After years of economic and political struggle, Argentina is starting to see a resurgence in investment and entrepreneurial growth. Estaban Bullrich is a Senator Elect for Argentina, and he joins Cheddar to explain how the country is moving forward.
Bullrich explains that the government is actively removing barriers to entry for local business and innovation. The country now has multiple start-ups that are unicorns, and is seeing record levels of investment in the region. The Argentina stock market, MERVAL, is up 63% this year, making it one of the best-performing stock markets in the world.
Prior to the recent election, Bullrich served as Minister of Education for Buenos Aires from 2010 to 2015. During that time, Bullrich improved the education system and adjusted curriculum. Now, in over 3,000 schools, computer science and coding is a required course.
President Donald Trump is talking up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBank. The new entity, Stargate, will start building out data centers and the electricity generation needed for the further development of the fast-evolving AI in Texas, according to the White House. The initial investment is expected to be $100 billion and could reach five times that sum. While Trump has seized on similar announcements to show that his presidency is boosting the economy, there were already expectations of a massive buildout of data centers and electricity plants needed for the development of AI.
Chris Ruder, Spikeball Founder and CEO, explains how he and his friends put roundnet on the global map, plus, how Spikeball helps people "find their circle."
J.W. Roth, CEO of Venu Holding Corporation, discusses the company's IPO and plans to redefine live music entertainment with their fan founded, fan-owned model.
Variety's Clayton Davis discusses why more than just the 1% are struggling after the LA fires. Plus, how awards shows will pivot to help victims. Watch!
Emily Hosie, CEO of Rebelstork, explains the concept of Returns Recommerce, plus how her company raised $18M to address the industry-wide issue of returns.