Tesla rolled out its long-promised robotaxi service in Austin this week, a landmark moment CEO Elon Musk called the "culmination of a decade of hard work." The deployment of driverless Model Ys carrying paying customers puts Tesla squarely in the autonomous ride-hailing market. But within hours of the

Apple, a company that has historically shied away from mega-acquisitions, is now internally discussing a potential blockbuster deal for the AI search startup Perplexity. This move isn't just about bolstering its AI capabilities, where it is admittedly behind rivals. It's a direct, strategic response to a

Who's the Customer Here? There is a standard way that business relationships work. A company like Nvidia sells the essential tools—the picks and shovels—for a technological gold rush. Its customers, the giant cloud computing companies like Amazon, Microsoft, and Google, buy those picks and shovels in

Vision Quest If a car drives itself down the street with no one behind the wheel, but it has a "safety monitor" sitting in the passenger seat and is only allowed to drive in good weather within a small, heavily-mapped area of Austin, is it really a robotaxi?

The Search for Search Apple, famously, does not do big deals. Its largest acquisition ever was buying Beats for $3 billion back in 2014, a deal that mostly seems to have been about getting Jimmy Iovine and Dr. Dre to come work there. So it is interesting that, according to