Tesla drops as Musk heads “exactly the opposite direction” from what investors want

But according to a report from The Wall Street Journal, the company’s tech is failing key tests in the real world, raising concerns about the viability and safety of Anduril’s systems within the military command.

Anduril’s Altius drones proved vulnerable to Russian jamming while deployed in Ukraine and have been pulled from the battlefield, per the report.

More than a dozen sea-based drone ships powered by Anduril’s Lattice command and control software recently shut down during a Navy test, creating a hazard for other vessels in the exercise.

And this summer, during a drone intercept test, Anduril’s counter-drone system crashed and caused a 22-acre fire at a California airport, the report found.

Anduril told the WSJ that the failures are just part of its rapid iterative development process:

“We recognize that our highly iterative model of technology development — moving fast, testing constantly, failing often, refining our work, and doing it all over again — can make the job of our critics easier. That is a risk we accept. We do fail… a lot.”

Partners Oracle, SoftBank, CoreWeave, Crusoe, and Blue Owl Capital are all taking on debt in the form of bonds, loans, and credit deals to meet their obligations with OpenAI for infrastructure and computing resources.

Having close ties with OpenAI has been an anchor for many publicly traded companies in recent weeks. The company’s cash burn and the rise of Gemini 3 have seemingly darkened its outlook and fostered guilt by association for many of its close partners and investors. Most notably, Oracle’s aggressive capital expenditure plans to support demand from OpenAI have sparked a sell-off in its stock while widening its credit default swap spreads.

A senior OpenAI executive told the FT: “That’s been kind of the strategy. How does [OpenAI] leverage other people’s balance sheets?”

Citing two people with direct knowledge of the matter, the FT reported that “Alibaba and ByteDance are among the tech groups training their latest large language models in data centers across south-east Asia.” Clusters of data centers have particularly boomed in Singapore and Malaysia, with many of the sites kitted out with Nvidia’s latest architecture.

One exception, per the FT, is DeepSeek, which continues to be trained domestically, having reportedly built up a stockpile of Nvidia chips before the US export ban came into effect.

Last week, Nvidia spiked on the news that the Trump administration was reportedly considering letting the tech giant sell its best Hopper chips — the generation of chips that preceded Blackwell — to China.

“The Tesla Robotaxi fleet in Austin should roughly double next month,” Musk wrote.

While that sounds impressive, there are reports that Austin has only 29 vehicles in service.

But last month, Musk said the Robotaxi goal was to have “probably 500 or more in the greater Austin area” by the end of the year.

Meanwhile, Google’s Waymo has more than 100 autonomous taxis running in Austin, and 1,000 more in the San Francisco Bay Area.