TNB Tech Minute: IBM Commits Billions to U.S. Operations
WSJ Tech News Briefing
The Wall Street Journal
4.6 • 1.6K Ratings
🗓️ 28 April 2025
⏱️ 2 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Here's your TNB Tech Minute for Monday, April 28th. I'm Victoria Craig for the Wall Street Journal. |
| 0:07.1 | IBM says it plans to spend $150 billion in the U.S. over the next five years. |
| 0:12.9 | It's an investment the company says reaffirms its commitment to American innovation and economic opportunity. |
| 0:18.3 | It also comes as President Trump's latest tariffs threatened to make |
| 0:22.3 | manufacturing internationally more expensive. IBM's spending is set to go toward research and |
| 0:27.8 | development and some manufacturing. We'll have more on IBM's economic challenges and AI ambitions |
| 0:33.4 | on tomorrow's Tech News Briefing podcast. Elsewhere, Chinese telecoms giant Huawei is preparing to test a new, |
| 0:40.6 | powerful AI processor, which it hopes could replace the need for some high-end products made by U.S. chip giant, |
| 0:47.1 | NVIDIA. It comes after the Trump administration earlier this month added NVIDIA's H-20 chip to a list of |
| 0:53.3 | semiconductors that are not allowed to be sold in China. |
| 0:56.7 | People familiar with the matter told the journal, |
| 0:58.7 | Huawei is due to receive the first batch of samples of its new chip as early as late May. |
| 1:04.1 | The people said development is still at an early stage and a series of tests still need to be done before the chip is ready. |
| 1:11.8 | Staying in China, |
| 1:17.8 | the country's Robotaxy Company, Pony AI, says it can build its most advanced self-driving system for a cost that's 70% less than before. Pony AI's chief technology officer says that brings it |
| 1:24.6 | closer to a break-even on cost. He says the savings is thanks to software |
| 1:28.8 | performance that the company was able to triple under the same computing power. Pony AI is targeting |
| 1:34.5 | mid-20205 for mass production of its robotaxies. And finally, shares of UK food delivery company |
| 1:41.7 | Deliveroo hit a three-year high in London today. After the company said |
| 1:45.7 | it received a more than $3.5 billion takeover approach from DoorDash, Deliveru said it open talks |
| 1:51.6 | with the San Francisco-based company, but cautioned there's no certainty a deal will be reached. |
| 1:56.7 | For a deeper dive into what's happening in tech, check out Tuesday's Tech News Briefing podcast. |
... |
Transcript will be available on the free plan in 25 days. Upgrade to see the full transcript now.
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.