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WSJ Tech News Briefing

How AI’s New Millionaires Could Reshape Philanthropy

WSJ Tech News Briefing

The Wall Street Journal

News, Tech News

4.31.7K Ratings

🗓️ 16 June 2026

⏱️ 11 minutes

🧾️ Download transcript

Summary

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 Technology newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This episode is brought to you by Coca-Cola Zero, official partner of the FIFA World Cup 2026.

0:06.9

Coca-Cola has also partnered with Panini to bring fans closer to the tournament.

0:11.7

Selected Coca-Cola bottles will feature exclusive Panini FIFA World Cup 2026 stickers under labels.

0:19.2

Collect 12 exclusive stickers for the dedicated Coca-Cola double-page spread.

0:24.1

Pick up a Coca-Cola zero sugar and start collecting.

0:27.9

Peel, sip, collect.

0:33.8

Welcome to Tech News Briefing.

0:35.8

It's Tuesday, June 16th. I'm Imani Moise for the Wall Street Journal.

0:41.1

AI is already showing up on the campaign trail as new tools make it easier to create

0:46.0

freakishly convincing deep fakes. We'll hear from the co-founder of one of the world's leading

0:50.9

voice cloning companies about how it's trying to combat election

0:54.5

misinformation. Plus, non-profits are hoping new riches tied to massive AI IPOs will lead

1:01.8

to new benefactors. We'll look at how the next wave of tech IPOs could reshape the charitable

1:07.2

sector.

1:15.9

But first, the technology behind AI-generated voices is improving rapidly.

1:21.7

And with the U.S. midterm elections quickly approaching, so are concerns about how the tools could be misused.

1:23.4

From fake robocalls to fabricated candidate endorsements, experts have warned that realistic voice clones could become a powerful tool for spreading misinformation.

1:33.2

UK-based conversational AI company, 11 Labs, which was valued at $11 billion this year,

1:39.1

says it's working to stay ahead of the problem.

1:41.9

Last week, during London Tech Week, co-founder Maddie Saniseps

1:45.3

spoke with our colleague Luke Vargas about the risks and possible solutions.

1:50.4

We're five months out from the U.S. midterms. Obviously, a fake AI voice and a presidential

...

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