right, sharpie, as more victims are found in remote areas, freezing conditions are hampering rescue efforts. but an international relief effort is gathering the mental you're watching digital even use statement, beardsley is up next after a short break with your business news. and if you need more news information, there's plenty more in our website, www dot. com. and don't forget our youtube channel and follow some social media, twitter and instagram that they handle there is dw use for me and the team here. thanks for watching. take care. again to talk the next hour is just your thoughts, say what grade will be fine. with

just a click away. find out basic documentary on you to read that morning. see the world as he's never seen it before. describe now t d w document training. with a microsoft moves ahead with a i chat, darling chat, g p t analysis plans to incorporate it into a search engine and browser. we'll look at how the race for a i driven web apps is pushing companies to act fast. also on our show, it's been 61 years of the u. s. program fargo on business cuba look at how to

change lives and livelihoods on the island nation. i'm seeing basically in berlin. welcome to our show, the race for new a i driven web applications continues to heat up with microsoft announcing tuesday, it plans to integrate the a. i powered chat g p t into its search engine, bing and web browser edge. the announcement comes a day after google and by do both announce coming launches of their own a i driven chat box named bard and ernie bought respectively. microsoft was an early investor in chat, g p t and hope's the a. i. technology can help grow beings market share against liter. google search will den ives as a tech analyst and investment firm. why? but she joins be for more. dan shares and microsoft and by do both climbing to day after that news of their own launch is coming up. is it fair to say that investors believe that these a i powered web apps are more than just gimmicks of they represent true,

valuable advancements for these companies. now look, i think it's an a i arms race that's happening right now. microsoft reading that raise job. i do hear clearly a major announcement there from the china side. i didn't. this just speaks to what we're going to see in big tac. everyone's aiming in this race. it's a trillion dollar market, a significant shot across the bow from the dell and microsoft today. is there any concern that these companies are moving too fast? for example, we know that there are some loose and hallucinations that happen with chat g b t. that that means that it sort of makes things up. other questions today during microsoft's presentation about how accurate these responses would be that they would be put into a search engine. now, is it possible as companies are moving too fast? yeah, look, i think anytime it typically happens too quick, there is some regulatory security issues. could be clear, i mean in chad g, b, t, i mean we're talking probably the most advanced technology period that we've seen.

so this is significant in terms of change in the game for microsoft for big tech. i mean, if you look at google, you look at others, now they gotta keep up with this. i think it's significant in terms of what we're seeing you with this really being the new area of innovation. you said microsoft leading that race and early investor and chat, g b t. now incorporating it into several applications. where is google all this in all this? is it really so far behind? but i think and it's rare, i think google is significant by scale one to 10. if chad g, b, g is call it a can, google is probably a 3 or 4 today. and now they have billions and billions are going to spend played catch up with barton some others, they own search. but clearly, microsoft now she's going to start to now that gap and this is a game changing technology that really not just other tech players reading was sheets watching the course i was maybe to 3 or 4. where's meta and all of this?

they're kind of somewhere in the middle. i think the, you know, they've obviously arkenberg significant invest in met averse. and you look on the artificial intelligence. i mean, they've dove into the pool, but not too deep. and i think they're still trying to figure out where they play. and i think for matter, this is a fork in the road in terms of how aggressive they're going to go down this path. because you see going to be arms roots more as he billions and billions spent in terms of big tech boats in the u. s. as well as china, or ident ives, that investment firm wed bush, talking about that a race. thank you. stood out of some of the other global business stories, making headlines, legislators and the german state of hassan. want berlin to stop is ill. frankfurt. han airports were russian investor, pharmaceutical billionaire effect or care. a tonin has signed a deal to buy the insolvent airport care torn is not on the you sanctions list, but has reportedly strong links to florida. a futon,

russian business dealings in europe are facing heightened scrutiny due to the ukraine war. anti corruption monitor transparency international says more than $50000.00 properties in britain are owned by anonymous investors, including some with close ties to the kremlin. that's despite laws seeking the stop dirty rush in cash after the invasion of ukraine. the buildings are worth more than 7000000000 euros and include many luxury homes or joint delegation from france and germany continued its efforts to soften the blow of major u. s. climate legislation on tuesday meeting with treasury secretary janet yellen to discuss the inflation reduction act. that law provides $370000000000.00 and incentives the companies located in the u. s. here's what german economy minister, robert ha back said to day. standing next to him is french economy minister, bruno lemaire, and also the understandings mucho, that you meet the economic security that we have to overcome the

dependency on raw materials, critical minerals, and also some green products. and therefore, we have to create our own industrial standards and serenity. so this is a mutual interest of europe and the u. s. and to make this mutual interest becoming a strong partnership, we need to solve some problems. we, robert, has mentioned some concrete items. the idea behind it is that a strong green industrial market in the u. s. and a strong green industrial market in europe will help each other that we boot to green bridge over the atlantic and help each other. because the goal is the same. fighting global warming and creating a new industrial resilience and industrial independence in a way for a german economy minister, robert havoc they're speaking in washington. over to wall street,

travel dependent companies are reporting spikes and sales and profits assigned that tourism is recovering, is global coban 19 protocols, ease sales for trips and luxury cruise line. royal caribbean shot up 165 percent higher than pre pending levels. that sequence of companies, 4th quarter results, the shares for car rental company hertz, rose after posting 4th quarter earnings, that beat expectations over dns quarter in new york. a yes, let's start with a cruise industry reason to believe that it's on the rebound after this incredibly tough pandemic period. now clearly a business is spec, and mr. just mentioned in the past quarter bookings were even higher than a pre, a pandemic, a level not. everything is picture perfect yet. royal caribbean, still posted to a quarterly loss of about $500000000.00, but that was a far cry from the loss of about $1300000000.00

a year earlier. so the path is right, and obviously people want to spend money for experiences sent the crews industry is definitely profiting from and that trend to the stock of royal caribbean, by the way, here on the floors in york stock exchange up a good 7 percent. and that used a session i so we're seeing more of an appetite for travel. however, just yesterday you and i talked about falling savings among us consumers. should that not be a concern for these companies? it definitely is, sir, and it is, sir, was in a consideration also offer management. we heard from the ceo of royal caribbean for example, that he is cautious, especially because some of the ex macroeconomic trends, some enter in buyer men. gibraltar, we have to wait and see that, for example, what happens with fuel cries the so under, on the cost side, they could also be a some, a pressure um on the industry. but having that set at the moment, it really looks like, like, for a voice, the pedantic, i mean, not gone,

but getting a better that people are looking for experiences. so they see where they spend their money. so not so much for goods any more. but for experiences like travel and said something where the entire industry at profits from we saw that was the numbers from hertz. we recently saw that was the numbers from the big airlines. and now we also seen it was the cruise industry. so at least for now things are looking at promising your i'd people have to save money, but obviously they're safer on $1.00 and but still spend it when it comes to travel . ryder finance course money ins court in new york. thank you. was 61 years ago to day u. s. under president john f. kennedy imposed embargo on all trade with cuba. the island nation ruled by revolutionary fidel castro on the policy, help fries many aspects of the cute human economy. and has driven hubert anger against the us. as was anger against his own government,

the stakes for this game are unusually high. these young athletes are competing for a spot to play in the little league world series in pennsylvania. it's a shot at eventually making a life for themselves in the us. the boys weren't yet born when the us imposed an embargo on cuba, but they and their families live with the economic impact every day. for some, this situation is particularly dire. like for this mother who's living with cancer. again, whine merely coming to. there are no medicines here, not even pain killers. okay, there's no food, not even the food i should be eating. there are days when i have nothing to eat. i don't see any future here for me or whatever time i have left to live, whether it's 2 years, 3 days a month, i want to live it with dignity. the u. n. as estimated that the embargo costs the islands a con, me $130000000000.00. land is cultivated by oxen or soviet era

tractors, because equipment with us made components cannot be sold to farmers here. raoul castro's communist government blames the u. s. but critics say it's the country's economic model that is at the center of the crisis. earn system. it's a failure. i mean, we'll never deliver what the cuba ah, people needs, ah, then engage in, in a systematic, serious latigion reform of i'm not calling border, you know, shock therubi ball garage also stated reform is also possible on fuel nits. it for many gradual reform is not quick enough. so they form a queue in front of the u. s. embassy and havana, hoping to gain a humanitarian visa. and a new economic reality is are moderate. top is the story.

microsoft plans that integrate the a i powered chat g p t into it search engine bing and web browser edge. denouncement comes a day after google and by do both announce coming launches of their own a i driven shabbots named bard and ernie bought respectively well, that's our show. you can always find out more on line d, w dot com slash business for also on youtube or the d. w. news channel. i'm seniors in berlin, water proof. in a globalized world where everything is connected, all it takes is a sport. to set things in motion, local hero show out their ideas,

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