HUMANOID ROBOT
China is building inside Europe's trade walls, deepening its grip on critical industries
(The opinions expressed here are those of the author, the director of the Geoeconomics Program of the Center for the Study of Democracy)- China doesn't
Meet Spencer Huang, Jensen Huang's son, who is building Nvidia's robot future as Director of Product Management for Robotics
Nvidia CEO Jensen Huang had a close relationship with alleged Chinese spy Alice Huang. Now, the investigation into the matter will be overseen by a committee of independent directors. The latest developments have brought back attention to Jensen Huang's family, including his wife, and two children, Spencer and Madison.
What went wrong with Tesla Cybertruck? Elon Musk says production will wind down in mid-2027
Tesla Cybertruck production: Tesla plans to wind down Cybertruck production at its Texas factory around mid-2027 as Elon Musk shifts manufacturing capacity towards the Cybercab. The decision follows years of production delays, repeated recalls, steep price increases and sales that fell short of the company's original ambitions.
SpaceX-Tesla merger could give Musk control without Mars, robotaxi milestones
Elon Musk's compensation packages at SpaceX and Tesla are tied to ambitious goals involving Mars and robotics. Recent discussions on a merger may provide Musk with greater voting control at Tesla. The current arrangement at SpaceX gives Musk significant voting rights without needing to achieve specified goals. Analysts suggest that Musk's plans may be adjusted post-merger to align with new market conditions.
China's robot makers have mastered the moves. Now comes the race for brains
The shift is fuelling an investment boom in embodied AI, a field focused on software that allows robots to understand their surroundings, learn unfamiliar tasks and adapt without having to be programmed for every job.
Fintechs fortify cyber defences; Logistics cos in the speed lane
Happy Monday! Fintechs are stepping up security as AI-powered cyberattacks become more sophisticated. This and more in today’s ETtech Morning Dispatch.
Bill Gates says next 20 years to be the most tumultuous in human history as Microsoft announces buyouts to 60,000 employees
Microsoft Layoffs: Bill Gates has warned that the next 20 years could be among the most tumultuous periods in human history as artificial intelligence and robots transform jobs and industries. The Microsoft co-founder believes AI could eventually create widespread abundance, but the transition may lead to job losses, economic uncertainty and a crisis of purpose for many workers. He has suggested shorter working hours, earlier retirement and selective AI adoption as possible ways to manage the disruption.
The AI boom may transform the economy and still destroy capital, with stranded data centres and heavy investor losses
Investments in artificial intelligence by major companies have significantly increased in recent years. The overall investment in other sectors has shown minimal change during this period. AI's potential to enhance productivity suggests that current spending may benefit various industries like healthcare and education. Concerns exist regarding potential overinvestment and its subsequent impact on the economy.
Explainer | Why would Musk merge SpaceX and Tesla?
Elon Musk has expressed support for a potential merger between Tesla and SpaceX. This merger could create a technology and manufacturing powerhouse worth approximately $3.5 trillion. By combining their resources, both companies could streamline operations and enhance collaboration on projects like AI and robotics. However, there are challenges related to governance, regulatory scrutiny, and execution risks that need to be addressed.
Physical AI needs strict safety boundaries and interpretability: TorqueAGI founder Ashutosh Saxena
The Palo Alto based physical AI startup counts Rackhouse Venture Capital and Trucks Venture Capital as early backers and has active collaborations with firms like Nvidia. According to Saxena, the challenge is to make robots reason through their decisions while ensuring that mistakes do not cause physical harm.
VerSe valuation sinks; Paytm Q2 profit rises
Happy Tuesday! Dailyhunt parent VerSe Innovation’s valuation has taken a sharp hit. This and more in today’s ETtech Morning Dispatch.
Faraday Future's $89,000 AI robot makes NYC debut to learn human behavior - and potentially become a babysitter
A life-sized humanoid robot was recently showcased at Brooklyn Bridge Park, attracting visitors of all ages. Developed by Faraday Future, the robot sang, danced, and engaged with children during its public debut. The company's Chief Technology Officer emphasized plans for the robot to nurture and interact with humans effectively. While some potential applications include babysitting and companionship, these remain future possibilities.
Meta’s bigger budget, Tesla’s smaller one leave Wall Street uneasy
Investors question how Meta will fund its AI push and whether Tesla’s smaller budget can deliver Musk’s ambitions.
FCC grants Intel waiver for foreign-made robotic devices
The FCC said it would grant a one-year waiver of its rules in order to prevent "potential disruptions in the availability of domestic semiconductor manufacturing services for Intel's customers."
How Elon Musk’s $3.5 trillion Tesla–SpaceX merger could rewrite the rules of his business empire and shift who holds the power
In an ambitious move, Elon Musk is contemplating merging Tesla with SpaceX, a deal poised at roughly $3.5 trillion. Public sentiment appears favorable, yet no official contract has been signed. Teams of independent evaluators will scrutinize the merger plan to assure shareholder fairness. Should this merge succeed, it could significantly enhance Musk's sway in business decisions, though regulatory obstacles and shareholder needs could complicate the pathway ahead.
This Chinese robot can lift cars, fight intruders head-on, and can even save your life from danger; watch its capabilities in viral video
Unitree Robotics has unveiled a new robot called the H2-X Kung Fu Legend Guardian to assist in emergency situations. This robot can perform tasks such as lifting cars and rescuing pedestrians from danger. It possesses advanced capabilities and is expected to operate continuously for up to eight hours. The H2-X builds upon previous models but lacks detailed technical specifications at this time.
Nvidia's Huang hails Europe's AI potential, flanked by robot ducks
In a demonstration of Europe's AI creativity, Huang shared the stage with tiny duck-shaped, AI-trained robots developed by French startup Pollen Robotics in collaboration with Hugging Face, asking them to perform somersaults.
Musk's mother of all mergers will birth a $3.5 trillion tech monster
Elon Musk is considering merging Tesla and SpaceX, with both companies forming committees to evaluate the proposal. This merger could enhance their collaboration in artificial intelligence and robotics, as both companies have overlapping interests. While Tesla may gain from SpaceX’s rocket-launch capabilities, there are concerns about financial risks and governance issues. Investors are skeptical, particularly regarding the potential burden on Tesla's existing operations.
US Market: Musk backs Tesla-SpaceX merger idea, envisioning a $3.5 trillion giant
Elon Musk backs the idea of a Tesla-SpaceX merger that could create a technology conglomerate valued at around $3.5 trillion. The combination could unite electric vehicles, satellite communications, robotics and AI computing, while raising questions over regulation, governance and shareholder value.
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