major general metz is no stranger to this campus. he's in 1961, graduate of gettysburg college and subsequent he went on to a very distinguished five decade military career, including a stint, a company commander with the ninth infantry division in vietnam, where he was wounded in the 1968 tet offensive. general mattis served as executive secretary to two secretaries of defense. caspar weinberger and frank carlucci. he worked in the defense industry before from the army in 1995, i should say, on retiring the army in 1995. and he has served, on a number of important national commissions as a capstone to. general mattis, his storied career in 2018, president donald trump appointed him as secretary. the american battle monuments commission that position he held until march of 2021. for our panel this morning general mattis will speak about allied operations in normandy, d-day. so with that, susan, to is yours. mike thank you very much for that kind introduction like to thank the eisenhower society and carol hagaman and tracy parks and w

bloomberg's rachel metz joins us on set in san francisco. we have been tracking this for weeks and months. the important point is they need the money because the cutting edge model requires the money to trade and build. rachel: they are in a very expensive business. if you want to build a cutting-edge large language model, you're looking at spending hundreds of millions of dollars. if you think about multiplying that over a couple of billion dollars, you can train a couple of models. what if you trade one and you are like you know what, i am not happy with this? it costs a lot of money. they have chips and staff in all kinds of expenses. they are bringing in revenue but it still costs quite a bit. caroline: is the future profitability that means stand out like thrive capital, but numerous substantial banks back the credit facility. we are looking at goldman sachs, j.p. morgan, santander, wells fargo to name a few. what is the future growth model they are all building valuation on? rachel: they are looking at businesses using their products g

oh yeah, i'm a journalist from gemini metz. this is my 1st time here in ocean left about did you survive the occupation as early as uh, fox or yesterday? far too many of them in our move, we usually get the whole bed as near. we weren't here during the occupation, so we had to leave on the 5th of march and it was terrible. we had to leave under fire. i live here with my child and took it with only we were given this container . you know, how many children do you have or not that one? i'm bringing the child up all by myself. that's the most, but then i didn't was that you house? yes, i put a lot of effort into it. and once i did a lot of repairs, so yeah, no matter what kind of house i had, it was my house to money, but they had my own room. you did my child had a room so you hm. so order to house street was destroyed, wasn't it? yes, that's right. okay. my neighbors son is in captivity, though. nobody knows what's going to happen. thank god, we survived the whole thing. yeah. for people who were you, there's washing, hang here.

rachel metz has more. how much are they chasing openai? how much were they already building this?hel: google has been a pioneer building the technology used in a lot of these systems. chain of thought, the idea behind the technique is when a person gives ai a prompt like a hard math problem, with this kind of technique, the system takes the prompt and in the background unseen to the user it is coming up with similar prompts and sorting through the problem step-by-step and presenting what seems like the best answer to the user. google has a history here. openai made a splash recently. google tends to be more cautious. huge company. a lot of moving parts. we will see. ed: it tends to be cautious. since chatgpt in november '22, it's been a wild ride. there is pressure. competition, they are cognizant. what does that look like, the pushback to catch up against openai? rachel: a few different things. initially, chatgpt was popular. google felt caught flat-footed. then felt we have to put something out to be competitive. as time passed, they want to be cautious. they have a lot to think

metz flipped the board and look at my next chart because i want to remind everybody that if the fed eases less, there is less room for global central banks to ease. we did hear from an ecb member over the weekend. they are still talking about this october cut. we have a lot of highly indebted corporate's and highly indebted governments out there whose yields trade at a spread to the u.s. they have the budget at the end of the year. we have france whose budget is only just this thursday. if treasuries don't -- if they have less room to rally, these highly indebted governments, there is a bit more pressure when they come to release their budgets later this month. shery: a reminder of the challenges as we count down to the budget and maybe what the read across is going to be. onto the corporate space, market break down there. onto the corporate space, some lines crossing just a few minutes ago, 10 minutes ago, and this is coming through from the german newspaper in conversation it seems with the ceo of commerce bank. commenting in terms of this potential takeover -- potential takeover of com

caroline: rachel metz, we are excited to see what you bring us later.aking news from samsung. they are going to cut thousands of jobs as part of a worldwide layoff. samsung the juggernaut when it comes to chipmaking, when it comes to hardware within phones. currently televisions, you name it. electronics giant says it's cutting thousands of jobs as part of worldwide layoffs. we will bring you more context. this is bloomberg technology. ♪ when you automate sales tax with avalara, you don't have to worry about things like changing tax rates or filing returns. avalarahhh ahhh caroline: welcome back to "bloomberg technology." we have the breaking geopolitical news that the u.s. has indications iran is preparing to eminently launch a ballistic missile attack against israel. that's according to a senior white house official. we see the flight to safety. 10-year yield currently at 372. s&p 500 off by percentage point. equities under pressure, particularly big tech as they are the largest market capitalizations. brent crude up more than 4%. let's weave into som

[applause] i'm i'm bill metz and to be >> folks, it's time to put the parachutes on. we will jump in. i am will matz. i'm delighted to be back on the campus i graduated from years ago and delighted to see all of these experts and professionals that have spent so much time studying, researching on this particular battle. i am going to discuss the airborne operations, the allied airborne operations that took lace on d-day. it was part of operation neptune. neptune was the assault phase of overlord and consisted of across the beach amphibious invasion and parachute operation that was touched on a little bit here. it lasted june 6 through june 30 . i will talk about the airborne operation which consist of three divisions, 82nd, 101st which i had the opportunity to spend nine years with on active duty and we can't leave our british cousins out. the airborne troops totaled about 23,400, 13,400 u.s. parachuted in and another 3900, 4000 came in by assault glider. so 6000 brits came in. just as eisenhower and his weathermen were so concerned about getting across the channel an

lord chief pressurised metz to give taylor her vip escort. daily star sunday the last one.have we got that folks .7 okay, we'll we got that folks.7 okay, we'll come to that in just a moment. but first, let's get reaction to all of the big stories of the day with our lovely pundits and delighted to have fleur , delighted to have fleur, elizabeth, nina, myskow and neil wallis. nina 100 days of labour. what a disaster. >> they've really screwed it up, haven't they? you know , it's haven't they? you know, it's been quite extraordinary to watch and i think part of the problem is that rishi sunak called the election far earlier than anybody thought, and i don't think they were ready for it. >> that's an interesting theory. >> that's an interesting theory. >> i don't think they were ready. they were ready to win an election. they weren't ready to take power. it's a very different being in power. and, you know, 14 years, you know how you know, 14 years, you know how you deal with whitehall. you don't learn that in two seconds. >> fleur. elizabeth, will the next 100 days be worse? >