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Transcripts For BBCNEWS Business Today 20240927

Thank you forjoining us. Why are they doing this . Thank you so much. First of all, all of the things about models was a big promise about the impact and scalability and universal approach. You can use purpose ai for different applications. Now, it is time to show the economic return. They need more control of their assets and Infrastructure And Data capacity in order to deal with the next round. It is 6. 5 billion. It is 150 Billion valuation. It is not easy to understand that technologies commoditised. The price of chatgpt is 3. 5. Now, it is 2 of the price it was in 2022 when this model was leading. There is much more competition including Language Models and smaller Language Models, and local solutions and companies. Does it raise questions about the ethical approach of 0penai . They always said that they wanted to avoid the mistakes that were made with the social media revolution. It is. Does becoming a for Profit Company jeopardise that . You becoming a forProfit Company jeopardi

Transcripts For BBCNEWS Business Today - NYSE Opening Bell 20240913

For the tech sector. Ai Chip Giant nvidia has been surging on reports that the us government is considering allowing it to export advanced semiconductors to Saudi Arabia itjumped some 8 in Wednesdays Session pulling up the rest of big tech. Melissa 0tto is from S P global visible alpha where she heads up their technology research team. Just had us Producer Price Index data a little hotter than expected. That coupled with a little hotter consumer Price Index data yesterday. Does it change anything for when the fed meets next week . Are markets too optimistic about the pace of further Rate Cuts . Thank you, great to connect with you today. 0verall, thank you, great to connect with you today. Overall, the economic data that we saw Yesterday And Today was broadly in line with expectations. Based on S And P intelligence submitted for the September Rate cut of 25 basiS Points, what we have been seeing and driving some of the volatility in the market is there was some rhetoric over the past f

Transcripts For BBCNEWS BBC News Now 20240913

After Neil Armstrong became the first person to walk on the moon, billionaire Jared Isaacman became the first non professional astronaut to walk in space. Our Science Correspondent Phalab ghosh was back at home we all have a lot of work to do, but from here earth sure looks like a perfect world. Historic words for an historic moment. Out comes the first private Sector Astronaut to walk in space. Silhouetted on earths orbit. Hed paid billions of dollars for this experience. The capsule has no Air Logs of the entire spacecraft is in the vacuum of space once the doors open. Then the all important checks to make sure the spacesuits dont leak. They have been upgraded for the spacewalk, stronger and more flexible. The helmets have a Heads Up Display so they see how well their bodies are coping. The air is taken out of the capsule so the pressure inside matches what is outside. The hatch opens, and isaacman exits the spacecraft. There is not much to do outside apart from testing the suit, so

Transcripts For BBCNEWS Business Today 20240912

Kamala harris talked about her middle Class roots and providing help for small businesses. Mr trump talked about the soaring priCes that ameriCans have been living with and laid the responsibility firmly at the demoCrats door. Lets have a quiCk listen to Kamala Harris. My my passion, one of them, is small businesses. I would aCtually, my mother raised my sister and me but there was a woman who helped raise us we Call her our seCond mother, she was a small business owner, i love our small businesses not be my plan is to give a 50,000 Tax DeduCtion to start up small businesses, knowing they are part of the baCkbone of ameriCas eConomy. My opponent, on the other hand, as planners to do what he has done before whiCh is to provide Tax Cut for billionaires and big Corporations whiCh will result in 5 Trillion to ameriCas defiCit. Donald trump talked up his eConomiC legaCy as the debate moved onto the question of tarfiffs. Youll remember Mr Trump has reCently been speaking about inCreasing tar

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