WEBVTT - San Francisco's Future and Nvidia's New Chip 0:00:01.440 --> 0:00:04.760 From the heart where Innovation of Money and Power colle 0:00:05.000 --> 0:00:09.719 in Silicon Valley, NBN. This is Bloomberg Technology with Caroline 0:00:09.800 --> 0:00:20.520 Hyde and Ed Ludlow. 0:00:25.120 --> 0:00:27.400 I'm Caroline Hyde at Bloomberg's world headquarters in New. 0:00:27.400 --> 0:00:32.519 York and I'm Ed Ludlow live from San Francisco in APEC. 0:00:32.640 --> 0:00:35.080 This is Bloomberg Technology. 0:00:34.680 --> 0:00:36.040 Coming up, World leaders. 0:00:36.200 --> 0:00:39.040 They just send on San Francisco for the Asia Pacific 0:00:39.080 --> 0:00:42.600 Economic Corporation Summit. Full coverage from Ed ahead as we 0:00:42.640 --> 0:00:45.160 sit down with the Mayor of San Francisco, London Breed, 0:00:45.680 --> 0:00:48.360 and we'll hone in on the battle for artificial intelligence 0:00:48.400 --> 0:00:49.479 dominance as. 0:00:49.320 --> 0:00:52.239 The world's most valuable chip maker unveil's new processes to 0:00:52.320 --> 0:00:53.400 maintain its edge. 0:00:53.800 --> 0:00:56.120 Plus, we'll break down the numbers from the world's largest 0:00:56.160 --> 0:00:59.560 online shopping event, China Singles Day, and push ahead to 0:00:59.680 --> 0:01:01.960 Eco mus numbers from the like Sir, Walmart and Target 0:01:02.000 --> 0:01:03.440 coming later this week in the US. 0:01:03.760 --> 0:01:05.840 But first we're going to be keeping a close. 0:01:05.640 --> 0:01:08.880 Eye on what's happening in China US relationship more broadly 0:01:08.920 --> 0:01:11.160 from a global context, and we're going to be talking, 0:01:11.240 --> 0:01:13.280 of course about the key leaders that are descending on 0:01:13.319 --> 0:01:15.800 San Francisco overall, I'm going to be hearing that from 0:01:15.840 --> 0:01:18.039 the world of San Francisco, and we do want to 0:01:18.080 --> 0:01:18.760 welcome Ed. 0:01:19.000 --> 0:01:26.440 Inesf Welcome to our Bloomberg television and radio audiences worldwide. 0:01:26.480 --> 0:01:31.200 San Francisco this week hosts APEC. We're joined by San 0:01:31.200 --> 0:01:33.000 Francisco's Mayor London Breed. 0:01:33.080 --> 0:01:34.720 Mayor Breed, thank you for your time this morning. 0:01:34.800 --> 0:01:39.240 Of course, Look, there's one question that everyone has. Why 0:01:39.319 --> 0:01:43.480 has it taken the visit of US President Biden, China's President, 0:01:43.600 --> 0:01:47.960 zy leaders from around the world for action on all 0:01:48.000 --> 0:01:50.640 of the problems that this city has been talking about 0:01:51.120 --> 0:01:52.160 for four years now. 0:01:52.480 --> 0:01:54.720 Well, just to be clear, we have been working on 0:01:54.760 --> 0:01:58.360 this now for a few years. This is not an 0:01:58.520 --> 0:02:02.160 issue that we've been sinning around waiting to solve. It's 0:02:02.200 --> 0:02:04.760 been something that San Francisco continues to work on. And 0:02:05.000 --> 0:02:08.120 since I've been mayor since twenty eighteen, we've helped over 0:02:08.200 --> 0:02:11.880 ten thousand people exit homelessness and we've never even had 0:02:12.200 --> 0:02:15.160 ten thousand people on our streets. We've seen a reduction 0:02:15.280 --> 0:02:17.800 when other Bay Area cities saw an increase, and so 0:02:17.880 --> 0:02:22.320 this is a problem that we continuously worked on. This year, Fortunately, 0:02:22.360 --> 0:02:25.240 we've gotten additional resources from the state and the federal 0:02:25.280 --> 0:02:29.239 government that has really made a tremendous difference around the 0:02:29.320 --> 0:02:30.560 challenges that we're dealing with. 0:02:30.760 --> 0:02:33.160 A question from our audience that was submitted when they 0:02:33.200 --> 0:02:37.360 heard you were coming on the program is were people 0:02:37.480 --> 0:02:40.639 moved temporarily because of the events of this week from 0:02:40.639 --> 0:02:44.320 specific blocks and neighborhoods to others or was this a 0:02:44.360 --> 0:02:48.160 permanent action that was taken for what we see on 0:02:48.200 --> 0:02:49.279 the streets outside. 0:02:49.360 --> 0:02:52.760 Well, it was an effort that took place. As you know, 0:02:52.800 --> 0:02:55.560 we had a court case where it limited our ability 0:02:55.600 --> 0:02:58.520 to move people off the streets. We still have a 0:02:58.560 --> 0:03:02.880 few hundred beds available and our street outreach team is 0:03:02.960 --> 0:03:05.960 out there every day. And after we got clarity from 0:03:06.000 --> 0:03:09.639 the Ninth Circuit Court of Appeal, people who are offered 0:03:09.680 --> 0:03:15.239 shelter are no longer involuntarily homeless, so we are able 0:03:15.320 --> 0:03:18.399 to move them into housing and too treatment, into support, 0:03:18.720 --> 0:03:20.919 and so we have been very aggressive once we had 0:03:20.919 --> 0:03:23.720 that clarity to get people off the streets. Our goal 0:03:23.840 --> 0:03:27.079 is always to provide support, to provide compassion, but to 0:03:27.120 --> 0:03:30.840 not let people linger on our streets, especially when we're 0:03:31.000 --> 0:03:33.040 offering them an opportunity for housing. 0:03:33.360 --> 0:03:34.760 Our hope what we've. 0:03:34.600 --> 0:03:36.920 Offered is that they will hold on to what we're 0:03:36.920 --> 0:03:38.160 making available to them. 0:03:38.800 --> 0:03:39.320 May I breed. 0:03:39.560 --> 0:03:42.000 The frustration of San Franciscans and the perception of the 0:03:42.040 --> 0:03:46.400 outside world is this happens every APEC or even with Dreamforce. 0:03:47.160 --> 0:03:49.840 For a week, the city is cleaned up, it puts 0:03:49.840 --> 0:03:50.880 its best foot forward. 0:03:50.880 --> 0:03:51.920 But when everyone. 0:03:51.640 --> 0:03:54.120 Leaves on Friday or at the end of the week, 0:03:54.440 --> 0:03:57.040 you know what guarantees can you give the city that 0:03:57.120 --> 0:04:00.640 this is permanent, that the actions the city taken to 0:04:00.640 --> 0:04:03.280 address the problems we know about will continue. 0:04:03.400 --> 0:04:03.560 Well. 0:04:03.640 --> 0:04:06.280 Just to be clear, APEC is a very unique event 0:04:06.320 --> 0:04:10.640 in San Francisco. We haven't had a global event of 0:04:10.680 --> 0:04:14.480 this magnitude since the United Nations was established, so it's 0:04:14.520 --> 0:04:18.719 a big deal. And after Dreamforce, things that we've done 0:04:18.800 --> 0:04:21.280 to keep the streets clean, to deal with the open 0:04:21.320 --> 0:04:24.520 air drug dealing and using have continued, which is why 0:04:24.600 --> 0:04:29.040 we're seeing a significant increase in how great the streets 0:04:29.040 --> 0:04:31.760 look for San Francisco. And also, just so you know, 0:04:31.800 --> 0:04:35.039 we have certain concentrated areas where there are challenges. Other 0:04:35.120 --> 0:04:37.599 major cities in the US have the same problems, but 0:04:37.720 --> 0:04:40.880 in our neighborhoods and the outskirts of San Francisco, things 0:04:40.920 --> 0:04:43.120 have been looking up for a very long time. 0:04:43.480 --> 0:04:46.480 Welcome to our Bloomberg Television radio audience world while we're 0:04:46.480 --> 0:04:50.839 speaking with San Francisco mayor London Breed. That's the case, 0:04:50.960 --> 0:04:54.359 right that these issues are not unique or specific to 0:04:54.400 --> 0:04:58.680 San Francisco. Indeed, other Californian cities experience them. Why does 0:04:58.720 --> 0:05:01.880 the world think though, that San Francisco is a problem 0:05:02.000 --> 0:05:05.599 city and sort of a portion more blame in that 0:05:05.720 --> 0:05:07.039 sense than to other cities. 0:05:07.400 --> 0:05:11.679 Well, San Francisco has always been a larger than live city. 0:05:11.680 --> 0:05:14.560 People are always surprised to find out that our population 0:05:14.880 --> 0:05:18.919 isn't even a million people. We represent the entire Bay Area. 0:05:18.960 --> 0:05:22.560 It's a global city. It's the gateway to the Asia Pacific. 0:05:22.720 --> 0:05:26.080 And so what this city is represented in history, whether 0:05:26.160 --> 0:05:30.240 it's the United Nations in nineteen forty five or the 0:05:30.279 --> 0:05:34.000 Peace Treaty which Japan in nineteen fifty one, San Francisco 0:05:34.080 --> 0:05:37.839 continues to be that city that creates those global connections, 0:05:37.880 --> 0:05:41.680 that is really oversized in terms of its image around 0:05:41.720 --> 0:05:44.080 the world. And it's one of the most beautiful, iconic 0:05:44.120 --> 0:05:47.880 places anywhere. So we're going to always get attention, whether 0:05:47.920 --> 0:05:50.640 it's good attention, or bad attention depends on what the 0:05:50.680 --> 0:05:53.840 story represents, and right now APEC all eyes are on 0:05:53.920 --> 0:05:57.400 the city artificial intelligence. Of the top twenty AI companies 0:05:57.400 --> 0:05:59.480 in the world, eight are in San Francisco and they 0:05:59.520 --> 0:06:03.920 are growing rapidly. Autonomous vehicles are being tested here. We're 0:06:03.960 --> 0:06:07.440 seeing so many new technologies and things that are changing 0:06:07.480 --> 0:06:10.200 the world. And even during COVID, we were a leader 0:06:10.240 --> 0:06:12.800 and we saw one of the lowest death rates anywhere 0:06:13.120 --> 0:06:16.279 in the country. So San Francisco continues to get a 0:06:16.320 --> 0:06:19.760 lot of attention in various aspects and that will continue. 0:06:19.760 --> 0:06:20.800 And my hope is as. 0:06:20.720 --> 0:06:23.679 A result of APEX, people will finally get to see 0:06:23.800 --> 0:06:26.640 what San Francisco is from their own experience. 0:06:27.160 --> 0:06:30.679 The centerpiece of this week for many is President Biden 0:06:31.160 --> 0:06:34.600 meeting with President g and the expectation is there will 0:06:34.640 --> 0:06:38.520 be some discussion about fentanyl. If you had the opportunity 0:06:38.560 --> 0:06:40.960 to speak to President g this week, what would you 0:06:41.040 --> 0:06:42.960 ask of him in the context of fentanyl. 0:06:43.279 --> 0:06:45.680 Well, part of it is just to work with the 0:06:45.800 --> 0:06:50.720 US and to ensure that the resources that are being 0:06:50.839 --> 0:06:54.560 sent out of China that come into either the US 0:06:54.680 --> 0:06:58.560 or Mexico are cut off to the fullest extent. Possible 0:06:58.560 --> 0:07:01.719 that we work together in order to ensure that this 0:07:01.880 --> 0:07:05.159 deadly poison that is killing people in San Francisco in 0:07:05.200 --> 0:07:08.320 significant numbers and all over the country, that we're able 0:07:08.360 --> 0:07:11.160 to combat this, to stop it, so that we can 0:07:11.200 --> 0:07:14.920 continue the relationship, the good relationship that always existed between 0:07:15.080 --> 0:07:19.200 China and the US around trade, around business growth and development, 0:07:19.920 --> 0:07:23.200 because right now this is a big part of what 0:07:23.360 --> 0:07:26.800 I think is also having an impact on our relationship 0:07:26.920 --> 0:07:29.040 because it has been so deadly to the people of 0:07:29.080 --> 0:07:29.960 the United States. 0:07:30.040 --> 0:07:32.520 Maverriid, who will you be meeting with this week and 0:07:32.560 --> 0:07:34.800 what are you hoping to achieve when the weekends. 0:07:35.200 --> 0:07:37.360 Well, I'm hoping to meet with a number of the 0:07:37.440 --> 0:07:41.200 leaders who are coming to San Francisco from the various economies. 0:07:41.240 --> 0:07:44.720 I'll be saying Hi. They'll be very brief hellos and 0:07:44.800 --> 0:07:49.720 meetings and just welcomes to San Francisco, and hopefully an opportunity, 0:07:50.080 --> 0:07:52.440 you know, not just to talk about the challenges, but 0:07:52.520 --> 0:07:56.000 to talk about the business opportunities and how San Francisco 0:07:56.720 --> 0:08:00.320 can be an important part of the economies of these 0:08:00.360 --> 0:08:03.720 various countries because many of the growth and development around 0:08:03.760 --> 0:08:06.680 AI and new technologies are being developed right here. 0:08:07.000 --> 0:08:09.640 Going into this week, mey Breed, you'd announced jointly with 0:08:09.680 --> 0:08:13.800 Mark Benioff that Dreamforce will return next year. Has mister 0:08:13.800 --> 0:08:17.000 Benioff given you any guarantees that Dreamforce will stay in 0:08:17.040 --> 0:08:19.760 San Francisco beyond twenty twenty four? 0:08:20.240 --> 0:08:25.400 Well, right now, next year, Salesforce is committed to hosting 0:08:25.480 --> 0:08:29.120 Dreamforce in San Francisco. Mark is a San Franciscan, He 0:08:29.240 --> 0:08:31.480 loves this city and will continue to work very closely 0:08:31.520 --> 0:08:34.480 with him to ensure next year's success as well as 0:08:34.480 --> 0:08:37.840 hopefully future Dreamforce success in San Francisco. 0:08:38.679 --> 0:08:41.600 AI, it's clearly top of mind for everyone, not just 0:08:41.640 --> 0:08:44.120 this week, but throughout twenty twenty three here in this city. 0:08:44.520 --> 0:08:46.920 You know, we've talked about all of the square foot 0:08:46.960 --> 0:08:51.240 of office space that has been filled by AIAI. You know, 0:08:51.360 --> 0:08:54.839 dozens of startups have been founded in this city. What 0:08:54.920 --> 0:08:57.760 action will you take this week to continue that? You know, 0:08:57.800 --> 0:09:00.880 what initiatives are you trying to put in place to 0:09:00.960 --> 0:09:04.120 continue the growth that AI seems to be centering in 0:09:04.160 --> 0:09:04.640 our city. 0:09:05.000 --> 0:09:07.280 Well, part of it is San Francisco has never had 0:09:07.280 --> 0:09:11.640 to work hard for business, for tourism and conventions, and 0:09:11.679 --> 0:09:14.120 what that means is, you know, we need to change 0:09:14.120 --> 0:09:16.400 a lot of our codes and things that limit people's 0:09:16.480 --> 0:09:18.640 ability to do business in San Francisco. 0:09:18.760 --> 0:09:19.719 We were always you. 0:09:19.679 --> 0:09:22.440 Can only be a bank in the financial district, or 0:09:22.480 --> 0:09:25.680 you can only have a retail establishment here. And many 0:09:25.720 --> 0:09:30.000 of the policies that I've already proposed allow for diversifying 0:09:31.080 --> 0:09:34.240 places like the building we are in now today, so 0:09:34.280 --> 0:09:36.720 that it's used for more than just office space. It 0:09:36.760 --> 0:09:40.080 could be used for lab space. You know, we have 0:09:40.120 --> 0:09:43.080 a three point four vacancy rate for lab space, and 0:09:43.480 --> 0:09:45.840 so we could use a building like this for that purpose. 0:09:45.920 --> 0:09:47.800 It should be able to easily convert. 0:09:47.840 --> 0:09:50.520 It is zero office mat bored directly involved in those 0:09:50.520 --> 0:09:54.680 conversations kind of bringing private sector two opportunities that you're 0:09:54.720 --> 0:09:55.880 aware of in our city. 0:09:55.960 --> 0:09:56.959 We definitely are me. 0:09:57.080 --> 0:10:00.520 Ikea is a perfect example of a space that's empty 0:10:00.640 --> 0:10:03.560 that wouldn't have been possible had we not bridged that 0:10:03.640 --> 0:10:06.000 gap to make it possible for Ikea to go into 0:10:06.000 --> 0:10:06.560 that space. 0:10:06.800 --> 0:10:07.760 So we're doing both. 0:10:07.880 --> 0:10:12.120 We're changing policies based on the communities and the people 0:10:12.120 --> 0:10:15.360 who are property owners to allow for their properties to 0:10:15.360 --> 0:10:18.120 be used for more than just one use. We're making 0:10:18.240 --> 0:10:20.800 planning code changes, and we're trying to just make it 0:10:20.840 --> 0:10:24.440 easier so that the process is not as cumbersome in 0:10:24.520 --> 0:10:27.280 trying to deliver something different and unique and diverse for 0:10:27.320 --> 0:10:29.080 San Francisco business may read. 0:10:29.160 --> 0:10:32.599 Until very recently, San Francisco was the only city in 0:10:32.679 --> 0:10:37.080 the world that had two robotaxi companies operating twenty four 0:10:37.120 --> 0:10:41.000 to seven and charging a fair for driverless rides. Cruise's 0:10:41.040 --> 0:10:45.320 permit was revoked. I appreciate that's the jurisdiction of the 0:10:45.400 --> 0:10:49.080 DMV and the CPUC, but if CRUs were able to 0:10:49.120 --> 0:10:52.880 demonstrate they fixed the issues that the regulators were concerned about, 0:10:53.160 --> 0:10:56.040 would you support their permit being reinstated. 0:10:56.360 --> 0:10:59.720 Well, we actually have three, including Zekes, which is a 0:10:59.720 --> 0:11:00.559 lot smaller, I. 0:11:00.559 --> 0:11:02.960 Know, and way charging fairs to the public. 0:11:03.080 --> 0:11:05.640 Yes, And so our hope is that you know, this 0:11:05.800 --> 0:11:09.760 is really about safety and security and transparency, and my 0:11:09.920 --> 0:11:13.560 hope is that crews can get things in order in 0:11:13.640 --> 0:11:15.679 order to be back on the streets of San Francisco. 0:11:16.240 --> 0:11:17.800 But they really are going to need to build the 0:11:17.840 --> 0:11:19.880 trust of the people here in the city. And I 0:11:19.960 --> 0:11:23.120 know that we don't directly make the decision, but we're 0:11:23.200 --> 0:11:26.280 still here to work with this technology because we are 0:11:26.360 --> 0:11:30.640 excited that autonomous vehicles are in San Francisco, are testing 0:11:30.640 --> 0:11:34.439 in San Francisco, are able to be a new transportation 0:11:34.600 --> 0:11:37.040 network as a part of San Francisco, but we have 0:11:37.200 --> 0:11:41.320 to ensure that it's a safe network of transportation as well. 0:11:41.960 --> 0:11:44.800 San Francisco Mayor London breed a big week for APEX 0:11:44.840 --> 0:11:45.559 twenty twenty three. 0:11:45.640 --> 0:11:47.840 Thank you so much, Thank you for your time. Back 0:11:47.880 --> 0:11:48.160 to you. 0:11:48.760 --> 0:11:51.680 And a big conversation with you, Ed. We thank you 0:11:51.720 --> 0:11:53.680 so much for me while coming up the world's most 0:11:53.760 --> 0:11:56.920 valuable chip maker. But it's upgrading as processor as rivals 0:11:56.960 --> 0:12:00.760 try to challenge its own AI dominance. All the details 0:12:00.800 --> 0:12:04.599 around and videos updated H two hundred Next this is 0:12:04.600 --> 0:12:17.079 Bloomberg Technology if the world's misvaluable ship firm in video 0:12:17.120 --> 0:12:20.040 and it's upgrading it's all important H one AI processor 0:12:20.240 --> 0:12:22.680 and an effort to maintain its dominance in the artificial 0:12:22.679 --> 0:12:23.520 intelligence field. 0:12:23.960 --> 0:12:26.560 New model guess what called H two hundred will. 0:12:26.400 --> 0:12:28.959 Get the ability to use kind of high bandwidth memory 0:12:29.080 --> 0:12:32.240 to better cope with the huge data sets needed for developing, 0:12:32.320 --> 0:12:34.920 for training, for implementing AI. Joining us now and the 0:12:34.920 --> 0:12:36.920 man behind the story Bloomberg's Ian King. 0:12:36.760 --> 0:12:39.120 And it feels as though the Darling of. 0:12:39.240 --> 0:12:42.079 AI isn't restling on its laurels. It's ces AMD. It 0:12:42.160 --> 0:12:44.360 sees Intel and it has to keep on innovating. 0:12:45.360 --> 0:12:46.679 No, that's exactly it. 0:12:46.800 --> 0:12:50.719 I mean we asked an executive over there exactly that question. Now, 0:12:50.800 --> 0:12:53.880 is this you covering up you know what the competition 0:12:53.920 --> 0:12:55.920 and bring to market soon? Then they were like, no, no, no, 0:12:56.040 --> 0:12:58.079 as soon as we can do something, we do it. 0:12:58.360 --> 0:13:01.040 We just move forward as quickly as we can on 0:13:01.120 --> 0:13:04.319 every front. And that's very much their stance, and that's 0:13:04.360 --> 0:13:05.720 what's kept them ahead so far. 0:13:06.559 --> 0:13:09.040 Remind us why they are so far ahead. 0:13:09.200 --> 0:13:11.880 Originally, of course, all about gaming, but they've just managed 0:13:11.880 --> 0:13:16.080 to offer to particularly well the cloud companies, something unique, 0:13:16.120 --> 0:13:17.199 the data center focus. 0:13:18.240 --> 0:13:21.480 I mean it's a mixture of right place, right time 0:13:21.559 --> 0:13:26.439 and seeing things coming ahead of time. Their technology fundamentally 0:13:26.520 --> 0:13:30.160 is very good at parallel computing. Parallel computing is the 0:13:30.200 --> 0:13:35.320 answer to training these artificial intelligence programs. You basically have 0:13:35.360 --> 0:13:37.760 to bombard them with lots of information, and the ability 0:13:37.800 --> 0:13:41.959 to do these small calculations in parallel is absolutely central 0:13:42.000 --> 0:13:44.160 to that. They put the software in place, they put 0:13:44.200 --> 0:13:47.800 the systems in place, and right now they're the only 0:13:47.880 --> 0:13:50.960 real game in town. Despite everybody else's attempts. 0:13:51.160 --> 0:13:51.840 I mean, it's funny. 0:13:51.840 --> 0:13:54.280 We had what Kai fu Lee talking to Bloomberg TV 0:13:54.480 --> 0:13:56.760 on the end of last week talking about how he'd 0:13:56.800 --> 0:13:59.040 stocked up in H one hundreds in a mask. 0:13:59.120 --> 0:14:00.040 I mean, unimit. 0:14:00.120 --> 0:14:03.160 Anyone really out they're trying to demonstrate their strength in 0:14:03.200 --> 0:14:05.040 AI by how much of a horde of H one 0:14:05.120 --> 0:14:07.400 hundreds they had? What about the supply chain of this 0:14:07.480 --> 0:14:09.560 see and how much we likely to see sort of 0:14:09.559 --> 0:14:10.800 the backlogs continue. 0:14:11.640 --> 0:14:14.640 I mean the company has said, you know that they 0:14:14.679 --> 0:14:18.800 are taking giant leaps forward in terms of availability of 0:14:18.880 --> 0:14:21.880 these chips, which which sounds great. But then if you 0:14:21.920 --> 0:14:24.080 go online and try to buy one, you see a 0:14:24.120 --> 0:14:28.600 list price of twenty eight grand and not currently available. 0:14:28.640 --> 0:14:30.160 Then you go and try to get one on the 0:14:30.160 --> 0:14:33.200 gray market and you see a price of forty thousand 0:14:33.240 --> 0:14:36.040 dollars and upwards. So that tells its own story. Clearly, 0:14:36.120 --> 0:14:39.320 these things are in extremely high demand. Clearly in Video 0:14:39.400 --> 0:14:42.240 is selling as many as they can possibly make, and 0:14:42.320 --> 0:14:45.680 until AMD, Intel and anybody else can be in the 0:14:45.680 --> 0:14:49.920 market with a arrival that can turn people's eyes in 0:14:49.960 --> 0:14:52.440 a different direction, it's likely to remain the case. 0:14:52.600 --> 0:14:54.800 I feel like, we need a whole other conversation about 0:14:54.840 --> 0:14:56.920 the gray market and how that is evolving. 0:14:57.000 --> 0:14:58.560 But in tell us a little bit. 0:14:58.440 --> 0:15:00.720 About Ultimately, we were sitting down M Kai fu Lee 0:15:00.760 --> 0:15:04.320 because there's this issue about sanctions on Chinese, on these 0:15:04.440 --> 0:15:06.480 US chips being shipped to China, and we know that 0:15:06.560 --> 0:15:08.920 in Vidia front and center has had to change the 0:15:09.000 --> 0:15:11.800 chips in which it can send. How much of an 0:15:11.840 --> 0:15:13.800 issue has that been. I mean, obviously H two hundreds 0:15:13.800 --> 0:15:14.640 aren't getting over there. 0:15:14.680 --> 0:15:17.280 I assume yeah, no, H one. 0:15:17.240 --> 0:15:20.680 Hundred didn't get over there either. You'll remember a while 0:15:20.760 --> 0:15:24.760 ago restrictions were imposed basically a year ago, restrictions were 0:15:24.800 --> 0:15:27.920 imposed by the US. The time that looked like it 0:15:27.960 --> 0:15:29.680 was going to be the end for these high level 0:15:29.720 --> 0:15:32.440 chips in China. What Nvidia did was read the rules 0:15:32.480 --> 0:15:35.080 really carefully and come up with something that was essentially 0:15:35.280 --> 0:15:39.040 a workaround. Chinese got their own versions of these chips, 0:15:39.080 --> 0:15:41.960 not as good, but still pretty good. New rules have 0:15:41.960 --> 0:15:45.160 come out which basically block blows off. So now we've 0:15:45.160 --> 0:15:48.240 seen reports about in Nvidia taking another step to come 0:15:48.280 --> 0:15:51.960 up with another version that would essentially circumvent these rules. 0:15:52.440 --> 0:15:56.000 In King always got the technicalities the movements at play 0:15:56.040 --> 0:15:58.000 as we looked towards the twenty first as well. They're 0:15:58.000 --> 0:16:09.360 all important numbers. We thank you so much time now 0:16:09.360 --> 0:16:12.040 for talking tech. First up, a big Swing animis for 0:16:12.160 --> 0:16:15.560 Disney's Marvel Universe, the newest film in the franchise. The 0:16:15.640 --> 0:16:18.360 Marvels managed to generate forty seven million dollars in US 0:16:18.360 --> 0:16:21.040 and Canadian theater ticket sales this weekend. Look, it's the 0:16:21.160 --> 0:16:24.280 lowest opening ever for an MCU film. Much of the 0:16:24.280 --> 0:16:26.680 blame is sort of being pointed at poor marketing due 0:16:26.720 --> 0:16:28.400 to the sag Aftra strikes. 0:16:28.200 --> 0:16:29.440 Finally ended last week. 0:16:29.760 --> 0:16:33.520 Meanwhile, Salesforce is naming Denise Dresser as the new CEO 0:16:33.640 --> 0:16:36.240 of Slack, and Dresser served as a president of Accelerated 0:16:36.280 --> 0:16:39.680 Industries over at Salesforce and was previously an executive vice. 0:16:39.480 --> 0:16:40.640 President for Enterprise Sales. 0:16:40.720 --> 0:16:43.800 Dresser takes the helm at Slack after the previous CEO, 0:16:44.000 --> 0:16:46.720 that's Lydianne Jones, announced she was leaving to go and 0:16:46.760 --> 0:16:47.280 take over. 0:16:47.120 --> 0:16:48.440 At Bumble plus. 0:16:48.440 --> 0:16:53.120 Google sewing five unidentified scammers that allegedly tricked users and 0:16:53.280 --> 0:16:56.320 installing malware on their devices. But the scammers use social 0:16:56.360 --> 0:16:59.480 media to encourage users to download a fake version of 0:16:59.480 --> 0:17:02.560 as ai Chat what barred this fake download later allowed 0:17:02.600 --> 0:17:06.280 scammers to access user social media accounts. Google is suing 0:17:06.400 --> 0:17:09.800 for breach contract and trademark infringement. Meanwhile, let's talk about 0:17:09.800 --> 0:17:11.600 Google and illegal context a little bit more. It is 0:17:11.640 --> 0:17:14.320 beefed up the quality of its search engine, but only 0:17:14.400 --> 0:17:16.919 after it was pressured by the European Union regulators. That's 0:17:16.960 --> 0:17:20.520 according to the internal documents via the USDOJ, claiming Google's 0:17:20.600 --> 0:17:24.520 failure to willingly make improvements prouse it's illegally maintaining its monopoly. 0:17:24.960 --> 0:17:27.120 This is while Alphabet CEO. 0:17:26.920 --> 0:17:30.919 Sonopitchai is about to testify tomorrow in a separate anti trust. 0:17:30.640 --> 0:17:32.240 Fight, this time with Epic Games. 0:17:32.560 --> 0:17:34.680 As always, there's a lot going on, and we're pleased 0:17:34.680 --> 0:17:37.200 to welcome Multinaek who joins us now for on all 0:17:37.200 --> 0:17:39.640 of this, and ultimately let's just talk about Epic Games 0:17:39.640 --> 0:17:42.480 for a moment, because it's not just alphabets Google that. 0:17:42.480 --> 0:17:43.879 They've had issued with the play Store. 0:17:43.920 --> 0:17:46.680 They take issue at many an app store, but tell 0:17:46.760 --> 0:17:49.399 us what they think that they'll get out of Sonopicchui tomorrow. 0:17:49.520 --> 0:17:55.919 Multi So Epic it's trying to prove that Google struck 0:17:56.040 --> 0:17:59.840 these secret deals with Activision and drag games and other 0:18:00.000 --> 0:18:03.159 competitors to stop them from building their own third party 0:18:03.160 --> 0:18:03.920 app stores. 0:18:04.400 --> 0:18:06.200 And I think they will question. 0:18:06.000 --> 0:18:08.880 Pitchai tomorrow and some of these agreements which they've already 0:18:08.960 --> 0:18:12.600 shown in court, and they'll also try to show that 0:18:13.080 --> 0:18:16.480 Google tried to strike these deals with OEMs to make 0:18:16.520 --> 0:18:20.640 sure that the Google Play App Store was prominently featured 0:18:20.720 --> 0:18:24.959 on Android phones. So that's what they're going to focus 0:18:25.000 --> 0:18:28.080 on tomorrow, and they're also going to quiz him on 0:18:28.119 --> 0:18:30.560 some of the business aspects and some. 0:18:30.520 --> 0:18:33.320 Of the policies related to the Google App Store. 0:18:33.640 --> 0:18:37.040 And Google's lawyers are going to then ask Pitchai to 0:18:37.119 --> 0:18:39.920 explain why some of these policies are justified. 0:18:40.000 --> 0:18:41.560 You know, Google has to strike. 0:18:41.359 --> 0:18:45.480 These deals to compete with big competitors like apps like 0:18:45.680 --> 0:18:49.560 the Apple App Store, as well as ensure that there's 0:18:49.600 --> 0:18:53.720 security and you know a lot of good features for 0:18:55.119 --> 0:18:58.440 developers as well as a safe platform for users. 0:18:59.200 --> 0:19:02.200 And there they try to vindicate the thirty percent cut 0:19:02.359 --> 0:19:05.920 that they and well other app stores take from these developers. 0:19:06.280 --> 0:19:08.560 I'm interested in the nuance of that of how much 0:19:08.880 --> 0:19:11.600 they think they will be able to land the idea 0:19:11.680 --> 0:19:16.280 that this isn't paying developers to you know, make okay 0:19:16.400 --> 0:19:18.720 with a thirty percent cut, but you're paying developers to 0:19:18.800 --> 0:19:22.040 come and build on the Google Play Store rather than 0:19:22.119 --> 0:19:24.119 just going to Apple iOS individually. 0:19:25.080 --> 0:19:27.639 Of course, they're definitely going to focus on you know, 0:19:27.640 --> 0:19:31.240 Google's lawyers already have begun arguing that, you know, the 0:19:31.280 --> 0:19:35.439 thirty percent cut is justified because we're giving developers a 0:19:35.480 --> 0:19:38.000 platform to reach some of the largest. 0:19:37.720 --> 0:19:39.800 Users mobile users in the world. 0:19:40.240 --> 0:19:42.960 So in terms of having this platform in the first 0:19:43.000 --> 0:19:46.360 place and providing all these features and programs for developers 0:19:46.680 --> 0:19:49.840 to build their businesses on their platform, you know, the 0:19:49.880 --> 0:19:53.480 thirty percent cuts justified for them to actually be able 0:19:53.480 --> 0:19:56.200 to invest in this platform, to keep it safe for users, 0:19:56.440 --> 0:19:59.240 to make sure that it's a good place for developers 0:19:59.520 --> 0:20:01.920 to come and bill businesses that can thrive. 0:20:03.240 --> 0:20:05.960 Just going back to the border context here, I'll say 0:20:05.760 --> 0:20:09.480 that how out of the ordinary is it for CEOs 0:20:09.600 --> 0:20:12.040 have to get up to be summoned in this way, 0:20:12.160 --> 0:20:13.600 to give evidence in this manner. 0:20:15.040 --> 0:20:17.240 So we've seen a lot of CEOs this year already. 0:20:17.280 --> 0:20:22.960 We've had Elon Musk who's been quite you know, they've 0:20:22.960 --> 0:20:25.760 been appearing quite quite often in some of these cases. 0:20:25.760 --> 0:20:28.720 So napitchit's actually going to be his second time in 0:20:28.800 --> 0:20:31.720 almost two and a half weeks, because just two weeks 0:20:31.720 --> 0:20:34.560 ago he was in DC testifying in the Google an 0:20:34.640 --> 0:20:38.520