what lies ahead for artificial intelligence industry, with the incoming administration of president—elect donald trump? hello and welcome to business today. i'm steve lai. let's begin with our top story — the bribing allegations facing adani group in the united states.according to reports, the us securities and exchange commission has issued summons for indian tycoon gautam adani and his nephew sagar adani.they are accused of engaging in hundreds of millions of dollars in bribes, this comes on top of criminal charges brought last week by federal prosecutors against mr adani. professor nirmalya kumar from the singapore management university says there is little chance mr adani will be extradited to the united states. india has an extradition treaty with the us but i suspect this government in india is going to be very reluctant to hand over adani to them so i think in the

short run, i don't see how they can get to him or his nephew. how significant is this then in relation to the criminal charges brought against adani last week was good this is a very significant thing, i'm not downplaying that and the fact of the matter that legally, india may be have put pressure on to release him to the us authorities but you have to remember that we are in the midst of an administration change in the us and it is not entirely clear that donald trump, the incoming president, will be pushing on this is one of his things that he would like to get done given that he relatively has a good relationship with narendra modi and has previously in his own interviewed said that the main act which with _ interviewed said that the main act which with they _ interviewed said that the main act which with they are - act which with they are charging him hampers us countries.— charging him hampers us countries. ~ ., ., ., countries. will have to wait what happens _ countries. will have to wait what happens when - countries. will have to wait what happens when the - countries. will have to wait - what happens when the trumpet demonstration takes over the white house with regards to this then. broadly speaking, what are these us charges doing

to the adani group? the? what are these us charges doing to the adani group?— to the adani group? they have had a significant _ to the adani group? they have had a significant impact - to the adani group? they have had a significant impact on - to the adani group? they have had a significant impact on the adani group. there are two aspects to it, the international and indian operation. the international operations have probably come to almost a standstill, especially kenny had already decided they would run age on all their dislike renege on all the contracts. their ability to raise money outside india a suspect has been completely closed on. also the foreign investors were not very keen on the adani group as investors because of decisions and this will put further dampen on that. with respect to the india operation, it is more interesting because the indian operations of the adani group are very substantial and they are very substantial and they are also very critical to india and the function of airports, ports, roads and so. these are really excellent assets that they own and are run by very competent professionals. i suspect india operations will see mine are.— suspect india operations will see mine are. given the scale ofthe see mine are. given the scale of the adani _

see mine are. given the scale of the adani group _ see mine are. given the scale of the adani group and - see mine are. given the scale of the adani group and familyi of the adani group and family business entities they are involved with, could this impact us india relations on a bigger scale? impact us india relations on a biggerscale? i impact us india relations on a bigger scale?— impact us india relations on a bigger scale? i have a feeling, this isiust _ bigger scale? i have a feeling, this isjust my _ bigger scale? i have a feeling, this isjust my gut _ bigger scale? i have a feeling, this isjust my gut feeling, - this is just my gut feeling, narendra modi and trump will be very careful to make sure this is limited to the adani group and not spill over. because remember, india right now is a very important counteract to china in trump and us strategy. i think both countries feel and india needs the us for countering china to some extent. both countries have a self interest not to let this go into other parts of the relationship and sabotage it. turning to the artificial intelligence industry, nvidia bossjensen huang says he believes that global cooperation in technology will continue under the trump administration. he was speaking after receiving an honorary degree from the hong kong university of science and technology over the weekend. i don't know what's going to happen with the new administration, but whatever happens, we'll balance simultaneously

compliance with laws and policies, continue to advance our technology and support and to serve customers all over the world. we'll continue to do that, and we'll be able to do thatjust fine. al was also in focus at the recent g20 summit in rio dejaneiro. at the gathering, chinese president xijinping — said that the industry shouldn't be "a game of the rich countries and wealthy". many analysts took his comment to be a stab at the us which currently dominates the sector. technology analyst mark einstein gave us a closer look at the us—china ai battle. he started by laying out regulatory environment companies like nvidia could face, under the incoming administration of president—elect donald trump. jensen should be very happy with the trump administration with the trump administration with elon musk as his new right—hand man who is bullish on al. i think regulatory wise in the united states it is

going to be much more laissez faire which will benefit him in his chip—making endeavours are. what does that mean them for china? we know the us is currently preventing access to china for certain ai chips, what do we need to understand about the battle for al dominance? this about the battle for al dominance?— about the battle for al dominance? �* , . . , dominance? as far as the battle noes, dominance? as far as the battle goes. the _ dominance? as far as the battle goes. the us — dominance? as far as the battle goes. the us is _ dominance? as far as the battle goes, the us is very _ dominance? as far as the battle goes, the us is very much - goes, the us is very much winning so farand goes, the us is very much winning so far and i'm sure that the chinese leader has taken note of, his comments to me that he wants more balance and equity makes perfect sense to me. be and equity makes perfect sense to me. , ~ , to me. de think we will see more protectionist - to me. de think we will see l more protectionist measures when trump takes to the white house? i when trump takes to the white house? ~ ., , house? i think that is quite likel . house? i think that is quite likely- my _ house? i think that is quite likely. my company - house? i think that is quite | likely. my company believes that some sort of tariff will be enacted. the full extent of that we don't know because we also have to remember a lot of american chip—maker like nvidia are very reliant on china as well so i don't think it would be anything like a total ban but i think there will be some of this tit—for—tat kind of stuff that we have seen in the last several years.— last several years. you think us and china _ last several years. you think us and china when - last several years. you think us and china when it - last several years. you think us and china when it comes| last several years. you think l us and china when it comes to ai will be more antagonistic or

confrontational but the ai industry from the us side of things will loosen up with elon musk also in trump's side because god regular tory wise, absolutely. john pastor walk a tightrope because a lot of these companies- tightrope because a lot of these companie tightrope because a lot of these comanie ., a' . ,, these companies that make chips have infrastructure _ these companies that make chips have infrastructure in _ these companies that make chips have infrastructure in china. - these companies that make chips have infrastructure in china. a . have infrastructure in china. a blanket ban is very unlikely but we will see more and more of this sabre rattling going forward. ~ ., ., , ., ., forward. what does it mean for oorer forward. what does it mean for poorer nations _ forward. what does it mean for poorer nations that _ forward. what does it mean for poorer nations that want - forward. what does it mean for poorer nations that want to - poorer nations that want to step up or get involved in the ai development, how do they get a foothold? it ai development, how do they get a foothold?— a foothold? it is going to be harder for — a foothold? it is going to be harder for chinese - a foothold? it is going to be l harder for chinese companies and i think diversifying their supply chain with countries that are friendly to them is something we are absolutely going to see in the near future. ., ., ., future. so going forward then, are ou future. so going forward then, are you optimistic _ future. so going forward then, are you optimistic ai _ future. so going forward then, are you optimistic ai is - future. so going forward then, are you optimistic ai is going i are you optimistic ai is going to be a balanced playing field? i think that it will be a balanced playing field but even within the united states, we see a very high cluster of dominance but i think the trump administration will let the market sort that out.

japan has signed off on a 140 billion dollar stimulus package designed to ease the inflation burden on citizens. the plan comes afterjapan�*s liberal democratic party suffered huge losses in an election last month, forcing it to function as a minority government.the stimulus includes cash hand—outs for low—income households, fuel subsidies, and help for struggling small businesses. countries at the cop29 summit in baku have adopted a financing target of $300 billion a year, to help poorer nations cope with impact of climate change. this is an improvement on the current contribution of $100 billion a year. however, developing countries have said the amount is insufficient for their sustainability efforts. streaming services have changed the way films are produced and consumed. and bollywood — the largest film industry in the world — is no exception. india's 2025 oscars submission, lost ladies, found significant success on netflix and is now seeking international recognition.the bbc�*s ritika gupta sat down with the film's producer and movie icon aamir khan, to discuss how streaming is revolutionising indian cinema.

i was a jury in a script competition, and that's when i came across the script, which i really loved. iwas, like, you know, "this film has to be made," and it really touched me. in many ways, ifound it... i mean, the kind of issues — it picks women's issues, but it brings it out in so much humour. and it has also a theme of males allying with some of the issues. so a lot of people say that the hollywood model is dying. big budgets, big movies, big film stars, and that that is because of streaming and that streaming is the future. would you say that that is the same case for bollywood? that group experience of watching a film in a theatre is very unique, and i think that that's... i'd be very surprised if that dies out. i also feel that ultimately,

you know, each platform has its own advantages. and, you know, you have to choose as a creative person which platform you want to use for which material. i think one of the main advantages of being on a 0tt platform like netflix, you know, gives you a world audience to watch your film. that's one of the big advantages. yourfilm gets much wider exposure, potentially, if it's a good film. theatrically, you have to release each country separately. but if you're on netflix, it's all over on the same day. i feel human beings have changed since the smartphone has come in. our ability to focus on any one thing has reduced, and i think that is the challenge that film—makers are facing all over the world today. aamir, i love the soundtrack for this film, and i know you have a very lovely voice. so can you sing us something? aamir sings softly

hopefully that singing has whetted your appetite for a bit more musical numbers. wicked is projected to have the top—grossing opening weekend of any broadway musical adaptation in the united kingdom and ireland, as well as north america.the adaptation of the hit musical is expected to rake in $114 million on its opening weekend in north america, according to data firm the boxoffice company. 0n on that musical note, it draws us to a close here on business today for this hour, see you again soon.

hello and welcome to sportsday.

the headlines... a valuable victory for livepool as they go eight points clear the top of the premier league thank to a mo salah brace at st mary's. four in a row — verstappen claims formula 0ne's world title under the lights in las vegas. and top of the world. rugby honours — south africa's peter—steph du toit wins for a second time and it's a first for england's ellie kildunne. hello there. welcome to the programme. we'll start with the premier league where liverpool are now eight points clear of manchester city at the top of the table after coming from behind to beat southampton 3—2 at st mary's. russell martin's side may be in trouble, with just one league win so far this season — but they didn't make it easy