Musk: Humanoid Robot for Public Launch Next Year, Tesla Full Self-Driving Eyed for European Approval Next Month
On January 23, Elon Musk told the World Economic Forum (WEF): “By the end of next year, we’ll sell a humanoid robot to consumers. We’re confident this robot will be highly reliable and feature-packed—capable of doing just about anything you want.”
“Tesla often rolls out full updates for its Autopilot software weekly, and some insurance companies recently noted it’s actually very safe. I believe autonomous driving cars will fundamentally solve today’s problems, and autonomous taxi services will be widely available across the U.S. by the end of this year. Tesla aims to secure supervised autonomous driving approval in Europe next month, if possible.”
Per Bitget market data, Tesla reversed its intraday decline to trade higher, with its current gain at 1.27%.
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Musk: Humanity needs to ensure that the light of consciousness does not fade away; SpaceX's goal is to maximize the future of civilization
January 22, at the World Economic Forum in Davos, Elon Musk said SpaceX’s founding goal is to maximize civilization’s future. The company is advancing rocket technology to enable extending life and consciousness beyond Earth—reaching the Moon, Mars, and eventually other galaxies.
“Consciousness and the unknown darkness are unstable and delicate, and we should always view them that way,” Musk noted.
Humans don’t know if aliens exist, he added. “The bottom line: we should assume life and consciousness are extremely rare—maybe only here on Earth. If that’s true, we need to do everything to keep the light of consciousness from going out; humanity is a small candle in a vast darkness. That’s why it’s critical to pave the way for life to survive on multiple planets—so consciousness can persist if a natural or man-made disaster hits Earth. That’s SpaceX’s purpose.”
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AI Startup Inferact Raises $150 Million Seed Round, Led by a16z and Lightspeed
On January 22, Bloomberg reported that Inferact—an AI startup founded by the team behind the open-source vLLM software—has closed a $150 million seed round at an $8 billion valuation.
The funding round was led by Andreessen Horowitz (a16z) and Lightspeed, with participation from Sequoia Capital, Altimeter Capital, Redpoint Ventures, and True Ventures.
Inferact focuses on AI inference, aiming to tackle the high operational costs and instability plaguing existing AI models. The project originated at UC Berkeley and is now overseen by the PyTorch Foundation.
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BitGo has officially rung the bell for its listing on the NYSE
**BitGo Debuts on NYSE in 2025’s First Crypto IPO**
January 22 — Cryptocurrency custody firm BitGo (BTGO.US) launched its NYSE debut with a bell-ringing ceremony Wednesday, marking the first crypto-related initial public offering (IPO) of 2025.
The company priced its IPO at $18 per share—above its initial $15-$17 target range—netting $2.13 billion in proceeds. Post-IPO, CEO Mike Belshe holds a 56% voting stake (retaining operational control); Valor Equity Partners owns 4.6% of voting rights, and Redpoint Ventures holds 3.9%.
Per its prospectus:
- First nine months of 2025: Revenue hit ~$10 billion (sharp jump from $1.9 billion in the year-ago period).
- Net income: ~$35.3 million total, with ~$8.1 million attributable to shareholders (up from $5.1 million in 2024’s first nine months).
- As of September 30, 2025: $104 billion in assets under custody (AUC) across 1,550+ digital assets.
- 2025 full-year revenue projection: $16.02 billion to $16.09 billion.
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