{"id":80191,"date":"2024-06-04T12:25:33","date_gmt":"2024-06-04T16:25:33","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=80191"},"modified":"2024-06-04T12:26:14","modified_gmt":"2024-06-04T16:26:14","slug":"report-elon-musk-steers-ai-chip-resources-to-xai-x-before-tesla","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/report-elon-musk-steers-ai-chip-resources-to-xai-x-before-tesla\/","title":{"rendered":"Report: Elon Musk Steers AI Chip Resources To xAI & X Before Tesla"},"content":{"rendered":"\n

Elon Musk appears to have shifted a major portion of his AI chip<\/a> resources to X and xAI rather than Tesla. TSLA share prices dipped as the news made headlines.<\/p>\n\n\n\n

\"Report:<\/figure>\n\n\n\n

Recent reports surfacing across markets have highlighted an unprecedented development: Elon Musk <\/a>has mandated Nvidia, the GPU manufacturing titan, to provide AI chips to his firms xAI and X ahead of Tesla.<\/p>\n\n\n\n

However, this decision raises the question: Is Tesla losing its edge? Or is this a strategic mover that aligns with the rising demand for AI-related technologies?<\/p>\n\n\n\n

xAI, an AI startup founded by Elon Musk, and X, formerly Twitter, a social media platform that advocates for free expression, are the recipients of the AI chip resources that were redirected.<\/p>\n\n\n\n

This resource diversion has prompted widespread interest and speculation in the industry, highlighting the decision's significance.<\/p>\n\n\n\n

An Analysis Of The Report<\/h2>\n\n\n\n

According to CNBC, a recent email from a top Nvidia employee indicates that Musk inflated Tesla's chip procurement to shareholders.<\/p>\n\n\n\n

Additionally, correspondence from Nvidia employees revealed that Musk redirected a substantial quantity of AI processors that were originally reserved for Tesla to X, the platform where Elon Musk's xAI introduced the generative AI chatbot Grok.<\/p>\n\n\n\n

Meanwhile, in an April post on X, Musk pointed out that \u201cTesla will spend around $10B this year in combined training and inference AI, the latter being primarily in car.\u201d<\/p>\n\n\n\n

The decision to redirect resources contradicts this claim.<\/p>\n\n\n\n

Tesla Inc.'s Common Stock\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> (TSLA) fell 0.84% in pre-market trading, piqueing investor interest after the vehicle company's aforementioned gaffe.<\/p>\n\n\n\n

The stock price stood at $174.81.<\/p>\n\n\n\n

Musk\u2019s Past Resource Diversion Chronicles<\/h2>\n\n\n\n

Musk allegedly prioritized X over Tesla<\/a> by redirecting 12,000 shipped H100 GPUs to X rather than Tesla, according to a December memo from Nvidia.<\/p>\n\n\n\n

\u201cIn exchange, original X orders of 12k H100 slated for Jan and June to be redirected to Tesla.\u201d<\/p>\n\n\n\n

Moreover, the emergence of these chronicles has enigmatically shrouded Musk\u2019s plans for AI development across multiple firms run by the American entrepreneur.<\/p>\n\n\n\n

Nvidia and Musk have not yet issued an official statement regarding the matter; however, the aforementioned chronicle emphasizes the critical nature of AI advancement.<\/p>\n","protected":false},"excerpt":{"rendered":"

Elon Musk appears to have shifted a major portion of his AI chip resources to X and xAI rather than Tesla. TSLA share prices dipped as the news made headlines. Recent reports surfacing across markets have highlighted an unprecedented development: Elon Musk has mandated Nvidia, the GPU manufacturing titan, to provide AI chips to his […]<\/p>\n","protected":false},"author":56,"featured_media":80193,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21,9],"tags":[3996,6283,19338,17307],"class_list":["post-80191","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-tech","tag-ai","tag-elon-musk-news","tag-tesla-tsla","tag-x-twitter"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/06\/Elon-Musk-Steers-AI-Chip-Resources-To-xAI-X-Before-Tesla.webp","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/80191","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/56"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=80191"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/80191\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/80193"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=80191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=80191"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=80191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}