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

Elon Musk's plans to get into the AI spot manufacturing concern are going to beryllium costly. As the New York Times and CNBC report, SpaceX is readying to put astatine slightest $55 cardinal into its "Terafab" spot works successful Austin, Texas. That's according to the details of a nationalist proceeding announcement filed successful Grimes County, Texas, for a gathering to petition taxation breaks for the project.

The institution says that if further phases are constructed, its concern could someday balloon to $119 cardinal total. When Musk initially announced the project successful March, helium shared ambitious plans for it to nutrient capable chips to enactment up to 200 gigawatts per twelvemonth of computi …

Read the afloat communicative astatine The Verge.