Microsoft is funnelling $50 million over the next five years into its A.I. for Earth program. The program, which focuses on climate change, agriculture, water, and biodiversity, has awarded over 35 grants in more than 10 countries since its July rollout.
Lucas Joppa, Microsoft's Chief Environmental Scientist, says that to compliment its efforts, the company is also building a team of sustainability and artificial intelligence professionals.
“The most scarce resources out there is access to A.I. experts,” Joppa told Cheddar. “So we wanted to put those people in direct partnership with the organizations that we’re working with.”
The announcement comes on the second anniversary of the Paris Climate Accord. Companies and governments alike met in Paris this week to discuss climate change issues. While President Donald Trump withdrew the U.S. from the Paris Treaty, Joppa says that Microsoft remains committed to the cause.
“We’re one of the early signatories to the ‘We’re Still In’ pledge,” he said, referring to the coalition of U.S. cities, companies and other group who have publicly stated they are still supporting the treaty in spite of President’s decision to withdraw. “We’re still committed to using our organizations to drive towards the goal of the Paris Climate Accord.”
For full interview [click here] (https://cheddar.com/videos/fighting-climate-change-with-a-i).
Walmart, which became the nation’s largest retailer by making low prices a priority, has found itself in a place it’s rarely been: Warning customers that prices will rise for goods ranging from bananas to car seats.
Chris Beauchamp, Chief Market Analyst at IG International, joins J.D. Durkin to give analysis on the recent trade truce between the U.S. and China. Watch!
Shan Aggarwal, VP of Corporate and Business Development at Coinbase, discusses the company's acquisitio of Deribit as it heads into the S&P 500. Watch!
American businesses that rely on Chinese goods are reacting with muted relief after the U.S. and China agreed to pause their exorbitant tariffs on each other’s products for 90 days. Many companies delayed or canceled orders after President Donald Trump last month put a 145% tariff on items made in China. Importers still face relatively high tariffs, however, as well as uncertainty over what will happen in the coming weeks and months. The temporary truce was announced as retailers and their suppliers are looking to finalize their plans and orders for the holiday shopping season. They’re concerned a mad scramble to get goods onto ships will lead to bottlenecks and increased shipping costs.
Shopping expert Trae Bodge discusses how talks between the U.S. and China is good news for now, but uncertainty remains for back-to-school and the holidays.
Jake Traylor, White House reporter at Politico, joins Cheddar to discuss how Trump is aiming to lower drug prices and how it differs from Biden's approach.