Rivian Autonomy Chief Calls Lidar ‘No-Brainer’ as Costs Fall: EV Maker Charts Its Path to Self-Driving Cars – Rivian Automotive (NASDAQ:RIVN)

Rivian Automotive Inc.‘s (NASDAQ:RIVN) The top autonomy executive says rapidly falling lidar costs have made the once-unaffordable sensor an obvious choice as the EV maker accelerates plans for fully autonomous vehicles. Lidar costs are falling, making laser sensors feasible for consumer EVs James PhilbinRivian’s vice president of autonomy and AI said the price of lidar […]

Reddit files lawsuit against Australia’s social media ban on under-16s, citing freedom of speech violations – Metaplatforms (NASDAQ:META), Reddit (NYSE:RDDT)

Reddit (NASDAQ:RDDT) has taken legal action against Australia’s social media ban on under-16s, arguing it goes against free political discourse. High-stakes conflict over app ban On Friday, Reddit challenged Australia’s ban on social media for young teens in the country’s highest court under the new Social Media Minimum Age (SMMA) law. The ban, which was […]

Nvidia-Backed Starcloud Trains First LLM in Space Amid Orbital Data Center Buzz – CEO Calls It ‘Significant’ First Step – NVIDIA (NASDAQ:NVDA)

Star cloudAn Nvidia Corp.-backed (NASDAQ:NVDA) company, trained an AI model from orbit amid a hustle and bustle around space-based AI data center satellites. Starcloud used Nvidia’s H-100 chip to train AI from space The Washington-based startup launched the Nvidia H-100 GPU, which has 100 times the computing power of other chips previously launched into orbit, […]

Elon Musk says Waymo ‘never really had a chance against Tesla’ as robotaxi rival completes 14 million robotaxi rides by 2025 – Tesla (NASDAQ:TSLA)

Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk took a swing Alphabet Inc.‘s (NASDAQ:GOOGL) (NASDAQ:GOOG) autonomous taxi company Waymo amid a Robotaxi boom in the US Waymo never had a chance, says Elon Musk On Tuesday, Googling‘s chief scientist for DeepMind, Jeff Deantook to social media platform X and shared his thoughts on Waymo’s progress in […]

Cursor CEO reveals 80% of support is now fully automated as internal helpdesk replaces human work

The $29 billion AI coding startup Cursor says it has automated most of its internal support operations, offering a glimpse into how artificial intelligence is rapidly reshaping business workflows. AI helpdesk automates 80% of internal support tickets Speaking at Fortune’s Brainstorm AI conference in San Francisco, CEO Michael Truell said Cursor has built an internal […]

Sean Duffy Says Pete Buttigieg, Joe Biden Are Driving Vehicle Prices Wild With ‘Backdoor EV Mandate’ – Ford Motor (NYSE:F), Honda Motor Co (NYSE:HMC)

has crushed his Biden-era counterpart, for driving up vehicle prices and the latter’s policies towards electric vehicles. Biden let vehicle inflation run wild, says Sean Duffy published By the Detroit Free Press on Monday, Duffy shared that the previous Biden administration had used policies to force people to buy electric vehicles, adding that the administration […]

Gary Black Says Tesla’s Optimus Tele-Operation Has Share Price Concerns – Sawyer Merritt Replies: ‘It Was Already Known…’ – Tesla (NASDAQ:TSLA)

The director of The Future Fund LLC, Gary Blackthinks the recent video about an Optimus Robot at the company’s Miami event last weekend raised questions and prompted Tesla Inc. (NASDAQ: TSLA) inventory down. Optimus is clearly not scalable, says Gary Black In a post shared on social media platform “If Optimus were operated remotely instead […]

Texas Rep. James Talarico echoes Bernie Sanders’ criticism of Elon Musk’s trillion-dollar salary package: ‘Tax trillionaires out…’ – Tesla (NASDAQ:TSLA)

Rep. James Talarico (D-TX) has expressed criticism Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk‘s new trillion-dollar compensation package, approved by investors at last month’s shareholder meeting. “We can’t please the rich,” says James Talarico Talarico criticized Musk in his post on the social media platform X on Sunday. “The reason poverty exists in the richest […]

Apple Chip Chief Considers Exit, Tim Cook’s AI Reset and More: This Week in Appleverse – Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN)

It was a week of important developments Apple Inc. (NASDAQ:AAPL) and its rivals. The possible departure of a top executive, a strategic reset, a major legal appointment and a foldable phone war were among the top stories. Apple CEO Johny Srouji is considering leaving The possible departure of Apple’s best chip manager, Johnny Sroujhas raised […]

Ray Dalio once had to borrow $4,000 from his father to make ends meet, but says it was ‘the best thing that ever happened to him’: Here’s why

Founder of Bridgewater Associates Ray Galio recently recalled a moment that he says nearly wiped him out financially, but ultimately made him a better investor and boss. Blaming is counterproductive and forces a painful lifelong lesson Dalio went to He said he “calculated that American banks had lent far more money abroad than they could […]