CNBC Halftime Report with Brad Gerstner - October 15th, 2026

Is AI revenue keeping pace with the buildout? That was the opening question on today’s special edition of CNBC’s Halftime Report, AI in America. Altimeter Founder & CEO Brad Gerstner joined Scott Wapner for the full hour and here are some key themes from the conversation: AI revenue exploded higher this year, and the market is now consolidating. Brad sees the chop as healthy because it avoids bubbles, and he is more positive looking out to 2027 and 2028 AI is accelerating as models write more of the code behind each new release. Brad expects more breakthrough products across cyber, knowledge work, bio and materials science On open source competition, Brad takes the non consensus view that the frontier labs’ lead is growing, driven by recursive improvement and the most compute The U.S. already has a three part approach to AI oversight: Commerce Department review of frontier models, the White House Accord on Superintelligence, and a task force focused on critical industries and cyber. Brad argues it should keep evolving with the technology The views expressed are those of the speakers and do not necessarily reflect the views of Altimeter Capital Management, LP. This content is for informational purposes only and is not investment advice or a recommendation to buy or sell any security.