00:01Hey, how's your first day? Because Donald Trump has just landed in Beijing for a
00:06summit that feels less like diplomacy and more like a Silicon Valley board
00:09meeting. He hasn't just brought officials and one could say he has arrived
00:14with an AI cabinet to navigate high-stakes the Cold War. Alright, so who's
00:18on the guest list and should Europe be worried? First, Elon Musk is there to
00:25protect Tesla's massive Chinese footprint and also his interest as head of
00:30XAI. And he's accompanied by Tim Cook who is managing his final lab as Apple's CEO
00:36balancing billions in sales with a shift of production away from China. And there
00:41is also the king of chips, Nvidia's Jensen Huang who joined at the last minute to
00:47lobby for the sale of powerful H200 AI chips which are currently stalled by US
00:52and Chinese regulations. And joining them are the giants of the supply chain.
00:57Micron is there to fight Beijing's ban on American memory chips, while Qualcomm aims
01:02to protect its role as the primary chip supplier for China's biggest smartphone
01:06brands. And they are not just talking trade. They are discussing the new age of
01:11AI-supported warfare and the risk of China copying American frontier models. So if
01:17you ever wondered what the AI industry looks like in practice, these CEOs provide
01:21the perfect picture. And that picture also highlights where Europe stands in the AI race.
01:28So if you're looking for a European OpenAI or Google, the news is grim. The continent
01:33lacks hyperscale giants. But hey, the news isn't all bad, as Europe is securing its own
01:40AI supply chain. And while superpowers fight over AI models, European firms like
01:48STMicroelectronics, SOITEC and ASML provide the essential hardware to build them. And this bet is
01:54on strategic autonomy. The idea that you don't need to outspend the superpowers if you control
01:59the tools that drive the race. But will it be enough? Well, you can always ask this question to your
02:06favorite AI agent. Just remember, the answer might vary depending on whether you ask Elon Musk's Grok
02:12or Francis Mistral.
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