Terafab

Elon Musk announced the Terafab project, a $20 billion joint venture between Tesla, SpaceX, and xAI to build a chip manufacturing facility in Austin, Texas.

Elon Musk announced the Terafab project, a $20 billion chip manufacturing facility in Austin, Texas, as a joint venture between Tesla, SpaceX, and xAI. The facility aims to produce a terawatt of computing power per year.