government run out of money within days, the bill now hits to to send is coming up next to your business off days. we've kind of focus in that softer so frank is warranty? don't think dot com can follow as to on social media. i'll handle there is that dw, i'm jared radian building. thank you so much for the i sorry, 7 or 6 times to please come and see more people than ever on the worldwide in such a better price than mine. and one great tommy question is very hard to say very difficult, john to find out about simon story info my grands profiteering

instead of responsibility. the global business of asbestos. this is not a legitimate business. the people that are in don't deserve to be treated with any kind of courtesy by the governments of the world. the never ending story of asbestos starts june 21st on d, w. the a trillion dollar company that's capitalizing on the ai revolution in videos market value source on rising demand for it ships. c o jensen, juan declares a new era of confusing. we ask what impacts the us china ship port quote have on his business. also coming up insurance against destruction, the white home owners in the united states are facing. i welcome james premiums,

business dw, business on k. ferguson. thanks for joining me. us tip maker in video has briefly at least joining the wrongs of a trillion dollar company, putting it in the same category as a whole. amazon, microsoft, and alphabet grease. the search in value which sort hit the trillion dollar mark for retreating again slightly comes just days after seo jensen, juan appeared at the coffee tex trade show and type pay, where he describes the industry as being at a tipping point. it is primarily known for its high powered graphics cards for gamers, but this here is market cap has more than doubles due to rising demand for a specialist chips for running a i. applications. here is how long describe where he believes the industry is at right now. this is really one of the 1st major times in history. a new computing model has been developed and created. we have now reached the tipping point of

a new computing era. the rate of progress, the rate of progress, because it's so easy to use is the reason why it's growing so fast. this is going to touch literally every single industry. now in video as me, he eric wise comes against the backdrop of an escalating chip war between the united states on china, which has seen washington and post export funds on us chips. earlier i asked the w correspondent kitchen lee, how in video ceo jensen juan views these controls to? well, he was says that the fat off from the u. s. would cause a numerous damage to american companies, because china is a huge and a replaceable market. is that businessman don't want to miss, so he urged us to be more thoughtful if they want to impose the restrictions and never on the estimate of china's ability to catch up with the rest of the countries

in. and also last time when the us in post, uh, the explorer depends on like, who trips on the, the end of the day are they just produce a substitute tiered with us slower plus testing speed. so i actually, i think they, it seems that they have found a way out of it. now you can in video market riley has also provided a booth to other tip makers which might surprise some people like a t as m c and taiwan and ask them out in the netherlands. maybe you can tell me a little bit about the relationship between these 3 companies i've had. the co operation might develop as a i takes off of the relationship is kind of very close to one. and the other, for example, m v d a as an expert in designing a chips. it relies on p s m. c to manufacturer of those shirts. but the p m se t as an a t s n c without causing intumescent machines cannot provide other

vendors ships as well. so that is where a s m l comes into play because a s n l provides high end machines to the market that other companies cannot provide a. so i feel like these 3 companies there are like a fleet in the triple and they make a good team in the semiconductor supply chain. meanwhile, us on you official top and holding high level talks aimed at establishing common standards on our special intelligence. lisa garcia arroyo is an as a professor at hong kong university of science and technology. she's been following those talks closely. at least this technology is racing ahead so fast. tut cvt is everywhere. ready? what tools do policy makers actually have at their disposal or no much. we have some general principles, unesco,

and good principles for um a i in a fixing that. but given the speed, as you said, of the development, not most of the fact that we are hobby, by now, not only check do the fee, but you know, full goals that microsoft buy do alibaba. um, and it's just not going to be easy to to basically develop standards that are followed by everybody. number one, i'm also that i, i can to the degree of development of all of these different types of dinner, the bags or platforms of dinner days. yeah. it's, it's very, very difficult. you should watch talk about how these algorithms actually learn. chattahoochee, basically have access to the entire text of the internet during its training phase last month, easily became the 1st company to bonded on the basis that that didn't comply with data protection. what is your take on that word? there? privacy violations there. the way i understand that we'll want to take the time

that we want more. a tory, i'm tempted to do was asked to, to, to, to follow these moratorium that was requested by the number of scientists, a scientist i. but the reality is that the problem is not the, the section. and, and the reason is that as far as we know, what he's, that's what chapter 2 beach as told as the imp, they relevant information which is the basis to train. you, right? you pointed out of the program at ease or um, basically an open access data, whether it's be could be the with them or you name it up please. 6, b and basically data sources, but all of them are on the internet. so that's not the problem or you may be a problem for us because the more about the privacy is the call that the toughness of that information is, is, is it, are these all 4 sources?

a how can we then distinguish between boston and as a fake news or, or, or you know, this information, no missing information in the ear at all. but, and this is a big, big question because i'm privacy in my view. now the u. s. on the you are talking about cooperation, but there's also been cold calls for a sort of a global framework for regulating a i have plausible do you think this, it that we started with you on us, which supposed to be easier than thinking about the regulation? i think already origin that's are different because so you're right in point that we need to and probably it's, it is not the only what we want to take time for. better understand this technology to and to, to figure out how to 1st possibly be better be ourselves and not depend only on the us once again. and also make you comfortable with the number of, of,

of principals in data. privacy is certainly one, but not so much on the input, but perhaps in the output. i mean, well william 14 chapter b is that would be used by type d, b m, there just, there may be at the privacy, they the privacy issues. so we make time the us probably, maybe the government needs time, but the companies don't want to give time because they want to develop faster than the most obvious competitor. we just china. so that's why i seen the incentive structures. that's not really much, even between the us and euro, let alone a try. not any strategic competition for global technologies in germany. we, they, us, and there certainly is time pressure there. these, like i said, are all right, thank you so much. thank you. snatches on with the other double business stories making news. china's economic re band appears to be losing steam, according to the official manufacturing purchasing monitors index factory outputs

franken may export. so for the 2nd month in a row, over all the worlds 2nd largest economy is staging on on even post ponds and recovery with services out performing factory activity. turkey is economy, expand a 4 percent and the 1st quarter of the year that's according to the countries official statistics agency. the growth can partially be attributed to the availability of cheap loans which have different consumption. the layer as rapidly decreasing value has also made the countries exports. more competitive. putting suisse is being deal asis from the new york stock exchange for no longer amazing the criteria. the financial firms share price crumpled off the collapse of 3 us regional bank. fred fears it would be next. the banks upcoming sales and u. b. s is however, expected to resolve the issue. japan has passed

a new law that lives nuclear power plants to operate for longer than 60 years to pop. so 6 decades life limit of a plant operators will need a special permit from the government. deposit con, the ministry set the new little aides to insure a stable supply of sustainable electricity in the future. now in the united states, an increase in extreme weather events has led to a search in the cost of home insurance in coastal areas. in particular, many residents are facing huge bills to protect their property. our reports and modest police month traveled to the southern states of louisiana where he met people who still scarred by the memory of hurricane katrina are now wondering if they can afford to insert themselves against the next natural disaster. as we traveled to the south of louisiana, new orleans musicians village was built for those who lost their homes to hurricane katrina. here we meet george ang meyer. the de jane audio engineer was

shocked to get news of a hefty increase in his homeowners insurance. while i got an email recently informing me that i needed to look at the new documentation because the insurance rates were going up and i didn't realize that they were going to actually double like maybe to the cost of insuring private residences has soared in many coastal states recently a meyer took the facebook to vent his anger at the rising rates. more than 160 of his friends describe similar problems. we travel further south from new orleans passing the oil refineries that straddled by hughes and wetlands and houses nestled between the gulf of mexico and the mississippi river. here it becomes clear why people and louisiana are more likely to a flood insurance than residents of any other state. flood insurance is provided by

fema a federal agency. there recently changed it's methodology. now, houses that are raised above ground are cheaper to insure, but not everyone can afford to elevate their house. we meet can a birth solid, me and his brothers, who saw little help after recent storms, they making a price raised just by forcing people to go up in air. you know, so everything is, and they told you at the moment, but what the prediction is down the line. so i don't want to feel as fair and i'll feel as you know is right on the, on the stuff, the nature for homeowners. there's little relief in sight. the insurance industry faces an additional problem re insures for the insurance for insurance companies are raising prices by up to 100 percent or not follow from me from where you can always check. i had to delete the comments slash business for me, and the entire team here is by taking the

break from the a vacation ending in tragedy. tens of thousands of ukrainian children were taken to russia from a vacation camp on crime, a sign to change the identity, the culture routines, abductions, how is russia stealing children from you? free on dw, the soccer is many colors and the children in this mountain village to note of the color of her favorite sex. this tradition to prevent her from to go into games at play and insurmountable obstacles. the little girl would fall on

45 minutes on d, w, or sports, all of our scoring. we say they were about never giving up sports flies every weekend on d w. the frames are fighting it, suspension against russian aggression. a desperate yet determined battle for the right to the side, their own future. and yet, as they do so, part of the future is already in russian hands. the trying to change the identity, the culture. it's very easy when you showing them 1st killing the parents 1st.