SpaceX has a $55 billion plan to build AI chips in Texas
Summary
SpaceX is moving into the AI hardware sector with plans for a $55 billion chip manufacturing facility in Austin, Texas, known as "Terafab." The project, which could see total investments reach $119 billion, aims to provide massive computing power for AI, robotics, and space-based data centers. Intel has partnered with the initiative to assist in the design and production of these high-performance chips, supporting Elon Musk’s goal of generating up to one terawatt of computing power per year.
(Source:The Verge)