CNBC's Brian Sullivan joins 'The Exchange' to discuss automation and AI coming together for the Indy Autonomous challenge.

Indianapolis

The release of Open AI's ChatGPT has accelerated the development of artificial intelligence and warnings about its impact on society.

Rise of AI

The Indy Autonomous Challenge recently took place at the Indianapolis Motor Speedway, showcasing how automation and AI intersect in the realm of motorsports. This event featured 12 universities from around the globe competing for a $1 million prize. Participants included prestigious institutions such as Caltech, Cal Berkeley, UVA, and Virginia Tech.

These advanced, driverless cars rely on sophisticated AI software rather than human control. The challenge is in its third year and gives a glimpse into the future of driving technology. Features commonly found in consumer vehicles, like seatbelts and anti-lock brakes, have historically been developed on racetracks, suggesting that innovations from this challenge may soon become standard in everyday vehicles.

The event has drawn significant attention, not only for its high-tech appeal but also for its implications for the future of the automotive industry. Many believe that autonomous vehicle technology, demonstrated under the extreme conditions of high-speed racing, will translate into safer and more efficient road cars in the near future. This year, the teams' efforts highlighted the potential of AI to drive cars swiftly and safely, even as setbacks like breakdowns were encountered and addressed in real-time.



Indy Autonomous Challenge: The AI and automation car race

Automation and AI have been threatening jobs in many industries, but there's one you might not have seen coming racecar driver Even racecars are going autonomous and they're currently racing on one of America's most iconic tracks Brian Sullivan is live at the Indianapolis Motor Speedway with more Brian I've been saying for years that NASCAR should do this. They should let EVs race conventional cars race autonomous cars I love the idea. I think it could actually save the industry I'll stop talking and I want to hear what you have to say about this Well, I listen as a as a semi, you know professional racer myself I might disagree I like being in the car, even if the accidents hurt worse. This is the Indy autonomous challenge. This is amazing This is the and even if you don't care about car racing This is the future of cars of driving of technology and you got here's one of the cars Okay, so we'll tell you zoom in look at that. This is Caltech's car Cal Berkeley was just out on the track They broke down someone wrong. The car is kind of limping along here 12 universities around the world competing for a 1 million dollar prize You've got you got notes a market day. Look you got Cisco on the car You got Luminor Luminor makes the LIDAR laser radar Kelly that helps us drive What happens here with these cars? Anything that you've got in your own car Kelly seatbelts rearview mirror Anti-lock brakes all that was developed on the racetrack and then brought to Detroit and put in our cars The same thing is gonna happen here and this challenge on its third year now 12 schools around the world competing for a 1 million dollar prize Bragging rights Kelly and no doubt the PhDs that are standing behind us from UVA is here, Virginia Tech Where are you UVA is here the PhDs that are here making this work? No doubt are gonna be some of the women and men that create the technology that literally Drive the future. These are the best of the best So I think it would just be interesting Brian. I know safety is an issue But let's see a gasoline powered car up against an EV up against a waymo You know what? I'm saying? Like you could actually bring real competition and a real race back to these sports This is cool. Stay on me this the UC Berkeley car got running again This is a real IndyCar Dallara chassis. Look no driver Look at It had a problem this is not remote control there's not a human like controlling like a video game This is literally the software the AI brain Left drove around had some kind of problem, but because the computer ain't talking to me. I don't know what it is So this is like some remote control video game. There's no remote control. This is a software program Developed by the schools that drive the car on its own. It's a great idea Imagine Waymo going 180 miles an hour. We're gonna be here all day and I'll try to tweet out I know it's a course some more whenever the more interesting story you have is the market goes down Well, if it's only a 1% garden variety sell-off and you are right, this is the future I love seeing the investment effect that colleges are involved, too I would just love to see these these all race one another and see who wins Brian. Thank you very much I would even root for UVA. I would even root for UVA in this situation

Russia pummeled Kyiv with the largest drone attack of the war, injuring at least 23 people and damaging buildings across the capital only hours after U.S. President Donald Trump spoke with Russia's Vladimir Putin, officials said.

Kyiv

Ukraine Invasion

Russia hits Kyiv with largest drone attack after Trump-Putin call

U.S. President Donald Trump marked the passage of the new spending bill, which includes changes to food assistance, student loan programs, and clean energy credits. Robert Costa joins "CBS Mornings" to break down what's in the legislation.

Washington

Trump set to sign "big, beautiful bill"

More than 80 Palestinians were killed in Gaza on Thursday (July 3), according to health officials, as Israel intensified its strikes, hitting a school-turned-displacement facility. CNN’s Paula Hancocks looks at the damage and humanitarian toll.

Jerusalem

More than 80 people killed in Gaza in one day

Ukrainian President Volodymyr Zelenskyy said Kyiv will do "anything" to advance EU accession talks. Zelenskyy spoke alongside Danish Prime Minister Mette Frederiksen, President of the European Council António Costa and President of the European Commission Ursula von der Leyen.

Ukraine will do 'anything' to advance EU accession talks: Zelenskyy

President Donald Trump said Washington will start sending letters to countries on Friday specifying what tariff rates they will face on imports to the United States, a clear shift from earlier pledges to strike scores of individual deals.

Global Tariffs

Trump: Letters telling countries their tariff rate going out Friday

Indonesian rescuers on Thursday (July 3) temporarily halted a search for 30 people still missing after a ferry carrying 65 people sank near the island of Bali with the loss of six lives, the national search and rescue agency said.

Gilimanuk

Indonesia suspends search for 30 missing after ferry sinks near Bali

After marathon debate sessions in the Senate and House, President Donald Trump’s budget bill passed in the House. Republicans secured the biggest win of Trump’s presidency.

Trump’s landmark ‘big, beautiful bill’ narrowly passes U.S. House

Florida says the first group of migrant detainees have arrived at the new immigration detention center known as "Alligator Alcatraz." CBS News correspondent Shanelle Kaul has more.

Ochopee

First group of detainees arrive at "Alligator Alcatraz," Florida says

U.S. President Donald Trump said Thursday (July 3) that he spoke with Russian President Vladimir Putin and that he plans to hold a call with Ukrainian President Volodymyr Zelenskyy. CBS News White House reporter Willie James Inman has more.

Trump speaks with Putin, plans call with Zelenskyy

CNN’s Priscilla Alvarez reports on a lawsuit from lawyers for Kilmar Abrego Garcia alleging he suffered “torture and mistreatment” after he was wrongfully deported and held in El Salvador’s notorious mega prison.

Tecoluca

Kilmar Abrego Garcia claims he was tortured in El Salvadoran prison

The Kremlin welcomed the development, with spokesman Dmitry Peskov claiming it proves Western arsenals are being depleted and predicting that less aid will hasten the end of the conflict.

U.S. pauses military aid to Ukraine over depleted weapons stockpile

Two contractors employed by UG Solutions spoke to the AP on condition of anonymity as they were revealing their employers’ internal operations.

U.S. contractors say live ammo used at Gaza aid distribution site

Democratic leader Hakeem Jeffries spoke for hours on the House floor about potential impacts of President Trump's "big, beautiful bill" that Republicans are looking to pass before July 4. Following debate, the House is set for a final vote on the massive budget bill.

House debates Trump's 'big, beautiful bill' ahead of final vote

CBS News political contributor Caroline Polisi joins "CBS Mornings" to break down the jury's verdict in Sean "Diddy" Combs' federal trial and the judge's decision to deny bail for the music mogul ahead of his sentencing.

Manhattan

Sean "Diddy" Combs denied bail after split verdict

Liverpool soccer player Diogo Jota has died aged 28, just weeks after marrying his childhood sweetheart. The footballer passed away in a car crash in northern Spain.

Madrid

Liverpool soccer player dies in car crash 10 days after wedding

The Pentagon said that U.S. strikes 10 days ago had degraded Iran's nuclear program by up to two years, suggesting the U.S. military operation likely achieved its goals despite a far more cautious initial assessment that leaked to the public.

Tehran

Iran Strikes

Iran nuclear program degraded by up to two years: Pentagon

Days before his 90th birthday, the Dalai Lama announced the Gaden Phodrang Trust, a non-profit he founded, will have the sole authority to recognize his future reincarnation, but China insists it will choose the successor of the Tibetan spiritual leader.

Lhasa

China rejects Dalai Lama’s succession plan

The U.S. Congress inched towards approving President Donald Trump’s Big Beautiful Bill, despite attempts by Democrats to stop it. The bill is Trump’s signature legislation which includes massive spending increases on the military and immigration enforcement while slashing social programs.

Trump’s Big Beautiful Bill nears approval

Sean (Diddy) Combs was found guilty on prostitution-related charges, but was acquitted on more serious charges of racketeering and sex trafficking giving him a maximum sentence of 20 years. But the courtroom victory was subdued following a judge’s ruling to deny him bail.

New York

Diddy denied bail, avoids life in prison

President Trump says Israel has agreed to a 60-day ceasefire in Gaza, but it remains unclear if Hamas will accept the terms. CBS News senior foreign correspondent Debora Patta has more.

Trump says Israel has agreed to Gaza ceasefire conditions

Bryan Kohberger changed his plea to guilty Wednesday for the 2022 murders of four University of Idaho students. CBS News national correspondent Carter Evans has more on the case.

Boise

New details revealed as Kohberger pleads guilty for 2022 Idaho murders

The Wisconsin Supreme Court struck down a state abortion law that was adopted in 1849 in a 4-3 landmark decision. CBS News' Shanelle Kaul reports.

Madison

Wisconsin Supreme Court strikes down 176-year-old state abortion ban

Macron and Putin held regular discussions around the start of Russia's invasion of Ukraine, with Macron visiting Putin in Russia in February 2022, but dialogue eventually stalled.

Paris

Macron held 'substantial' phone call with Putin

President Trump toured “Alligator Alcatraz,” a migrant detention center he teamed up with Ron DeSantis to build in the Everglades.

Everglades

Protesters gather around ‘Alligator Alcatraz’ as President Trump visits

Jurors in Sean “Diddy” Combs’ federal criminal trial said they have reached a verdict on four of the five counts, but they cannot reach a verdict on Count 1, which is racketeering conspiracy. The judge has instructed the jury to keep deliberating. Deliberations will resume Wednesday (July 2).

Jury reaches partial verdict in Sean "Diddy" Combs case

The U.S. Senate passed the Republicans' reconciliation bill on Tuesday (July 1) after more than 24 hours of marathon voting on amendments. Vice President JD Vance cast the tie-breaking vote.

U.S. Senate passes Trump's "big, beautiful bill"

The new order does not rescind existing sanctions on ousted longtime President Bashar al-Assad, his top aides, officials and family members who are accused of having committed war crimes and human rights violations against Syrian civilians.

Trump signs executive order lifting U.S. sanctions on Syria

Former criminology graduate student Bryan Kohberger has agreed to plead guilty to killing four Idaho college students in 2022, a move that would spare him the death penalty under a deal with prosecutors, ABC News reported on Monday (June 30).

Moscow

Suspect in murders of four Idaho college students to plead guilty

Thailand's Constitutional Court on Tuesday suspended Prime Minister Paetongtarn Shinawatra from duty pending a case seeking her dismissal, adding to mounting pressure on a government fighting for survival on multiple fronts.

Bangkok

Thai court suspends PM from duty pending case seeking her dismissal

Israeli strikes killed at least 60 people across Gaza on June 30 in some of the heaviest attacks in weeks as Israeli officials were due in Washington for a new ceasefire push by U.S. President Donald Trump.

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Rise of AI