Tesla CEO Elon Musk said he plans to buy chips from Advanced Micro Devices Inc. as part of a spending spree on computing hardware to handle AI.
Tesla Inc. Chief Executive Officer Elon Musk said he plans to buy chips from Advanced Micro Devices Inc. as part of a spending spree on computing hardware to handle artificial intelligence.
Elon Musk has said that he plans to buy AMD chips as an AI investment.(AFP/File Photo)
After saying on his X social media platform that Tesla will spend more than $500 million on Nvidia Corp. hardware this year, Musk was asked if he would also buy chips from AMD. “Yes,” the billionaire replied.
Nvidia is the current leader in so-called AI accelerators — processors suited to the data-intensive requirements of the technology — but rivals like AMD are pushing into the market. AMD unveiled a lineup called the MI300 last month that it said will be able to run AI software faster than competitors can.
AMD shares briefly climbed more than 1% after-hours Friday following the remarks. They had been down earlier in extended trading.
Musk has said that Tesla plans to invest more than $1 billion on an effort called Project Dojo by the end of 2024. Dojo refers to an in-house supercomputer designed to handle massive amounts of data, including video from Tesla cars needed to create autonomous-driving software.
The strategy is to use both Nvidia technology and its homegrown efforts.
“We’re pursuing the dual path of Nvidia and Dojo,” Musk said during Tesla’s earnings call on Wednesday. “But I would think of Dojo as a long shot. It’s a long shot worth taking because the payoff is potentially very high.”
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Surge, a startup owned by Hero Motocorp, has unveiled S32, an electric vehicle (EV) that seamlessly transforms from a three-wheeled rickshaw to an e-scooter. The EV takes inspiration from the ‘Batmobile’ from Christopher Nolan’s ‘The Dark Knight’ trilogy, and is designed in a way that it can be operated as a rickshaw for commercial needs, and easily converted to be used as a high-performance scooter to cruise through the city traffic.
Surge S32 EV (Image courtesy: Hero Motocorp.)
As per the Delhi-based manufacturer, owners can convert S32 move between the scooter and rickshaw interchangeably, taking just three minutes to do so.
Stay tuned for all the latest updates on Ram Mandir! Click hereHow to convert from e-rickshaw to e-scooter?
The transition is done by simply pressing a button. When the button is pressed, the front windshield lifts vertically to reveal the scooter within; simultaneously, the cabin transforms swiftly, deploying a spring-loaded double-swing mechanism.
