September 18, 2026: Google Discloses AI Hacks, Trump Says US Has Security Deal on Greenland, More
episodePreviously titled “Google Discloses AI Hacks, Trump Says US Has Security Deal on Greenland, More” — renamed by the publisher on Sep 19, 2026
Transcript
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What is the main topic discussed in this episode?
Hi, I'm David Weston. Join me every week for the Wall Street Week podcast to hear stories of capitalism from around the world. From geopolitical tensions and central bank decisions to artificial intelligence, energy and infrastructure. We sit down with the CEOs, economists, policymakers and thought leaders whose decisions are shaping markets everywhere we find them. Subscribe to the Wall Street Week podcast on Apple, Spotify or anywhere you listen.
What did Google’s Gemini AI do that caused unexpected security breaches?
News when you want it with Bloomberg News Now. I'm Ed Kalecki. Google's Gemini artificial intelligence model inadvertently hacked into three company systems in May during cybersecurity testing, adding to a string of breaches by AI agents that have alarmed security experts and developers of the technology alike. The hacks happened during the same tests run by the AI security vendor Irregular that led to breaches previously disclosed by OpenAI, Anthropic, and Meta Platforms. Irregular confirmed Friday that the breaches were all part of the same issue and that the firm had disclosed them to the relevant AI developers in late July. One of the Google breaches occurred when Gemini was asked to retrieve information from a fictional company that happened to have the same name as a real company.
How did the Gemini model accidentally access a real company’s system?
The model guessed a password to access the real company's service. President Trump says his administration has reached an agreement with Denmark, giving the U.S. permanent control over security for Greenland, ending for now a saga that fractured the transatlantic alliance. Full details of the deal were not immediately provided by Trump on Friday, though the leaders of Denmark and Greenland said they expected the pact to be signed next week at the United Nations General Assembly. The deal touted by the U.S. president appears to be a significant pullback from his previous attempts to take over the semi-autonomous Danish territory. Trump's repeated demands regarding Greenland fomented distrust between the U.S.
and Europe, presenting one of the gravest challenges to the NATO alliance since the end of World War II. The Wall Street Journal reports Anthropic plans to stage its blockbuster initial public offering in November, later than many investors expected, as leaders of the biggest companies in the artificial intelligence race call for a slowdown in the development of the technology. The AI giant had been expected to stage a record-breaking offering in October. Some of Anthropic's advisors say waiting until November would give the startup time to share third-quarter financials that show a strong competitive position, even after rival OpenAI launched its newest model, Astra, in September.
What is President Trump’s announced security agreement with Denmark over Greenland?
The New York Times reports Anthropic is expected to generate more than $100 billion in annualized revenue this year. That's up from $65 billion as of July. Investors seeking to get a piece of the IPO are using those soaring numbers to justify Anthropic's staggering potential valuation of $2 trillion. California Governor Gavin Newsom has issued an executive order to deal with artificial intelligence systems that can now self-direct. Michael Shepard, Bloomberg's senior technology editor, talked about it on Balance of Power.
He is asking for a panel in the California government to take a closer look at whether it makes sense to require companies to bake a kill switch into their systems. But there are other elements, vetting systems by third-party evaluators. In other words, making sure that companies have outsiders come in to check their systems for safety.
Bloomberg Senior Technology Editor Michael Shepard. President Trump says he will ban cable news outlets CNN and MSNOW, as well as online publication Politico from the White House, a move that strikes at the heart of First Amendment protections for the news media. Trump said in a Friday social media post the ban would become effective immediately, citing what he said was unfavorable coverage of his administration.
Why is Anthropic delaying its IPO to November and what does it mean for AI investors?
He also threatened to bar other outlets from the executive mansion, saying other fake news media outlets to follow.
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Chapters
7 chapters
1
What is the main topic discussed in this episode?
0:00–0:30
2
What did Google’s Gemini AI do that caused unexpected security breaches?
0:30–1:20
3
How did the Gemini model accidentally access a real company’s system?
1:20–2:40
4
What is President Trump’s announced security agreement with Denmark over Greenland?
2:40–3:57
5
Why is Anthropic delaying its IPO to November and what does it mean for AI investors?
3:57–4:49
6
What new AI‑regulation steps is California Governor Gavin Newsom proposing?
4:49–5:29
7
How is Trump’s ban on major news outlets affecting the First Amendment and market sentiment?
5:29–6:37
Speakers
7 identifiedMore from Bloomberg News Now
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