Microsoft's AI-Powered Bing and Arm's Revenue Increase
Bloomberg Tech
Bloomberg
4.4 • 70 Ratings
🗓️ 7 February 2023
⏱️ 39 minutes
🧾️ Download transcript
Summary
Bloomberg's Caroline Hyde and Ed Ludlow break down the AI race heating up - from Baidu to Google to Microsoft, just out with a new OpenAI-powered Bing search engine. Plus, how Arm has been able to buck the trend and defy the chip downturn.
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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. I'm Caroline Hyde at Bloomberg's world headquarters in New York. |
| 0:46.0 | And I'm Ed Lutloaf in San Francisco. |
| 0:48.0 | This is Bloomberg Technology Risk on in the market, AI a driver, and no surprise Caroline from Powell. No surprise markets |
| 0:55.8 | risk on but having noticed all these chatpots from Bernie to Bing to of course |
| 1:00.7 | barred over at Google they're all named with a bee. |
| 1:03.0 | We get into that in a moment, but let's get into the race first and foremost. |
| 1:06.0 | The AI race, it is on-ed from Microsoft to Google to Bido. |
| 1:09.0 | We're bringing the latest global generative AI developments |
| 1:12.0 | and speak to a key executive from |
| 1:14.0 | Microsoft on its big being announcement and honing in on the chip industry |
| 1:19.2 | arm posting a 28% increase in revenue in its latest quarter. |
| 1:23.5 | We speak with the CEO of the company as it prepares what |
| 1:26.7 | parents Softbank hopes will be the largest ever IPO for a chipmaker. |
| 1:31.4 | Plus Zoom slashing 15% of its workforce while Meta warns |
| 1:34.7 | managers to get back to making things or leave. All that is so much more coming |
| 1:40.1 | up but first Soft Bank it posted its earnings losing nearly six billion dollars |
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