Nebius has signed a $3.5 billion loan facility with Citi to build more data centres and buy GPUs. The Amsterdam-based AI cloud company announced the deal on Thursday. The secured facility runs for 364 days. Interest starts at the Term SOFR benchmark ra…
Tesla needs to build between 10,000 and 20,000 Optimus humanoid robots so they can learn to perform tasks through practice, Elon Musk said during the company’s third-quarter earnings call on 21 October. Tesla has only recently started production on a n…
Tesla’s profit fell 43% in the third quarter as it spent heavily on AI, robots and self-driving cars. Net income came in at $787 million, down from $1.37 billion a year earlier, according to Tesla’s third-quarter update, published on Wednesday. Revenue…
Thore Graepel, who helped build Google DeepMind’s AlphaGo, has launched Metis Reasoning in London. The company’s founding claim is that large language models cannot be trusted to reason. Its founders want to apply the lessons of AlphaGo to general reas…
Arda Industries, founded by OpenAI’s former research chief Bob McGrew, has come out of stealth with $232 million in funding, the company announced on Tuesday. Its AI software turns new product designs into working assembly lines. The total includes a $…
Robots and AI models together could take on about 80% of the work Americans do, Anthropic says. But robots are cheaper than people for just 0.3% of tasks today. The findings come from Anthropic’s new robotics study, which Business Insider picked up thi…
Faraday Future and FF EAI Robotics Ecosystem launched two humanoid robots on 15 October: the $2,490 FF Nova for developers and schools, and the $299 FF Nova Mini for children. Nova’s first 100 units are invitation-only. The launch follows FFR’s agreeme…
DeepSeek has agreed to lead the first funding round for Winverse AI, a start-up building AI for robots, Bloomberg reported, citing people familiar with the matter. The seed round is worth tens of millions of dollars and would value Winverse at about $4…
Every car will one day need an AI driving system, just as it needs seatbelts and emergency braking, Wayve chief executive Alex Kendall said. He spoke with Stellantis chief executive Antonio Filosa at Wave by Vento in Turin on Friday. Morgan Stanley’s A…
Odyssey has launched Odyssey-3, a world model that the Palo Alto AI lab says can control robot arms and humanoids, drive a car, fly drones and play video games. A research preview is available now, the company said on Thursday. World models learn from …