This move could upset Tesla investors who are banking on Musk's promise of fully autonomous vehicles. Tesla plans to reveal its first robotaxi vehicle in August, but its Autopilot and Full Self-Driving features have been under scrutiny due to numerous crashes. Meanwhile, Musk's AI startup, xAI, is competing with OpenAI, Google, and others in the field of generative AI. Nvidia, the supplier of the AI chips, has seen significant growth due to the high demand for its GPUs.
Key takeaways:
- Elon Musk has reportedly ordered thousands of Nvidia-made AI chips, originally intended for Tesla, to be redirected to his social media company X, potentially delaying Tesla's acquisition of $500 million worth of processors.
- Musk has previously stated that Tesla would increase its acquisition of Nvidia's H100 AI chips and spend $10 billion in combined training and inference AI, but emails suggest that many of these chips are now going to X and its AI subsidiary, xAI.
- This move could upset Tesla investors who are relying on Musk's promise of fully autonomous vehicles, with the company planning to unveil its first robotaxi vehicle in August.
- Nvidia, the maker of the AI chips, has seen significant growth due to the demand for its GPUs, becoming the third most valuable company in the world and reporting 200 percent revenue growth in the last quarter.