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WSJ Tech News Briefing

The Inside Story of Sam Altman’s Firing–and Rehiring–at OpenAI

WSJ Tech News Briefing

The Wall Street Journal

News, Tech News

4.61.6K Ratings

🗓️ 7 April 2025

⏱️ 13 minutes

🧾️ Download transcript

Summary

WSJ reporter Keach Hagey gives us a behind-the-scenes look into one of the wildest business stories of all time. Plus, tariff fears take their toll on one of the world’s biggest investors in AI. Victoria Craig hosts.  Sign up for the WSJ's free Technology newsletter.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Americans love using their credit cards, the most secure and hassle-free way to pay.

0:04.0

But DC politicians want to change that with the Durban Marshall Credit Card Bill.

0:08.0

This bill lets corporate megastores pick how your credit card is processed,

0:13.0

allowing them to use untested payment networks that jeopardize your data security and rewards.

0:18.0

Corporate megastores will make more money and you pay the price.

0:22.1

Tell Congress to guard your card because Americans lose when politicians choose. Learn more at

0:28.1

guard your card.com. Hey, T&B listeners, before we get started, a heads up. We're going to be asking

0:34.4

you a question at the top of each show for the next few weeks.

0:43.4

Our goal here at Tech News Briefing is to keep you updated with the latest headlines and trends on all things Tech.

0:50.3

Now we want to know more about you, what you like about the show, and what more you'd like to be hearing from us.

0:55.5

Our question today is, how important are the latest tech headlines to you? If you're listening on Spotify, look for our poll under the episode description, or you can send us an email to

1:00.6

at WSJ.com. Now on to the show.

1:08.4

Welcome to Tech News Briefing. It's Monday, April 7th. I'm Victoria Craig for The Wall Street Journal.

1:14.4

Tara fears that have ripped through global markets are punishing one of the world's biggest

1:19.2

investors in artificial intelligence. We'll examine the implications that could have for the future of AI funding.

1:26.9

Then the inside scoop behind OpenAI co-founder Sam Altman's tumultuous relationship with the company's

1:32.9

board that led to his very brief ouster.

1:42.7

First, investors aren't so sure about SoftB banks' all-in approach to artificial intelligence.

1:49.1

Shares of the Tokyo-based tech conglomerate have shed about 20% of their value in the last

1:54.1

roughly two weeks.

1:55.6

First, there were doubts over a $30 billion commitment to Open AI.

2:00.1

Then the Trump administration announced a sweeping

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