TSMC to Boost AI Chip Packaging Capacity Ahead of Schedule, Says Morgan Stanley 
애플 주식: 뉴스트리트리서치, 아이폰 16 출하량 10% 미달 전망 
Shiba Inu (SHIB) Nears Major Profit Spike as Price Targets Key Breakout 
Cybertruck Touches Down in South Korea – Certification Sparks Global Tesla Buzz! 
Cybertruck Lands in Mexico with First Deliveries – Canada to Join the Party Soon! 
Hamster Kombat Goes Live on Binance: Is HMSTR the Next Big Crypto? 
Rivian Foundation Unveils $10 Million in Grants to Power Global Conservation Efforts 
Hamster Kombat Roadmap Drops Huge 2025 Web3 Plans, Including NFT Rewards and Token Buybacks 
아이폰 16 리드 타임 감소 지속, 모건스탠리 분석 발표… 주가 하락세 
NVIDIA’s Blackwell Chips to Generate $10 Billion in Q4 2024, Says Morgan Stanley 
보잉 파업 노동자들 최신 계약 제안에 관심 없다고 노조 밝혀 
Philippine Congress Slashes Vice President Duterte's Budget Amid Growing Rift with Marcos 
China’s $75 Billion Bitcoin Bet: Investors Defy Crypto Ban Amid Economic Storm 
SpaceX Criticizes FAA Over Licensing Delays and 'Inaccurate' Testimony in Congressional Hearing 
미국, 비자에 직불카드 결제 독점 혐의 제기 
Air Jordan 11 'Legend Blue' Release Date, Price, and Colorway Details Revealed 
Meta to Unveil First AR Glasses and New AI Features at Annual Connect Event 
Elon Musk’s Tesla and xAI are projected to allocate $20 billion to AI initiatives by the end of 2024, according to a Morgan Stanley analysis. This includes significant investments in supercomputers, GPU clusters, and proprietary AI technologies to solidify their leadership in the rapidly evolving AI sector.
Tesla to Invest $10 Billion in AI by 2024, Focusing on Supercomputers and Infrastructure
According to a recent analysis conducted by Adam Jonas of Morgan Stanley, Tesla is anticipated to allocate the combined market capitalization of Rivian and Lucid Group to AI initiatives by the conclusion of 2024. Musk is making substantial investments to establish a dominant position in the swiftly evolving AI sector, as evidenced by the approximately $10 billion in AI-related expenditure from xAI, his AI-focused venture.
In a recently published investment note, Adam Jonas provided a comprehensive breakdown of these expenditures and outlined the anticipated spending by Musk's enterprises by the end of 2024. Tesla is expected to allocate a staggering $10 billion to AI initiatives in 2024. According to Wccftech, this encompasses a supercluster in Austin that will contain approximately 50,000 NVIDIA H100 GPUs and 20,000 of Tesla's proprietary D1 processors. The company's Dojo supercomputer and inference-driven computing will receive additional funding.
This projection is corroborated by Tesla's most recent Form 10-Q filing, which indicates that $2.6 billion was allocated to "Computer Equipment, Hardware, and Software PPE," $2.5 billion to AI infrastructure, and nearly $7 billion to "Construction in Progress," which is predominantly for AI-related assets. The $10 billion estimate is consistent with these expenditures.
Jonas provides a more detailed breakdown of Tesla's AI expenditures, predicting that $5 billion will be allocated to internal development, $3-4 billion to NVIDIA GPUs, and the remaining amount to infrastructure.
xAI to Invest $10 Billion in AI Supercluster, Expanding GPU Capacity and Training Grok 3 LLM
xAI will spend approximately $10 billion by the end of 2024, primarily due to its massive supercluster, Colossus, and Tesla's efforts. The Grok 3 large language model (LLM), which is anticipated to be launched in December, is presently being trained on this supercluster equipped with 100,000 liquid-cooled H100 GPUs.
Musk previously declared that the subsequent substantial phase of xAI would involve integrating 300,000 B200 units with CX8 networking by the summer of 2025. In a funding round that valued the company at $18 billion, xAI raised $6 billion earlier this year. xAI's portfolio will be expanded by the company's increased investments in GPU clusters despite Grok being its sole product. This move is indicative of Musk's aggressive approach to AI.
