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Bloomberg Tech

Intel Vs. Nvidia and Paramount's Annual Meeting

Bloomberg Tech

Bloomberg

News, Business News, Tech News

4.470 Ratings

🗓️ 4 June 2024

⏱️ 45 minutes

🧾️ Download transcript

Summary

Bloomberg's Caroline Hyde and Ed Ludlow break down the competition for AI chip dominance heating up as Intel takes aim at Nvidia. Plus, Paramount's annual meeting kicks off, and Tesla shares drop on reports Elon Musk has redirected thousands of AI chips reserved for the EV maker to X instead.

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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, Wareyerhauser.

0:22.6

Get 40% off using promo code Radio 40

0:26.0

at Bloomberg Live.com slash Green Festival.

0:34.3

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 at Bloomberg's world headquarters in New York.

1:04.3

And I'm Ed Ludlow in San Francisco.

1:06.5

This is Bloomberg Technology.

1:08.3

Coming up, the competition for AI chip dominance.

1:11.8

It heats up as Intel takes Amen in

1:13.6

NVIDIA, details to come.

1:15.6

Plus we'll bring you the latest updates from Paramount's annual meeting

1:18.9

which kicked off this morning.

1:20.3

And Tesla shows they drop on reports that Elon Musk has shifted thousands of AI chips to X-AI

1:27.0

over the vehicle maker.

1:29.0

But first, let's check in on the broader market context.

1:32.1

And look, jobs market cooling, those jolts numbers,

1:35.0

really putting pressure on.

...

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