Julie Chang

Tech companies are rushing to secure the power and critical materials necessary to build and operate AI data centers.

The copper from Rio Tinto will satisfy only a sliver of Amazon's needs.

The biggest data centers each require tens of thousands of metric tons of copper for all the wires, circuit boards, and other electrical components housed there.

A study published last week by S&P Global estimates copper demand for AI is projected to increase 50% by 2040, potentially leading to a 25% supply shortfall.

And Spotify is raising the price of its premium subscription in the U.S.

The company said today that the cost of a U.S.

premium subscription will go up by $1 to nearly $13 a month.

A spokesperson said updates to pricing enables it to, quote, continue offering the best possible experience and benefit artists.

The new pricing will take effect starting next month.

Spotify previously hiked prices for its U.S.

premium subscription in 2023 and 2024.

And that's your TMB Tech Minute.

We'll be back this afternoon with more.

Here's your morning TNB Tech Minute for Wednesday, January 14th.

I'm Julie Chang for The Wall Street Journal.

NVIDIA must meet new security requirements before sending its H200 AI chips to China.

The government is also getting a 25% cut of NVIDIA sales.

Airbnb has named a former leader of AI at Meta as the company's new chief technology officer.

Ahmed Aldal led generative AI at Meta, where he headed the team behind Meta's Lama AI models.

Here's your afternoon TNB Tech Minute for Tuesday, January 13.