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WSJ Tech News Briefing

TNB Tech Minute: Nvidia Announces New, Cheaper AI Computer

WSJ Tech News Briefing

The Wall Street Journal

News, Tech News

4.61.6K Ratings

🗓️ 17 December 2024

⏱️ 3 minutes

🧾️ Download transcript

Summary

Plus, Grubhub agrees to pay $25 million over charges it inflated delivery costs and other deceptive practices. And the European Union is investigating TikTok over alleged Russian interference in the Romanian presidential election. Danny Lewis hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

AI is coming to your industry if it isn't already here, but AI needs lots of speed and computing power, so how do you compete without cost spiraling?

0:09.0

Upgrade to Oracle Cloud Infrastructure or OCI.

0:12.0

OCI is the blazing fast and secure platform for your infrastructure, database, application development, and AI workloads.

0:20.0

Right now, Oracle is offering to cut your

0:21.9

current cloud bill in half if you move to OCI. For new U.S. customers with minimum financial

0:27.4

commitment, offer ends 1231.24. See if your company qualifies at oracle.com slash Wall Street.

0:36.4

Here's your TNB Tech Minute for Tuesday, December 17th. I'm Danny Lewis for the Wall Street. Here's your TNB Tech Minute for Tuesday, December 17th.

0:40.1

I'm Danny Lewis for the Wall Street Journal.

0:43.0

Chipmaker, Nvidia, says it's making a new, cheaper version of its Jetson computer for

0:47.4

hobbyists and small companies working on artificial intelligence for things like drones and

0:51.8

cameras.

0:53.0

The full-sized Jetson computers are designed for

0:55.4

developers of robots, industrial automation, and other hardware to run sophisticated AI without

1:00.8

needing to connect to a remote data center. Invitya says the new version will cost $249,

1:07.4

half the price of the original, nearly doubles its speed and efficiency, and can process about

1:12.6

70% more computational tasks.

1:16.0

The Federal Trade Commission and the Attorney General of Illinois say Grubhub agreed to settle

1:21.0

charges regarding unlawful practices in its food delivery business.

1:25.2

The FTC and Illinois Attorney General accused Grubhub

1:28.4

of deceiving customers about the true cost of delivery, deceiving workers about how much money

1:33.6

they could make delivering food, and unfairly and deceptively listing restaurants on its

1:38.4

platform without their permission. Under the settlement, Grubhub will pay $25 million,

...

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