Aged Musk, Bezos and Altman appear in ad predicting dystopian AI future Elon Musk announced TeraFab, a joint venture between Tesla and SpaceX, to construct the world's largest computer chip facility. The project, estimated to cost at least $20 billion, aims to produce 50 times the current annual global output of AI chips. Production will commence at Tesla's headquarters in Austin, Texas, manufacturing chips for self-driving vehicles, robots, and space-hardened chips. Musk envisions these chips powering AI robotics and future space-based data centers, citing potential for lower costs and higher efficiency. TeraFab has an aggressive timeline, with early production slated for next year and mass production targeted for 2028. In full