TNB Tech Minute: U.S. Prosecutors to Deliver Opening Statements in Huawei Criminal Trial

0:00This podcast episode is brought to you by XRP. With XRP, money moves around the clock. XRP is designed to move value across borders in seconds, anytime, any day of the week. Learn more at XRP.org. XRP. Crypto responsibly. Here's your morning TNB Tech Minute for Wednesday, September 9th. I'm Imani Moise for The Wall Street Journal. U.S. prosecutors will make their opening statements today in Brooklyn in a case that accuses technology giant Huawei of systematically stealing trade secrets from American companies and misleading banks about its business in Iran and North Korea. It's a rare instance of U.S.

0:39prosecutors putting a corporation, but none of its employees, on criminal trial. Prosecutors say Huawei employees who stole valuable information from competitors got bonuses and that the trade theft operation began over 25 years ago. Huawei says that the overarching narrative of the case is false and that it plans to fight to prove its innocence. U.S. security agencies accused six Chinese AI companies yesterday of systematically exploiting American models to train their own systems. The agencies, including the National Security Agency and the FBI, said the companies have engaged in

1:19Distillation is a technique in which a new AI model taps the expertise of an existing one to improve its own capabilities. U.S. officials say Chinese companies have conducted millions of exchanges with American models, including ChatGPT, Claude, Gemini, and Grok. A spokeswoman at China's foreign ministry said today that the U.S. should stop making false accusations and smearing China. And Google says it will spend more than$15 billion to develop AI infrastructure in Finland, the latest big-ticket commitment from a U.S. tech giant to bolster its AI capacity overseas. Google says the commitment is its largest single investment in Europe and that it'll fund data centers and other infrastructure, including clean energy projects.

2:02The company said once operational, the facilities are projected to support 7 ,000 jobs. And that's your TNB Tech Minute. We'll be back this afternoon with more. This podcast episode is brought to you by XRP. Nobody has strong feelings about the technology behind direct deposit. There are no direct deposit tech conferences, no direct deposit tech influencers. And yet it moves money every day, mostly out of sight. You probably don't think about how it works. You just expect the money to arrive, the payment to go through, the process to happen in the background while life carries on. And that's the thing about great infrastructure.

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