Tech
Why Companies Like JP Morgan And Visa Are Creating Crypto Tokens
Mainstream financial companies from JP Morgan to Visa are creating their own crypto currencies, known as stablecoins. Market analysts predict they could disrupt the credit card industry. Watch the video to learn why corporate giants are racing to launch their own crypto tokens.
Chapters:
0:00 Introduction
1:48 The corporate embrace
7:06 Crypto risks
8:53 Regulation pushes ahead
Hosted by MacKenzie Sigalos
Reporting by Tanaya Macheel, Kaan Oguz
Senior Managing Producer Jordan Smith
Edited by Nora Rappaport
Animation by Mithra Krishnan
Senior Director of Video Lindsey Jacobson
Additional Footage Getty Images
Additional Sources Circle, Tether, CoinMarketCap, Fact Set
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Why Companies Like JP Morgan And Visa Are Creating Crypto Tokens
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Tech
Elon Muskâs Memphis Takeover â The Marvels And Messiness Of SpaceXâs AI Buildout
Elon Musk’s xAI, now known as SpaceXAI following a merger with SpaceX, has made the Memphis, Tennessee area the center of its AI ambitions. XAI is building three data centers there, as well as a power plant in Southaven, Mississippi. XAI’s AI infrastructure there truly deserves its name Colossus. It’s a modern marvel that was built with breakneck speed. Anthropic and Google are now renting compute capacity at the data centers in a deals worth billions of dollars. But some say the buildout has been chaotic. XAI is now facing multiple lawsuits accusing the company of using loud, pollution-emitting gas turbines, some without the required Clean Air Act permits. CNBC traveled to Memphis and Southaven to speak with locals to learn why the data centers are such a flashpoint, to find out why backlash against data centers is spreading nationwide, and to learn what hyperscalers can do to win support as they race to build AI infrastructure.
Chapters:
00:00 – 3:54 Introduction
3:55 – 10:28 SpaceXâs AI ambitions
10:29 – 17:02 Gas-burning turbines
17:03 – 20:28 Constant noise
20:29 – 22:37 Millions of gallons of water
22:38 – 28:59 Growing AI backlash
Senior Director: Jeniece Pettitt
Reporter: Lora Kolodny
Camera and Additional Editing: Andrew Evers
Edited by: Marisa Forziati
Animation: Jason Reginato, Emily Park
VP, Executive Producer: Kamelia Angelova
Senior Technology Editor: Ari Levy
Bureau Chief: Christina Passariello
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How Memphis Became The Epicenter Of SpaceXâs AI Ambitions
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Tech
How China came to dominate the global EV factory boom
Chinese automakers have made over $100 billion in EV and battery investments abroad since 2019, according to Atlas Public Policy, far outpacing US firms. CNBCâs 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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Tech
Cisco Buys AppDynamics One Day Before Its IPO | Tech Bet | CNBC
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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Tech
AIâs Next Race: Cost, Control, and Compute
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 companyâs new orchestrator model, why heâs building on open-source Chinese AI, and his argument that âtoken value per wattâ 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 Ollamaâs growth says about where the AI ecosystem is heading.
Together, the conversations get at one big question: in AIâs next race, will the winners be defined less by model access and more by cost, control and compute?
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AIâs Next Race: Cost, Control, and Compute
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Tech
How Warsh’s Task Forces Will Reshape The Federal Reserve
Federal Reserve Chairman Kevin Warsh is floating major revisions to the central bankâs 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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