LIVEElon Musk: 'If you don't spend $10 billion on AI, the company may fail'
Elon Musk warns that American technology companies need to prepare large resources for the AI revolution or face the risk of disappearing from the market.
"Tesla will spend $10 billion this year to train and build reasoning capabilities for AI, mainly for the car segment. Any company that does not set aside such a budget and spend it effectively will lost competitiveness," billionaire Elon Musk said at the event on April 28.
Investing in AI reasoning is a sign that Musk is preparing the groundwork for the HW5 system, which is specifically designed for fully self-driving (FSD) vehicles.
American media said Tesla spent more than a billion USD on AI training in the first quarter of 2024, doubling the processing capacity of the machine learning system to the equivalent of 35,000 Nvidia H200 chips.
Musk announced last week that this number would increase to 85,000 chips by the end of this year.
The above moves show that Musk is racing to make Tesla the first company to solve the self-driving car problem on a large scale and take control of the future self-driving car technology copyright market.
