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Why the US Is Getting Downgraded

Markets used to know what to do in a crisis: buy Treasuries, run to the dollar and assume America would be the anchor. It's called US exceptionalism. But almost four months into Donald Trump's second term, it's become clearer that the US is no longer a predictable, stabilizing force. Ratings firms like Moody's are downgrading its sovereign debt while at trading desks across the globe, models built on American's top-of-the-heap status are quietly being rewritten. If US exceptionalism is faltering, what will take its place? And how do you hedge when the hedge is uncertain?

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Bloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it.

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How Daily Habits Grow Your Brain


Inside OpenAI's Stargate Megafactory with Sam Altman | The Circuit

Emily Chang visits the Stargate site in Abilene, Texas for an exclusive first look at the historic $500 billion bet on the future of AI, announced by President Trump the day after his inauguration. She speaks with OpenAI CEO Sam Altman & Softbank CEO Masayoshi Son about why they have partnered, along with Oracle, to build one of the largest AI data centers in the world.

Watch more episodes of The Circuit with Emily Chang:
https://www.youtube.com/playlist?list=PLqq4LnWs3olV2nw7GgFjXHvxVc3T5hXXT

00:00 - Stargate intro
02:01 - Touring Stargate
04:03 - Big Tech AI race
05:09 - Sam Altman’s vision
06:22 - SoftBank’s Masayoshi Son
07:47 - Crusoe founding story
12:03 - Touring Data center
13:23 - OpenAI Studio Ghibli moment
16:14 - Energy challenges
20:35 - Bloomberg reporter reflection
24:19 - Risks
28:18 - Abilene local perspective
34:28 - AI and jobs
36:01 - Trump tariffs
40:00 - Booms and busts

Hosted by high-profile journalist Emily Chang, The Circuit is a fast-paced, dynamic series that lives at the intersection of culture, tech, entertainment, and business. Every week, Chang will go on location to meet the world’s most fascinating founders, influencers, and innovators, conducting intimate interviews and bringing audiences behind the scenes of the most impactful stories, launches, and trends.

#OpenAI #Stargate #Technology

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Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: https://www.bloomberg.com/subscriptions?in_source=YoutubeOriginals

Bloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it.

Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world.

Visit our partner channel Bloomberg News for global news and insight in an instant.


Control THIS, Control Your Feelings



Sam Altman Imagines a Future With Humanoid Robots

Humanoid robots are coming, OpenAI CEO Sam Altman says. And "It's going to feel very sci-fi."

Follow @emilychangtv as she gets an inside look at the $500 billion Stargate project aiming to power the future of AI. More on The Circuit.

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Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: https://www.bloomberg.com/subscriptions?in_source=YoutubeOriginals

Bloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it.

Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world.

Visit our partner channel Bloomberg News for global news and insight in an instant.


You’ll Never Feel Fulfilled Until You Understand This