * Bloomberg Opinion Columnist and Research Fellow at the Harvard Kennedy School’s Center for Public Leadership, Gautam Mukunda, to discuss the rising cost of implementing AI into a company. * Bloomberg Pursuits Journalist Sarah Rappaport on how Gen Zers and millennials are ditching bars for barbells. For more conversations like this, watch and listen to Bloomberg This Weekend live on Saturdays and Sundays from 7AM-10AM ET. Watch on Bloomberg Television, listen on Bloomberg Radio and stream the show live on the Bloomberg Business app and Bloomberg.com/video. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Hegseth: Ready to Restart Iran Strikes if No Deal Reached

US Defense Secretary Pete Hegseth praised defense allies in Asia and hailed newly stable ties with China, while taking swipes at longstanding security partners in Europe. The comments, made Saturday at an Asia security forum in Singapore, are the latest sign of the Trump administration shifting attention toward the Indo-Pacific while expressing antagonism toward Europe and the NATO alliance.  Hegseth singled out allies such as South Korea, Japan and the Philippines for “stepping up” on defense while lambasting European nations that “threw open their borders and hollowed out their militaries.” His comments and omission of Taiwan in his address marked a shift in tone, with some interpreting it as a sign of a softer stance on China and a focus on "constructive strategic stability" in the US-China relationship. On today’s show, Bloomberg This Weekend hosts David Gura, Christina Ruffini, and Lisa Mateo speak with: - Haslinda Amin, Bloomberg News Editor-at-Large at the Shangri-La Dialogue in Singapore, and Bloomberg's Washington Deputy Bureau Chief Laura Davison, on the wait for a deal in Iran. - Dr. Tom Frieden, Former CDC Director, on the push to contain the fast-moving Ebola outbreak in the Democratic Republic of Congo, and questions surrounding global preparedness for another pandemic. - Bloomberg News Texas Bureau Chief Julie Fine, and The New York Times Texas Bureau Chief David Goodman, on Texas Attorney General Ken Paxton defeating Senator John Cornyn in a GOP primary, and what to expect from the general election against Democrat James Talerico. Plus, David, Christina, and Lisa play Pointed: The News Quiz for Risk Takers For more conversations like this, watch and listen to Bloomberg This Weekend live on Saturdays and Sundays from 7AM-10AM ET. Watch on Bloomberg Television, listen on Bloomberg Radio and stream the show live on the Bloomberg Business app and Bloomberg.com/video.  See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Trump: Won't Rush into a Deal with Iran; Gunman Near White House

President Donald Trump said the US won’t “rush” into a deal with Iran, saying both sides must take their time to “get it right.” This comes after an earlier White House announcement that a deal with Iran to end the war and reopen the Strait of Hormuz is forthcoming. A man was shot by US Secret Service agents near the White House on Saturday after he opened fire with a handgun, according to a statement from the agency. The man had been pacing along the street for some time before he approached a police checkpoint, pulled a pistol from his bag and began firing indiscriminately, said a person familiar with the matter who was granted anonymity to describe a sensitive investigation. Officers returned fire, striking the suspect, who was transported to an area hospital, where he later died, the Secret Service said in the statement. On today’s show, Bloomberg This Weekend hosts David Gura, Christina Ruffini, and Lisa Mateo speak with: - Kevin Whitelaw, Bloomberg News America Weekends Managing Editor, Joumanna Bercetche, Host of Bloomberg's Horizons Middle East & Africa, and Sophia Cai, White House Reporter at Politico, on when a deal may be signed that could reopen the Strait of Hormuz. - Democratic Representative Glenn Ivey of Maryland, on the gunman near the White House and the widening cost of the Iran War. - Janice Kew, Bloomberg News Health & Consumer Reporter in Johannesburg, on medical facilities in the Democratic Republic of the Congo fighting an Ebola outbreak. - Simon Rogers, Author of What We Ask Google, on what we can learn about each other from our searches. For more conversations like this, watch and listen to Bloomberg This Weekend live on Saturdays and Sundays from 7AM-10AM ET. Watch on Bloomberg Television, listen on Bloomberg Radio and stream the show live on the Bloomberg Business app and Bloomberg.com/video.  See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Iran Peace Deal Push Intensifies; Ebola Outpaces Control in Congo

Persian Gulf nations and Pakistan stepped up efforts to transform a fragile truce in the Iran war into a permanent peace deal, with US President Donald Trump again signaling that the conflict may end soon.   Field Marshal Asim Munir, Pakistan’s army chief and the favored interlocutor between the US and Iran, visited Tehran Friday for discussions on an accord with Iranian Foreign Minister Abbas Araghchi that lasted late into the night. Araghchi held separate talks with his counterparts in Oman, Turkey, Qatar and Iraq, and United Nations Secretary General António Guterres, the Iranian Foreign Ministry said.  The US and Iran have major disagreements on issues such as Iran's nuclear program and the rights to control traffic through the Strait of Hormuz, a crucial passageway for global energy supplies. On today’s show, Bloomberg This Weekend hosts David Gura, Christina Ruffini, and Lisa Mateo speak with: - Bloomberg News White House Correspondent Kate Sullivan on President Trump’s next steps in Iran after the President canceled plans to attend his son’s wedding.  - Retired US Army General & Former CIA Director, David Petraeus, gives his opinion on how the United States are handling the conflict in Iran, as well has what to expect from his meetings with world leaders to discuss all of the global conflicts around the world. - Jeremy Konyndyk, Refugees International President & Former Executive Director of the USAID COVID-19 Task Force, on the World Health Organization upgrading the Ebola outbreak risk assessment to “very high” in the Democratic Republic of Congo. - Wayback Burgers CEO Patrick Conlin on how rising food costs are affecting the “fast casual” industry ahead of Memorial Day. Plus, David, Christina, and Lisa Mateo play Pointed: The News Quiz for Risk Takers For more conversations like this, watch and listen to Bloomberg This Weekend live on Saturdays and Sundays from 7AM-10AM ET. Watch on Bloomberg Television, listen on Bloomberg Radio and stream the show live on the Bloomberg Business app and Bloomberg.com/video.  See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.