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Jon Keegan

FCC bans new Chinese drones and components from DJI and Autel Robotics

Yesterday, the Federal Communications Commission banned new drones and critical components from the market-leading Chinese drone manufacturer DJI and smaller firm Autel Robotics, calling the foreign-made drones “an unacceptable national security risk.”

The ban covers all drones and related components from any foreign manufacturer. DJI dominates the worldwide (nonmilitary) drone market, with a market share greater than 90%, according to some estimates.

In addition to hobbyists, the quadcopter-style drones made by DJI are used heavily in a wide variety of industries, including agriculture, infrastructure inspection, real estate, and also by first responders. Blocking foreign drones leaves many critical fields without a viable US-made alternative, as the industry has struggled to develop new supply chains that don’t come from China and match the quality of DJI’s hardware and software.

Shares of Florida-based drone builder Unusual Machines are up over 8% in early trading. Donald Trump Jr. is an investor and adviser to the company.

DJI has said its drones do not present a security risk and that it welcomes a national security review, noting that its drones can be used without an internet connection and all data is saved locally.

FCC Chair Brendan Carr said:

“I welcome this Executive Branch national security determination, and I am pleased that the FCC has now added foreign drones and related components, which pose an unacceptable national security risk, to the FCC’s Covered List. Following President Trump’s leadership, the FCC will work closely with U.S. drone makers to unleash American drone dominance.”

The ban covers all drones and related components from any foreign manufacturer. DJI dominates the worldwide (nonmilitary) drone market, with a market share greater than 90%, according to some estimates.

In addition to hobbyists, the quadcopter-style drones made by DJI are used heavily in a wide variety of industries, including agriculture, infrastructure inspection, real estate, and also by first responders. Blocking foreign drones leaves many critical fields without a viable US-made alternative, as the industry has struggled to develop new supply chains that don’t come from China and match the quality of DJI’s hardware and software.

Shares of Florida-based drone builder Unusual Machines are up over 8% in early trading. Donald Trump Jr. is an investor and adviser to the company.

DJI has said its drones do not present a security risk and that it welcomes a national security review, noting that its drones can be used without an internet connection and all data is saved locally.

FCC Chair Brendan Carr said:

“I welcome this Executive Branch national security determination, and I am pleased that the FCC has now added foreign drones and related components, which pose an unacceptable national security risk, to the FCC’s Covered List. Following President Trump’s leadership, the FCC will work closely with U.S. drone makers to unleash American drone dominance.”

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Jensen Huang: We have achieved AGI now... sort of

Lots of AI leaders are thinking about a big moment looming over the current AI boom: when will we have achieved artificial general intelligence?

There’s no shortage of predictions, but we haven’t yet seen a full-throated declaration that this slippery milestone has been achieved.

Until now. On Lex Friedman’s podcast Monday, Nvidia CEO Jensen Huang was asked what he thought the timeline looked like for “an AI system that’s able to essentially do your job. So, run — no, start, grow, and run a successful technology company.”

Huang confidently answered: “I think it’s now. I think we’ve achieved AGI.”

Huang then hedged, noting that Friedman was talking about running a $1 billion dollar company, but he didn’t specify for how long. Huang elaborated, “It is not out of the question that a Claude was able to create a web service, some interesting little app that all of a sudden, you know, a few billion people used for $0.50, and then it went out of business again shortly after.”

So maybe it will be a while before Jensen Huang can get help running Nvidia by eating his own dog food.

Huang confidently answered: “I think it’s now. I think we’ve achieved AGI.”

Huang then hedged, noting that Friedman was talking about running a $1 billion dollar company, but he didn’t specify for how long. Huang elaborated, “It is not out of the question that a Claude was able to create a web service, some interesting little app that all of a sudden, you know, a few billion people used for $0.50, and then it went out of business again shortly after.”

So maybe it will be a while before Jensen Huang can get help running Nvidia by eating his own dog food.

17.5%

OpenAI is trying to woo private equity investors with a sweet offer: a guaranteed minimum return of 17.5% on their investments, which is “significantly higher than typical preferred instruments, as well as early access to new models, according to a report from Reuters.

The deal aims to build joint ventures to raise capital amid OpenAI’s intense competition for a bigger slice of the enterprise AI market. The minimum return offer is something that its competitor Anthropic is not currently offering, per Reuters.

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Alphabet’s drone delivery startup, Wing, expands service to the Bay Area

Move over Waymo — another one of Alphabet’s “Other Bets” is expanding. Drone delivery company Wing said Monday it’s bringing its “ultra-fast residential drone delivery service” to the Bay Area, where autonomous ride-hailing service Waymo also has a sizable presence.

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