Bloomberg Talks

Nicholas Burns, a seasoned diplomat and former U.S. ambassador to China, dives into President Trump's controversial push to purchase Greenland. He discusses Denmark's stark warning that such a move could jeopardize NATO's unity. Burns stresses the importance of respectful diplomacy over threats to secure U.S. interests in Greenland, while outlining the strategic competition in the Arctic against Russia and China's growing influence. He also emphasizes the need for a robust U.S. economic strategy in Latin America to counter China's positioning.

Stephen Miran, Federal Reserve Governor and former Treasury official, shares his insights on monetary policy and inflation. He forecasts a need for 150 basis points in rate cuts by 2026 to boost the labor market. Miran highlights that current inflation numbers are skewed by shelter costs and discusses the importance of accommodative policies on job growth. He also addresses potential risks, such as rising market rents affecting his projections and expresses uncertainty about his future at the Fed.

Jim Zelter, President of Apollo Global Management, shares his insights on asset management and macroeconomic challenges. He explains Apollo's disciplined investment strategies and discusses recent $6 billion transactions aimed at large companies with downside protections. Zelter also addresses geopolitical risks, U.S. economic resilience, and the evolving landscape of credit markets. He highlights the shift toward private credit, strategic land-banking initiatives, and the booming AI sector's funding needs, revealing the complexities of the current financial environment.

Mads Qvist Frederiksen, Executive Director of the Arctic Economic Council, provides keen insights into Greenland's economic landscape. He discusses how geopolitical uncertainties have stalled business investments in the region. While daily life continues, major projects face significant hurdles. Frederiksen emphasizes Greenland's desire for business partnerships rather than selling its resources. He also highlights the challenges posed by misinformation and calls for a cautious approach to investments that benefit local communities.

Jeanne Shaheen, a Democratic U.S. Senator from New Hampshire and expert in foreign policy, delves into pressing global issues. She discusses the complexities of U.S.-Venezuelan oil policies, highlighting risks and uncertainties surrounding potential embargoes. Shaheen also critiques the absurd notion of the U.S. purchasing Greenland, emphasizing the importance of partnerships with Denmark. Additionally, she advocates for urgent action on ACA premium tax credits, reflecting on the rising costs impacting constituents.

Palmer Luckey, founder of Anduril Industries and Mod Retro, is a trailblazer in defense tech and consumer hardware. He discusses his salary of $100k and supports Trump's call for accountability in defense payouts. Luckey also highlights China's dominance in drone manufacturing and the challenges faced in developing counter-drone technology. Additionally, he shares insights on a new, simplified TV design that prioritizes functionality, alongside his passion for creating retro gaming consoles. It's a fascinating glimpse into the intersection of tech and defense!

Amnon Shashua, CEO of Mobileye and a pioneer in computer vision and AI, shares insights into the company's acquisition of Mentee Robotics for $900 million. He discusses how humanoid robots can enhance Mobileye's AI capabilities and create new growth avenues. Shashua outlines the strategic phases for market entry, including tackling warehouse automation before venturing into home robotics. He expresses confidence in Mobileye's unique strengths against competitors like NVIDIA, emphasizing their cost-effective technology and significant industry partnerships.

Patrick Duddy, a Visiting Senior Lecturer at Duke University and former U.S. Ambassador to Venezuela, dives into the complexities of Venezuelan politics. He discusses a recent U.S. raid aimed at ousting Nicolás Maduro, asserting it wasn't just a bluff. Duddy outlines the U.S.'s motivations, revealing a mix of regime change, drug trafficking, and oil interests. He emphasizes the importance of rebuilding Venezuela's oil sector and warns against harsh purges during transitions, advocating for social stability instead. A captivating discussion on a critical geopolitical issue!

Cristiano Amon, CEO of Qualcomm, dives into the future of technology, emphasizing that robotics is the next big frontier in AI. He forecasts the arrival of industrial robots by 2026 and discusses the essential integration of low power and sensor technology. Amon highlights the evolution of digital cockpits in vehicles and maps out paths for assisted driving toward full autonomy. He also touches on wearables as personal AI devices and argues that AI may be underestimated in the long term, likening its potential to the early days of the internet.

Jensen Huang, Co-founder and CEO of NVIDIA, and Roland Busch, President and CEO of Siemens, dive into their groundbreaking partnership to create an industrial AI operating system. They discuss the integration of AI into Siemens' factory systems and the advancements of Nvidia's Vera Rubin chip for energy efficiency. With a focus on robotics, they predict significant AI breakthroughs in the next few years. They also tackle the pressing issue of energy constraints and explore Siemens' software acquisitions, paving the way for future innovations.