TLDR Ark Invest CEO Cathie Wood identified humanoid robots as the biggest opportunity in embodied AI during an interview at the Future Investment Initiative in Saudi Arabia Tesla’s Optimus robot appeared in Times Square handing out candy while plugged in, with unclear levels of human teleoperation involved Wood’s ARK AI & Robotics ETF holds Tesla [...] The post Cathie Wood Says Humanoid Robots Are Biggest AI Opportunity as Tesla Demos Optimus appeared first on CoinCentral.TLDR Ark Invest CEO Cathie Wood identified humanoid robots as the biggest opportunity in embodied AI during an interview at the Future Investment Initiative in Saudi Arabia Tesla’s Optimus robot appeared in Times Square handing out candy while plugged in, with unclear levels of human teleoperation involved Wood’s ARK AI & Robotics ETF holds Tesla [...] The post Cathie Wood Says Humanoid Robots Are Biggest AI Opportunity as Tesla Demos Optimus appeared first on CoinCentral.

Cathie Wood Says Humanoid Robots Are Biggest AI Opportunity as Tesla Demos Optimus

2025/10/28 18:50

TLDR

  • Ark Invest CEO Cathie Wood identified humanoid robots as the biggest opportunity in embodied AI during an interview at the Future Investment Initiative in Saudi Arabia
  • Tesla’s Optimus robot appeared in Times Square handing out candy while plugged in, with unclear levels of human teleoperation involved
  • Wood’s ARK AI & Robotics ETF holds Tesla (9.16%), Palantir (7.02%), and AMD (6.14%) as its top positions
  • Tesla CEO Elon Musk predicts Optimus will represent 80% of Tesla’s future value and generate over $10 trillion in revenue
  • Wood emphasized that large corporations will need companies like Palantir to restructure operations before fully capitalizing on AI productivity gains

Ark Invest CEO Cathie Wood named humanoid robots as the largest opportunity in embodied artificial intelligence during remarks at the Future Investment Initiative conference in Riyadh. Wood spoke to CNBC about the potential for AI-powered machines designed to resemble people in size, shape, and movement.

Wood’s comments came as Tesla showcased its Optimus robot in New York City’s Times Square on Monday. The robot handed out candy near the Nasdaq building as part of a Halloween-themed demonstration. Two Optimus units distributed small red and yellow bags of gummies to passersby.

The robot appeared to be plugged in during the demonstration. Video footage showed Optimus occasionally dropping candy bags before picking them back up. CNBC’s Rebecca Quick reported witnessing these moments during the display.

Tesla also brought its Cybercab autonomous vehicle to the Times Square event. The vehicle has no steering wheel or pedals and remains in development. Both products represent Tesla’s push into autonomous technology and robotics.

This was not Optimus’s first candy distribution event. The robot previously handed out treats at Tesla’s “Frunk or Treat” employee event. Tesla has used various public appearances to demonstrate Optimus’s capabilities over recent months.

Questions About Robot Autonomy

Previous Optimus demonstrations have relied on teleoperation by human operators. At Tesla’s 2024 “We Robot” event, several Optimus units worked as bartenders. Morgan Stanley analysts later confirmed the robots were not operating independently at that event.

Business Insider reported in June that Tesla was shifting its Optimus training approach. The company moved away from motion capture suits and VR headsets. Instead, Tesla began recording videos of workers performing tasks to train the robot.

Investment Perspectives on AI Robotics

Wood’s ARK Artificial Intelligence & Robotics ETF holds Tesla as its largest position at 9.16 percent. Palantir follows at 7.02 percent and AMD at 6.14 percent. These holdings reflect Wood’s conviction in companies developing AI and robotics technologies.

Consumer applications may arrive more quickly than enterprise solutions. Wood expressed enthusiasm about personal AI assistants handling shopping tasks. She noted that AI has already increased her own research productivity.

Musk has made ambitious predictions about Optimus’s commercial potential. In September, he said 80 percent of Tesla’s value would eventually come from the humanoid robot. He previously estimated Optimus could generate over $10 trillion in revenue.

Tesla board chair Robyn Denholm told CNBC she has observed Optimus folding laundry in the company’s lab. These demonstrations aim to show practical applications for the robot beyond public appearances.

The post Cathie Wood Says Humanoid Robots Are Biggest AI Opportunity as Tesla Demos Optimus appeared first on CoinCentral.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Critical Victory: US Senate Passes Temporary Budget Bill Ending Government Shutdown Crisis

Critical Victory: US Senate Passes Temporary Budget Bill Ending Government Shutdown Crisis

BitcoinWorld Critical Victory: US Senate Passes Temporary Budget Bill Ending Government Shutdown Crisis In a crucial political breakthrough, the US Senate has approved a temporary budget bill that resolves the looming government shutdown crisis. This decisive action brings relief to millions of Americans and federal workers who faced uncertainty about government operations and services. What Does the Temporary Budget Bill Accomplish? The newly passed temporary budget bill provides essential government funding through January, ensuring continuous operation of federal agencies and services. This stopgap measure passed with a solid 60-40 vote margin, demonstrating bipartisan support for keeping the government functioning. Following the bill’s approval, President Donald Trump expressed optimism about the shutdown ending soon. The temporary budget bill represents a practical solution that allows more time for comprehensive budget negotiations while preventing immediate disruption to government services. Why Was This Temporary Budget Bill Necessary? Government shutdowns create widespread consequences that affect: Federal employee pay and benefits Essential public services National park operations Economic stability and market confidence The temporary budget bill serves as a bridge solution, providing lawmakers additional time to reach consensus on longer-term funding arrangements. This approach prevents the damaging effects of a full government shutdown while maintaining critical operations. How Does the Political Process Unfold From Here? With the temporary budget bill now passed, attention shifts to the House of Representatives and presidential approval. The legislative process requires both chambers to agree on identical versions before the bill reaches the President’s desk for signature. This temporary budget bill success follows reports of senators reaching partial agreements earlier in the week. The 60-40 vote margin indicates significant cross-party cooperation, suggesting growing consensus around the urgency of avoiding a government shutdown. What Are the Immediate Impacts of This Decision? The passage of this temporary budget bill brings several immediate benefits: Federal workers can continue their duties without interruption Government services remain accessible to citizens Economic uncertainty decreases International confidence in US stability strengthens Moreover, the temporary budget bill creates a stable environment for businesses and individuals who rely on consistent government operations. This stability is crucial for maintaining economic momentum and public confidence. Looking Ahead: What Comes After This Temporary Budget Bill? While this temporary budget bill resolves the immediate crisis, it sets the stage for more comprehensive budget negotiations in the coming months. Lawmakers now have until January to develop a longer-term funding solution that addresses broader fiscal priorities. The successful passage of this temporary budget bill demonstrates that bipartisan cooperation remains possible in challenging political environments. It serves as a model for future negotiations and highlights the importance of pragmatic solutions over ideological standoffs. Frequently Asked Questions What is a temporary budget bill? A temporary budget bill, often called a continuing resolution, provides short-term funding to keep government operations running when full-year budgets aren’t approved by the deadline. How long does this temporary budget bill last? This specific temporary budget bill funds the government through January, giving lawmakers several months to negotiate a more comprehensive budget agreement. What happens if a temporary budget bill isn’t passed? Without a temporary budget bill or full budget approval, the government would partially shut down, furloughing non-essential workers and suspending many services. Can the temporary budget bill be extended? Yes, temporary budget bills can be extended if lawmakers need additional time to reach agreement on longer-term funding solutions. What services continue during temporary budget periods? Essential services like national security, air traffic control, and law enforcement continue, while non-essential services may operate with reduced staffing. How does this affect federal employees? Federal employees continue working and receiving pay during temporary budget bill periods, avoiding the uncertainty of potential furloughs. Found this analysis helpful? Share this article with others who need to understand how the temporary budget bill affects our government and economy. Your shares help spread accurate information about important political developments. To learn more about how government decisions impact financial markets, explore our article on key developments shaping economic policy and market reactions. This post Critical Victory: US Senate Passes Temporary Budget Bill Ending Government Shutdown Crisis first appeared on BitcoinWorld.
Share
Coinstats2025/11/10 12:10