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Biden’s $50 Billion Chips Bill Needs to be Funded: GlobalFoundries CEO

Apr.07 — Thomas Caulfield, CEO at GlobalFoundries Inc, says the chip shortage began with the advent of smartphones 15 years ago and has been accelerated by the rising demand for technology adoption during the Covid-19 pandemic. He also shares what’s he looking forward to at U.S. President Biden’s chip summit planned for April 12. Caulfield…

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Apr.07 — Thomas Caulfield, CEO at GlobalFoundries Inc, says the chip shortage began with the advent of smartphones 15 years ago and has been accelerated by the rising demand for technology adoption during the Covid-19 pandemic. He also shares what’s he looking forward to at U.S. President Biden’s chip summit planned for April 12. Caulfield speaks to Emily Chang on “Bloomberg Technology”.

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6 Comments

6 Comments

  1. Holy Spirit Frequency

    April 8, 2021 at 12:30 am

    The story begins in sepia-toned Kansas, where Dorothy Gale lives with her Cairn Terrier, Toto on a farm belonging to her Aunt Em and Uncle Henry. Toto bites neighbor Miss Almira Gulch on the leg, leading her to obtain a sheriff’s order to have him euthanized. Miss Gulch takes Toto away, but he escapes and returns to Dorothy; she decides to run away to save her dog. Not far from the farm, she runs into Professor Marvel, a fortune-teller who uses his crystal ball to make Dorothy believe that Aunt Em is heartbroken. Dorothy rushes home as a tornado approaches. Aunt Em, Uncle Henry, and the farmhands take shelter in the storm cellar and lock it behind them. Dorothy has to seek shelter in her bedroom, where the window is blown in and hits her on the head, knocking her unconscious. The house is sent spinning into the air, and she awakens to see various figures fly by, including Miss Gulch, who transforms into a witch, flying on her broomstick.

    The film changes to Technicolor as Dorothy’s house lands in Munchkinland in the Land of Oz. Glinda the Good Witch of the North and the Munchkins welcome her as a heroine, as the falling house has killed the Wicked Witch of the East. As the Munchkin celebrate the end of their slavery, the Wicked Witch of the West arrives to claim her sister’s ruby slippers, but Glinda transfers them onto Dorothy’s feet. Enraged, the Witch swears revenge on Dorothy and vanishes. Glinda tells Dorothy to follow the Yellow Brick Road to Emerald City, where she can ask the Wizard of Oz to help her return home. On her journey, Dorothy meets a Scarecrow, who wants a brain; a Tin Woodman, who seeks a heart; and a Cowardly Lion, who desires courage. She invites them to accompany her and ask the Wizard for what they lack. Despite the Witch’s attempts to stop them with sleeping spells and other magic, they reach the city and see the Wizard, who appears as a giant ghostly head. He agrees to grant their requests if they bring him the Witch’s broomstick.

    As they make their way to the Witch’s castle, the Witch captures Dorothy and tries to take off the slippers. But after they electrocute her, she realises that the slippers will only be removed after Dorothy’s life ends. She turns over an hourglass full of blood-red sand and leaves Dorothy to die. Toto escapes and leads her three friends to the castle. They ambush three guards, don their uniforms, and free Dorothy. The Witch and more guards pursue and surround them. The Witch sets fire to the Scarecrow, causing Dorothy to toss a bucket of water on him, inadvertently splashing the Witch, who melts until only her black witch outfit remains. The guards rejoice and give Dorothy her broomstick. Upon their return, the Wizard stalls in fulfilling his promises until Toto pulls back a curtain, exposing the “Wizard” as a fraud operating machinery. Admitting to being a humbug, he insists he is “a good man, but a bad wizard.” He gives the Scarecrow a diploma, the Lion a medal, and the Tin Man a ticking heart-shaped clock, helping them see that they already possessed the qualities they wanted. He offers to take Dorothy and Toto home in his hot air balloon, revealing that he is also from Kansas and was originally a carnival showman before his balloon escaped Kansas and brought him to the Emerald City.

    As Dorothy and the Wizard prepare to depart, the Wizard places the Scarecrow in charge of Emerald City, with the Tin Man and Lion as his aides. Toto leaps from Dorothy’s arms. As Dorothy pursues Toto, the balloon departs with the Wizard. Glinda then appears and tells Dorothy that she has always had the power to return home using the ruby slippers. After Dorothy bids the Scarecrow, Tin Man, and Lion goodbye, Glinda instructs her to tap her heels together three times and say: “There’s no place like home.” When Dorothy does, she awakens in her bedroom, surrounded by her family and friends. Everyone dismisses her adventure as a dream, but Dorothy insists it was real. She says she will never run away again and declares: “There’s no place like home!”

  2. Xpeng Fangirl

    April 8, 2021 at 12:34 am

    ask chyna, we pay small money 50 billion, is nothing, usa must pay back, give resources for chyna hungry to take power and lead globe, like superpower, is easy now

  3. Zoe Hudson

    April 8, 2021 at 12:35 am

    0:17
    vol.gen.in

  4. tm203

    April 8, 2021 at 12:41 am

    wow, when this guy started his intro with story time like no one else lived in the last 15 years, i immediately know this guy has no substance

  5. Cronin Kerstin

    April 8, 2021 at 12:47 am

    0:18
    vor.kim

  6. the matrix has you.

    April 8, 2021 at 12:49 am

    Is (TSM) a buy and long hold ????

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Bloomberg Technology

SpaceX May Buy Data From Failed Startups for AI Models

Elon Musk’s SpaceX has held internal discussions about buying customer and operational information from troubled or defunct startups, according to people familiar with the matter. That data could help improve its artificial intelligence models. Ed Ludlow reports. ——– Like this video? Subscribe to Bloomberg Tech on YouTube:   Watch the latest full episodes of “Bloomberg Tech”…

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Elon Musk’s SpaceX has held internal discussions about buying customer and operational information from troubled or defunct startups, according to people familiar with the matter. That data could help improve its artificial intelligence models. Ed Ludlow reports.
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AI Wealth Boom Leaves Out Silicon Valley’s Jobless Tech Workers

As the global AI debate heats up, another major AI-related discussion is roiling the US tech capital: Who is reaping the financial benefits of the AI boom, and who is missing out? As the coming IPOs of Anthropic and OpenAI are set to bring wealth to San Francisco, a recent gathering of laid-off workers highlight…

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As the global AI debate heats up, another major AI-related discussion is roiling the US tech capital: Who is reaping the financial benefits of the AI boom, and who is missing out? As the coming IPOs of Anthropic and OpenAI are set to bring wealth to San Francisco, a recent gathering of laid-off workers highlight the flip side of the AI boom. Bloomberg’s California reporter Francesca Maglione joins Ed Ludlow on “Bloomberg Tech.”
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Bloomberg Technology

The Case for AI Guardrails Without a Slowdown

AI is helping companies build faster, but as competition at the frontier intensifies, should there be limits on how much risk companies can take to stay ahead? Karen McCormick, chief investment officer at Beringea, argues the answer isn’t slowing innovation, but establishing common guardrails around testing, cybersecurity, and incident reporting. She joins Ed Ludlow on…

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AI is helping companies build faster, but as competition at the frontier intensifies, should there be limits on how much risk companies can take to stay ahead? Karen McCormick, chief investment officer at Beringea, argues the answer isn’t slowing innovation, but establishing common guardrails around testing, cybersecurity, and incident reporting. She joins Ed Ludlow on “Bloomberg Tech.”
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