Summary4 min read

WSJ Tech News Briefing — TNB Tech Minute: Ex-Meta AI Pioneer’s Startup Raises Over $1 Billion

Date: March 10, 2026
Host: Julie Chang ([00:16])
Episode Theme:
This Tech Minute focuses on major headlines in the tech industry, spotlighting a record funding round for an AI startup led by one of the field’s founding figures, surging EV sales and profits at NIO, and Uber’s expansion of a women-centric rideshare feature for enhanced passenger safety. The episode also includes expert security advice for AI-enabled enterprise PCs.

Overview

The episode offers a rapid-fire update on three key developments:

A historic funding round for Advanced Machine Intelligence (AMI Labs), founded by AI pioneer Yann Lecun.
Chinese EV manufacturer NIO’s first net profit, significant sales jump, and international expansion plans.
Uber’s nationwide expansion of a feature for women riders to request women drivers amidst ongoing safety concerns.
Brief expert commentary from AMD on evolving security strategies for AI-powered enterprise PCs.

Key Discussion Points & Insights

1. Record-Setting AI Investment

[00:16–00:50]

Startup News: Advanced Machine Intelligence (AMI Labs), co-founded by AI luminary Yann Lecun (a "godfather of AI radio"), raised over $1 billion in seed funding to develop next-generation AI systems.
Backers:
- Major investors include Bezos Expeditions, Cathay Innovation, Greycroft Hero Capital, HV Capital (co-leading the round).
- Additional supporters: Nvidia, Samsung Electronics, Toyota Ventures, and Eric Schmidt (former Google CEO).
Industry Context: This level of seed investment highlights the escalating stakes in enterprise and foundational AI research, as legacy tech leaders and titans of industry unite behind new platforms.

2. NIO’s Breakout Quarter and Expansion

[00:50–01:20]

Financial Milestone: NIO, considered one of the top three emerging EV brands in China, reported its first-ever net profit in Q4 2025.
- Net profit: $17.7 million for the quarter (compared to a net loss a year prior).
- Revenue surge: 76% increase.
- Deliveries: Nearly 125,000 units, up 72%, setting a company record.
Growth Plans:
- Australia and New Zealand launches planned for the second half of 2026.
- Entry into Thailand set for March.
Significance: NIO’s sustained momentum reflects broader EV market growth and China’s increasing export ambitions.

3. Uber’s Women-Only Ride Option Expansion

[01:20–02:10]

Safety Initiative: Uber is rolling out nationwide (U.S.) a feature enabling female riders to request female drivers.
- Initially piloted in five cities in August prior, then expanded to 60 by year’s end.
Backdrop of Safety Concerns:
- The expansion follows heightened scrutiny after Uber was ordered to pay $8.5 million in compensatory damages related to a sexual assault case.
- Notably, Uber’s 2019 safety report revealed nearly 6,000 sexual assault reports (2017–2018) involving U.S. passengers and drivers.
Context: The move signals a corporate response to demonstrate proactive passenger safety measures and regain public trust.

Notable Quotes & Memorable Moments

On Groundbreaking AI Funding ([00:16])
"Advanced Machine Intelligence, the startup co founded by Yann Lecun, one of the godfathers of AI radio, raised over $1 billion in a seed funding round to develop new AI systems."
— Julie Chang
On Uber’s Safety Initiative ([01:20])
"Uber is expanding a feature that allows female users to request rides from women drivers, making the option available nationwide... The expansion comes as Uber continues to face scrutiny over passenger safety."
— Julie Chang

Expert Segment: Securing AI-Enabled Enterprise PCs

[02:22–02:59]
Speaker: Magda Petwarden, AMD

Security Paradigm Shift:
"You have to think about security as foundational and not something that comes after the fact and that has to be anchored in hardware. Hardware protecting software is more superior from a security strategy perspective and creates sort of an immutable trust even before the operating system, drivers and AI models ever load."
— Magda Petwarden [02:22]
On AI and Hardware:
"As AI moves onto the device, then the more sensitive data and decision making shifts closer to the hardware. And that means that software only is no longer sufficient."
— Magda Petwarden [02:49]
Key Takeaway:
The evolution of AI PCs requires a security rethink, prioritizing hardware-level protection to establish the root of trust for sensitive AI workloads.

Important Segment Timestamps

[00:16] — AI startup AMI Labs’ $1B+ funding and key investors
[00:50] — NIO’s net profit, sales, and global expansion
[01:20] — Uber’s nationwide women-to-women ride option and safety context
[02:22] — AMD’s Magda Petwarden on hardware security for AI-enabled PCs

This Tech Minute condenses the day’s most important technology developments, linking investment, innovation, and security trends that are rapidly reshaping the tech landscape.

Loading summary

Transcript6 lines

[00:00]
A
AI's growth is taking it from centralized systems into everyday workflows, and the enterprise endpoint is taking on a new role and new risks. At the break, AMD's Magda Petwarden will discuss how enterprises are rethinking security to protect Today's AI enabled PCs.
[00:16]
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Here's your morning TNB Tech Minute for Tuesday, March 10th. I'm Julie Chang for the Wall Street Journal. Advanced Machine Intelligence, the startup co founded by Yann Lecun, one of the godfathers of AI radio, raised over $1 billion in a seed funding round to develop new AI systems. Bezos Expeditions, Cathay Innovation, Greycroft Hero Capital and HV Capital Co led the investment in AMI Labs, according to the company. Nvidia, Samsung Electronics, Toyota Ventures and former Google CEO Eric Schmidt are also among AMI's backers. NIO reported its first ever net profit in the fourth quarter of 2025, driven by record sales and strong margins. The company is considered the top three emerging EV brands in China. Nio's fourth quarter vehicle deliveries jumped 72%, reaching a record of just under 125,000 units, the Shanghai based company said. Net profit was about $17.7 million for the three months ended December, compared with a net loss a year earlier. Revenue rose 76%. NIO plans to launch EVs in Australia and New Zealand in the second half of 2026 and is entering the Thai market in March. And Uber is expanding a feature that allows female users to request rides from women drivers, making the option available nationwide. Uber launched the feature in five pilot cities last August and expanded it to 60 cities by the end of the year. The expansion comes as Uber continues to face scrutiny over passenger safety. Last month, the company was ordered to pay $8.5 million in compensatory damages stemming from a sexual assault case. A 2019 safety report showed Uber received nearly 6,000 reports of sexual assault involving US passengers and drivers in 2017 and 2018. And that's your TMB Tech Minute. We'll be back this afternoon with more
[02:17]
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how can enterprise security leaders protect AI PCs? Here again is AMD's Magna Pet Warden.
[02:23]
C
You have to think about security as foundational and not something that comes after the fact and that has to be anchored in hardware. Hardware, hardware protecting software is more superior from a security strategy perspective and creates sort of an immutable trust even before the operating system, drivers and AI models ever load. These protections really create the root of trust for AI enabled workloads so that they can confidently run and as AI moves onto the device, then the more sensitive data and decision making shifts closer to the hardware. And that means that software only is no longer sufficient.
[02:59]
A
Learn more about how AMD protects AI PCs from silicon to software@amd.com this content
[03:06]
D
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