discuss the future of artificial intelligence with the former boss of japanese technology giant, softbankhello and welcome to business today. i'm steve lai. the latest minutes from the federal reserve show that officials were eager to slow the pace of interest rate cuts this year. they cited rising inflation risks on the horizon as donald trump return to the white house. our correspondent has the details. the minutes from the fed meeting in december show officials have adopted a new stance when it comes to interest rate cuts amid upside risks to inflation. policymakers are in no hurry to cut rates and would like to see more evidence that price increases are settling down. the minutes site, fed officials also expressing concern about the impact president elect donald trump's policies could have on efforts to reduce inflation. without calling out trump by name, the meeting summary featured at least four mentions about the effect that changes in immigration and trade policy could have on the us economy. in december, us central bank has cut their benchmark lending rate to a range of 4.25 to 4

discuss the future of artificial intelligence with the former boss of japanese technology giant, softbankhello and welcome to business today. i'm steve lai. in the us, the latest minutes from the federal reserve showed that officials were eager to slow the pace of interest rate cuts this year. they cited rising inflation risks on the horizon as donald trump returns to the white house. of the minutes from the fed meeting in the summer show officials have adopted a new stance when it comes to interest rate cuts amid upside i'm steve lai. in the us, the latest minutes from the federal reserve showed �*to that officials were eager to slow the pace of interest rate cuts this year. they cited rising inflation cuts this year. they cited rising ii as tion cuts this year. they cited rising ii as donald trump returns horizon as donald trump returns to the white house. of the minutes from the fed meeting in the summer show officials have adopted a new stance when it comes to interest rate cuts amid upside risks to inflation. policymakers are in no hurry to cut rates and would like to see more eviden

there next to the founder of softbank, so there is going to be a big play for innovation in growth inm the biden approach to ai regulation, which i think is going to pit eu and the us on a really interesting path around how to regulate this most magical of technologies, but a technology which can be hugely dangerous if it is in control rob lee. dangerous if it is in control rob lee-— dangerous if it is in control roblee. a ., ., rob lee. as you say, a magical technology _ rob lee. as you say, a magical technology -- _ rob lee. as you say, a magical technology -- properly, - rob lee. as you say, a magical technology -- properly, that i rob lee. as you say, a magical technology -- properly, that ofj technology —— properly, that of governments around the world are also pursuing. what do you make of the uk announcement, where does it fit in that picture you mentioned, the tensions potentially between the us and the eu? i tensions potentially between the us and the eu?- tensions potentially between the us and the eu? i think uk wants to go — the us and the eu? i think uk wants to go on _ t

japan's softbank pledged over $100 billion. the attention of the nation's capital turned to the late president jimmy carter today. a motorcade carried his casket into washington, d.c, where the public can pay their respects. president carter was the 39th president. he was only in office for four years, but his post-presidency work reached way beyond the u.s. borders and will leave a lasting legacy. nbc's alice barr has more from the nation's capital. a solemn journey to washington today for the late president jimmy carter, who brought his signature smile to the white house in 1977 and left an impression well beyond his single presidential term, including on georgia senator raphael warnock. how do you think the country can best remember him? jimmy carter is an american hero and one of my favorite people. the man had a pure heart and, you know, he's close to a saint. and what i'd like people to ask themselves is, how many politicians would you say that about? after stopping at the u.s. navy memorial to honor the late president's

a few weeks ago, the ceo of softbank, japan's biggest company, one of the richest men in the world, wastrump promising $100 billion investment from japan into the u.s. trump wanted $200 billion. this is not the end of deal making between the countries. just might not happen in the steel industry or other industries that might be deemed national security sensitive. >> j.d. vance talked about tariff jumping. >> this is interesting. one of the first things donald trump was impose tariffs on steel coming from china. that's a real thing. china does things in its trade that do need to be dealt with. the idea though is if another country that might have had tariffs on it owns an american company, then they are not subject to the tariffs. >> not necessarily. or there are other ways to up charge that company for bringing its steel into the united states that don't fall under the tariffs moniker so to speak. there are ways to make this happen. it just wasn't going to happen under the biden administration. he made that clear. it could be a very tough road under the trump administration for a deal

billions like you have the more you look and seem like whatever jesus should be to the founders of softbank the more billions shall get. and is that not accurate? it seems accurate. all right. so, so but really the answer then would it depends. jesus, you're talking about. okay, because what there's a couple billion christians the world. right. but they don't all have same definition of jesus. they don't all have the same vision of jesus. they certainly don't have the whole the all same theology of jesus. right. some people you may have noticed from previous remarks a minute ago that i am not a christian, but, you know, some people are christian in ways that really terrify me and make me angry. but some people are christian ways that inspire me and, make me want to be a better human myself. and some people are kind of in between, which is where a lot of us are. i and so, you know, who's jesus in the tech religion? well, it depends which jesus we're talking about. doesn't it. the good one, the bad one. oh, the good one. the bad one. yeah, i mean, the bad one. you know, there are a lot of peo

last month softbank announced $00 billion, i think it'll be $200 billion, he said $100 billion, i said not 200, he said yes but might be 200, the united states create mrpg 100,000 jobs. hussein just announced tremendous investment he's going to make. that's money that's in the bank. he's going to come and do it. he'll do a great job. he'll build the best centers in the country, i guarantee. i know the way he builds. since my election the stock market has set records. s&p500 index broken above 6,000 points for the first time ever. never even close. in a single month small business optimism soared 41 points. it's not at 41. it went up 41 points. that's the largest in the 39-year history of the group that does it. according to gallup, the american people's confidence in the economy has just surged. to the highest level in history. that's why i have a news conference like that. i take the greatest business leaders in the world, i say, hey, do you want to say you're going to invest the money? they're not looking for news conferences. they're saying what am i doing? they go in and invest mon

if you take a look, just last month, softbank announced the $200 billion. i think it will be 200, he said between 100. and i said, how about making it 200? and he sort of said, yes, but let's say it's 100, but it might be 200, right? brian? dollars. united states creating more than 100,000 jobs. hussein just announced a tremendous investment that he's going to make and that that's money that's in the bank. he's going to come and do it, and he'll do a great job, and he'll build the best centers in the country, i guarantee you, because i know the way he builds. since my election, the stock market has set records. the s&p 500 index has broken above 6000 points for the first time ever. never even close in a single month. small business optimism soared 41 points. it's not a 41. it went up 41 points. and that's the largest in the 3939 year history of the group that does it, according to gallup, the american people's confidence in the economy has just surged to the highest level in history. that's why i have a news conference like that. i take the greatest busines

last month, softbank announced the $200 billion -- i said make it $200 billion and they said yes. they say $100 billion but it might be $200 billion. creating more than 100,000 jobs. hussein just announced tremendous investment people make and that is money in the bank. he will do a great job and build the best centers in the country. i know the way he builds. the stock market has set records. the s&p 500 index has broken above 6000 points for the first time ever. never even close. small business optimism sword. 41 points. it went up 41 points and that is the largest in the 39-year history of the group that does it. according to gallup the american people's confidence in the economy has surged to the highest level in history. that is why i have a news conference and i take the greatest business leaders in the world and say do you want to say you will invest the money? they are not looking for news conferences. would have i doing here? it is good to know where the smartest business people in the world are investing. they are investing in the united states. we have done this fall an