OpenAI revenue run rate tops $40 Billion as the company moves toward an IPO. Bloomberg News AI Reporter Rachel Metz joins to discuss. Plus, Bloomberg Economics' Chris Kennedy and Clara Gillispie from the Council on Foreign Relations break down the latest news regarding the conflict with Iran and its impact to the energy markets. Finally, Michael Eck joins Businessweek Daily to discuss his new book "Strike Season: The True Story of a Team That Played On When the Coaches Walked Out." Chapters 00:00:00 Bloomberg Businessweek Daily 00:03:02 Market Update: Stocks Slip, Oil Rises 00:05:00 OpenAI Revenue Surges Toward $40 Billion 00:06:16 Inside OpenAI's Growth & One Billion Weekly Users 00:07:20 ChatGPT, Claude & the Battle for Paying Users 00:09:01 The Fast-Moving AI Model Race 00:10:56 U.S. Plans Unprecedented Economic Pressure on Iran 00:12:01 What New Iran Sanctions Could Look Like 00:13:52 Can Economic Pressure Force Iran to Change? 00:19:01 Market Update: Stocks Lower, Oil Higher 00:21:02 Iran Sanctions & Global Energy Markets 00:22:19 Can the U.S. Sustain the Hormuz Blockade? 00:27:29 Has the Iran Nuclear Issue Taken a Back Seat? 00:29:50 Building Alternatives to the Strait of Hormuz 00:32:36 Market Update: Tyson Foods & Oil 00:33:57 Strike Season: When the Coaches Walked Out 00:36:06 How a High School Football Team Coached Itself 00:39:29 How the Experience Changed His View of Unions 00:41:34 Resilience, Parenting & Lessons Beyond Football 00:42:44 Market Preview: Fed Minutes, Nvidia & Jackson Hole -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts