let's talk to dan ives about this, managing director of wedbush securities.lly hoping he is able to talk to us! no. we have got down, i am assured. we are having a few technical glitches, ionic and get talking about grok. tell us more about what elon musk has launched. this is part of his way to grab content will ultimately musk is trying to being a chatgpt rival, kicking x to the next level. it is an arms race when it comes to ai. first microsoft, google, now musk. interesting his timing given where he was last week discussing the risk of ai and machine learning, the risk to humanity with some of the world leaders. yet this week he launches grok. it leaders. yet this week he launches grok.— launches grok. it is 'ust a reality where i launches grok. it is 'ust a reality where he h launches grok. it isjust a reality where he could . launches grok. it isjust a l reality where he could talk about the risk but they need to jump about the risk but they need to jump into the deep end of the poor and really what they are doing here with grok as this is their ability

earlier i spoke to managing director at wedbush securities dan ives and he said openai's board might not walk away from this unscathed. this is a train wreck situation. i mean, the board clearly overplayed their hand. i'd almost call it a coup attempt in terms of trying to get altman out but this is going to backfire. i'd expect potentially the board to be out in the next 2a hours, altman to be back. he is the golden child of ai and microsoft another investors are focussed on it. we do you think the issues are? we are all speculating here but it does seem rather bizarre, given such a high—profile company? look, i think this was essentially a political battle between altman and the board and i think the board essentially overplayed their hand. they did not understand the global ripple effect here because if altman became a free agent who could go out after him? amazon, musk, apple. that is when dell and microsoft and other investors swept in. four people on the board, they are not going to impact the trajectory of ai from microsoft and really for the tech industry for decades to come.

daniel ives is managing director at wedbush securities and he's been following the ai revolution verylosely. it's a train wreck situation, the board overplayed their hand, i would almost call it a coup attempt in trying to get him out. this is going to backfire, i would expect the board to be out in the next 2a hours and sam altman to be back, he is the golden child of ai and that is what microsoft and other investors are focused on. ~ . and other investors are focused on, ~ ., ., and other investors are focused on. ~ . ., “ on. what do you think the issues are? _ on. what do you think the issues are? i _ on. what do you think the issues are? i know - on. what do you think the issues are? i know we - on. what do you think the issues are? i know we are on. what do you think the i issues are? i know we are all speculating here but it does seem rather bizarre given such a high—profile company. i seem rather bizarre given such a high-profile company. i think was essentially _ a high-profile company. i think was essentially a _ a high-profile company. i think was essentially a political- w

there, managing director wedbush securities dead. i've says there will be ramifications for the firing for years to come up. >> altman is the golden child that they are. and this is going report across the industry as well as wall street. >> the former ceo of twitch and it shear has been named interim ceo at openai and he says one of the first things he'll do in his new role is hire an independent investigator to, quote, dig into the entire process leading up to this point. >> events happened all across the bay area tonight to commemorate transgender day of remembrance in oakland, the local lgbtq community center held a free event to remember those lost to violence. >> we have so much power and resilient and success and beauty within enjoy within our community. and so this event is used to commemorate all of the positive. all of our lives. but in addition to, you know, obviously the deaths in the passing that renditions of fellow friend and transcanada pass and then murdered, you know, even our overdose or who have. >> so from the ba

the board resigns and almond co-founder greg broughton are reinstated managing director at wedbush securities. dan ives says there will be ramifications from all inspiring for years to come here with a black eye an >> it's a black eye. the industry. it relative all and how important it was. our global. >> the former ceo of twitch and it shear posted on x today that he's accepted the role as interim ceo at openai and that one of his first things he'll % be doing in his new role is hire an independent investigator to, quote, dig into the entire process leading up to this point reporting in the newsroom. i'm rob nesbitt kron. 4 news. thanks, rob. the ceo of cruz has resigned. kyle vogt posting on x. >> i resigned from my position as ceo adding he plans to spend time with family and explore some new ideas. earlier this month, the company said it was planning to lay off third-party vendors. driverless operations were also suspended recently in a recall was place on all vehicles. it's been tumultuous there. cruz is also currently under investigation by state senator dave cortese. he's looking into

let's get more on this from tech analyst dan ives, managing director at wedbush securities. lovely togain. this is all a bit embarrassing, isn't it?— is all a bit embarrassing, isn't it? ,, :, , , ., isn't it? essentially it is a train wreck. _ isn't it? essentially it is a train wreck. not - isn't it? essentially it is a train wreck. notjust - isn't it? essentially it is a| train wreck. notjust from microsoft but for all the investors here because you look at what is unfolding, he is the face, notjust of openai but of ai globally and this has been essentially almost a coup by the board. and now it is all trying to play out with altman trying to play out with altman trying to play out with altman trying to come back. is it really what _ trying to come back. is it really what david - trying to come back. is it| really what david outlined there in his report that at the end of the day the board may want to get rid of them because they don't feel like they can work with them? but investors are not happy about his removal. is that really what is going on?— going on? investors and microsof

and almond co-founder greg broughton are reinstated managing director at wedbush securities dan ivesan's firing is a black eye for openai altman is the golden child that they are. >> and this is going report back. across the industry as well as wall street. >> the former ceo of twitch and it shear posted on x today that he's accepted the role as interim ceo at openai and that one of his first things he'll be doing in his new role is hire an independent investigator to, quote, dig into the entire process leading up to this point reporting in the newsroom. i'm rob nesbitt kron. 4 news. meta has announced it's getting rid of the division meant to regulate the safety of artificial say anyone in that division will now be moved to. >> a different team. a spokesperson for meta says the company will continue to prioritize and invest in safe and responsible ai development. >> and our nation's capitol as congress continues to debate the country's budget. health officials are warning hiv prevention cannot be a part of any spending cut. health professionals say even with the drop in new infectio

that let's bring in matt bryson, senior vice president of research covering the hardware at wedbush securities ever top nvidia's last quarter where they went from 7 or 8 billion prior to 11 billion basically at the drop of a hat. i do wonder about a couple of things, though we're getting more clarity on how much of that might have been preordering around concerns china's crackdown. could that be a hangover starting to see more competition in the space because people obviously don't want to have to pay nvidia up to the gills for its technology so, at what point do those concerns start to become more evident in the results, do you think? i doubt it's probably tonight. >> that's exactly it it's not tonight so, i just came back from a super computing conference there are people still talking about 200 plus day lead times to source nvidia gpus so, even with changes in china, i think at this point it's still a little bit unclear whether nvidia will be able to revise its chips to ship it to china or not. i think it's unlikely that nvidia is able to meet demands through q2 of next year. so the questio

whole team there, the managing director at wedbush securities, dan ives says that there will be ramificationsaltman's firing for years to come. >> altman is the golden child of a doubt. and this is average close across the industry as well as wall street. >> the former ceo of twitch sheer was named the interim ceo for openai and he says one of the first things he's going to be doing in his new role is hiring an independent investigator to dig into the entire process that led up to this point. there's more to come out for sure. >> 6.41 the time for nearly a quarter of a century november 20th has been dedicated to honor members of the transgender community who died as a result violence suicide or from unknown causes. transgender advocates are saying that over the last year political rhetoric against the trans community and anti-trans legislation has increased making life much more dangerous for the transgender community. >> let's really take a look at ourselves a society really determine how how it is that we want stand up for transgender people and how we want to protect transgender people in

the managing director at wedbush securities, dan ives says that there will be ramifications from altman'sfor years to come. >> altman is the golden child of a out and this is going report back. across the industry as well as wall street. >> former ceo of twitch emmett shear has been named interim ceo at open ai and he says one of the thing is he's going to do in his new role is hire an independent investigator to get to the bottom of what happened with the firing. everything leading up to it. >> 7.39 the time and the thanksgiving travel season is underway this morning. and there we have a live look at what traffic is like. they're all the drop-offs and pickups sfo. wow. wow. is their second busiest, they think will be the second busiest travel. yeah. and tomorrow, even busier fact, they say could be the busiest in history. as we've been talking about. we also have some pointers. >> on what you should do to make things as smooth as possible. our dc correspondent basil john has more. >> whether you're traveling by car or plane this year, officials are asking travelers to be patient with the

joined microsoft or he's going oversee a new ai resurging team there and director at wieden bush wedbush securitiesn ives is there will be ramifications from altman's firing for years to come. >> altman is the golden child that they are and this is average close across the industry as well as wall street. >> well, the former seal twitch in it she year has been named interim. see a little i he says one of the first things he'll be d ing in his new role as hired an independent investigator to they get to the entire process leading up to this point. wall street parking in san francisco will stay free on sundays unless voters choose otherwise. a while back as made a proposal to extend parking meter hours to later in the evening and on sundays. that plan came to a halt after supervisor chesa fi. aaron peskin reached a deal with the agency. proposal will now be added as a ballot measure in march they wanted to extend meter hours. citing funding needs for the cities. public transit system. still ahead of morning news, congress continues to debate on the country's budget. we have a health official now urgi

there, managing director at wedbush securities.says that there will be ramifications from altman's firing for years to come. >> altman is the golden child of a a and this is going report across the industry as well as wall street. >> the former ceo of twitch sheer who you see there, he was named the interim ceo and openai and he says one of the first things he's going to do in his new role is hire an independent investigator to dig into the entire process leading up to this point. >> it's 9.39, right now. and we're all about thanksgiving travel this morning. it really gets under way. this election has it is. yeah, lot of they're going to be awfully busy this week. >> and by the way, the department of transportation is also laying out some steps on how you can do it safely. how you can hopefully get through the whole system without too much effort. we have reduced correspondent basil john, with that. whether you're traveling by car or plane this year, officials are asking travelers to be patient. >> with the holiday season just arou

scooped up by microsoft for us going to oversee a new ai research team, the managing director at wedbush securitiess there will be ramifications from altman's firing for years to come. >> alderman is the golden child that they are. and this is going report across the industry as well as wall street. >> the former ceo of twitch and cheer was named interim ceo at openai. he says he will hire an independent investigator to dig into the entire process leading up to this point. for nearly a quarter century november 20th, the has been dedicated to honoring members of the transgender community who died as a result of violence or suicide or unknown causes. advocates say the rhetoric against the trans community has been increasing making life more dangerous. >> let's really take a look at ourselves a society really determine how how it is that we want stand up for transgender people and how we want to protect transgender people and they truly by taking a stance against the rhetoric and the hatred that we are seeing. >> president biden issued a statement yesterday a grieving the 26 transgender americans who

joining us at post nine dan ives wedbush securities analyst.h are going to explode in the coming quarters, i guess? >> yeah. to me it's about use cases. we right now have about 80 use cases for ai, based on all of our survey work. three months ago that was 15 to 20. i think that's what we're seeing even in earnings. if you look at microsoft and data dog, now it's the first, second derivative. we believe the third and fourth wit hill in 2024 n, in my opini, the new tech bull market has begun. >> will that manifest and ignite in the aws reinvent events? >> i think it's going to be front and center. you saw nadella and now jassy and aws, google, oracle, going to be another one, i think that's the key from an install base perspective. you look at adobe and oracle, salesforce, and right now, the top of the mountain is, of course, microsoft, but you look at what aws is doing, a huge monetization for them. i believe that's the golden goose, what this is going after and we think it's a trillion of dollars spend over the next decade going to hit the sho