microsoft again, he put it out publicly. microsoft told him to take it down.g it internally as you're supposed to. nothing happened. the fact that this person felt he had to go to cnbc and tell them, the fact that he had to go to the ftc, write a letter to microsoft's board, tells you when this started a year ago, we had microsoft and everyone saying we're going to do it smartly and safely, telling us that we're going to be safe and secure and so on and so forth. but when their own internal people are telling them, these are problems, these are happening, these are against our policies and they do nothing until it gets reported in the press, that should lead skepticism every time one of these companies come out and say we're doing this safely, just trust us, because it just takes one example to prove you guys aren't taking it seriously internally. this is emblematic, it's not just a microsoft problem, in this rush to get things out, they're willing to put some of those positions aside in order to get it out faster and quicker and cheaper. so it's -- i have a h

we have a situation developing with microsoft. the software giant saying that a russian state-sponsored hacking group is trying to break into microsoft's systems. using a brute force attack called password spraying, the ceo of crowd strike knows that practice. coming up, george kurtz, how crowd strike has found a way to foil the actors and how to spot with you and your company are being password sprayed. i was fascinated when he gave me the markers of what to look for. speaking of looking for things the markets are deciding whether this morning's monthly jobs report is good news or such good news that it makes to postpone an interest rate cut by the federal reserve. according to the labor department, 275,000 jobs were created last month. that's better than the expected 200,000. a strong labor market lessens the need for stimulative cut in interest rates but there was an times in the report that may indicate growth might be slowing and that could push the fed to bring out the scissors sometimes this year. and to 5400. that was a la

that's right up microsoft alley. the day you have to wonder how this is going to play out within microsoft is already under some pretty intense scrutiny by the ftc. about its agreement with openai. this might potentially draw some more scrutiny. we are waiting on some of the details around what this means for the rest of the inflection team. the company did not say how many of inflection's 70 employees will be joining over. we know another co-founder will lead and become chief scientific officer under this new microsoft ai group. ed: public companies, private companies making moves. getting closer aligned. ai let's stick with it in private markets. also on ivp's mind. wanting to take advantage of the great opportunities it sees with this technological shift ended launching its fund with a $1.6 billion rate let's bring in the ivp partner. welcome to the studio. let's start with fund. explain it to me, what will it be used for, what is the thematic focus and how did it come together? >> fund one was back in 1980. that

are saying maybe it's just microsoft.hey expected to see this big surge because of the ai products. adobe has been putting ai into photoshop and illustrator. but it appears they are more focused on acquisition and that monetization is not coming for a couple of quarters. caroline: this is the biggest fall for adobes and 2022. i'm interested in how that focuses on some of the startups that are publicly traded. you saw the big one everyone looked out and thought, adobe is going teresa catch up. >> about a year ago with image innovation. they responded with innovations in photoshop. there is this energy in the air that this new piece of technology could make adobe obsolete. there was a conversation on the earnings where an analyst said folks are getting worried in the long run this software could be unused. can you explain why that is not the case? thus not a level of candor or anxiety you hear on these calls. caroline: this is what investors want, transparency. we are hearing that from the ceo. is there anyone who is bullis

microsoft can be a proxy for investor sentiment toward openai because microsoft owns 49% of the for-profit side of openai. we have our top story coming but shares are softer. it is important to what we are about to discuss. caroline: talking about elon musk, how he is suing openai & altman alleging they violated the -- and sam altman alleging that by the start of -- startup's mission. it states the company's close relationship with microsoft has undermined its mission of creating open source technology that would not be subject to corporate biology/corporate priorities. -- to corporate priorities. he is not the only one who said this, keifer lee told me he thinks openai should be rebranded closed ai. he is one of the most vocal critics having been any regional founder and donor. >> and making points elon musk has been making for months. he has been complaining i put a lot of money into this, $44 million over the first few years. it was partly my idea, you recruited these people on the strength of my personality and the promise was this was going to be an open source for the benefit of huma

you asked me about microsoft, but my mind is on alphabet. >> fair. >> microsoft is in the pole position with a.i. for the last several weeks, even several quarters, google and alphabet have been looked at as the second place runners right now. however, with the news about apple potentially partnering with alphabet on search, that seems to be turning around. so there's this pole position race going on between microsoft and alphabet. i don't really like somebody from deepmind went over to microsoft. i own both of them. i'm comfortable with both of them. >>> up next our "calls on the day." we have ownership and how the committee is playing the names coming up. "halftime" is back in just two minutes. and more. thank you very much. [applause] ask, "now what?" here's what. you go with prudential to protect, empower and grow. with everything you need to deliver, you guessed it... more. one more thing... who's your rock? learn more at prudential.com meet ron. ron eats, sleeps and breathes hoops. and there's not a no look pass, double double, or buzzer beater he won't wax poetic on. ad nauseam.

of violence or sexualization, we will hear more and see what microsoft is saying and doing. first, a check on the markets as stocks are rebounding falling yesterday's losses. we have averages in positive territories with the nasdaq leading the way, s&p up by .5% and the dow adding .2%. we are watching shares of new york community bank, the stock has halted after losing half of its value on reports where it is seeking a cash infusion. much more on this, coming up, let's get to the big market story of the day, congressional testimony from j powell. >> the fed chair j powell maintains the economy is in good shape, labor market is strong with inflation coming down but the fed needs more evidence on inflation coming down before cutting interest. how much evidence? maybe is not as much as we previously thought. >> more evidence that ill give us more confidence that inflation is on a path down o 2% sustainably. not looking for better readings then we have had, but more of them and what will happen is as we go forward, 12 months will continue to drop. because it will be lower than e

that's an applause to microsoft. >> kari, you own microsoft. gardner said gena.i. capabilities, it will be challenging for companies to differentiate and make money on it. kevin, i will start with you. microsoft shares did move higher on this news. but are you concerned it's a lot of hype, but the monetization may be more difficult? >> i think that's the reason to own moffitt because here is, to kari's point, within co-pilot with the computers as well. if you look at their cloud business up 23% last quarter, revenues in general up double digits. if you're going to be first to market and you want to monetize something, owning companies like microsoft that make money is absolutely the way to do it. love the stock here. >> bill? >> this is just the start. the expectation was they're going to be one of the first to bring nvidia's technology and networking surface here. it's a great machine. i think it's just the start of the monetization of what we're seeing here moving away from nvidia and the chips. >> josh? >> i think the edge is where the money will be made. the im

division within microsoft is going to encompass. and what it might represent in terms of their ambition. has a house the openai investment? >> it is not how the investment. that is separate. this is building up the copilot product they are putting in everything. the digital assistant that started going on sale last year. this is a huge part of how microsoft plans to monetize a.i. for enterprises. they sell that for 30 bucks per user per month. if they say it is going just fine, i guess. it's also making its way into hardware too. a couple of months ago, microsoft stated they will have a dedicated -- but into pc keyboards. that will show you how important they think this product is. expects new -- the new ceo to have some fervor of the pilot and getting into more people hand. there is a ree version and paid version, but they have to get it out there even more han that. that will be his task. it's all copilot, copilot, copilot. that is there marquee product. >> the sense of urgency being shown by some multi-trillion dollar cab compani

google is still ahead of microsoft in a.i., microsoft has just been really good at consumerrizing thearketing and package of a.i., making it available to everyone. i think google is trying to wait a little bit longer than microsoft to get things right before they launch, but microsoft jumped the gun and forced google's hand. and the reason google's got that capability is because they've got the cloud capability and all the technology from their deep mine research and if all the other a a.i. capabilities they're been building over the last decade. jon they just need better pr. >> better marketing. better get a market. jack: i want to bring this down to the view viewers' everyday life. can you give us an example of a way in which a.i. is going to change our everyday lives? how does it benefit the viewer? >> yeah. i mean, we've got to look at a.i. in a couple ways. there's some things in terms of taking repetitive tasks, making it a lot easier for folks, right? normally let's say you actually want to order your groceries. an a.i.-enabled refrigerator will know how much milk you need that

why does microsoft seem to be avoiding regulators better today?e something to do with that past experience. the president of microsoft was there during the anti-trust lawsuits of the late '90s and early 2000s. so he has experience, and he may now be structured current deals, like its $13 billion invest in o openai. google wants ruth porat to play that role at the company, but after announcing she would become president and communicate more with washington, they're still searching for her cfo replacement. you touched on it at the top, it's about that experience, and microsoft is proving to be very adept at playing the regulators while accumulating all of this talent and technology from the ai darlings. >> it's kind of interesting to see, dee, that as i think back on the history of microsoft's brush with anti-trust, more than a brush, that understates by a factor of about a million. but it really had to do as much as anything with -- correct me if i'm wrong here -- sort of a similar thesis as to what the doj is bringing, or that the anti-trust regul

i know you on microsoft. it is at $3 trillion now so drinks on you, stuart but you take the market capitalization right now, an amazing stat and compare that to the s&p 500 energy sector, it's worth double, microsoft, the entire sector of energy, you get free cash flow, double for the energy sector so you get to the point where evaluations, take the magnificent 7, there capitalization is larger than any stock market in the world. stuart: that doesn't mean a huge selloff is coming. if you look at future profitability of the magnificent seven, we could justify that by the prophets they are going to make. >> yes and no. they trade 30 times more earnings. when you look at stock multiples, analysts start to buy their own bs, they have to keep catching up and making earnings projections higher and higher and all of a sudden everyone is doing the same thing. a lot of that is momentum driven because you have $7 trillion of cash on the sidelines. it will push them further here but at some point it stops. stuart: there

microsoft onedrive storage, as well as a suite of microsoft applications office 365.ed that , according to their information, microsoft may postpone the cutoff date for russian companies from cloud services from march 20 to the end of the month, which may give the company time to create backup copies of an alternative infrastructure setup. ilya is all about economics. thank you, denis talalay with the economic review. american politicians are once again demonstrating their readiness to fight to the last ukrainian. senator linzi graham, who is on russia's list of terrorists and extremists, said that the country's citizens must join the army regardless of mobilization age. graham, as quoted by the washington post, stressed that ukrainian men should be sent to the armed forces of ukraine before they turn 25 years old. in his opinion , kiev needs more people in the ranks. in addition, the senator said that the ukrainian regime can now only count on loans from washington, albeit interest-free. kiev in the last month. desperately trying to find a soldier, the country's lead

microsoft or apple here, right now, for a.i.? >> well, probably microsoft. i would say probably microsoft, not just because they've already made the investments, it's like, they have the right people. think of how stressed out everyone was when there was all the drama with the openai board. the keys to openai are really with a handful of people. the fact that google has spent so much money so many years and has -- can't really come that close to it, items you everything you need to know. so, i think the ip is really with microsoft right now. >> all right. meantime, the ten-year yield dropping to its lowest level in a month today, crossing below its 200-day moving average. this comes ahead of fed chair jerome powell's testimony before congress which starts tomorrow. let's get to steve liesman with what to expect. what kind of powell are we going to hear from tomorrow, steve? >> i think, melissa, the thing to listen for is, it's going to break it down into three different categories here, or three different areas. the political side, the regulatory side, and t

now we use microsoft, it's a major change from 10 years. and what's interesting is, in 2014, 2015, 2016 it was testing it on the russian population first, ukraine, syria, libya, battlefields, then it was taking it on the roads to all the european elections in the u.s. elections. watching what has transpired to that, there is a little bit of a misunderstanding about how much things have changed in 10 years in terms of social media. speaking of gen z. gen z, would you leak -- would you read more than 200 words? i bet you would watch 200 videos. that's one of the biggest changes in 10 years with the technology. that's not just about gen z, that's about my generation and everybody older. video is king today. if you are trying to write a 9000 word blog, you are running appeal -- uphill with a lot of weight on your back. our monitoring list in 2016 were twitter and facebook accounts linking to blog spots. in 2020 it was twitter or facebook, a few other platforms, but mostly liking to you too. today, if you go to it, it will be all video. my team

lawsuit against microsoft in the 1990's.microsoft's playbook and is doing the same thing a few decades later. anchor: apple says the lawsuit, quote, threatens who we are, and a four successful, would, quote, hinder the type of technology people expect from apple. that turns the tables, saying this lawsuit would hinder innovation. how do you respond? a.g. platkin: if you look at every major company that has been sued across the country on antitrust laws, for antitrust law violations throughout our history, whether it be microsoft in the 1990's over the airlines, they all probably said similar things. we know apple is a big company and a lot of people do like their products, we are not saying they cannot exist, but they have to follow the law, and no matter how big or powerful they are, we do not hold you to a different standard because you may be bigger than some of the other players. >> are you worried other companies could look at this and see that it would stifle their own and ovation? --stifle their own innovation? a.g. p

it's a i this toby, a microsoft set up in office and in china called microsoft research asia. this was a gesture from bill gates back in the 1990 because he wanted to guarantee stronger market access to china. this laboratory has gone on to train the who's, who lists the superstars of the trainings, artificial intelligence world. many of the key people in this laboratory have gone on to found companies such as make the sense time or either either found them or they've taken on very senior roles. and then that was like the thing to base or off the more to try to use things are not all a and that's a lot of great people. great researchers start off longer is actually come from microsoft research. and those tenants, i've not become even kind of the very, very big improvisors opinion leaders. i'd really like in temper new york in china. microsoft helped build china's take late. this in turn, has been used by the chinese government to create a gigantic surveillance stage that operates with the help of a i live in china and basie lashonda. you have found the most recent tv camera in

. >>> is microsoft about to have the iphone moment? dan ives is here to tell us why and what it means for investors. >>> a possible wework lifeline courtesy of the founder and ceo. >>> and how one company is cutting the price of owning a small slice of the luxury vacation home. it's tuesday, march 26th, 2024 you're watching "worldwide exchange" right here on cnbc ♪ >>> good morning and welcome to "worldwide exchange. thanks for being with us let's get you ready for the trading day ahead. we kick off the hour with the check of the u.s. stock futures with the dow and s&p coming off back-to-back losing sessions you see the futures are in the green. looks like the dow would open up 50 points higher s&p and nasdaq in positive territory. >>> we want to check the bond market as investors await durable goods data and pce figures this week on friday. the benchmark at 4.24. ticking up from the level we saw yesterday. we want to pay attention to cryptocurrency and bitcoin above $70,000 after a brief retreat down to 60,000 you see it is flat tradi

microsoft's about the biggest technology company out there.nies out there taking on sam altman and owe a.i. you see front of the a.i. race. all of this happening with one of the world's richest men on the other side of this. how does this break down and what do you hear in terms of i guess scuttle from other investor classes on this? >> you know, for 12 years, musk has been worried about jut two or three companies dominating the a.i. space. and when he and altman started meeting 10, 12 years ago, they said the more companies that get into it the safer it's going to be. now, that's a philosophical argument. i think you read isaac and other science fiction, and he even talked to president obama about it. so what his main worry is, is that the way this is all shaking out, you're going to have google and microsoft totally dominating this industry. so he's going to do whatever he can to make sure especially when it gets to what i called it artificialgeneral intelligence, agi. he has advantage. 8 million flames of video from tesla cars. the type of

teams video conferencing system, microsoft onedrive cloud storage, as well as the microsoft office 365crosoft was going to suspend access to its own. cloud product from march 20, but then softline clarified that microsoft may postpone the deadline to the end of this month, this will give russian companies time to prepare, for example, make backup copies. softline also told the rti channel that microsoft does not plan to disable its cloud products for russian individuals. and today, for some reason, i want to end the economic news with the words “play football.” thank you, denis. thank you, denis. denis stalolaev with an economic review of the day. one of the government's priorities is to reduce differences between regions in terms of economic and social levels. mikhail mishustin announced this today. according to the prime minister, for this, taking into account the potential of everyone region, it is necessary to create growth centers that will attract investment and create new jobs. this will help continue the construction of modern housing, kindergartens, clinics, and hospitals. als

. >> and microsoft. pretty complicated unto itself as well? >> and drew, immediate injunctive relief in a commercial case of this type is an incredibly high bar. look, handicapping that after an hour of digesting this i would think highly unlikely. some type of claim for equitable, how you govern the company, whether you're actually true to your governance documents is an interesting thing here, and there may be other parts. any time the public interest is at play, judges think a little bit about that as well, andrew. this is not just one commercial party against another commercial party. you do have this idea of public beneficiaries and not-for-profits. >> jay, thank you for shining a little light on that for us. something we've talked about all morning, and i guess it will continue throughout the day and beyond. jay clayton. >> thanks. happy friday. >> you bet. >>> still to come this hour, three can't-miss interviews. richmond fed president tom barkin and new york city mayor eric adams and more as "squ

>> i think it's largely dealing with microsoft.happens was a few years ago, t's became clear that instead of having a lot of a.i. systems, with open source, you can have two companies dominate google and microsoft. and as i said, this began when emma's houses decided to sell deepmind this company did that the elf look of to google. and musk tried to break it up. musk tries to raise money to stop that sail, and the second shoot drops which is what openai makes its arrangement with microsoft. i think this is about not allowing microsoft and google, these particularly mad at google right now, because she feels gemini has just shows how bad a i could become if it becomes political, i think it's mainly about stopping the two titans who control a i. >> fascinating. well, maybe this will be the subject of your next book, walter. something to definitely keep an eye on. >> exactly. all in this book. it's all been happening to the past couple of years. >> yeah, i remember reading that chapter in your book, and i have no idea you on was so in

you think about where microsoft is. they have gotten incredible adoption everywhere we turn. they are getting adopted left and right. it does not concern me, but i think you will see formation around different ai platforms from all the big tech leaders and that formation has started, so i would think the apple-google relationship would make more sense. it is not a thesis crusher for microsoft given their presence in insurance, health care, government. they are doing fine. there are plenty of contracts to go after outside this one. caroline: so good to catch up with you this monday morning. if you want to trade either of those stocks, you might have had a problem in earlier market hours. the nasdaq exchange announcing it has a result of the technology glitch that disrupted premarket trading for almost three hours. the nasdaq spokesperson said the issue did start shortly after 4:00 a.m. but was resolved and the disruption was the second in about three months. it must be said issues with the nasdaq are few and far between.

microsoft, of course, has chatgbt.m openai amazon needs the ai exposure, and an tropic will use amazon chips to train and build ai models >> the ai arms race continues. thank you very much for that you want to add anything on rtx? >> i just think given where we are, in the world, you want to be in defense companies and you want to have companies that have growth ahead of them i think raytheon at 15 times forward earn sgs a great place to be. >> weiss, you made it clear when you got into boeing late last week, maybe friday, that it was -- you were going to be in there for a minute and you have sold it now. we don't need to go through the whole thing. i do want to talk about the fact that you trimmed some microsoft. >> i did >> so we talked a lot about ampx -- ai today >> the position just keeps growing and growing. you have to cut it back. you know, it's a double digit side position. so it's up there but i think it's going to do quite well it's just portfolio management, that's all it is no reflection on the company stl

microsoft, the thing to remember with microsoft is, yes, they were slapped with restrictions but thoserosoft in recreating itself and becoming an incredible stock. you know, so this doesn't necessarily impinge upon, you know, the opportunity at apple. we still have a neutral rating, but it's not an antitrust that our concerns lie. it's elsewhere. >> although could you not put together some sort of discounted cash flow model that says four years out these guys have to break up their alleged monopoly around the app store, and what that would mean? >> well, that's a question, right. i mean, is it a breakup or is it behavioral remedies which is what they did with microsoft, the behavioral and, you know, behavioral remedies, you know, the history of that i think is that by and large it can manage that. obviously, we don't know many things here, but history suggests that behavioral remedies are not something to b concerned about. >> even for apple and its tightly held ecosystem around its software? >> clearly, you know, apple has been leveraging the app store and the complaint, i think, is p

clearly microsoft has a significant problem here.ere. if they've been emailing about sensitive details with microsoft leadership, some of that information is likely now in russian hands as well, david. >> well, eamon, it seems rarely a day goes by there isn't news of another hack of some kind. this is one of the many beats you cover for us. but you're awfully busy. are things continues to worsen when it comes to intrusions? >> yeah, i mean, i think you've got a couple things happening. we've got nation state actors really aggressive, particularly in this -- in an election year ahead of 2024. you also have a resurgence of ransomware attacks from criminal gangs as well after the ukraine invasion. a lot of that activity dipped. but now it's back in force. so, two things happening simultaneously, which really show there's a surge of this kind of activity. companies have to be on the defensive here, david. >> and also disclose. again, you nh, for example, yet another example, right? >> new rules from the s.e.c. mandating disclosure. we're

microsoft is still struggling to deal with a hack attack. u.s. companies targeted by disinformation campaigns, a threatened ban on tiktok and a look at the troubles inside of google. >>> first up is the microsoft hack. it happened in january but the ill effects are still affecting the company. >> that's right. microsoft updated the 8k this morning saying they are unable to stop the attack by an entity that is believed to be the russian foreign intelligence agency. microsoft says the attacker which in cybersecurity circles is known by code names such as midnight blizzard and cozy bear has been using information stolen from corporate email systems to gain access to some of the company's source code repositories and internal systems. the company says that the russians have stolen secrets shared over email between customers and microsoft that microsoft has been reaching out to its customers to assist them in mitigating the damage here. the company also says the volume of some aspects of the attack have incrosed by as much as ten times in february. so

now 24 microsoft a generation ago.nt, and the department ofjustice in 19 states if they didn't take action against microsoft at that time, apple might not be here, the ipod, itunes may never have got off the ground, and there probably wouldn't be and there probably wouldn't be a google or a meta or a facebook or an instagram, but we took action to open up the stranglehold that microsoft had through windows and through the microsoft operating system, and that enabled innovation, it brought in access for developers and customers, and here we are again, right? apple was once the great innovator and upstart, and in many ways it still is, but they are also so dominant, they are a monopoly behemoth that many of us can't live without, and we have to loosen their reins on this marketplace so that all of us can breathe and have choice and pay lower prices.— us can breathe and have choice and pay lower prices. thank you very much _ and pay lower prices. thank you very much for— and pay lower prices. thank you very much for your

whether the justice department has a case and how this legal battle compares to the fight against microsoft. >> decades ago. >> caught on camera, migrants storm across the southern border, overwhelming the texas border guards. what we're learning about the incident and the reaction this morning. >> breaking anomaly the safety scare for an american airlines plane in dallas amid a series of recent incidents and mishaps on boeing jets. now airline executives demanding a meeting with the company. what federal investigators are revealing new this morning, the security flaw that could open millions of doors at hotels, all around the world. >> what hackers were able to do caught on camera face to face with a great white shark off the florida coast. march madness reeves puts up a three no good and oakland with a march memory of a lifetime. the bracket busting upsets, a stunning comeback and one school doing something it hasn't done in more than 50 years and need a vacation. >> why? it may now be harder than ever to get days off approved at work. >> from abc news in new york. this is america this mo

earlier this week a microsoft employee sent a letter to the federal trade commission saying that thetext to image generator had systemic issues that created harmful images. it has blocked certain prompts. a microsoft spokesperson says they made the changes to prevent the technology from being misused. >>> students taking the sat no longer need a number two pencil. instead they will need a laptop. the sat will be administered in a digital format and you still have to show up to an sat testing center. colleges made the testing requirement optional for applicant during the pandemic. they felt it favored wealthier students but now yale and brown have reinstated the requirement. the college for that created the sat wants to convince schools of of its value. the online sat is one hour shorter than the written test. >>> a new use for the popular weight loss drug wegovy? it could be used to reduce the risk of heart attack. they found it can reduce the risk of heart attack by about 20%. that could push more insurers to cover the drug. >>> the new miss universe is on a world tour including a s

shares of microsoft down .50%.lon musk suing openai and sam altman. >>> shifting gears for the "big money movers." dell shares are up over 21%. that's due largely part to net income growing by 89% for strong demand for servers. the pc maker raising cash dividend by 20%. >>> auto desk is moving higher this morning. generative a.i. generating robust demand for products. business in the asia pacific region is resilient. shares up 9%. >>> zscaler under pressure despite beating on earnings. more customers are moving away from firewall security and looking for better options. results show the selloff of stocks due to palo alto's light forecast. shares down 7%. >>> we are turning attention to the other big money mover, but it is not stock, but art. the sellers ditching the auction block in favor of private sales. we have robert frank with more. robert, i don't know if this is a frank and frank, but it is interesting. >> it is a frank and frank. everything is a frank and frank, frank. auction sales fell 19% last year, but

microsoft up 2%. "the claman countdown" coming right back. that your customers need to know about.ontact makes it easy. with everything from managing your social posts, and events, to email and sms marketing. constant contact delivers all the tools you need to help your business grow. get started today at constantcontact.com constant contact. helping the small stand tall. ♪ i wanna hold you forever ♪ hey little bear bear. ♪ ♪ ♪ i'm gonna love you forever ♪ ♪ ♪ c'mon, bear. ♪ ♪ ♪ you don't...you don't have to worry... ♪ ♪ be by your side... i'll be there... ♪ ♪ with my arms wrapped around... ♪ ashley: boeing stock down after and american airlines played made an emergency landing at los angeles international airport, the plain blue attire taking off from dallas-fort worth in texas and pilots reported a possible mechanical issue. the emergency landing went smoothly but it's the latest in a growing laundry list of problems facing boeing. gerri willis joins us with the latest on that emergency landing and how boeing's problems are reflecting the airlines. >> reporter: thank goodness no

the new york times has also sued openai and microsoft for using its articles to train their languageroy is programme lead for the aijournalism lab at the city university of new york. she gave us a sense of how these lawsuits could impact the development of ai. these authors are alleging that nvidia used their intellectual property because, as a result, they should be compensated for this. they also allege that nvidia knowingly used the data and infringed on copyright and seeking a class action lawsuit to allow other affected writers to join the lega lbattle against nvidia because they see that they are not benefiting through how nvidia is going to be using in producing these models and not getting any cut or share from the business that they will be getting from here. given that al is so new, there's no legal precedence, is there , there is no? exactly. because there is no legal president, we do not know how technologies are involving and we do not know what copyright law looks like. ——precedence. that's why all of these lawsuits that are coming against nvidia, open ai, microsoft — i

each _ so just microsoft and amazon. each of— so just microsoft and amazon.me of them, but they still rety— have some of them, but they still rely heavily on nvidia. so that's— still rely heavily on nvidia. so that's the biggest challenge or to _ so that's the biggest challenge or to them, so that's the biggest challenge orto them, and so that's the biggest challenge or to them, and amd have been making— or to them, and amd have been making excellent progress. the thing _ making excellent progress. the thing is — making excellent progress. the thing is the market is growing so quickly that even if nvidia loses — so quickly that even if nvidia loses some share, they can stilt— loses some share, they can still grow— loses some share, they can still grow their overall business because there's just a lot business because there's just a tot of— business because there's just a lot of opportunities for everybody. lot of opportunities for everybody-— lot of opportunities for everybody. lot of opportunities for eve bod. �*, everybody. nvidia says it's expanding _ ever

the new york times has also sued openai has also sued openai and microsoft for using its articles toage models. plenty to unpack here, let's bring in nikita roy — these authors are alleging that nvidia use their intellectual property because, as a result, they should be compensated for this. they also allege that nvidia knowingly use the data and infringe on copyright and seeking a class action lawsuit to allow other affected writers to allow other affected writers to join the battle against nvidia because they see that they are not benefiting through how nvidia is going to be using in producing these models and not getting any cut or share from the business that they will be getting from here. given that al is suing, there's a leavell president, is there —— there is no? a leavell president, is there -- there is no?— -- there is no? exactly. because _ -- there is no? exactly. because there - -- there is no? exactly. because there is - -- there is no? exactly. because there is no - -- there is no? exactly. l because there is no legal president, we do not know how technologies are invo

microsoft, as part of the microsoft's investment, they have rights to all of the software, all of theodel weights, and everything necessary to run the inference system. >> kind of gives an interesting background to why they would have moved forward with the lawsuit. in fact, there is some, given what he said in that interview, some nine and a half months ago, jim, thought it might have been sooner that we saw legal action. >> i remember that part, and i just said -- i initially said -- and i think to a lot of people said, oh, couple billionaires sitting around being angry at each other, but when you listen to it closely, there's a real disclosure issue here. remember, microsoft's a public company, made it so it's public, and i think that you don't turn a nonprofit into a profit. it's entirely possible you can say, look, we have nonprofit stuff, but let's spin that off if we find something profitable. maybe you could sending it back the nonprofit? i listen to musk, and it seems like it's obvious that altman did something wrong here. >> it will be very -- it will be worth watching close

. >> microsoft, walmart. >> of any expressed interest is it too early to.dline. >> at the graph to come up with three headlines oracle, walmart and microsoft into be the companies that may be interes interested. >> let's put in a call to the ftc, the biden administration has been on a competition and anticompetition, that is good to be tricky to get any of that deal. >> they didn't want microsoft to buy activision why did they let microsoft buy tiktok. >> this would be a bigger deal. >> this a be a bigger deal ladies have a billion-dollar deal. >> you said we might get ahead of ourselves on the speculation. i love speculation and getting ahead of ourselves, where we going wrong. >> i think we still haven't passed the senate, come on. we had a lot of great legislation over the years that died in the house and we have a release to coming to for ration. and a lot of interest in this which is positive and alex pointed out we got bipartisanship, that's impressive it is certainly more so than we seated other legislation that is died in the house and until we get

we should hear details about partnerships, and examples, and microsoft earnings are out on wednesday.hey eluded to a collaboration on nvidia, and we could hear more about the chips and see the impact on some of these shares, like supermicro, and you can see that is up 2% just today. lastly, the theme, demand sustainability and invisibility 2025 and beyond. many large language models are trained and how will that expansion into other sectors continue to grow, like finance, government, sovereign wealth, and that could help show that the pace of growth is going to continue. much of these points, to come full circle, melissa, are priced into the stock, and there has been a lot of volatility just within the last week and a half or so and it was down four out of the five sessions last week, and it's the total addressable market, and jensen said it would grow from 1 to $2 trillion in the next five years. any type of details on what that means per year for them could reinforce this ai trade and provide confidence in demanding sustainability beyond 2025, which is a key theme here. in other wor

delegation includes executives from 22 companies, including united airlines, alphabet, visa and microsoftst look at the many american companies that provide employment and professional development for thousands of filipinos, putting them on a path to higher paying jobs. in fact, on this trip alone, these companies are announcing over $1 billion of us investments, including creating educational opportunities to over 30 million filipinos. presidentjoe biden has proposed a $7.3 trillion budget on monday, calling for new social programmes and higher taxes on corporations and the wealthy. the plan offers a stark contrast with donald trump's economic vision ahead of november's us presidential election. the bbc�*s north america business correspondent michelle fleury in new york has more. president biden outlined his election year budget pitch. it includes tax breaks forfamilies, lower healthca re costs and higher taxes on the wealthy and corporations, as well as trying to get more money to help ukraine to help defend itself against russia and for aid for israel. if the biden budget became law, i