“<a href="https://www.wsj.com/tech/ai/is-the-flurry-of-circular-ai-deals-a-win-winor-sign-of-a-bubble-8a2d70c5?mod=WSJ_TNBPOD">Circularity</a>” is the latest buzzword in AI, as tech companies strike megadeals with each other. WSJ Heard on the Street columnist <a href="https://www.wsj.com/news/author/jonathan-weil?mod=WSJ_TNBPOD">Jonathan Weil</a> breaks down why these deals might be a win-win—and how they could go wrong. Plus, WSJ reporter <a href="https://www.wsj.com/news/author/katherine-bindley?mod=WSJ_TNBPOD">Katherine Bindley</a> explains what brought <a href="https://www.wsj.com/economy/san-francisco-is-back-cb4a58b1?mod=WSJ_TNBPOD">San Francisco</a> out of the shadow of a doom loop. Belle Lin hosts.

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