“Circularity” is the latest buzzword in AI, as tech companies strike megadeals with each other. WSJ Heard on the Street columnist Jonathan Weil breaks down why these deals might be a win-win—and how they could go wrong. Plus, WSJ reporter Katherine Bindley explains what brought San Francisco out of the shadow of a doom loop. Belle Lin hosts.

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Plus: Apple and Microsoft are neck-and-neck in the race to become the stock market’s second $4 trillion company. And Amazon pledges more than $1.6 billion to bolster AWS and its retail business in the Netherlands. Julie Chang hosts.

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Plus: Novartis acquires Avidity Biosciences in a $12 billion deal. And Australia's consumer watchdog accuses Microsoft of misleading customers on AI pricing. Zoe Kuhlkin hosts.

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Plus: Alaska Airlines cancels hundreds of flights after a technology outage. And Santee Cooper is in talks to sell inactive nuclear reactors to Brookfield Asset Management to power AI data centers. Zoe Kuhlkin hosts.

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Plus: Anthropic expands Google Cloud partnership to access 1 million chips. And U.K. car manufacturing falls in wake of Jaguar Land Rover cyberattack. Zoe Kuhlkin hosts.

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Sam Altman, the CEO of OpenAI, has been on a dealmaking blitz with some of the world’s largest, most important AI players such as Nvidia and SoftBank. But there are risks to his high-stakes tactics, as WSJ reporter Berber Jin explains. Plus, WSJ Heard on the Street columnist Jinjoo Lee discusses how retailers might be threatened by ChatGPT’s new direct-purchasing feature. Belle Lin hosts.

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Plus: European aerospace and defense companies Airbus, Leonardo and Thales join forces to take on SpaceX. And Intel shows progress in its turnaround effort as it reports sales growth. Julie Chang hosts.

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Plus: Amazon tests new robots and AI tools in its warehouses and delivery vans. And China releases a five-year plan that includes becoming more self-sufficient technologically. Zoe Kuhlkin hosts.

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Plus: An amended lawsuit against OpenAI alleges the company twice loosened ChatGPT’s rules on discussing suicide. And Meta cuts about 600 jobs in its AI division, but won’t impact TBD Lab. Julie Chang hosts.

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Plus: Tinder rolls out safety feature requiring users to scan their faces. And crypto-trading firm FalconX to acquire ETF manager 21shares. Zoe Kuhlkin hosts.

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