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Tesla and Samsung Announce $16.5B AI Chip Supply Agreement
technology1 year ago

Tesla and Samsung Announce $16.5B AI Chip Supply Agreement

Tesla has signed a $16.5 billion deal with Samsung to produce its next-generation AI chips at Samsung's Texas fab, supporting Tesla's broader shift towards AI and robotics with chips designed for various applications from driver assistance to data center AI training. Elon Musk highlighted the strategic importance of this partnership, which aims to enhance Tesla's chip manufacturing capabilities and efficiency, as part of its transition from traditional automaker to an AI and robotics company.