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TNB Tech Minute: Waymo Recalls Thousands of Robotaxis

6/18/20263 min

Plus: Accenture lowers its revenue guidance. Meanwhile, BE Semiconductor raises its long-term revenue and profitability targets. And SpaceX shares are set to extend their decline. Julie Chang hosts.

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First 90 seconds
  1. Speaker 10:00

    Many companies are struggling to scale their AI deployments or even move them past the pilot stage. Often the problem isn't technology, but organizational misalignment around goals, processes, and incentives. At the break, join Caroline Roach, a senior partner at IBM Consulting, to learn why.

  2. Julie Chang· Host0:14

    [upbeat music] Here's your afternoon TMB Tech Minute for Thursday, June 18th. I'm Julie Chang for The Wall Street Journal. Waymo is recalling over 3,800 robotaxis due to a risk of them speeding through highway construction zones. The National Highway Traffic Safety Administration reported Waymo cars entered Phoenix and San Francisco freeway work zones in April and May. The recall will include software improvements as well as additional operational protocols. It comes as competitors, including Uber, Lucid, Nuro, and Intel's Mobileye prepare for their own robotaxi expansions next year. Accenture has lowered its fiscal year revenue guidance. Its CEO told analysts the Iran conflict had interrupted business in the Middle East, with the firm seeing a $400 million hit to sales. Plus, shares in the IT consulting firm have taken a beating this year over concerns that AI tools will replace some of what it does. Accenture stock was down more than 18% in afternoon trading to its lowest level in nearly a decade. Meanwhile, BE Semiconductor Industries, or Besi, has raised its long-term revenue and profitability targets. The Dutch

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