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The Verge

SpaceX has a $55 billion plan to build AI chips in Texas

SpaceX has a $55 billion plan to build AI chips in Texas
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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 additi

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