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home / articles / elon musk s big bet tesla to ramp up ai development mwn benzinga


TECH - Elon Musk's Big Bet: Tesla to Ramp Up AI Development with Nvidia's Powerful Chips | Benzinga

Tesla Inc (NASDAQ:TSLA) may install 85,000 Nvidia Corp (NASDAQ:NVDA) H100 chips by year-end to train its artificial intelligence (AI) models. 

If CEO Elon Musk proceeds with this plan, Tesla will surpass tech giants like Amazon.Com Inc (NASDAQ:AMZN) and Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGLGoogle as a significant Nvidia customer. 

During Tesla’s first quarterly earnings report for 2024, Musk disclosed that the company currently possesses 35,000 H100 chips, the most advanced and expensive graphics processing units designed for AI applications, CNBC reports.

These chips are vital for Musk’s AI initiatives, which include the development of advanced robots like Optimus Bot and Robotaxi and ...

Full story available on Benzinga.com

Stock Information

Company Name: Bio-Techne Corp
Stock Symbol: TECH
Market: NASDAQ
Website: bio-techne.com

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