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WSJ Tech News Briefing

TNB Tech Minute: Nvidia to Keep China Foothold With Shanghai Center

WSJ Tech News Briefing

The Wall Street Journal

News, Tech News

4.61.6K Ratings

🗓️ 16 May 2025

⏱️ 3 minutes

🧾️ Download transcript

Summary

Plus: OpenAI launches new coding agent, Codex. Epic Games’ and Apple’s long-running feud continues with dispute over ‘Fortnite’ update. And Microsoft proposes Teams changes to avoid EU fines. Victoria Craig hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Americans love using their credit cards, the most secure and hassle-free way to pay.

0:04.0

But DC politicians want to change that with the Durban Marshall Credit Card Bill.

0:08.0

This bill lets corporate megastores pick how your credit card is processed,

0:13.0

allowing them to use untested payment networks that jeopardize your data security and rewards.

0:18.0

Corporate megastores will make more money and you pay the price.

0:22.1

Tell Congress to guard your card because Americans lose when politicians choose. Learn more at

0:28.1

guard your card.com. Here's your TNB Tech Minute for Friday, May 16th. I'm Victoria Craig for the

0:35.9

Wall Street Journal. Invityida has set its sights on

0:38.9

Shanghai for a new research and development center. It's the U.S. chipmaker's latest attempt to maintain

0:45.0

a foothold in China, despite the Trump administration's attempts to restrict exports of AI semiconductors.

0:52.0

People familiar with the plans told the journal that the new facility would

0:55.1

allow Nvidia to bolster teams that measure the demands of Chinese customers. That, they said,

1:00.3

will help the company develop competitive products that are compliant with U.S. rules. Elsewhere,

1:06.4

meet Codex. It's a new software engineering agent from OpenAI. The company unveiled a research preview of

1:12.7

the tool today. AI coding agents are one of the most in-demand areas for AI development, and one

1:19.0

OpenAI is looking to double down on. The agent will be able to do several things at once,

1:24.0

including writing code, fixing bugs, running tests, and answering questions about a

1:29.1

customer's code base. The company said that'll transform the way developers work by allowing

1:34.2

them to delegate more tasks. Meanwhile, Epic Games has fired the latest salvo in an ongoing battle with Apple.

1:41.3

The video game maker said Apple blocked its Fortnite update on the U.S. App Store

1:45.7

and the Epic Game Store for the iOS in the European Union. An Apple spokesperson said it asked Epic

1:52.2

Sweden to resubmit the app update without including the U.S. storefront of its app store,

...

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