Tech
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Rani Molla

Tesla’s head of Optimus robots leaves as the company stakes its future on Optimus robots

The head of engineering for Tesla’s Optimus AI humanoid robot program, Milan Kovac, is departing the company effective immediately, Bloomberg reports.

Tesla, of course, has had a very bad year, and the current public skirmish between CEO Elon Musk and Donald Trump could cause massive damage. The recent bright spots for the stock have been its impending robotaxi launch and its potential for producing legions of autonomous robots. Indeed, Musk has staked the fate of the company on those two technologies.

“The future of the company is fundamentally based on large-scale autonomous cars and large scale and large volume, vast numbers of autonomous humanoid robots,” Musk said on the company’s latest earnings call.

It’s probably not a good time for an abrupt leadership exit in those departments. Bloomberg reports that the head of Tesla’s Autopilot teams, Ashok Elluswamy, will take over responsibility for Optimus.

Tesla’s Leader of Optimus Humanoid Robot Program Leaves Company

Tesla’s Leader of Optimus Humanoid Robot Program Leaves Company

“The future of the company is fundamentally based on large-scale autonomous cars and large scale and large volume, vast numbers of autonomous humanoid robots,” Musk said on the company’s latest earnings call.

It’s probably not a good time for an abrupt leadership exit in those departments. Bloomberg reports that the head of Tesla’s Autopilot teams, Ashok Elluswamy, will take over responsibility for Optimus.

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Rani Molla
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Broadcom earnings, guidance top analysts’ expectations

The semiconductor company reported second-quarter earnings after the bell Wednesday.

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Is OpenAI on its way to becoming Lyft?

Once nearly synonymous with AI, it just got surpassed in valuation by Anthropic. Now it looks like it’s also going to get beaten to the IPO starting line.

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Meta jumps after unveiling subscription AI agents for business

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Rani Molla

Palo Alto Networks surges after it beats revenue and earnings estimates

Cybersecurity firm Palo Alto Networks jumped more than 10% in postmarket trading after reporting fiscal third-quarter results that beat analyst revenue and earnings expectations.

The company posted adjusted earnings per share of $0.85, versus the FactSet analyst consensus estimate of $0.79 on $3 billion in revenue. (Wall Street had expected $2.94 billion.)

The company also boosted its guidance for the full fiscal year. The company now expects non-GAAP EPS in the range of $3.77 to $3.79, compared to its previous projection of $3.65 to $3.70 (and analysts’ expectations of $3.68). It also forecast revenue of $11.415 billion to $11.425 billion, representing year-over-year growth of 24%, compared to previous growth expectations of 22% to 23%.

Through Tuesday’s close, the stock had risen more than 60% in the past month.

tech
Jon Keegan

Microsoft releases 7 new models, next-gen quantum chip at Build conference

Microsoft is making it clear it can stand on its own as a competitor in the AI arena.

Today at its annual Microsoft Build developer conference, the company made a flurry of announcements that move it further away from the shadow of its complicated relationship with partner OpenAI.

Among the products announced:

  • New Nvidia-powered Windows PCs: the Surface Laptop Ultra and Surface RTX Spark Dev Box.

  • Seven new homegrown AI models: MAI Image-2.5, MAI Image-2.5-Flash, MAIN Transcribe-1.5, MAI Thinking-1, MAI Voice-2, MAIN Voice-2-Flash, and MAI Code-1-Flash.

  • Majorana 2, the company’s next-gen quantum chip.

  • Microsoft Scout, an integrated always-on agent built on OpenClaw.

  • Project Solara, an AI gadget operating system.

Investors were unimpressed, however, as shares were down over 4% after the announcements.

PHASE 2: Noon - Microsoft Build 2026

PHASE 2: Noon - Microsoft Build 2026

  • New Nvidia-powered Windows PCs: the Surface Laptop Ultra and Surface RTX Spark Dev Box.

  • Seven new homegrown AI models: MAI Image-2.5, MAI Image-2.5-Flash, MAIN Transcribe-1.5, MAI Thinking-1, MAI Voice-2, MAIN Voice-2-Flash, and MAI Code-1-Flash.

  • Majorana 2, the company’s next-gen quantum chip.

  • Microsoft Scout, an integrated always-on agent built on OpenClaw.

  • Project Solara, an AI gadget operating system.

Investors were unimpressed, however, as shares were down over 4% after the announcements.

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