0:00
Here's your morning TNB Tech Minute for Monday, March 23rd.
0:05
I'm Danny Lewis for The Wall Street Journal.
0:07
We exclusively report that OpenAI has hired a former top meta executive to lead its push
0:14
Dave Dugan, who said earlier this month he was stepping down from his role at the social
0:18
media giant, has been appointed Vice President of Global Ad Solutions at OpenAI.
0:23
The high profile higher underscores the chat GBT makers urgent push to generate new revenue
0:28
streams to support its enormous funding requirements for artificial intelligence projects and
0:34
Entering the digital ad market, where meta is a juggernaut that generated nearly $200
0:38
billion in ad revenue last year, marks a significant strategic shift for the AI company.
0:45
News Corp, owner of The Wall Street Journal, has a content licensing partnership with OpenAI.
0:50
Nvidia and Emerald AI say they plan to work with several power companies to develop a new
0:54
class of AI-powered factories designed to connect to energy grids faster, while supporting
0:59
power systems amid surging electricity demand.
1:03
The company said the future facilities would use so-called flexible energy assets, supporting
1:07
power grids by modulating consumption and leveraging on-site generation and storage.
1:12
Nvidia and Emerald AI's executives said flexible operation could help unlock additional capacity
1:17
on the U.S. grid by reducing the need to build infrastructure designed for peak energy
1:22
And we exclusively report that a bipartisan pair of U.S. senators will introduce legislation
1:27
banning sports betting from prediction markets.
1:30
The bill would bar entities regulated by the commodity futures trading commission, including
1:34
Kalshi and Polymarket's U.S. platforms, from listing contracts related to sports events.
1:40
It's the first bipartisan bill seeking to regulate prediction markets.
1:44
While Kalshi and Polymarket offer yes or no wagers tied to everything from politics to
1:48
the weather to pop culture, much of the trading activity is focused on professional
1:52
and college sports, putting the platforms in competition with betting sites like Fandule
1:58
Polymarket has a data partnership with Dow Jones, the publisher of the Wall Street Journal.
2:04
That's your TNB Tech Minute.
2:05
Join us again this afternoon for more.
