It really is a damned if you do, damned if you don't.
Google had to join the field and come up with their own AI model, hoping to outlast competition. Was it really necessary though?
Apple fumbled the AI chase, then made a seemingly wise decision to onboard functionalities from external companies and they do not seem to be suffering too much.
It likely is a case hubris, everyone wants a slice of the AI bubble's money and once they put money in, they can only keep digging themselves deeper into the hole.
45 Cybercabs on the Road — Enough to Justify a $1.49 Trillion Autonomy Narrative?
Tesla rose 5.42%, then flat after hours: the session priced the launch, the after-hours the reality. Cybercab began carrying passengers in Austin with no wheel or pedals, invite-only, 45 cars; regulators opened a safety review. Waymo opened paid service in three cities the same day. Tesla is ~$1.49tn at ~350x, down 16% YTD, on 45 cars of proof. Bulls: demo-to-passengers is the threshold, owner-operators scale it without capex. Bears: 45 is nowhere near profitable, and a formal probe takes the timeline out of Tesla's hands. Tesla on miles driven, Waymo on paid cities, or wait on the regulator?
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