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00:00I think there's definitely a bubble right now and the reason for it is in 2021 not a single
00:15European VC in particular wanted to touch defense. I don't want to jinx it I think soon
00:20we're on a clear path to profitability public market investors would be excited to have a
00:26pure play AI investment opportunity as opposed to investing by proxy through
00:31hyperscalers etc. We're not saying that we should get rid of regulation but it's
00:36more question of how do we leverage regulation to create something that
00:41creates a benefit for European companies and we not create useless burden for
00:47them. We've had a long and successful relationship with Core Scientific. You
00:52won't see us bump our price or increase our price you know we put a lot of
00:56thought into how we got to the structure and the deal that we got to what's more
01:08important for us is actually that we've paid out 25 billion to creators since
01:122016 so there's not very many tech companies that can talk about creating
01:16wealth for others and rather than just profiteering. I'm delighted to show you
01:21what I can do watch my movements they are designed to be extremely fluid and clean
01:26minimizing any jerky motion let's start with my upper body my arms offer a high
01:31degree of dexterity.
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