TSMC's US Grants and JPMorgan's CEO on AI

Bloomberg Technology

Bloomberg

Tech News, Business News, Business, News

4.5 • 49 Ratings

🗓️ 8 April 2024

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

Bloomberg's Caroline Hyde breaks down why the US awarded TSMC $11.6 billion in grants and loans and what that means for US chip production. Plus, JPMorgan CEO Jamie Dimon likens artificial intelligence to the invention of the steam engine, and free blue checks are back at Elon Musk's X platform.

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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.
0:34.4	Bloomberg Audio Studios. Podcasts, Radio News.
0:37.2	From the heart of where innovation, money and power collie in Silicon Valley and beyond. This is Bloomberg Technology
0:46.4	with Caroline Hyde and Brimberg's world headquarters in New York.
1:04.4	Ed Ludlow is off.
1:05.8	This is Bloomberg Technology.
1:07.1	Coming up, the US Awards T.S.C.
1:09.7	$11.6 billion in grants and loans in an effort to boost that domestic semiconductor manufacturing
1:15.7	will break down what the move means for the US chip production.
1:19.1	Plus, in his annual letter to shareholders, JP Morgan CEO, Jimmy Jamie Diamond likens artificial intelligence
1:24.2	to the invention of a steam engine or discuss his views on how the technology is
1:28.2	changing the world and his workforce. And Blue Checks they they're back.
1:32.6	And Elon Musk's X, the social platform makes a U-turn as it offers premium features
1:36.6	to popular accounts for free.
1:38.9	That says Musk takes on Brazilian court leaders.
1:41.7	Details on that and so much more throughout
	...

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