Our hedge is not to bet on one modality but to fuse both: native-color lidar on our silicon, Stereolabs stereo cameras and neural-depth from the February 2026 acquisition, edge compute, one perception stack. The central open question — whether lidar keeps a durable role or a camera-only approach shrinks its market — remains unresolved. Outside estimates already rank this sensing layer near the bottom of the value-capture ladder as commoditizing. Whether our fusion defends the lidar market or the market erodes underneath it is genuinely unresolved.