Robotaxis could be a near-fatal disease. Tesla has rallied on a fantasy that I think will never come true even if FSD eventually works but reality has once again decided to intervene as there is yet another delay further denting Tesla’s already battered credibility in robotaxis. In April 2024, Tesla promised that it would unveil its long-awaited robotaxi in August...
AMD emulates Nvidia but has more to do. AMD is building a vertically integrated AI toolkit based on its silicon but there are two elements still missing that will still prevent it from really taking the fight to Nvidia. AMD will acquire Silo AI, a Finnish AI body shop that creates AI on behalf of its clients for $665m in...
Its battery life first and AI second. It turns out that as good as the Copilot+ features are, they need a bit more refining before they are widely adopted meaning that the main draw of an AI PC is its battery life where Arm wins hands down over x86. The early reviews of s running the X Elite and X...
Higher shipments at negative gross margins are not good news. Lucid Motors has preannounced its shipments for Q2 24 where it managed an impressive jump in shipments despite the weakening market but, as ever, cash flow remains critical and here there is likely to be less good news. Lucid Motors produced 2,110 vehicles and delivered 2,394 vehicles to customers, way...
Samsung confirms the AI party is still on. Samsung has reported another set of excellent results confirming that the spending on AI is continuing apace and that it may be a few quarters before reality catches up with the hype. Q2 revenues and operating profit will be KRW73tn-KRW75tn / KRW10.3tn – KRW10.5tn in line with the revenue estimate of KRW74tn...
Baidu is now the biggest & cheapest AI ecosystem. While OpenAI is withdrawing from China, Baidu has already moved to fill the void as its users have jumped by 50% since April confirming that Baidu now has the largest user pool of any generative AI service in the world. At its Create 2024 developer conference (see here), Baidu announced that...
Being on the board will make no difference. Inviting Apple as an observer onto its board is a pitch to Apple to more deeply integrate OpenAI into its ecosystem but given how unstable OpenAI is, I expect that Apple will continue to decline its advances. In the run-up to WWDC, there was a lot of chatter about how Apple was...
A cheaper Vision Pro makes less sense than the original. In response to poor sales, it appears that Apple is working on a cheaper version of the Vision Pro which will make even more horrible compromises than the original meaning that volumes will again be low leading to another disappointment. Furthermore, this obviates the entire reason that the Vision Prio...
Looking good but polish needed. For a first generation, things are looking very good, but it is clear that when one gets into the weeds there are a few loose ends that will need tidying up to really put an end to x86 in computing. The Copilot+ PCs are in the hands of the reviewers and by and large, the...
Richard is founder, owner of research company, Radio Free Mobile. He has 16 years of experience working in sell side equity research. During his 11 year tenure at Nomura Securities, he focused on the equity coverage of the Global Technology sector.
OpenAI – Strawberries and Cream
Project Strawberry unlikely to get the cream. OpenAI has come up with a system to rank its progress towards artificial general intelligence (AGI) but apart from the first two, the levels are so vague that they will be of little use other than to help the company raise more money to spend on compute. This goes hand in hand with...