Bidding farewell to the steering wheel, Tesla’s Cybercab targets an August public debut in Austin.

Tesla has reportedly planned to launch its Cybercab, an autonomous taxi without a steering wheel or brake pedals, to the public in Austin as early as August. The rollout will proceed in two phases: first offering rides on public roads to employees, followed by integration into the public Robotaxi service a few days later. The company has equipped the vehicles with remote operators who can monitor and take control in emergencies. However, the regulatory approval status for the vehicle remains unclear.

wallstreetcn08:15

Open or Closed APIs? Anthropic and OpenAI’s Strategic Choices Raise Concerns Among Corporate Clients

Anthropic and OpenAI are accelerating their expansion into vertical industry applications, creating direct competition with their own API clients and placing enterprise customers in an increasingly awkward position. Design tool provider Canva is the latest company to face this dilemma, as its core functionalities are now in direct competition with Anthropic’s proprietary applications. On August 17, The Information reported that this "supplier-as-competitor" dynamic has prompted a growing number of developers reliant on cutting-edge models to reassess their technological strategies. Currently, the API business remains Anthropic’s and

wallstreetcn31minutes ago

Ultra-high-net-worth family offices are clustering their investments in SpaceX, with total holdings exceeding $3.8 billion.

Gelonghui, August 18 – According to Bloomberg, a review of 13F regulatory filings shows that in the first half of 2026, more than ten family offices held a combined stake in SpaceX worth at least $3.8 billion. As of the end of June, a family office controlled by Nick Pritzker, heir to the Hyatt Hotels fortune, held an $1.8 billion investment in the rocket, satellite, and artificial intelligence company founded by Elon Musk, just weeks after SpaceX’s initial public offering. The filings indicate that some of these institutions, including Tao Capital under the Pritzker umbrella, as well as

Gelonghui Finance55minutes ago

Xiao K Morning Brief | Unitree Technology to List on STAR Market on August 19; OpenAI Pledges Large-Scale Deployment of NVIDIA Computing Infrastructure

1. U.S. stocks in AI-related sectors, such as memory and optical communications, bucked the trend to rise; 2. Tesla is reportedly preparing to launch its CyberCab to the public in August; 3. Cambricon's 561,000 equity incentive shares will become tradable on August 20.

cls.cn08:07

Automotive Cybersecurity Market Worth $18.86 Billion by 2033 | MarketsandMarkets

PR Newswire06:59

US Stock Market Close | Escalating US-Iran tensions add uncertainty; three major indices post second consecutive daily decline. Optical communication stocks surge against the trend: AXTI jumps 17%, Marvell Technology rises over 5%. Crude oil and gold both

The S&P 500 fell 0.50%, the Dow Jones Industrial Average dropped 0.51%, and the Nasdaq Composite declined 0.31%, marking the second consecutive day of losses for the three major indices. Memory and optical communication chips surged against the trend, with SanDisk rising 8.88%, while tech giants such as Microsoft and Meta faced sell-offs. Rising oil prices pushed U.S. Treasury yields higher across the board, with the 30-year yield climbing 5 basis points to 5.31%, its highest level since 2007.

wallstreetcn06:29