WSJ Tech News Briefing

OpenAI shocked many last week with its decision to shutter its video generation app Sora. WSJ reporter Berber Jin joins us for an exclusive look behind the scenes of the decision. Plus, at the WSJ Leadership Institute’s recent Chief People Officer Summit, IBM's HR chief explained the company's plan to hire more entry-level workers in a move to prioritize growth, widely contrasting with other companies which look to reduce headcount amid the AI boom. Julie Chang hosts.

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Plus: Eli Lilly strikes AI drug discovery deal with InSilico. And GM plans to boost production of heavy-duty trucks despite rising gas prices and renewed interest in electric vehicles. Danny Lewis hosts.

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Plus: BYD posts first annual profit decline in four years amid EV sales slowdown in China. And Citi analysts say Taiwan Semiconductor Manufacturing Company could see stronger growth in the coming years. Danny Lewis hosts.

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Plus: Novartis will buy allergy-drug developer Excellergy. And in markets, shares of Unity Software and Lumentum Holdings were on the rise. Danny Lewis hosts.

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Plus: China’s Moonshot AI is considering restructuring ahead of a possible IPO in Hong Kong. And Mitsubishi Electric, Toshiba and Rohm propose merging their power semiconductor businesses. Danny Lewis hosts.

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