Elon Musk announces Tesla's plans to allocate USD 10 billion this year on training and inference AI
- by pinkvilla
- May 01, 2024
- 0 Comments
- 0 Likes Flag 0 Of 10
Image Courtesy: Wikimedia Commons
Elon Musk, the CEO of Tesla, announced a major $10 billion investment to advance the AI capabilities of Tesla vehicles, which will also be integrated with the company's Autopilot feature, which allows the cars to drive themselves. According to reports by Fortune, the investment's main goal is to improve AI capabilities in Tesla's cars, specifically in the areas of robotaxis development and self-driving technology.
Elon Musk says no company can compete if it doesn't invest this much
In an X post, the CEO of Tesla and founder of SpaceX stated, "Tesla will spend approximately $10 billion this year in combined training and inference Al, the latter being primarily in a car. A company that doesn't invest this much and does it effectively can't compete."
Musk's post emphasizes how crucial this investment is to Tesla's ability to compete in the auto sector. Furthermore, he claimed that any business that does not invest as much in AI as this one, while maintaining efficiency, will find it difficult to stay competitive. The announcement signals a new era of fierce rivalry in Al development within the automobile industry and sets a high standard for competitors.
Alaya - Floral Motif Ruffle Dress - White
Please first to comment
Related Post
Tweets by elonmusk
To get the latest tweets please make sure you are logged in on X on this browser.