Business

Elon Musk and Samsung Executives Forge Groundbreaking $16.5B AI Chip Deal in Strategic Video Call

Strategic Partnership Unveiled

Tesla CEO Elon Musk recently engaged in a pivotal video conference with Samsung's chairman and senior executives to delineate the contours of their collaboration on Tesla's cutting-edge AI chips.

Mutual Confidence in Collaboration

Addressing skepticism on X, Musk affirmed, "They do," in response to doubts about Samsung's preparedness for the partnership. He emphasized the joint ambition to "use the strengths of both companies to achieve a great outcome."

A Deal That Speaks Volumes

This dialogue underscores the significance of the $16.5 billion deal, positioning Samsung's upcoming Texas chip plant as the manufacturing hub for Tesla's AI6 chip. Musk highlighted the strategic advantage of the facility's proximity to his residence, enabling his direct involvement in expediting advancements.