Elon Musk said Tesla will have genuinely useful humanoid robots in low production for Tesla internal use next year and, hopefully, high production for other companies in 2026. This should mean hundreds and perhaps thousands of Teslabots in Tesla factories next year. There are handful Teslabots in use in Tesla factories now. There should then …
An MIT Professor of labor and productivity analysis, Daron Acemoglu, makes a case that AI progress to boosting world GDP growth will be less and transformative change will take longer. His case is not from a deep understanding or analysis of AI. He is looking at the comparative case of the internet. How long did …
There is a report from Bloomberg that the August 8, 2024 Tesla robotaxi event was delayed to October, 2024. This has caused about a 10% selloff in Tesla stock. Brian WangBrian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science …
Elon Musk says SpaceX is targeting a Starship launch with a Mechazilla tower booster catch in about 4-6 weeks. The fourth (previous) launch had a simulated booster tower catch where the booster hovered over water. The Mechazilla tower arms are about the size of the drone ship used to land and recover Falcon 9 boosters. …
Warren Redlich is a long time Tesla uber bull but he has fears that Elon Musk will leave Tesla if the 2018 CEO compensation package is not re-approved. The 2018 pay package was approved by over 70% of shareholders in 2018 and then all terms were met where the $2B+ volue of the award increased …
Of the roughly $10 billion in AI-related expenditures, Elon said Tesla would make this year, about half is internal, primarily the Tesla-designed AI inference computer and sensors present in all of our cars, plus Dojo. For building the AI training superclusters, NVidia hardware is about 2/3 of the cost. Elon Musk’s current best guess for …
XAI has raised $6 billion in a Series B funding round with participation from key investors including Valor Equity Partners, Vy Capital, Andreessen Horowitz, Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, amongst others. Elon Musk owns over half of xAI and xAI will be valued at about $24 …
Elon Musk says SpaceX has no need for additional capital and will be buying back shares. This must mean that the over 3 million Starlink customers that they have now and likely 5 million by the end of the year make SpaceX consistently profitable. SpaceX is adding about 1500 Starlink gen 2 mini satellites for …
Ex- Treasury Secretary Larry Summers and IMF Economists said the pre-1983 inflation formula would have record inflation in 2022 at 18%. The new paper by a group of economists from Harvard and the International Monetary Fund, headlined by former Treasury Secretary Larry Summers said that that rising interest rates were as much a part of …
There has been a lot of speculation about why Tesla cut the 500 person team for Tesla Supercharging infrastructure. Patrick Bet David, successful entrepreneur, podcaster and youtuber has posted the case that Elon Musk cut the Tesla Supercharging infrastructure team and slowed/paused Supercharging network buildout as a power move to get concessions and leverage over …
Meta has put Meta AI front and center in the search bars for Facebook and Instagram that have served as key tools to find content from particular friends or creators. This is what the All-in-Podcast guys called scorched Earth for AI. This means almost no one will pay the $20 per month or other subscriptions …