RiskReversal Pod

Not Your Mum's ChatGPT | Okay, Computer.

May 30, 2024

Deirdre Bosa from CNBC's Tech Check joins for a chat on tech trends and finance. They discuss AI excitement in Silicon Valley, NVIDIA's market cap growth, Amazon's AI strategy, Apple's potential AI hardware announcements, and challenges of generative AI startups. The conversation also covers the impact of interest rates on the tech market, PwC's partnership with OpenAI, and the varying AI models available to consumers.

32:51

Episode guests

Deirdre Bosa

AI Summary

AI Chapters

Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Startups prefer private funding over going public despite tech market highs, focusing on AI growth.

PwC's collaboration with OpenAI for enterprise AI tools hints at AI's evolving monetization potential.

Deep dives

Current Revolutionizing Traditional Banking

Current, a FinTech company, is disrupting traditional banking by offering easy-to-use financial management tools through a single app, eliminating the need for physical bank visits.

Introduction

4min

Tech Giants and Market Concerns

17min

The Monetization of AI Technology and Varying Motivations in Silicon Valley

6min

Enterprise Adoption of Generative AI and PWC's Strategic Move

3min

Passionate Hockey Discussion with Focus on Conor McDavid

3min

Dan Nathan and Guy Adami are joined by Deirdre Bosa, host of CNBC's Tech Check, for an engaging discussion on the latest trends in tech and finance. The episode kicks off with a market overview, highlighting NASDAQ's new highs and the S&P's performance, while also touching on the impact of interest rates on tech valuations. Deirdre shares insights on the excitement surrounding AI in Silicon Valley and the reluctance of startups to go public despite market highs.

The conversation then shifts to the "Magnificent Seven" tech stocks, with a particular focus on NVIDIA's staggering market cap growth and its role as a proxy for AI investments. The trio delves into Amazon's AI strategy and its profitability push under Andy Jassy, as well as the resurgence of old tech companies like Dell in the AI hardware space. Speculation arises about Apple's potential AI hardware announcements at WWDC and the challenges generative AI startups face in monetizing their investments in NVIDIA chips. The discussion also covers the different AI models available to consumers and the potential for commoditization in the AI space. Guy raises questions about the relevance of monetary policy and interest rates on the tech market, with Deirdre providing insights from her perspective. The episode also touches on PwC's partnership with OpenAI and its implications for the enterprise Gen AI market.

Articles We’re Reading

Dell Should Keep Shining in Nvidia’s Halo (WSJ)
Nvidia’s Cloud Spending Soars, as It Looks Beyond Chips (The Information)
Hedge funds have never been more long the Magnificent 7 stocks, exceeding last summer’s peak exposure (CNBC)
Google’s AI search setback (Platformer)
China Creates $47.5 Billion Chip Fund to Back Nation’s Firms (Bloomberg)
Apple Set to Unveil AI Strategy at June 10 Developers Conference (Bloomberg)
PwC Set to Become OpenAI’s Largest ChatGPT Enterprise Customer (WSJ)
The Great AI Challenge: We Test Five Top Bots on Useful, Everyday Skills (WSJ)

—

View our show notes here

Learn more about Current: current.com

Listen to 'Strategic Alternatives': https://www.rbccm.com/en/gib/ma-inflection-points

Email us at contact@riskreversal.com with any feedback, suggestions, or questions for us to answer on the pod and follow us @OkayComputerPod.

We’re on social:

Follow @dee_bosa on Twitter

Follow @GuyAdami on Twitter

Subscribe to our YouTube page

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.

RiskReversal Pod

Not Your Mum's ChatGPT | Okay, Computer.

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

Current Revolutionizing Traditional Banking

Tech Market Trends and NVIDIA's Surge

Apple's AI Strategy and Market Performance

PWC and Open AI Collaboration

Remember Everything You Learn from Podcasts