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Top stories today:
- Humanoid robots to be used internally by Tesla by 2025, says Elon
- Grok 3 release date aimed at Dec., āshould be most powerful AIā
- Cohere AI raises $500M at $5.5B valuation
- Global gaming startup funding -1% to $579M in Q2
- Harris odds rises from 30% to 32% as she gets delegate support
0. Data and calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).
All times are ET.
1. Humanoid robots to be used internally by Tesla by 2025, says Elon
Optimistic predictions have been a hallmark of Elon, so delays could happen here.
Figure AI, likely the #2 in this business, is already testing its humanoid robots with BMW and other clients. (disclosure: we are indirect investors).
Tesla stock +5% to $788B market cap.
2. Grok 3 release date aimed at Dec., āshould be most powerful AI in the world at that pointā
Grok 2 under fine-tuning now, as it has just finished training with 15K H100 GPUs.
Aug. release date.
On par with GPT-4.
Grok 3 is under training in their Memphis data center.
3-4 months still needed for training, then some time for fine-tuning.
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4. Cohere AI raises $500M at $5.5B valuation
Now the #7 most valuable generative AI startup:
