About this episode

The episode discusses how major tech companies are experiencing sales growth due to AI tools while managing layoffs and cash reserves, alongside security concerns regarding AI expansion and funding issues in sports.

A.M. Edition for April 30. After several years of massive infrastructure spending, four of the biggest names in tech reported sales growth yesterday thanks to the proliferation of AI tools. WSJ deputy tech bureau chief Bradley Olson details how companies are dipping into their cash reserves and announcing layoffs to accommodate massive AI spending, and how investors are responding. Plus, the White House opposes Anthropic’s plan to expand access to its powerful Mythos AI model over security concerns. And can LIV Golf survive after Saudi Arabia pulls funding for the PGA Tour rival? Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

People in this episode

Host: Luke Vargas

Guest: Bradley Olson

Mentioned in this episode

Organizations: White House, Anthropic, LIV Golf, PGA Tour

Products: Mythos AI

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