SpaceX has a $55 billion plan to build AI chips in Texas

Elon Musk’s plans to get into artificial intelligence chip manufacturing will come at a cost. as New York Times and CNBC According to the report, SpaceX plans to invest at least $55 billion in its “Terafab” chip factory in Austin, Texas. That’s according to details of a public hearing notice filed in Grimes County, Texas, for a meeting to request tax credits for the project.

The company says that if additional phases are built, its investments could one day swell to $119 billion. When holding it at first Announce the project In March, he shared ambitious plans to produce enough chips to support up to 200 gigawatts a year of computing power on Earth, and up to one terawatt in space. SpaceX is also trying to do this Expanding the scope of its data center On the ground, it currently operates the Colossus data center in Memphis, Tennessee, which recently signed an agreement to… Running Anthropic’s AI models.

The Texas factory will be operated by SpaceX and Tesla and will make chips for both companies, which Musk said will be used in artificial intelligence, robotics and space data centers. Last month, Intel announced it would do so Help design and build TerraFab“Our ability to design, manufacture and package high-performance chips at scale will help accelerate TerraFab’s goal of producing 1 TW/year of computing to support future advances in artificial intelligence and robotics.”