Investment
Features
FeesSafety
Academy
More
Pluang+

Ex-Tesla AI lead starts firm making specialized industrial robots, not humanoids.

Market News
08 Oct 2026
Crypto Briefing
View Source
Neutral
Ex-Tesla AI lead starts firm making specialized industrial robots, not humanoids.

Ashish Kumar, former AI lead for Tesla's humanoid robot Optimus, has founded Intelligent Machines, a startup focused on building task-specific industrial robots rather than humanoid ones. The company uses reinforcement learning to train robots for specialized manufacturing and aerospace tasks typically done by skilled humans. This approach contrasts Tesla's general-purpose humanoid strategy, which faces challenges in AI generalization and task learning. Intelligent Machines is raising a seed round potentially up to $100 million and has recruited former Tesla Optimus team members. The development highlights a key industry debate between versatile humanoid robots and specialized machines optimized for specific tasks.

Tesla's former Optimus AI lead and his new startup Intelligent Machines are the story's subject, presented here with Pluang's cryptocurrency market context. As of Oct 09, 2026 02:31 WIB, breadth among 50 major cryptocurrencies shows 6 rising and 43 falling. Notable movers include BAL (Balancer) up 11.14% at Rp16.297, MANA (Decentraland) down 12.97% at Rp1.631, and AVAX (Avalanche) down 10.85% at Rp180.172, with typical hold times ranging from 85 to 156 days on Pluang.

More News

SpaceX expands AI infrastructure amid mixed analyst ratings and price targets.

SpaceX expands AI infrastructure amid mixed analyst ratings and price targets.

SpaceX is expanding its AI infrastructure to support its rocket launches, Starlink satellite network, and future AI growth plans. Analysts show mixed but generally positive sentiment, with Morgan Stanley maintaining a Buy rating and a $300 price targ...

Analyst Insights
Bullish
42 minutes ago
Byrna reports Q3 loss despite narrower EPS miss, revenue down 46% amid sales challenges.

Byrna reports Q3 loss despite narrower EPS miss, revenue down 46% amid sales challenges.

Byrna Technologies reported a fiscal Q3 loss of $0.13 per share, better than the expected $0.16 loss, but revenue fell 46% year-over-year to $15.3 million, missing estimates. The company shifted from net income to a $2.9 million net loss due to weake...

Company Fundamentals
Bearish
48 minutes ago
Stocks and leveraged ETFs plunge sharply on October 8, 2026, amid unclear catalysts.

Stocks and leveraged ETFs plunge sharply on October 8, 2026, amid unclear catalysts.

On October 8, 2026, several stocks including AngioDynamics, Apimeds Pharmaceuticals US, and Arqit Quantum experienced steep declines of over 18%, despite some positive financial reports. Leveraged ETFs CRWG and IRE also dropped 15.5%, highlighting th...

Market News
Bearish
48 minutes ago
Pacira BioSciences jumps 44% after Viatris agrees to $1.65B acquisition deal

Pacira BioSciences jumps 44% after Viatris agrees to $1.65B acquisition deal

On October 8, 2026, Pacira BioSciences surged 44.4% following Viatris' agreement to acquire the company for $36.50 per share, valuing the deal at approximately $1.65 billion. Other notable gainers included Profound Medical, which rose 21.7% after for...

Market News
Bullish
48 minutes ago
Giga Metals reveals new geophysical targets at Turnagain copper project in BC, advancing exploration efforts.

Giga Metals reveals new geophysical targets at Turnagain copper project in BC, advancing exploration efforts.

Giga Metals Corp. announced initial results from its 2026 Stage 2 geophysics program at the Turnagain project in British Columbia, focusing on the Attic Zone. The surveys identified new geophysical features, including a previously unexplored conducti...

Market News
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App