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Bloomberg Technology

Bitcoin Hits Record High, Update on Huawei's Chip Breakthrough, Racial Bias in ChatGPT

Bloomberg Technology

Bloomberg

Tech News, Business News, Business, News

4.549 Ratings

🗓️ 8 March 2024

⏱️ 42 minutes

🧾️ Download transcript

Summary

Bloomberg's Caroline Hyde and Ed Ludlow discuss Bitcoin's surge to $70,000. Plus, they break down exclusive Bloomberg reporting that Huawei's chip breakthrough used technology from two US gear suppliers. And, they discuss Bloomberg findings on racial bias in ChatGPT.

See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

Join Stacey Abrams, Leib Shriver, Gina McCarthy, and more of the planet's environmental

0:06.2

leaders and problem solvers for the Bloomberg Green Festival in Seattle, July 10th to the 13th.

0:12.8

Title sponsor Amazon, Official Airline, Alaska Airlines.

0:17.6

Supporting sponsor, Providence.

0:19.9

Contributing sponsor, Warehouser.

0:22.6

Get 40% off using promo code Radio 40

0:26.0

at Bloomberg Live.com slash Green Festival.

0:35.0

Bloomberg Audio Studios. Podcasts, Radio News.

0:37.0

From the heart of where innovation, money and power collie in Silicon Valley and beyond.

0:44.0

This is Bloomberg Technology with Caroline Hyde and Ed Ludlow. I'm Caroline Hyde at Bloomberg's world headquarters in New York.

1:04.3

I'm Eddudlow in San Francisco, this is Bluebegg technology.

1:07.8

Coming up full market coverage ahead. Stocks, crypto pushed a record highs. We'll discuss Bitcoin at 70,000 and the outlook

1:15.1

for the AI rally as NVIDIA adds a trillion dollars to its market cap this year

1:20.0

alone. Plus we'll bring you exclusive reporting on Huawei's chip breakthrough, which used technology

1:27.2

from two US suppliers.

1:29.0

Details ahead.

1:29.9

And Microsoft says it's seeing signs Hacker Group Midnight Blizzard has been attempting to gain access to its systems.

1:36.3

Bloomberg exclusive, Huawei and its partner Smick relied on US technology

1:41.9

to produce an advanced chip in China last year according to sources.

1:46.4

The previously unreported information suggests that China still cannot rely entirely on its domestic supply chain and needs foreign components

1:55.1

and equipment that's required for cutting-edge products like

1:58.4

Semiconductor. The reporter that broke that news, Bloomberg's,

...

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