Introduction:
In this episode, we explore Perplexity AI’s audacious $34.5 billion all-cash offer to acquire Google’s Chrome browser, a strategic move amidst growing antitrust scrutiny and the AI search race. We then analyze July’s moderate inflation increase in the U.S., which has sparked renewed optimism for a Federal Reserve interest rate cut in September despite underlying inflationary pressures. Finally, we dive into Rolls-Royce’s bold vision to power the AI boom using small modular nuclear reactors, positioning itself to become the UK’s most valuable company while targeting the trillion-dollar SMR and jet engine markets.
Content and Timestamp:
00:00:27 Perplexity AI Bids $34.5 Billion for Google Chrome Amidst Antitrust Scrutiny
00:04:00 US Inflation Rises Moderately in July, Fuelling September Rate Cut Hopes
00:07:14 Rolls-Royce Eyes UK's Top Valuation with Nuclear-Powered AI Ambition
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