thestreet
Elon Musk Has Likely Downloaded His Brain into a Robot - TheStreet
Elon Musk is charismatic but also whimsical. Sometimes it's hard to know if Tesla's (TSLA) - Get Tesla Inc. Report chief executive officer is serious when he makes ostentatious claims and thunderous statements on Twitter, his favorite communication channel where he has more than 101.6 million followers as of time of writing. Is he provocative or simply ambitious when he announces that humans will be living and self-sufficient on Mars twenty to thirty years from now? "20 to 30 years from first human landing if launch rate growth is exponential," Musk said on July 15 to a question about the estimated timeframe for creating a self-sustaining civilization on Mars. "Assumes transferring 100k each rendezvous and 1M total people needed," the billionaire added. The history of outlandish claims by the richest man in the world has often shown that he really means what he says.
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Why Billions Keep Pouring Into Robotics and AI - TheStreet
Venture capital firms are eager to allocate money into robotics firms in a wide range of industries from shipping to healthcare as more automation became a focus during the global pandemic. In 2021, funding globally for robotics and drone companies rose to $14.9 billion, according to PitchBook. The amount of funding raised for robotics in 2022 has been steady. By January, VCs allocated $560 million of funding into robotics startups, excluding the round for Wandelbots, a German industrial robotics company that raised $84 million for its Series C round in January. The funding for the company's no-code platform came from U.S. investor Insight Partners, which led the round and was also supported by its existing backers - Microsoft (MSFT) - Get Microsoft Corporation Report, 83North, Next47, Paua, Atlantic Labs and EQT.
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The future of AI is collaborative
Jordan French is a multi-media journalist on the editorial staff at TheStreet.com He is also the Founder and Executive Editor at Grit Daily News. Formerly an engineer and attorney he represented the "People of the United States" in energy market manipulation cases as an enforcement attorney at the Federal Energy Regulatory Commission. As an engineer he worked on the Mars Gravity Biosatellite Program and later co-founded BeeHex, Inc., the personalized nutrition and robotics company that popularized 3D-printed pizza. The author of forthcoming book, The Gritty Entrepreneur, he is a frequent public speaker, technology evangelist and media moderator.
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Domino's Pizza CEO on Technology, Self-Driving Cars and Artificial Intelligence
Domino's Pizza (DPZ) is quite a technology company with 60% of its sales stemming from digital platforms. "The majority of the interaction for ordering now on the front end is through digital," said Domino's Pizza CEO Patrick Doyle. "We've got a back end that is about delivering great tasting pizza quickly and efficiently but the front-end interaction with people now is really no different than it is at Amazon (AMZN) or eBay (EBAY) or any other technology company." Meanwhile, Doyle is bullish on self-driving cars. The company recently announced a link-up with Ford (F) to test self-driving pizza delivery vehicles, a technology Doyle expects in action within 10 years.
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Sorry Elon Musk But Artificial Intelligence Grows Jobs: Domino's Pizza CEO
"We employ a lot more people today than we did 10 years ago when people were taking calls and orders on the phone," he said in an interview with TheStreet. "Technology ultimately drives efficiency, it drives a better experience for the customer. If you do that, the business grows and it ultimately grows employment." Domino's employs some 14,100 people, as of January 1, 2017. About 60% of Domino's sales comes from digital.
Fisker's luxury EV will debut in January at CES 2018
Legendary car designer Henrik Fisker has announced when we'll finally get to lay eyes on his electric luxury EMotion sedan in person. The car will debut in January at CES 2018. As Fisker told TheStreet, the team behind the vehicle will also introduce some of the tech behind the EMotion, like its battery pack and LIDAR technology for autonomous driving, though that's still in development. The battery can reportedly charge in just nine minutes and the car has a 400 mile range. Fisker Inc. started taking pre-orders for the EMotion in June, but the car isn't scheduled to ship until 2019.
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TheStreet, co-founded by Jim Cramer, could be delisted if its stock price stays too low
Investor news site TheStreet Inc. was warned that it could be delisted from the Nasdaq Global Market after its stock closed below $1 a share for 30 consecutive business days. The New York-based publication has until June to turn things around, it said in a filing this month with the Securities and Exchange Commission. If the price of TheStreet's stock closes at $1 per share or higher on at least 10 consecutive business days, the company will not be delisted. Even if the stock price does not improve, TheStreet can appeal before the delisting occurs. TheStreet declined to comment beyond what was in the SEC filing.
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