Javier Milei scores Argentina economy win
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 18 December 2024
⏱️ 12 minutes
🧾️ Download transcript
Summary
Argentina emerged from a severe recession in the third quarter, Microsoft buys twice as many of Nvidia’s chips as any of its largest rivals, KPMG narrows the gap with the other Big Four firms, and Huawei sets sights on becoming a big supplier to the electric car industry. Plus, pub chains express frustration over shortages of Guinness in the run-up to Christmas.
Mentioned in this podcast:
Microsoft acquires twice as many Nvidia AI chips as tech rivals
Argentina’s economy exits recession in milestone for Javier Milei
KPMG outpaces Big Four rivals as audit and tax units shine
‘A different animal’: inside Huawei’s nascent EV business
Diageo ‘better get brewing’, says Wetherspoons head amid Guinness shortage
The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.
Read a transcript of this episode on FT.com
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Transcript
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| 0:00.0 | We're Equinor, an energy company searching for better. |
| 0:03.0 | Currently, we supply 27% of the UK's gas, 15% of its oil, |
| 0:07.7 | and we're playing our part in the UK's energy transition. |
| 0:11.0 | Our wind farms power 750,000 homes, |
| 0:14.0 | and we expect that to grow to over 7 million. |
| 0:16.5 | Last year, we invested 20% of our global growth spend in renewables |
| 0:20.1 | and lower carbon solutions. |
| 0:22.0 | We plan to increase that to 50% by 2030. |
| 0:25.4 | We're an energy company searching for better. |
| 0:28.4 | equinore.co.uk. |
| 0:33.3 | Good morning from the Financial Times. |
| 0:35.9 | Today is Wednesday, December 18th, and this is your FT News Briefing. |
| 0:40.8 | Microsoft is hoarding chips for artificial intelligence, and Argentina's president has scored a major economic win. |
| 0:49.0 | Plus, Huawei is trying to expand its reach into electric vehicles. |
| 0:54.1 | I'm Kasha Bussayan, and here's the |
| 0:56.0 | news you need to start your day. Microsoft bought a whole lot of Nvidia chips this year. |
| 1:13.1 | And by that, I mean nearly half a million of the company's current flagship product. |
| 1:18.4 | It's something called The Hopper. |
| 1:19.9 | And that's at least twice as many chips as any of Microsoft's competitors, like Meta, Amazon, or Google. |
| 1:27.3 | It's all a big deal because |
| 1:28.9 | NVIDIA's hopper is a hot commodity. Demand far outstripped supply, so hoarding it all |
| 1:35.2 | gives the tech giant an edge in building out the next generation of AI systems. |
... |
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