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WSJ Tech News Briefing

TNB Tech Minute: xAI Appears to Confirm Talks with Oracle Ended

WSJ Tech News Briefing

The Wall Street Journal

News, Tech News

4.61.6K Ratings

🗓️ 9 July 2024

⏱️ 3 minutes

🧾️ Download transcript

Summary

Plus, electric car makers Lucid and Fisker issue safety recalls. And French software maker Dassault Systemes cut its revenue guidance. Zoe Thomas hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

O. C.I. is the single platform for your infrastructure, database, application development, and

0:05.3

AI needs. Do more and spend less like Uber, 8 by 8, and Databrics Mosaic.

0:11.4

Take a free test drive of OCI at oracle.com

0:14.4

slash Wall Street.

0:17.0

Here's your TnB Tech Minute for Tuesday July 9th. I'm Zoe Thomas for the

0:22.3

Wall Street Journal.

0:24.3

Elon Musk appeared to confirm in an ex post today that his artificial intelligence company

0:29.6

X-AI has ended talks to expand an existing arrangement with Oracle to rent NVIDIA chips.

0:36.9

Musk said X-A-I is building a supercomputer with a hundred thousand NVIDIA graphics processing

0:42.4

units.

0:43.0

These are the chips behind training and operating generative AI programs.

0:47.0

According to Musk, X-AI was contracting 24,000 NVIDIA chips from Oracle.

0:53.8

Two electric vehicle makers, Lucid Group and Fisker, are recalling thousands of recently

0:58.8

manufactured vehicles over issues that could cause a loss of power.

1:03.0

Lucid said more than 5,200 vehicles could potentially be impacted by its recall.

1:08.0

The issue has caused vehicles to lose power while driving in at least 10 instances according to a report from

1:14.2

regulators. The company transmitted an over-the-air update to vehicles to correct the

1:19.4

issue last month. Owners who haven't updated their software will be notified to do so in August.

1:25.0

Meanwhile, Fisker said more than 7,500 vehicles could be affected.

1:30.0

Impacted owners will have to get their vehicles' cabin electric water pumps replaced at no cost.

1:35.7

Fisker isn't aware of any accidents or injuries reported in connection with the recall,

1:40.1

according to a report from the National Highway Traffic Safety Administration.

...

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