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Why Moderna Merged Its Tech and HR Departments
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During the pandemic, Moderna was in a chaotic race to hire to speed its first ever commercial product, the Covid-19 vaccine, to market. Photo: Adam Glanzman/Bloomberg News
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Good morning, CIOs. With artificial intelligence set to bring big changes to the workforce, a decision by Moderna to combine IT and human resources stands out.
The biotech company late last year created a new role, chief people and digital technology officer, promoting its human resources chief Tracey Franklin to the spot.
Franklin tells the WSJ's Isabelle Bousquette that she is redesigning teams across the company based on what work is best done by people versus what can be automated with technology, including the tech it leverages from a partnership with AI giant OpenAI.
Roles are being created, eliminated and reimagined as a result, she said.
Across industries, AI has corporate tech leaders working more closely with their HR counterparts as they sort through the workforce impacts of AI and AI agents. While it's too early to tell whether "chief people and digital technology officer" will be the next hottest job title on LinkedIn, it may be a sign of things to come. Read the story.
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Content from our sponsor: Deloitte
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AI’s ROI Triumvirate: CIO, CFO, and Chief Strategy Officer
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In the pursuit of enterprise value from AI at scale, an executive triumvirate including the CIO, CFO, and chief strategy officer can lead the way. Read More
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AI has become an engine for customer engagement. Illustration: Thomas R. Lechleiter/WSJ
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The latest generation of AI agents are capable of taking action on behalf of people in a range of functions. And their migration into popular messaging services opens up even more opportunities for businesses, says WSJ Columnist Steven Rosenbush.
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There is a flywheel effect at work here. The AI agent has access to an enormous amount of data about users that makes it possible to tailor recommendations, information, and insights to their needs. And once they reside in a messaging app, they can create a continuing presence in the user’s life, just like a person would.
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But be warned, says Rosenbush. As AI agents become more like people, they are increasingly prone to the pitfalls of human relationships.
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Mad-scientist whiteboards and engineers testing chips at Annapurna Labs. Jordan Vonderhaar for WSJ
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The stealthy lab cooking up Amazon’s secret sauce
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This year, Amazon is planning more than $100 billion of capital expenditures, mostly on the AWS infrastructure required for AI systems. It’s even building a colossal supercomputer trained on an “ultracluster” of advanced chips designed by Annapurna. All this homemade silicon is the reason it can offer faster, cheaper and more efficient computing.
Basically, a company once known for books is now increasingly obsessed with chips.
And its strategy today was quietly made possible a decade ago with the prescient acquisition of a company that you’ve never heard of.
Annapurna was born in 2011 a long way from the research lab in Austin, Texas, where it now designs and tests the next generation of chips.
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Analysis by the WSJ's Ben Cohen
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Apple is weighing price increases for its fall iPhone lineup, a step it is seeking to couple with new features and design changes, the WSJ reports. The company is determined to avoid any scenario in which it appears to attribute price increases to U.S. tariffs on goods from China, according to people familiar with the matter.
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Months after unveiling Stargate, a massive data-center project with OpenAI, tech investor SoftBank Group has yet to develop a financing template, Bloomberg reports.
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One year after Sonos released an app update that proved so buggy that many complained of being completely unable to use their systems, the wireless speaker maker posted earnings beating Wall Street’s projections. The stock is still down 42% since the new app launched.
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Researchers at Carnegie Mellon University released an AI model designed to provide designs of Lego structures with a text prompt, Ars Technica reports. It's called LegoGPT.
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A technology outage took out radar and communications for Newark Liberty International Airport’s controllers briefly Friday morning, the second in two weeks.
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Everything Else You Need to Know
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The U.S. and China said Monday they have agreed to suspend most of the tariffs on each other's goods while further trade negotiations continue. The U.S. said it would lower its "reciprocal" tariff on Chinese goods to 10% from 125%. Likewise, China said it would lower its tariff on U.S. goods to 10% from 125%. (WSJ)
When President Trump tours the Middle East this week, he will be looking to secure investments in the U.S. from the world’s richest petrostates. His family businesses and close associates already have been striking deals in the region at a rapid clip. (WSJ)
House Republicans are releasing a plan to cut Medicaid spending, including work requirements and eligibility checks. (WSJ)
A Kurdish militant group said it would end its armed struggle and dissolve itself after four decades of conflict with Turkey, a news agency aligned with the group said Monday. (WSJ)
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Content From Our Sponsor: DELOITTE
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Generative AI Risks and How to Manage Them
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As generative AI introduces potential new risks into the technology landscape, business leaders can focus their mitigation efforts on four distinct areas. Read more.
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