Tesla has been one of tech’s underperformers on Wall Street this year but that’s no reflection of its business. The automaker reported revenue that doubled in the second quarter, compared with a year earlier, to $11.958 billion. By keeping a lid on expenses, Tesla managed to sharply lift its operating margin and net income, which hit $1.1 billion, up from $104 million a year earlier. That...
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Fear and Longing in the AI Wars
Hi, welcome to your Weekend! This is Abe filling in for Jon, who returns as Weekender-in-Chief next Saturday.If the cars, brain implants and spaceships don’t pan out, Elon Musk has a promising future as a fear-monger. His was the leading name attached to a widely discussed open letter published this week that urged a halt in artificial intelligence research, warning that AI poses “profound...
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