Tesla’s (TSLA) record profits for the fourth quarter are sending shares toward record highs. The next catalyst to take the stock up could be the electric vehicle giant’s autonomous program, Oppenheimer analyst Colin Rusch told Yahoo Finance Live. “Valuation is pretty substantial for the company, and it’s really predicated in our view, around their ability to deliver on the autonomous program,” he said. “We think the EV program where they’ve done a tremendous job and are continuing to make… Source link
Read More »Google Unit DeepMind Tried—and Failed—to Win AI Autonomy From Parent
LONDON—Senior managers at Google artificial-intelligence unit DeepMind have been negotiating for years with the parent company for more autonomy, seeking an independent legal structure for the sensitive research they do. DeepMind told staff late last month that Google called off those talks, according to people familiar with the matter. The end of the long-running negotiations, which hasn’t previously been reported, is the latest example of how Google and other tech giants are trying to… Source link
Read More »Tesla, Google’s Waymo at Odds Over Full Vehicle Autonomy
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