The Race to Develop AI Tools and Chips Heats Up

WSJ What’s News

The Wall Street Journal

Daily News, News

4.1 • 4.2K Ratings

🗓️ 6 December 2023

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

P.M. Edition for Dec. 6. Google announces its artificial intelligence system to rival OpenAI as AMD rolls out new chips challenging Nvidia’s dominance in AI. Miles Kruppa and Asa Fitch report. Plus, Eric Niiler says Bitcoin mining used more water than New York City last year, fueling environmental concerns. Shelby Holliday hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This episode is brought to you by Cracken.
0:03.0	Crippo is like the financial system, but different.
0:06.0	He doesn't care where you come from,
0:08.0	what you look like, your credit score,
0:10.0	or your outrageous food delivery habits.
0:13.0	crypto is finance for everyone, everywhere, all the time.
0:17.0	Visit Krakon.com slash see what crypto can be.
0:21.0	To learn more, don't invest in as you're prepared to lose all the money
0:24.9	you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. A new lawsuit is accusing Facebook and Instagram of becoming a marketplace for predators.
0:40.0	And the race to develop AI tools and microchips is heating up as Google and
0:44.4	AMD announced new products. Plus, Bitcoin prices have been rising, but miners
0:49.3	are under fire for their water consumption. There's great demand for this mining,
0:54.0	and as long as that is happening,
0:56.0	there's going to be demand for electricity
0:58.0	to run these systems and computations,
1:00.0	and there'll be a growing demand for water.
1:02.0	It's Wednesday, December 6th. I'm Shelby. and there'll be a growing demand for water.
1:02.6	It's Wednesday, December 6th.
1:04.4	I'm Shelby Holiday for the Wall Street Journal sitting in for Anne-Marie Fertoli.
1:08.2	This is the PM edition of What's News,
1:10.6	the top headlines and business stories that moved the world today.
1:16.0	In a new lawsuit, the state of New Mexico is alleging that Meta has allowed Facebook and
	...

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