Tech News Briefing

Plus: France to pour over $1 billion into quantum tech race. And Meta joins other platforms in settling lawsuit over social-media harms on youth. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Space X’s IPO filing is shedding new light on its finances and operations. Elon Musk’s rocket giant is losing billions of dollars as it funds a massive AI infrastructure buildout. WSJ reporter Becky Peterson breaks down what we’ve learned ahead of its potentially historic IPO. Plus, Nvidia delivers another quarter of record sales and profits, but investors seem to be shrugging it off. WSJ columnis...

Meanwhile, California governor Gavin Newsom signs order on AI aimed at helping workers. And the maker of Oura Rings files confidentially for IPO. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Anthropic is poised to turn its first quarterly profit. And Advanced Micro Devices plans to invest more than $10 billion in Taiwan’s chip industry. Imani Moise hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: OpenAI is preparing to file for an IPO very soon. And Google begins testing new ad formats in both standard search results and AI Mode. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Bristol-Myers Squibb is giving more than 30,000 employees access to Anthropic’s Claude. And Alibaba releases powerful new AI chips in a push to rival Nvidia. Danny Lewis hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

 Plus: Andrej Karpathy, a Tesla alum and OpenAI co-founder, joins Anthropic. And Mach Industries has acquired rocket-maker Exquadrum for $50 million. Imani Moise hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Congress is proposing a new registration fee for electric vehicle owners. And Anthropic allows Mythos-users to share some findings on cybersecurity vulnerabilities. Danny Lewis hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

A jury has made a decision in t he blockbuster trial between Elon Musk and OpenAI . WSJ deputy technology editor Bradley Olson breaks down what the decision means for the future of the company, and the broader AI industry. Plus, WSJ reporter Vicky Ge Huang takes us inside a crypto trading competition that’s the latest esports-style spectacle. Sign up for the WSJ's free Technology newsletter . Lear...

Plus: online used-car retailer Carvana is expanding into new-car dealerships. And Elliott Investment Management has built a large stake in life-science tool provider Bio-Rad. Danny Lewis hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Publicis Groupe has agreed to purchase data platform LiveRamp for $2.55 billion. And NextEra Energy and Dominion Energy plan to merge amid an AI-driven surge in customer demand. Danny Lewis hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: an Australian defense-tech startup raises $18 million to expand in the U.S. And Stifel analysts say Salesforce is under pressure ahead of its first-quarter earnings report. Danny Lewis hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Stellantis inks $1.17 billion electric vehicle deal with Chinese automaker Dongfeng Group. And the crypto industry notches a win in Washington. Danny Lewis hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Closing arguments for blockbuster trial between billionaire Elon Musk and OpenAI took place Thursday. WSJ reporter Jim Carlton unpacks what happened in the courtroom this week and tells us how the case could impact the future of the AI industry. Plus, some fitness brands are ditching displays. WSJ personal tech columnist Nicole Nguyen tells us why some people are opting to remove screens from thei...

Plus: Researchers say they found issues in Apple security using Anthropic’s Mythos AI. And Foxconn reports strong first quarter results, driven by AI hardware sales. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: some hedge funds are making big bucks from chipmaker and AI hardware stocks. And Cisco Systems is cutting thousands of jobs to free up cash for AI spending. Danny Lewis hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Meta introduces new incognito chat option for its AI model. And Netflix secures three more football games in new deal with NFL. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Meta offers WhatsApp tool to AI rivals for free to appease EU regulators. And Tencent doubles down on AI. Imani Moise hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Tesla will invest $250 million into its German factory for EV battery cell production. And SAP unveils a unified AI platform for enterprise. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Some OpenAI employees are cashing out for millions before the company has even gone public. WSJ reporter Berber Jin explains how the AI boom is creating unprecedented wealth in Silicon Valley through private share sales. Plus, Wall Street is finding AI winners in some unexpected places. WSJ reporter Jared Mitovich breaks down why investors are piling into everything from construction companies to...

Plus: Cerebras boosts target IPO price, seeking to raise $4.8 billion. And Circle raises $222 million from institutional investors through new token. Imani Moise hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Prosus sells partial stake in Delivery Hero for nearly $395 million. And unemployment is on the rise in the information technology job sector. Imani Moise hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Nintendo projects softer year ahead and lower Switch 2 sales. And shares of cloud infrastructure company Akamai jump. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Sony projects double-digit earnings for the new fiscal year despite sharp fourth-quarter losses. And the International Monetary Fund warns that AI-powered cyberattacks could cause major market disruptions. Danny Lewis hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

As AI transforms the labor market, some economists and tech leaders are pushing for a new kind of tax. WSJ reporter Katie Bindley explains the growing debate over taxing the computing power behind artificial intelligence. Plus, what happens when new tech rocks the boat? WSJ contributor Ken Wells explains how high-tech gadgets are making waves in the competitive fishing world. Imani Moise hosts. Si...