Microsoft recently announced a new $50 million commitment to fight climate change with the power of artificial intelligence. They'll put these funds to work in its "A.I. for Earth" program, which uses artificial intelligence technology to drive sustainability around the globe. Lucas Joppa, Chief Environmental Scientist at Microsoft, joined us from Paris, France to discuss how Microsoft will put the new funds to work.
Microsoft is using the funds to increase seed grants provided to those working on climate and environmental issues. Joppa says the grants will give these groups access to the latest cloud and A.I. technology. The focus of Microsoft's "A.I. for Earth"program is to improve efficient generation and reduce energy consumption. The availability of new tech will help to accomplish these goals.
One of the key focuses for Microsoft is the future of water. In the next 20 years, demand for fresh water is predicted to outpace supply. The company is using A.I. to clean up and make more efficient use of our oceans in order to help conserve and protect the resource.
After nearly a century, General Motors is no longer the top-selling automaker in America. Toyota has dethroned the long-reigning champ to become the leader in U.S. auto sales for the first time, and the first non-domestic automaker to take that title. The Japanese automaker outsold GM by about 114,000 vehicles, or 5% more, in 2021. Al Root, senior writer for Barron's, joined Cheddar to discuss the meaning behind these numbers.
This year's worldwide semiconductor shortage limited the supply of everything from new cars to smart phones.
Looking ahead, several experts in the chip industry expect the shortage to continue deep into 2022, and maybe even 2023. Syed Alam, Accenture's Global Semiconductor Lead, joined Cheddar Movers to discuss.
The National Highway Traffic Safety Administration is investigating roughly 580,000 Tesla vehicles due to their front touch screen 'passenger play' gaming feature amid concerns over possible distracted driving. The investigation covers Tesla models ranging from the years 2017-2022. Brian Moody, Executive Editor at Autotrader, joined Cheddar Movers for more.
After a two-week delay of 5G deployment at airports due to the airline industry's claims it will cause "catastrophic disruption," AT&T and Verizon are set to roll out the service on January 19. Michael Boyd, CEO of aviation consultancy Boyd Group International, joined Cheddar to discuss the concerns being voiced by the airlines. "If the airline industry thinks it's going to be something to disrupt our system or impair safety, it shouldn't roll out at all, period," Boyd said, noting that the telecom giants should rethink the activation over safety and security.
Breakthrough Energy Catalyst, a private-public fund backed by Bill Gates, is planning to invest up to $15 billion in clean technology initiatives across the U.S., UK, and European Union. It will target four key areas and help fund large projects that otherwise would not be financially possible. Bobby Hollis, Director of Breakthrough Energy Catalyst, joins Cheddar News' Closing Bell to discuss.
An economic development agency, the Northwest Arkansas Council, is looking to draw technology professionals to their region of the Southern state with incentives like $10,000 worth of Bitcoin and a new bicycle. Nelson Peacock, president and CEO of the private nonprofit made up of companies like Walmart and Tyson Foods, joined Cheddar to talk about the program to further power his local economy. "By offering the payment in Bitcoin, we're looking to identify those people with interest and expertise in the underlying technologies, the blockchain technologies," he said.
