Do self-driving cars need lidar? Musk says that cameras are enough, but most disagree. Tesla has staked its autonomous driving future on a relatively cheap solution: using cameras alone rather than a combination with the much more expensive lidar that its competitor, Google’s Waymo, employs to operate its self-driving cars.
US stocks slumped into the long weekend as the AI trade took a hit, with the S&P 500 ending August with its biggest daily decline since the first trading day of the month. Even so, the drop of 0.6% barely pulled the benchmark US stock index into the red for the week.
