China's Robot Makers Chase Tesla to Deliver Humanoid Workers

https://youtu.be/lUp5xKvGzDw?si=GVh3pdYnu2uwpVDS Not sure of the authencity of the video. But look at the scale of use of tech.

VC funding based on revenue multiples and profit (😂😂😂) multiples is soon going to be obsolete. Common sense says company's valuation should be summation of yearly profits it can generate till the company exists... So if reliance has profit of 8 billion $ , market estimates that it's valuation should be around 25x multiple of its profit that is to say that if reliance keeps on generating same amount of profit for year on year, it will not exist after 25 years. Now tell me, what shelf live does these VC funded startup have? I honestly don't see all these tom dick and Harry mobile based and web based startups existing by end of this decade thanks to AI revolution. People are still oblivion to what AI will do to white collar jobs Just out of curiosity, is there any single VC funded Indian startup in last 10-15 years which is immensely profitable ? Or for that matter any global giants like Amazon, Uber, Airbnb etc. which has turned profitable in Indian territory?

What's the edge they have over Chinese EV cars. Elon visiting India also seems to be a desperate move to show growth Given the latest layoff news and betting highly on robo taxies, feels like it's over for the quite arrogant leader and his company

xAI rival of open ai chatgpt and Google bard...Have hired ex-engineers of Google deepmind, open ai, Microsoft..What's your views?

In a race to AGI, Tech giants are prioritizing compute over hiring techies. Google also plans to spend 25 billion $ to build one zettaflops (1000 exaflops) of compute.... Tesla plans to have compute of around 100 exaflops by around October 2024... Same case with Microsoft. https://www.theverge.com/2024/1/18/24042354/mark-zuckerberg-meta-agi-reorg-interview

This would be a game changer for Indian automobile market🙂 https://www-moneycontrol-com.cdn.ampproject.org/c/s/www.moneycontrol.com/news/business/mc-exclusive-tesla-likely-to-import-completely-built-up-evs-from-german-facility-to-india-11697181.html/amp

- Japanese carmakers are alarmed by the swift progress of Chinese electric vehicles, risking becoming followers if they don't innovate faster, warns Sony-Honda's joint venture head. - Yasuhide Mizuno calls for a shift in Japan's conservative corporate culture to keep pace with Chinese rivals, who have quickly become leading vehicle exporters. - Mizuno highlights the need for Japanese carmakers to change their cautious approach to launching cars, or risk falling behind China. - Despite plans to phase out petrol cars by 2040, Honda has lagged in electrification, teaming up with Nissan to compete against China's high-tech, low-cost models. - The Sony-Honda joint venture aims to deliver its electric vehicle to North America by 2026, targeting 'wealthy geeks' with its premium car, Afeela. Source: Financial Times