Jeff Lawson

Stamping these fusion things out, which could go either direction.

I love talking about the big lasers.

I also love talking about big magnets, Jeff.

Why was this the technology you bet on when it comes to nuclear fusion?

And Jeff, is it an overreaction from your perspective?

Because many are just throwing everything out, baby with bathwater, rather than being discerning about whether this is a platform engagement, whether or not it's just a change in the way of pricing the offering in the future, rather than having to rebuild from the ground up.

Yeah, it's time now for Talking Tech Up, Ed.

And first up, AI humanoid robotic startup, Apptronic.

It's raised $520 million in a new funding round, valuing the company more than $5.5 billion.

Now, the fresh capital will support the commercialization of its Apollo robot and help expand the scale of its systems.

Plus, Chinese AI firm Xipu says it is set to release GLM5, an upgrade to its flagship model, but the new version is designed to handle more complex coding and agentic tasks, putting it in direct competition with Anthropos.

Xipu says GLM5 will officially roll out on Thursday.

And China's top chip maker, SMIC or SMIC, is warning that the surge in AI chip spending may be pulling forward years of future demand, increasing the risk that some data center capacity can ultimately sit idle.

AI-related infrastructure investment is projected to exceed $3 trillion over the next five years.

That's according to Moody's ratings.

So record bookings accelerating, record profits never been higher, record cash flow, record customers.

Okay, so all that is really good.

And what it shows is that customer obsession is what drives profitable growth.

There's no question.

It sounds like analysts are looking at things like margin.