Rubrik CEO Bipul Sinha believes that artificial intelligence is creating "one hundred times more opportunities," but with "one hundred times more risk" for cybersecurity clients. He joined Scarlet Fu and Norah Mulinda on 'Bloomberg Businessweek Daily' to discuss balancing AI innovation with data privacy.

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Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

Several participants at the Federal Reserve’s September policy meeting said it was important to continue monitoring money-market conditions and evaluate how close bank reserves are to their “ample” level, as the central bank continues to unwind its massive portfolio of securities.

The remarks come as prolonged funding pressures in US money markets, just as bank reserves held at the Fed are dwindling, are suggesting the central bank may be getting closer to ending its balance sheet runoff.

A few participants noted that the Standing Repo Facility — the Fed’s liquidity backstop — would help keep the federal funds rate within its target range and ensure that temporary pressures in money markets wouldn’t disrupt the ongoing balance-sheet reduction, according to the minutes of the Sept. 16-17 gathering released Wednesday.

Today's show features:

• Kay Herr, JPMorgan Asset Management US CIO of Global Fixed Income, Currency, and Commodities
• Stephen Carroll, Host of Bloomberg Daybreak Europe, on Macron's next two days during which he needs to select a new prime minister
• Mandeep Singh, Bloomberg Intelligence Global Head of Technology Research, on how AI became a trillion dollar market
• Herman Chan, Bloomberg Intelligence Senior Analyst for US Regional Banks on the bank merger outlook

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Zwift is a massively multiplayer online cycling and running physical training program that enables users to interact, train, and compete in a virtual world.

Eric Min is co-founder and CEO of Zwift. He discusses using AI for the online cycling and running physical training program.

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