hello, this local semi conductor production. well here about the time when you strip makers, p. s. m. c's plans to open shop in germany. this is take over your business. i'm of the xena. welcome to the show. tech guy and microsoft and google reported better than expected earnings in the 2nd quarter of this year. google parent alphabet announced a 7 percent revenue rise. microsoft earnings rows even more by 8 percent. only last year, the tech companies had embarked on a major layoff and costs cuttings free. since then both have invested heavily to develop and deployed a i tools into some of their core products. for more on this, i'm joined by chance called to on wall street and what role that the new a i tool it's play for google's and microsoft profitable quarter, where let me not the official intelligence security was clear incentive when it comes to the questions from an analyst and both companies stated how important it

is and especially how important it will be in the future about having that set a i as not. it test call at this moment. i think uh the head of, uh, microsoft such and such a dell out, put it best when you said it will take time before you really will make money. was artificial intelligence. and until then it will cost a lot of money to implement the system. so i guess that is what waltz be, then everybody should be aware of and is type in going on and yes, but it will take time and cost a lot of money until we get there, but to really make it. and because of all right, so briefly does this mean that layoffs and cost cutting is a thing of the past, or can we expect to to so continue well, i would say that we might see a different job, a profile set. some of the company is meaning that some people actually from the past, so to speak, that might still be laid off for them. and then also a lot of those tech has good tech companies and have hired

a mess of people as on the end of this uh, recently and told me some tech designs that were um, hiring people uh, or were collecting uh, workers to like put him on a card, so i believe there still will be somebody else, but they will also be hiring on the other side specially comes when it comes to those a eye drops. yes, thank you very much. toby waltz is chief scientist at the institute of the university of new south wales. i asked him which of the 2 companies microsoft or google is winning the iris currently? well, uh, microsoft took uh the least uh, partnership with the company behind charge. the bt suddenly test posing, put me into the search for a place and google play catch up they, they had to follow up with their announcement. the equivalent strategy between both of these members has jesting, perhaps the to be quite well in the game of catch up. now, over the past months,

both google and microsoft employees have actually raise concerns about launching a i chad spots. nevertheless, the 2 companies went ahead. what are the concrete dangers here? that's an excellent question. there's definitely some immediate concrete changes that we can see here. things like misinformation, people are already being scanned by people using these tablets to generate content fishing e mails and the like. i'm very wary. what's gonna happen in the upcoming us presidential election and these sorts of tools of the perfect tools to manipulate how people are games of birds at speed and scale, and a very visual cost. so we really do have to worry about drawing these tools in a more responsible way. now heart companies reacting are these 2 companies reacting to these very concrete dangers and, and worries this. so the

a lot of pressure on them to react to these things. otherwise, as, and this is the proposing some old tree codes, the google or microsoft have just announced a new partnership, the frontier model for where they're actually going to work together alongside of, and i, i know tropics to these stuff that the, providing these nice things, products to look at how to try and do this more responsibly and, but you do have to ask the question that said this before they said this about social media and with the we're gonna have to be more forceful in the regulation of these companies to ensure that the commercial pressure, huge commercial pressure, we talked to you about trillions of dollars of value being christ here doesn't override the homes that might otherwise happen if they deploy these things to, to quickly without the appropriate safe jobs. right. so in the future, we'll have to be careful that green doesn't override face the what positive things

can we expect from a i to come in the coming years? so are many, many positive things. i mean, with this live we are in this race, is the, this going to be mintz value, crated the reverse studies. the estimate is great to grab the welds ged by 15 percent. we face a know, a huge number of problems. the climate. and i can see that we see side of the television screens every day. we see the still, the ongoing pandemic. aust, intelligence is going to help us tackle many of these problems of new drugs to be discovered recently we sell skeletons, we can help to, to try to use the pilot in a more sustained way using these rates. so it was a lot of the challenges that they products that it was to offer great potential to help us live healthy, a logo, happy to well see a lives good. no, to end on toby walsh. thank you so much for speaking to us. was pleasure. germany, we'll spend 20000000000 euros to support the development of local semi conductor

production in the coming years. the money will subsidize project from companies such as intel and tie, we need to make r t s m c, germany. and so create a more stable supply of computer trips that with sense political terminal in east asia. bloomberg report says the government is in the final stage of negotiations with d. s. m. c. to set up a manufacturing plant in germany. let's bring in dw type a bureau, chief to, to hon. now, as to how concrete are these plans between taiwanese chip makers, p s m c, and the german government to build a facility here in germany as well. um, marie, from the sources we have to use empties investments, you know, 12 inch wafer 5 in progress than in the process of finalizing negotiations with the german government. ts mc could get up to $5000000000.00 euros in subsidies from the

total $20000000000.00 euros and subsidies to related companies. the german government will allocate grants from the climate and transformation funds to german local and international enterprises in 2027th. the main purpose is to promote german semiconductor manufacturing and ensure the supply of key components in times of pricing, geopolitical tensions. right, so even looking beyond germany, t s m. c has been moving parts of industry abroad, for example, by opening a plant in arizona and the united states. and how far has its global expansion been successful so far? well, ts empties willingness to go further to set out. factories in europe is mainly due to the fact that the european union and jeremy has seen of ts mc is high efficiency expansion plans in the us and japan. and the 2 countries are speeding up the realization of their semiconductor manufacturing plants. so they are more proactive

in negotiating with the s m c and have initially agreed to the condition set for spike. yes m c. and that is why these countries, including germany, are willing to guarantee the acquisition of land tax incentives and water and electricity exemption, etc. so most people look at it was see it as a very successful move that was dw type, a bureau chief to its own home. european countries are locked in a race race to ditch oil and gas to heat their homes. and denmark is making wave, the inner city on the north sea, a swapping fossil fuels with the ocean, cx population will soon keep their homes with sea water. this is cindy, will see in the future. this will be with the danish city of espia sole sees its energy. sieboldt will be pumped by underground pipelines to the utility companies. clowns at about 14000 cubic meters,

an hour here that just completing the assembly of a huge heat pump manufactured by m a n energy solutions. wind will generate the electricity needed to run the system that will provide the city with heat. heat exchanges transfer about 2 to 3 degrees celsius of the world from the sea water. ultimately, the water inside the city's district teaching network is heated up to a temperature of 90 degrees. liquid carbon dioxide circulating in the heat pump is warmed up by the sea. water vapor rises, the c o 2 is then compressed further increasing its temperature. wind farms of the danish coast provide the power to operate the compresses. most of the circuits in the city, especially on the hopper is wind turbines. so you can say this project with using a lot of electricity, windows and excess electricity helps us integrate more renewable into the, to the grid. it also enables us to provide c p,

so our customers would fail also. so happy about. so this is something in this, in the sense that the heat we produce when they make frequencies very cheap when we have a lot of wind and the prices here fall till close to 0. the project was this mom's idea the, the foundation in denmark is that we have at these 3 key thing system. so that was, is already, uh, the connection in the city. we can produce the heat at one place and distribute its to the so the houses all over the city. i think this is a very, very big explanation on why denmark is on the forefront on this screen. some system up to now, s b a and it's a $100000.00 residents. upward light on a coal fired power plant. now is district pete supply is going to run of green energy. but actually implementing the project was not without its challenges. very environmental obstacles in the projects we are here at the end. that is

probably we actually very close to a nature 2000 area. we go to units compared heritage area. and when we started talking about us, see also based heat pump. we actually are using the hardest, didn't really take that much interest in the machine itself, but they were very most interesting what, what happened with the civil war, and especially if that was a leak, it's all contamination of the sea water refrigerants. i'm says we spend an enormous amount of time figuring out in the meantime, those concerns being addressed and all parties involved hoping that the heat pump system can go into operation. this full and a reminder of our top story tech times microsoft and google reporters, better than expected the 2nd quarter earnings hosted by their investments and artificial intelligence. google parents also, but announced a 7 percent revenue rise. microsoft's earnings growth even more by 8 percent

and that's our show for more check out the com slash business and the need all the news youtube channel for me and the business team here in berlin. thank you for watching the, the, the

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