meta_pixel
Tapesearch Logo
Log in
WSJ Tech News Briefing

The AI-Powered Hollywood Studio

WSJ Tech News Briefing

The Wall Street Journal

News, Tech News

4.61.6K Ratings

🗓️ 20 November 2024

⏱️ 11 minutes

🧾️ Download transcript

Summary

A new entertainment studio called Promise will incorporate generative artificial-intelligence tools into various stages of production for movies and shows. WSJ deputy media editor Jessica Toonkel joins host Belle Lin to talk about how the studio will make AI-powered entertainment and what it means for the industry. Plus, what to expect from chip giant Nvidia’s earnings today. Sign up for the WSJ's free Technology newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

exchanges the goldman sacks podcast featuring exchanges on the forces driving the markets and the economy

0:07.4

exchanges between the leading minds at goldman sacks new episodes every week listen now

0:14.2

welcome to tech news briefing it's wednesday november 20th. I'm Bell Lynn for the Wall Street Journal.

0:25.8

Chipmaker Nvidia is reporting earnings today, and expectations are high. Last quarter, the chip giant put up sales and earnings that more than doubled from the previous year. We'll find out what investors will be watching for in today's results.

0:40.3

And then the latest big name in Hollywood is artificial intelligence.

0:45.3

And a new entertainment studio called Promise is going all in on generative AI in television and filmmaking.

0:53.3

Our deputy media editor, Jessica Tunco, tells us what that could mean for the industry.

1:00.3

But first, NVIDIA's earnings are the main event for investors this week, as the chipmaker

1:05.7

powering the AI revolution gives a quarterly update on its progress.

1:10.3

For more on what investors are expecting, including potential bumps in Invidia's trajectory,

1:16.0

we're joined by WSJ reporter Asa Fitch.

1:19.3

ASA, last quarter, NVIDIA's sales and earnings were more than double from last year,

1:23.7

and they beat expectations.

1:25.5

But that didn't exactly impress investors.

1:28.5

Why is that?

1:34.4

It's basically because expectations have become extremely high for the company. Investors have gotten used to the company just blowing people away with its numbers. And it's been blowing people

1:39.6

away a little bit less over the past a couple of quarters. Last quarter, also they revealed they had a

1:44.7

manufacturing issue with their next generation blackwall chips that they're trying to iron out.

1:49.7

They seemed to be confident that they had ironed out. So there was a little bit of spook that's sent

1:54.8

through the market. And those two things probably accounted for some of the performance of the

1:59.3

stock after the results last time.

2:01.3

So it's kind of like Nvidia's success is its own worst enemy. It makes it harder every single

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from The Wall Street Journal, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Wall Street Journal and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.