Musk Eyes Tesla-Intel Collaboration for AI Chip Production
Elon Musk, Tesla's CEO, revealed plans to potentially build a large chip fabrication plant to produce AI chips. Speaking at Tesla’s annual shareholders meeting, Musk suggested a possible partnership with Intel to advance the company’s autonomous technology.
Potential Collaboration with Intel
Musk addressed the crowd of Tesla shareholders:
“You know, maybe we’ll, we’ll do something with Intel. We haven’t signed any deal, but it’s probably worth having discussions with Intel.”
Intel, despite trailing Nvidia in the AI chip market, owns advanced chipmaking factories and recently saw a 10% investment from the US government to help commercialize its latest manufacturing technology. Following Musk’s announcement, Intel's stock rose by 4%.
Tesla’s AI Chip Developments
- Tesla is currently designing its fifth-generation AI chip (AI5) to enhance its autonomous driving capabilities.
- The company is already collaborating with Taiwan’s TSMC and South Korea’s Samsung for chip production.
- Tesla’s AI chips are integral to its Full Self-Driving software.
- The AI5 chip is expected to support Tesla's ambitions in AI and robotics.
Shareholder Approval of Musk’s Pay Package
Tesla shareholders recently approved Elon Musk’s $1 trillion pay package for the next decade, signaling strong support for his vision to expand Tesla beyond electric vehicles into AI and robotics.
Author’s summary: Elon Musk proposes a significant expansion of Tesla's AI chip production, hinting at collaboration with Intel, while shareholders back his ambitious $1 trillion compensation aligned with the company’s AI-driven future.