deidre bosa is outside with the big headlines so far. deidre? >> reporter: that's right.e're going to hear the cheers from inside the amphitheater. the ceo took the stage and is still on there right now. and probably the biggest announcement, we're still early, but he said the company is launching ai overviews and search across the u.s. this week. we have talked about this, this is previously known as search generative experience. so this is search with ai -- generative ai added to it. so it's no longer the ten blue links that you typically see from a traditional search, but they're incorporating ai to all users in america. so search is going to look very different for everyone in the u.s. by the end of this week, and he says they're going to roll that out to more countries throughout the year. another headline that came out, he said over a million people have signed up to try gemini over the last three months. gemini is its more pure form chat bot, more of an answer machine. i just want to note that 1 million people in three months compare that to what we saw from chatgb

deidre bosa is here to explain >> so here's the news.d has agreed to cash out they found the offer fair and attractive, and he doesn't see the ipo market as particularly open at the moment it's also a great exit for its investors, but there aren't a ton of companies tapping public markets. i asked him if he was leaving something on the table by foregoing on an ipo since listing is an important marketing event. >> i think that's the old way of thinking in our case, we have six of the fortune ten, and 50% of the fortune 500. we have over 2,000 customers today. so people know about us. there's always an opportunity to have more people know about us but we would say that has less of a benefit maybe compared to what it would have done ten years ago. >> this is such an interesting narrative violation. one that is increasingly common among the tech ceos and founders they say the benefit is building in private and some public companies are going the reverse route. but i think one thing is clear, guys, an ipo is sort of changing in founder's mind

let's get to deidre bosa with that story.ose deals. first, the content deals that openai announced with the atlantic and box media. that gives the company more credible sources to train its algorithms. as we have seen google's ai come under scrutiny. and then pwc, a major leap into the enterprise space for openai. a clear signal, openai means business. it comes on another week that we continue to see insiders raise some red flags. for the first time, a former board member speaking out on sam altman's ouster. helen toner was one of the board members behind the coup and she pointed to a toxic atmosphere, psychological abuse, sketchy safety abuses and accuses altman of outright lying. one of the more fascinating and shocking revelations that she talked about was learning about the launch of chatgbt in november of 2022 on twitter. she says that the board was not informed in advance. yet, since then, the new board has consolidated power under sam altman, and the drive to commercialize his only gaming momentum, which could complica

the consumer side, it's really meta and facebook right now. >> deidre, quick last word?ord, one thing we didn't talk about is microsoft diversifying its ai strategy. new partnership with another ai darling, and that's on top of openai, which made that $13 billion bet on, is openai's problem starting to reflect on microsoft? i think steve said that sam altman will be taking the stage, but it's notable that it was a big hire for them and they're putting more people out front and center, more partnerships than you're seeing a diversification. >> all right. we'll leave it there. thank you both for your time today. deidre bosa, brent phil from jefferies. >>> coming up, comcast revealing its latest streaming bumdzle. oh, yes, the bundle is back. we'll look at what's in it and who could come out on top in the race to rebundle. >>> three more names on deck to report. our trader is a buyer, calling it a cheap sock with upside potentl. n u guess it? that's coming up in "earnings exchange." the future is not just going to happen. you have to make it. and if you want a successful bu

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deidre bosa spoke to google's ceo about this. deidre, i have to note, the shares at all-time highs.gle was hoping for all along. >> i mean, it's been a bit of a misplaced narrative, each over the past year, that google has fallen behind in ai. when you look at it since november 2022, that's when chatgbt was released, it's been neck and neck with microsoft seen as the leader here, maybe a little higher. so google has been doing fine. so what it did yesterday is fully embrace generative ai. we have been talking about search generative experience. remember, that's like the ai overviews you were getting served, sometimes, sometimes not. it's expanding that to every user in the u.s., reaching over a billion google users by the end oh of the year. so in this way, google is trying to embrace generative ai while not totally throwing off the traditional search model. in some cases you'll get the blue links. in some cases you'll get the generative ai answer. but what this does is change the business model. advertisers have been playing for that prime placement above the fold when you search f

deidre bosa has the story for today's "tech check.dre >> kelly, some of those questionable, bizarre results centered around the ai overview telling users that you can eat a certain amount of rocks a day for your health. it's healthy to do so. another one was suggesting using glue to thicken your pizza sauce. these things were clearly ill-advised, they were wrong now google is setting the record straight, explaining to users why the algorithm did so, and what they're doing to change it. they've made over a dozen technical changes, writing they tested the ai overviews before they rolled it out, but there's nothing like having millions of people using the feature with many novel searches. in the case of eating rocks, it goes back to an onion article. the algorithm has trouble sorting between social media posts and what is more credible. so what you see in generative ai for the companies building large language models, you see a lot more deals happen between them and publishers or media outlets. there was openai yesterday announcing a dea

a few blocks down, we met deidre langley. she showed us video. she sawed off her cell phone of flames, climbing 20 to 30ft into the sky, a sight deidre says was terrifying. >> i have a sister in southern california who lost her house and its entire contents just under a year ago, so it hit really close to home. >> as for lucy, she says she knows things could have been a lot worse than they were, and for that, she has this message. >> i'm blessed, and i'm very thankful to the fire department for getting here on time and putting out the fire, a sentiment shared by many in this neighborhood in hayward. >> tim johns abc seven news. >> coming up next, putting on the pressure. the governor wants to see new housing in half moon bay for farmworkers. why local leaders say it's taking so long. plus >> how san jose state researchers are helping make beethoven's a super thin, flexible patch with maximum otc strength lidocaine that contours to the body to relieve pain right where it hurts. and did we mention, it really, really sticks? salonpas, it's good medi

. >> a few blocks down, we met deidre langley. she showed us video. she sawed off her cell phone of flames, climbing 20 to 30ft into the sky, a sight deidre says was terrifying. >> i have a sister in southern california who lost her house and its entire contents just under a year ago, so? so it hit really close to home. >> as for lucy, she says she knows things could have been a lot worse than they were, and for that, she has this message. >> i'm blessed and i'm very thankful to the fire department for getting here on time and putting out the fire. >> a sentiment shared by many in this neighborhood in hayward. tim johns, abc seven news. >> a man accused in two hit and run crashes, including one that injured a child walking to school, now faces several charges. san francisco police say on tuesday, rodney jefferson hit a person in the tenderloin, then drove away. prosecutors say he returned and threw a $20 bill at the victim. police say he then hit a 14 year old student in a school crosswalk in north beach while trying to escape from officers. jefferson

deidre bosa has today's tech check. >> this is the pain trade of the year and salesforce added more momentumne na wone that c cover an benefit from ai. business models like snowflake, data dog, con fluent. and here is the case for it. if they are compute heavy, any require more usage and so consumption based models meet the needs. versus the subscription basis that is charging based on the number of users that have access to the software. that is great when workforces are growing but not so great if generative ai is making workforces more efficient and smaller. so you would essentially have less seats. i spoke to box ceo on where we are in the cycle. >> if you look at cloud executing, we're in 2006 or 2007 in termsed adoption relative to where we are with ai. so we have to think about how early we are in the technology cycle and how much up side and potential there is as it fullile ros out. >> so that is where many companies are today. know know they need to have ai strategies. but they are trying to figure out what exactly that looks like. there are some saying that the consumption based mo

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and so deidre bow isa has more. >> reporter: and so that man is playing a critical part in regaining google's ai edge hassabis is extremely well-known and celebrated in academic and technical circles. next week he is set to take the stage at google ai for the very first time sort of the combination of moves behind the scenes over the last few months where going the has been consolidating its ai efforts around him the big question is can a brilliant researcher also commercialize and monetize ai products i spoke to a number of people that have worked with him. and everyone agreed that he can execute. and jeffrey hinton tells me that he is as competitive as an olympic athlete going for gold a source that didn't want to be named says that researcher at openai recently expressed shock at how fast google is now moving and hassabis tells me he is leveraging his past successes, there are many of them a number of technical breakthroughs to bring ai to every product, every corner of going. a google of course search is still the golden goose so check out the digital piece for more on this dynam

doj accusing google of abusing its power to maintain a monopoly in the business of search engines deidreead to have the tech giant and this case overall dei, this is a big deal, because it could be one of those precedent setters for big tech >> exactly the closing arguments happen today. they're important, but the ruling is weeks or months away that may ultimately matter less than the damage potentially already done to google's market position if you take the examples of microsoft and the anti-trust trials in the past, they won those, but they lost momentum in the market it's still too early to tell if that's true for google, but the fear is the same could be true of google and generative ai. and it's been hesitating or second guessing itself take a look. these are just a handful of the chat bots that are available to consumers. while google's search generative experience sge, it remains in beta mode. the company talks about moving boldly yet responsibly a big part of the reason microsoft made such a large investment in openai is it felt threatened by google's lead in generative ai. a re

for asian american heritage month, i'm deidre bosa. >>> welcome back to "squawk box.rp looking a the dow off by close to 7a points. s&p only down by about 6 nasdaq relatively flat off by two or three points. treasury markets fairly steady this morning, too. talking about the ten year at 445 and two year at 487. >> we've gotten a lot of new fed commentary in the last few days. st. steve liesman joins us to try to make sense of all of it. >> thanks, mike. follow as barrage of fed speak a better idea what's on the table and what's off the table these days when it comes to monetary policy. look at what's off the table the fed president mester took her three rate cuts off the table and both powell, fed chair and waller on yesterday saying rate hikes unlikely or likely off the table. what's on the table? waller saying cuts possible with three to five moss of good inflation data towards end of the year talk about that in a second. michelle mester saying rate hikes possible other fed officials say it, too. waller's comments causing a stir for those hoping for cuts soon as thi

and my pleasure to introduce deidre muscly began. -- mulligan. >> it wasn't here five years ago. so last year, my predecessor was here. many of you know him. and he kicked off this speech reflecting on how nice it was to be with this assembly. they also kind of lamented how thin our ranks were. and i feel at home here as many of you know. i'm a lawyer by training but spent with most of my career social scientists, all of whom believe we just can't regulate our way through this world and build our future in a robust meaningful way that helps us thrive, we have to review the design of technology itself as a tool. and for that reason, i am grateful to be in this room. but i am grateful to be in this room because almost 30 years ago as laura mentioned, i had the privilege of starting the center for technology and democracy and shortly thereafter we created the internet education foundation. and as he tells it, i apparentlily recruited to come running. i feel grateful to be in this room and to tim who is maintaining this space for robust conversations around these issues for so many y