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tv   Business Today  BBC News  May 21, 2024 2:30am-2:45am BST

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our north america business correspondent michelle fleury has all the details. the future of the pc may be here. microsoft announced new conversational artificial intelligence features for windows pcs and a line of surface tablet computers. one of the features is dubbed to help you find anything you viewed on the pc in the past. there's also a live translation of 44 languages into english, and something for creative teams — for example, in microsoft paint, it draws an image based on your sketch. these are all powered with new ai chips to deliver longer battery life, and all this matters because today, most ai software runs in the cloud, which uses a lot of energy. being able to work on the device thanks to more processing power, that not only improves the data security, it's also more climate friendly.
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microsoft is hoping its new ai checks will help kick—start a new era of pc sales. sticking with al — a global summit on artificial intelligence kicks off in south korea's capital of seoul on tuesday, focusing largely on al safety. this follows an inaugural meeting held in the uk last november. i spoke to industry expert wei sun about her expectations from this summit, but started off by asking her if she thinks microsoft's new pcs will be a gamechangerfor the industry. i think it's a big moment for not only microsoft and the pc industry, but also shows the ambition and capability of incorporating the ai pc, so everyone can have it anywhere. it is a big change. return back to the summit, what will be the main focus of these meetings in south korea? i think the government and the countries will need
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to collaborate on consensus on al framework, especially for legal frameworks. so everyone can collaborate better. also, you mentioned microsoft, last week about google and openai. how transparent they can be when they are developing a frontier ai model. that's a big problem and that is a big issue to talk about, in my opinion. it is moving fast. a lot of announcements lately. we've just seen the microsoft and chatgpt. this presents more challenges to keep up? yes, and i think the policies are lagging, but with al progress, it needs to speed up and countries need to collaborate to make sure that everything is bringing the beneficial side of societies. regulators will be interested in protecting consumers and the ethics of ai.
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is ethics something corporations are also working towards 7 i think some of them are, but there's no enforcements, there is no agreement on that. i think it needs to be discussed on the top level, and then it can be implemented on a much finer level of the ai deployment. you mention them for a global framework. this will come with challenges, co—ordinating different countries and their legal frameworks? different countries and their legalframeworks? i different countries and their legal frameworks?— different countries and their legal frameworks? i think so but we can — legal frameworks? i think so but we can always _ legal frameworks? i think so but we can always reach - legal frameworks? i think so but we can always reach a i legal frameworks? i think so l but we can always reach a very basic agreement first, ai but we can always reach a very basic agreement first, alto not harm human beings or it can minimise the negative impacts of this technology. there are always some basic agreements to agree upon first and then we can build on that and refine it in the future. american actress scarlett
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johansson has taken legal advice against openai after it released an artificial voice similar to hers in its chatbot. in a statement, she said she was shocked and angered. she also said the company's ceo, sam altman, had offered to hire her last september as the platform's voice but she'd declined. two days before the app version was released, mr altman asked her to reconsider but went ahead regardless with the mimicking voice known as �*sky�*. msjohansson said openai only uspended the voice after receiving two letters from her legal counsel. turning to south east asia, the indo—pacific business forum is about to get under way in the philippines. organised by the us trade and development agency, it connects businesses to government officials and financing sources. the development of an economic corridor in the south—east asian country will be closely watched. it falls under a us initiative touted as an alternative to china's belt and road. amos hochstein, the adviser to us presidentjoe biden on energy and investment, laid out america's priorities for the summit.
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this is the largest it has been and the highest level. and i am here representing president biden because the importance of the indo—pacific for the us economy, for the global economy in general but specifically the growth of the us as we focus on supply chains and strengthening our economic relationships with countries in this region and chief among them, the conference in manila, where president bidenjust met with trilateral meetings with the white house with other prime ministers. we are here to follow up on that to make sure that we can have those investments under way as quickly as possible and to see how we can connect american businesses together with the indo—pacific here in manila. how are you getting on with that? the economic corridor announced last month, any development there? we are very excited about this
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corridor and what this means is you try to look at how do we prioritise investments in the infrastructure necessary to drive business. businesses looking to invest in the region, in the philippines, for example, need to make sure they have access to affordable and reliable energy, that the railroads, airports are functioning, the necessities are there and that alone, that investment alone, could turn into billions of dollars in investment in advanced sectors and a varied number of sectors, whether in the microchip and a semiconductor industry, all the way to the agriculture business. the need to have physical infrastructure to connect them to each other and the global markets, that is what we are announcing that the white house last month, we're here to follow up on that, teams on the ground working with business and government to identify how best to move
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that along and to identify the financing and lower cost capital to make sure those investments happen. a quick question of semiconductors. how will the philippines fit into the grand scheme of interest to the us. i think you have noticed that we are zeroing in on semiconductors and chips overall. the philippines already has a number of important semiconductor companies here, including american ones. we would like to see that expand so that we can diversify the global supply of semiconductors. philippines happens to be a great country with a good government, relationship with the us, existing industry already in the semiconductors, so the more we can do to make sure that the cost of capital for additional investments, the access to the ports on the airports and the roads are there, that there is enough clean and reliable and affordable energy.
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for this business we need a lot of energy concentrated 21w. as we look to attract more investment into the semiconductor and microchip business, we want to focus on the surrounding infrastructure that will support those investments. in other news, us private equity group carlyle has stepped in to buy japan's kfc operator for $835 million. currently, japanese trading house mitsubishi corp owns roughly 35% of kfcjapan. but that stake will also be acquired by carlyle once the deal closes. they have a track record with restaurants in asia. they own mcdonald's in china. turning to india now, where parts of the country are sizzling under an intense heatwave. the hot temperatures are expected to continue through the week, disrupting life and polling numbers as millions of indians cast their vote during the two—month long election.
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our india business correspondent nikhil inamdar has the latest. the heat is particularly bad in new delhi where temperatures have soared above 45 degrees over the last few days. the department has predicted that maximum temperatures in many northern cities will hover around these levels in the coming days as the heat wave spreads to parts of western and central india. this comes as early as that to go to the polls. turner has been affected because of the extreme temperatures with the election authorities extending voting timings and asking people to protect themselves against the extreme heat. the central bank has also warned last month the soaring mercury could pose a risk to food inflation which has remained sticky here in india. companies are seeing ac units flying off the shelves and expecting double—digit sales growth this season. and before we go,
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gold prices have hit another record as investors pour money into the safe—haven asset. the inflows come amid a lower appetite for risk, given rising geopolitical tensions and uncertainty over when the us federal reserve will lower the cost of borrowing with inflation still elevated. the price of silver also jumped to an 11—year high. and that's it for this edition of business today. back again tomorrow. see you then.
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hi, i am julia with the catch up. a 50—year scandal, updates from the middle east and a real—life shooting star. first, the nhs knowingly exposed patients to unacceptable risks by treating them with infected blood. that is what it says in a report that went public today after a five—year investigation. it accuses doctors, the government and the nhs of letting patients catch hiv and hepatitis
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in the �*70s, �*80s and �*90s, and then covering it up. ronan�*s motherjane died after being treated with infected blood when she was 16. he says this was no accident and the truth is finally coming out. about 3000 people have died and experts say more deaths will follow. rishi sunak has called it a day of shame for the british state and has apologised and promised to offer compensation to victims. some stories from the middle east now. the chief prosecutor of the icc is looking to get arrest warrants for the prime minister of israel and the leader of hamas. they are the group in control of gaza who the uk government say are terrorists. the president of iran has been killed in a helicopter crash along with their foreign minister and six others. it crashed in heavy fog in the north of the country. we will leave you with ten seconds of this mysterious fireball.
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the internet has been flooded with videos after this lit up the sky over spain and portugal on sunday night. the european space agency says it looks like a small piece of a comet. that is it, you are all caught up now. have a good night. hello and welcome to sportsday. i'm sarah mulkerrins. coming up on the programme: in with the new for liverpool: arne slot is officially confirmed as the club's new manager in place of the departing jurgen klopp. with 100 days to go until the paralympics in paris, a disability charity says it's "scandalous" more hasn't been done to improve accessibility on the metro. and reaching her peak — can imogen boddy get the better
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of one of great britain's toughest challenges in running? welcome along to the programme. let's start with arne slot, who says the opportunity to work at one of the biggest clubs in the world was "difficult to ignore" as he was confirmed as liverpool's new head coach. the reds had already agreed a compensation deal worth £91; million with feyenoord. he replaces jurgen klopp, who had been in charge of liverpool since october 2015. here's our correspondent andy swiss. he has signed a three—year contract. he will officially start at liverpool on ijune, after they agreed a deal worth more than £9 million,
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which gives you an idea which is how

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