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Transcripts For BBCNEWS Asia 20240706

microsoft incorporated chatgpt microsoft incorporated chatg pt into microsoft incorporated chatgpt into its being search engine earlier this year. the company also announced a new folding phone. james clayton has more from the conference. well, this is google s big tech annualjamboree. it is google s opportunity to burnish its artificial intelligence credentials and show off its latest products, since chatgpt was launched by open ai last year, it has been widely regarded that google were called on the hop, they didn t realise it was going to be that successful, and since then they have been playing catch up, this was an opportunity for google to show off its artificial intelligence, where there were no big announcements here today. what we did get were a series of iterative announcements regarding ai, for example, its flagship shark bite, bader, to be rolled out across 180 countries and territories. they also announced a partnership with adobe for an ai power centre to be con

Pound Euro Exchange Rate News: GBP/EUR Climbed as Germany Slipped into a Recession

Transcripts for BBCNEWS Asia Business Report 20240604 01:33:00

official data showed a rebounding retail sales of the last two months. we saw in up against bending during the extended labour day holiday earlier this month. revenues from domestic tourism doubling from domestic tourism doubling from pre pandemic levels. it looks like the big spenders are also back. last month, luxury brand lvmh reported a 70% increase in revenue from a year earlier, that was driven by strong sales in china. can this pent up demand be sustained? from vanguard, we were told a little earlier that they do not think so. ~ , ., think so. we definitely don t want to underestimate - think so. we definitely don t want to underestimate the l want to underestimate the strength of the demand after three years of lockdown. people do want to spend. but also don t think we should overestimate the sustainability of pent up demand, pent up demand will eventually fade away, especially when the house

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