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WSJ Tech News Briefing

TNB Tech Minute: Former Meta Executive Will Join OpenAI to Lead Ad Sales

WSJ Tech News Briefing

The Wall Street Journal

News, Tech News

4.31.7K Ratings

🗓️ 23 March 2026

⏱️ 3 minutes

🧾️ Download transcript

Summary

Plus: Nvidia and Emerald AI plan to work with power companies on AI factories. And a pair of senators plan to introduce bipartisan legislation to ban sports betting on prediction markets. Danny Lewis hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Access to affordable credit helps me pay my employees, but I don't really need it.

0:05.0

Infliction is killing me!

0:08.0

But who cares? Big retailers are making record profits!

0:12.0

That's why we support the Durban Marshall Credit Card Bill!

0:15.0

See? Banks and credit unions help small businesses make payroll.

0:18.0

This bill would cut the vital resources they need.

0:25.1

While increasing megastore profits, they deserve it. Don't they?

0:29.1

Tell Congress, stop the Durban Marshall money grab for corporate megastores.

0:31.2

Paid for it by the Electronic Payments Coalition.

0:38.5

Here's your morning TNB Tech Minute for Monday, March 23rd. I'm Danny Lewis for the Wall Street Journal.

0:45.4

We exclusively report that OpenAI has hired a former top meta executive to lead its push into ad sales.

0:50.4

Dave Dugan, who said earlier this month he was stepping down from his role at the social media giant,

0:54.1

has been appointed vice president of global ad solutions at OpenAI.

0:59.6

The high-profile hire underscores the chat GPT makers urgent push to generate new revenue streams to support its enormous funding requirements for artificial intelligence projects

1:03.7

and computing needs. Entering the digital ad market, where meta is a juggernaut that generated

1:09.3

nearly $200 billion in ad revenue last year,

1:12.5

marks a significant strategic shift for the AI company. News Corp, owner of the Wall Street

1:17.9

Journal, has a content licensing partnership with OpenAI.

1:21.9

Nvidia and Emerald AI say they plan to work with several power companies to develop a new

1:26.3

class of AI-powered factories

1:28.0

designed to connect to energy grids faster, while supporting power systems amid surging electricity

1:33.2

demand. The company said the future facilities would use so-called flexible energy assets,

...

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