Sam Altman, the CEO of OpenAI, has been on a dealmaking blitz with some of the world’s largest, most important AI players such as Nvidia and SoftBank. But there are risks to his high-stakes tactics, as WSJ reporter Berber Jin explains. Plus, WSJ Heard on the Street columnist Jinjoo Lee discusses how retailers might be threatened by ChatGPT’s new direct-purchasing feature. Belle Lin hosts.
P.M. Edition for Oct. 23. More than 30 people, including Portland Trail Blazers head coach Chauncey Billups and Miami Heat guard Terry Rozier, were charged today in an investigation into illegal gambling, rigged poker games, and match-fixing in the NBA. We hear from WSJ sports reporter Jared Diamond about what this means for the league, and the role that legal gambling platforms may have played in the alleged crimes. Plus, in an exclusive, we report that President Trump has pardoned Binance founder Changpeng Zhao, which may pave the way for the world’s largest crypto exchange to return to the U.S. And struggling food company Beyond Meat became one of the most traded stocks in the U.S. yesterday. WSJ markets reporter Hannah Erin Lang joins to discuss why the company’s stock is the latest to become a meme, and what it means for the company in the long term. Alex Ossola hosts.
Plus: New sanctions on Russian oil companies send energy prices higher. And Blackstone reports lighter-than-expected revenue. Katherine Sullivan hosts.
An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.
Plus: European aerospace and defense companies Airbus, Leonardo and Thales join forces to take on SpaceX. And Intel shows progress in its turnaround effort as it reports sales growth. Julie Chang hosts.
Plus: Rivian lays off over 600 workers in an attempt to save amid EV pullback. And home sales rise in September due to lower borrowing costs. Zoe Kuhlkin hosts.
An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.
Plus: Amazon tests new robots and AI tools in its warehouses and delivery vans. And China releases a five-year plan that includes becoming more self-sufficient technologically. Zoe Kuhlkin hosts.
Plus: The Trump administration negotiates with quantum-computing companies for equity stakes in exchange for federal funding. And, a trio of European aerospace and defense giants launch a tie-up to compete with Elon Musks’s SpaceX. Caitlin McCabe hosts.
An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.
P.M. Edition for Oct. 22. The cost of health insurance keeps rising, with the average price for a family plan this year reaching just under $27,000. WSJ reporter Anna Wilde Mathews explains what’s driving costs higher and how that affects workers. Plus, the U.S. and Israel are considering a plan that would divide Gaza into separate zones controlled by Israel and Hamas. Journal correspondent Dov Lieber tells us what that idea could mean for the peace process. And Amazon is testing new warehouse robots and AI tools that could make its workers more efficient… and less necessary. Alex Ossola hosts.
