在这个拐点上，能活下来的一定是“软硬结合”最极致的选手。未来能跑出来的，一定是硬件能造、大脑够强、商业能跑的公司。硬件确保了机器人的“下限”，决定了它能不能进场；而大脑则决定了机器人的“上限”，决定了它能干多少活、干得多聪明。这种“大脑”与“肌体”的终极对齐，不仅是技术上的挑战，更是对团队组织能力、资金使用效率和行业洞察力的全方位考验。
TCXO failure analysis
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The letter cited reporting from Wired from July 2025, which said internal documents revealed the firm not only had “the capacity to trade up to several hundred million of these presently and can likely upsize that in the future to meet potential demand” but it has already put through a trade representing about $10 million of IEEPA rights.
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