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Musk to spend $55B on SpaceX AI chip project in Texas

Elon Musk’s SpaceX plans to invest at least $55 billion to build a semiconductor manufacturing facility in Texas, according to a public notice Wednesday, producing chips for artificial intelligence, robotics and data centers in space. The world’s richest person has said the facility, dubbed Terafab, would be run jointly by his electric-vehicle firm Tesla and his rocket company SpaceX.Musk, who has no prior experience in semiconductors, has said Terafab is necessary because Tesla and SpaceX’s demand for computing power is expected to far exceed that of global chip suppliers.The Grimes County commissioners court was set to meet on June 3 to discuss approving a property tax abatement for the project, according to the notice. Do you think that SpaceX AI will be ver a poerful project like that of OpenAI?

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