The autonomous driving features previously available in the domestic market were mainly the enhanced Navigate on Autopilot, and most vehicle models were unable to activate advanced FSD-related functions, according to Tesla customer service staff. Related News WERIDE-W Dives 2%+ as 1Q Loss Widens to RMB390M; Citi: LT Growth Outlook Intact Liu Xianming, head of the General AI Center at XPENG-W (0986...
The autonomous driving features previously available in the domestic market were mainly the enhanced Navigate on Autopilot, and most vehicle models were unable to activate advanced FSD-related functions, according to Tesla customer service staff. Related News WERIDE-W Dives 2%+ as 1Q Loss Widens to RMB390M; Citi: LT Growth Outlook Intact Liu Xianming, head of the General AI Center at XPENG-W (09868.HK), said the entry of FSD into China is a positive development, as it will foster healthy competition and drive industry progress. The company welcomes such high-level benchmarking. Compared with Tesla's FSD, XPENG-W's strengths lie in localization for China-specific scenarios, accumulation of local data, and optimization of local computing power, enabling it to address road conditions unique to China. While Tesla holds advantages in certain technologies, he believes both sides will promote each other through competition and, together with domestic peers, advance industry development. In Hong Kong, autonomous driving-related concept stocks escalated. Newly listed UISEE TECH (01511.HK) shot up 7.39%. WERIDE-W (00800.HK) swelled 9.34%. PONY-W (02026.HK) mounted 2.58%. MINIEYE (02431.HK) rallied 3.34%. In addition, lidar and in-vehicle camera-related concept stocks also advanced, with SUNNY OPTICAL (02382.HK) up 6.93%, HORIZONROBOT-W (09660.HK) and HESAI-W (02525.HK) each rising about 1.3%, and ROBOSENSE (02498.HK) gaining 2.64%. Tesla, Inc. (TSLA.US) announced that its supervised Full Self-Driving (FSD) system is now available in China, the US, Canada, Mexico, Puerto Rico, Australia, New Zealand, South Korea, the Netherlands and Lithuania.The autonomous driving features previously available in the domestic market were mainly the enhanced Navigate on Autopilot, and most vehicle models were unable to activate advanced FSD-related functions, according to Tesla customer service staff.Liu Xianming, head of the General AI Center at XPENG-W (09868.HK), said the entry of FSD into ...
Intel CEO Lip-Bu Tan says the company "made a lot of mistakes,"and reveals the fix. Why Intel's reporting overhaul matters for the chip roadmap Intel 18A yields climb as 14A lines up with TSMC 09:22Intel CEO Lip-Bu Tan has openly admitted past mistakes, telling CNBC's Jim Cramer on Mad Money that the company's previous reporting structure left engineers disconnected from the CEO under Pat Gelsinge...
Intel CEO Lip-Bu Tan says the company "made a lot of mistakes,"and reveals the fix. Why Intel's reporting overhaul matters for the chip roadmap Intel 18A yields climb as 14A lines up with TSMC 09:22Intel CEO Lip-Bu Tan has openly admitted past mistakes, telling CNBC's Jim Cramer on Mad Money that the company's previous reporting structure left engineers disconnected from the CEO under Pat Gelsinger. Tan has now made every engineer report directly to him, simplified the roadmap and pulled back former Intel veterans to fix the data center slide. He also flagged improving Intel 18A yields and confirmed 14A volume production in 2029, matching TSMC's A14.Intel CEO Lip-Bu Tan isn't tiptoeing around what went wrong at the company before he walked in. In a candid sit-down with CNBC's Jim Cramer on Mad Money, Tan pinned Intel's recent stumbles on a familiar villain inside big organisations: tangled reporting lines, too many silos and a leadership setup where engineers building the chips weren't really plugged into the chief executive's office. His first move as CEO, he said, was to rip that out. Every engineer at Intel now reports directly to him, a wiring change he says his predecessor Pat Gelsinger never made. "In the past, we made a lot of mistakes, and now we correct that mistake, and we simplify the roadmap. From day one I came on board as a CEO, I have all the engineering report to me," Tan told Cramer.When Cramer asked, almost in disbelief, whether engineering hadn't reported to the previous CEO, Tan's answer was a flat "No."Even when teams did escalate up the chain, he added, the attention wasn't really there. "They [had] too many silos, too many people needed reporting. And even though they come to the CEO, they are not paying attention to it."The reorganisation isn't a cosmetic chart-shuffle. Tan wants to see the engineering pain points himself, hear the customer in real time and trim a product pipeline that had grown sprawling. "So I decided the best thing is to r...
Elon Musk’s social media network X has been fined $650,000 after admitting it failed to provide information about how it was tackling online child abuse material. The federal court penalty, handed down on Thursday, brings to an end a legal battle that lasted more than three years, after the eSafety commissioner first issued the notice to the US-based company in 2023. The February 2023 notice asked...
Elon Musk’s social media network X has been fined $650,000 after admitting it failed to provide information about how it was tackling online child abuse material. The federal court penalty, handed down on Thursday, brings to an end a legal battle that lasted more than three years, after the eSafety commissioner first issued the notice to the US-based company in 2023. The February 2023 notice asked the company – then known as Twitter – to prepare a report on its compliance with basic online safety expectations around child sexual exploitation and abuse material. Twitter merged into X Corp on 15 March and the company then provided its report to the commissioner on 29 March. But the commissioner identified unanswered questions in the report and wrote back to X Corp on 6 April to seek further information, which was ultimately provided on 5 May. The commissioner took X Corp to the federal court, arguing it had contravened the Online Safety Act between 29 March and 5 May by not properly responding to the safety notice. The company initially challenged the accusations in court, claiming it did not have to comply with the notice because Twitter stopped being a company after the merger. But Justice Michael Wheelahan rejected that claim and found in the commissioner’s favour in October 2024, ordering X Corp to comply with the notice. The decision was upheld by the full federal court in July 2025 after X Corp tried to appeal against the ruling. The US-based company on Thursday admitted the contraventions but noted they had happened at a time when there was significant corporate changes due to the merger. The parties agreed to a $650,000 penalty, which Justice Wheelahan imposed. The judge found it was appropriate to impose a penalty close to the maximum available fine of $687,500. “A penalty near the maximum is appropriate in the case of the respondent, which is a substantial corporation so that it operates as a real deterrent and is not simply a cost of doing business,” he sai...
Anthropic ( ANTHRO ) has agreed to pay SpaceX ( SPACE ) nearly $45B over the next three years to support the operation of its AI model Claude as it races to secure capacity amid surging demand for its AI services. Under the agreement, Anthropic ( ANTHRO ) will pay about $1.25B per month through May 2029 for access to compute capacity from SpaceX’s ( SPACE ) 'Colossus 1' data center in Memphis, Ten...
Anthropic ( ANTHRO ) has agreed to pay SpaceX ( SPACE ) nearly $45B over the next three years to support the operation of its AI model Claude as it races to secure capacity amid surging demand for its AI services. Under the agreement, Anthropic ( ANTHRO ) will pay about $1.25B per month through May 2029 for access to compute capacity from SpaceX’s ( SPACE ) 'Colossus 1' data center in Memphis, Tennessee, owned by xAI ( X.AI ), the AI subsidiary of SpaceX ( SPACE ). However, discounted rates apply in May and June, the first two months as xAI ( X.AI ) completes the expansion of the data center, according to a Bloomberg report . The details were disclosed on Wednesday in regulatory filings tied to SpaceX ’s ( SPACE ) planned IPO , which stated that either party can terminate the agreement with 90 days’ notice. Facing a surge in Claude demand, Anthropic ( ANTHRO ) partnered with rival to secure 300 MW of computing capacity, including more than 220,000 Nvidia ( NVDA ) GPUs. For xAI ( X.AI ), which continues to burn cash, the Anthropic ( ANTHRO ) data center lease could be a major source of revenue. SpaceX ( SPACE ) said the deal "allows us to monetize idle computing capacity within our infrastructure." It added, "We expect to enter into additional similar service contracts in the future." The Starship spacecraft maker described the approach as a “dual monetization strategy,” saying it creates multiple revenue streams through more efficient use of infrastructure resources. More on Anthropic, SpaceX SpaceX IPO: Accelerated S&P 500 Inclusion Could Create A Liquidity Vacuum To A Trillion(s) Dollars And Beyond: A SpaceX IPO Odyssey SpaceX: $1.75T IPO And 220x EV/EBITDA Could Trigger Surge In Aerospace And Defense Anthropic set to generate operating profit for first time: report SpaceX IPO filing shows company built around Elon Musk, Starlink, AI Age
Alphabet’s Google is investing $15 billion to build new infrastructure in Montgomery County, Missouri, marking one of the largest technology investments in the state’s history as demand for artificial intelligence and cloud computing capacity accelerates. The project, centered in New Florence, Missouri, will create thousands of construction jobs during the buildout phase and hundreds of permanent ...
Alphabet’s Google is investing $15 billion to build new infrastructure in Montgomery County, Missouri, marking one of the largest technology investments in the state’s history as demand for artificial intelligence and cloud computing capacity accelerates. The project, centered in New Florence, Missouri, will create thousands of construction jobs during the buildout phase and hundreds of permanent operational positions once the facility enters service, according to the company and Missouri officials. Governor Mike Kehoe described the development as a major boost for Missouri’s economy and innovation sector, while Google President and Chief Investment Officer Ruth Porat said the company plans to expand workforce development and energy affordability initiatives alongside the infrastructure rollout. The announcement highlights the rapidly growing energy footprint of hyperscale data centers as major technology firms race to secure computing power for AI applications. Utilities across the United States have seen surging electricity demand forecasts tied to data center expansion, particularly in the Midwest and Southeast. Google said it has already contracted more than 1 gigawatt of new generation capacity in Missouri and is supporting the development of an additional 500 megawatts through partnerships with utility companies, including Ameren. The company also emphasized that, under Missouri legislation signed in 2025, it will cover 100% of the power costs and infrastructure expenses directly tied to the data center’s operations. Ameren Chairman and CEO Martin Lyons called the project the largest economic development initiative in the utility’s Missouri service territory. In parallel with the infrastructure investment, Google announced a $20 million Energy Impact Fund aimed at reducing household energy costs in communities surrounding its Missouri operations, including Montgomery, Clay, and Platte counties. Part of the funding will support home weatherization and efficienc...
The alab buy hold trim debate got louder after Astera Labs posted Q1 FY26 revenue of $308.4 million, up 93% year over year. That is a record quarter, and the stock now trades near 165x P/E at roughly $285. The astera labs valuation reaction question is whether that multiple is defensible. AI connectivity stocks have rerated hard, and ALAB sits at the sharpest edge of that move. Scorpio Switch Fami...
The alab buy hold trim debate got louder after Astera Labs posted Q1 FY26 revenue of $308.4 million, up 93% year over year. That is a record quarter, and the stock now trades near 165x P/E at roughly $285. The astera labs valuation reaction question is whether that multiple is defensible. AI connectivity stocks have rerated hard, and ALAB sits at the sharpest edge of that move. Scorpio Switch Family and the AI Connectivity Story Astera Labs sells silicon that moves data between GPUs, CPUs, and accelerators inside AI data centers. Scorpio is the product line that matters now, and the X Series is the ramp investors are pricing in. Why scale-up switching matters Scale-up switching connects GPUs inside a single AI training pod. Bandwidth here is the bottleneck for training the largest models, and hyperscalers will pay premium prices to remove it. Where ALAB fits in the AI stack The Scorpio X Series began shipping initial volumes in Q1 FY26, with the 320-lane SKU expected in Q2 FY26 and production ramping in H2 FY26. Management expects X Series to surpass P Series as the largest product line by year-end FY26. NVIDIA sells the GPUs, Broadcom and Marvell sell custom ASICs, and Astera sells the connectivity glue tying it together, mapped in our AI infrastructure picks and shovels playbook. Q1 FY26 Numbers: 93% YoY Revenue Growth The Q1 FY26 print was strong on almost every line. Revenue hit $308.4 million, up 93% year over year and 14% sequentially, a record for the company. What the gross margin tells us GAAP gross margin came in at 76.3%, with non-GAAP gross margin at 76.4%, software-like profile on a hardware product line. Mid-70s margins say Astera is not competing on price; hyperscalers are paying for time-to-market and proven interoperability. Sequential growth is the real tell YoY growth at 93% looks dramatic, but the 14% sequential gain is the better signal because it shows the demand curve is still bending up. Want exposure to the AI connectivity build-out without ...