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Transcripts For BLOOMBERG Bloomberg 20240704

Citing alibaba to cut prices by as much as 55 for more than 100 products. Alibaba currently trading down 0. 6 . In the markets it is trepidation. Investors waiting for that crucial pce data out of the u. S. On thursday after a hotter than expected cpi data, prompting questions about perhaps what signs may be gleaned from the data to suggest what the fed might do with rate cuts. Bear in mind, Market Expectations now coming to about an 80 basis point car from the year, down from that 150 basis point level. In the broad market in terms of the Chinese Market, inching higher at this point in time. Csi 300 index up by 1. 6 . Still, there are concerns despite more Foreign Investors pouring money into the Chinese Markets, concerns about the clampdown prompting the expectations of more meddling by china. Gains due for the philippines and malaysia. The nikkei 225 currently consolidating, down 0. 6 after reaching new record highs. In terms of the fx space we have the yen trading at 149. 78, below

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Transcripts For BBCNEWS Asia 20240702

are sleepless, watching the news and the story unfolds every minute, and it does make a big impact, because chatgpt is now currently the leading product in the large language models and asia, especially china, is catching up and they are very concerned and keeping updated on the matter. how vociferous is the debate between the so called doomers and the people trying to commercialise artificial intelligence here in the region? i think it is somewhere in the middle. people are more optimistic in china about how the large language models and ai technology will bring to the daily lives and make our life more convenient and more productive, but yes, there are some ethical debates and concerns regarding the openai and how the chatgpt or the gpt s in training, how powerful it is, that it could bring a potential danger to humanity. are policymakers, governments, are they working to regulate fast enough here in asia? yes, i would think so. the governments are actively involved, and

Twist
Suranjana-tewari
Saga
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Openai-itself

Transcripts For BBCNEWS World 20240702

chancellor of the exchequerjeremy hunt has described his autumn budget statement. 27 million workers will see their main national insurance contributions cut from 12% to 10% from january. and a tax break for companies that invest in new equipment will be made permanent, which mr hunt claims is the biggest business tax cut in modern history . also announced the news that from april, universal credit and disability benefits will go up by 6.7 percent. but those on welfare will have to take a work placement within 18 months or risk losing their benefits. the state pension will go up by 8.5% to 221 pounds 20 a week. the minimum wage for those aged 21 and older will go up to 11 pounds 44 an hour. pouring some cold water on all this however, a report out from the uk s independent spending watchdog, the office for budget responsibility. it warns that despite the new cuts, overall tax as a percentage of national income will soon be the highest since the second world war. here s our p

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Transcripts For BBCNEWS Asia 20240702

the news and the story unfolds every minute, and it does make a big impact, because chatgpt is now currently the leading product in the large language models and asia, especially china, is catching up and they are very concerned and keeping updated on the matter. how vociferous is the debate between the so called doomers and the people trying to commercialise artificial intelligence here in the region? i think it is somewhere in the middle. people are more optimistic in china about how the large language models and ai technology will bring to the daily lives and make our life more convenient and more productive, but yes, there are some ethical debates and concerns regarding the openai and how the chatgpt or the gpt s in training, how powerful it is, that it could bring a potential danger to humanity. are policymakers, governments, are they working to regulate fast enough here in asia? yes, i would think so. the governments are actively involved, and also the academia, the u

Hello
Twist
Asia-business-report
Suranjana-tewari
Sam-altman
News
Deal
Confirmation
Pioneer
Saga
Chief-executive
Artificial-intelligence

Transcripts For BBCNEWS Asia 20240702

watching the news and the story unfold every minute, and it does make a big impact, because chatgpt is currently the leading product in the large network models and asia, especially china, is keeping up and they are concerned on that matter. ., ., , , matter. how vociferous is the debate between matter. how vociferous is the debate between the - matter. how vociferous is the | debate between the so-called debate between the so called tumours and the people trying to commercialise artificial intelligence here in the region? i intelligence here in the re . ion? ~ intelligence here in the reuion? ~ , region? i think it is somewhere in the middle. region? i think it is somewhere in the middle. people - region? i think it is somewhere in the middle. people are - region? i think it is somewhere i in the middle. people are more optimistic in china about how the large linkage models and area technology will bring to the daily lives and it makes our life more convenient and more p

Confirmation
Hello
Twist
Asia-business-report
Drama
Suranjana-tewari
Silicon-valley
Openai-itself
Sam-altman
Board
News
Deal

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