AI Firms Face Scrutiny in Australia

Australia is stepping up scrutiny of artificial intelligence, with representatives from OpenAI, Anthropic, Microsoft and Google facing questions from a parliamentary inquiry. The hearing comes after OpenAI revealed their technology breached Australian government agencies earlier this year. Director of the AI Institute at the University of New South Wales, Sue Keay joins "Bloomberg: The Asia Trade" to discuss safety concerns, regulation and whether Australia risks missing out on the benefits of AI. (Source: Bloomberg)