How the Olympics could reshape Paris
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 26 July 2024
⏱️ 13 minutes
🧾️ Download transcript
Summary
Elon Musk is looking to inject $5bn into an AI start-up, and Venezuela’s election on Sunday will decide whether Nicolás Maduro will stay in office for more than a decade. Plus, the FT’s Simon Kuper explains how big infrastructure updates in Paris might shake up the cultural and political boundaries of the city.
Mentioned in this podcast:
Elon Musk to seek Tesla board approval for $5bn injection into xAI start-up
Venezuela’s opposition bets Maduro has miscalculated this time
Paris, the Olympics and the reinvention of a city
The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Mischa Frankl-Duval, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.
Read a transcript of this episode on FT.com
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Transcript
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| 0:00.0 | The UK's energy partner. |
| 0:06.0 | Learn more at equinore. |
| 0:10.0 | At Aquinore. UK. Good morning from the Financial Times. Today is Friday, July 26th. And this is your |
| 0:17.3 | F.T. news briefing. Elon Musk wants more money from Tesla's board in the name of artificial intelligence, and Venezuela's |
| 0:26.1 | opposition is way ahead in the polls, but will the sitting government intervene? |
| 0:31.6 | Plus the FT Simon Cooper explains how the Olympics |
| 0:35.3 | are a symbol of a changing Paris. The Olympics expressed the idea that the |
| 0:40.7 | energy of the city is moving outwards into the suburbs |
| 0:43.8 | because these Olympics are really the suburban games. |
| 0:47.2 | I'm Mark Filipino and here's the news you need to start your day. Tesla CEO Elon Musk is going to ask the electric car maker's board to approve an investment in his artificial intelligence startup. |
| 1:10.0 | Okay, stay with me here. |
| 1:12.0 | Musk published a poll on X about whether he should sink $5 billion of Tesla's money into his company. |
| 1:18.8 | The company is called X-A-I. |
| 1:21.0 | The yes votes won out on this poll and Musk said he would discuss the investment with the Board of Tesla. |
| 1:28.0 | If the Board gives the green light, it will bring up questions about Musk and his conflicts of interest. |
| 1:34.7 | He already admitted to diverting thousands of NVIDIA chips from Tesla to X and X AI this |
| 1:40.5 | year. |
| 1:41.7 | And the timing of this potential investment is, let's call it interesting. |
| 1:46.0 | Tesla's share price tanked earlier this week, it reported a hit to quarterly profits, |
| 1:51.0 | and that it was suspending the launch of its robot taxi. |
| 1:54.0 | Tesla stock did bounce back a little yesterday. It jumped 2%. Now I know we've been saying this a lot this year, but there is yet another crucial election |
| 2:10.8 | coming up. |
... |
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