There's actually like a lot of granular questions about what you're spending on whether it's a kind of shift to offer more in the air domain beyond the core CPU. Could you just explain a little bit of where that's based. Yeah.Happy to. And good morning. And thanks for. Thanks for having me this morning.So a few things that are going on with our business. We just came off our first quarter. We're in our first fiscal year.We've never actually in the first quarter ever had $1,000,000,000 in revenue. That was a ...

You and I have discussed this so many times, the move into Iot and in particular automotive. So I thought that a good starting point would be to ask when smartphone and handset is no longer the majority of revenue and when that kind of tipping point or how close toward that tipping point is where your diversification efforts have shifted the business model. Very good.Ed, great talking to you. Look, I. I don't really understand what not to like about it.We have been consistently delivering what we said we're ...

This company still has throngs of adoring fans and they go to every event. I'm walking around like there's all these Cybert trucks. People are wearing t-shirts that say don't bet against Elon and they're wearing t-shirts from like previous product launches and it was almost like a reunion.There were things for the kids to do. There was a 3D printed Cybert truck that you could color. So they were giving out Cybert trucks and crayons and a lot of kids were were coloring them among the sort of test Tesla Elon ...

[Music] So, we're here at the Tesla diner. I'm going to go make an order. Maybe a burger, maybe a surprise, maybe a tune melt.I don't know. Let's go find out. Elon Musk opened the Tesla diner last week, just as the company reported its steepest revenue decline since 2012.Despite these darkened projections, the fervor around the $1 trillion brand has never been stronger, compelling some fans to make pilgrimages from as far away as Nova Scotia. Being there felt like stepping back in time to one of the drive-i ...

What do you make of this platform ization, this idea to be going broader and broader as cyber security companies. Well, so I think it's a bridge too far and we've seen the next generation a lot. Growth will follow a decelerating over the number of quarter recently and that's because they didn't they don't really have a platform at their core business, their network security business.They have platform formalization with, which is the promise, which is a crusade to know. It's a performance that will never ma ...

What will you be looking for back. Good to see you, Ed. There's many reports tonight, and when I think of Qualcomm very briefly, what I would say is being hung up in that mobile market.This is not the biggest growth market for A. I. right now.You can see that evidence many places, whether it's Apple, Qualcomm, pick anywhere really in the mobile stack. For me, Qualcomm is more of an automotive story. I would look more closely at Qualcomm toward the second half of this decade.So your 20, 28 or 20, 29 or 2030, ...

Is it vindicated this couple expenditure increase. Look, the capital and expenditure is bigger than what we've seen from it for many years, and that's an historical but historically high proportions. Now, as investors, we patient right now, I don't know how long our patients will last if we don't hear the real monetization and product ization story from better going forward.Let's talk about the prioritization. Interestingly, Mark Zuckerberg has put out a post, both video and text today trying to say why per ...

This is a theme. This is about really tying in the key man in building this business for the longer term. Yeah, that's absolutely right. And that's what they've done.Just last month, they inked a new compensation deal for him, and that's going to give him up to 29 million shares. As you mentioned, it's split into a performance target where he has to get the share price up to between 60 and $130. If that kicks in.He's got ten years to do it. And then there is a time vesting portion of that deal as well. All ...

What's phenomenal is the valuations, but also the change in valuation. Absolutely, yeah. The company was valued at 60 billion just a few months ago, so this is a really a tremendous leap for anthropic.Kate, you got some interesting details in the reporting about some of the financials, r, r, r in particular. What have we learned. So the companies at about $5 billion in recurring revenue and it's projecting to reach 9 billion by the end of the year.You also managed to name some of the big name investors. The ...

NIQASH, I'll start with you, if I may. How much was this deal. And I want to focus on the technology landscape here.How much was this deal. A direct response to the ways Google deal and generally the domains the Hyperscalers are focused on right now when it comes to security. Well, I think these are very different transactions that look from our perspective.If you look at the last year or two years, what has gone on, what has gone on is that we're seeing this huge conversation about AI now, most lately and ...