monday i will speak to jensen long, michael dell and bill mcdermott all at the same time.s -- to which one is your fate most closely tied? michael: we have a wonderful partnership with nvidia. they are the epicenter of anyone's approach to building out physical infrastructure for serving ai markets. that's a reality. will be for a while. michael dell, dell is an important partner of ours. we've required them to build infrastructure that incorporates the gpu's we use. we are working with many partners across the space. caroline: are you too dependent on nvidia? michael: ah. the world is dependent on nvidia. their technology is defining the space. we work with them because our clients demand the technology that they drive and deliver. caroline: not amd or others? michael: we look at all different types of solutions. our clients have clearly indicated for the time being the type of silicon they required to build products, the ai changing the world, is currently being driven in large part by nvidia. caroline: the share price reflects that. michael, thank you so much for coming

this is with him and a service now ceo bill mcdermott.tware for ai avatars. surveys assist. i asked jensen why the realistic avatar for customer service is important. >> the technology creating a digital human is not easy. the technology of having an ai that understands intention all of the things that we use a service now for. that technology, insanely hard, of course. ultimately at that intersection where you interact with the computer is going to be come more human as well. there are a lot of different applications. healthcare, customer service. all kinds of things. >> much more from bill mcdermott and jensen coming up in overtime. having to do with the growth potential from here and the industries that are taking advantage. >> i guess the larger question about the stock, john, is not so much about whether they can mimic a human perfectly with ai or whether there will continue to be this demand for their chips or is composition eating away at that? >> part of what we talked about is how right after the feds shut down the arm acquisitio

ron, lazard asset management we'll have more from sydney huang, michael del, and bill mcdermott.e were talk about the opportunity to end the global energy transition. what you focusing on? >> pretty soon this hall behind me will fill up with 200 delegates and exhibitors. the theme of this year's conference is delivering the new energy economy. australia's oil and gas loyalty be here. does seem like an oxy moron. they have been dealing with these theme. a carbon capture storage, hydrogen and the world of gas as a transition field. that fits from what we heard in government in the future gas strategy. part of the plan is to help australia become a critical minerals processing hub. that's going require energy. so there's a big role for guests here. prices are still very high. prices we haven't seen since january. the c.e.o. will give a speak in this conference a little bit later on. she's going to be hitting that theme. supply, supplying supply. i'll be talking to meg o'neil a little bit later on this afternoon. >> coming up, iran calls the election avenue -- after the death of thei

what jay powell did with the long rates >> right >> jensen is going to be on this afternoon with bill mcdermottt a servicenow event, and that will be very interesting. >> always. that's must-see tv >> are you of the mind that a lot is riding on the earnings on the 22nd >> yes >> unfortunately, yes. i don't want that to be, because if we get to blackwell, you're going to see a tremendous number of, you know, orders, but i think we're at that moment where if colette crest, who runs the call, not jensen, the fantastic cfo, if she's not a person who cares -- she cares about the truth. she does not care about the spin and there have been moments where she just, look, there's a glitch here, and right now, we're not accepting of that kind of a glitch. we're just never accepting of anything other than beat and raise. >> there are some, i think, there's a piece out today that argues meta, tesla, apple, we lost a few of the giants in terms -- in the way of strength in the mag seven stock rally hasn't been inter interrupted much >> now we found out, by the way, that apple had a great march in china. isn't

i think it's digesting because i think that jensen, in that amazing interview with bill mcdermott, jonve and well we heard rene haas yesterday on air who told a fantastic story about the industrial revolution, and the industrial revolution is on geez, arm is now up from the so-called disappointment amazing. remember what jensen is saying all computing has to change. everything that you have everything that you see is going to be going gpu. >> right >> everything. >> can you have an enterprise spending crush and a consumer slowdown at the same time? >> yes, i think you can, because the enterprise is a -- it's a -- these companies all act like it's winner take all, loser take none i mean, musk wants to do -- i don't know if you saw the piece, if he gets the vote -- this was the jonas piece i'm referring to -- if he gets the shareholder vote, he wants to go all in a.i., and he's nvidia. >> he's also -- musk also has his xai, which has raised, i think, $6 billion at an $18 billion valuation, all of which is going to be plowed right into datacenters chips, things like that. >> you got alpha

one of the things -- this wasn't necessarily during that period, but servicenow, we had bill mcdermotthe stock went down like 40 points. nothing had happened. it wasn't bad. a lot of companies were like that. i didn't think that data dog was nearly as bad as what people said, and data dog went from 138 down to $119 in a heartbeat. so, you have those. but those are the 70 times earnings, and those are the ones that i don't care for if we have rate issues. they really don't work. >> speaking of names with pes like that. wells with an interesting note on tesla today, jim. they reiterated underweight. it's called the dragon has awakened, and they say tesla's no longer the biggest disruption threat to autos. it's the chinese. >> well, i don't know if everyone saw the eunice yoon piece today. i thought it should be run continuously. >> this morning. >> it took her four hours to get the robo taxi. this was one of the most superbly produced pieces that we've ever done in the sense of, okay, you think it's now? ing up you think it's ready? it took four hours to get that cab. that is not what i