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News
Musk sent governments a message about the robot economy
9+ hour, 3+ min ago (766+ words) The world’s richest man put a deadline on the robot economy. The arithmetic is complicated....
Elon Musk Says America’s Wealth Gap With Europe Is About to Get ‘Much Bigger’ — AI and Robots Are Why
1+ week, 4+ day ago (359+ words) Space Exploration Technologies Corp. and Tesla Inc. CEO Elon Musk thinks that the U.S.'s advances in artificial intelligence and robotics would help the country widen the wealth gap with Europe. In a post on X on Sunday, TV Presenter John…...
Hyundai makes big bet on the US with new EV push
2+ week, 3+ day ago (363+ words) Yahoo Finance Senior Autos Reporter Pras Subramanian breaks down Hyundai's (005380.KS) upcoming electric vehicles, plans for a new midsize pickup, and why expanding US production could be key to the automaker's growth strategy. big bet is on hybrids and also…...
Formic Opens Oakland Facility, Anchoring Humanoid and Physical AI Expansion in the Bay Area Alongside Tesla and Amazon
2+ week, 4+ day ago (348+ words) Formic was founded on the belief that technology should serve the industries that need it most. American manufacturing businesses feed us, clothe us, house us, and build the things we rely on every day. Formic is working to make robots…...
AI Will Deflate Value of IT Work by Up to 25%, Hexaware CEO Says
2+ week, 4+ day ago (426+ words) (Bloomberg) -- AI could lower the price of routine IT projects by as much as 25%, the head of India's Hexaware Technologies Ltd. said, highlighting the impact the technology will have on a sector known for labor-intensive tasks. Lutnick's Intervention in Canada…...
Elon Musk Weighs In As Atreides CIO Gavin Baker Warns of 'Compute Inequality,' Sees His Firm's AI Spending Double Monthly
2+ week, 4+ day ago (392+ words) Over the weekend, Space Exploration Technologies Corp CEO Elon Musk reacted to Atreides Management CIO Gavin Baker's prediction that rapidly rising AI usage will make compute spending increasingly critical. In a post on X, Baker said that Atreides' internal AI…...
Tesla Just Took a Blow to Its AI Chip Plans
2+ week, 5+ day ago (343+ words) Tesla (NASDAQ:TSLA) has lost another senior artificial-intelligence hardware engineer to DensityAI, adding fresh execution risk to Elon Musk's push to make custom silicon a critical part of Tesla's autonomous-driving and robotics strategy. Shishuang Sun, most recently Tesla's senior director…...
Tesla Is Ready to Launch Its EV Semi Truck—and the Stock Is Rising
3+ week, 1+ day ago (126+ words) Tesla stock rose early Friday, trying to close out a solid week on a high note. An electric vehicle is helping, which is a surprise for the EV maker these days. The move comes as Tesla announced a launch event…...
Early Tesla Investor Steve Jurvetson Bets on SpaceX Alumni to Solve AI’s Power Problem: ‘The Endgame for Datacenter..."
4+ week, 1+ day ago (342+ words) Early Tesla Inc. and Space Exploration Technologies Corp. investor Steve Jurvetson is backing two former leaders who worked at Elon Musk's space company, aiming to solve AI's rising electricity demand with off-grid solar and battery systems for data centers. Jurvetson,…...
Tesla Stock Is on Track for a 2-Week Winning Streak
4+ week, 1+ day ago (60+ words) Lower borrowing costs tend to benefit growth stocks like the EV maker, but shares are still struggling for the year. Oops, something went wrong U.S. markets close in 5h 6m Tesla Stock Is on Track for a 2-Week Winning Streak Lower borrowing costs…...