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Thursday • November 14, 2024

Industry News Source

Elon Musk spent roughly $10 billion on AI training hardware in 2024

Enough To Be Competitive?

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Tesla and xAI, Elon Musk’s companies, will bring online $10 billion worth of training compute capacity by the end of this year, as observed by Sawyer Merritt, a co-founder of TwinBirch and a Tesla investor. And yet, it probably means that both companies will be somewhat behind schedule set by Elon Musk.

Elon Musk and his companies have recently been actively making announcements about AI supercomputers, so indeed, we are talking about huge investments.

Artificial Intelligence