Palantir CTO Shyam Sankar said that China has developed a new vanguard of artificial intelligence models through unauthorized use of work produced by Silicon Valley AI developers, posing an economic threat to the US. He spoke with Tyler Kendall on the sidelines of a defense innovation conference in Pennsylvania https://bloom.bg/4f3MV5B

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Nvidia CEO Jensen Huang says artificial intelligence is transforming the semiconductor industry as computers increasingly serve AI agents and robots, driving demand for a much larger global chip supply chain and deepening the company’s partnership with South Korea’s SK Group. He also says China will remain a leading AI innovator despite different constraints, while arguing that open AI models are essential for innovation, security and giving businesses greater control over their own systems.
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Elon Musk’s SpaceX is turning away satellite operators that want a ride to space on its Falcon 9 rocket, instead focusing on its unproven Starship vehicle. Bloomberg’s Sana Pashankar reports.
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Tesla missed Wall Street’s profit estimates even after a strong quarter of auto sales, a setback for the EV maker as it looks to build out new lines of business in robotics, autonomy and AI. Ed Ludlow has more.
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Lucid Motors is working with restructuring advisers to turn around its struggling business, while dismissing rumors that it’s considering bankruptcy as “completely false.” Consultant AlixPartners has been engaged to examine all aspects of Lucid’s operations. The carmaker is aiming to optimize its business, cut costs and ensure that the rollout of a new mid-size vehicle is successful

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