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  • 3 hours ago
Elon Musk says Tesla will launch its Terafab AI chip manufacturing project in seven days as the company accelerates development of chips for autonomous driving.
Transcript
00:00It's Benzinga bringing Wall Street to Main Street.
00:02Elon Musk said Tesla's TerraFab project to manufacture artificial intelligence chips
00:07will launch in seven days, according to Reuters. Tesla is developing its fifth-generation AI chip
00:13to support its autonomous ambitions and full self-driving software.
00:17Musk said last year that projected chip supply from partners would not meet Tesla's needs.
00:21He said Tesla may need to build its own large-scale chip manufacturing facility
00:26to reach the required production volume. Musk also said Tesla had discussed potential
00:31cooperation with Intel but had not signed any agreement. Tesla is also partnering with
00:36Taiwan's TSNC and South Korea's Samsung for AI chip production.
00:40For all things money, visit Benzinga.com.
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