Ananya Gairola

Gene Munster, managing partner at Deepwater Asset Management, declared Tesla as the most innovative company surpassing tech giants like Apple, Google, and Nvidia. Tesla's stock surged by 84%, attributed to renewed confidence in autonomy and future robotics. It is compared to other companies with market caps exceeding $2 trillion and Munster believes it has room to grow. The 'We, Robot' event showcased Tesla's autonomous driving capabilities with no safety incidents. Cathie Wood sees Tesla as the largest AI project on Earth. Gary Black raised the price target to $380, citing the potential launch of a $25,000-$30,000 hatchback model. In China, Tesla's sales are also notable. Tesla's stock performance is attributed to renewed confidence in autonomy and future robotics.

ByteDance, TikTok's parent company, has emerged as Nvidia's largest chip buyer in Asia, surpassing Alibaba and Baidu, as it aggressively invests in AI infrastructure and talent to dominate China's generative AI market amidst U.S. restrictions and a potential TikTok ban.

Tesla has launched an official Apple Watch app, enabling users to use their watch as a digital key for unlocking, locking, and controlling various vehicle functions, enhancing convenience and eliminating the need for third-party apps.

Apple is developing its own modem technology, aiming to replace Qualcomm components and enable slimmer iPhones, foldable devices, and cellular connectivity for Macs and headsets, potentially reshaping its product lineup by 2026.

Amazon has halted the development of its Inferentia AI chip to focus on its Trainium chip, aiming to enhance cost performance and challenge Nvidia's dominance in the AI chip market, with plans to release a more powerful Trainium3 chip in 2025.

Apple's ambitious smart home strategy, centered on a delayed display-equipped HomePod with advanced features, signals a major product repositioning akin to the Apple Watch's evolution, while Cupertino eyes further expansion with AI-driven devices and smart home integration by 2026.

Amazon has unveiled powerful AI chip clusters to enhance Anthropic's models, aiming to challenge Nvidia and OpenAI's dominance, while continuing to deepen its partnership with Anthropic through a $8 billion investment and providing new computing power to customers.

PlayStation co-CEOs Hermen Hulst and Hideaki Nishino discussed the future of AI in gaming, emphasizing that while AI will enhance innovation, human creativity will remain essential in game development.

Tesla advocate Pierre Ferragu sparked debate on large language models, describing them as both "digital gods" and "glorified imitators," reflecting ongoing discussions about their reasoning capabilities and future potential.

The top free iPhone apps in the U.S. highlight a mix of popular games, social media platforms like Threads and ChatGPT, and productivity tools, reflecting diverse user preferences.