Elon Musk Signals Intel 14A Chips for Tesla’s Terafab AI Semiconductor Venture 
SK Hynix to Invest $13 Billion in AI Chip Packaging Facility 
Judge Dismisses Elon Musk’s Fraud Claims Against OpenAI, Trial to Proceed on Remaining Allegations 
U.S. Sanctions Target Chinese Refinery Over Iranian Oil Purchases 
Gold Prices Edge Higher on Weak Dollar but Face Weekly Loss Amid Oil-Driven Inflation Fears 
Asian Stocks Surge to Record Highs as Wall Street Rally Offsets Oil Price Concerns 
Nvidia Pushes 800V Data Center Power Systems to Boost Efficiency and Cut Costs 
Daiichi Sankyo Stock Drops After Earnings Delay and Oncology Review 
Florida Investigates OpenAI and ChatGPT Over Alleged Role in FSU Shooting 
Dollar Gains as Middle East Tensions and Rising Oil Prices Support Safe-Haven Demand 
Iran’s AI memes are reaching people who don’t follow the news – and winning the propaganda war 
European Car Sales Surge in March as EV and Hybrid Demand Accelerates 
NVIDIA Acquisition Rumors Dismissed by Morgan Stanley as Strategically Flawed 
Gold Prices Rise Slightly but Head for Weekly Loss Amid Oil Surge and Inflation Fears 
Apple Stock Dips as Tim Cook Steps Down, John Ternus Named Next CEO 
Japan Inflation Rises in March Amid Energy Price Surge and Middle East Tensions 
$16B Michigan Data Center Project Boosts U.S. AI Infrastructure Expansion 
Elon Musk stated during last week’s first-quarter earnings call for Tesla that its Optimus humanoid robot that is being developed is set to become the company’s most valuable business.
Tesla’s chief predicted that the Optimus project would be a crucial part of the business. He said that the humanoid robot’s importance would become apparent in the coming years. As per CNBC, the 50-year-old billionaire also shared that the first models of the bipedal robot are set to arrive in 2023 without saying the exact date.
Then again, experts are said to be dubious of this timetable since developing such a machine usually takes a while. Also, it was pointed out that Musk is known for his excessively optimistic predictions; thus, there is doubt about the given date.
In fact, when Musk said in 2016 that Tesla will deliver the self-driving electric vehicles by 2017, it did not happen as planned and has been behind schedule for years. Most recently, Tesla has stopped working on its autonomous EV that, in 2020, Musk said they would release by 2023.
At any rate, the billionaire said that the aim of creating the Optimus robot was to help drive labor costs down. He explained during Tesla’s AI Day last summer that the machine is meant to perform repetitive tasks.
“It’s intended to be friendly, of course, and navigate through a world of humans, and eliminate dangerous, repetitive and boring tasks,” CNBC quoted the Tesla and SpaceX CEO as saying at the time.“It should be able to, you know, please go to the store and get me the following groceries, that kind of thing.”
Furthermore, he said that he imagined a future where the robot could do various errands for its owners. He also assured that these robots would not pose a threat to humans. Musk said that the Optimus is being designed so humans can overpower or outrun it in case something goes wrong.
“As you see Optimus develop, everyone’s going to make sure it’s safe,” he said and added, “No Terminator stuff or that kind of thing.”
Meanwhile, Yahoo Finance reported that Tesla first unveiled the Optimus robot (a.k.a. Tesla Bot) in August 2021. It stands 5 feet and 8 inches and weighs 125 pounds. It is built to do repetitive or mundane tasks, so it can also help with the tight labor market.
