Tech
Why Arizona Is Becoming A Hotbed For Tech
Arizona has rapidly become an epicenter for electric vehicle and self-driving tech, and it’s now the site of three big new semiconductor factories as the U.S. struggles to increase production during the global chip shortage.
The Arizona Commerce Authority says it helped 634 companies relocate or expand in Arizona between 2015 and 2020. Big names include Intel, Taiwan Semiconductor Manufacturing Co. and electric vehicle companies Lucid Motors, ElectraMeccanica, Nikola and Atlis Motor Vehicles.
In 2020, Phoenix attracted more residents than any other U.S. city for the fourth year in a row, as highly skilled remote workers flocked to the lower cost of living and wide open spaces of the Grand Canyon State.
Watch the video to hear from Gov. Doug Ducey, big companies, and Arizonans about why the tech boom is happening and how it’s changing the state.
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Why Arizona Is Becoming A Hotbed For Tech
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Chinese automakers have made over $100 billion in EV and battery investments abroad since 2019, according to Atlas Public Policy, far outpacing US firms. CNBC’s Robert Ferris has more on how the Asian country got here and why.
Chapter 1: What is happening – 01:18
Chapter 2: Why this matters – 03:05
Chapter 3: The future – 06:00
CREDITS:
Produced by: Robert Ferris
Shot and edited by:
Additional Editing: Darren Geeter
Animation: Jason Reginato, Emily Park
Senior Managing Producer: Tala Hadavi
Additional Footage: Getty Images, AP
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How China came to dominate the global EV factory boom
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Cisco buys tech startup AppDynamics one day before its IPO. Here’s what to expect next.
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Cisco Buys AppDynamics One Day Before Its IPO | Tech Bet | CNBC
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The AI race is shifting from who has the biggest model to who can run, control and deploy AI most effectively.
Perplexity CEO Aravind Srinivas joins to discuss the company’s new orchestrator model, why he’s building on open-source Chinese AI, and his argument that “token value per watt” may decide the next phase of competition.
Then, Benchmark general partner Peter Fenton and Ollama CEO Jeff Morgan discuss the rise of open models, why enterprises are increasingly running models they can download and control, and what Ollama’s growth says about where the AI ecosystem is heading.
Together, the conversations get at one big question: in AI’s next race, will the winners be defined less by model access and more by cost, control and compute?
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AI’s Next Race: Cost, Control, and Compute
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Federal Reserve Chairman Kevin Warsh is floating major revisions to the central bank’s approach to assets, productivity, data, inflation and public communications. To achieve this, Warsh has created 5 “task forces” while soliciting interest from individuals outside of the Fed. This presents an opportunity for a small unelected group to influence the broader U.S. economy and value of U.S. dollars circulating globally. CNBC’s Matt Peterson reports.
Credits
Reporter: Matt Peterson
Produced and Edited by: Carlos Waters
Camera by: Charlotte Morabito
Animation: Jason Reginato
Senior Managing Producer: Shawn Baldwin
Additional Footage: Getty Images
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Members of Congress are debating the future of AI regulation at a pivotal moment for the technology. In an effort to influence the next class of lawmakers, dueling super PACs backed by AI giants like OpenAI and Anthropic are pouring millions of dollars into the midterm elections. CNBC’s Emily Wilkins breaks it down.
CREDITS:
Reporter
Emily Wilkins
Produced by
Macklin Fishman
Additional Production
Karen James Sloan
Shot by
Mickey Todiwala, Fred Soffa
Edited by
Andrea Miller, Darren Geeter
Animation
Jason Reginato, Emily Park
Senior Managing Producer
Shawn Baldwin
Additional Footage
Getty Images
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@Connor.Hamner
January 6, 2024 at 11:32 am
Whats cool is i drove by the tsmc manufacturing plant last night right outside of phoenix az huge building
@nannangao7256
January 6, 2024 at 11:32 am
Other biggest semiconductor companies in Taiwan isn’t located in desert. It’s near the sea. Same for that in South Korea and China mainland. But US makes an opposite decision. I did a research project in desert area. In my knowledge, water deficiency is I’ll lead more and more severe storms with sand and larger desert areas in desert areas. Would like to see why the environment department approved a project that needs huge amount of water there.
@elimarfonseca8760
January 6, 2024 at 11:32 am
Muito bom
@brunoferreira103
January 6, 2024 at 11:32 am
Um processo incrível
@antoniodias449
January 6, 2024 at 11:32 am
Logar maravilhoso lindo
@panicototalbr
January 6, 2024 at 11:32 am
❤
@sarafontesjordao
January 6, 2024 at 11:32 am
Vídeo bom
@user-db2ye8mx1h
January 6, 2024 at 11:32 am
Fazer muito tempo
@isabellaraquel9573
January 6, 2024 at 11:32 am
Muito bom 👍
@brunaguthyelle5506
January 6, 2024 at 11:32 am
Bacana
@jankeyj1
January 6, 2024 at 11:32 am
doug dookie…
@Fastman1954
January 6, 2024 at 11:32 am
I am not an Einstein but building factories in Arizona without water is not a good deal for anybody. San Antonio Texas in the surrounding South Texas is running out of water people are using water like it's going out of style. We will be out of water in the near future
@Alejandro67317
January 6, 2024 at 11:32 am
Californias are coming to az 😭😭
@HereInPA_Hagen
January 6, 2024 at 11:32 am
Produced by CNBC or the Arizona commerce and industry?
@claimerboy
January 6, 2024 at 11:32 am
Packing my bags while watching this BS.
@AZGT350
January 6, 2024 at 11:32 am
Phoenix was a high tech city in the 70s and 80s with Motorola hiring over 50,000 people here. I was one of them. Then Japan took over and killed Motorola. Intel still hires over 25,000 people. But now we have a new influx of companies. Best part is, it brings in highly educated people which everyone knows educated people lean left. Good for the state.
@gregcollins3404
January 6, 2024 at 11:32 am
None of these new endeavors are successful yet. Lots of promise, but plenty of challenges too.
@monito24ful
January 6, 2024 at 11:32 am
just put republicans governors and your state will change for better
@tokroni
January 6, 2024 at 11:32 am
Dont do it. Hot as balls during the summer.
@tj7870
January 6, 2024 at 11:32 am
the wealthy selling you out as always, enjoy!
@digitaltrademusic
January 6, 2024 at 11:32 am
Houston better look out
@camd6102
January 6, 2024 at 11:32 am
PBS Terra: What is the RISKIEST Region in the US as the Climate Changes? https://www.youtube.com/watch?v=l_Oe6YK0DgE
Southern AZ, southern states along the Gulf Coast and southeast Atlantic states, and in CA Imperial and east Riverside Counties. Beaufort County, SC is the riskiest.
@gpg9516
January 6, 2024 at 11:32 am
And then there’s the abundant fresh water supply.
@cchui01
January 6, 2024 at 11:32 am
Problem is there's no infrastructure to attract diversity and scholar. Like universities and startups. Will it then be only a manufacturer land?
@eddiewalker7252
January 6, 2024 at 11:32 am
ChynaForward base of Operations. CarrieLamKamala New social Contract.
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@AreHan1991
January 6, 2024 at 11:32 am
Thanx, very well made and informative. Especially interesting how Arizona’s growth changes politics away from the ultra-right
@3618499
January 6, 2024 at 11:32 am
😩" I'LL PASS!…. Arizona is another state that's just too politically conservative for Me. No amount of Technology or so-called ' economic prosperity ' can entice Me enough to move There. "
@frehmann8031
January 6, 2024 at 11:32 am
TSMC will be a great help on electrical vehicle & self-driving tech; in addition, the U.S economy
will move rapidly in next decade. Taiwan's TSMC still keep its strength all the way. American
could really emerge a better future.
@TeezyT_Sunrise
January 6, 2024 at 11:32 am
YouTube Teezy T Phoenix. Song is the truth
@jjranger5022
January 6, 2024 at 11:32 am
Just stay out of the crap hole of cottonwood az , local government is so damn curropt and need to be hing from the tree of liberty in Virginia .. F cottonwood and Sedona area .
@think_poor_people
January 6, 2024 at 11:32 am
Climate change is the major problem for Arizona State and industry. Water supply also decreases next decade.
@1313hyme
January 6, 2024 at 11:32 am
Sorry, I don't buy Arizona to be a hotbed for high tech, 🤭.
@SWLinPHX
January 6, 2024 at 11:32 am
AZ is the sixth largest state in area, fourteenth in population. Phoenix is the fifth largest city in the entire nation, behind only NYC, L.A., Chicago & Houston. Six other AZ cities (all in Phoenix area plus Tucson) are in the 100 biggest in the nation. Buckeye, AZ is in the top 5 fastest growing cities in the nation (#1 from 2020-2021). Maricopa County is one of the largest (population and area) and fastest-growing counties in the nation (Top 5 again). We have few natural disasters (no hurricanes, tsunamis, tornadoes, earthquakes, etc.). You could get a gorgeous two story home for $200K for a long time (until recently). My place doubled its value in the past five years.
@myutube8x
January 6, 2024 at 11:32 am
Water.
If the Colorado River is weak these years, living in the Southwest US could become quite the problem.
This damn drought could continue for another 10 years.
@Jesus-do1wl
January 6, 2024 at 11:32 am
Arizona sucks!