How New Tech Could Help Jolt the Aging U.S. Grid

WSJ What’s News

The Wall Street Journal

News, Daily News

4.1 • 4.2K Ratings

🗓️ 6 June 2024

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

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Summary

P.M. Edition for June 6. The country’s aging power grid is due for a burst of new power and electricity demand driven by electric vehicles and new data centers for artificial-intelligence technology. Climate and energy reporter Scott Patterson discusses the White House’s plan to modernize it. And Keith Gill—the meme-stock influencer known as Roaring Kitty—single-handedly moved GameStop’s stock higher. But did he manipulate the market? Alexander Osipovich explains. Plus, business of social media reporter Salvador Rodriguez on Meta’s move to allow businesses on WhatsApp to use free artificial intelligence chatbots. Pierre Bienaimé hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	O. C.I. is the single platform for your infrastructure, database, application development, and AI needs.
0:06.0	Do more and spend less like Uber 8 by 8 and Databrics Mosaic.
0:11.0	Take a free test drive of OCI at oracle.com
0:14.4	slash Wall Street.
0:17.0	Meta is bringing free AI Chatbots to businesses on
0:22.2	what's app and how new tech may help improve America's
0:26.0	aging power grid.
0:27.0	The construction of big new transmission lines across the country.
0:32.1	This has been fraught with all sorts of difficulties. There's all
0:35.6	sorts of permitting problems. It's very expensive. So that's a big reason why these
0:40.8	technologies are being pushed by the administration.
0:44.0	Plus, Mem Stalk Influencer Roaring Kitty single-handedly moved GameStop's stock higher.
0:49.8	But was that market manipulation?
0:51.7	It's Thursday June 6th.
0:53.2	I'm Pierre Biename for the Wall Street Journal.
0:55.2	This is the PM edition of What's News,
0:57.1	the top headlines and business stories that moved the world today.
1:09.2	Facebook. Facebook Parent Meta Platforms plans to allow businesses to use free artificial intelligence chatbots on its messaging platform WhatsApp.
1:12.1	The company said the chatbots will help businesses handle the influx of responses
1:15.5	they receive from customers.
1:17.4	The move amplifies Meta's efforts to turn messaging apps into viable business units. Investors have yet to endorse that strategy,
1:24.0	especially as Meta's spending on AI continues to grow. Our social media
	...

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