Reported 4 months ago
Elon Musk confirmed diverting artificial intelligence chips from Tesla to X Corp. and xAI Corp., citing issues with finding a suitable place for the chips at Tesla and internal Nvidia emails. Musk clarified discrepancies in statements made during Tesla's earnings call and X, revealing plans to spend around $10 billion on AI this year. The move caused Tesla shares to drop, amid Musk's ongoing efforts to develop AI technology within the company.
Source: YAHOO