Nvidia Confirms Major OpenAI Investment Amid AI Funding Race 
SpaceX Updates Starlink Privacy Policy to Allow AI Training as xAI Merger Talks and IPO Loom 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
Jensen Huang Urges Taiwan Suppliers to Boost AI Chip Production Amid Surging Demand 
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
SoftBank and Intel Partner to Develop Next-Generation Memory Chips for AI Data Centers 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
On Wednesday, Elon Musk, CEO of the electric vehicle manufacturer Tesla, stated that the company intends to dispatch its Roadster electric sports car within the next year.
Tesla Roadster's Final Design to Be Unveiled This Year, Musk Announces on X
Musk wrote in a post on X, "Tonight, we significantly elevated the design objectives for the new Tesla Roadster." He added that the Roadster's production design will be finalized and unveiled by the conclusion of the current year.
Tesla had previously scheduled the 2020 debut of the Roadster, a battery-powered four-seater, which it had disclosed at the end of 2017.
To recall, in late 2017, Musk first unveiled a Roadster prototype of the second generation and predicted the vehicle's release three years later. Tesla increased the price of reservations to $250,000 during a period when the company was cash-strapped and struggling to increase Model 3 sedan production.
Elon Musk Teases SpaceX Thrusters for Tesla Roadster Amid Rival BYD's Supercar Launch
While reviving enthusiasm for the Roadster, the CEO of Tesla revisited several of his previous posts on the social media platform he currently controls. Musk alluded to offering a SpaceX rocket thruster option bundle in June 2018, writing that after selling his first company, he had to choose between purchasing a house and a McLaren. He chose to travel by car.
On Wednesday, Musk responded, "You will cherish the new Roadster more than your house."
As per Bloomberg (via Yahoo), Musk neglected to mention in his posts that Tesla's foremost rival in the electric vehicle industry had just introduced a high-performance model. This week began with the introduction of the Yangwang U9 by BYD Co., a supercar priced at 1.68 million yuan ($233,400) that competed with fuel-guzzlers from Ferrari NV and Lamborghini.
The U9, according to BYD, which sold more electric vehicles than Tesla in the fourth quarter of 2017, can reach 100 kilometers per hour (62 miles per hour) in 2.36 seconds. Musk wrote that Tesla will strive for a zero-to-60 mph time of less than one second.
Based on the chassis of the Lotus Elise, the first-generation Tesla Roadster ceased production in 2012 when the company introduced the Model S sedan. Musk launched his cherry red Roadster into orbit using a SpaceX rocket this month, six years ago.
Photo: TED/YouTube Screenshot
