Tech News Briefing

Plus: Dueling IPOs are forcing bankers at Goldman Sachs and Morgan Stanley to pick teams. And tech companies including Stripe, Google commit $915 million to pull carbon out of the sky. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: UK antitrust officials say Google must make its search results more fair. And Allbirds announces new name and CEO in AI pivot. Imani Moise hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Databricks releases Genie One, an agentic co-worker for businesses. And Rivian and Robinhood announce layoffs. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: DeepSeek’s valuation tops $50 billion after its first fundraising round. And Elon Musk’s xAI loses legal challenge against OpenAI. Imani Moise hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

The next wave of AI IPOs could send billions of dollars into charities and non-profits. WSJ reporter Keach Hagey explains how a new generation of tech wealth may reshape philanthropy . Plus, ElevenLabs co-founder Mati Staniszewski spoke with WSJ's Luke Vargas about the challenges of preventing AI-generated misinformation ahead of the midterm elections. Imani Moise hosts. Sign up for the WSJ's free...

Plus: Australia’s richest person and mining tycoon Gina Rinehart buys a more-than $1 billion stake in SpaceX. And bitcoin jumps to more than $66,500 after U.S.-Iran deal. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: The U.K. moves to ban minors under 16 from major social media platforms next year. And Fox Corp to buy streaming service Roku for $22 billion. Imani Moise hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Major banks rake in the IPO fees. And anticipation of IPOs by SpaceX and others is causing bitcoin selloffs. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: SpaceX allocated around 20% of its IPO shares to individual investors, sources say. And Asian chip stocks rebound after roller coaster week. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Elon Musk's last IPO created a big stock market winner. Will SpaceX follow? WSJ reporter Becky Peterson , Barron's associate editor Al Root and WSJ columnist Tim Higgins break down what Tesla's debut can teach investors about SpaceX, and whether the rocket company can really live up to a $1.77 trillion valuation. Imani Moise hosts. Sign up for the WSJ's free Technology newsletter . Learn more abou...

Plus: Amazon says its data centers used 2.5 billion gallons of water last year. And Jeff Bezos launches new AI venture Prometheus while batting down AI job loss fears. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Anthropic’s latest model is facing backlash from some users. And Nvidia is partnering with medical note-taking company Abridge to develop a healthcare-focused AI model. Danny Lewis hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Shares of Swedish autonomous truck company Einride surge in its Nasdaq debut. And Southeast Asia’s largest online-shopping platform Shopee cuts jobs. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: an anti-Nvidia data center startup closed a new funding round valuing it at $1.55 billion dollars. And the AI selloff hits more chipmakers in Asia. Danny Lewis hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Anthropic releases new ‘Mythos-class’ AI model to general public with safety guardrails. And Broadcom, Apollo, and Blackstone partner to launch AI infrastructure platform. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: U.S. expands list of Chinese companies it says assist Beijing’s Military. And Meta launches a free workforce academy to train construction workers to build data centers. Imani Moise hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Estonia has turned its school system into a testing ground for AI by giving tens of thousands of students their own ChatGPT accounts. WSJ reporter Sam Schechner went to see for himself how the experiment is working so far . Plus, as electricity prices rise, a growing number of states are clearing the way for plug-in solar . WSJ columnist Christopher Mims recently put the technology to the test. Im...

 Plus: Amazon has entered a multibillion-dollar agreement with Corning for optical fiber for data centers. And Johnson & Johnson has agreed to buy biotech company Firefly Bio for $1 billion in cash. Anthony Bansie hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Nvidia partners with South Korean tech giants to boost AI infrastructure in Asia. And Chinese AI start up StepFun prepares Hong Kong IPO. Imani Moise hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Docusign raised its revenue guidance after stronger-than-expected uptake of its AI-powered platform. And a new survey found only about a quarter of companies know how much AI they are using. Danny Lewis hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Morgan Stanley projects SpaceX’s revenue could reach $3.4 trillion in 2040. And senior U.S. officials have discussed the federal government taking stakes in AI companies. Danny Lewis hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Apple is preparing to unveil its smartest Siri yet, powered by Google's technology. WSJ columnist Rolfe Winkler explains why some analysts believe Apple can still dominate the AI era despite its late start. Plus, an OpenAI model solved a math problem that stumped researchers for 80 years. WSJ columnist Ben Cohen explains why the breakthrough has mathematicians rethinking what AI is capable of. Ima...

Plus: Canada plans $360 million tech growth fund to boost domestic AI companies. And SpaceX sets a specific IPO price for next week, roughly doubling its valuation from six months ago. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: AI CEOs call for legislation to protect against biological weapons. And the tech sector leads U.S. job cuts in May. Imani Moise hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Alphabet sold $35 billion worth of stock this week. And Europe puts forward measures to rely less on foreign tech. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices