openai's coo brad lightcap going to join us next.up because we're looking at shares of ferrari. they've been revving higher but have tapped the brake as of late. y e ad thinks the stock is red lining and has an options play on it. tune in to our market navigator segment later today. power lunch 2:00 p.m. eastern time. >>> openai raising $6.6 billion. close of one of the largest funding outside ever for a private company now valuing openai at $57 billion. anyone joining us now, openai's chief operating officer brad lightcap. nice to learn you're a mets fan as well. >> that i am. >> i could spend the entire interview on that. i think the rest of our viewers might be a bit disappointed. you have a fairly large agreement as coo but partnerships are one of the key things you've focused on. i'd love to start with apple. what the relationship is in terms of your relationship with apple intelligence. tell us about what the partnership means for openai and what apple will get out of it. >> great to be here. apple's obviously an amazing compan

colleagues will special to brad lightcap, the coo of openai today.hat is happening half past three british summertime. >>> the eu and china are set to negotiate on tariffs after the adoption of the tariffs on the chinese made evs of up to 45% on friday. chinese state media said the plan threatens to undermine decades of cooperation and dangerous climate goals. germany voted against the measure. its automakers expressed anger. the vw ceo said tariffs should be invested in the eu. and oliver blume said it is a fatal signal. we have our latest guest, rico with us. good morning, rico. is this really a fatal signal for the european auto industry? >> it is a sign that something is change in the market. the import leavies lead to a higher price and the germany are aware of their position in china itself in terms of car sales there. they also mentioned the global competitive position within the open market and global supply chain. they are clearly weary of the adverse spiral of action reaction out of this. >> yeah, but did this create the business case then

here's open aicoo brad lightcap on the partnership with the iphone maker. >> it's the first time thatwe're going to have ai really start to integrate into the device. you know, you think about how people have used ai to date it's mostly been accessing it through apps and you know, really, really simple services and for the first time now you can do really, really interesting things on the device. so you can take a picture, for example, through the camera and actually have chatgpt understand what's going on in that image and that's the thing that will create tremendous value for consumers. ♪ ♪ (man) look at this silly little sailboat... these men of means with their silver spoons, eating up the financial favors of the 1%. what would become of them when they discover robinhood gold allows others to earn their very liberal rates on idle cash, unlimited deposit bonuses and handsome retirement matching? they would descend into chaos. merciless chaos. (vo) what does it mean to be rich? maybe rich is less about reaching a magic number... and more about discovering magic. rich is being able t

>> i spoke to brad lightcap, the coo yesterday. >> i loved that interview. >> there were a number ofnteresting takeaways. but, of course, as they move the model, 4.0, where you can ask questions and the compute that has to be behind that. well it comes to one conclusion. take a listen. we don't have it ready -- sorry. >> well, what if -- >> now, it is ready. take a listen. >> for the first time, you've got models now can use commute when you actually ask them a question. the more they can think, the more they can use compute, the better the answer gets. much like a human, the more time you think about something better the output is going to be. we believe that paradigm is completely different. completely different implications for our infrastructure. completely different implications for how we scale compute. >> give me more. what does that mean for compute? tell our viewers, does it mean you need more or less? >> we think we're going to end up needing a lot more. >> there it is, a lot more. we need a bigger boat. >> no, this is a really important interview. >> yeah. >> what they're

. >>> by the way, speaking of a.i., we've got openai coo brad lightcap will join us here on monday morning you. carl and leslie will >> we'll be here. >> yeah. continue to cover these markets ayitusonhifray st wh when you're looking for answers, it's good to have help. because the right information, at the right time, may make all the difference. at humana, we know that's especially true when you're looking for a medicare supplement insurance plan. that's why we're offering "seven things every medicare supplement should have". it's your free, just for calling the number on your screen. and when you call, a knowledgeable, licensed agent-producer can answer any questions you have and help you choose the plan that's right for you. the call is free. and there's no obligation. you see, medicare covers only about 80% of your part b medical expenses. the rest is up to you. that's why so many people purchase medicare supplement insurance plans like those offered by humana. they're designed to help you save money and pay some of the costs medicare doesn't. depending on the medicare supplement plan