Elon Musk reportedly diverted $500m worth of Nvidia AI chips from Tesla to his social media platform X, potentially delaying Tesla's autonomous vehicle and robotics development.

Tesla CEO Elon Musk reportedly diverted $500 million worth of Nvidia AI chips intended for the automaker to his social media platform, X, according to internal Nvidia emails obtained by CNBC. The move could delay Tesla's acquisition of the processors by months and impact its development of autonomous vehicles and robotics. Musk previously pledged to increase Tesla's use of Nvidia's H100 chips, though internal Nvidia memos suggest he has exaggerated the company's procurement plans. The diverted GPUs were originally intended to power Tesla's supercomputers and advance its AI and robotics initiatives.

June 04, 2024
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