블룸버그 기술: AI, 클라우드 및 시장 인사이트

### 테슬라의 미래 불확실성, 마이크로소프트와 G42의 AI 계약, AWS CEO의 비전
* 📉 Tesla는 예상치를 상회하는 배송량을 기록했지만, **전년 동기 대비 배송량이 5% 감소**하면서 **2분기 연속 배송량 감소**에 직면했습니다.
* 🎩 2024년에 처음으로 마이너스를 기록할 것이라는 전망과 함께 **8월 8일 자율주행 원격 택시를 공개해야 한다는 압박**으로 테슬라의 성장세가 크게 둔화되었습니다.
* 🔋 Tesla의 에너지 사업부는 가장 빠르게 성장하고 있으며 잠재적으로 가장 수익성이 높은 사업부로, **2027년까지 3,000만 대의 전기차 판매**를 목표로 하고 있습니다.
* 🤖 Microsoft가 UAE의 G42와 체결한 **10억 달러 규모의 AI 계약**으로 인해 중동과 그 외 지역으로 AI 지식이 이전되면서 미국에서는 국가 안보에 대한 우려가 커지고 있습니다.
* ☁ 매트 가먼 AWS CEO의 비전은 정보 검색, 생성, 실행과 관련된 행동을 변화시키는 애플리케이션을 통해 **아직 개발되지 않은 거대한 제너레이티브 AI 시장**에 초점을 맞추고 있습니다.
* 💰 수익성이 눈에 띄게 개선되었지만, 향후 대규모 투자로 인해 **AWS의 비즈니스는 시간이 지남에 따라 기복**이 있을 것입니다.
* 🚀 AWS는 AI 가속기를 위해 **NVIDIA와 협력**하고 있으며, **NVIDIA의 프로세서**는 AWS의 AI 고객에게 매우 중요한 역할을 합니다.
* 🌍 Vanessa의 VC 라운드업은 **제너레이티브 AI 인프라에 투자하는 트렌드**를 강조하는 동시에 구매 행동의 변화에 따라 **소비자 스타트업에 중요한 기회**가 있음을 지적합니다.
* 🏙 애틀랜타의 기술 생태계는 **뛰어난 기술 인재, 새로운 기술 채택에 전념하는 포춘 500대 기업**의 존재, **기업공개 및 대규모 인수의 역사**로 두드러집니다.

AWS의 CEO 매트 가먼은 클라우드 시장의 혁신과 성장을 주도하기 위해 제너레이티브 AI를 우선시합니다.

FROM THE HEART OF WHERE INNOVATION, MONEY, AND POWER COLLIDE IN SILICON VALLEY AND BEYOND, THIS IS BLOOMBERG TECHNOLOGY WITH CAROLINE HYDE AND ED LUDLOW. 

CAROLINE: I'M CAROLINE HYDE IN NEW YORK. 

ED: I'M ED LUDLOW IN SAN FRANCISCO. PER THIS IS BLOOMBERG TECHNOLOGY. 

CAROLINE: TESLA BEATS DELIVERY ESTIMATES BUT STILL A SECOND CONSECUTIVE DROP IN QUARTERLY DELIVERIES. PAID WE BREAK DOWN THOSE NUMBERS. 

>> MICROSOFT A IDEAL FACES RISKS OVER NATIONAL SECURITY CONCERNS. WE HAVE THE DETAILS. 

CAROLINE: WE SIT DOWN WITH THE NEW CEO OF AMAZON WEB SERVICES. HE WRAPS UP HIS FIRST MONTH ON THE JOB, LET'S CHECK IN ON

THESE MARKETS.
THE NASDAQ TRYING TO SHAKE OFF WHAT IS PERHAPS SOME SLIGHTLY
MORE HAWKISH SIGNS FOR THE DATA TODAY.
ONCE AGAIN SHOWING THE LABOR MARKET IS STRONG IN THE UNITED
STATES. MEANWHILE, WE HAVE MORE DOVISH
TONES FROM THE FEDERAL RESERVE AND THE CPI PRINTING EUROPE,
THAT SHOWS INFLATION IS COOLING. A LOT OF MACRO TO BE DIGESTING.
LOOKING AT THE BIG TECH BENCHMARK.
MAYBE THAT'S OFF THE BACK OF THE RALLY WE SAW.
STILL DIGESTING A LOT OF POLITICAL RISK IN THE ECB, STILL
SAYING WE WILL BE CUTTING IN THE REST OF THE YEAR.
10-YEAR YIELD PUSHING DOWN. WE ARE OFF OF OUR LOWS BUT
STILL MOVING INTO THE MARKET OFF THE BACK OF CHAIR POWELL,
AS BONDS RALLY.

WE HAVE THAT GOING HIGHER.
CURRENTLY OFF BY 2%. ALTHOUGH INTERESTINGLY, WE SAW
SIGNS OF A TURNAROUND IN TERMS OF INFLOWS WITH THOSE ETF'S IN
THE PREVIOUS WEEK. WHAT HAVE YOU GOT? >> LET'S LOOK AT THE ELECTRIC
VEHICLE SECTOR. THE STOCKS ON TRACK FOR ITS
BIGGEST JUMP SINCE APRIL AND TRADING AT ITS HIGHEST LEVEL
SINCE JANUARY. LET'S GET TO THE DATA IN THE
SECOND QUARTER. DELIVERIES BEAT ESTIMATES, JUST
BELOW 444,000 DELIVERIES. PRODUCTION 411 THOUSAND.
AS WE SPOKE ABOUT, IT'S THE SECOND SEQUENTIAL QUARTER WHERE
DELIVERIES HAVE DROPPED YEAR ON YEAR. SO YOU BEAT THE STREET
EXPECTATIONS, BUT THAT'S THE CHART YOU WANT TO SEE.
DELIVERIES IN THAT DIRECTION.

IT WAS A REALLY BIG BRIGHT SPOT, WHICH IS ENERGY INSTALLATION BASICALLY DOUBLED QUARTER ON QUARTER. I'LL JUST MAKE QUICKLY, WHEN WE GOT THOSE DELIVERY NUMBERS FOR THE FIRST QUARTER, WHICH WAS VERY BAD, TESLA INCLUDED A PARAGRAPH EXPLAINING THE FACTORS AT PLAY. IN THE RELEASE FOR THE SECOND QUARTER, THERE WAS NO PARAGRAPH, NO EXPECTATION, THOUGH WE DID GET A LOT WITH COMPETITION OF HYBRIDS, ALL THE STUFF THE MARKETS HAVE BEEN TALKING ABOUT FOR A FAIR FEW WEEKS. CAROLINE: THE EXCUSES SEEM TO BE DRYING UP WHEN IT COMES TO MIDDLE EAST SUPPLY ISSUES, SEEMINGLY TO BLAME FOR THE FIRST QUARTER. LET'S GET TO STEVE. YOUR VIEW ON TESLA, A VERY EARLY INVESTOR FROM THE PRE-IPO DAYS.

WHAT DO YOU MAKE OF THE SLOWER SLOWDOWN IN SALES? >> NOTE: THE NUMBER IS BETTER THAN EXPECTED, UP FROM 387,000 LAST QUARTER, BUT STILL 5% YEAR ON YEAR. TESLA'S GROWTH HAS SLOWED EXTRAORDINARILY: 70% IN 2021, 51% IN 2022, 19% IN 2023. THIS YEAR COULD BE THE FIRST NEGATIVE YEAR TESLA HAS HAD. THEY LOST $700 BILLION IN VALUE SINCE NOVEMBER OF 2021. THIS ALL CREATES HUGE PRESSURE FOR THIS BIG AUGUST 8 UNVEIL OF THE FALL SELF-DRIVING REMOTE TAXI. IT'S A BIG QUESTION. CAN TESLA PULL A RABBIT OUT OF THE HAT? WE WILL SEE IN FIVE WEEKS. CAROLINE: A LOWER, CHEAPER PRICED MODEL? OR STILL WAITING ON THE

ROBOTAXI? I THINK WHAT YOU'RE LIKELY
TO SEE IS AN ALL-NEW VEHICLE BUILT ON A SMALLER CHASSIS.
IT COULD BE THE CHASSIS OF THE FUTURE FOR THE NEW CAR.
I THINK HE WILL ALSO SHOW FULL SELF-DRIVING IS ALMOST READY TO
GO. THE QUESTION IS, WILL IT BE READY FOR THE REGULATORS TO
ALLOW IT ON THE STREETS OF THE U.S., OR WILL THEY DO SOMETHING
DIFFERENT LIKE LAUNCH IN CHINA FIRST. IF THEY CAN GET THESE
TWO THINGS RIGHT, TESLA MAY BE BACK ON TOP OF THE NEXT DECADE.
ED: DOWN 8% SO FAR IN 2024.
13% OF THE LAST 12 MONTHS. THIS LITTLE BIT OF YOUR HISTORY
OF TESLA. A FORMER BOARD MEMBER. BY THE TIME YOU ARE A BOARD
MEMBER, ENERGY WAS NOT AS BIG OF A COMPONENT OF BUSINESS.
WE HAVE A BRILLIANT CHART

HOPE WE CAN BRING UP SHOWING THE BIG JUMP IN ENERGY INSTALLATION IN THE SECOND QUARTER THIS YEAR. PAID WHAT DID YOU MAKE OF THAT? >> ELON HAS THE BIG PICTURE. IT'S NOT JUST A CAR COMPANY. IT IS AN ENERGY COMPANY, AND FRANKLY, IT IS AN AI COMPANY. ENERGY DIVISION IS THE BIGGEST FASTEST-GROWING DIVISION AT TESLA AND MAY BE THE MOST PROFITABLE. AND THAT IS SOMETHING WE HAVE BEEN TRACKING FOR SOME TIME. THE BIG PICTURE HERE IS 2027; THEY WILL BE SELLING 30 MILLION EV'S. EVERY AUTOMAKER IN THE WORLD IS GOING ALL ELECTRIC. GETTING THIS $25,000 CAR IN WITH FULL SELF-DRIVING, THEY WILL END UP BEING THE KINGS OF EV'S FOR A LONG TIME. ED: LOOKING ELECTRIC VEHICLE SALES AROUND THE WORLD, MANY MORE

PLAYERS IN CHINA ARE REPORTING
REALLY GOOD NUMBERS. A LOT OF FOLKS HAVE BEEN
GETTING HAMMERED ON SOCIAL MEDIA FROM ALL SIDES, THE VERY
PRO-TESLA SHAREHOLDER OWNERS, AND THOSE WHO ARE ANTI-ELON.
YOU CANNOT WIN. LOADS HAVE BEEN POINTING OUT
TESLA DELIVERED MORE PURE BATTERY ELECTRIC VEHICLES THAN
BYD. ELON MUSK IS TALKED ABOUT THE
CHALLENGE OF HYBRIDS. THE LEGACY OEMS ARE BRINGING HYBRID
MODELS ONLINE. THE HEALTH OF THE MARKET AT
LARGE IN THAT CONTEXT? >> THE WHOLE WORLD IS GOING
ELECTRIC. IT'S WHY WE INVESTED IN TESLA
IN 2008. WE SAW THERE WOULD BE A PRECIPITOUS DOWNWARD CURVE IN
THE PRICE OF BATTERIES, AND THAT IS WHY EVERY AUTOMAKER IS GOING
ALL ELECTRIC.

YOU WILL SEE SLOWDOWN SPRAY.
TESLA IS IN THE MIDDLE OF. THEY CALLED THE VALLEY OF DEATH BETWEEN THE WILDLY SUCCESSFUL MODEL 3 AND THE MODEL Y AND THE NEXT GENERATION OF AI DRIVEN. AS YOU MOVE THROUGH THAT, I THINK THEY WILL DO WELL. IN THE MEANTIME, TESLA IS BECOMING ONE OF THE LARGEST SOURCES OF ENERGY IN THE WORLD. THEY HAVE APPLIED AND APPROVED TO BECOME A UTILITY PROVIDING MEGA PACKS TO UTILITIES ALL OVER THE PLANETS -- ALL OVER THE PLANET. IN THE OLD DAYS, YOU MENTIONED UTILITIES, THAT WAS A BORING INDUSTRY. NOW THEY ARE RESHAPING.
BEFORE WE GET TO YOUR NEW FUND, IN THE OLD DAYS, YOU ARE ON CAPITOL HILL WHEN YOU WERE SERVING AS CALIFORNIA CO-CHAIR THE OBAMA FOR AMERICA CAMPAIGN.

DO PEOPLE COME TO YOU AND SAY,
ELON IS THE PROBLEM HERE WHEN IT COMES TO BUYING A TESLA? STEVE: ELON IS WITHOUT A DOUBT ONE OF
THE MOST POLARIZING FIGURES OF THE AGE AND THEN SOME.
HAVING SAID THAT, HE HAS TRANSFORMED THE GLOBAL
TRANSPORTATION INDUSTRY. HE'S TRANSFORMED THE AMERICAN
SPACE PROGRAM. HE APPEARS TO BE ON HIS WAY TO
PROVING A REVOLUTION IN ARTIFICIAL INTELLIGENCE.
IT'S HARD TO CAST TOO MANY DOUBTS. LOOK AT THE CYBER TRUCK
NUMBERS. BUT I STILL THINK HE IS LIKELY
THE BEST PERSON TO LEAD TESLA INTO THE NEW FUTURE. ED: YOU ARE LOOKING FOR THE NEXT
TESLA. YOUR FIRM WITH A NEW FUND, THE
FOCUS IS ON THE SEED STAGE. IT SOUNDS TOUGH. HOW DO YOU
FIND THE NEXT TESLA BEING THE

ENERGY COMPONENT.
INFRASTRUCTURE, AT THE VERY NASCENT STAGE. STEVE:
INVESTORS ARE WAKING UP, AND THEY WANT TO INVEST IN THIS NEW
FUTURE OF SUSTAINABILITY, EV'S, GREEN ENERGY. WE USE THAT SEED FUNDS TO
TRANSFORM, TO HELP TRANSFORM THE WORLD'S LARGEST INDUSTRIAL
COMPLEX. YIELDING A 17-YEAR TRACK RECORD
OF HAVING RAISED FOUR FUNDS. SO WE ARE ALREADY HAD NINE
COMPANIES GO PUBLIC, INCLUDING TESLA, THREE OTHER
MULTIBILLION-DOLLAR. REAL SECRET SAUCE IS THE EXPERTISE
WE GAIN FROM HAVING 32 OF THE WORLD'S LARGEST ENERGY
COMPANIES AS INVESTORS. THEY HELP US ON DEAL FLOW.
WE HAVE ABOUT 4000 COMPANIES A YEAR THAT KEEPS US ON OUR TOES.
CAROLINE:

DUKE ENERGY, ALASKA AIR, SO
MANY WANTING STRATEGIC INVESTMENTS HERE, STEVE. IS ELECTRIC VEHICLE THE
STRATEGIC PLACE TO DEPLOY CAPITAL RIGHT NOW?
IS IT ENERGY, WHERE ARE YOU GOING TO GET THE REAL BANG FOR
YOUR BUCKET, DO YOU THINK? STEVE: THAT'S EXACTLY THE RIGHT
QUESTION TO ASK. UNBELIEVABLE CHANGES IN THE
UTILITY SECTOR, EV'S, AUTONOMOUS VEHICLES, AI. THE ELECTRICITY DEMAND GLOBALLY
TO DOUBLE BY 2050. NOW THEY'VE BECOME THE LINCHPIN
OF THE GLOBAL ECONOMY. RENEWABLE ENERGY,
LONG-DURATION, VIRTUAL POWER PLANTS, THE MOBILITY SECTOR,
EVERY COMPANY GOING ELECTRIC AND THAT'S BECAUSE EV'S THIS
YEAR WILL START COSTING LESS THAN COMPARABLE INTERNAL
COMBUSTION ENGINES.

THE EV'S ARE COMING QUICKLY IN
THE INDUSTRIALS. IT'S ALL ABOUT AI AND EVERYTHING HAPPENS
FASTER. IT'S THE MOST EXCITING TIME IN
THE WORLD TO BE AN INVESTOR. ED: FOR WHAT IT'S WORTH, ELON MUSK
SAID THE DELIVERY OF ELECTRIC VEHICLES IS A VERY SMALL PART
RELATIVE TO WHAT HE'S EXPECTING FOR OPTIMIST ROBOTICS AND
AUTONOMY. WE WILL SEE IF HE'S RIGHT OR
NOT. STEVE WESLEY, A FORMER TESLA
BOARD MEMBER, A TERRIFIC START TO THE PROGRAM. COMING UP, MICROSOFT'S AI DEAL
WITH THE UAE COMPANY G 42 IS RAISING CONCERNS IN WASHINGTON.
WE WILL HAVE THOSE DETAILS COMING UP NEXT.
THIS IS BLOOMBERG TECHNOLOGY. ♪ CAROLINE: REMEMBER BACK IN MAY,

MICROSOFT, THE ARAB EMIRATES AI FIRM, ANNOUNCED PLANS TO SPEND $1 BILLION ON PROJECTS TOGETHER. IT WAS A DEAL NEGOTIATED WITH INPUT FROM THE U.S. AND UAE GOVERNMENTS. WHILE SOME SEE THIS AS A WAY TO HELP THE U.S. COMBAT CHINESE INFLUENCE IN THE GLOBAL SOUTH, OTHERS ARE CONCERNED ABOUT POTENTIAL NATIONAL SECURITY THREATS. A STORY OUT TODAY ON ABSOLUTE DEEP DIVE, AND THE KEY ISSUE HERE IS A TRANSFER OF AI KNOWLEDGE TO THE MIDDLE EAST AND BEYOND. MICROSOFT EARLIER THIS YEAR ANNOUNCED THEY WOULD INVEST $1.5 BILLION IN G 42. THIS DEAL WAS BLESSED BY THE UNITED STATES AND THE UAE GOVERNMENTS AT THE TIME, BUT SINCE THEN THERE HAVE BEEN CONCERNS CROPPING UP IN ALL

CORNERS OF WASHINGTON.
RANGING FROM HUMAN RIGHTS CONCERNS, WE REALLY WANT TO BE
SHIPPING ADVANCED AI TO GULF STATES WITH QUESTIONABLE
SURVEILLANCE MEASURES? TWO CYBERSECURITY RISKS RELATED
TO MICROSOFT. THE COMMERCE SECRETARY'S EMAIL
WAS HACKED ON A MICROSOFT SERVER.
THE MOST FUNDAMENTAL QUESTION FACING U.S.
OFFICIALS IS WHETHER TO APPROVE SHIPMENTS OF THE ADVANCED AI
CHIPS MICROSOFT AND G 42 WOULD NEED TO MAKE THESE A SUCCESS. ED:
BIG NUMBERS, MCKENZIE WHAT IS G 42? MACKENZIE: IT IS THE PREEMINENT AI COMPANY
IN THE UAE AND THE MIDDLE EAST WRIT LARGE. OTHER COUNTRIES ARE POURING
MASSIVE AMOUNTS OF MONEY INTO AI DEVELOPMENT AND IT IS SORT
OF THE CROWN JEWEL OF THE UAE

AI EMPIRE. PARTICULARLY, THE UAE IS JOCKEYING OVER AI AND DATA CENTER INITIATIVE, BUT THE U.S. HAS CONCERNS ABOUT THE ENTIRE REGION. THEY ADDED MUCH OF THE MIDDLE EAST, INCLUDING ALL FOR THOSE GULF STATES, TO A FRAMEWORK THAT ORIGINALLY FOCUSED ON CHINA AND RESTRICTS U.S. COMPANIES FROM SHIPPING ADVANCED CHIPS OR ADVANCED CHIPMAKING EQUIPMENT TO COUNTRIES ON THAT LIST WITHOUT A LICENSE FROM THE U.S. GOVERNMENT. SINCE IMPLEMENTING THAT IN OCTOBER, THEY'VE SLOWLY BROUGHT LICENSES TO THE REGION. WELL, OFFICIALS JOCKEY OVER WHETHER OR NOT TO ALLOW COMPANIES TO ACCESS AMERICAN TECHNOLOGY OVER CONCERNS IT COULD ALSO BE A WAY FOR CHINA TO GET ACCESS TO THOSE CHIPS. CAROLINE:

IF THEY DON'T BUILD THE TIES
WITH THE MIDDLE EAST, WILL CHINA WIN OUT IN THE GLOBAL SOUTH?
WILL WE SEE THIS ONGOING NARRATIVE OF A BATTLE ESCALATE.
MACKENZIE: THAT'S EXACTLY THE CONCERN AND
THE CONSIDERATION. THERE IS SO MUCH MONEY GOING
AROUND THAT IF MIDDLE EASTERN COMPANIES ARE NOT SPENDING THAT
ON AMERICAN COMPANIES AND AMERICAN EQUIPMENT, THEY WILL
SPEND THAT MONEY WITH CHINA. PART OF DEALING WITH MICROSOFT
IS G42 WOULD STRIP HUAWEI OUT OF ITS SUPPLY CHAINS.
THERE CONCERNS, CONCERNS MAYBE THEY ARE NOT TO MAKE GOOD ON
THIS. THEY'VE HIRED A THIRD-PARTY TO
SAY, WE ACTUALLY WILL AND HAVE AN INDEPENDENT PARTY THAT WILL
SHOW YOU THAT.

YOU CAN GO DOWN A MILLION
RABBIT HOLES HERE. THE REALITY IS CHINA HAS
DECADES' WORTH OF INVESTMENT IN THE MIDDLE EAST AND GLOBAL
SOUTH. WHERE CHINA HAS MADE INROADS
FOR GENERATIONS. THEY HAVE THIS DIGITAL SILK
ROAD WHERE HUAWEI AND CTE HAVE INVESTED MASSIVE AMOUNTS OF
CAPITAL ACROSS AFRICA AND CENTRAL ASIA. IT MIGHT BE THE
U.S.' BEST CHANCE OF COMING BACK
WITH THAT. ED: WE FINALLY SEE THE FLOW OF
CAPITAL FOR THE CHIPS ACT IN THE WORKFORCE CONTEXT.
THERE'S ALSO THIS WAR FOR TECH HUBS ON THE EAST COAST. EXPLAIN
THOSE DEVELOPMENTS TO US? MACKENZIE:
WE SAW A COUPLE OF WORKFORCE AND TECH-RELATED DEVELOPMENTS
IN THE PAST 24 HOURS OR SO.

ONE OF THEM IS WE HAVE THE FIRST APPLICATION PROCESS FOR CHIPS ACT FUNDING DEDICATED TO WORKFORCE DEVELOPMENT. THE CHIPS IN SCIENCE ACT IS BIGGER THAN JUST GRANTS TO COMPANIES LIKE INTEL AND TSMC TO BUILD FACTORIES HERE. THERE'S A FUND FOR RESEARCH AND DEVELOPMENT, WHICH HOUSES THIS NEW CENTER, AND THIS WORKFORCE FUNDING IS COMING OUT OF THAT. IT'S CALLING FOR EVERYBODY FROM COMMUNITY COLLEGES TO COMPANIES PARTNERING TO APPLY FOR RELATIVELY SMALL AMOUNTS OF MONEY BUT STILL SEEING THAT PROCESS OPENING UP FOR PROGRESS AROUND WORKFORCE DEVELOPMENT. THE U.S. COULD BE SHORT AS MANY AS 90,000 SEMICONDUCTOR CAN -- TECHNICIANS BY THE END OF THE DECADE. THAT'S THE TIME WE WANT TO BE MAKING MORE THAN 1/5 OF THE

ADVANCED CHIPS IN THE WORLD. SO WE HAVE THAT ON ONE SIDE,
AND THEN WE ALSO HAVE THIS ANNOUNCEMENT OF A DOZEN WITH
THE BIDEN ADMINISTRATION'S CALLING TECH HUBS, AND THAT
COMES FROM THE AND SCIENCE PORTION OF THIS CHIPS IN
SCIENCE ACT. IT WAS OFFERED AS A $10 BILLION
PROGRAM TRYING TO USE FEDERAL MONEY FOR PRIVATE CAPITAL
OUTSIDE OF TRADITIONAL TECH HUBS LIKE WHERE YOU BOTH SAID.
THE ADMINISTRATION ANNOUNCED A DOZENS OF THOSE YESTERDAY,
SPANNING FROM FLORIDA TO UPSTATE NEW YORK AND TULSA. >> ACROSS THE LABOR ISSUES, THE
GEOPOLITICAL ISSUES SO MUCH WHEN IT COMES TO CHIPS, WE
THANK YOU. THIS IS BLOOMBERG TECHNOLOGY. CAROLINE: U.S.
AUTO SALES MAY SEE A SLOWDOWN.

VEHICLE SALES ARE EXPECTED TO SLOW TO AN ANNUALIZED RATE OF 50.8 MILLION IN JUNE, WHICH IS DOWN FROM A YEAR AGO. THIS COMES BASED ON STEEP BORROWING COSTS AND IMPACTED DEALERSHIPS AND DELIVERIES ACROSS THE COUNTRY. ACCORDING TO SOURCES, NORTHERN DATA IS WEIGHING AN IPO OF ITS POWER, COMPUTING, AND DATA CENTER BUSINESSES. BANKS HAVE PUT VALUATIONS BETWEEN 10 TO 16. IT COULD BECOME -- IT COULD COME IN AS EARLY AS THE FIRST HALF OF NEXT YEAR. UNION WORKERS AT SOUTH KOREA'S LARGEST COMPANY SAY THEY ANNOUNCED A DECISION YESTERDAY EVENING AFTER ITS LATEST WAGE NEGOTIATIONS. WHAT ARE YOU LOOKING AT? >> SOMEONE KNEW HIS ENTER THE PARAMOUNT PARTY, BARRY DILLER

IS EXPLORING A POSSIBLE PARAMOUNT BID. HE LED PARAMOUNT PICTURES DECADES AGO BUT LOST A BIDDING WAR FOR THE DUTCH JOINING US OUT OF NEW YORK CITY. WHAT ARE THE DETAILS IN THE NEW YORK TIMES REPORT? >> THIS CAME TOGETHER AFTER SHERRY REDSTONE WALKED AWAY WITH DAVID ELLISON SKY DANCE MEDIA AND THAT -- NONDISCLOSURE AGREEMENT HAVE BEEN SIGNED. >> ISN'T IT INTERESTING THAT BARRY DILLER LOST OUT WHEN WANTING TO GET SOME OF THESE ASSETS PREVIOUSLY. THERE'S TALK ABOUT PARAMOUNT PLUS BEING WEAVED INTO ANOTHER STREAMING COMPANY AS WELL. >> THERE IS SOMETHING VERY NOSTALGIC ABOUT THIS I THINK FOR HIM. HE DID HAVE DUTCH HEAD PARAMOUNT PICTURES SO I'M SURE, WE HEARD A LOT OF TALK ABOUT A

JOINT VENTURE ON STREAMING. IT WILL BE INTERESTING TO SEE
WHAT HE'S GRAVITATING TOWARDS. IT'S FILM AND TELEVISION, SO
WHAT'S NOT TO LOVE. ED: I FEEL IT. WE'VE BEEN TALKING
ABOUT THIS FOR A LONG TIME. I'VE LOST TRACK OF WHO ISN'T
WHO IS NOT TRYING TO BUY PARAMOUNT. WHO ARE THE OTHER
PLAYERS STILL IN THE RACE. >> BYRON ALLEN HAS MADE A BID
AND BEEN VERY VOCAL ABOUT THAT. WE ALSO HAVE BAIN CAPITAL, BUT
ALSO PUT IN AN OFFER. SONY AND APOLLO, THEY'VE HAD TO
RETHINK THEIR STRATEGY. THERE'S A LOT OF BIDS, AND I'VE
BEEN HEARING SUN VALLEY. NEXT WEEK, THE CONFERENCE WILL BE
REALLY PIVOTAL ON THIS. >> YOU POETICALLY YOURSELF SAID
TV AND MOVIES, WHAT'S NOT TO

LOVE. THE MARGINS ARE WHAT PEOPLE DON'T LOVE. HOW MUCH IS THIS ULTIMATELY BECOME A DIFFICULT TO SELL ASSETS. >> THERE ARE SERIOUS VIABILITY -- VIABILITY ISSUES. WE KNOW PARAMOUNT IS EMBRACING THE CUT COST LOOKING TO CUT FIVE AND A MILLION DOLLARS IN COST. THERE ARE SOME STRINGS ATTACHED. THIS WON'T BE AN EASY ROAD WHOEVER TAKES THIS OVER. AS STREAMING STRENGTHENS AND DEAL TALK CIRCULATE AROUND PARAMOUNT PLUS. CAROLINE: EVERYONE'S COULD BE WATCHING WHO IS SHAKING HANDS WITH WHO. COMING UP, WE WILL BE JOINED BY THE AWS CEO TO TALK BUT HIS VISION FOR THE COMPANY AND WHERE'S THE GROWTH. THIS IS BLOOMBERG TECHNOLOGY. ♪ ED: WELCOME TO OUR TV AND RADIO AUDIENCE WORLDWIDE.

IT'S BEEN ONE MONTH SINCE THE
CHANGING OF THE GUARD AT THE TOP OF AMAZON WEB SERVICES.
MATT GARMAN JOINS US FOR AN UPDATE AND TO LAY OUT HIS
VISION FOR AWS, OF THE LEADER IN THE CLOUD MARKET.
LET'S START WITH THE BASICS. PAID WHAT HAVE YOU SPENT THE
LAST 30 DAYS OR SO DOING, AND HOW QUICKLY HAVE YOU TRIED TO
IMPLEMENT CHANGES YOU THINK WERE HELPFUL OR IMPORTANT FOR
AWS? MATT: THANK YOU FOR HAVING ME THIS
MORNING. IT'S BEEN A GREAT FIRST MONTH.
DIVING INTO VARIOUS TEAMS AND UNDERSTANDING WHERE ALL THE
TEAMS ARE WORKING, AND IN PARTICULAR I'M EXCITED ABOUT
THE OPPORTUNITY TO SPEND SOME TIME SITTING DOWN WITH
CUSTOMERS AND UNDERSTANDING WHAT'S IMPORTANT TO THEM. SPENT MUCH TIME LAST WEEK
TALKING TO SOME SMALL STARTUPS.

TO UNDERSTAND IN THE GENERATIVE
AI SPACE. THERE'S A LOT OF EXCITEMENT
ABOUT NEW TECHNOLOGIES THAT ARE COMING, AND THE POTENTIAL FOR
BUSINESSES GO. I'M INCREDIBLY EXCITED AND
LOOKING FORWARD TO THE BUSINESS. CAROLINE:
WE WILL TALK ABOUT GENERATIVE AI. YOU'VE HELD PRETTY LONG PERIODS
OF ENGINEERING SALES RESPONSIBILITIES IN THE CLOUD
MARKET AT AWS. BEFORE WE WERE TALKING ABOUT AI,
THE STORY WITH CLOUD WAS CLEAR. THERE WAS THIS MASSIVE TOTAL
ADDRESSABLE MARKET WHERE COMPANIES AROUND THE WORLD HAD
NOT YET TRANSITIONED WORKLOADS AND STORAGE TO THE CLOUD, AND
INCREASINGLY WERE TALKING ABOUT THAT BEING BACK A LITTLE BIT.
TALK TO ME ABOUT THE STRATEGY OF GOING AFTER THAT ADDRESSABLE
MARKET.

THE BASICS OF CLOUD COMPUTING?
MATT: THE OPPORTUNITY AHEAD IS ENORMOUS FOR THE BUSINESS.
THE VAST MAJORITY OF CUSTOMERS WEREN'T QUITE YET IN
THE CLOUD. SOME ESTIMATES WERE ONLY 10 TO
15% OF WORKLOADS TRANSITIONED TO THE CLOUDS DUST OF THE CLOUD.
IF ANYTHING THEY'RE ARE LOOKING TO ACCELERATE THE TRANSITION.
IF YOU THINK ABOUT GENERATIVE AI OR OTHER TECHNOLOGIES MOST
CUSTOMERS ARE FINDING IT'S HARD TO TAKE ADVANTAGE OF THESE THAT
ARE OUT THERE IF THEIR DATA IS NOT UP IN THE CLOUD. SO WE
TALKED A LOT OF CUSTOMERS AND THEY SEE THIS NEW ERA OF
GENERATIVE AI AS AN ACCELERATOR FOR REASONS TO GET THEIR DATA
IN THE CLOUD AND TO BE ORGANIZED IN A SECURE AND SAFE
ENVIRONMENT WHERE THEY CAN

ACTUALLY, GO AND INNOVATE AND DELIVER VALUE FOR THEIR BUSINESS. WE ARE SEEING THIS AS AN ACCELERATOR. THEY ARE TRYING TO FIND WAYS THEY CAN MODERATE MORE OF THEIR WORKLOADS AND GET INTO THE CLOUD FASTER THAN EVER BEFORE. WE THINK THAT IS A HUGE OPPORTUNITY FOR AWS BUSINESS AND FOR OUR CUSTOMERS AS THEY CAN GAIN AGILITY AND CAN INNOVATE FASTER FOR THEIR OWN CUSTOMERS ONCE THE WORK NOTES ARE IN THE CLOUD. CAROLINE: ALPHABET AND MICROSOFT AND IBM AND THE OTHERS MIGHT ALSO SEE THIS AS THEIR OPPORTUNITY. I'M INTERESTED IS SOMEONE WHO HELPED BUILD CLOUD AS A BUSINESS MODEL HOW YOU THINK AMAZON AND AWS ARE DIFFERENT AT THIS MOMENT. MATT: AS YOU MENTIONED, I'VE BEEN WORKING ON AWS SINCE 2005, 2006.

SO IF YOU LOOK ABOUT WHERE WE
ARE DIFFERENT, THERE'S A COUPLE OF THINGS I WOULD FOCUS ON.
WE HAVE A LOT OF EXPERIENCE GOING AND HELPING CUSTOMERS IN
THE CLOUD WORLD, AND FROM THE BEGINNING WHEN WE STARTED, WE
SAID PRIORITY ZERO FOR US IS SECURITY.
CUSTOMERS ARE TRUSTING US WITH THEIR BUSINESS, WITH CRITICAL
WORKLOADS, SO SECURITY IS FIRST AND FOREMOST. SECOND IS
OPERATIONAL EXCELLENCE. WE KNOW FOR OUR CUSTOMERS, IF WE
HAVE TO BE SECURE AND PERFORM IN AN OUTSTANDING WAY,
PERFORMANCE AND SECURITY, THOSE ARE THE THINGS WE FOCUS ON.
THEN WE THINK OF HOW WE HELP CUSTOMERS INNOVATE.
WE WANT TO LEAN IN AND UNDERSTAND WHERE THEIR STRUGGLES ARE,
WHERE THEY ARE HAVING PROBLEMS WITH THEIR ENVIRONMENTS OR
WHERE THEY ARE SLOWING DOWN AND

DOING TOO MUCH OF THE MOCK INSTEAD OF FOR THEIR CUSTOMERS. WE DELIVER A ROBUST SET OF SERVICES. WE HAVE BY FAR THE WIDEST SET OF SERVICES AND CAPABILITIES THAT ALLOW CUSTOMERS OF ALL SIZES TO GO AND INNOVATE OUT THERE FOR CUSTOMERS. WHEN YOU HAVE THAT BASELINE OF SECURITY AND OPERATIONAL EXCELLENCE AND THE BROADEST SET OF CAPABILITIES FOR MOST CUSTOMERS, IT'S A NO-BRAINER AS TO WHAT THE OPTIMUM PLATFORM TO GO FOR. >> ARE YOU STILL ACCELERATING FOR AWS GROWTH AS WE SEE THAT PIVOT POINT? ARE YOU ACCELERATING PROFITS? MATT: ABSOLUTELY. IT'S GROWING FASTER THAN ANY CLOUD PROVIDER, AND WE SEE CUSTOMERS LEANING IN. SO WE SEE THIS IS SUCH EARLY DAYS FOR THE CLOUD. SO WE SEE MASSIVE GROWTH AND ACCELERATION AHEAD OF US AND

HUGE OPPORTUNITY FOR THE BUSINESS. >> SINCE YOU'VE BEEN IN THE JOB FOR 30 DAYS, WHAT'S YOUR UNDERSTANDING OF WHAT A RUN RATE IN THE BILLIONS OF DOLLARS TIED TO GENERATIVE AI ACTUALLY MEANS? WHAT IF YOU COME TO SEE ACROSS YOUR DESK IS THAT BEING A BUSINESS OF? MATT: GENERATIVE AI IS ALREADY A MULTIBILLION-DOLLAR BUSINESS FOR AWS. SO IT IS A BIG BUSINESS FOR US TODAY. AND WHEN WE SIT DOWN WITH CUSTOMERS, YOU LOOK AT WHERE THIS TRANSITION IS GOING. IT STARTED OUT WITH CHATGPT, AND EVERYBODY THOUGHT THIS IS A FANTASTIC TECHNOLOGY AND IT IS ENDED WAS. SO THE FIRST THING EVERYBODY DID WAS THEY BUILT CHATBOTS FOR THEIR WEBSITE. AS CUSTOMERS ARE TRANSITIONING, THEY ARE TRYING TO SAY WHERE IS THE REAL ENTERPRISE VALUE?

HOW AM I DELIVERING VALUE TO MY CUSTOMERS? WHEN THEY THINK ABOUT AWS, THEY SAY, WHAT ABOUT A PLATFORM I CAN BUILD ON THAT SECURES THE BASELINE AND HAS CAPABILITIES I CAN BUILD VALUE FOR MY CUSTOMERS. WE ARE SEEING CUSTOMERS SAY, HOW DO I GET VALUE FROM THE BUSINESS? HOW ARE THEY DELIVERING REVENUE GROWTH AND REAL COST SAVINGS? HOW ARE THEY TRANSFORMING THEIR BUSINESS THAT'S DIFFERENT FROM HOW ANYONE HAS DONE IT IN THE INDUSTRY BEFORE? EVEN THOUGH TODAY IT'S A MULTIBILLION-DOLLAR BUSINESS, I THINK IT REALLY IS THE NASCENT PART OF THIS TECHNOLOGY, BECAUSE WHAT IT'S CAPABLE OF DOING IS PROGRESSING SO QUICKLY THAT I THINK A YEAR OR TWO YEARS FROM NOW YOU WILL SEE MANY INDUSTRIES OUT THERE HAVE COMPLETELY CHANGED HOW THEY THINK ABOUT WORK AND DELIVERING VALUE TO THEIR CUSTOMERS.

IT'S A SUPER EXCITING TIME FOR INNOVATION AND TECHNOLOGY AS A WHOLE. ED: WE ARE SPEAKING WITH THE AWS CEO GARMAN 30 DAYS INTO THE JOB. AN IMPORTANT DEVELOPMENT OF YOUR PREDECESSOR, MOST RECENTLY THE HIRING MORE FOCUSED ON NON-DUB -- EIGHT OF U.S. AMAZON. HOW MUCH HAVE THEY HAD TO BRING IN ENGINEERING TALENT TO WORK ON LARGE LANGUAGE MODELS? MATT: THE POTENTIAL IS MASSIVE AND WHEN YOU LOOK AT THE AI SPACE THERE'S NOT GOING TO BE ONE SOLUTION FOR EVERYONE. DOES NOT COULD BE ONE MODEL PERFECT FOR ALL USE CASES. OUR VIEW IS CUSTOMERS WILL NEED A VARIETY OF CAPABILITIES, THEY WILL NEED LARGE MODELS TO DO REASONING. THEY ARE FANTASTIC ON THE NEW CLAUDE 3.5 MODEL. IT'S BY FAR

THE BEST IN THE WORLD RIGHT NOW.
BUT A LOT OF CUSTOMERS. WE FIND OUR COMBINING THOSE WITH SMALL
MODELS, AND THEY ALSO NEED CAPABILITIES. AND ONE OF THE
AREAS WE ARE EXCITED ABOUT IS WORKLOADS WHERE MODELS ARE
GOING TO BE ABLE TO CALL OUT AND DO THINGS, NOT JUST
SUMMARIZE DATA OR GIVE YOU INFORMATION, BUT ACTUALLY GO AND
PERFORM ACTIONS. THAT'S PART OF WHERE WE'RE
EXCITED ABOUT THE TECHNOLOGY FROM ADAPT.
WE THINK THERE'S A LOT OF THESE DIFFERENT COMPONENTS.
MANY OF THEM HAVE BEEN BUILT IN-HOUSE WITH AWS.
MANY OF THEM COME FROM EXTERNAL CAPABILITIES, AND WE THINK THERE
WILL BE A RICH ECOSYSTEM OF CAPABILITIES THAT CUSTOMERS
WANT TO BUILD FROM. MANY PROVIDE FIRST-PARTY
OFFERINGS. CAROLINE:
HOW ARE YOU SEEING THE NEED FOR

ENERGY GROWING IN AWS AND HOW ARE YOU SATISFYING IT WITH NUCLEAR FOR EXAMPLE. MATT: IT'S A GREAT POINT AND NEEDS A LOT OF ENERGY. IF YOU REWIND SEVERAL YEARS AGO, WE ARE THE SINGLE LARGEST PURCHASER OF RENEWABLE ENERGY FOR MANY YEARS AND AROUND NOW. PART OF THAT, WE SAW THIS COMING AND HAVE BEEN THINKING ABOUT HOW DO WE BUILD UP ENOUGH POWER IN A SUSTAINABLE WAY THAT'S CARBON NEUTRAL, THAT WE CAN SUPPORT THE ENERGY NEEDS FOR TECHNOLOGY. WE THINK THAT THAT GROWTH WILL BE SIGNIFICANT AND THERE'S A LOT OF WORK THAT'S IN A GO FORWARD IN CONTINUING TO MAKE SURE WE HAVE ENOUGH POWER TO POWER THE WORKLOADS OUR CUSTOMERS NEED. THAT'S PART OF WHAT WE BRING TO THE TABLE. WE SPENT A LOT OF TIME GETTING GOOD IN THIS SPACE, THINKING.

ABOUT HOW WE MAKE SURE WE HAVE ENOUGH SUSTAINABLE POWER, AND HOW WE HAVE ENOUGH COMPONENTS IN OUR SUPPLY CHAIN, AND HOW DO WE MANAGE THAT SPEND. IT'S A PRETTY SIGNIFICANT INVESTMENT. HOW DO WE MAKE SURE WE MANAGE THAT IN A REASONABLE WAY SO IT'S GOOD FOR THE AWS BUSINESS, AND THAT WE'RE BEING RESPONSIBLE WITH HOW MUCH CAPITAL WE SPEND, BUT WE CAN ALSO GROW THE POWER FOOTPRINT THE WORLD NEEDS IN A SUSTAINABLE WAY. CAROLINE: CAN I ASK ABOUT THAT PROFITABILITY? THERE HAS BEEN MARKED IMPROVEMENT IN PROFITABILITY, BUT THE QUESTION IS AT THE TIME OF INVESTMENT, ARE YOU MANAGING THIS BY CUTTING COSTS AND HAVING TO ULTIMATELY LET GO OF PEOPLE? WITH MORE HIGHER PRICING FOR THESE AI-RELATED SURFACES--

SERVICES QUESTION MARK MATT:
THIS BUSINESS WILL HAVE EBBS AND FLOWS OVER TIME, AS WE MAKE
LARGE INVESTMENTS IN THE FUTURE, WHETHER IT'S LARGE
INVESTMENTS OF POWER OR DATA CENTERS.
THE PROFITABILITY OF THE BUSINESS WILL GO UP AND DOWN
OVER TIME, BUT IN THE LONG TERM, WE THINK AWS WILL BE A
PROFITABLE BUSINESS FOR AMAZON. FOR US, IT'S ABOUT INVESTING IN
FUTURE, MAKING SURE WE HAVE THE RIGHT SET UP IN PLACE, AND THAT
OF A LONG-TERM VISION OF WHAT THE BUSINESS WILL BE. WE'RE
NOT THINKING ABOUT PARTICULAR SHORT-TERM, BUT HOW DO WE REALLY
GO AFTER THAT LONG-TERM POTENTIAL, SO AWS CONTINUES TO
GROW AT A RAPID RATE FOR MANY YEARS.
WE WANT TO MAKE SURE WE HAVE THE RIGHT TEAM IN PLACE AND THE
RIGHT INVESTMENTS IN PLACE, SO WE CAN BE THERE FOR CUSTOMERS
WHEN THEY NEED US.

WITH DEDICATE A LOT OF TIME COVERING THOSE EFFORTS. COULD WE FOCUS ON NVIDIA AND DISCUSS YOUR RELATIONSHIP WITH THAT COMPANY, HOW SUPPLIED THEIR AI ACCELERATORS IS AND WHETHER YOU GIVE US A FORECAST OF HOW MANY ACCELERATORS YOU THINK YOU'LL TAKE FROM NVIDIA IN THE NEXT 12 MONTHS OR CALENDAR -- OF CALENDAR 24. MATT: NVIDIA IS AN INCREDIBLY IMPORTANT PARTNER OF OURS. THEY MAKE A FANTASTIC PROCESSOR, THEY HAVE EXECUTED BY FAR THE WORLD'S BEST TECHNOLOGY IN THE SPACE. WE BELIEVE AI TECHNOLOGIES ARE GONE RELY ON NVIDIA AND GP USE FOR MANY YEARS TO COME. WE ARE GETTING DEEPER WITH THEM. JENSEN HAS SET ON STAGE AWS IS THERE TECHNOLOGY THEY ARE BUILDING THEIR OWN MODELS ON TOP OF.

THEY HAVE SEEN AWS HAS BY FAR
THE BEST PERFORMING TECHNOLOGY. WHETHER IT'S ON THE NETWORK
SIDE OR AVAILABILITY, WHICH IS A SUPER IMPORTANT PART OF
BUILDING MODELS. WE LEAN IN ON NVIDIA FOR THAT
AND LEARN ABOUT WHAT'S WORKING WELL IN THE NEXT GENERATION OF
TECHNOLOGY. WILL THEY NEED FROM THE DATA CENTERS, AND WE REALLY
HAVE A GREAT COLLABORATION TO ENSURE OUR AI CUSTOMERS CAN
JOIN AND TAKE ADVANTAGE OF THE BEST TECHNOLOGY NVIDIA HAS TO
OFFER AND IN COMBINATION SO THEY CAN DELIVER THE BEST
TECHNOLOGY FOR THE WORLD. THANK YOU FOR JOINING US
TODAY, AWS CEO. ED, WHAT HAVE YOU GOT COMING UP?
CAROLINE: IT'S A FED STORY THIS MORNING.
THE FED CHAIR SAYING THE U.S. IS ON A DISINFLATIONARY PATH,
PROGRESS ON INFLATION. YOU LOOK

AT HOW THAT'S LOOKING IN
EQUITIES. U.S. 10-YEAR YIELD, SEMICONDUCTORS
UP SLIGHTLY, BUT THERE'S BEEN PRESSURE WITH THE AWS CEO.
ANOTHER QUICK LOOK AT TESLA. DELIVERIES DOWN FOR TESLA, THE
STOCK UP 9% ON TRACK FOR ITS BIGGEST JUMP SINCE APRIL,
TRADING AT A JANUARY HIGH. MUSK POSTING THE DELIVERY OF
ELECTRIC VEHICLES, JUST A SMALL PART OF THE BIG PICTURE, WHICH
IS ROBOTICS AND AUTONOMY. COMING UP, WE WILL BE JOINED
BY VANESSA, TALKING AI AND INVESTING IN THE PRIVATE
MARKETS. THIS IS BLOOMBERG TECHNOLOGY. THIS IS BLOOMBERG. TIME FOR VC ROUNDUP. RESOLUTE NEARLY DOUBLED TO $0.2
BILLION, BUT -- REVOLUT OFFSET BY LOSSES.
THE 2023 ACCOUNTS BEFORE AHEAD

OF DEADLINE AS THEY TRY TO SECURE A U.K. LICENSE. MEANWHILE, OVER IN THE U.K., THE FORMER CEO OF THE BRITISH ARM OF SILICON VALLEY BANK JOINED HSBC IN MARCH OF 23 WHEN THE COMPANY WAS ACQUIRED BY SVB U.K. AND NOW SHE WILL BE JOINING OCTOPUS VENTURES IN JANUARY AS THEIR CEO. PLATTS WILL REMAIN AS A SPECIAL ADVISOR TO HSBC. 17 LABS RAISED $85 MILLION IN A SPENDING ROUND. 17 LABS PLACED OF -- PAYS DEVELOPERS FOR EMERGING AI TOOLS AND RANKS AMONG THE LARGEST FOR AI STARTUPS SO FAR. ED: TIME FOR OUR VC SPOTLIGHT AND WE ARE JOINED BY VANESSA AND THERE HAVE BEEN SO MANY THEMES WE'VE BEEN PASSING OVER, JUST WHAT -- ASKED WHAT THE MAIN ONE

GUESS WHAT THE MAIN ONE IS? PRETTY IT'S GENERATIVE AI. THEY ARE SAYING THAT IS THE UNTAPPED MARKET. OR THEY ARE SAYING YOU HAVE TO BE IN A LARGE LANGUAGE MODEL LEVEL. AS THE PARAMETERS GET SMALLER, THERE'S A HIGHER VOLUME BEING BUILT. WHERE DO YOU SEE THAT DIVIDE, VANESSA? I'M AN APPLICATION PLAY OR INVESTOR -- APPLICATION LAYER INVESTOR. I THINK THERE'S A LOT OF VALUE IN THAT. IT SHOWED THAT THE MAJORITY OF THE FUNDING WAS GOING TO INFRASTRUCTURE, AND THE BULK OF THAT WAS GOING TO THE LARGE LINE WITH MODEL COMPANIES. AND MUCH OF IT WAS GOING TO AI APPLICATIONS. I THINK THERE'S A LOT OF REASONS FOR THAT. ONE BEING IT STILL SUCH A EARLY FEELINGS OF HOW PEOPLE WILL ADOPT IT AND WHICH APPLICATIONS WILL BE THE ONE THAT EMERGE.

WHERE IS THE INFRASTRUCTURE LEVEL? IT SEEMS A LOT MORE CLEAR AS TO WHERE THOSE LARGE LANGUAGE MODELS ARE GOING.
CAROLINE: THIS IS WHERE HAVING DONE IPO'S BEFORE COMES INTO BEAR. WHICH OF THE APPLICATIONS SHOULD BE THE AREA OF GROWTH? WHERE WILL THEY ALIGN THAT YOU'RE MAKING THE BETS ON?
VANESSA: FOR ME, I LIKE TO TAKE A STEP BACK AND THINK ABOUT WHAT ARE THE BEHAVIORS THAT ARE GOING TO CHANGE BECAUSE OF ITS TECHNOLOGY. I THINK ABOUT IT AS THREE CORE BEHAVIORS. MATT ALLUDED TO THIS IN YOUR PREVIOUS SEGMENT AROUND CHATBOTS AND EVERYBODY USING IT TO FIND INFORMATION. I THINK THERE'S THE CREATION. ONCE YOU FIND INFORMATION, YOU WANT TO CREATE AND ADD, CHANGE IT. AND THEN THE THIRD IS TAKING

ACTION OR MAKE A DECISION.
I THINK GENERATIVE AI WILL AFFECT ALL THREE OF THESE
THINGS. WHERE I FEEL LIKE PEOPLE ARE COMFORTABLE USING
GENERATIVE AI IS IN THESE LOW-VALUE REPEATABLE TASKS: CUSTOMER SUPPORT, CUSTOMER
SUCCESS, AND SOME STRATEGIC ANALYSIS. SO, LOOKING AT THE DATA
AND FIGURING OUT WHAT'S HAPPENING, SO TAKING THAT FIRST
STEP, BUT MAYBE NOT COMPLETELY TRUSTING TO DO EVERYTHING AND
HAVE ACCESS TO ALL YOUR DATA TODAY PAID -- YOUR DATA TODAY.
CAROLINE: YOU HAVE BETS AND COMPANIES
THAT MIGHT TANGENTIALLY USE AI BUT ARE NOT AI FIRST. MAKING
SURE CHILDREN ARE UNDERSTANDING SAVING BUT MAYBE NOT FIRST AND
FOREMOST AN ARTIFICIAL INTELLIGENCE COMPANY.
IS THERE MONEY OUTSIDE OF AI? VANESSA: ABSOLUTELY.
I'VE NEVER BEEN MORE EXCITED.

ABOUT THE CONSUMER.
EVERY TIME THE ECONOMIC ENVIRONMENT SHIFTS, WHETHER IT'S
BOOMS OR BUSTS, CONSUMERS CHANGE THEIR PURCHASING
BEHAVIOR, AND THAT'S AN EXCITING TIME FOR STARTUPS BECAUSE IT
MEANS BEHAVIORS ARE CHANGING, AND THE INCUMBENTS MAY OR MAY
NOT SERVE THE MATURATION OF CONSUMERS WHOSE BEHAVIORS ARE
CHANGING BASED ON THE ENVIRONMENT. I'M REALLY EXCITED BECAUSE I'M
SEEING PURCHASING BEHAVIORS FROM CONSUMERS SHIFT. STARTUPS ARE GETTING A REALLY
GOOD SHOT AT A NEW CUSTOMER BASIS. TO BE HONEST, THE CONSUMER DOES
NOT CARE IF IT'S GENERATIVE AI OR NOT. THEY HAVE SOMETHING
THEY ARE TRYING TO ACCOMPLISH, AND IF YOU ARE SERVING THEM AND
ACCOMPLISHING THAT, THAT'S ALL

THAT MATTERS.
A LOT OF COMPANIES DO WANT TO USE THAT TO IMPROVE MARGINS. FOR THE CONSUMER, THE END OF THE
DAY, AND THAT DOESN'T CHANGE. >> WE TALKED WITH THE TECH HUBS
BACKING THAT IN SOUTH CAROLINA AND GEORGIA WHERE YOU'VE BEEN
ACTIVE. VANESSA:
ATLANTA IS A REALLY INTERESTING ECOSYSTEM BECAUSE THEY HAVE GREAT TECHNICAL TALENT. YOU
ALSO HAVE A BUNCH OF OTHER SCHOOLS IN THE AREA THAT ARE
PHENOMENAL SCHOOLS AND GREAT PRODUCERS OF TALENT.
THE OTHER UNIQUE THING ABOUT ATLANTA IS THEY HAVE A LOT OF
FORTUNE 500 COMPANIES, AND THESE ARE NOT YOUR STODGY OLD
COMPANIES. THEY ARE VERY COMMITTED TO ADOPTING NEW
TECHNOLOGY, SO THEY HAVE A LOT

OF PROGRAMS TO PRODUCE AND
PROCURE TECHNOLOGY FROM START-UPS. START-UPS CAN SELL INTO THEIR
NEIGHBORS AND GET THESE BIG DEALS OUT OF THE GATES.
THE OTHER THING I LIKE IS THEY HAVE HAD EXITS. THEY HAVE IPO'S, GIANT
ACQUISITIONS, AND THOSE COMPANIES CREATE A BUNCH OF
OTHER ENTREPRENEURS WHO HAVE HUGE ASPIRATIONS. ED: WE ARE OUT OF TIME, I'M AFRAID.
VANESSA, THANK YOU SO MUCH. PRIDE, THIS IS BLOOMBERG
TECHNOLOGY. ED: FORMER MICROSOFT CEO STEVE
BALLMER HAS PASSED THE COMPANY'S CO-FOUNDER BILL GATES
TO BECOME THE SIXTH RICHEST PERSON IN THE WORLD. THE TOTAL
GAINS YEAR TO 21%. MORE THAN 90% OF BALLMER'S NET
WORTH IS IN MICROSOFT SHARES.

ACCORDING TO THE BLOOMBERG
BILLIONAIRES INDEX, GATES HAS DIVERSIFIED ITS
PORTFOLIO AND DEDICATED IT TO PHILANTHROPIC COURSES. CAROLINE:
INTERESTING CHANGING OF THE GUARD.
THAT DOESN'T FOR THIS EDITION.

Tesla's Deliveries and Microsoft's AI Deal With UAE's G42 | Bloomberg Technology

Welcome to the Bloomberg Technology YouTube channel. Subscribe for original series and mini-docs on game-changing technologies, profiles on innovators, live conversations with experts, and breaking technology news & analysis from Bloomberg TV.

Bloomberg Technology

Tesla의 분기별 배송 및 향후 전망

Tesla의 분기별 배송량이 예상치를 상회했음에도 불구하고 2분기 연속 감소하여 전년 동기 대비 5% 감소하면서 회사의 성장에 대한 우려가 커지고 있습니다.

곧 출시될 가을 자율 주행 원격 택시와 더 저렴한 새 모델의 공개는 Tesla의 미래 성공에 결정적인 역할을 할 것입니다.

2021년 11월 이후 7,000억 달러의 가치 하락으로 상당한 압박에 직면해 있으며, 이러한 향후 개발의 성공 여부에 따라 반등할 수 있는 능력이 달라질 것입니다.

에너지 및 전기차 시장에서 Tesla의 영향력 확대

Tesla의 에너지 사업부는 빠르게 확장되고 있으며 전 세계 유틸리티에 메가팩을 제공하는 데 중점을 두고 높은 수익을 올릴 것으로 예상됩니다.

이 회사의 CEO인 일론 머스크는 여전히 양극단의 인물이지만 운송 산업을 성공적으로 변화시켰으며 AI 개발을 선도하고 있습니다.

전 세계적으로 전기차와 친환경 에너지로의 전환이 가속화되면서 전기차와 에너지 부문에 대한 전략적 투자가 이루어지고 있으며, 내연기관 자동차보다 비용이 저렴할 것으로 예상되는 전기차가 성장을 더욱 촉진할 것으로 전망됩니다.

마이크로소프트와 G의 AI 계약이 미치는 영향 42

마이크로소프트가 G 42에 15억 달러를 투자하면서 중동으로의 AI 지식 이전과 잠재적인 국가 안보 위협에 대한 우려가 워싱턴에서 제기되고 있습니다.

이 거래는 또한 미국이 첨단 칩의 중동 수출을 제한하려는 미국과 중국 간의 글로벌 영향력 다툼의 일환이기도 합니다.

수십 년에 걸친 중국의 중동 지역 투자와 미국과 중국 간의 자본 경쟁이 이 싸움의 핵심 요소입니다.

미국이 중동과 그 밖의 지역에서 중국의 영향력과 경쟁하기 위해 동부 해안의 기술 허브를 차지하기 위한 전쟁은 이러한 상황을 더욱 복잡하게 만들고 있습니다.

과학 분야의 칩스 법이 인력 개발 및 기술 허브에 미치는 영향

칩스 인 사이언스 법은 공장 건설을 위한 보조금뿐만 아니라 연구, 개발 및 인력 교육에 대한 자금도 지원하고 있습니다.

이 법은 반도체 기술자 부족 문제를 해결하고 미국 전역에 기술 허브를 확대하는 것을 목표로 합니다.

이 발표에는 전통적인 기술 허브 외의 민간 자본을 지원하기 위한 100억 달러 규모의 프로그램이 포함되어 있으며, 개발 대상 지역으로 수십 곳이 선정되었습니다.

매트 가먼의 AWS와 클라우드 시장에 대한 비전

매트 가먼은 AWS에 합류한 첫 달 동안 여러 팀에 들어가 고객과 대화를 나누며 특히 소규모 스타트업과 생성적 AI에 대한 고객들의 관심에 집중했습니다.

그는 특히 제너레이티브 AI의 잠재력을 통해 고객이 워크로드를 클라우드로 전환하도록 지원하는 데 있어 AWS가 가진 엄청난 기회를 강조합니다.

AWS는 보안, 운영 우수성, 다양한 서비스에 중점을 두고 고객의 혁신을 지원함으로써 차별화됩니다.

가먼은 AWS가 여전히 성장과 수익을 가속화하고 있으며, 클라우드 초기에는 엄청난 성장과 가속화가 예상된다고 단언합니다.

AWS CEO, 수십억 달러 규모의 제너레이티브 AI 비즈니스에 대해 논의하다

생성 AI는 이미 AWS의 수십억 달러 규모의 비즈니스이며, 매출 성장과 비용 절감을 통해 고객에게 가치를 제공하고 있습니다.

AWS는 대규모 언어 모델이 다양한 산업에서 혁신과 변화를 주도할 수 있는 잠재력을 보고 있습니다.

또한 기술 워크로드의 증가하는 에너지 수요를 지원하기 위해 지속 가능한 전력을 공급하는 데 주력하고 있으며, 재생 에너지에 상당한 투자를 하고 있습니다.

AWS 장기 비즈니스 전략 및 NVIDIA와의 협업

AWS는 장기적인 수익성을 위해 전력 및 데이터 센터에 대한 대규모 투자에 집중하고 있으며, 단기적인 이익보다 미래를 위한 비전을 우선시합니다.

또한 고객 지원에 중점을 두고 수년간의 빠른 성장을 보장하기 위해 적절한 팀과 투자를 구축하는 데 전념하고 있습니다.

AWS는 AI 가속화를 위해 NVIDIA의 기술에 의존하고 있으며, AI 고객이 AWS와 함께 NVIDIA가 제공하는 최고의 기술을 활용할 수 있도록 보장하는 등 NVIDIA와의 협업의 중요성을 강조하고 있습니다.

양사는 전 세계를 위한 최고의 기술을 제공하기 위해 긴밀하게 협력하고 있습니다.

제너레이티브 AI가 비즈니스 및 소비자 행동에 미치는 영향

생성형 AI는 정보 찾기, 정보 생성 및 변경, 의사 결정이라는 세 가지 핵심 행동에 영향을 미칠 것으로 예상됩니다.

이 기술은 현재 고객 지원 및 전략 분석과 같이 가치가 낮고 반복 가능한 작업에 가장 적합합니다.

스타트업은 변화하는 고객층에 서비스를 제공할 수 있는 새로운 기회를 제공한다는 점에서 소비자 구매 행동의 변화에 큰 기대를 걸고 있습니다.