WEBVTT - The DOJ Goes After Google Chrome 0:00:02.400 --> 0:00:09.440 Bloomberg Audio Studios, podcasts, radio news. 0:00:08.400 --> 0:00:13.680 From Mahard where Innovation, money and power Collie in Silicon Valley, NBN. 0:00:14.000 --> 0:00:18.520 This is Bloomberg Technology with Caroline Hyde and Ed Ludlove. 0:00:32.200 --> 0:00:34.959 Live from New York. This is Bloomberg Technology. Coming up. 0:00:35.040 --> 0:00:37.760 Will Google be forced to sell off its Chrome browser? 0:00:38.040 --> 0:00:41.080 We discussed the latest in the historic Alphabet anti trust 0:00:41.080 --> 0:00:45.080 fight here in the United States, plus roadblocks enhances parental 0:00:45.159 --> 0:00:48.839 controls following criticism over child protection on its platform. We 0:00:48.880 --> 0:00:52.400 sit down with the company's chief safety officer and SpaceX 0:00:52.479 --> 0:00:55.800 ready for another starship launch with President elect Donald Trump 0:00:56.200 --> 0:00:57.040 set to attend. 0:00:57.560 --> 0:00:58.120 At first. 0:00:58.440 --> 0:01:02.600 We check in on these markets despite the geopolitical headwinds Russia, Ukraine. 0:01:02.640 --> 0:01:05.399 We push higher just about on tenth of a percent, 0:01:05.480 --> 0:01:07.600 let's call it on the Nazak, one hundred higher still 0:01:07.840 --> 0:01:09.880 on the Nasdaq. That's two straight days of gains when 0:01:09.880 --> 0:01:12.920 you're looking at big tech, and that more broadly is 0:01:12.959 --> 0:01:14.840 as we shake off what have been a big points 0:01:14.920 --> 0:01:17.319 drag on the day, which was Alphabet. Let's just go 0:01:17.360 --> 0:01:19.640 into the intricacies of what's happening with Google at the 0:01:19.640 --> 0:01:22.600 moment in terms of its price point, because we've started 0:01:22.600 --> 0:01:26.080 off the day trading lower, anxiety around the building, anti 0:01:26.120 --> 0:01:29.319 trust crescendo around this particular company, and then maybe we 0:01:29.400 --> 0:01:32.080 push into the green up four tenths of percent. Is 0:01:32.120 --> 0:01:34.240 there a slight relief rally that it's not being forced 0:01:34.240 --> 0:01:35.040 to sell off Android? 0:01:35.040 --> 0:01:37.720 We get into it now, were Bloomberg's Michael Shepherd in Washington, 0:01:37.760 --> 0:01:40.640 because it's an interesting stock market reaction here. 0:01:41.040 --> 0:01:43.679 Michael Many would say, Look, the clouds of anti trust 0:01:43.720 --> 0:01:47.040 concerns still sit on the valuation of Google, but get 0:01:47.080 --> 0:01:49.800 into what we are learning in terms of the DOJ 0:01:50.200 --> 0:01:53.200 looking to treat an anti trust issue from their perspective. 0:01:54.600 --> 0:01:58.000 Well, first credit to our colleagues Leonilan and Josh Cisco 0:01:58.120 --> 0:02:01.640 for breaking the news about what the Justice Department and 0:02:01.840 --> 0:02:06.560 state anti trust regulators are thinking about asking a judge 0:02:06.880 --> 0:02:10.720 in the way of remedies in this historic case. This 0:02:10.880 --> 0:02:14.560 dates to the August ruling in which judge here in 0:02:14.680 --> 0:02:19.720 Washington found that Google had illegally monopolized the search the 0:02:19.760 --> 0:02:23.919 market for search globally, and now they are looking for 0:02:24.000 --> 0:02:27.480 how to make this right for consumers and for website 0:02:27.520 --> 0:02:31.799 operators around around the world. The one step, of course, 0:02:31.919 --> 0:02:35.440 being considered is forcing them to sell off Chrome the browser, 0:02:35.560 --> 0:02:38.440 it's one of the world's most widely used browsers. But 0:02:38.560 --> 0:02:43.000 other measures being considered also include requiring the company to 0:02:43.160 --> 0:02:46.400 license its search results in data, and then also giving 0:02:46.520 --> 0:02:50.440 websites the option of opting out of having their content 0:02:50.680 --> 0:02:54.320 used to help Google build its artificial intelligence platforms. 0:02:54.880 --> 0:02:59.000 Once again, Google Alphabet, the power company of Google, speaks 0:02:59.040 --> 0:03:03.360 out saying thesis of radical steps being taken by the 0:03:03.480 --> 0:03:06.840 US government and sort of waiting down, putting their thumb 0:03:06.840 --> 0:03:09.880 on the scale is how Google has been articulating it. 0:03:09.919 --> 0:03:14.000 But more broadly, the intricacies around selling off data, about 0:03:14.040 --> 0:03:15.760 sharing data is a tough one. 0:03:15.960 --> 0:03:17.040 Many in the market. 0:03:16.800 --> 0:03:19.680 Say, look, a, this is going to take years to enforce. 0:03:19.760 --> 0:03:22.120 You're going to see an appeals process, but more broadly, 0:03:22.440 --> 0:03:25.560 you're also going to potentially see other remedies come into 0:03:25.720 --> 0:03:28.640 like that. Google could action first, perhaps April and August. 0:03:28.960 --> 0:03:31.280 What do we think Alphabet's own reaction will be. 0:03:33.280 --> 0:03:35.000 This will play out of for a long time, And 0:03:35.040 --> 0:03:37.880 I'm glad you've brought that up, Caroline. In terms of 0:03:37.920 --> 0:03:41.840 the clock here, the judges said a two week hearing 0:03:42.000 --> 0:03:45.240 in April to actually walk through some of the potential 0:03:45.280 --> 0:03:48.640 remedies that the DOJ and anti trust regulators at the 0:03:48.680 --> 0:03:51.840 state level are offering, and that will give the time 0:03:52.280 --> 0:03:54.960 that we'll give time to the company to think about, Okay, 0:03:55.240 --> 0:03:58.240 what could we offer perhaps as a settlement, what else 0:03:58.320 --> 0:04:01.400 can we do? What is is maybe a middle ground 0:04:01.480 --> 0:04:04.360 that could satisfy some of the concerns being or raised 0:04:04.360 --> 0:04:08.880 by government authorities. Likewise, the judge himself is not expected 0:04:08.920 --> 0:04:12.440 to rule until August twenty twenty five, that is almost 0:04:12.480 --> 0:04:15.280 a year from his original ruling, and then after that 0:04:15.360 --> 0:04:19.200 we'll go through an appeals process, and given the stakes 0:04:19.279 --> 0:04:23.280 for Alphabet in this case, they're likely to take this 0:04:23.440 --> 0:04:26.159 appeal all the way to the US Supreme Court eventually, 0:04:26.600 --> 0:04:27.080 because this. 0:04:27.080 --> 0:04:31.039 Would have a major business impact the way in which 0:04:31.120 --> 0:04:33.760 they can see who I am when I use Chrome, 0:04:33.839 --> 0:04:35.680 which has I think about sixty percent of the market 0:04:35.760 --> 0:04:38.400 from a browser perspective, and then go across to use 0:04:38.480 --> 0:04:40.880 the search function within it that's about ninety percent of 0:04:40.920 --> 0:04:43.160 the market and all the data they're in and they 0:04:43.160 --> 0:04:44.920 can target me better with ads. This will be a 0:04:44.960 --> 0:04:48.880 big business model change, and ultimately many out there are wondering. 0:04:48.560 --> 0:04:50.960 Who on earth would even buy Chrome if it was forced? 0:04:52.240 --> 0:04:54.320 Well, it's a great question. Again, and who would buy 0:04:54.400 --> 0:04:59.400 Chrome because the price for it would preclude many from 0:04:59.440 --> 0:05:02.120 even to pick it up, and a few buyers out 0:05:02.120 --> 0:05:05.080 there with the resources to pull it off, perhaps Amazon 0:05:05.160 --> 0:05:09.200 dot Com Inc. Or even Open Ai. An attempt by 0:05:09.200 --> 0:05:12.960 them to purchase this could also raise separate antitrust questions 0:05:13.320 --> 0:05:16.960 that the government may be eager to avoid. Likewise, as 0:05:17.000 --> 0:05:20.400 you pointed out, this is central to Alphabet's business. They 0:05:20.680 --> 0:05:23.480 use that user data, as you pointed out, to target 0:05:23.520 --> 0:05:27.440 advertising and promotions better, and they're also using it, as 0:05:27.480 --> 0:05:30.239 I mentioned before, to try to craft a better version 0:05:30.240 --> 0:05:34.520 of this Gemini AI platform that they're developing, and we 0:05:34.600 --> 0:05:37.400 saw it in their most recent results. They really pointed 0:05:37.480 --> 0:05:40.920 to search as something that is driving this bet on AI, 0:05:41.400 --> 0:05:43.480 and they really would like to keep this going if 0:05:43.480 --> 0:05:44.039 they can. 0:05:44.200 --> 0:05:47.120 AI overviews all anyone sees now when they're typing in 0:05:47.120 --> 0:05:47.480 for search. 0:05:47.520 --> 0:05:48.520 Michael Shepherd, we. 0:05:48.480 --> 0:05:51.599 So appreciate the breakdown from Washington for broader tech market 0:05:51.600 --> 0:05:55.520 prospective and indeed, well what the legal realities are here. 0:05:55.640 --> 0:05:58.839 Sarah Lamb is a senior fellow at the Tech Institute, 0:05:58.920 --> 0:06:02.400 and Sarah just put your thumb on the scales here. 0:06:02.520 --> 0:06:05.679 As Google is pushing back on the government for so doing. 0:06:06.160 --> 0:06:08.520 Do you think this has any chance of getting through 0:06:08.560 --> 0:06:09.800 that something is seismic? 0:06:09.960 --> 0:06:11.760 Is Chrome being sold off would happen? 0:06:13.400 --> 0:06:18.440 I think personally it's unlikely. It was unchallenged conduct in 0:06:18.600 --> 0:06:21.520 the decision. So if you go back and read the 0:06:21.560 --> 0:06:24.960 two hundred and eighty six page decision from August fifth. 0:06:25.240 --> 0:06:28.240 There is good for us because we know how to talk. 0:06:29.720 --> 0:06:34.040 Yeah, there's discussion about the contracts and the pre loading 0:06:34.160 --> 0:06:37.320 of the Google Suite, and a little bit on the 0:06:37.440 --> 0:06:43.159 Chrome browser. But unchallenged conduct was the search bar in 0:06:43.279 --> 0:06:47.840 the Chrome window, and so that wasn't challenged at trial, 0:06:48.080 --> 0:06:51.160 and so you know, there would have to be fact 0:06:51.240 --> 0:06:54.600 finding and a discussion of the browser market. In the 0:06:54.640 --> 0:07:00.000 April hearing, like the prior speaker said, August twenty two, 0:07:00.000 --> 0:07:03.000 twenty five, is when a decision will come out on remedies. 0:07:03.720 --> 0:07:07.359 And also of note, Google has an opportunity to submit 0:07:07.480 --> 0:07:11.680 their proposed remedies December twentieth, So it really is an 0:07:11.760 --> 0:07:16.600 ongoing process. The last two big cases, Microsoft and AT 0:07:16.680 --> 0:07:19.720 and T took nearly a decade to resolve. 0:07:19.880 --> 0:07:24.880 And Microsoft appealed successfully at and T less. So, Sarah, 0:07:25.400 --> 0:07:28.920 do you therefore think some other changes could be made 0:07:29.000 --> 0:07:33.120 to fight the idea that Google is monopoly or monopolistic 0:07:33.640 --> 0:07:36.200 in search. What could Google enact here itself. 0:07:38.240 --> 0:07:41.880 Well, I think at issue are the contracts, so the 0:07:41.920 --> 0:07:47.760 way they contract with Samsung or the other OEM providers, 0:07:48.160 --> 0:07:52.760 that could change. But even so, there's so much dynamism 0:07:52.840 --> 0:07:56.560 in the market. Samsung uploads its own s browser and 0:07:56.640 --> 0:08:01.560 I read that in the decision. Other Android platforms they 0:08:01.640 --> 0:08:05.200 have their own browsers, and so I think right now 0:08:05.240 --> 0:08:11.000 the market is so dynamic too with AI search windows 0:08:11.120 --> 0:08:16.360 that you know, the way Google responds will have to 0:08:17.320 --> 0:08:19.560 reflect what's happening in the AI market. 0:08:20.080 --> 0:08:24.080 Let's just talk about AI and the data that maybe 0:08:24.120 --> 0:08:27.160 they'd be forced to license in some way. Would that 0:08:27.200 --> 0:08:30.400 be positive or negative for the rest of the market, not. 0:08:30.280 --> 0:08:34.680 Just Google, right, I think operationally that would be very 0:08:34.720 --> 0:08:37.960 difficult to work through, so that would also be a 0:08:38.040 --> 0:08:43.079 year's long process. I don't know how great lawyers are 0:08:43.200 --> 0:08:47.160 at product design. So to the extent that I mean, 0:08:47.480 --> 0:08:50.800 there is some talk that there might have frand f 0:08:50.960 --> 0:08:55.119 r A and D licensing terms in the proposed remedies, 0:08:55.160 --> 0:08:59.280 and that is something that is familiar in the intellectual 0:08:59.360 --> 0:09:04.080 property and standards development world. But to the level of 0:09:04.280 --> 0:09:08.640 data sharing and you know, opening that pipeline of AI 0:09:09.160 --> 0:09:12.760 data that would be a very new type of remedy 0:09:13.160 --> 0:09:13.559 that we. 0:09:13.520 --> 0:09:15.160 Can see from the share price that the market isn't 0:09:15.160 --> 0:09:17.320 freaking out about this, but there does seem to be 0:09:17.320 --> 0:09:19.920 a cloud over Google for the next few years, maybe 0:09:19.920 --> 0:09:22.880 even decade. As you were saying, Sarah, what about an 0:09:22.920 --> 0:09:26.480 administration change in twenty twenty five, does that bear any 0:09:26.720 --> 0:09:27.360 thought for you? 0:09:28.640 --> 0:09:28.880 Yes. 0:09:28.960 --> 0:09:32.880 What's interesting though, is the first Trump administration brought the suit, 0:09:33.360 --> 0:09:37.439 so you have that, although Assistant ag make and del 0:09:37.520 --> 0:09:43.040 Rahim recused himself, so this case has a long history. 0:09:43.080 --> 0:09:46.440 So far, you hear kind of murmurs about the next 0:09:46.480 --> 0:09:50.480 administration wanting to continue activity. 0:09:50.559 --> 0:09:51.559 But at the. 0:09:51.520 --> 0:09:55.120 Same time, you know, they seem to be more pro 0:09:56.520 --> 0:10:02.560 innovation and technology. So we'll see what whoever is Attorney 0:10:02.559 --> 0:10:06.240 General and then assistant Attorney General, at least inside the Beltway. 0:10:06.360 --> 0:10:08.679 We're all kind of guessing who it could be, but 0:10:08.840 --> 0:10:09.480 who knows. 0:10:09.760 --> 0:10:13.360 Yeah, Sarah Alam, Senior Fellow at Tech Institute. We appreciate 0:10:13.360 --> 0:10:17.000 the time and analysis. Meanwhile, well, talking of regulatory landscape 0:10:17.040 --> 0:10:21.200 in the UK, Google's partnership with Aifomanthropic has actually avoided 0:10:21.240 --> 0:10:24.480 further scrutiny after the UK Antitrust watchdog concluded it doesn't 0:10:24.559 --> 0:10:27.360 qualify for a full blown investigation under merger rules. The 0:10:27.360 --> 0:10:31.400 CMA found that Google has not gained quote material influence 0:10:31.480 --> 0:10:33.840 of Anthropic as a result of the deal, which included 0:10:33.880 --> 0:10:37.559 a two billion dollar investment and a cloud agreement coming 0:10:37.640 --> 0:10:40.560 up scaling safe AI governance. We're going to be joined 0:10:40.559 --> 0:10:43.679 by Cudo AI CEO sa Rena Singh on a new 0:10:43.720 --> 0:10:55.720 partnership with Microsoft. This simply meg technology. Microsoft wants to 0:10:55.720 --> 0:10:58.720 make it easier to switch between large language models with 0:10:58.840 --> 0:11:02.000 its new tool as You AI Foundry, which can help 0:11:02.040 --> 0:11:05.000 cloud customers build and deploy AI applications, and the company 0:11:05.040 --> 0:11:07.520 is giving away the software in the hopes of persuading 0:11:07.520 --> 0:11:08.719 corporate customers to. 0:11:08.640 --> 0:11:10.160 Buy more of its cloud services. 0:11:10.320 --> 0:11:13.800 Greenberg's Diena Bas has more on what is being unveiled 0:11:13.840 --> 0:11:17.520 at the annual event in Chicago Ignite Dina and really 0:11:17.960 --> 0:11:20.760 the underlying process here is what what is the blocker here? 0:11:20.760 --> 0:11:23.240 People don't feel they can flip from one great model 0:11:23.240 --> 0:11:23.640 to another. 0:11:24.880 --> 0:11:27.520 The whole product is meant to help make it easier 0:11:27.559 --> 0:11:30.679 to get your models programmed up, running, deployed, but one 0:11:30.720 --> 0:11:33.240 of the biggest blockers is that, you know, we're seeing 0:11:33.280 --> 0:11:36.160 this constant drumbeat of new models coming out, whether it's 0:11:36.200 --> 0:11:39.559 open AI updating their models, and you know, one of 0:11:39.600 --> 0:11:41.600 them is good for better for reasoning, one of them 0:11:41.640 --> 0:11:44.760 is better for answering questions that are more conversational. And 0:11:44.800 --> 0:11:48.480 then there are you know, numerous competitors of Microsoft has, 0:11:48.559 --> 0:11:51.400 you know, seventeen hundred and eighteen hundred different models that 0:11:51.400 --> 0:11:55.400 are available through this Azure service. And so the issue 0:11:55.440 --> 0:11:56.840 is how do you figure out which is the right 0:11:56.880 --> 0:11:59.520 one and how do you switch if there's an update 0:11:59.679 --> 0:12:02.160 or or you want to try something different. So this 0:12:02.480 --> 0:12:05.120 foundry software basically has a bunch of different tools that 0:12:05.160 --> 0:12:07.680 allow you to experiment with different models, see which one 0:12:07.720 --> 0:12:12.160 works better, switch more easily track what's working and what isn't. So, 0:12:12.240 --> 0:12:14.400 for example, if you want to put your own corporate 0:12:14.480 --> 0:12:17.440 data into someone else's model in order to find tune it, 0:12:17.640 --> 0:12:19.320 and you want to know is that data really making 0:12:19.360 --> 0:12:21.439 a difference, Is it making the answers better or worse? 0:12:21.720 --> 0:12:23.840 Things like that are really hard to test right now, 0:12:23.920 --> 0:12:26.480 and it's imperative for Microsoft to make this easier in 0:12:26.600 --> 0:12:29.600 order to convince people to spend more money on Azure 0:12:29.640 --> 0:12:34.240 Services to build and deploy these AI applications. 0:12:33.559 --> 0:12:35.320 And they want people to spend more money because they're 0:12:35.320 --> 0:12:37.679 having to spend a lot of money invest certainly on 0:12:37.800 --> 0:12:40.720 chips for example, they're building their own. They're also showing 0:12:40.720 --> 0:12:43.360 off how in videos new aichips are going to be 0:12:43.360 --> 0:12:44.280 working within the systems. 0:12:44.320 --> 0:12:46.280 Can you talk us through their own offering? 0:12:47.320 --> 0:12:47.640 Sure? 0:12:47.720 --> 0:12:47.800 So. 0:12:47.920 --> 0:12:50.040 A year ago at the same conference, they announced their 0:12:50.080 --> 0:12:52.240 first AI chip, and today they've said that it is 0:12:52.320 --> 0:12:56.320 now handling customer workloads in the Azure Open AI service. 0:12:56.360 --> 0:12:58.520 They also announced two new chips today and one of 0:12:58.520 --> 0:13:00.680 them is for security. It's going to go in Microsoft's 0:13:00.720 --> 0:13:03.520 own data center servers to better secure them. And one 0:13:03.520 --> 0:13:06.200 of them is a data process and unit, which is 0:13:06.280 --> 0:13:08.599 basically a networking chip that takes a bunch of the 0:13:08.920 --> 0:13:11.800 data crunching off of the other chips in order to 0:13:11.800 --> 0:13:15.160 make things faster. So they are now increasingly getting into 0:13:15.200 --> 0:13:17.880 a position that Amazon has been Amazon Web Services has 0:13:17.880 --> 0:13:20.080 been in for a while of really coming up with 0:13:20.120 --> 0:13:22.520 a bunch of their own chips for different types of 0:13:22.559 --> 0:13:26.440 tasks and you know, things inside the data center in 0:13:26.600 --> 0:13:28.920 order to make sure that Microsoft can do a much 0:13:28.920 --> 0:13:34.400 better job of training AI, you know, inferencing, serving applications, 0:13:34.559 --> 0:13:36.440 and a bunch of other things that you would use 0:13:36.480 --> 0:13:40.319 Microsoft Cloud for. They obviously still work very closely within Vidia. 0:13:40.360 --> 0:13:42.520 It's going to take a very long time, if ever, 0:13:42.720 --> 0:13:44.720 for as you're to be able to replace in VideA 0:13:45.160 --> 0:13:47.880 in its data center, even if they're putting some of 0:13:47.920 --> 0:13:51.560 the AI traffic onto this Azumaya AI chip. But at 0:13:51.600 --> 0:13:53.760 the same time they you know, I spoke to Ronnie 0:13:53.760 --> 0:13:56.640 Borcard their kind of chip design and development, and you know, 0:13:56.720 --> 0:13:59.439 she made the point that everything needs to be optimized 0:13:59.440 --> 0:14:01.560 at every leg in order to get the best possible 0:14:01.600 --> 0:14:03.959 performance because models are growing so rapidly. 0:14:04.880 --> 0:14:08.320 Dana bas aholl things Microsoftware, thank you for more on 0:14:08.320 --> 0:14:11.439 what's coming out of Microsoft and AI. We have CREDOAI 0:14:11.480 --> 0:14:14.079 announcing they are partnering with the tech Gient to power 0:14:14.520 --> 0:14:18.560 ENDAI governance for enterprise applications, which will help companies basically 0:14:18.559 --> 0:14:21.800 safely adopt these cutting JI solutions, but also ensuring that 0:14:21.920 --> 0:14:25.200 compliance is there with global regulations. Navrina sing joins our 0:14:25.240 --> 0:14:28.680 CEO of CREDOAI and how much of a blocker is 0:14:29.200 --> 0:14:30.960 the cloud around governance of AI? 0:14:32.920 --> 0:14:35.640 Caroline, great to be here today, you know, one of 0:14:35.640 --> 0:14:37.200 the things that we have found that there is a 0:14:37.240 --> 0:14:41.880 massive gap between innovative AI solutions and actually practical business applications, 0:14:42.280 --> 0:14:45.400 and the only way to accelerate that gap and bring 0:14:45.440 --> 0:14:48.720 AI innovations to it is through AI governance. So this 0:14:48.800 --> 0:14:51.960 is where we are very excited to announce our partnership 0:14:51.960 --> 0:14:56.640 today with Microsoft, Azure AI Foundry and Preto AI, as 0:14:56.640 --> 0:14:58.960 you know, is the leading provided a writer of. 0:14:58.920 --> 0:15:00.239 AI governance solutions. 0:15:00.560 --> 0:15:02.760 So I do want to just emphasize the three things 0:15:02.800 --> 0:15:05.480 that this partnership is going to bring to life. One 0:15:05.600 --> 0:15:09.320 is end to end governance of Azure AI apps, including 0:15:09.400 --> 0:15:13.120 generative AI and multimodal systems as well as RAG based 0:15:13.240 --> 0:15:18.120 use cases. Secondly, is this comprehensive unified control that Dina 0:15:18.160 --> 0:15:22.000 was just talking about, which is needed for both THEI developers. 0:15:21.440 --> 0:15:22.640 And governance leaders. 0:15:23.040 --> 0:15:26.520 And lastly, the support for governing especially these cutting edge 0:15:26.520 --> 0:15:30.200 systems that are really getting brought to life each and 0:15:30.240 --> 0:15:33.960 every day like GPT four, GPT four H and smallify models. 0:15:34.200 --> 0:15:37.040 So PREDAI is excited to partner with Microsoft to bring 0:15:37.240 --> 0:15:41.560 all these capabilities at scale through an independent governance layer. 0:15:42.320 --> 0:15:44.800 Just talk us through that governance layer, what is the 0:15:44.840 --> 0:15:49.080 technology that enables you to be monitoring consistently to ensuring 0:15:49.280 --> 0:15:51.600 that these models are doing what they say they're doing 0:15:51.640 --> 0:15:56.000 and doing them well with fair use case and ultimately 0:15:56.080 --> 0:15:56.600 no bias. 0:15:56.640 --> 0:15:57.200 For example. 0:15:58.640 --> 0:16:01.920 Yeah, absolutely so, Caroline. One of the core things that 0:16:01.960 --> 0:16:06.440 we are finding with accelerating AI transformation and innovation is 0:16:06.760 --> 0:16:10.240 something called this AI alignment. How do you actually ensure 0:16:10.280 --> 0:16:14.400 that you're measuring the help of these AI systems against 0:16:14.440 --> 0:16:18.560 the policies, the principles, the regulations, AI standards that you 0:16:18.640 --> 0:16:21.080 as a company deeply care about. So this is where 0:16:21.120 --> 0:16:25.560 CREATOAI is pioneering solution in policy intelligence makes that really 0:16:25.640 --> 0:16:29.120 easy for your business experts as well as your AI 0:16:29.160 --> 0:16:32.200 experts to align on what that good looks like. 0:16:32.600 --> 0:16:34.280 And once you've aligned on what that good. 0:16:34.320 --> 0:16:38.040 Like looks like, really measuring your AI systems, your models, 0:16:38.040 --> 0:16:42.760 your data sets against those requirements and then lastly really 0:16:42.800 --> 0:16:46.960 putting that out in a continuous monitoring, risk management, and 0:16:47.000 --> 0:16:49.640 compliance engine so that you can make sure that you're 0:16:49.680 --> 0:16:53.200 always in alignment alignment. And as you can imagine, Caroline, 0:16:53.200 --> 0:16:57.920 this becomes really critical with the AI agents energenic systems 0:16:58.280 --> 0:17:01.040 that have started to take a lot of excitement in 0:17:01.120 --> 0:17:02.280 business organizations. 0:17:02.440 --> 0:17:05.760 Microsoft talking a lot about AI agents today in Avrena like. 0:17:06.040 --> 0:17:09.080 The real world impact is that we hear that people 0:17:09.080 --> 0:17:12.760 are actually kind of plateauing in their own use employees 0:17:13.000 --> 0:17:17.200 use of agents AI general to AI in the workplace 0:17:17.280 --> 0:17:19.639 largely because they're worried that they could be deemed lazy 0:17:19.760 --> 0:17:22.240 or they don't really understand what the guardrails are from 0:17:22.520 --> 0:17:25.080 those that are above them. Is management on top of this, 0:17:27.720 --> 0:17:28.000 you know. 0:17:28.000 --> 0:17:30.639 The reason for the AI platu is because most of 0:17:30.680 --> 0:17:33.879 the organizations, more than seventy percent of them, don't have 0:17:33.920 --> 0:17:36.960 guardrails in place. And this is where predo AI like 0:17:37.040 --> 0:17:41.479 solutions become really critical, because we are converting you know, 0:17:41.600 --> 0:17:45.119 governance from a safety ness to really being a launch 0:17:45.160 --> 0:17:47.919 pad from a four AI innovations. So what we are 0:17:47.960 --> 0:17:50.240 finding in the companies that we work with, whether it 0:17:50.320 --> 0:17:55.200 is MasterCard, Regender and you know Booz Allen and others, 0:17:55.720 --> 0:18:00.960 is that when you have the clearly defined guardrails, employees 0:18:01.000 --> 0:18:03.320 actually are much more excited to use these. 0:18:03.200 --> 0:18:04.400 Technologies at scale. 0:18:04.520 --> 0:18:06.560 So with governance, what we are going to see is 0:18:06.880 --> 0:18:10.360 much more excited as well as rampant use of artificial 0:18:10.359 --> 0:18:13.040 intelligence and AI transformation within organizations. 0:18:13.160 --> 0:18:16.520 Do you think any of that regulatory outlook, governance, desires, 0:18:16.560 --> 0:18:18.720 and desires is going to change out of the next 0:18:18.720 --> 0:18:19.919 administration in the US. 0:18:22.640 --> 0:18:25.119 You know, one of the exciting things is that AI 0:18:25.160 --> 0:18:29.119 is actually central and core to the strategy irrespective of 0:18:29.160 --> 0:18:32.119 the administration. We are ready to actually engage with the 0:18:32.160 --> 0:18:36.800 new administration who is really looking at AI innovation much 0:18:36.800 --> 0:18:37.600 more holistically. 0:18:37.960 --> 0:18:38.720 So more to. 0:18:38.880 --> 0:18:41.040 Come on that, but right now, I think there's a 0:18:41.119 --> 0:18:43.879 lot of excitement on how do you actually use AI 0:18:43.920 --> 0:18:47.320 for transforming government as well as AI for making sure 0:18:47.600 --> 0:18:51.840 United States competitiveness in the world continues to stay at forefront. 0:18:52.359 --> 0:18:56.159 A finnessing, creative AI CEO on new partnership with Microsoftware. 0:18:56.200 --> 0:18:57.479 Appreciate you joining. Thank you. 0:19:05.080 --> 0:19:07.800 Let's check in on the shares of super Micro jumping 0:19:07.920 --> 0:19:10.760 after the company hired a new auditor filed a plan 0:19:10.880 --> 0:19:14.160 to come into compliance with the NASDAT listing requirements. Bloomberg's 0:19:14.200 --> 0:19:16.480 Brody Ford joins us small We're up thirty three percent, 0:19:16.520 --> 0:19:17.440 but we are still. 0:19:17.240 --> 0:19:19.160 Way off of our hives. 0:19:19.000 --> 0:19:21.639 From when the market cap was spiraling higher because of 0:19:21.680 --> 0:19:25.680 general to AI. Brody talk US through Hybdo for example, 0:19:25.840 --> 0:19:28.240 is now willing to work with super Micro computer. 0:19:29.040 --> 0:19:32.600 Yeah, it's quite a dramatic episode. Backing up a little bit, 0:19:32.720 --> 0:19:37.000 super Micro missed a deadline to file financials back in August. 0:19:38.040 --> 0:19:41.240 Then their auditor ey resign saying we're not willing to 0:19:41.240 --> 0:19:44.840 be associated with these numbers. This is scary stuff. You 0:19:44.880 --> 0:19:47.080 don't see this too often, and so it was up 0:19:47.160 --> 0:19:49.719 to the wire here. Super Micro had to find a 0:19:49.760 --> 0:19:53.159 new auditor to get them in line with NASDAC rules 0:19:53.200 --> 0:19:57.080 to avoid delisting, and on the very last day, yesterday evening, 0:19:57.560 --> 0:20:01.639 they found BDO. It was a fairly major auditor. But 0:20:01.680 --> 0:20:04.280 it's worth noting they are not one of the Big four. 0:20:04.480 --> 0:20:06.879 They're the Big fifth or sixth, depending on who you 0:20:06.960 --> 0:20:09.439 listen to. But what matters is they are an auditor 0:20:09.960 --> 0:20:12.240 and they're willing to, you know, try to help super 0:20:12.280 --> 0:20:14.920 Micro get back into compliance, which buys them a couple 0:20:14.960 --> 0:20:18.440 more months before you know, another deadline. 0:20:18.960 --> 0:20:22.000 February is likely when the document deadline is going to 0:20:22.040 --> 0:20:24.720 be pushed to for this ten K filing. The risk 0:20:24.800 --> 0:20:27.639 here is when they're ousted out of the Nasdaq and 0:20:27.640 --> 0:20:29.879 therefore liquidity is going to be far more difficult. 0:20:29.880 --> 0:20:31.600 People will be forced to sell their holdings. 0:20:31.640 --> 0:20:35.359 Right yeah, February, three months from now and the news 0:20:35.400 --> 0:20:38.280 business sounds like forever and the accounting world it is, 0:20:38.920 --> 0:20:41.919 you know, very short, because they essentially have to go 0:20:42.040 --> 0:20:45.040 back through all of their financials and figure out there 0:20:45.160 --> 0:20:48.119 was some issue. Maybe it was around just processes. Maybe 0:20:48.200 --> 0:20:51.440 no restatement is needed. Even in that best case scenario, 0:20:51.560 --> 0:20:55.400 it's quite tight. Right. Let's say that they were delisted. 0:20:55.720 --> 0:20:59.480 What would happen is a significant amount of their shareholders 0:20:59.520 --> 0:21:03.359 would are passive, meaning it would be automatic selling. And 0:21:03.440 --> 0:21:05.480 it's possible that they would have to repay some of 0:21:05.480 --> 0:21:09.080 their bonds early. That's you know, about one point seven 0:21:09.160 --> 0:21:12.040 billion or so. Essentially. Super Micro is going to do 0:21:12.119 --> 0:21:15.560 everything within its power to avoid that scenario, and its 0:21:15.600 --> 0:21:18.679 odds just got a whole lot better after yesterday's news. 0:21:18.880 --> 0:21:22.080 Mean, while its still faces a DOJ probe, we understand, lady, 0:21:22.119 --> 0:21:23.680 for all across this company. 0:21:24.080 --> 0:21:34.600 Thanks, thank you. Welcome back to Bluemote Technology. I'm Caroin 0:21:34.640 --> 0:21:35.280 Hyde in New York. 0:21:35.280 --> 0:21:37.640 It's time now for talking tech and first up shares. 0:21:37.680 --> 0:21:40.840 A delivery Heroes Middle East unit tell About sold out 0:21:40.920 --> 0:21:44.600 min minutes after its subscriptions opened. The IPO value tell 0:21:44.600 --> 0:21:47.119 About and up to ten point two billion dollars in 0:21:47.160 --> 0:21:49.280 the final price of Talabas offer will be announced on 0:21:49.280 --> 0:21:51.879 November the twenty ninth, with shares set to start trading 0:21:51.920 --> 0:21:55.159 on December the tenth plus. Apple is offering Indonesia one 0:21:55.240 --> 0:21:57.800 hundred million dollars in investment as the company hopes to 0:21:57.800 --> 0:22:00.359 persuade the government in lifting a sales band on its 0:22:00.400 --> 0:22:03.600