**SPEAKER_1** (0:00)
This episode is brought to you by Rise Robotics. You're probably not thinking about how hydraulics impact your everyday life, but they do. I'm talking about the forklifts that help stock your favorite stores, the delivery trucks that deliver all that ice cream to help you stay cool in this heat. Creating technology to help improve machines like those is at the heart of what Rise Robotics is all about. It's why they created the Belt Draulic. What's so fascinating about it is that it's an electric alternative to regular hydraulics, which leak and break all the time. The Belt Draulic runs cleaner, faster, and makes maintenance a breeze. Oh, and it runs three times faster and cuts fuel costs in half. And unlike shiny new gadgets coming out, Rise Robotics is giving people the unique opportunity to invest alongside big backers and institutions. That means anyone who wants can become part owners of a company originating from MIT and backed by military contracts. Working to build tech that affects industries we interact with regularly, check them out at invest.riserobotics.com.
You can read about the technology, see what they've built, and decide if becoming a part owner of this company makes sense for you. Again, that's invest at riserobotics.com.
**SPEAKER_2** (1:08)
After successfully selling over 15 cars, Faraday Future would now like you to buy its robots.
OpenAI's free GPT-55 model makes ChatGPT better at understanding context. And come on, you don't need an AI to check your spelling. It's Thursday, June 25th, and here's a quick look at some of the news happening in and around tech this morning from Engadget.
Faraday Future would like you to purchase an $89,900 robot. As part of its latest revamp, the embattled electric car company is now pitching a lineup of robots, including humanoids, quadrupeds and a robotic arm. Now, if the name Faraday Future does not ring any bells, well, that could be because the company has been going through a bit of a pivot over the past year in an attempt to salvage its bottom line, not its reputation. That's become something of a theme for Faraday. The business generated a fair bit of hype years before it showed off its first production-ready electric car at CES 2017
Its leaders certainly had lofty goals, but in the almost decade since, both the business and its founder, YTGIA, experienced financial tumult. Compounded by about a dozen lawsuits, internal turmoil, layoffs and yet more confusion around money, a lot of Faraday's plans went on hold, and it showed. In January of last year, it said it had sold 15 or 16 vehicles. However, Faraday Future returned to CES that year, promising a new electric minivan and a fresh start. The return of founder YTGIA as sole global CEO in May of this year, as part of a larger executive shakeup, might mean a loose definition of quote-unquote fresh. The company is still putting work into its EV strategy, with the first pre-production model of its FX Super 1 MPV van completed in December.
But now it seems to be taking a page from Tesla's book and directing more energy into robotics. This month, Faraday Future shared some new details about its robotics lineup. There is a quadruped model called Navi that looks to be targeted towards kids for learning embodied AI. That one starts at just under $2,000, but you may have to pay extra to give it a 3D-printed canine head. The company also has a new version of its humanoid model called Futurist. The 5-foot 8-inch robot equipped with NVIDIA SONIC's full body motion control system is on sale for just shy of $90,000. It's also selling an industrial-grade robotic arm that it's calling a mobile manipulator product. Now, there's no public pricing, which is likely code for unbelievably expensive even for business customers. Despite the massive price tags and a history one could most politely call spotty, the company seems to be counting on at least some sales. According to its latest press release, Faraday Future claims to expect shipments of more than 100 robotics units in June, and that total shipments for the first six months of the year are expected to surpass its original target of 220 units. Well, at least that's better than 15
OpenAI has updated GPT-55 Instant, the model you interact with the most when you use ChatGPT, to be better at understanding context and adapting to queries as you alter them to add more conditions or clarifications. The company updated ChatGPT's default model to GPT-55 Instant in May. Back then, it said that the model produced 52.5% fewer hallucinated statements during testing and 37% fewer factual errors. Now, the model has been upgraded to be more capable when it comes to identifying the underlying goal of a task or a question and carrying context over multiple back and forths as you talk to it. GPT-55 Instant is now also better at processing complex questions and is more likely to answer the multiple points you want it to address. If you clarify your question further or push back on its answer, OpenAI says the model should adapt more effectively and give you more relevant answers instead of repeating its old ones. And since it's the default model for the company's chatbot, you're supposed to feel these quality of life upgrades when you use ChatGPT.
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