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WSJ Your Money Briefing

Loans From Relatives Can Get Awkward. There’s an App for That.

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.81.6K Ratings

🗓️ 21 May 2024

⏱️ 9 minutes

🧾️ Download transcript

Summary

Cash-strapped family members who want to ask relatives for a loan can use apps and websites that can help manage payment schedules and reduce costs. Wall Street Journal reporter Dalvin Brown joins host J.R. Whalen to discuss. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

So how do we get AI right?

0:02.0

Well, we need the right volume of data, the software to train it, and massive compute power, or...

0:10.0

Another one buys the dust.

0:12.0

Are you ready?

0:13.0

Are you ready for this?

0:14.0

Are you hanging on the edge of your seat?

0:16.0

But with HE Green Lake, we get access to supercomputing to power AI at the scale we need,

0:21.0

helping generate better insights.

0:22.6

All right.

0:25.4

Nice teamwork guys.

0:26.9

Search HPE Green Lake.

0:29.6

Here's your money briefing for Tuesday, May 21st. I'm J.R. Whelan for the Wall Street Journal.

0:40.0

Ever try asking a family member for a loan? It can get pretty awkward.

0:45.0

Apps and websites can eliminate some of those uncomfortable moments and

0:50.0

streamline the process. They have features like reminders for upcoming payments so you'll

0:55.2

get an email saying hey you have a payment that's due in five days. They will track your loan

1:00.6

balances and some will even facilitate digital transfers for you.

1:05.8

We'll talk to Wall Street Journal reporter Dalvin Brown after the break. Aye. AI may be the most important new computer technology ever, but AI needs a lot of

1:29.1

processing speed and that gets expensive fast, upgrade to the next generation of the cloud,

1:35.0

Oracle Cloud Infrastructure, or OCI.

1:38.0

OCI is the single platform for your infrastructure,

1:41.0

database, application development, and AI needs. Do more and spend less like

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