Plus, SpaceX Falcon 9 launches paused after failed landing. And Huawei’s profit rises in the first half of the year as demand for its car business and smartphone sales grow. Zoe Thomas hosts.
Learn more about your ad choices. Visit megaphone.fm/adchoices
[00:00:00] [SPEAKER_00]: Ecolab Water for Climate, Less Water, More Growth. Results will vary. Learn more at Ecolab.com
[00:00:07] [SPEAKER_00]: slash EWC. Ecolab Water for Climate. Transforming the way the world thinks about water.
[00:00:16] [SPEAKER_01]: Here's your TNB Tech Minute for Thursday, August 29th. I'm Zoe Thomas for The Wall
[00:00:22] [SPEAKER_01]: Street Journal. We are exclusively reporting that Apple and Nvidia are in talks to
[00:00:27] [SPEAKER_01]: invest in OpenAI. The investment would be part of a new OpenAI fundraising round
[00:00:32] [SPEAKER_01]: valuing the startup above $100 billion. That's according to people familiar with
[00:00:37] [SPEAKER_01]: the situation. We reported yesterday that the funding round is being led by venture
[00:00:42] [SPEAKER_01]: capital firm Thrive Capital. Microsoft is also expected to participate. It
[00:00:47] [SPEAKER_01]: couldn't be learned how much Apple and Nvidia or Microsoft will invest into OpenAI
[00:00:52] [SPEAKER_01]: this round. News Corp. owner of The Wall Street Journal has a content licensing
[00:00:56] [SPEAKER_01]: partnership with OpenAI. The Federal Aviation Administration has paused launches of
[00:01:02] [SPEAKER_01]: SpaceX's mainstay rocket after a failed landing. A SpaceX Falcon 9 booster tipped
[00:01:09] [SPEAKER_01]: over after landing on a ship stationed in the Atlantic Ocean according to the
[00:01:13] [SPEAKER_01]: company. The incident marked a rare failed landing of SpaceX's reusable
[00:01:17] [SPEAKER_01]: rocket. Elon Musk's space company now needs to complete an investigation into
[00:01:22] [SPEAKER_01]: what happened and secure permission from the FAA to restart flights. The rocket is
[00:01:27] [SPEAKER_01]: slated for use in a mission set to include the first commercial astronaut
[00:01:30] [SPEAKER_01]: spacewalk. Representatives for that mission and SpaceX didn't respond to
[00:01:35] [SPEAKER_01]: requests for comment. And Chinese tech giant Huawei's net profit climbed 18
[00:01:41] [SPEAKER_01]: percent in the first half of the year to the equivalent of $7.7 billion.
[00:01:46] [SPEAKER_01]: That's according to figures released by the privately held company. Huawei says
[00:01:50] [SPEAKER_01]: its consumer and intelligent automotive solutions businesses grew rapidly during
[00:01:55] [SPEAKER_01]: that time. Huawei was the number two smartphone seller in China during the
[00:02:00] [SPEAKER_01]: second quarter according to market research firm International Data Corp
[00:02:04] [SPEAKER_01]: and it's grown its electric vehicle business by collaborating with
[00:02:07] [SPEAKER_01]: automakers. For a deeper dive into what's happening in tech, check out
[00:02:11] [SPEAKER_01]: Friday's Tech News Briefing podcast.