Here's your morning TNB Tech Minute for Wednesday, May 13th.

I'm Imani Moise for the Wall Street Journal.

OpenAI CEO Sam Altman took the stand yesterday in the Blockbuster trial brought by Elon Musk,

offering a calm defense of his leadership of the company.

Altman testified that he, the other OpenAI co-founders, and even Musk felt it was necessary to convert to a for-profit company in order to secure the funding needed for computing resources.

The CEO also sought to contextualize and undermine Musk's $38 million in donations to Open AI, saying his gifts made up 28% of all donations from 2015 to

2020. Altman also testified at length about his personal investing conflicts, confirming he

owned substantial stakes in startups that have signed deals with the AI lab. News Corp, the owner of

the Wall Street Journal, has a content licensing partnership with Open AI.

Meta says it will let rival AI chatbots use a WhatsApp tool for talking to users in the EU for free for one month,

as the company attempts to avoid a potential fine from the Block's antitrust regulator.

Meta updated its WhatsApp business terms last year, effectively banning third-party AI assistance

from connecting with users on the platform and triggering an antitrust investigation.

A spokesman for the European Commission called the offer a step in the right direction.

And Tencent is accelerating its AI efforts.

The Chinese tech giant said it's more than doubling its AI investment

after spending about $2.65 billion last year,

and that its core businesses are cushioning the burden of higher capital expenditure.

Shares of China's most valuable company have lost steam this year

as its aggressive spending plan stokes concerns about an earning slowdown

following quarters of double-digit growth in both profit and revenue. Tencent said its first quarter net

profit rose 21% from a year earlier to roughly $8.5 billion, beating market expectations.

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