Tesla CEO Elon Musk revealed that to maintain its leading position in the artificial intelligence sector, the company will invest over $500 million in NVIDIA AI chips this year. This is a high-stakes race, with Musk stating that billions of dollars in hardware investment annually are necessary. Global tech companies are competing fiercely to acquire NVIDIA's H100 graphics processors, which are priced at tens of thousands of dollars.
Musk Reveals: Tesla to Invest Over $500 Million in Nvidia AI Chips This Year

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