Here's your afternoon TNB Tech Minute for Wednesday, November 5th.

I'm Julie Chang for the Wall Street Journal.

We are exclusively reporting.

OpenAI CFO, Sarah Fryer, said that an IPO is not in the cards for the company in the near term.

Speaking at the Wall Street Journal's Tech Live conference earlier today, she said the AI

giant is hoping

the federal government will support its efforts to build out data center capacity by helping to

guarantee the financing for chips behind its investment deals. Friar said OpenAI could reach

profitability quickly if it weren't seeking to invest so aggressively. Quantinuum, the $10 billion firm that's become one of the biggest players in quantum computing

has unveiled its latest computer.

The company says its Helios machine marks an important leap in terms of scale and ability,

and that it'll help customers like JPMorgan Chase and NVIDIA learn more about the business problems

quantum technology could solve. And Chinese EV company X-Peng is gearing up to launch its

robo-taxies next year. It's aiming to roll out three models, primarily in China. X-Peng's

robo-taxies will mark the first time a Chinese EV maker has produced

driverless cars using in-house chips and its own software system and hardware production line.

China's other big robotaxy companies, Pony AI, We Ride, and Baidu's Apollo Go have all partnered

with auto manufacturers to provide driverless vehicles.

And that's a wrap on your TNB Tech Minutes. Join us again tomorrow morning for more.