Plus: IBM shares fall after the company issues a profit warning. And Frontier Airlines is partnering with Starlink to offer in-flight Wi-Fi for the first time. Pierre Bienaimé hosts.
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[00:00:00] [SPEAKER_02] This episode is sponsored by Anthropic, the makers of Claude. Kei Ju co-founded GenSpark, an all-in-one AI workspace. He credits his success to collaborating with trusted partners. Hear from him at the break.
[00:00:17] [SPEAKER_00] Here's your morning TNB Tech Minute for Tuesday, July 14th. I'm Pierre Bien-Aimé for The Wall Street Journal. New York Governor Kathy Hochul is banning the construction of big new data centers for up to a year, making New York the latest state to confront the rollout of sites powering the AI boom. According to her office, Hochul, a Democrat, is set to sign an executive order today temporarily freezing construction on data centers with capacities of at least 50 megawatts.
[00:00:44] [SPEAKER_00] The order will halt any projects still awaiting a permit. The moratorium will last as long as it takes to create data center regulations, but no more than a year. Dozens of cities and counties across the U.S. have issued temporary halts on data center construction, but no other state has enacted a similar freeze, though several have proposed similar bans. In pre-market trading, shares in IBM sank more than 20% after the company issued a profit warning.
[00:01:10] [SPEAKER_00] In a letter to investors, IBM's CEO cited a shift in customer spending from software to AI hardware and memory chips and said it didn't react quickly enough to the changing market conditions. The company said it plans to report revenue of $17.2 billion for the June quarter, falling short of analysts' expectations. It's scheduled to release its official second-quarter figures next week.
[00:01:33] [SPEAKER_00] And Frontier Airlines, a Wi-Fi holdout, is partnering with Starlink to offer the service on its planes for the first time. The budget airline said it plans to start offering Wi-Fi early next year. Operated by Elon Musk's SpaceX, Starlink is quickly becoming the airline industry's dominant in-flight internet provider. Carriers including United, American, and Southwest are installing it on their planes. Most carriers offer the service for free, but Frontier hasn't yet said whether it will charge extra for Wi-Fi.
[00:02:03] [SPEAKER_00] And that's your TNB Tech Minute. We'll be back this afternoon with more.
[00:02:09] [SPEAKER_02] Anthropics Cloud is AI for problem solvers, like GenSpark's KJU. Here's what this partnership means for him.
[00:02:16] [SPEAKER_01] GenSpark is the all-in-one workspace. We do AI spreadsheet, AI slides, AI documents, all kinds of work for normal white-collar workers. We are a very small startup, so we cannot do everything by ourselves. And working with trusted partners is really, really important. In the collaboration, the openness is the key. Some of the secrets you kept today will be worthless tomorrow. The success of the partnership comes to deep mutual trust.
[00:02:45] [SPEAKER_01] When it's really working, it's a very tight feedback loop.
[00:02:49] [SPEAKER_02] What problems will you solve with Cloud? Get started at cloud.com slash problem solvers.
[00:02:55] Manifest它s blood entfernt Cent~! And they may beires is the key. Until then Earth is able to build the transport