Musk hails $16.5bn Samsung deal to supply Tesla with AI chips
Samsung and Tesla have reached a $16.5 billion deal for the South Korean tech company to manufacture Tesla's next-generation AI chips at a new plant in Texas. Elon Musk, Tesla's CEO, has welcomed the agreement, which will see Samsung produce the semiconductors that will power Tesla's future autonomous driving and other AI-powered features. The deal represents a significant partnership between the two companies, as Tesla seeks to secure a reliable supply of advanced chips to support its technological development. The announcement comes as part of Samsung's broader efforts to expand its semiconductor manufacturing capacity and capitalize on the growing demand for AI-powered technologies in the automotive industry.
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