WEBVTT - Snowflake Jumps Most Since 2020 After Amazon Deal 0:00:02.520 --> 0:00:13.520 Bloomberg Audio Studios, Podcasts, radio news. Bloomberg Tech is live 0:00:13.560 --> 0:00:17.360 from coast to coast with Caroline Hide in New York 0:00:17.640 --> 0:00:20.079 and ever Low in sentences. 0:00:19.520 --> 0:00:24.599 Go this is Bloomberg Tech coming up. 0:00:24.640 --> 0:00:28.720 Bloomberg News pulls back the curtains on Apple's revamped Siri 0:00:28.840 --> 0:00:31.840 design ahead of its WWDC debut. 0:00:32.000 --> 0:00:35.040 Plus Snowflake jumps the most It's twenty twenty after the 0:00:35.080 --> 0:00:37.360 software maker gave a stronger outlook and sign a six 0:00:37.479 --> 0:00:38.720 billion dollar deal with Amazon. 0:00:38.960 --> 0:00:40.280 We'll hear from the CEO. 0:00:40.880 --> 0:00:44.639 And Meta introduces paid chatbot subscriptions to help offset its 0:00:44.640 --> 0:00:46.120 AI infrastructure costs. 0:00:46.200 --> 0:00:49.159 First we look at infrastructure and how actually an infrastructure 0:00:49.159 --> 0:00:52.480 deal with Amazon is helping summon the narrative around Snowflake. 0:00:52.840 --> 0:00:56.600 Extraordinary move, the biggest jump in the stock since twenty twenty. 0:00:56.680 --> 0:00:59.160 We're looking at thirty four percent gain after a thirty 0:00:59.200 --> 0:01:02.360 four percent in product revenue for this company. It was 0:01:02.400 --> 0:01:05.520 a beat, it was a raise, and there's real acceleration 0:01:05.720 --> 0:01:09.080 in people using their AI coding tool. In particular, twenty 0:01:09.200 --> 0:01:11.320 two billion dollars added in a market cap so much 0:01:11.400 --> 0:01:12.120 to digest today. 0:01:12.240 --> 0:01:14.880 Ed a lot of news headlines this morning. 0:01:14.959 --> 0:01:18.880 One coming from the information that Microsoft next week is 0:01:18.920 --> 0:01:22.760 going to introduce a coding model, a model focused on coding, 0:01:22.760 --> 0:01:25.160 a marketplace we've covered so much of late the stock 0:01:25.240 --> 0:01:27.520 off session highs that we saw gains three and a 0:01:27.560 --> 0:01:30.360 half almost four percent, So the market taking it seriously. 0:01:30.600 --> 0:01:32.200 If we hear more, will give you more. 0:01:32.640 --> 0:01:34.280 Well, and now we can give you more on what 0:01:34.360 --> 0:01:37.560 to expect with Apple's Siri overhaul, because it's going to 0:01:37.600 --> 0:01:40.479 take center stage in the company's next major software update, 0:01:40.680 --> 0:01:43.479 and Bloomberg News has details on what to expect ahead 0:01:43.520 --> 0:01:45.040 of the WWDC debut. 0:01:45.240 --> 0:01:47.000 Now, these Bloomberg. 0:01:46.520 --> 0:01:50.600 Created illustrations, they offer a look at the revamped Sery interface, 0:01:50.680 --> 0:01:53.440 including a new chatbot style app that the images that 0:01:53.480 --> 0:01:56.000 you're currently looking at they're based on information viewed by 0:01:56.040 --> 0:01:58.680 Bloomberg and people with knowledge of the company's plans. 0:01:59.240 --> 0:02:00.760 Well those plans. 0:02:00.800 --> 0:02:04.160 It's Bloomberg Consumer Tech and Apple Managing editor Mark German. 0:02:04.560 --> 0:02:07.400 So the look the feel is really building. 0:02:07.040 --> 0:02:09.240 On some of the updates we've had in the past 0:02:09.280 --> 0:02:10.400 and improving them. 0:02:11.480 --> 0:02:15.480 Well, I'll just say this, this is an incredibly exciting 0:02:15.520 --> 0:02:16.520 moment for Apple. 0:02:17.280 --> 0:02:19.560 I think consumers should be pumped. 0:02:20.280 --> 0:02:23.000 What Apple is doing here is they've seen everything that 0:02:23.120 --> 0:02:27.840 Open Ai and Google and Anthropic have done. They believe 0:02:28.000 --> 0:02:31.680 that AI has a place at the center of its products, 0:02:32.320 --> 0:02:34.120 and they're finally going to implement that. 0:02:34.280 --> 0:02:36.560 So this is a really big deal for consumers. 0:02:37.240 --> 0:02:39.920 People have been clamoring for a version of Siri that 0:02:40.000 --> 0:02:44.239 works properly for the better part of fifteen years, and 0:02:44.400 --> 0:02:46.480 my strong belief as we are finally going to get 0:02:46.760 --> 0:02:49.840 this fall So I see this as a major development 0:02:49.880 --> 0:02:53.440 and accomplishment for Apple in its quest to try to 0:02:53.480 --> 0:02:56.919 bring AI to the masses, taking a slightly different tack 0:02:57.560 --> 0:02:58.800 than their rivals in the space. 0:03:00.120 --> 0:03:03.680 There's two parts to this, as you report it. There's 0:03:03.720 --> 0:03:07.360 the standalone Siri app, let's say it's a kin to 0:03:07.480 --> 0:03:11.320 a chat GPT app. And then there's how you interact 0:03:11.320 --> 0:03:14.840 with Siri on the screen of your phone. You know, however, 0:03:14.880 --> 0:03:17.160 you open up the phone, we're going to go through 0:03:17.160 --> 0:03:19.200 some of the images that you included in the story, 0:03:19.200 --> 0:03:22.960 But could you just explain those two parts that we're detailing, 0:03:23.160 --> 0:03:25.160 and as we cycle through the images, we're showing them on. 0:03:25.160 --> 0:03:26.160 The screen right now. 0:03:26.760 --> 0:03:30.840 Again, these are Bloomberg generated images based on our reporting, 0:03:31.000 --> 0:03:35.280 both discussions with sources and documentation that we viewed but 0:03:35.400 --> 0:03:36.600 those two new features. 0:03:36.640 --> 0:03:41.000 Please, So to launch Sirie today, you say, obviously the 0:03:41.080 --> 0:03:43.800 SII wake word or Hey Siri if you have an older. 0:03:43.560 --> 0:03:46.000 Device, or you can hold down the power button. 0:03:46.080 --> 0:03:49.520 That continues, and there's a new animation that pops out. 0:03:49.360 --> 0:03:50.400 Of the dynamic island. 0:03:50.400 --> 0:03:53.360 Obviously they added that with the fourteen proback in twenty 0:03:53.400 --> 0:03:57.280 twenty two, so this is with modern iPhone hardware in mind. 0:03:57.600 --> 0:03:59.600 The second thing you can do was swipe down from 0:03:59.640 --> 0:04:01.840 the top center of the iPhone. So how you open 0:04:01.880 --> 0:04:05.080 notifications today will be how you open a new serie 0:04:05.160 --> 0:04:08.400 interface called search or Ask, and that essentially takes you 0:04:08.480 --> 0:04:12.360 into a type to serie interface basically a system wide 0:04:12.400 --> 0:04:15.200 AI agent. You can tell it to get things done 0:04:15.200 --> 0:04:17.480 on your behalf. You can do searches on your device 0:04:17.760 --> 0:04:20.080 as well as the open Web. So there's a perplexity 0:04:20.120 --> 0:04:24.239 competitor from Apple, built by Apple, developed by Apple, designed 0:04:24.240 --> 0:04:27.839 by Apple in there as well. And then there's the 0:04:27.880 --> 0:04:32.239 serie app. You know, chatbots have taken the world by storm. 0:04:32.560 --> 0:04:37.159 Chat GPT has nearly a billion users. People are using Gemini, 0:04:37.240 --> 0:04:40.640 people are using claud. This is clearly something that people want. 0:04:40.960 --> 0:04:44.400 So this is a product an app in line with 0:04:44.440 --> 0:04:46.440 what you're getting from Google Gemini. 0:04:46.720 --> 0:04:49.200 Obviously, as we reported last year, the. 0:04:49.200 --> 0:04:52.359 Underlying models for a lot of these new technologies in 0:04:52.480 --> 0:04:57.280 Siri are powered by Gemini and running on Google's cloud infrastructure. 0:04:57.839 --> 0:05:01.200 How worried should like a chat che should open aib 0:05:01.360 --> 0:05:03.880 right now? You reported that maybe they even considering legal action. 0:05:04.640 --> 0:05:06.640 Is this going to be a real standalone competitor. 0:05:07.720 --> 0:05:10.400 Well, we've seen this time and time again where Apple 0:05:10.520 --> 0:05:14.400 releases a standalone app of its own that's built into 0:05:14.520 --> 0:05:18.800 the operating system. I think chat GPT has the strongest brand. 0:05:18.920 --> 0:05:21.400 Serie doesn't have a very strong brand. I still think 0:05:21.400 --> 0:05:24.599 they should, you know, rebrand the whole effort. That's neither 0:05:24.600 --> 0:05:28.159 here nor there, at least for now, but definitely having 0:05:28.160 --> 0:05:32.640 a chatbop built into iOS, mac os, iPad os north 0:05:32.680 --> 0:05:36.880 of two billion devices that is threatening. I would say 0:05:36.960 --> 0:05:42.280 to Gemini to chat GPT and to Claude, especially if 0:05:42.320 --> 0:05:46.039 over time Apple is able to make it really competitive 0:05:46.080 --> 0:05:47.320 to what you're seeing to chat GPT. 0:05:47.720 --> 0:05:49.360 So we'll have to see how this plays out. 0:05:49.240 --> 0:05:52.680 Over time, but at least, you know, in the short term, 0:05:53.040 --> 0:05:54.800 a lot of people are going to be introduced to 0:05:54.880 --> 0:05:58.080 the concept of a chat or a conversational AI interface 0:05:58.560 --> 0:06:01.640 who haven't used it before, despite the popularity of church. 0:06:01.440 --> 0:06:05.920 Gipt, Bluebo's Mark Gumman, Thank you very much. Let's get 0:06:05.920 --> 0:06:08.880 to another story. Shares a Salesforce up about a percentage point, 0:06:08.960 --> 0:06:11.560 kind of a muted move, and you're gonna understand why. 0:06:11.560 --> 0:06:13.480 In a few minutes time, the company gave a revenue 0:06:13.480 --> 0:06:16.720 outlook for the current period that just fell short of 0:06:16.760 --> 0:06:20.200 an this estimates Bloemberg's Brady Ford covering Salesforce with us. 0:06:20.200 --> 0:06:24.919 Now we're kind of waiting for a different story in 0:06:24.960 --> 0:06:26.880 a minute's time, which might give us some context on 0:06:26.920 --> 0:06:29.839 that move. But what was the story of Salesforce? Forget 0:06:29.839 --> 0:06:31.839 the outlook the numbers. What were they saying? 0:06:32.560 --> 0:06:36.320 Application companies are trying to reinvent themselves as AI companies, 0:06:36.360 --> 0:06:39.120 and so Salesforce came out and said, we have an 0:06:39.160 --> 0:06:41.640 AI product that's kind of ramping and revenue. 0:06:41.680 --> 0:06:42.440 We have all these. 0:06:42.320 --> 0:06:46.279 Positive traction points, but our core products, for you know, 0:06:46.480 --> 0:06:49.479 sales and service are slowing down, and so it's how 0:06:49.560 --> 0:06:53.920 quickly can they reinvent themselves At this point, not very 0:06:53.960 --> 0:06:55.920 I mean their app a percentage point today, but if 0:06:55.920 --> 0:06:58.480 that chart zooms out, it has not been a rosy 0:06:58.560 --> 0:07:01.839 picture for Salesforce, and the last year or two it's down. 0:07:01.760 --> 0:07:02.800 Thirty percent year to date. 0:07:02.880 --> 0:07:06.279 Brody, I loved your content on LinkedIn, just showing that, 0:07:06.320 --> 0:07:08.960 like basically all earnings caols are now turning into podcasts, 0:07:09.000 --> 0:07:09.400 so they're. 0:07:09.279 --> 0:07:11.520 Trying to reframe and rebrand the way in which they 0:07:11.560 --> 0:07:12.680 present these results. 0:07:12.880 --> 0:07:14.920 But like many off is saying, this is still a 0:07:14.960 --> 0:07:18.520 record quarter, So how do we get more confident that. 0:07:18.440 --> 0:07:19.320 There is going to be that. 0:07:19.280 --> 0:07:21.600 Second half inflection on organic growth? 0:07:22.960 --> 0:07:26.200 Yeah, it's just that reacceleration story, right, I mean, their 0:07:26.320 --> 0:07:31.840 biggest products keep slowing down, They've done acquisitions, they've added 0:07:31.920 --> 0:07:33.960 new products, and so there's kind of a lot of 0:07:34.040 --> 0:07:37.800 rosy things to look at. But until that kind of 0:07:37.960 --> 0:07:41.640 core sales, cloud service, cloud that really built their house, 0:07:41.720 --> 0:07:44.920 until that speeds back up due to AI, they're going 0:07:45.000 --> 0:07:46.360 to stay in that penalty box. 0:07:47.920 --> 0:07:50.920 Should we just very quickly talk about the actual story today? 0:07:51.400 --> 0:07:54.760 Teams throw it up on the screen. Snowflake is going 0:07:54.920 --> 0:07:56.320 absolutely parabolic. 0:07:56.600 --> 0:07:56.800 Yep. 0:07:57.080 --> 0:07:59.520 Why, it's a tale of two cities, right, I Mean 0:07:59.640 --> 0:08:04.000 snow makes data infrastructure software, So a lot of companies 0:08:04.040 --> 0:08:06.960 have their most important data sitting in Snowflake and they 0:08:07.000 --> 0:08:08.600 have to use it if they want to do all 0:08:08.600 --> 0:08:11.840 these cool AI features on top of it. And we're 0:08:11.880 --> 0:08:15.320 seeing in the numbers that demand for Snowflake's products is 0:08:15.440 --> 0:08:17.880 kind of going gangbusters. So they had a great day. 0:08:18.480 --> 0:08:20.200 They did, and Brodiefd, you're gonna stick with us to 0:08:20.240 --> 0:08:22.640 talk about a little bit more Snowflake so you can 0:08:22.680 --> 0:08:26.120 see that move means it's added twenty two billion dollars 0:08:26.320 --> 0:08:30.000 to its market capitalization. I mean after beating and expectations. 0:08:30.280 --> 0:08:32.680 They've also locked in that massive six billion dollar infrastructure 0:08:32.679 --> 0:08:34.280 deal with Amazon. We could talk about that with Brody 0:08:34.320 --> 0:08:35.600 in a minute, but first of all, just take from 0:08:35.600 --> 0:08:38.040 the Snowflake CEO himself, Shieto Ramaswami. 0:08:38.120 --> 0:08:38.960 We spoke to Melia. 0:08:40.800 --> 0:08:41.640 First of all, they're. 0:08:41.440 --> 0:08:47.120 A longtime partner. They are the biggest cloud service provider 0:08:47.200 --> 0:08:49.040 that be run on top of and on on top 0:08:49.080 --> 0:08:54.080 of Azura as well as GCP. The really important thing 0:08:54.120 --> 0:08:57.160 with Amazon is how we go to our customers. 0:08:57.200 --> 0:08:57.520 Together. 0:08:58.160 --> 0:09:04.880 Bothrians are extraordinary value that we deliver for our customers, 0:09:05.120 --> 0:09:08.000 and with deals like this we get massive economies of 0:09:08.040 --> 0:09:11.320 scale that let us pass on some of these savings 0:09:11.360 --> 0:09:14.000 back to our customers. We ounced a huge change in 0:09:14.040 --> 0:09:17.200 how we price AI that makes AI a lot less 0:09:17.200 --> 0:09:20.679 expensive for our customers. It's aided by deals like this 0:09:20.880 --> 0:09:25.080 because of this ability to bulk purchase confidently, which, as 0:09:25.120 --> 0:09:28.360 I said, in turn, we give to our customers create 0:09:28.440 --> 0:09:29.640 amazing products on top. 0:09:29.720 --> 0:09:31.680 This deal makes us much more effective. 0:09:31.679 --> 0:09:35.480 Together, Amazon is interested in solving customer problems, and having 0:09:35.600 --> 0:09:40.160 a data platform is a key part of solving customer problems, 0:09:40.559 --> 0:09:42.480 us being able to go to market together. We work 0:09:42.520 --> 0:09:45.880 at every level of the hierarchy. Matt and I are garment, 0:09:45.920 --> 0:09:48.400 the CEO and I are in constant touch, but so 0:09:48.640 --> 0:09:51.800 on our teams. It's that ability to collaborate at a 0:09:52.000 --> 0:09:54.959 deep level to solve complex problems, for example, like ed 0:09:55.120 --> 0:09:58.120 data migration that makes us pretty unique. 0:09:58.160 --> 0:10:00.000 It is truly a better gather story. 0:10:01.840 --> 0:10:05.679 What timing Caroline's conversation with the CEO of snowfake and 0:10:05.760 --> 0:10:08.040 audio issues there that's tech happens. 0:10:08.960 --> 0:10:10.600 Is this stock up thirty five. 0:10:10.480 --> 0:10:14.880 Percent because of a compute deal with AWS or is 0:10:14.920 --> 0:10:17.480 it up for a different reason, Like it's really difficult 0:10:17.480 --> 0:10:20.559 in this moment to see the impact of that relationship 0:10:20.960 --> 0:10:23.040 in how the market's cheering the name today. 0:10:23.640 --> 0:10:26.440 It seems that most of the rally is due to 0:10:26.840 --> 0:10:28.880 their own products and the fact that they have a 0:10:28.880 --> 0:10:32.640 pretty strong outlook. But the Amazon deal is interesting because 0:10:32.679 --> 0:10:34.760 a big part of the software story right now is 0:10:35.080 --> 0:10:38.360 when you're spending all of this money on LMS on 0:10:38.480 --> 0:10:42.120 AI features, that does hurt your margins, and so anything 0:10:42.160 --> 0:10:44.679 that companies are able to do to get economies of 0:10:44.720 --> 0:10:47.439 scale and drive costs down, which appears to be what's happening, 0:10:47.720 --> 0:10:48.840 that's also good news. 0:10:49.240 --> 0:10:50.960 I mean, ed will know this more than anyone. 0:10:51.240 --> 0:10:54.640 The graviton offering that comes from AWS and the idea. 0:10:54.720 --> 0:10:56.880 In your story, you make clear that maybe they're pushing 0:10:56.880 --> 0:10:57.720 towards that because of. 0:10:57.720 --> 0:10:58.640 These efficiency gains. 0:10:58.640 --> 0:11:01.120 And we're going to hear from Shreidar a little bit 0:11:01.160 --> 0:11:03.400 later in the show about that brody, but well, broady, 0:11:03.440 --> 0:11:05.960 how are we seeing the adoption of coding tools Cortex 0:11:06.000 --> 0:11:09.120 in particular seven thousand more than subscriptions? 0:11:09.200 --> 0:11:11.239 Is that a lot? When you're thinking about the competitors 0:11:11.240 --> 0:11:11.640 out there. 0:11:13.200 --> 0:11:17.280 It's interesting because a lot of application platforms, they've had 0:11:17.320 --> 0:11:20.640 their own tools like a coding assistant or other productivity 0:11:20.640 --> 0:11:23.280 tools right and there in the platform. In a lot 0:11:23.320 --> 0:11:26.240 of cases, we hadn't seen great uptake for it. And 0:11:26.320 --> 0:11:29.360 so Snowflakes saying, Hey, actually the coding tool that we're 0:11:29.400 --> 0:11:32.640 putting on here is being used. It is driving revenue. 0:11:32.960 --> 0:11:35.200 That's kind of new. We haven't seen that from a 0:11:35.320 --> 0:11:38.160 ton of other companies. And so I think that's a 0:11:38.160 --> 0:11:41.560 pretty significant positive point that's being reacted to here. 0:11:41.960 --> 0:11:44.080 And you just think about where Shreidar comes from. 0:11:44.120 --> 0:11:46.760 Like his whole business AI business was bought by Snowflake 0:11:46.880 --> 0:11:49.600 neither before, So no wonder he's managing to integrate at 0:11:49.600 --> 0:11:50.640 Bloomberg's brody Ford. 0:11:50.800 --> 0:11:52.959 Great Nawk, thanks for joining now. 0:11:52.960 --> 0:11:55.360 Coming up, Navy is going to be joining us making 0:11:55.400 --> 0:11:58.319 a major push towards electric marine travel, deploying one hundred 0:11:58.360 --> 0:12:02.920 electric vessels are across the Maldives. How nice because speaking 0:12:02.960 --> 0:12:04.760 with the CEO next, that's Bloomberg Tech. 0:12:20.679 --> 0:12:24.559 US based maritime technology company Navier is deploying one hundred 0:12:24.600 --> 0:12:28.240 electric vessels across the Maldives to build an inter island 0:12:28.280 --> 0:12:33.040 transportation network linking airports, resorts, local communities. Roll up marks 0:12:33.040 --> 0:12:37.040 a major milestone for electrified marine mobility. Joining us now 0:12:37.040 --> 0:12:41.680 as Navy CEO some pretty badasharia back on Bloomberg Tech, 0:12:41.760 --> 0:12:45.640 and with respect, last time you're on the program. Nava 0:12:45.679 --> 0:12:49.800 was in a very different place just getting started. Fast forward, 0:12:50.200 --> 0:12:52.880 you're going to put one hundred of your vessels in 0:12:52.960 --> 0:12:56.959 a really interesting market, and you're really ramping up commercially 0:12:57.400 --> 0:12:59.120 with one hundred million dollar deal. 0:12:59.480 --> 0:13:00.920 Let's start with Moldives. Piece. 0:13:01.600 --> 0:13:03.400 When we lost FOT, you weren't looking at this kind 0:13:03.400 --> 0:13:04.880 of luxury into island market. 0:13:04.960 --> 0:13:05.440 Now you are. 0:13:05.559 --> 0:13:12.160 Why Actually we always saw the potential for you know, 0:13:12.240 --> 0:13:13.600 transportation with the N. 0:13:13.679 --> 0:13:15.480 Thirty for islands. 0:13:15.520 --> 0:13:19.680 But what is interesting here is that Maldives is this 0:13:19.840 --> 0:13:23.520 place where there's a natural need for the technology, and 0:13:23.640 --> 0:13:27.280 that aligns very well with our vision. You know, it 0:13:27.280 --> 0:13:31.840 has a vision for twenty thirty net zero and there's 0:13:32.040 --> 0:13:35.160 over a thousand islands today, there is over you know, 0:13:35.400 --> 0:13:39.560 two thousand, eight hundred gas guzzling boats. The fit is 0:13:39.640 --> 0:13:42.120 so on spot, and you know, we are very grateful 0:13:42.160 --> 0:13:44.840 for the partners we found who have like the you 0:13:44.880 --> 0:13:48.520 know JIH who have the similar vision of like developing 0:13:48.559 --> 0:13:50.640 the country's infrastructure. 0:13:51.200 --> 0:13:54.000 Let's talk about the N thirty Pioneer edition. What does 0:13:54.040 --> 0:13:57.280 it show in terms of performance? What does it do 0:13:57.320 --> 0:13:59.599 that's unlike anything that's on the market. 0:14:00.800 --> 0:14:03.600 Yeah, absolutely, you know, at a high level, our goal 0:14:03.760 --> 0:14:07.640 at NAVIA is to build a standardized foundational layer I 0:14:07.679 --> 0:14:11.160 would say the best possible platform on the water with 0:14:11.480 --> 0:14:14.199 you know, dual use case, whether that's transportation or defense. 0:14:14.240 --> 0:14:15.719 And we are very focused on. 0:14:15.720 --> 0:14:20.520 Making this reliable, long range and applicable for different kind 0:14:20.600 --> 0:14:24.120 of sea states. So this is not just the deployment 0:14:24.160 --> 0:14:26.840 of the boat, but this is also the deployment of 0:14:26.880 --> 0:14:27.520 a network. 0:14:27.640 --> 0:14:29.880 So usually when you go somewhere. 0:14:29.600 --> 0:14:31.760 You know you have one of boats that takes you 0:14:31.800 --> 0:14:34.920 to an island, but in this case, it's more like 0:14:34.960 --> 0:14:35.880 what you see in the land. 0:14:35.880 --> 0:14:36.880 What do you see in the air? Right? 0:14:36.960 --> 0:14:39.680 You have United Airlines, you have Black Lane, you have 0:14:39.760 --> 0:14:42.240 four seasons on the land right, But when it comes 0:14:42.240 --> 0:14:44.479 to the water, there is no standardization. 0:14:45.160 --> 0:14:47.520 And what is different is that you know. 0:14:47.480 --> 0:14:50.320 You are in this beautiful resource right, which are so 0:14:50.480 --> 0:14:54.680 into sustainability, and then you get on the water and there's. 0:14:54.520 --> 0:14:55.720 A huge disconnect. 0:14:56.200 --> 0:14:58.720 And that's where we really come in. You know, that 0:14:58.960 --> 0:14:59.880 experience part of. 0:14:59.840 --> 0:15:03.400 It some pretty How much pressure are you under to 0:15:03.520 --> 0:15:08.160 deliver for JIH and the Moldives project, like a hundred 0:15:08.280 --> 0:15:11.640 of these are they built? How quickly do you build them? 0:15:11.680 --> 0:15:13.400 Where do they get built? How do they get to 0:15:13.400 --> 0:15:15.440 the Moltives give us a sense of how real this is. 0:15:16.360 --> 0:15:19.640 Yes, absolutely, so, just to give a background, you know, 0:15:19.760 --> 0:15:22.840 jih is led by Mama Dali Jihana. He's one of 0:15:22.880 --> 0:15:26.480 the most influential business leaders of Maldives who have literally 0:15:26.560 --> 0:15:29.640 known as the man who built Maldives, driving force behind 0:15:29.840 --> 0:15:34.480 most of the prestigious hotels and resorts like the World 0:15:34.440 --> 0:15:36.840 War four seasons, and they have also a presence in 0:15:37.440 --> 0:15:40.760 the GCC. So I'm really working very closely with them 0:15:40.840 --> 0:15:44.120 the first year, this very year, we're starting with five vessels. 0:15:44.600 --> 0:15:46.760 The first one is going to get there you know, 0:15:47.120 --> 0:15:50.000 end of summer, and then we are going to test 0:15:50.000 --> 0:15:52.560 out this fleet and at the same time we will 0:15:52.600 --> 0:15:56.840 be working very closely with you know jih to plan 0:15:56.880 --> 0:16:00.480 out the infrastructure, the routes and then the you know, 0:16:00.960 --> 0:16:04.200 deployment is phased over the next three years. So there 0:16:04.240 --> 0:16:07.280 is a bit of like the infrastructure planning, route planning 0:16:07.320 --> 0:16:08.840 and then the software lure of it. 0:16:09.000 --> 0:16:11.120 Right, So we want to make this. 0:16:11.400 --> 0:16:14.960 A very seamless experience where Malis really become almost like 0:16:15.040 --> 0:16:18.440 the you know, it becomes a playbook of how to 0:16:18.600 --> 0:16:21.520 replicate this in you know, many other places. 0:16:21.160 --> 0:16:24.480 Well, how do you replicate that into a defense narrative 0:16:24.760 --> 0:16:26.680 not just luxury briefly. 0:16:27.800 --> 0:16:30.680 Right, because you know, if you go back to it, 0:16:31.760 --> 0:16:34.480 the company is really focused on what we called building 0:16:34.760 --> 0:16:38.760 the generalized marine vessel platform and the that is the 0:16:38.840 --> 0:16:40.360 standardized core. 0:16:40.560 --> 0:16:40.800 Right. 0:16:40.880 --> 0:16:44.440 If you forget the if you strip it to the 0:16:44.480 --> 0:16:47.880 physics of it. The role of a vessel is to 0:16:47.960 --> 0:16:52.400 carry per unit payload pernit mile reliably efficiently and go 0:16:52.480 --> 0:16:54.920 the longest distance at speed. What do you put on 0:16:55.000 --> 0:16:57.720 top of that, Like people often get caught into this, Oh, 0:16:57.960 --> 0:16:59.480 is it is it a luxury boat? 0:16:59.520 --> 0:17:02.520 It looks too pretty. No, forget it, it's just your physics, 0:17:02.560 --> 0:17:03.440 you know, it's just. 0:17:03.360 --> 0:17:06.119 The physics of the vessel, right, And our goal is 0:17:06.200 --> 0:17:09.560 to get as many vessels out there as possible for 0:17:09.800 --> 0:17:12.840 us to win as a generational maritime company. What you 0:17:12.840 --> 0:17:15.720 have seen today in asymmetric warfare, Right, we have to 0:17:15.760 --> 0:17:20.239 move away from exotic vessel building to standardize you know, 0:17:20.520 --> 0:17:24.119 scalabild systems, and that you can only do when you're 0:17:24.119 --> 0:17:27.480 going to dual use and commercial use cases forces you 0:17:27.920 --> 0:17:30.040 to like ruthlessly cut down cost. 0:17:30.520 --> 0:17:33.760 So that's a big part of it. When you have 0:17:33.840 --> 0:17:35.000 dual use platforms. 0:17:35.200 --> 0:17:39.160 You streamline everything the building, maintenance, supply chain and so on. 0:17:39.520 --> 0:17:43.000 So some realty fascinating, some reti battetaria. Thank you for 0:17:43.080 --> 0:17:46.760 joining us and Ivia and discussing the mold. These move meanwhile, 0:17:46.760 --> 0:17:50.720 from electric vessels to electric vehicles. Weimo set to deploy 0:17:50.920 --> 0:17:55.960 new autonomous vehicles purpose built forever taxi use without human supervision. 0:17:56.359 --> 0:17:57.920 Now topped the OHI. 0:17:58.440 --> 0:18:00.840 The cars will be made available to select riders in 0:18:00.840 --> 0:18:04.240 San Francisco, Los Angeles and Phoenix. You were one of 0:18:04.240 --> 0:18:07.560 those select individuals. Talk us through the ride you took 0:18:07.560 --> 0:18:08.520 and am I saying it right? 0:18:09.359 --> 0:18:12.040 Yeah, o hi ohi as in the city in SoCal 0:18:12.160 --> 0:18:15.399 but also like oh hi. But for Weimo, like this 0:18:15.520 --> 0:18:17.480 is very serious, right, this is the next phase of 0:18:17.520 --> 0:18:20.480 them scaling. So the Bloomberg Tech audience has probably seen 0:18:20.520 --> 0:18:23.959 one of the white Weimo Jaguar Eye paces. This is 0:18:24.359 --> 0:18:27.560 a vehicle that Weimo developed with Zeka, an arm of 0:18:27.680 --> 0:18:31.280 China's Gli, and you know it's a completely different design, 0:18:31.400 --> 0:18:33.960 more like a shuttle. But the point being that they 0:18:34.000 --> 0:18:37.359 final assemble these in Mesa, Arizona, and at scale of 0:18:37.400 --> 0:18:39.520 like you're talking tens of thousands per annum. 0:18:39.880 --> 0:18:42.600 So in the first instance. Yeah, free rides. 0:18:42.359 --> 0:18:44.960 Get user feedback, but if Weimo's going to break into 0:18:44.960 --> 0:18:47.280 the mainstream, this is what they see as being their 0:18:47.320 --> 0:18:48.919 mass volume transporter. 0:18:49.640 --> 0:18:52.720 Fascinating and particularly the China Angler as well. 0:18:52.720 --> 0:18:55.600 Ed particularly the China Angle. 0:18:55.680 --> 0:18:58.000 But I think that's the story here that because it's 0:18:58.040 --> 0:19:02.240 final assembly in Mesa and that the skateboard arrives without 0:19:02.240 --> 0:19:03.680 any of the self driving. 0:19:03.400 --> 0:19:06.720 Tech, they get going here, you are there. 0:19:06.760 --> 0:19:09.080 I am a lot of fun read the Bloomberg story 0:19:09.080 --> 0:19:10.879 will have more on the socials later now coming up, 0:19:11.040 --> 0:19:16.000 Andthropics explosive growth has turned into a highly sought after employer. 0:19:16.320 --> 0:19:18.320 We've got more in that next. This is boombog Tech. 0:19:26.520 --> 0:19:30.479 Landing a job at Anthropic is so fiercely competitive that 0:19:30.600 --> 0:19:33.680 applicants are spending get this, six hundred dollars on. 0:19:33.680 --> 0:19:35.719 Average on private interview coaching. 0:19:36.040 --> 0:19:39.920 Candidates say the startups intense culture screen feels that's like 0:19:39.960 --> 0:19:43.120 an interview and more like therapy on the company faces 0:19:43.400 --> 0:19:46.719 some incredible pressure to survive economically while keeping its values. 0:19:46.760 --> 0:19:49.840 People like really cammoring to be part of that story. Bloomo, 0:19:49.880 --> 0:19:51.959 Joe Constance and place to say it is with us 0:19:51.960 --> 0:19:54.600 you do this fascinating deep dive what it's like to 0:19:54.680 --> 0:19:57.679 go through interview rounds and anthropic What is it like? 0:19:58.440 --> 0:20:01.240 Well, I mean, I mean, for for the first things, 0:20:01.400 --> 0:20:05.040 it's competitive. There are so many applicants. Now, there's so 0:20:05.119 --> 0:20:07.800 many people who are you know, just would be thrilled 0:20:07.840 --> 0:20:13.040 to join. Even the most seasoned engineers, the most high 0:20:13.119 --> 0:20:16.280 level executives, recruiters tell me, are willing to take the 0:20:16.320 --> 0:20:19.880 call from the recruiter and the interview process. 0:20:19.960 --> 0:20:21.000 While a lot of it is. 0:20:20.960 --> 0:20:24.520 Pretty standard, the culture interview, from what I hear from 0:20:24.560 --> 0:20:29.640 candidates and recruiters is a little unusual and more of 0:20:30.040 --> 0:20:32.800 you know, a lot of companies, the culture fit interview 0:20:32.920 --> 0:20:34.680 is kind of a vibe check, just to make sure 0:20:34.880 --> 0:20:35.760 you know you're not. 0:20:38.119 --> 0:20:38.479