具身智能机器人发展史上的第一个图灵测试时刻，是属于小鹏的： 就像何小鹏本人回复"感谢认可"，"皮套演员"质疑本身就是对小鹏技术的肯定。只不过回应方式出乎意料得"残忍"：在直播中层层解剖，依次暴露出皮 肤、肌肉、骨架….. 测试结束后，我们第一时间和何小鹏聊了聊：为什么要用这么悲壮的方式自证、机器人自己知不知道遭受伤害、为什么一定要这么拟人、机器人和自动驾 驶怎么融合打通……. 谈机器人：采取这种方法自证，团队挺伤心的 问：为什么要用这种"悲壮"的方式自证？ 何小鹏：昨天晚上到现在是波澜起伏的24小时。我非常艰难地说服我们的机器人团队，他们本不同意这样做，因为他们觉得IRON就是他们孩子。 但我们想不仅仅让1%的行业用户，更是让99%的非行业用户都有更多的信心，有更多的认知，相信小鹏可以做出不一样的东西，相信中国的科技企业能 够做出不一样的东西。 即使切开了皮肤，切开了肌肉，IRON还是走的很优雅，我觉得这够了。 能够推动机器人更快速普及，我们就是胜利的。 问：在多远的未来，机器人能自己感知到今天对它的操作是一种伤害？ 何小鹏：直白说我不知道。如果机器人知道我们对它的操作，今天就不会让我们把它切开了。我觉得很多 ...

Key Points Serve Robotics expanded into Chicago. The company signed a strategic partnership with DoorDash, launching first in LA. However, a $100 million stock offering pushed shares lower. 10 stocks we like better than Serve Robotics › Shares of Serve Robotics (NASDAQ: SERV) were moving higher last month after the maker of restaurant-delivery robots passed a milestone, deployed its 1,000th delivery robot, launched its robots in Chicago, and announced a multiyear partnership with DoorDash. Accor ...

Core Viewpoint - Tesla shareholders have approved CEO Elon Musk's pay package, which received 75% support among voting shares, indicating strong backing for Musk's vision for the company's future [1] Group 1: Compensation and Future Vision - The vote on Musk's compensation was framed as a vote for Tesla's future roadmap, emphasizing a vision that includes physical AI, 1 million robots, and 1 million robo-taxis [2] - Musk's compensation is milestone-based, meaning he will only receive payment if Tesla meets specific performance targets [3][4] - The approval of the compensation package reflects confidence in Tesla's ability to deliver on its ambitious goals [6] Group 2: Leadership and Key Person Risk - There is a recognition of key person risk associated with Musk's leadership, but the company is expected to find a successor in the early stages of its transition towards an AI-driven future [9][10] - The discussion highlights the importance of design leadership in Tesla's success and the potential for transformative leadership in the company [10] Group 3: Investment in AI - Tesla's potential investment in X AI was discussed, with a majority of shareholders supporting the idea, indicating a strategic move towards integrating AI into the company's operations [11] - The excitement around physical AI and humanoid robots suggests a strong belief in the future potential of these technologies for Tesla [13]

XPeng (NYSE:XPEV) 2025 Investor Day November 05, 2025 02:00 AM ET Speaker0Welcome to XPON live stream. Today's weather is very good. And also, we have a very important event in XPON, which is XPON AI Day, the seventh AI Day of our company. Every year, XPeng will announce very big news regarding technologies. Later at three p.M, Xiaopeng himself will announce the latest technologies and surprises from our company. Now we are at a very good weather condition and a very familiar venue here located our XPeng Gu ...

Financial Data and Key Metrics Changes - Revenue for the third quarter reached $39.5 million, marking a record and representing a 41% year-over-year growth and a 13% sequential increase [4][12] - Gross margin remained strong at 42%, an increase of four percentage points compared to the same quarter last year [12][13] - The company ended the quarter with $247 million in cash and equivalents, with no debt [4][15] Business Line Data and Key Metrics Changes - The smart infrastructure vertical was the largest contributor to revenue, followed by robotics and industrial verticals, which contributed roughly equally [12] - Over 7,200 sensors were shipped during the quarter, setting an all-time high [12] Market Data and Key Metrics Changes - The company expanded its distribution network and signed seven new exclusive partnerships to enhance its Blue City solution across various states [9][10] - The Blue City solution is positioned to cover a significant fraction of the 300,000 signalized intersections in North America, representing a large total addressable market [44] Company Strategy and Development Direction - The company is focused on three strategic priorities: scaling the software-attached business, transforming the product portfolio, and executing towards profitability [8] - Investments in AI perception and next-generation products are expected to double the addressable market and enhance performance, security, and reliability [11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the growth trajectory, citing that less than 10% of customers have reached full-scale production, indicating significant future growth potential [24][70] - The company anticipates revenue guidance for the fourth quarter to be between $39.5 million and $42.5 million [16] Other Important Information - The company has maintained a strong balance sheet, which is crucial for long-term customer relationships and support [15] - The company is the first DOD Blue UAS certified company, enhancing its competitive position in the defense market [34] Q&A Session Summary Question: Can you talk about the testing process with the REV8 and Kronos offerings? - The company remains committed to investments in the digital LiDAR portfolio and is focused on getting these products out as soon as possible [19][20] Question: Can you discuss the cadence of design cycles and adoption rates? - The company has over 1,000 end customers, with a small minority in full-scale production, indicating immense opportunity for growth [24] Question: Do you expect to pursue the self-driving vehicle vertical more aggressively? - The company has strong partners in the self-driving vehicle space and is interested in direct OEM integration, but has tempered expectations due to long timelines [30][31] Question: What are the recent updates related to Blue UAS certification? - The company is the first DOD Blue UAS certified company, which is beneficial for its business and enhances its competitive position [34] Question: What steps are being taken to mitigate potential supply chain constraints? - The company is focused on capacity investments to meet customer demands and has seen significant growth in shipments [36][38] Question: How do you see the humanoid robotics market impacting your business? - The humanoid robotics market is still in the prototyping phase, and while it presents future opportunities, significant impacts are not expected in the near term [42][43] Question: Can you categorize the attach rate for your traffic business? - The Blue City solution has a 100% attach rate for both LiDAR and software components, indicating strong growth in this market [46][47]

Core Insights - Ouster, Inc. reported strong financial results for Q3 2025, achieving record shipments of over 7,200 sensors and marking the eleventh consecutive quarter of revenue growth [1][2]. Revenue Performance - The company generated quarterly revenue of $39.5 million, reflecting a 41% increase year over year and a 13% increase sequentially. This growth was primarily driven by demand from smart infrastructure, robotics, and industrial sectors [3][11]. - Significant use cases for the sensors include yard logistics, retail analytics, warehouse automation, last mile delivery, and mapping [3]. Gross Margin Analysis - Ouster's GAAP gross margin was reported at 42%, an increase of 400 basis points year over year but a decrease of 300 basis points sequentially. Non-GAAP gross margin improved to 47%, up 300 basis points year over year and down 400 basis points sequentially [4][19]. Financial Outlook - For Q4 2025, Ouster anticipates revenue between $39.5 million and $42.5 million [5]. Cash Position - As of September 30, 2025, Ouster had cash, cash equivalents, restricted cash, and short-term investments totaling $247 million [11]. Loss and Expenses - The net loss for the quarter was $22 million, which is an improvement of $4 million year over year and a decrease of $1 million sequentially. The adjusted EBITDA loss was $10 million, remaining flat year over year but declining by $4 million sequentially [11][19].

Summary of MP Materials FY Conference Call Company Overview - **Company**: MP Materials (NYSE: MP) - **Industry**: Rare Earth Materials - **Market Cap**: Approximately $16 billion with an enterprise value of about $14-15 billion [22][23] Core Points and Arguments - **Unique Position**: MP Materials is the only fully integrated producer of rare earth products globally, with scaled mining and refining capabilities at the Mountain Pass facility in California [25][26] - **Transformation Strategy**: The company is undergoing a three-stage transformation to refine rare earth materials and supply permanent magnets for various industries, including automotive and national security [22][23][25] - **Partnership with Department of Defense**: A transformational public-private partnership with the U.S. Department of Defense (DoD) has been established, providing a price floor for materials produced, which enhances economic viability and security of supply [28][29][33] - **Magnet Manufacturing Capacity**: The Independence facility's initial capacity of 1,000 metric tons is being expanded to 10,000 metric tons, with significant backing from both the DoD and Apple [34][35] - **Financial Projections**: The company anticipates a minimum of $650 million in run-rate EBITDA, with a guaranteed $140 million of EBITDA from the new facility [37][35] Industry Dynamics - **Market Demand**: The current magnet manufacturing market is approximately 250,000 tons, projected to grow to nearly 900,000 tons by 2040, driven by demand from automotive, robotics, and data centers [42][43] - **China's Dominance**: China holds a significant share of the rare earth market, with 60% of reserves, over 70% of mining, and 90% of refining and magnet manufacturing [44] - **U.S. Supply Chain Needs**: There is a strong focus on securing a reliable supply chain for rare earth magnets in the U.S., as most current supplies are sourced from China [44][53] Additional Important Insights - **Recycling Initiatives**: MP Materials is developing a scaled recycling capability to reclaim materials lost during magnet production, which is critical for economic and supply security [38][39][40] - **Technical Collaboration with Apple**: The partnership with Apple includes technical collaboration to enhance magnet technology and expand recycling capabilities [41][39] - **Operational Risks**: The company is focused on executing its plans effectively, particularly in ramping up production at the Independence facility, which integrates multiple production steps under one roof [57][58] Conclusion MP Materials is strategically positioned to lead the rare earth materials industry in North America, with significant investments and partnerships aimed at securing supply chains and expanding production capabilities. The company's focus on recycling and collaboration with major industry players like the DoD and Apple further enhances its growth potential in a market dominated by Chinese suppliers.

Core Insights - The deployment of the first intelligent humanoid robot, named Hoxo, in the nuclear sector represents a significant technological advancement for the industry [2][3] - This initiative aims to enhance industrial performance and safety by integrating robotics with human operations in challenging environments [4][5] Company Overview - Orano is a leading international operator in nuclear materials, focusing on innovative solutions to address global energy and health challenges, with a workforce of 18,000 employees [7] - Capgemini is an AI-powered global business and technology transformation partner, with nearly 60 years of experience and a workforce of 420,000 across more than 50 countries, reporting global revenues of €22.1 billion in 2024 [8] Technological Innovation - Hoxo is equipped with advanced AI and sensors for real-time perception, autonomous navigation, and interaction, designed to replicate human movements and assist teams in nuclear facilities [3][4] - The project combines robotics, AI, computer vision, and digital twins, redefining human-machine interaction in sensitive environments and pushing the boundaries of industrial automation [6]

Financial Data and Key Metrics Changes - Novanta reported record revenue of $248 million for Q3 2025, surpassing guidance, with a reported revenue growth of +1% and organic revenue declines of 4% [5][6] - Adjusted gross margins were 46.5%, up 30 basis points year over year, and adjusted EBITDA margins were above 23% [5][17] - Non-GAAP adjusted earnings per share was $0.87, up 2% year over year and up 14% sequentially [18] Business Line Data and Key Metrics Changes - Medical markets accounted for 53% of year-to-date revenue, intelligent subsystems contributed nearly 30%, and medical consumables represented about 15% of sales, with the latter growing at a high teens rate [8][10] - Advanced surgery business revenue grew 17% year over year, while precision medicine business sales declined 4% year over year but grew sequentially by 3% [24][25] - Robotics and automation applications saw revenue growth driven by demand for products supporting physical AI applications [12] Market Data and Key Metrics Changes - Customer bookings grew 17% year over year and 4% sequentially, indicating a stronger backlog and positive outlook [20] - Sales to China increased by 11% sequentially, with strong design win activity and new product revenue growth [25][26] - The advanced industrial markets showed continued improvement, with normalized order patterns leading to sequential growth in precision manufacturing [13] Company Strategy and Development Direction - Novanta's long-term growth strategy focuses on markets with secular tailwinds such as AI-driven robotics, advanced minimally invasive surgery, and precision medicine [6][9] - The company is investing in regionalized manufacturing and a new ERP system to build a strong foundation for growth and resilience [10] - Novanta aims to deliver sustainable mid-to-high single-digit organic revenue growth with less cyclicality [9] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in returning to positive organic growth and double-digit profit growth in Q4 2025, with expectations for mid-single-digit organic growth for the full year of 2026 [6][31] - The company noted strong momentum in growth platforms, design wins, and new product launches, positioning it well for future performance [15][31] - Management highlighted the importance of customer partnerships and proprietary technology solutions in driving growth [8][10] Other Important Information - Novanta's adjusted gross profit for Q3 2025 was $115 million, with R&D expenses at $24 million and SG&A expenses at $44 million [17] - The company ended Q3 with gross debt of $457 million and a net leverage ratio of approximately 1.7 times [19] - An additional $200 million share buyback program was authorized by the board of directors [19] Q&A Session Summary Question: Update on robotics retail customer contracts - Management confirmed ongoing excitement about a major design win with a large e-commerce player, with deployment expected to start in 2026 [32][33] Question: Potential for revenue and scaling in humanoid robotics - The combined physical AI market opportunity is estimated at $1 billion by 2030, with current deployments still in early stages [34] Question: Progress on regional manufacturing footprint - Management indicated that the transition to regional manufacturing is expected to be completed by the end of Q1 2026, with potential for 100 basis points of margin expansion [36][37] Question: Growth expectations for 2026 across business units - Advanced surgery and robotics are expected to be the higher growth categories, while precision manufacturing is anticipated to return to growth [38][40] Question: Update on tariff-related revenue dynamics - Management noted that solid growth in China and strong design win activity are contributing to the recovery of revenue previously impacted by tariffs [44][45] Question: Outlook for DNA sequencing and EUV business - The DNA sequencing business is not expected to grow, while the EUV business is anticipated to gain momentum in 2026 [46][47] Question: Recognition of the $50 million warehouse automation opportunity - Management confirmed that bookings and revenue from the warehouse automation opportunity are expected to materialize in 2026 [49][50]

New York, Nov. 03, 2025 (GLOBE NEWSWIRE) -- Marine Thinking Inc. (“Marine Thinking”), a physical AI technology company transforming the marine industry with autonomous ship and fleet solutions, and Eureka Acquisition Corp. (NASDAQ: EURK) (“Eureka”), a publicly traded special purpose acquisition company (“SPAC”), today announced a definitive business combination agreement (the “Business Combination Agreement”) that will result in Marine Thinking becoming a publicly traded company. Upon completion of the bus ...