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Elon Musk jumps for joy (Jonathan Newton/Getty Images)
Yay?

You* can now** ride in Tesla’s robotaxi ***

Read the fine print before you get too excited.

Rani Molla

* If you are a select Tesla employee.
** If you’re in the Bay Area or Austin.
*** If someone is sitting in the driver’s seat.

Yesterday, Tesla announced on X that it’s testing a supervised version of its upcoming ride-hailing service among employees in the Bay Area and Austin, ahead of what’s supposed to be a rollout of unsupervised driverless robotaxis to the public in two months in Austin. The company said it has completed more than 1,500 trips and 15,000 miles of driving.

The electric vehicle company is using Supervised Full Self-Driving technology on these rides, which the company says on its website requires drivers to keep their hands on the wheel. It doesn’t appear that the person in the driver seat in this video is holding the wheel (or at least not at the 10 and 2 position), but of course that’s closer to the company’s promised goal for the service.

While the caveats are large, this is a big step toward the company’s push for autonomous ride-hailing and at least suggests it has a working robotaxi app.

Tesla CEO Elon Musk was mostly light on details about the June (or maybe July) launch during the company’s earnings call earlier this week, but said the program would start with 10 to 20 Model Ys and not Cybercabs, which are supposed to go into production next year. The rides would have remote support, but “it’s not going to be required for safe operation.” When pressed for more details, Musk said, “It’s only a couple of months away, so you can just see it for yourself in a couple of months in Austin.”

Rival Google-owned Waymo, of course, has been operating a driverless ride-hailing service in Austin along with partner Uber since early March.

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OpenAI files confidentially for IPO

Today OpenAI announced it has filed confidentially with the SEC to go public. The company said in a blog post that it filed the draft S-1 form.

OpenAI’s filing comes a week after arch-rival Anthropic — now valued at $965 billion — also filed a confidential S-1 for its own public offering. Both IPOs are expected to be among the largest in US history.

In a press release, OpenAI wrote:

“We expect it to leak so we’re just announcing it. We have not decided on timing yet; it may be a while because there are things we want to do that are likely easier as a private company. But it’s a complicated set of tradeoffs and this gives us the option to go public sooner if that ends up being best.”

In a press release, OpenAI wrote:

“We expect it to leak so we’re just announcing it. We have not decided on timing yet; it may be a while because there are things we want to do that are likely easier as a private company. But it’s a complicated set of tradeoffs and this gives us the option to go public sooner if that ends up being best.”

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The number of Tesla Robotaxis on the road has been going down

That’s the wrong direction for a business trying to scale its autonomous vehicles.

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Intel shares soar on report of Google chip deal, possible future Nvidia business

Shares of Intel soared in early trading on a report that Google and Nvidia are considering turning to the chipmaker as a backup supplier to TSMC, as surging demand continues to outpace supply.

The Information reports that Google has placed an order with Intel to manufacture more than 3 million of its increasingly popular tensor processing unit chips in 2028.

According to the report, Nvidia is currently testing to see if Intel could manufacture its next-gen Feynman chips.

Taiwan-based TSMC has enjoyed a huge lead in the market of manufacturing advanced chips for Apple, Nvidia, and others.

Intel has been struggling to fight its way back into the AI chip business, but has made headway with the help of the Trump administration, which sought to shore American chipmaking with a $8.9 billion investment of taxpayer money, and several high-profile deals.

The Information reports that Google has placed an order with Intel to manufacture more than 3 million of its increasingly popular tensor processing unit chips in 2028.

According to the report, Nvidia is currently testing to see if Intel could manufacture its next-gen Feynman chips.

Taiwan-based TSMC has enjoyed a huge lead in the market of manufacturing advanced chips for Apple, Nvidia, and others.

Intel has been struggling to fight its way back into the AI chip business, but has made headway with the help of the Trump administration, which sought to shore American chipmaking with a $8.9 billion investment of taxpayer money, and several high-profile deals.

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