intelligence is artificial intelligence is changing the retail world, we find out how a us chip giant nvidia is leading the charge. welcome to asia business report. big stories in the us, it seems like apples electric and visions have hit the major speedbump. the company has reportedly begun winding down its dedicated to measuring electric cars. our business correspondence file this report from york. correspondence file this report from york-— from york. apple still with lofty ambitions. _ from york. apple still with lofty ambitions. for- from york. apple still with | lofty ambitions. for years, from york. apple still with i lofty ambitions. for years, it lofty ambitions. foryears, it was rumoured that it wanted to build its own electric cart, one with a steering wheel or any paddles. driverless experience. but after spending billions of dollars on the decade—long project, it now appears the iphone maker, it's about to get altogether. we reached out to apple for, but we haven't heard back from them

yet. the team working on the project were on the iphone dry and were shifting its focus to ai, some of the people who worked on the car will be moved apples artificial intelligence division. that's according to bloomberg. while those who can't find jobs elsewhere in the company, they face layoffs. apple shares rose nearly 1% on the news, one taken was put it, by abandoning its trim to transform the auto industry, it will increase pressure on apple to do something profound in the area of generative ai.— area of generative ai. staying with tay. _ area of generative ai. staying with tay. peeple _ area of generative ai. staying with tay, people tend - area of generative ai. staying with tay, people tend to - with tay, people tend to associate us company nvidia with chips and artificial intelligence. not necessarily with retail as the ai initiatives for the retail industry including generative ai, the can produce content like text, images or other data when prompted. our business correspondence asked her about how ai is changing the shopping experience for customers both in—store and online. m experience for customers both

in-store and online. ai enables ou to in-store and online. ai enables you to really — in-store and online. ai enables you to really have _ in-store and online. ai enables you to really have a _ in-store and online. ai enables you to really have a complete l you to really have a complete view of the customer and be able to really offer them promotions and products that are personalised and tailored to their needs. and so, here is when generative ai comes in, one of my favourite applications for generative ai that a lot of customers are now, a lot of retailers are implementing is shopping advisor. in the way i describe it is imagine taking the absolute best sales associate you have in your company and replicating that on your mobile and e—commerce site. so replicating that on your mobile and e-commerce site.- and e-commerce site. so from the customer. _ and e-commerce site. so from the customer, do _ and e-commerce site. so from the customer, do i _ and e-commerce site. so from the customer, do i know- and e-commerce site. so from the customer, do i know that l the customer, do i know that i'm being treated to a personalised ai shopping experience here or not? {hat experience here or not? chat bots have — experience here or not? chat bots have not _ experience here or not? chat bots have not been _ experience here or not? chat bots have not been very - experience here or not? (swat bots have not been very smart. and what generative ai allows you to do is truly train them, not only with your products but the characteristics of your

products. so if i come in and i say that i'm looking for a red top for a summer party that i'm going to, it looks at my previous shopping experience, shopping habits, it knows that i like certain styles and not every single red product so, the products are recommended to me, are tailored towards my preferences and my style and what i bought in the past. haw what i bought in the past. how about from _ what i bought in the past. how about from the _ what i bought in the past. how about from the store's - what i bought in the past. how about from the store's point of view because i can see how the personal shop experience can be attractive to customers, how was innovative ai helping stores run their business in other ways?— stores run their business in other ways? there's a lot of computer — other ways? there's a lot of computer vision _ other ways? there's a lot of computer vision technology | other ways? there's a lot of i computer vision technology for analysis being used inside the store and that is to give retailers an idea of heat maps, like where are most of the customers spending their time? or what is the path so if they

go and buy certain things, what's the next place they go to? that allows them to actually optimise merchandising and the layout of the stores. have we seen a moment like this before? its, have we seen a moment like this before? �* ., ., have we seen a moment like this before? ., ., , , ., , before? a lot of publications coal that the _ before? a lot of publications coal that the iphone - before? a lot of publications. coal that the iphone moment. before? a lot of publications i coalthat the iphone moment. i coal that the iphone moment. i mean, if you look at it, iphone change the consumer world. we were not used to having our e—mails and our fingertips. photography was a hobby, now, it's part of everyday life. i think that this is the iphone moment of ai. in think that this is the iphone moment of ai.— think that this is the iphone moment of ai. in other news, the liquidation _ moment of ai. in other news, the liquidation petition - moment of ai. in other news, the liquidation petition has i the liquidation petition has been filed against china's biggest private property developer country garden. the petition was filed by creditor who says the company has not repaid alone with billion hong kong dollars. on the move comes after china ever granted, the world most indebted was issued a liquidation order. as tensions with china rise, they

are eyeing overseas expansion. the manufacturer opens its first factory in japan with the manufacturer opens its first factory injapan with a second plan you with 2027. factories in overs and i were announced four years ago but the opening of two factories there have been derailed by labor shortages. there have been derailed by laborshortages. meanwhile, labor shortages. meanwhile, it's building laborshortages. meanwhile, it's building a factory in the german city of dresden, i spoke with the kennedy school who weighed in on to smc�*s overseas ventures. 50 weighed in on to smc's overseas ventures. ., , ., ventures. so japan venture is a breakthrough _ ventures. so japan venture is a breakthrough in _ ventures. so japan venture is a breakthrough in its _ ventures. so japan venture is a breakthrough in its own - breakthrough in its own expression. knowing that the arizona project started in the year 2022 and it's been delayed and delayed and however, japan started slower but it has proceed huge support, not only forjapan's government but the tsmc cell. so we can see a strong ship that tsmc is going to double down with japan

expansion as well as elsewhere oras expansion as well as elsewhere or as the arizona efforts have been delayed and somewhat challenged. ii been delayed and somewhat challenged-— challenged. if you can elaborate _ challenged. if you can elaborate what's i challenged. if you can | elaborate what's going challenged. if you can i elaborate what's going on challenged. if you can - elaborate what's going on with arizona and the plants are plants there?— arizona and the plants are plants there? the situation in tsmc on project _ plants there? the situation in tsmc on project has - plants there? the situation in tsmc on project has been i tsmc on project has been whether comp locator. he ground in december 2022 but over the course of the last year, it has met with labor shortage, union issues and then, most recently, it is not been able to confirm the subsidy that you will get from the chipset which posted $52 billion or so with every day going by, now that the machine is now running, the factory is not operating, it's a loss for tsmc. so tsmc have been through allocating some of its manpower and resources to

other projects such as japan and so, we see the moto has accelerated the pace and japanese governments has confirmed a 4.8 billion us dollars in substance is to support tsmc�*s japanese expansion. compare with the arizona, you can see japan is faster and more efficient at which means tsmc would likely to reallocate more resources in japan. in to reallocate more resources in ja an. ., , to reallocate more resources in jaan. ., , ., ,, japan. in other news, making headlines. — japan. in other news, making headlines, playstation - japan. in other news, making headlines, playstation has i headlines, playstation has announced it will /900 jobs globally and close its london studio which develops virtual reality games. it's bossjim ryan described the move as an incredible difficult decision, the tech industry has suffered a wave ofjob cuts, last month, its rival microsoft said it was laying off 2000 people from its gaming division. hong kong's financial chief his schedule to give its annual budget address

today. they will have some type decisions to make, struggling financial hubs are treated to face a deficit of nearly $13 billion. my colleague sent this preview. hong kong is still filling the malaise of a post— pandemic recovery and the impact of china's sluggish economy. its finance chief has described a delicate balance of boosting revenue and cutting spending. but it's already starting in the red as public spending outstretched revenue. backin spending outstretched revenue. back in october, city officials said that the physical budget and on the 31st of march could exceed almost $13 billion. the second consecutive year with a deficit. a couple of various that could be prominent in the budget — one big sector is real estate. property prices in hong kong ranked one of the most expensive in the world with the hong kong dollar paved to the us dollar, interest rates are at a high level. housing prices

have lost nearly 20% of the valley over the last three years. and that's keeping you potential buyers at bay. a further relaxation of property stamp duties could bring in new sales. but that would also lower the revenue for the city. meanwhile, property developers want the government to scrap its property calling measures, saying that has failed to provide the housing market. next, the stock market. which is losing its appeal in the region. some analysts say china's deteriorating economic performance is to blame. last january, india overtook hong kong as the world's fourth largest stock market as investors but on the south asia's red—hot economy. the business community will be looking for the financial chief to address ways to restore confidence in the financial hub. at the end of the day, for short—term and long—term prospects to improve, hong kong needs to get its physical house in order. now that budget

speech is scheduled for 11am local time, that zero 300 gmt and one more thing and we're also due to get hong kong gross figures for the fourth quarter and all of last year at the end of the day. so plenty to look out for here in asia especially coming out from hong kong. we will have more on that in tomorrow's programme, asia business report, if the numbers are due to prove something quite significant and we are looking out for those numbers as i mentioned. i'll be back in the next hourfor as i mentioned. i'll be back in the next hour for more business news for you on asia business report. bye for now. bbc news, bringing you different stories from across the uk. jack and his fiancee top of the waiting list is in finding a of venue are the

right suit, it's getting a new voice. y ., . right suit, it's getting a new voice. g ., ., , ., . voice. my normal computer voice is robot voice _ voice. my normal computer voice is robot voice sounding _ voice. my normal computer voice is robot voice sounding like i is robot voice sounding like out of doctor who.- is robot voice sounding like out of doctor who. jack, who has cerebral _ out of doctor who. jack, who has cerebral palsy _ out of doctor who. jack, who has cerebral palsy wants i out of doctor who. jack, who has cerebral palsy wants an l has cerebral palsy wants an authentically brummie voice to reflect his heritage and inviting people to volunteer there. they have been using his current communication aid which controls with his eyes since he was six years old. but that analogy has come a long way since then. he wants to be able to say i do and all the values as a human, at his wedding, instead of his robot. it's not a small commitment. the chosen volunteer will lead six — eight hours recording around 1600 phrases. so far, that about half a dozen responses. but he doesn't need to look any further, i think about a solution.— further, i think about a solution. �* �* ., solution. all right, i'm off at the right _ solution. all right, i'm off at the right to _ solution. all right, i'm off at the right to get _ solution. all right, i'm off at the right to get that. - solution. all right, i'm off at the right to get that. david, | the right to get that. david, that was rubbish. _

the right to get that. david, that was rubbish. get i the right to get that. david, that was rubbish. get out i the right to get that. david, j that was rubbish. get out of the right to get that. david, i that was rubbish. get out of my house — that was rubbish. get out of my house. ., ., , ., , ., house. from more stories from across the _ house. from more stories from across the uk. _ house. from more stories from across the uk, head _ house. from more stories from across the uk, head to - house. from more stories from across the uk, head to the i house. from more stories from across the uk, head to the bbcj across the uk, head to the bbc news website. hey, i'm stephen with the catch up. we're starting with the reality of young people and their drug debts — and a warning, you might find some of the details distressing. a bbc investigation has been told that some teenagers in northern ireland are being forced into sex acts to reduce the amount they owe. others are told to get involved in rioting, which can cut their debts by up to £80. we've been hearing from one person who started taking drugs at 11. we can't show his face for his own safety. i was afraid to even leave the house. did you tell your family, did you tell anyone? no. sure couldn't. so, how did you clear your debt? i stole money. you can watch the full documentary called drugs: in debt and danger

on the bbc iplayer. and if you've been affected by any of this, you can get help and support on bbc action line. some other stories now, and taylor swift's dad has been accused of assaulting a photographer. a video's going around of scott swift walking with taylor, who's covered by an umbrella, after her gig in sydney. a photographer says he was hit in the face. taylor's team says two people were behaving aggressively towards them. and songs by harry styles and adele could start disappearing from tiktok. it's part of a huge row with universal music group, which lots of big artists are signed to. the label isn't happy with how much the app is paying for its music. and we're going to leave you with ten seconds of a chocolate wonderland... ..or not. this is the willy wonka

experience in glasgow — it was supposed to capture some of the magic of the movie. but people were so disappointed, they called the police and demanded refunds. it looks like a bit of a disaster, doesn't it? you're all caught up — have a great night! hello and welcome to sportsday with me, will perry. coming up on the programme: six of the best for manchester city, five for erling haaland,

as they thrash luton to reach the fa cup quarterfinals. after an unpredictable and eventful few weeks, formula 1 revs up for a new season — we look ahead to what's in store. and we hear from the 100—year—old golfer who had a special message from rory mcilroy. good to have you with us. it was the erling haaland show at kenilworth road, as the fa cup holders manchester city cruised into the quarterfinals with a 6—2 win over luton. haaland scored five times for the visitors, hat—trick number eight for the norwegian in a city shirt. kevin de bruyne set up four of them for him. mateo kovacic scored city's sixth of the night. it's now 79 goals in 83 games

for haaland as a city player.