Tim Stenovec

Hey, just 20 seconds, Angelo, before we let you go.

We just had an interesting conversation with Alistair Marsh about data centers and what could happen in the United States to the electric grid and China actually taking a lead as a result of infrastructure issues here.

Just very briefly, how could that rein in data center growth and development here in the U.S.

if that were and is some sort of boundary or barrier?

Zeno, Senior Equity Analyst at CFRA Research.

Happy Thanksgiving.

Thanks so much for joining us.

Well, McKinsey cut about 200 global tech jobs in the past week as the consulting firm joins rivals in using AI to automate some positions.

And sources say the company is closely assessing what tasks can be carried out by AI and isn't ruling out additional reductions across different functions over the next two years.

This is a ramps up use of the tech.

Coming up, Warner Music settles a copyright lawsuit against AI startup Suno.

More on that next.

This is Bloomberg Tech.

Warner Music Group and AI music creator Suno have settled a copyright lawsuit and agreed on a new partnership in creating music.

Suno was accused by Warner Music and other major record labels for using copyrighted material without compensating artists or their companies.

For the latest, Bloomberg Music and podcast reporter Ashley Carman joins us now.

Suno, people understand Warner Music and the music industry and where publishers and labels fall in, but where does Suno fall into this?

Is there like a historical corollary or parallel we can draw here?

Is this like when Steve Jobs unbundled the album and let us download one song for 99 cents?

Is it a bigger deal than that?