WSJ Tech News Briefing

Plus: Lenovo Group records its fastest revenue growth in years. And AI is boosting productivity gains in very specific tasks, but has yet to scale across the economy. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

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 columnist Dan Gallagher explains the wall of apathy facing the world's most valuable company. Imani Moise hosts. Sign up for the WSJ's free Technology newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

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 Nvidia reports record sales and income, beating estimates. 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 the 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. Learn more about your ad choices. Visit megaphone.fm/adchoices

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 their wrists. Julie Chang hosts. Sign up for the WSJ's free Technology newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

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