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WSJ What’s News

Altman Pushes Back on Musk’s OpenAI Bid

WSJ What’s News

The Wall Street Journal

Daily News, News

4.14.2K Ratings

🗓️ 11 February 2025

⏱️ 14 minutes

🧾️ Download transcript

Summary

A.M. Edition for Feb. 11. The EU pledges $200 billion in AI spending to try and catch up with the U.S. and China in the race to develop the most complex AI models. WSJ tech reporter Sam Schechner, attending an AI summit in Paris, says world leaders are vying for a piece of the AI boom to boost their economies. Plus, OpenAI CEO Sam Altman rejects advances from a group of investors led by Elon Musk. And New York City Mayor Eric Adams scores a legal reprieve as the Justice Department orders an end to his bribery case. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Correction: Former Illinois Governor Rod Blagojevich is a Democrat. An earlier version of this podcast incorrectly said he was a Republican. (Corrected on Feb. 11) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This episode is sponsored by Northern Trust Wealth Management.

0:03.0

There is more to being a successful entrepreneur than just good business practices.

0:07.0

What is it about an entrepreneur's childhood that helped fuel their entrepreneurial spirit?

0:12.0

What are entrepreneurs doing to cultivate the spirit in their own children and build a legacy beyond their business?

0:17.0

Tune in each month to the Road to Y podcast by the Northern Trust Institute, where host

0:22.0

Eric Chappaya dives deeper with leading entrepreneurs on these topics and more.

0:26.3

Find the Road to Y where you listen to your favorite podcasts.

0:32.4

A legal reprieve for New York City Mayor Eric Adams as the DOJ orders an end to his bribery case.

0:39.7

Plus, OpenAI's Sam Altman rejects the advances of a group led by Elon Musk, and world leaders

0:46.2

converge on Paris for an AI summit as they try to put the tech to work in boosting their

0:52.0

economies.

0:52.5

We've gone from trying to avert catastrophe to trying to make sure that Europe and, frankly,

0:58.5

other parts of the world as well, can participate in and catch up in this AI race.

1:03.2

It's Tuesday, February 11th.

1:05.3

I'm Luke Vargas for the Wall Street Journal, and here is the AM edition of What's News.

1:10.1

The top headlines and business stories

1:12.4

moving your world today.

1:15.8

The Justice Department is ordering federal prosecutors in Manhattan to drop their

1:20.9

bribery case against New York City Mayor Eric Adams, claiming the indictment against him

1:26.3

interfered with his ability to participate

1:28.4

in President Trump's immigration enforcement. Adams was charged in September with taking illegal

1:34.6

campaign contributions from Turkey and accepting $100,000 in travel and hotel perks in exchange

...

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