Nvidia introduced what it calls a "comprehensive safety system" designed to ensure that humanoid robots can be deployed alongside human beings.

Why it matters: Humanoids are expected to generate $200 billion in revenue by 2035, according to one estimate — but for now, the technology's not ready to handle significant tasks at scale.

Driving the news: Nvidia's Halos for Robotics system incorporates software, processing power, sensors and inspection capability rooted in the company's autonomous vehicle learnings.

• The first customer for the new system is Agility, which plans to deploy Halos in humanoids working in operations for customers like Amazon and Toyota.
• It delivers a "unified safety architecture to scale autonomous systems" into physical environments, Deepu Talla, Nvidia's VP of robotics and edge AI, said in a statement.

The big picture: Nvidia CEO Jensen Huang has repeatedly shared bullish sentiment on humanoids.

• He recently said Hyundai — which plans to mass-produce humanoids to place in factories alongside humans building cars — is leading the industry in development.
• And he has periodically praised Tesla's Optimus, which CEO Elon Musk has predicted could be the biggest product in world history.

💭 Our thought bubble: The fact that Nvidia continues to focus on developing software and chips for humanoids — not the actual hardware — tells you where it sees value.

The bottom line: The holy grail of this technology is humanoids that can work side by side with humans, continuously interacting and handling complex, dangerous and backbreaking tasks.

• But that will require rock-solid safety parameters.

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Chevron signed a deal to supply power to a new Microsoft data center in West Texas as the fossil fuel industry seeks to capitalize on the booming AI economy.

Zoom in: Chevron announced the 20-year supply deal today, which is tied to a project to build a new power generation facility fueled from nearby Chevron gas fields.

• Investment firm Engine No. 1's energy company, Joulent, is working with Chevron to build the plant, which would be capable of generating 2.67 gigawatts of electricity.
• GE Vernova will supply the majority of the turbines, while a Caterpillar subsidiary will provide additional capacity.

Zoom out: The co-located power facility, known as Project Kilby, marks an acceleration of the trend of collocation between data centers and power plants.

• "The idea that data centers must BYOP, or 'Bring Your Own Power,' if they want quicker access to electricity, has taken hold across the industry," WSJ reports.

What's next: Chevron expects to make a final decision on the project by the end of the year.

• Power would be expected to come online in 2028.

🧐 The National Highway Traffic Safety Administration is investigating an incident where a Tesla crashed into a home near Houston and killed someone inside. The driver told police the vehicle was driving itself. (WSJ)

🍕 Domino's CEO Russell Weiner — who led the company into third-party delivery but was unable to stop its stock slide — will step down and become executive chair. Domino's U.S. president Joe Jordan will become CEO. (Restaurant Dive)

Momentum for psychedelic drugs is accelerating with the release of late-stage clinical trial results showing that a new treatment dramatically improved depression scores.

• 📈 Driving the news: Shares of Definium Therapeutics soared nearly 50% today to $36.67 after its antidepressant psychedelic delivered what Needham analyst Ami Fadia called "unprecedented" effects for depression patients.

The big picture: "Definium's trial results come as support for psychedelics from the highest level of the US government is growing," Bloomberg reports. "President Donald Trump signed an executive order in April to expedite research and access to psychedelic-tied therapies in April."

👀 What to watch: Analysts say the results may mean the drug will be effective in treating generalized anxiety disorder, as well, with a trial already underway.