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WSJ Tech News Briefing

TNB Tech Minute: Elon Musk Boosts Pay for Tesla AI Engineers

WSJ Tech News Briefing

The Wall Street Journal

News, Tech News

4.61.6K Ratings

🗓️ 4 April 2024

⏱️ 2 minutes

🧾️ Download transcript

Summary

Plus: Ford delays the launch of its latest electric vehicle. And Disney plans a crackdown on password sharing. Alex Ossola hosts. Listening on Google Podcasts? Here's our guide for switching to a different podcast player. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

The less your business spends the more margin you keep.

0:03.5

Net Suite by Oracle brings accounting, finance, inventory, and HR into one proven platform,

0:09.5

helping you reduce costs everywhere.

0:12.0

Now through April 15th, Net Suite is offering a one-of-a-kind flexible financing program.

0:17.9

So head to Net Suite.com

0:19.4

slash Wall Street right now.

0:21.2

Here's your T&B Tech Minute for Thursday, April 4th. I'm Alex

0:27.2

Oscela for the Wall Street Journal. Tesla is raising the pay for its

0:31.3

artificial intelligence engineers in a bid to ward off poaching

0:34.6

from other companies like Open AI.

0:37.1

That's according to a series of posts on X from Tesla CEO Elon Musk.

0:41.6

Open AI didn't immediately respond to requests for comment.

0:44.0

Tesla's AI efforts have so far focused on driverless cars and humanoid robots.

0:49.0

Ford says it's delaying the launch of a new three row electric vehicle to 2027.

0:55.0

Ford said it would still produce the EV at its Oakville Assembly plant in Canada,

0:59.0

which the company is planning to overhaul from gas vehicle production to an EV manufacturing plant.

1:04.3

Ford said it's still investing in ramping up EV production at other facilities.

1:08.7

The company said it is also boosting production of hybrids.

1:12.1

And Disney is planning to crack down on

1:15.1

password sharing for its streaming services. It will start with a few countries in June

1:19.2

before implementing a wider rollout in September. For months, the company has set a crackdown was coming

1:25.0

as it looks to cut costs and make Disney Plus and Hulu profitable.

...

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