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Robot Delivery Service Plans US and Europe Expansion
Bloomberg TechnologyĀ· 2025-06-20 19:23
The money. Was it for Zach. Well, we really want to expand the service to more areas, so we're building the best autonomous vehicle for our urban environment.So we're operating in Los Angeles, Chicago, Miami, Helsinki, Finland. We have a lot more cities coming up soon. But, you know, we want to build the best vehicle to move goods around cities to make it much cheaper for our customers and for merchants.Okay. So it's all about U.S. markets. Is there an international focus as well here.Yes, In the US we've b ...
SoftBankās Founder Pitches $1 Trillion US AI Hub
Bloomberg TechnologyĀ· 2025-06-20 19:18
You think this is perhaps more of a marketing ploy. Yeah, that's that's where the, you know, the skeptic in me thinks it's it's a little bit more of that. I mean, you never want to underestimate SoftBank.And when it comes to A. I. and robotics, I think there's a lot of interest, particularly from the capital markets.But, you know, the size and the scale seem a little bit trumped up, so to speak. I think in the timing I would question as well, like and that's why I don't think you're seeing the stocks move a ...
IBM Announces Quantum Milestone
Bloomberg TechnologyĀ· 2025-06-20 18:56
This is a new error correcting code. You say basically it cracks the code on science challenges of actually making quantum a reality. Absolutely.I mean, the the whole the whole thing here is that we cracked the code in actually building something that's realistic and planning for this with a full architecture, which gives us the roadmap to go year after year of new technologies to hit that milestone in 2029 with IBM Sterling. Can you take us from here in 2025 to 2029. What needs to be achieved.Because there ...
Muskās Tesla Prepares to Launch Robotaxi Service
Bloomberg TechnologyĀ· 2025-06-20 18:53
For anyone who is worried about the safety involved here, your data shows that we should be pursuing this path. Yeah. So in an early paper, just looking at the kinds of technologies that auto manufacturers already have, we expected about an 85% crash reduction and fatality reduction and crash cost reduction, which is a lot of money because Americans already lose about $3,000 a year per capita every year to crash costs.And what we've already seen is Waymo is hitting that target on the streets of san francisc ...
Meta Launches $399 Oakley AI Glasses
Bloomberg TechnologyĀ· 2025-06-20 18:48
It's funny the way the story is written by Mark Gurman, he says people are using them also for thrill seeking. They're getting on rollercoasters and using them. Why are these versions going to be better.I mean, it just turns out to be a better form factor when you think about, you know, the Ray-Ban glasses compared to the VR headset. I would say it's a much easier form factor to use, you know, as an air glass. But at the same time, I think they also realize that the VR headset won't really as impressive to ...
Israel Says Iran Is Hacking Private Security Cameras
Bloomberg TechnologyĀ· 2025-06-20 17:19
This is something that highlights a longstanding vulnerability with surveillance cameras which have become ubiquitous around the world. When we look in our homes, even you see those doorbell cameras and you go to any office or or department store. There are cameras everywhere, even on the streets.Yet the data that is being gathered, the images, the footage is not necessarily as secure. We've seen instances several years ago of hacks of startups that had, you know, just reams of data from tens of thousands o ...
US Could Target Allies' Chip Plants in China: WSJ
Bloomberg TechnologyĀ· 2025-06-20 17:06
That's some really interesting news breaking very recently across the Bloomberg terminal, coming from The Wall Street Journal, talking about how the US is preparing action targeting Ally's chip plants in China in particular. There's talk of ending waivers for the likes of TSMC, SK Hynix, Samsung that actually make chips in China. Right.It seems to be trying to make it harder for global chip makers basically to operate in China. Well, to a degree, yes. And the idea from the Trump administration is to what th ...
Tesla Robotaxi Set to Start Offering Rides on Sunday
Bloomberg TechnologyĀ· 2025-06-20 13:46
AND FED CHAIR JAY POWELL TESTIFYING BEFORE THE HOUSE FINANCIAL SERVICES COMMITTEE. TURNING BACK TO TESLA, IT IS -- IT'S LONG-ANTICIPATED ROBOTAXI IS SET TO LAUNCH IN AUSTIN. JOINING US NOW IS CRAIG TRUDELL.WE WERE EXCITED TO HEAR THIS COULD BE GETTING CLOSE TO FRUITION BECAUSE WE ARE BOTH THINKING ABOUT THE POSSIBILITY OF BEING ABLE TO SHIP PEOPLE AROUND WITHOUT THINKING ABOUT IT. HOW MUCH IS THIS GOING TO BE A WATERSHED MOMENT FOR A REALLY BE ENOUGH COMPANY IN TESLA. CRAIG: IT IS A LONG TIME COMING, RIGHT. ...
Has Europe Already Lost the AI Arms Race?
Bloomberg TechnologyĀ· 2025-06-20 12:04
The next industrial revolution isn't being powered by coal or oil. This time, the most valuable resource is artificial intelligence. And while Silicon Valley often steals the headlines, Europe certainly isn't out of the race.From London to Leyon, Munich to Milan, a new generation of AI startups is emerging. But the money and the scale is often smaller. Last year, America's AI companies secured more than seven times the funding of their European rivals, and patents related to AI in the US outnumber those fro ...
Xrealās One Pro Are a Stopgap Ahead of True AR Smart Glasses
Bloomberg TechnologyĀ· 2025-06-20 12:01
This is the XRL 1 Pro, a sleek step into the future of augmented reality. They look just like regular glasses, but plug them into your phone, laptop, or gaming console, and they become a highde virtual display. Unlike Apple's Vision Pro or Meta's Quest, these are not heavy headsets.The One Pro uses clear lenses, so you're actually seeing right through the lenses, looking at your digital content floating inside of it. But there are trade-offs. They're tethered.A USBC cable powers them directly from your devi ...