META'S HOLOGRAPHIC AVATARS MARK MAJOR LEAP FORWARD

Morgan Stanley analyst Adam Jonas says the convergence of AI and robotics will transform the global economy through widespread deployment across transportation, manufacturing, and consumer sectors. The shift hinges on rebuilding US manufacturing capabilities against Chinese supply chain dominance.

Three major institutions outlined their strategies for funding AI infrastructure at Bloomberg Green New York 2026, addressing capital requirements and sustainability concerns in the sector.

Microsoft President Brad Smith told Bloomberg that AI safety cannot advance if the industry relies on just two companies. Smith emphasized the need for independent evaluators as Microsoft commits $10 billion through 2030 to infrastructure projects in the Persian Gulf.

Anthropic has released Claude Opus 5.5, a faster and more cost-effective AI model comparable to competitors' offerings. The move comes ahead of the company's anticipated initial public offering expected this fall.