Person
17 episodes · 21 quoted claims
Eric Schmidt was CEO of Google from 2001 to 2011.
“Eric was CEO of Google from 2001 to 2011, and has since become one of the leading voices on AI, advising governments, writing books, and arguing that AI will change the world more than most of us expect.”
According to host Nicolai Tangen, Sridhar Ramaswamy spent 15 years at Google, where he grew the advertising business from $1.5 billion to over $100 billion.
“Sridhar spent 15 years at Google, where he built the advertising business from 1.5 billion to over $100 billion.”
Nicolai Tangen says Norges Bank Investment Management holds about two petabytes of data in Snowflake and runs roughly 3 million queries against it each day.
“We have two petabytes of data in Snowflake, which is the equivalent of 2 million gigabytes, and we have roughly 3 million queries into the database every day.”
Nicolai Tangen says Snowflake was founded in 2012 and that separating storage from compute was a radical idea at the time.
“When, when the company was founded in, uh, 2012, uh, to separate storage from compute was was pretty radical, right?”
Interviewer Nicolai Tangen states that Krishna's father was a major general in the Indian Army.
“Your father was a major general in the Indian Army.”
Nicolai Tangen says that twenty-five years ago European and American GDP were equal, and that Europe is now at about 70% of US levels.
“twenty five years ago, uh, the GDP of Europe and America was the same. Now, Europe is 70% of the US levels”
AT&T (American Telephone and Telegraph Company) traces its origins to Alexander Graham Bell and about 1877, according to host Nicolai Tangen.
“AT&T American Telephone and Telegraph Company, you know, founded by Alexander Graham Bell, going back to, like, 1877. That's quite a history, right?”
Host Nicolai Tangen says AT&T bought WarnerMedia, dating the deal to 2016.
“Now, if we go back some years to, um, 2016, you you bought WarnerMedia.”
Nicolai Tangen cited that DBS reported a $750 million AI benefit last year.
“Last year you said that you saved $750 million”
Nicolai Tangen says he sits on the jury of the Financial Times Business Book of the Year.
“I'm on the jury of the Financial Times Business Book of the Year”
Tangen says the Norwegian fund tries to think in a horizon of fifty to a hundred years.
“we are, you know, fifty, fifty to hundred years. At at least we try to be”
Tangen says the Norwegian fund receives a mandate from the Ministry of Finance setting broad rules for its investments.
“we have uh a mandate from the Ministry of Finance which tells Us in broad terms how we should be invested.”
Tangen describes the CEO role as that of a 'Chief Energy Officer' who gives energy, direction and inspiration.
“the role of a C E O, C E O stands for Chief Energy Officer.”
Nicolai Tangen says the Norwegian sovereign wealth fund owns just under 3% of SAP, worth about $9 billion.
“we own just under 3% of the company, $9 billion, equivalent to 100 billion Norwegian kroner, or 20,000 kroner per Norwegian.”
Nicolai Tangen says only about three of the world's top fifty tech companies are European, with SAP the largest.
“I think the number is what three out of the top fifty in the world? And you're the number one.”
Nicolai Tangen said the Norwegian sovereign wealth fund's stake in Palo Alto Networks is worth more than $1 billion.
“We own 1.1 point 2% of the company, translating into more than $1 billion.”
Nicolai Tangen said the Norwegian sovereign wealth fund owns a stake in GSK he gave as 1.7, valued at 1.3 billion US dollars.
“Now, we own 1.7 of GSK, valued at 1.3 billion U. S. dollars.”
Nicolai Tangen noted that Nvidia's roughly $3 trillion market capitalization was nearly twice the size of Norway's sovereign wealth fund, the world's largest.
“Which is nearly twice the size of, uh, this fund, which is the largest sovereign wealth fund in the world.”
Nicolai Tangen said Microsoft is the second biggest holding in Norway's sovereign wealth fund, worth roughly 40,000 kroner per Norwegian.
“Microsoft is the second biggest holding in the fund, uh, and each Norwegian own roughly 40,000 kroner worth”
Nicolai Tangen states that Jensen Huang started Nvidia in 1993 at age 30.
“You started Nvidia in 93, you were 30 years old.”
Tangen attributes to Huang a 2003 Stanford remark that his will to survive exceeds almost everybody else's will to kill him.
“In 2003 at Stanford, you said, Um, my will to survive exceeds almost everybody else's will to kill me.”