Filing: SpaceX set aside $530M for potential litigation losses, including lawsuits involving Grok's "Spicy" mode, which it described as a "heightened risk"

Gavin Baker / @gavinsbaker: Nvidia's "AI hyperscaler" revenue grew 191% YoY in the April quarter ex China (effectively all hyperscaler). Broadcom has guided to 143% YoY growth for their AI segment in their next quarter. Interesting. Physical AI & $NVDA As in each of the past five quarters, Jensen reminds investors that physical AI will become a major driver in the next several years, but it has not yet started. My take: Investors are under appreciating the impact of physical AI. This year, FSD will account for about 0.3% of total passenger miles driven in the U.S., and autonomous ride-hailing will account for about 2% of rideshare. Cars are one part of physical AI.