AI’s Strange Bedfellows & Divisions in DC 07/10/24

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 10 July 2024

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

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Summary

In the AI arms race, some tech giants are teaming up: OpenAI is training on servers that Microsoft rents from Oracle, but Elon Musk is going at it alone. Founder and editor-in-chief of The Information Jessica Lessin explains the strange bedfellows in AI. CNBC’s Emily Wilkins reports on the latest fault lines in the Democratic Party, and Politico’s Politics Bureau Chief Jonathan Martin discusses the many variables deciding President Biden’s next step in the 2024 race. Plus, Amazon is out with its latest processor, venture capital firm Andreessen Horowitz is angling for more AI deals, and CNBC’s Sharon Epperson explains how retirement planning differs between Gen X, millennials, and Gen Z. Jonathan Martin - 22:16 Jessica Lessin - 30:47 In this episode: Jonathan Martin, @jmart Jessica Lessin, @Jessicalessin Emily Wilkins, @emrwilkins Melissa Lee, @MelissaLeeCNBC Joe Kernen, @JoeSquawk Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music please.
0:03.0	Hi, I'm C. NBC producer Katie Kramer, today on Squawk Pot.
0:09.0	The messy debate in the Democratic Party of 2024.
0:13.0	While some are rallying around a resolute President Biden,
0:16.2	others aren't.
0:17.5	Politicos Jonathan Martin joins us from Washington.
0:20.1	They didn't want to countenance the idea
0:22.1	of a messy Democratic primary this year.
0:24.8	It was just easier to salute and say, I'm for the incumbent, I'm for Biden.
0:29.7	And technology players are striking AI alliances.
0:33.8	The information's founder, Jessica Lesson,
0:36.0	maps out our big tech future.
0:38.1	What we're really seeing here is a very, very expensive land grab
0:42.1	over what we're now calling supercomputers and I think it has a lot of
0:45.4	implications for really the business models and cost structures of these companies going forward.
0:50.3	Plus it's all about that chip.
0:53.0	Amazon out with its newest processor, venture capital giant Andresen Horowitz stocking up on
0:58.1	super fast chips, and here's something different, which generations are ready for retirement.
1:04.2	We don't need to talk about what any of us are, I don't think.
1:07.2	We're timeless.
1:08.0	We're all timeless.
1:09.4	It's Wednesday, July 10, 2024.
	...

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