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WSJ Tech News Briefing

TNB Tech Minute: OpenAI Adds Office Space, This Time in New York

WSJ Tech News Briefing

The Wall Street Journal

Tech News, News

4.31.7K Ratings

🗓️ 4 October 2024

⏱️ 3 minutes

🧾️ Download transcript

Summary

Plus, Google threatens to stop linking to news in New Zealand if a bill aimed at making digital platforms pay media outlets is passed. And the EU moves ahead with plans to put a 45% tariff on EVs made in China. Zoe Thomas hosts.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

exchanges the Goldman Sachs podcast featuring exchanges on rates, inflation and US

0:11.2

recession risk exchanges on the market impact of AI.

0:15.0

For the sharpest analysis on forces driving the markets and the economy

0:20.0

count on exchanges between the leading minds at Goldman Sachs.

0:24.0

New episodes every week.

0:26.0

Listen now.

0:28.0

Here is your Tn B Tech Minute for Friday, October 4th.

0:35.0

I'm Zoe Thomas for the Wall Street Journal.

0:38.0

We are exclusively reporting that Open AI is leasing its first office in New York City.

0:44.0

That's raising the hopes of property owners that the budding artificial intelligence

0:48.0

industry will develop a bigger appetite for office space,

0:51.0

as many larger tech companies have been reducing office space this year.

0:56.0

Earlier this month, Open AI agreed to rent 90,000 square feet in a building in Manhattan,

1:01.0

according to people familiar with the matter.

1:03.3

The chat gp tmaker has also leased and sub-leased offices in San Francisco.

1:08.7

Other AI companies like Anthropic and Palantir have also been gobbling up space in New York, the Bay Area, Denver,

1:15.6

Atlanta, and Seattle.

1:17.4

In San Francisco, AI businesses have leased about 5 million square feet, or more than 5% of the city's total office space according to

1:25.4

JLL a commercial real estate services firm. Google is threatening to stop

1:31.0

linking to news in New Zealand. If lawmakers

1:33.7

they are pass a bill aimed at making digital platforms pay media outlets. The

1:38.4

bill would incentivize the platforms to strike deals with publishers, set out processes for compulsory bargaining,

...

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