Episode Transcript
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Speaker 1 (00:00):
It is Colorado's Morning News. Two major tech companies teaming
up on a computer infrastructure, open.
Speaker 2 (00:05):
Ai and VideA have both announced a new strategic partnership
that will be making a massive investment into chat. Gpteam
joining us now on the KWA Common Spirit Health hotline.
For our Tech Tuesday chat is ABC News Tech reporter
Mike Debuski. Mike, appreciate your time as always. Okay, how
much are we talking here when we're talking about this deal?
And what's this money going to be used for?
Speaker 3 (00:25):
So the thing that it's going to be used for
is data centers. These are essentially giant warehouses full of
really really powerful computers, and these are becoming increasingly important
amid the rise of generative artificial intelligence. So the idea
here is that companies like open ai can use these
data centers. They can either build them themselves, they can
(00:45):
contract out with other companies to run you basically, really
intensive computer programs, such as the ones that run generative
AI programs. Open Ai says this investment from Nvidia will
total up to one hundred billion dollars and will be
used to power the next generation of their artificial intelligence
on their way to creating what they call super intelligence,
(01:07):
which is kind of a vaguely defined term in the
AI space, but it's generally used to describe AI that
surpasses the capabilities of humans.
Speaker 1 (01:16):
I am fascinated by all this, but beyond my depth
and all this, so I'll just ask the money question
is open ai is it going to be profitable?
Speaker 3 (01:23):
It's a great question. Open ai right now is not profitable.
They don't make money on any of their products, although
their revenues have been going up according to the data
that they've shared, which even then some people have started
to question. Last year they reported that they made about
five and a half billion dollars. This year, it's closer
to ten or twelve so far. But again, you know,
(01:46):
we are only kind of getting drips and drabs from
this company, and as of right now, they are spending
more than they're making, and that means that the number
is going down and that they have some bills coming
up that they're going to need to pay. This with
Nvidia is not the only major deal that open ai
has struck in recent months and years for computer infrastructure.
(02:09):
Earlier this month, even they struck a deal with Auricle
to commit three hundred billion dollars over the next five
years to help them to help with the supply of
crowd of cloud computing infrastructure. Excuse me. They're also set
to receive ten billion dollars from Broadcom to develop new
AI focused chips, and of course they've received many billions
(02:31):
of dollars from Microsoft over the last few years. That
relationship between these two companies does appear to be unwinding.
The point is, guys, open Ai is racking up some
pretty steep bills here and they're still not profitable. They predict.
Sam Altman, the CEO of this company, predicts that they
will start to break even in twenty twenty nine. However,
(02:51):
the payments are going to need to start being made
before then, so that means they're relying on, you know,
investors to continue funding this operation, and you know, that
is a kind of big question mark going forward. So yeah,
it's going to be something interesting to track over the
next few years.
Speaker 2 (03:06):
All right, Mike, while we have you a couple of
Tech Tuesday topics we want to cover today because that
new iPhone is out and you've had some opportunities to
check it out, see what you like, what you don't like.
I'm not going to lie. When I first saw it,
I thought the camera part of it was very fascinating
looking just look thicker than what you usually see with
an iPhone. What are we hearing with review wise with
this new iPhone.
Speaker 3 (03:26):
Yeah, it's a big design update this year, and I
think that has spurred a lot of interest in the
phones this year. We saw, you know, some real interest
over the weekend when the phone launched in person, you know,
people lining up around the block. I was at an
Apple store here in New York City to talk to
an Apple representative and there was a line around the block.
People still do that for new iPhones. And in addition
(03:48):
to that, it does seem to be reflected in early
predictions in terms of interest in the phones. Webbush Securities,
which tracks this sort of thing, says that the iPhone
seventeen is tracking about ten to fifteen ten percent ahead
of the iPhone sixteen when it comes to early orders
in terms of how the phone is being received. It's
broadly positive. That camera, the new design, there's a bright
(04:10):
orange color for the pro level phones, and there's a
brand new iPhone, there's the iPhone Air, a new version
of the phone. Does seem to be getting pretty good reviews.
There's you know, complaints here and there. The battery on
the iPhone Air does seem to be falling slightly short
of what Apple had been predicting. There's maybe a scratching
problem with the sort of camera cut out on the
(04:31):
higher level phones, especially if you get a bright color.
That means put these things in a case. Generally speaking, however,
you know they are well reviewed and holding them on Friday,
I have to say they do feel like nice premium products,
which you know, is something that we should have come
to expect from Apple. They have been making a lot
of noise about how durable the iPhone Air is. I
think we'll have to weigh a little bit longer to
(04:53):
see how these things really perform in the real world
once people stop kind of, you know, treating them with
such care over the first couple weeks. So that's going
to be something that's going to be a continuing question
for me. However, generally speaking, it seems like the reviews
are in. They are positive, and that's being reflected in
sales numbers.
Speaker 1 (05:09):
ABC News Tech reporter Mike Debuski, Thanks Mike, of course, guys,
take care
It is Colorado's Morning News. Two major tech companies teaming
up on a computer infrastructure, open.
Speaker 2 (00:05):
Ai and VideA have both announced a new strategic partnership
that will be making a massive investment into chat. Gpteam
joining us now on the KWA Common Spirit Health hotline.
For our Tech Tuesday chat is ABC News Tech reporter
Mike Debuski. Mike, appreciate your time as always. Okay, how
much are we talking here when we're talking about this deal?
And what's this money going to be used for?
Speaker 3 (00:25):
So the thing that it's going to be used for
is data centers. These are essentially giant warehouses full of
really really powerful computers, and these are becoming increasingly important
amid the rise of generative artificial intelligence. So the idea
here is that companies like open ai can use these
data centers. They can either build them themselves, they can
(00:45):
contract out with other companies to run you basically, really
intensive computer programs, such as the ones that run generative
AI programs. Open Ai says this investment from Nvidia will
total up to one hundred billion dollars and will be
used to power the next generation of their artificial intelligence
on their way to creating what they call super intelligence,
(01:07):
which is kind of a vaguely defined term in the
AI space, but it's generally used to describe AI that
surpasses the capabilities of humans.
Speaker 1 (01:16):
I am fascinated by all this, but beyond my depth
and all this, so I'll just ask the money question
is open ai is it going to be profitable?
Speaker 3 (01:23):
It's a great question. Open ai right now is not profitable.
They don't make money on any of their products, although
their revenues have been going up according to the data
that they've shared, which even then some people have started
to question. Last year they reported that they made about
five and a half billion dollars. This year, it's closer
to ten or twelve so far. But again, you know,
(01:46):
we are only kind of getting drips and drabs from
this company, and as of right now, they are spending
more than they're making, and that means that the number
is going down and that they have some bills coming
up that they're going to need to pay. This with
Nvidia is not the only major deal that open ai
has struck in recent months and years for computer infrastructure.
(02:09):
Earlier this month, even they struck a deal with Auricle
to commit three hundred billion dollars over the next five
years to help them to help with the supply of
crowd of cloud computing infrastructure. Excuse me. They're also set
to receive ten billion dollars from Broadcom to develop new
AI focused chips, and of course they've received many billions
(02:31):
of dollars from Microsoft over the last few years. That
relationship between these two companies does appear to be unwinding.
The point is, guys, open Ai is racking up some
pretty steep bills here and they're still not profitable. They predict.
Sam Altman, the CEO of this company, predicts that they
will start to break even in twenty twenty nine. However,
(02:51):
the payments are going to need to start being made
before then, so that means they're relying on, you know,
investors to continue funding this operation, and you know, that
is a kind of big question mark going forward. So yeah,
it's going to be something interesting to track over the
next few years.
Speaker 2 (03:06):
All right, Mike, while we have you a couple of
Tech Tuesday topics we want to cover today because that
new iPhone is out and you've had some opportunities to
check it out, see what you like, what you don't like.
I'm not going to lie. When I first saw it,
I thought the camera part of it was very fascinating
looking just look thicker than what you usually see with
an iPhone. What are we hearing with review wise with
this new iPhone.
Speaker 3 (03:26):
Yeah, it's a big design update this year, and I
think that has spurred a lot of interest in the
phones this year. We saw, you know, some real interest
over the weekend when the phone launched in person, you know,
people lining up around the block. I was at an
Apple store here in New York City to talk to
an Apple representative and there was a line around the block.
People still do that for new iPhones. And in addition
(03:48):
to that, it does seem to be reflected in early
predictions in terms of interest in the phones. Webbush Securities,
which tracks this sort of thing, says that the iPhone
seventeen is tracking about ten to fifteen ten percent ahead
of the iPhone sixteen when it comes to early orders
in terms of how the phone is being received. It's
broadly positive. That camera, the new design, there's a bright
(04:10):
orange color for the pro level phones, and there's a
brand new iPhone, there's the iPhone Air, a new version
of the phone. Does seem to be getting pretty good reviews.
There's you know, complaints here and there. The battery on
the iPhone Air does seem to be falling slightly short
of what Apple had been predicting. There's maybe a scratching
problem with the sort of camera cut out on the
(04:31):
higher level phones, especially if you get a bright color.
That means put these things in a case. Generally speaking, however,
you know they are well reviewed and holding them on Friday,
I have to say they do feel like nice premium products,
which you know, is something that we should have come
to expect from Apple. They have been making a lot
of noise about how durable the iPhone Air is. I
think we'll have to weigh a little bit longer to
(04:53):
see how these things really perform in the real world
once people stop kind of, you know, treating them with
such care over the first couple weeks. So that's going
to be something that's going to be a continuing question
for me. However, generally speaking, it seems like the reviews
are in. They are positive, and that's being reflected in
sales numbers.
Speaker 1 (05:09):
ABC News Tech reporter Mike Debuski, Thanks Mike, of course, guys,
take care
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