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18.06.26 - 23:30
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Companies Move to Secure Data as AI Increases Security Risks (Bloomberg)
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Michael Cardaci, CEO of FedHIVE said that the government is moving 'faster than its ever moved before' to secure data and make sure that US computing companies are compliant in case of national security risks as AI use ramps up.
Cardaci said that the US government is focused on keeping US technology inside of its borders as the race for global AI dominance heats up. (Source: Bloomberg)...
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18.06.26 - 23:01
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Fmr. Lululemon CIO on AI′s Impact on C-Suites, Jobs (Bloomberg)
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Julie Averill, former CIO of Lululemon, REI, and Nordstrom, discusses this shift in the context of her new book, "Chief Impact Officer," which offers a fresh perspective on leadership amid the ongoing technological revolution. Averill brings her extensive experience scaling Lululemon's revenue to over $10 billion to the conversation, emphasizing the critical role of AI adoption in maintaining job security and driving organizational impact. She speaks with Romaine Bostick & Katie Greifeld on "The Close." (Source: Bloomberg)...
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18.06.26 - 22:42
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JPM Asset Mgt. CEO: AI Can Power Markets for Some Time (Bloomberg)
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George Gatch, CEO of JPMorgan Asset Management, discussed the current excitement surrounding mega-cap initial public offerings (IPOs) in the technology sector. He emphasized the strong innovation and investment opportunities these IPOs present, describing the trend as a 'rising tide that is lifting all boats.' He speaks with Romaine Bostick & Katie Greifeld on "The Close." (Source: Bloomberg)...
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18.06.26 - 22:01
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US Looks To Expand Nuclear as AI Drives Up Energy Demand (Bloomberg)
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Liz Muller, Co-Founder and CEO of Deep Fission AND Will Wade, Bloomberg News Energy Reporter join Bloomberg Businessweek Daily to discuss Deep Fission's Nasdaq trading debut and the states of the nuclear industry in the US. Nuclear has regained public support in the AI era. The fuel source is capable of delivering 24/7 power on its own, unlike wind and solar. But while small modular reactors have tantalized hyperscalers and governments hoping to win the AI race, the technology has yet to break through on electric grids. (Source: Bloomberg)...
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18.06.26 - 21:18
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Rumble Bets on AI Compute Demand With New AI Platform (Bloomberg)
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Video platform Rumble is jumping on the AI bandwagon with its newest AI platform. Launching as Quake AI, the new sector combines cloud, compute, and AI infrastructure, and is slated to dominate the company's business segment. Rumble CEO Chris Pavlovski joins Ed Ludlow on "Bloomberg Tech" with more on the pivot. (Source: Bloomberg)...
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