Power is currently "one of the major bottlenecks" for the AI buildout, says @JensenHuang. He expects that to continue for the next couple of years.

Building AI takes a lot of chips, power, and data center space, and Anthropic has locked in years of it ahead of its IPO. The big question for investors is whether revenue can grow fast enough to cover the bill. Read more about the leak: yhoo.it/4dQLXso

Elon Musk is still all in on Optimus, but he was upfront on the $TSLA earnings call that scale won’t come quickly.

Tesla said it has started producing the humanoid robot at its Fremont, California factory, but Musk said the ramp will be bumpy because there are “10,000 things that have to go right.” Tesla also cut its full-year capex forecast to $20 billion from $25 billion. The spending is going to Optimus production lines, AI compute, Cybercab and a chip plant it’s building with SpaceX. Read more: yhoo.it/4zJI4Or

Elon Musk on Tesla Roadster during the $TSLA earnings call "it was arguably the coolest demo for any product demo ever." Do you agree?

"We may be ready to release an Optimus video in a month or so" — Elon Musk on #TSLA earnings call.

$TSLA CEO Elon Musk says the company has a good shot at producing roughly 5 million vehicles annually by 2030, while energy demand is already strong and Megapacks are nearly sold out for 2027.

Mark Zuckerberg says shopping is the most common use for Muse on $META's earnings call. The average purchase size is over $200. 🛍️

Tesla's Q3 earnings figures showed that the EV maker currently has 1.74 millon subscribers to its full self-driving package. 🤯 At $99 per month, the subscription provides driver-assistance that handles steering, braking, lane changes, and city navigation. Read more: yhoo.it/4zH2YgZ

$META is splitting its stock, but the new shares don’t get a vote. Instead of a traditional split, Meta is giving every shareholder one nonvoting Class C share for each share they own, which effectively doubles the share count. Trading is expected to start in late January 2027. The structure lets Meta raise money for its AI buildout while CEO Mark Zuckerberg keeps control of the company. The announcement came with record third quarter revenue of $64 billion. Meta stock rose more than 3% after the bell.

Meta beat on the top and bottom lines, and the stock is rising on the news. $META was up after the company reported third quarter revenue of $64.6 billion versus the $63.3 billion expected. Earnings per share came in at $3.83 versus $3.57. Fourth quarter revenue guidance of $73 billion to $76 billion has a midpoint above the $73.57 billion Wall Street was looking for.