Latest news with #AIDay
Time of India
3 days ago
- Business
- Time of India
Elon Musk responds to reports on Tesla partnership with TikTok influencer Anna Malygon, ‘No idea who ...
Elon Musk has denied a post claiming Tesla collaborated with TikTok influencer Anna Malygon (5.5M followers) to promote the Optimus robot. An X user Ryan's Model Y @ryanjaycowan shared a post that said that the EV maker appears to be working with influencer Anna Malygon, alleging Optimus appeared in her multiple videos. The TikTok influencer has about 5.5 million followers on TikTok. 'Tesla appears to be working with influencer Anna Malygon (5.5M followers on TikTok). Optimus appearing in multiple videos and what appears to be a key card for the bot?,' the post reads. Tesla CEO and owner of X responded to the post, saying 'No idea who that is'. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Direct Shopping From Adidas Franchise to 50% off Adidas Buy Now Undo The original post also included images of Malygon posing with what appears to be Tesla's Optimus robot. But Musk's response suggests the collaboration may be fabricated or unauthorized, aligning with @OwenSparks_'s claim that the images are likely CGI. Commenting on the post, the user wrote 'It's not real, just good CGI. By next year AI videos will be indistinguishable from reality. People are already believing the kangaroo on a plane thing too'. Tesla Optimus faces scrutiny Tesla Optimus is a humanoid robot developed by Tesla, Inc., first announced by Elon Musk during the company's AI Day in 2021. Designed to handle tasks that are dangerous, repetitive, or boring for humans, Optimus is part of Tesla's broader vision to integrate artificial intelligence and robotics into everyday life. Elon Musk recently said that Optimus could be available for limited tasks in Tesla factories within the next year or two. Tesla's Optimus has faced scrutiny for autonomy claims, with a 2024 Cybernews report noting skepticism about its capabilities despite Tesla's recent video showing autonomous navigation, underscoring the broader debate on AI and robotics authenticity. Itel A95 5G Unboxing & First Look | AI Features and Sleek Design at just Rs 10,199 AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Yahoo
16-05-2025
- Business
- Yahoo
Why Upstart Holdings (UPST) Stock Crashed Yesterday
We recently compiled a list of the Traders Flee These 10 Stocks Today. In this article, we are going to take a look at where Upstart Holdings, Inc. (NASDAQ:UPST) stands against other stocks that crashed yesterday. Wall Street's main indices ended mixed on Thursday as investors continued to digest a series of first-quarter earnings and key economic data. Among the three indices, only the Nasdaq registered losses, down 0.18 percent. In contrast, the Dow Jones grew by 0.65 percent while the S&P 500 rose by 0.41 percent. Meanwhile, 10 companies registered hefty losses during the session, battered by a flurry of negative news, missed estimates, and a weak outlook for the rest of the year. In this article, let us explore the 10 companies that lag in performance and identify the reasons behind their decline. To come up with the list, we considered only the stocks with a $2 billion market capitalization and $5 million in trading volume. A close-up of a businesswoman using a laptop, being illuminated by the AI-enabled cloud interface sponsored by the company. Upstart Holdings dropped its share prices by 7.66 percent on Thursday to finish at $47.39 apiece amid the lack of fresh developments from its recently organized AI Day. Upstart Holdings, Inc. (NASDAQ:UPST) hosted its first-ever AI Day investor event in New York City, where investors hungry for fresh catalysts expected more concrete plans to buoy shares in the company. Last week, Upstart Holdings, Inc. (NASDAQ:UPST) earned lower price targets from two investment firms, Needham and Piper Sandler, at $70 and $69, respectively. Meanwhile, JP Morgan reaffirmed its Neutral rating and gave the stock a price target of $79. During the first quarter of the year, Upstart Holdings, Inc.'s (NASDAQ:UPST) narrowed its net loss by 96 percent to $2.4 million from $64.6 million in the same period last year. Revenues expanded by 67.7 percent to $213 million from $127 million year-on-year. Overall, UPST ranks 8th on our list of stocks that traders flee today. While we acknowledge the potential of UPST as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than UPST but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: and . Disclosure: None. This article is originally published at .
News18
15-05-2025
- Entertainment
- News18
Shopify CEO On Tesla's Dancing Robot: 'We've Reached A New Tech Era'
Last Updated: Tesla recently shared a dancing video of its Optimus humanoid robot, leaving the internet divided on its skills and abilities. Elon Musk has been creating a stir on social media with a clip of his Tesla Optimus humanoid robot and its neat dance moves. While the internet has been discussing the robot's future potential and the company's progress on the technology, it has also caught the attention of Shopify CEO Tobi Lutke. Resharing the video on his official X handle, Lutke wrote, 'We are here on this timeline's tech tree." The video, which left many wondering whether it was original or AI-created, featured the humanoid robot dancing to a musical tune and showing some neat moves. We are *here* on this timeline's tech tree — tobi lutke (@tobi) May 14, 2025 Social media users also couldn't help but share similar sentiments in the comment section. One wrote, 'Optimus already dances better than most humans, wow," while another added, 'Mind blown, I can't believe this is real. Tobi, last-mile delivery with Optimus and Robotaxi (e.g., Robovan) for Shopify customers. Talk to Elon about making use of such a service if Tesla offers it in the future!" 'This is incredible," a comment read. It is worth mentioning that Tesla announced its humanoid Optimus robot in 2021 during its annual AI Day. During the event, a human dressed as a humanoid robot came out and danced for the crowd. Fast-forward to now, a real robot finally has something to show off. A preview of Optimus was witnessed during AI Day in 2022, when the company shared a glimpse of a semi-functional prototype, which was capable of walking on stage and doing arm movements. Last year, a number of Tesla robots took part in the company's 'We, Robot" event, where they served drinks, interacted with the guests, and even danced in sync with their arms and torsos. Over the years, Tesla has made major progress on the project, with the latest dance video hinting at the next phase of the humanoids. Was just getting warmed up — Tesla Optimus (@Tesla_Optimus) May 14, 2025 As per Tesla's Q1 2025 statement, the company plans to produce more than 1,000 units of Optimus robots for internal use in 2025 and external sales by 2026, as per The Mirror. First Published: May 15, 2025, 13:30 IST
Yahoo
14-05-2025
- Business
- Yahoo
Upstart Showcases AI Breakthroughs and Business Momentum at Inaugural 'AI Day'
NEW YORK, May 14, 2025--(BUSINESS WIRE)--Upstart Holdings, Inc. (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, today hosted its first-ever AI Day investor event in New York City, where executives highlighted the company's proprietary AI, differentiated business model, and unique financial profile. "Upstart is building the foundation model for credit, and no one else is even trying," said Co-founder and CEO Dave Girouard. "From the scale of our AI infrastructure to our winning business model, we're on track to become the 'everything store for credit' in the 21st century." At the event, Girouard outlined the $1 trillion opportunity in credit and Upstart's leading role in delivering the AI that is changing how loans are underwritten, automated, and serviced. He also reiterated his four goals for 2025: 10X Upstart's advantage in AI; prepare Upstart's funding supply for rapid growth; return to GAAP profitability in the second half of the year; and giant leaps toward best rates and best process for all. Co-founder and Chief Technology Officer Paul Gu walked investors through the company's journey in developing a vertically integrated AI model trained on over 90 million datapoints. Gu emphasized how Upstart's use of advanced techniques—such as proprietary loss functions, embeddings, and dynamic macro modeling—delivers more accurate underwriting and faster approvals than traditional lenders. Chief Marketing Officer and Senior Vice President of Growth Chantal Rapport detailed how Upstart's winning business model—driven by industry-leading AI, marketplace capital, and brand advantage—is driving growth across the full credit spectrum. She positioned Upstart as a "category of one" business that is reshaping borrower expectations with speed and ease. Chief Financial Officer Sanjay Datta showed how Upstart's growth trajectory, pricing power, margins, operating leverage, and profits have created a unique financial profile that results in business model resilience. He also pointed to potential future revenue streams for Upstart, including ratable fee revenue, subscriptions, revolving credit, and servicing for all. The presentations, as well as a video replay of the event, are available on Upstart's Investor Relations website. About Upstart Upstart (NASDAQ: UPST) is the leading AI lending marketplace, connecting millions of consumers to more than 100 banks and credit unions that leverage Upstart's AI models and cloud applications to deliver superior credit products. With Upstart AI, lenders can approve more borrowers at lower rates while delivering the exceptional digital-first experience customers demand. More than 90% of loans are fully automated, with no human intervention by Upstart. Founded in 2012, Upstart's platform includes personal loans, automotive retail and refinance loans, home equity lines of credit, and small-dollar "relief" loans. Upstart is based in San Mateo, California. This press release and the AI Day webcast contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding our outlook for the second quarter of 2025 and the full-year of 2025. Forward-looking statements give our current expectations and projections relating to our financial condition; macroeconomic factors; plans; objectives; product development; growth opportunities; assumptions; risks; future performance; business; investments; and results of operations, including revenue (including revenue from fees and net interest income (loss)), contribution margin, net income (loss), non-GAAP adjusted net income (loss), Adjusted EBITDA, basic weighted-average share count and diluted weighted-average share count. Forward-looking statements are based on information available at the time those statements are made or management's good faith beliefs and assumptions as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in, or suggested by, the forward-looking statements. All forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those that we expected and should not be read as a guarantee of future performance or results. Neither we nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. We undertake no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law. More information about factors that could affect our results of operations and risks and uncertainties are provided in our public filings with the Securities and Exchange Commission (the "SEC"), including "Risk Factors" in our most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, copies of which may be obtained by visiting our investor relations website at or the SEC's website at Moreover, we operate in very competitive and rapidly changing environments, and new risks may emerge from time to time. It is not possible for us to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. Additional information will be available in other future reports that we file with the SEC from time to time, which could cause actual results to vary from expectations. View source version on Contacts Investors Sonya Banerjeeir@ Press Tom Brennanpress@ Sign in to access your portfolio
Business Wire
14-05-2025
- Business
- Business Wire
Upstart Showcases AI Breakthroughs and Business Momentum at Inaugural 'AI Day'
NEW YORK--(BUSINESS WIRE)--Upstart Holdings, Inc. (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, today hosted its first-ever AI Day investor event in New York City, where executives highlighted the company's proprietary AI, differentiated business model, and unique financial profile. "Upstart is building the foundation model for credit, and no one else is even trying,' said Co-founder and CEO Dave Girouard. 'From the scale of our AI infrastructure to our winning business model, we're on track to become the 'everything store for credit' in the 21st century." At the event, Girouard outlined the $1 trillion opportunity in credit and Upstart's leading role in delivering the AI that is changing how loans are underwritten, automated, and serviced. He also reiterated his four goals for 2025: 10X Upstart's advantage in AI; prepare Upstart's funding supply for rapid growth; return to GAAP profitability in the second half of the year; and giant leaps toward best rates and best process for all. Co-founder and Chief Technology Officer Paul Gu walked investors through the company's journey in developing a vertically integrated AI model trained on over 90 million datapoints. Gu emphasized how Upstart's use of advanced techniques—such as proprietary loss functions, embeddings, and dynamic macro modeling—delivers more accurate underwriting and faster approvals than traditional lenders. Chief Marketing Officer and Senior Vice President of Growth Chantal Rapport detailed how Upstart's winning business model—driven by industry-leading AI, marketplace capital, and brand advantage—is driving growth across the full credit spectrum. She positioned Upstart as a "category of one" business that is reshaping borrower expectations with speed and ease. Chief Financial Officer Sanjay Datta showed how Upstart's growth trajectory, pricing power, margins, operating leverage, and profits have created a unique financial profile that results in business model resilience. He also pointed to potential future revenue streams for Upstart, including ratable fee revenue, subscriptions, revolving credit, and servicing for all. The presentations, as well as a video replay of the event, are available on Upstart's Investor Relations website. About Upstart Upstart (NASDAQ: UPST) is the leading AI lending marketplace, connecting millions of consumers to more than 100 banks and credit unions that leverage Upstart's AI models and cloud applications to deliver superior credit products. With Upstart AI, lenders can approve more borrowers at lower rates while delivering the exceptional digital-first experience customers demand. More than 90% of loans are fully automated, with no human intervention by Upstart. Founded in 2012, Upstart's platform includes personal loans, automotive retail and refinance loans, home equity lines of credit, and small-dollar 'relief' loans. Upstart is based in San Mateo, California. This press release and the AI Day webcast contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding our outlook for the second quarter of 2025 and the full-year of 2025. Forward-looking statements give our current expectations and projections relating to our financial condition; macroeconomic factors; plans; objectives; product development; growth opportunities; assumptions; risks; future performance; business; investments; and results of operations, including revenue (including revenue from fees and net interest income (loss)), contribution margin, net income (loss), non-GAAP adjusted net income (loss), Adjusted EBITDA, basic weighted-average share count and diluted weighted-average share count. Forward-looking statements are based on information available at the time those statements are made or management's good faith beliefs and assumptions as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in, or suggested by, the forward-looking statements. All forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those that we expected and should not be read as a guarantee of future performance or results. Neither we nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. We undertake no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law. More information about factors that could affect our results of operations and risks and uncertainties are provided in our public filings with the Securities and Exchange Commission (the "SEC"), including 'Risk Factors' in our most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, copies of which may be obtained by visiting our investor relations website at or the SEC's website at Moreover, we operate in very competitive and rapidly changing environments, and new risks may emerge from time to time. It is not possible for us to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. Additional information will be available in other future reports that we file with the SEC from time to time, which could cause actual results to vary from expectations.
