TNB Tech Minute: USA Rare Earth’s Brazil Deal Challenges China’s Dominance
WSJ Tech News Briefing
The Wall Street Journal
4.3 • 1.7K Ratings
🗓️ 20 April 2026
⏱️ 3 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | I think the potential of Agenic is to rethink how work gets done overall. It challenges all sorts of traditional orthodoxies around how organizations execute the work at hand. |
| 0:11.0 | That's Jason Gersatus, CEO of Deloitte U.S., talking about the transformational potential of A.Gentic AI. |
| 0:17.9 | Join him later to learn why agents are a game changer for businesses across industries. |
| 0:24.4 | Here's your afternoon, T&B Tech Minute, for Monday, April 20th. I'm Julie Chang for the Wall Street Journal. |
| 0:31.7 | USA Rare Earth has agreed to acquire Sarah Verde Group, the owner of a Brazilian rare earth mine in a cash and stock |
| 0:38.7 | deal valued at about $2.8 billion. The move strengthens USA Rare Earth's mine-to-magnet supply chain, |
| 0:46.3 | and it's meant to challenge China's dominance in rare earths, which are used in everything from |
| 0:50.9 | cars to phones. The deal is expected to close in the third quarter. It follows |
| 0:55.8 | another acquisition by USA Rare Earth in November of a UK-based maker of rare earth metals. Shares of |
| 1:03.3 | Fermi plunged nearly 20% following the departures of its CEO and CFO. The company, co-founded by |
| 1:10.3 | former U.S. Energy Secretary Rick Perry, went public in October. |
| 1:14.7 | It plans to build out one of the world's largest data center campuses in Texas by 2038, but |
| 1:20.7 | it still lacks an anchor data center tenant. |
| 1:23.7 | According to a regulatory filing, the CEO stepped down Friday but remains on the board, and the CFO resigned Sunday, but was elected to the board. |
| 1:32.7 | Finally, a half marathon race took place in Beijing yesterday, and a Chinese bot called Lightning won it in 50 minutes and 26 |
| 1:46.7 | seconds, beating the human world record. Lightning was developed by Chinese smartphone maker |
| 1:52.4 | honor. Still, it wasn't a perfect race, with state media reporting that the robot slammed into a |
| 1:58.1 | barricade at one point and needed human help to get back up. |
| 2:02.2 | Sunday's race highlights China's rapid advancement in humanoid robotics, a sector Beijing |
| 2:06.9 | sees as a key economic driver. Last year, several Chinese companies shipped over a thousand |
| 2:12.2 | humanoid robots each. In contrast, no American maker shipped over 500, according to the research firm Omdia. |
| 2:19.6 | For a deeper dive into what's happening in tech, check out Tuesday's Tech News Briefing podcast. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Wall Street Journal, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Wall Street Journal and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

