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Wall Street wants answers on robotaxis and 'physical AI' as Tesla gears up for earnings

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Bloomberg/Getty Images Tesla earnings are on deck and Wall Street is eager for answers about the EV maker's big initiatives. Analysts are focused on robotaxi deployment and humanoid robots, pillars of the bull thesis for the stock. It's also the first report since SpaceX went public. Expect questions to come up about a possible merger. Tesla reports second-quarter earnings after closing bell on on Wednesday, and Wall Street analysts have some pressing questions about Elon Musk's ambitions for the EV maker. While Tesla deliveries recently showed that sales are rebounding, Tesla stock hasn't reflected renewed bullishness from investors. Shares are down 15% year-to-date, making the stock among the weakest of the Magnificent Seven. Investors and analysts hope the Q2 earnings report will offer insight into how Musk plans to reinvigorate the bullish sentiment in the latter part of the year. Key to the bull thesis are robotaxi deployment and humanoid robots, which upbeat Wa...
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Block launches Buzz, an open source collaboration workspace on Nostr protocol for humans and AI agents to share messages, code repositories, workflows, and more (Block)

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Block : Block launches Buzz, an open source collaboration workspace on Nostr protocol for humans and AI agents to share messages, code repositories, workflows, and more   —  Open Source, Decentralized Technology, Developers, AI, Technology  —  TODAY WE'RE RELEASING Buzz, A FREE … from Techmeme https://ift.tt/ow1jptn
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Live Q&A: Why Kalshi is wooing Wall Street

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Kalshi's Head of Institutional joins BI Live. Kalshi / BI Andy Ross joined Kalshi as Head of Institutional Business in late March. He's charged with attracting large institutional investors — like hedge funds — to the platform. Scroll down to join our live conversation with Ross on Tuesday at 1:30 p.m. ET. Prediction market platform Kalshi has grown into a multi-billion-dollar business thanks to retail traders putting money on everything from election outcomes to reality TV winners. But now the company wants institutional investors — think hedge funds — to use the platform. Why the push, and will it work? Business Insider Today 's Dan DeFrancesco sits down with Kalshi's Head of Institutional, Andy Ross. "The last time I was this excited I was pacing the delivery room waiting for my first child to be born!" Ross wrote on LinkedIn, announcing his move to Kalshi from Standard Chartered Bank. "I believe prediction markets are the single most important disrupt...
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Anduril and Archer unveil an autonomous aircraft platform designed for commercial and military uses, along with an autonomous attack rotorcraft called Thunder (Reuters)

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Reuters : Anduril and Archer unveil an autonomous aircraft platform designed for commercial and military uses, along with an autonomous attack rotorcraft called Thunder   —  Archer Aviation (ACHR.N) and defense technology company Anduril unveiled a co-developed autonomous aircraft platform on Monday … from Techmeme https://ift.tt/WxjaPpb
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Moonshot AI pauses new subscriptions, saying that over the past two days Kimi K3 demand nearly passed the limit of its capacity, and also reworks its plan tiers (@kimi_moonshot)

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@kimi_moonshot : Moonshot AI pauses new subscriptions, saying that over the past two days Kimi K3 demand nearly passed the limit of its capacity, and also reworks its plan tiers   —  Kimi K3 has received far more love than we expected, and our GPUs are feeling it. Over the past 48 hours, demand has pushed close to the limits of our current capacity. To protect the experience of existing subscribers, we're temporarily pausing new subscriptions and from Techmeme https://ift.tt/6MDctYx
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As many companies cut AI costs by using cheaper models, some, like Shopify, go all-in on frontier models, barring engineers from using anything else (Belle Lin/Wall Street Journal)

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Belle Lin / Wall Street Journal : As many companies cut AI costs by using cheaper models, some, like Shopify, go all-in on frontier models, barring engineers from using anything else   —  Despite steep and rising price tags, some companies heavily favor the more powerful ‘frontier’ AI systems over cheaper alternatives from Techmeme https://ift.tt/wtGhrIP
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Walmart removes some salad products from its shelves in response to the cyclospora outbreak

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A culprit has been identified in the cyclosporiasis outbreak: shredded lettuce. Oksana Karuniene/Getty Images The FDA has linked shredded lettuce sold at Taco Bell to the cyclosporiasis outbreak. Thousands of cases of watery diarrhea have been linked to the parasite across the US this summer. Taylor Farms on Friday said that it was pulling iceberg lettuce from central Mexico "indefinitely." They found it. The US Food and Drug Administration has linked shredded iceberg lettuce supplied to Taco Bell restaurants in five states to an ongoing cyclosporiasis outbreak . The agency said shredded lettuce served at Taco Bell locations in Indiana, Kentucky, Michigan, Ohio, and West Virginia was responsible for 1,644 confirmed cyclosporiasis cases. The FDA pointed to a "single supplier of iceberg lettuce from Mexico." It did not name the company, though a person familiar with the matter told Business Insider the outbreak was linked to Taylor Farms. On Friday, Taylor Farms said...
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