In the Global AI Race, China Is Gaining on the U.S.

WSJ Tech News Briefing

The Wall Street Journal

News, Tech News

4.6 • 1.6K Ratings

🗓️ 3 July 2025

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

Chinese generative AI companies are encroaching on U.S. companies’ dominance. The WSJ’s Liza Lin takes us through the strategies they’ve employed to catch up. And Electra CEO Marc Allen joins to argue how his startup’s small, hybrid-electric planes will make flying faster and quieter, and navigate the thorny issue of air traffic. Katie Deighton 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	Exclusively on Disney Plus.
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0:11.0	Upon my signal, unleash hell.
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0:17.0	When that shows zero, this restaurant ceases operations.
0:21.8	FX is the bear.
0:23.1	New season now streaming exclusively on Disney Plus.
0:27.0	18 plus subscription required season C's apply.
0:33.9	Welcome to Tech News Briefing.
0:36.4	It's Thursday, July 3rd. I'm Katie Dayton for the Wall Street Journal.
0:40.9	A hybrid electric airplane startup promises to solve a host of issues with flying, including long runways and loud takeoffs.
0:49.3	We speak to its CEO about how he plans to do it. Then, we're checking in on the international AI race, where
0:56.7	Chinese companies are hot on the heels of their American counterparts. But first, if you've ever
1:04.8	dreamed of owning a jetpack, a Virginia-based startup called Electra is engineering what it
1:09.9	thinks could be the next best thing,
1:12.1	a small plane that can take off and land more like a helicopter, but without the noise or down draft.
1:18.0	Elektra has backing from Lockheed Martin and expects to have its EL9 planes flying in the sky in
1:23.5	2029. We're here with the company CEO Mark Allen Allen, to learn about how it's going to work.
1:30.3	Mark, so in our story, we have these wonderful visuals of your plane taking off and landing.
1:36.3	Unfortunately, we don't have that visual medium here. Mark, could you explain to listeners
1:40.8	what a takeoff and landing looks like in an electroplane.
	...

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