i think copilot is a useful but competitive colleague. and is itjudging us? microsoft says it's been programmed not to answer questions about how good we are at ourjobs. one of the things that we do behind the scenes is, when i ask copilot a question, we send a bunch of what we call meta prompts behind the scenes. you know, the very, very beginning of us using copilot, i could have asked questions like, "who's the least "collaborative?" mm—hm. and it would have answered the question, based on who didn't speak as much. but, ok, that's not really... that's an uninformed inference. if i said, you know, "was derek rubbish in that meeting?" it's not going to answer. right. that's right. yeah. so, exactly, because we'll provide... you know, again with those meta prompts, lots of little guards against those things. the boss of microsoft 365 is convinced jobs will evolve with the tech. with every technological inflection point, you know, there are newjobs created. i mean, 15 years ago, we couldn't have imagined, you know, such a thing as a social

look no further than copilot. copilot has been the most mature generative ai product. it has been a slamdunk and terms of developed productivity. -- in terms of developed productivity. it will innovate, maybe for an excel junkie, it will get excel copilot that makes my life of doing data analysis a lot easier over the next year. the name of the game is innovation and adding more features, not lowering prices. ed: the openai is going to be testing the azure 100. openai relies on microsoft not just for cash but compute credits. they also rely on nvidia and the badge of honor of that is complicated, it will see in the end who will win the computing more. caroline: a lot of friends and dealmaking. we heard earlier this week some are banking on microsoft injecting more money. we will let you get back to the conference. enjoy all of the conversations around generative ai. we thank you from the capital markets. when we turn to a peck, all the way san francisco, president xi jinping and president biden have apparently met face to face. details ahead. ed: we are looking at the

as cbs' kris van cleave reports, that copilot is facing a felony charge that could land him in prison. >> reporter: details remain limited, but while working as the first officer on an unspecified delta airlines flight in late august 2022, jonathan dunn allegedly threatened the captain they would be shot multiple times if the captain diverted the flight. the department of transportation inspector general's office says the disagreement was prompted by a disagreement over a passenger medical incident. dunn was indicted by a utah grand jury last month. court documents allege he used a dangerous weapon in assaulting and intimidating the crewmember. he was thoerzed to carry a firearm through the tsa's federal flight deck officer program. tsa says dunn has since been removed from that program. it was launched after 9/11 as an additional layer of security on domestic flight. >> drop the weapon! >> it serves as that last line of defense in case everything else goes bad. >> reporter: john pistol is a former tsa administrator. >> i think it's worth knowing for the bad guys even if they can get

the scary details after a delta copilot is accused of threatening the pilot with a gun that he had inkpit. why he was allowed to have the weapon on the plane. >> welcome to november. >> norah: it is starting to feel like winter a bit too early. we have the frigid forecast. schools out for tens of thousands of students in portland as teachers go on strike. what they are demanding. >> for the public schools, we can do better and we must do better. >> selling your home could soon get a little cheaper thanks to a new court ruling that could reduce the commission fees paid to real estate agents and radically change the way homes are bought and sold in this country. >> norah: some good news as you start thinking about thanksgiving. the price of turkey is down a lot. what about other parts of the meal? ensign celine dion's first appearance in nearly four years, the advice she gave to a hockey team in vegas. ♪ ♪ good evening and thank you for joining us on this wednesday night. we begin tonight with the rush to escape gaza for hundreds of foreign nationals including american citizens. who've

and hot microsoft security but then, they say the copilot all the time is a no-go.hey said that there's been too much time talking about how everybody, that microsoft copilot fits together with everything that was a little contrary to that view. >> to this research piece? >> yes but i do think that ignite ignited the stock again. microsoft's stock has been the best >> yeah, they are very bullish >> well, look, they're a smart company. no one ever thought they were a dumb company >> are they in the lead in a.i., microsoft? yes or no? >> you mean, after nvidia? >> yes i mean, on the -- more the usage case, not the backbone >> not the picks and shovels >> absolutely not. not even close absolutely >>> when we come back, we'll talk about this backlash against elon musk after his latest controversial posts on x ibm pulling its ads from that platform we'll get to some other names. csx with jim last night, big piece in the journal on el we'll talk oil, calls on roblox, expedia and airbnb ♪♪ we're not writers, but we help you shape your financial story. ♪♪ we're not an airli

. >>> a former delta airlines copilot is facing charges of her an alleged disturbing incident in midair. >>> a major tech business is expanding on the peninsula. the celebrations today. >>> daytime highs sitting 10 degrees above average as we kick off the first day of november but we have big changes and showers in the forecast this weekend. bounced from one doctor to the next. did they even send my lab work...? wait, was i supposed to bring that? then there's the forms. the bills. the 'not a bills.' the.... ”press 4 to repeat these options.” [chaotic music] [inspirational music] healthcare can get a whole lot easier when your medical records, care and coverage are in one place. at kaiser permanente, all of us work together for all that is you. we are grocery outlet and we are your bargain bliss market. what's bargain bliss? you know that feeling you get when you find the name brands you love but for way, way less? that's bargain bliss. it's grocery outlet's 20% off wine sale going on now through november 7th. we have hundreds of wines sure to pair with any gathering. so act now because

microsoft copilot debuting today, 30 bucks a month. will it live up to the hype?> i'm not sure that it will live up to the hype in terms of having staggering numbers come out of it. we've talked to others. the uptick is probably going to be slow as there's going to be testing it and beta testing it and what not. but we think thereafter if it delivers exactly as delivered, we think it will snowball incredibly well. >> give us a sense. there's about 300 million office users. who doesn't use xl, power point, et cetera. what do you mean by major revenue driver? does it increase office subscriptions or is it the fact the majority of these 13 million people, they're going to buy ai copilot? >> i think they could. kind of the way i think about it, they can pick and choose versus microsoft being the one-stop solution back in the day during the antitrust-ishsue era. they can play an indefensible part of i.t. budget, and i think if the productivity benefits afforded ai -- the thing about this, ai has been used in applications in business functions for quite some time now. t

the copilot of a commercial flight has been indicted by a utah grand jury for threatening his coworkerd be the captain in the cockpit, this allegedly happened in october 2022, the indictment reads after a disagreement about a potential flight diversion due to a passenger medical event, the copilot told the captain they will be shot multiple times if the captain is coworker diverted the fight, the transportation department that the pilot jonathan done charged with interference of a flight crew he faces up to 20 years if convicted he was authorized to carry a gun under program run by the tsa the airline or the flight was not named in the indictment but this brings a bigger issue was happening with our pilots, last weekend alaska airlines tried to shut down the engines of a horizon air jet mid-flight he was in the jump seat, we talked about the story. a bigger question are we screening our pilots enough, whether alcoholism or mental issues that these folks are having in the cockpit because obviously is a safety violation. we don't know the airliner where the fight was going just that the

because they didn't have the revenues right here from copilot, and here they're starting to come on. you had to buy microsoft on a weakness as we advised members of the cnbc investing club because eventually the company would be able to monetize investments. that's chase happening. nvidia doesn't report until november 21st, but it's been tough since it had the blowout quarter in the spring. the stock has been meandering aimlessly. here the huge number, and that is what's -- because it hasn't been able to break out, people are saying you know what? maybe it's finished. you're enduring all sorts of cackles if you own the stock lyle potential slowing or government banning ultra high chip sales to china. this was enough to shake out tons of investors, something you can't say about the other members of the magnificent seven, except for tesla. every time nvidia stock dipped, people fled. this is the stock i'm most asked about wherever i'm wandering the streets or when i'm leaving an eagles game. i think nvidia is still not believed. it was the last to be admitted to the trillion dollar clu

crucially, it will compete with other corporate chat bots including copilot by microsoft and duet ai by google. the tech giant also unveiled new ai chips at its annual developer conference in las vegas where taking the stage was the boss of nvidia, a sign of the deepening relationship between these two. amazon said that as well as its own ai chips, it would offer customers access to the latest chips from nvidia. why? amazon is trying to reassert its dominance of cloud computing and is hoping that this will give it an edge over its rival, microsoft. still in the united states where a chinese fast fashion shein giant has reportedly filed for an ipo. but a while ago tensions between washington and beijing made chinese share sales in america almost impossible. last year didi was forced off the new york stock exchange last year but that is now changing according to the blue shirt group which advises as nurses on how to list in the us and china. interestingly there has been a flood of chinese companies that are enlisting in the us and they have been relatively invisible because it is has b

crucially, though, it will compete with other corporate chat bots, including microsoft's copilot and*s doitai. now, the tech giant also unveiled new ai. chips at its annual developer conference in las vegas, where also taking the stage was the boss of chip—maker in nvidia, a sign of the deepening relationship between these two. amazon said that as well as its own ai chips, it would offer customers access to nvidia's latest chips. why? well, amazon is trying to reassert its dominance of cloud computing and is hoping that this will give it an edge over rival microsoft. staying with the us. where chinese fast fashion giant shein has reportedly filed for an ipo in the us. chinese electric car—maker zeekr also very recently started the process to sell its shares in america. but it wasn't long before when tensions between washington and beijing made chinese shares sales in the us seem impossible. remember, just last year, chinese ride—hailing giant didi was forced off the new york stock exchange. is that changing? well earlier i spoke to gary dvorchak from the blueshirt group, which advise

>> i think it is copilot. >> it is copilot. >> which is working. >> i'm ieplooking through my no, i had couple of conversations with owners that were positive. talking about what they believe is the enormous potential for copilot. you're going to price the thing at almost 30 bucks a head. you've got to have an organization that has at least 300 people in it, i believe, if i recall. just an expectation based on what we know at this point in terms of how it's helping productivity that it is going to be an enormous product. >> enormous. >> going to add billions in revenues. there does seem to be enthusiasm, certainly amongst those who already own the stock but trying at a granular level understanding the impact of copilot. >> other tech companies. what's amazing, david, this thing didn't exist a year ago. so microsoft numbers look like they were expensive, and then, boom, it turns out that microsoft's pe -- >> they do need to keep a lot of access to open ai and they have it. obviously played it pretty well last week, nadella. they've got to get on that board and make sure -- >> i'm very im

we can think about ai as the copilot that allows folks to be informed in their judgment. it starts with assessing the key parts where we rely on that fundamental ability to make good decisions and augment them as sort of a foundation point. yes, ai will show up in nondescript ways. recommend a song, that's pretty innocuous, but there are many places in the work we do where human decision-making matters. that's a great point around the legal profession, for sure. we want our judges and jurors to be human beings applying their judgment, so i think that analogy holds for all kinds of different professions, and i think about what is the outcome we are driving and if you think holistically about that, these are the places we need to keep people at the center. >> great. more questions? all right, i think not that i'm out of questions, but i think i will back off at the moment. i cannot thank you all enough. i think this has been so illuminating in so many ways, and i feel so optimistic. not that there are not serious risks that you guys have all laid out, and i am an optimist.

same goes for microsoft with the copilot platform, a product you pay for separately, being viewed as indispensable for sources i talk to. adobe is making a profit with it, may not be included in current earnings efforts. many others might follow with actual raised earnings from ai. again, i'm just trying to drive home the point that at this moment last year, last year, we had no idea that this thing could be happening, none. this tangible thing that would lead to earnings. we love microsoft. and those gains could be a loser because love disappears quickly. multiple expansion equals love. paying for higher earnings equals rigor, we have rigorous projections for ai, of course, not all tech smooth on ai. we had a glut of pcs. as so many people bought new computers for the home offices during the pandemic. we're now almost through the glut, which has led to steady rallies in the stocks afof amd, it's a huge upcycle and when it works, it works big. right now, it seems as though the semiconductor rallies are driven by multiple expansion. when we see numbers for pc related companies, i thin

it is a copilot friday.mportance of this announcement that microsoft is making where we actually do ai with a model marketed program for global corporations? what does copilot mean to microsoft? >> copilot is a ai tool that goes with your software package. in the case of microsoft, it is launched with their office suite which started yesterday, $30 per user per month. they are hoping the serious worker in the office that is probably somewhere in the 150 million 200 million people around the world that currently use the office suite will opt for that particular feature to help gain productivity. copilot can be used in writing software. it is a tool everybody has. they are the first to come up with such aggressive base. tom: what is your prediction on this? you nailed the cloud, you got a cloud view. what is your prediction on how copilot will do? >> in our view, it is going to be slow and steady because that $30 per user per month is a steep price. we think adoption rate is not going to be more than 5% in the

crucially it will compete with other corporate chat lots including copilot by microsoft and duit ai bygle. the tech giant also unveiled new ai chips at its annual developer conference in las vegas where taking the stage was nvidia, a sign of the deepening relationship between these two. amazon said that as well as its own ai chips it would offer customers access to the latest tips from nvidia. amazon is trying to reasserted dominance of cloud computing and is hoping that this will give it an edge over its rival, microsoft. give it an edge over its rival, microsoft-— microsoft. still in the united states were _ microsoft. still in the united states were a _ microsoft. still in the united states were a chinese - microsoft. still in the united states were a chinese fast l microsoft. still in the united. states were a chinese fast via giant has reportedly filed for an ipo. a chinese carmaker also started the process to sell shares in america but it wasn't long between tensions made chinese share sales in the us impossible. last year diddy was forced off the new york stock exchange last yea

my copilot in the iraq war.text about a year ago said "i am ashamed to have ever flown with you" because he doesn't like that i was telling him the truth against a man he loves who refused to tell them the truth. say that to get sympathy. everybody that's listening to this story has some experience like that that they can relate to particularly because thanksgiving is coming up and uncle ron is going to be tuned up talking about donald trump. >> stephen: we are going to slip uncle ron a few jellies, thc gummy's to loosen him up paragraphs take a break but stick around everybody. we'll be back with more congressman adam kinzinger. wi, get iphone 15 pro with titanium and save up to 40% on your monthly bill. transcend to a wireless utopia and experience america's smart network. with unparalleled coverage from three of the nation's top wireless networks. no trade-in needed to get iphone 15 pro with titanium on us. save up to 40% on your monthly bill and enjoy the latest iphone every year with unlimited wireless. a m

my copilot in the iraq war.out a year ago that said "i am ashamed to have ever flown with you" because he doesn't like that i was telling him the truth against a man he loves who refused to tell them the truth. i don't say that to get sympathy. but everybody that's listening to this story has some experience like that that they can relate to particularly because thanksgiving is coming up and uncle ron is going to be tuned up and talk about donald trump. >> stephen: we are going to slip uncle ron a few jellies, thc gummies to loosen him up. we've got to take a break but stick around, everybody. we'll be back with more congressman adam kinzinger. rufus hates being stuck inside. [dog whines] luckily, amy saved big at amazon. turns out, with the right gear, rufus rips. (♪♪) head & shoulders is launching something huge. turns out, with the right gear, rufus rips. the bare minimum. anti-dandruff shampoo made with only nine ingredients - no sulfates, silicones or dyes and packaged with 45% less plastic - giving you out

. >>> new details on the copilot who allegedly threatened to shoot the captain onboard a delta airlines flight. multiple sources tell cbs news that jonathan dunn was the plaintiff who unsuccessfully challenged the defense department's vaccine mandate . that case made it all the way to the u.s. supreme court. reporter steve large, on what else we are learning about the yuba county resident. >> reporter: from carpet to courtroom, a pilot on a delta airlines flight , now federally indicted for assaulting and intimidating the flight captain. that pilot, jonathan dunn, lives in rural marysville, and online records indicate this is his home. a department of transportation inspector general report shows dunn had a disagreement with his flight captain, who wanted to divert the flight due to a passenger medical event. dunn allegedly told the captain they would be shot multiple times if the flight diverted. >> it is surprising. >> reporter: california pilots association consul carl schleicher said he never heard of a case like this to the inspector general of it does not give the flight's origin

. >>> former delta airlines copilot now facing charges over an alleged disturbing incident in midair. prosecutors say the california man threatened to shoot a fellow pilot in the cockpit , if they diverted a flight to help a sick passenger. kris van cleave reports. >> reporter: a cockpit confrontation involving a gun midflight . a federal indictment filed last month, prosecutors accused former delta first officer jonathan donovan threatening to shoot the flight captain in august of 2022. the department of transportation's inspector general's office says dunn allegedly had a disagreement with the captain who wanted to divert the flight due to a passenger medical event. dunn allegedly told the captain they would be shot multiple times of the flight diverted. according to court documents obtained by cbs news, a utah grand jury indicted dunn two weeks ago on one count of interference with a flight crew. cbs news has reached out for comment. delta confirms dunn was working as a delta first officer on that flight when the incident occurred, but is no longer employed by the airline. dunn was

. >> it is copilot though copilot. >> love. >> again, it's early days. >> i was someone who bought it. >> you need to have 300 seats. you need to have at least 300 people using it to get a subsc subscription. >> you can trial it. >> 360 bucks a year, i assume it's discounted, but this would be one of the biggest product rollouts of all-time. >> copilot, i think the beginning of what david's worried about. >> those are people who owned the stock early. >> it's proven to be a force multiplier for those who use it as opposed to a way to be able to fire people. >> right >> force multiplier. that's my term and i really like it. >> no, i like that that make sense. in other words, a huge productivity tool. >> yes. >> but not -- right. you can just do more we don't get rid of you, we'll do more. >> people want to do presentations and they can do presentations for you that are flawless i continue to think that for our lives, if i want a summary of a company of what they're doing, it's easier to do chatgpt than go through the -- i'm also more useless because anyone can do that >> well, you look

and we are learning more about the northern california pilot accused of threatening to shoot his copilotflight, why this is not the first time in the spotlight. plus >>> he was full of energy and there was optimism, which was not his strong suit. >> the creato with nurtec odt, i can treat a migraine when it strikes and prevent migraine attacks, all in one. don't take if allergic to nurtec. allergic reactions can occur, even days after using. most common side effects were nausea, indigestion, and stomach pain. ask about nurtec odt. >>> right now on cbs news bay area, the arrest of a northern california pilot, now raising questions about why guns are allowed on planes. we are digging into the federal flight deck officer program. >>> and a u.s. senator accused of putting national security in jeopardy, why members of his own party now accused him of putting politics ahead of the nation's best interest. >>> and i look at downtown oakland right now, where the mayor is providing us with an update on the search for a new police chief. interim police chief darren allison has been leading the depa

from california has been indicted by a grand jury in utah, accused used of threatening to shoot his copilotnow, this happened during a flight in august of 2022. a passenger had a medical emergency on board and the suspect, jonathan dunn, threatened to shoot the captain if he diverted the flight. feds did not say which airline or flight this happened on, but dunn was authorized to carry a firearm on board under a tsa program. king charles and queen camilla in nairobi for a state visit today. apologize for britain's past wrongdoings against kenya's struggle for independence. >> we must also acknowledge the most painful times of our long and complex relationship. the wrongdoings of the past are a cause of the greatest sorrow and the deepest regret. >> king charles says by addressing what he calls abhorrent and unjustifiable acts of violence, he hopes to further the friendship between the uk and kenya. the east african country marked 60 years of independence this year. well part of our daily effort in building a better bay area is to share with you meaningful breakthroughs some high praise toni

spencer: you've met the pilot, now meet the copilot - - zoe's got her hands on microsoft's ai—drivenst want to pick each thing up, and... you can, you can. and we go blackberry picking to check out the new movie chronicling the origins of a legend. you said they were the best engineers in the world! i said they're the best engineers in canada. i for years, we've talked about how drone deliveries were around the corner. i think one of the main reasons that the idea of drone deliveries is in the public consciousness is because

from california has been indicted by a grand jury in utah, accused used of threatening to shoot his copilotw, this happened during a flight in august of 2022. a passenger had a medical emergency on board and the suspect, jonathan dunn, threatened to shoot the captain if he diverted the flight. feds did not say which airline or flight this happened on, but dunn was authorized to carry a firearm on board under a tsa program. king charles and queen camilla in nairobi for a state visit today. apologize for britain's past wrongdoings against kenya's struggle for independence. >> we must also acknowledge the most painful times of our long and complex relationship. the wrongdoings of the past are a cause of the greatest sorrow and the deepest regret. >> king charles says by addressing what he calls abhorrent and unjustifiable acts of violence, he hopes to further the friendship between the uk and kenya. the east african country marked 60 years of independence this year. well part of our daily effort in building a better bay area is to share with you meaningful breakthroughs some high praise tonigh

crucially, it will compete with other corporate chat bots including copilot by microsoft and duet ain of the deepening relationship between these two. amazon said that as well as its own ai chips, it would offer customers access to the latest chips from nvidia. why? amazon is trying to reassert its dominance of cloud computing and is hoping that this will give it an edge over its rival, microsoft. michelle fleury there. what's going on at barclays? on tuesday the unite union said that the bank is cutting 900 uk jobs as it looks to reduce costs. jobs will go across several back—office divisions, including compliance, finance, legal, policy, it and risk, according to unite. and the financial times is reporting that barclay's is is exploring a plan to drop thousands of clients at its investment bank as part of a strategic overhaul that is meant to boost profits and cut £1 billion of costs. live now to tom stevenson, investment director, fidelity. ba rclays has had barclays has had a torrid time and few ceos compared to rival over the recent years. what is happening now?— happening now?

model which played well for microsoft because they got the cloud consumption going and launched copilots off of that. they do not need to acquire the whole company. that is a huge acquisition. i do not think microsoft shareholders would want that to happen. even having 600 employees increases their operational costs and the r&d spend they have to do in terms of the headcount. i think it was going very well for them but this is something they had to do because of the sudden chain of events. guy: if this is about computing power and the cloud, where does that leave united states versus china, united states versus europe? these are huge productivity tools. these are things they can have a big impact in terms of military progression. i wondering what the evolution, if this is the new way of thinking about it, how does it plug in to the geographic breakdown of the ai story. mandeep: i think the foundational large language models has core ip and what openai has done is the fine tuning of models, the human feedback involved, which is very iterate of. that is the reason they did not open source

the deal went through with activision, launched 365 copilot. i think you will see this continue to take share and dominate. it is an obvious name, but i do not think you want to walk away from it at these levels. adobe is the unsung hero of ai, also a good management team. we play -- pay close attention to management. that is a little rich right now. service now, as i have talked about before, there was a beat beat and raise last quarter, and they have a great salesman that knows how to run the business. they're taking i.t. spend away from other providers because they are in a good spot of navigating cloud computing and generative ai computing. and then i bought apple after tim cook was heralded as no steve jobs, 2013, and we were adding to amazon last year. i think you can still buy it here. they have figured it out and have cut costs. and we are paying attention to the health care portion of their business, but the cloud business is still growing remarkably. i think that is when you purchase and put away. ed: you did not mention mark zuckerbe

tools that the copilots it uses to create different art.ll become more valuable as the treasure trove of creatives they own. >> we are expecting a 5% increase of sales over the cyber monday holiday. we get that number tomorrow. what does that tell you? does that give you sense of the direction of the market? >> not so much. i think we also expect black friday and cyber moneyday to do well in the states. it is more of the same knee-jerk reaction. we are following the same playbook as years past. i would not look too much into it. >> malcolm, your pick is adobe. cautious for rest of the year. we will wait and see. thank you. >>> thanks for joining us on "worldwide exchange." great to see you. we have "squawk box ownership c -- "squawk box" coming up next. you want to be able to provide your child with the tools or resources they need. with reliable internet at home, through the internet essentials program, the world opened up. fellas, fellas. that's how my son was able to find the hidden genius project. we wanted to give y'all the necessary s

spencer: you've met the pilot, now meet the copilot - - zoe's got her hands on microsoft's ai—driven we go blackberry picking to check out the new movie chronicling the origins of a legend. you said they were the best engineers in the world! i said they're the best engineers in canada. i for years, we've talked about how drone deliveries

he d didn't t have a copilot. he took a course over the ocean.ed. >> the weatherer fororecast t certrtainly sharares some blbla. >> y you take all of thesese f s together, and they ksnow ball t create this tragedy that killed jfk jr. and these two young women. >> you start getting plagued with these two words that always surrrrounded himim when hehe wae and certaiainly y now shadadow deatath. whwhat if? what if he hadn't flown in what if he had some other pilot take them? what if they had driven? what if, what if, what if? >> i survived the world trade center. i was one of the lucky people that survived. i truly y believe that that day people made decisions of turning right or turning left, and they were life-and-death decisions. do i get in an airplane at 8 8: atat night on n a frididay nigh flfly to marththa's vivineyard?? do i i wait t the nenext mornin? if y you t think aboutut your oe and the decisionons you make evy day, i don't think you could make anynybody feel l bad about fact t that he d decided t to g >>>> all w we knowow, three you p

the bing chat and copilot that is sold as an a.i. assistant that is based on open a.i.keep in mind, this is an interim ceo. altman did not return at open a.i. it still raises a lot of questions of what will happen with open a.i. and that it impacts microsoft's ability to develop other a.i. tools. >> important to know microsoft shares up 2% that news breaking this morning that they would join, sam altman and greg brockman. steve, thank you we will talk more about the future of a.i. and sam altman with jason ware. good morning thank you for joining us >> good morning, frank good to be here. >> i want to get your take microsoft shares are up 2% on the news that sam altman will join microsoft as an employee in the a.i. division there. as an investor, what is your take on what we are seeing >> so, given where we are in this development and as steve noted, it has been a wild couple days i'm not sure how much more i can add to what steve is saying. the reality is that, you know, microsoft is in a tough spot they spent well north of $10 billion in investing in open a.i. to have

i integrate copilots, the cuban workers more productive.man suit to make it more productive. we see huge opportunities around ai. it's a fantastic time to be a software investor and we just announced 1.3 million in new funds to pursue this. liz: congratulations. during an interesting time when people are not inclined to open their wallets these days. i would be remiss if i didn't mention you are a stanford graduate and stanford has been one of the many campuses that have leadership that finds itself unable to speak out against anti-semitism. at stanford there was a lecturer who pointed out jewish students and had them separated in a class. where do you stand on being a graduate and what you really wish these schools would do? >> i am in favor of free speech and against can sell culture. studentsd have a right to protest as long as they do it peacefully in a nonviolent or nonthreatening way. the problem here is 4 years, top schools like stanford suppressed free speech, basically allowed conservative speakers to be shouted down. they have not

they would rather have that underpin their copilot as opposed to having everything driven by openai. sonali: thank you mandeep singh. larry summers is a harvard university professor and patron to peter to bloomberg intelligence. for more on the investment landscape we are joined by daniel flats. when you think about this story, what does it mean for microsoft moving forward? there's a lot of conversation about the importance of ai to even what they can do in the future with cloud. daniel: it helps to solidify microsoft offerings. clearly, they will rely on openai property as we think about the next several months and quarters. if we think about the microsoft roadmap, they have done a good job infusing ai into office. clearly it is a bigger driver for azure their cloud platform. eight spent over the next couple years we will see microsoft continue to invest in openai and develop their own models. it is really about harnessing all the capability and delivering value to customers. if they are able to do that, i think it will help them grow and ultimately contribute to driving shareholde

enter the partnership came together at game developers on xbox to have access to almost nai gaming copilotg different scripts and building their game development. that is one example. we have several others. ed: corporate vice president and global head of him 12 michelle gonzalez. -- m 12 michelle gonzalez. when one of those goes bad, come back to the show and tell us. coming up on bloomberg technology, there are more advertisers leaving x amid backlash against elon musk. we discuss what it means for the future of the social media platform in the moment and bigger picture next. this is bloomberg technology. (jennifer) the reason why golo customers have such long term success is because we focus on real foods in the right balance so you get the results you want. when i tell people how easy it was for me to lose weight on golo, they don't believe me. they don't believe i can eat real food and lose this much weight. the release supplement makes losing weight easy. release sets you up for successful weight loss because it supports your blood sugar levels between meals so you aren't hungry or f

microsoft this week is launching copilot. the first company in the world to take generative a.i.o a mass market commercial proposition. go google, which has good a.i. skills, still hasn't done that. there is a risk of overconcentration. you add that to no referee with the capital markets and you have a big problem. it is like playing a football match and nobody knows the rules and you have no referee. >> dan, over to you. i know you are coming back from a big trip to asia talking about a.i. and tech more broadly. as we look ahead to the possibility of generative a.i. in investing, what is the number one things financial firms should pay attention to and the companies that design the models. what should they pay attention to with the models and investing? >> it is understanding the model and make sure the vendors have done their due diligence. if you don't do the due diligence and go with the a.i. plays, there is a lot to be aware of where this comes down. this is why the safety blanket in terms of microsoft and what is happening from the a.i. perspective and google as well. palan

and david, this kit lab, copilot and the regular copilot that went on sale november 1, i think people realize these are actual profits, very big profits, for microsoft, so microsoft has to be added into the mix with service now and adobe, of course nvidia, making money right now, david, that could be additive this quarter where numbers are 2-0. the estimates are too low for microsoft. that's what i think is happening. >> it's that small group, though, jim, of those companies that right now are going to be beneficiaries with certain products for generative a.i. obviously, nvidia being sort of the backbone behind so much of it amd hoping to play arm talking about grace hopper but the other companies, you know, jim, it's all on the come still. they have to talk about it, but there isn't yet something there. >> i agree every night, there's one that talks about it that you thought, well, okay, maybe they're real twillio last night, jeff lawson talking about how a.i. mixed with their messages is very, very real. i agree with you, david, when you start hearing about companies that have a lot

moment allegedly was this moving too fast deal, is that great for microsoft, which is still reliant on copilot and the intellectual property of openai and then what about the implications of if now microsoft is going to ramp up its own efforts, so to speak, rather than be uber reliant on openai, what does that mean from a cost standpoint for microsoft, realizing it on its own balance sheet, potentially losing money in the near term, because who knows when it's going to be more profitable all of these implications, i'm wondering how shareholders should be thinking about that. >> it makes me think about my argument on nvidia, wherever there's a lot of money to be made, and we know there's a lot of money to be made in ai, competition gets crazy and fierce, and everyone is coming for the jugular of the firms at the heart of it. that's kind of what we're seeing, that the competition is super heating up josh is saying no in my ear. we're seeing it at the chipmakers, too. nvidia is the leading chipmaker, you see amd and microsoft and amazon creating their own chips. same on the hardware space everybo

using ai at scale to do that is something the private sector is already starting with various copilot tools and we and government want very much to be doing the same. in the context of the international counter ransomware meeting this week, the block chain is public information. using ai to work off the block chain and try to identify illicit money laundering across multiple coins and exchanges to help us be more effective at tackling the financial aspect. >> if i could just add. i agree. it's the middle two letters of both pain and gain. i guess i look after the pain part of it. i think from that perspective, the use of ai for cybersecurity, a lot of things need to be done. we need to track criminals, detect the money flows. something particularly at the application of ai can help us in our work. the second dimension is the security of ai, so we also need to work on data poisoning, bias, hallucination. i'm working on this. part of the ai summit and we are proud to be part of that and we see ai both as great potential, the gain opportunities of ai are there. but we can only achieve th

a firm ai strategy that it actually starts making big money, especially with copilot from the releaseno negatives in the conference call which very important, because if there were something wrong, the cfo would have flagged it. who else does this trade apply to? i read a piece of research today that said don't you dare sell amazon, because it's the holiday season. they're predicting same-day delivery. prime is the best bargain out there. amazon is an upstock by the calls. an acl tear which means bed rest, but he'll be back with no portfolio works this quarter. its stock was hit because of one line how consumer product groups had to pull back on advertising right after the war broke out in the middle east. those advertisers are already coming back, according to pinterest, a very good analog. deepen the money calls can definitely be on met. at the and then i was appalled at, but they were telling the story wrong. management should have been focusing on youtube, the nfl and hard facts. without any explanation of why the business slowed, something is wrong there. with alphabet, i would n

you so much time, make you so much more efficient, make your work so much more joyful with these copilots that you'll be willing to pay 30 bucks a month more on top of that. we'll get some data today from them on how that's shaping up. see if developers are convinced here so all of that's the context where microsoft is really trying to build on the cloud success that they've had over the last decade of satya nadella's leadership and turn that into success in this next decade, that we can now clearly see is going to be mostly defined by ai, carl >> haven't heard ai described as joyful john, we're really looking forward to your interview later. thank you very much for setting the stage. satya nadella with jon fortt later, 1:00 p.m., on cnbc. >>> meantime, i'm here at the bellagio hotel and casino in las vegas ahead of this weekend's coming formula one race and the premiere of or new documentary, inside track an exclusive look behind the curtain of f1's multi-billion-dollar empire. it debuts 8:00 p.m. eastern time tomorrow right here on cnbc, and here is a sneak peek i'm getting in the car w

the first was up in the air when hijacking was taking place, the copilot emerging from the cockpit with a gun at his neck, an image. i was never able to erase. another was the night we landed our captors wiring the plane with dynamite, and another, you know, some of some of my captors were were very nice and were very nice to the children, especially. and some were you know, they were different kinds of human beings. some were not nice people. and there was one one woman. there were several women commandos because the popular front believed deeply in women's liberation was part of their ideology. so the women were in charge of our plane, but there was one woman who was not a nice person at all, she at one point pointed her gun to me. i was walking back to my seat. i didn't write down any of that and it was funny because when i read my diary, i felt so frustrated with myself that i that i didn't tell a full story. and then over the course of writing the book, i learned to have empat for that 12 year old girl who wasn't able to absorb everything going on around her. but i just want to giv