Elon Musk's plans to get into the AI chip manufacturing business are going to be costly. As the New York Times and CNBC report, SpaceX is planning to invest at least $55 billion into its "Terafab" chip plant in Austin, Texas. That's according to the details of a public hearing notice filed in Grimes County, Texas, for a meeting to request tax breaks for the project.
The company says that if additional phases are constructed, its investment could someday balloon to $119 billion total. When Musk initially announced the project in March, he shared ambitious plans for it to produce enough chips to support up to 200 gigawatts per year of computi …
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Elon Musk’s AI ambitions are converging on multiple fronts simultaneously. SpaceX is considering spending up to $119 billion on a semiconductor facility in Grimes County, Texas, dubbed “Terafab” — a vertically integrated chip manufacturing complex developed alongside Tesla and Intel. The facility is intended to produce chips for AI servers, satellites, autonomous vehicles, and SpaceX’s proposed orbital […]
SpaceX, Elon Musk's space company that also houses his AI company, xAI, is considering spending $55 billion, at least initially, to build a semiconductor factory in Texas, according to a filing with Grimes County.
The U.S. Department of Defense has signed agreements with Nvidia, Microsoft, Amazon Web Services, and Reflection AI, granting access to their AI technologies on classified networks for lawful operational use. The deals follow earlier agreements with Google, OpenAI, and SpaceX, and reflect the Pentagon’s push to build a broad, vendor-diverse AI architecture for military operations. […]