Musk launches TERAFAB: a colossal cross-company chip push from Austin

Elon Musk unveiled TERAFAB, a joint chip-manufacturing effort by Tesla, SpaceX and xAI, calling it 'the most epic chip-building exercise in history by far,' to supply AI computing for vehicles, humanoid robots and space ventures. The project kicks off with an Austin-area design facility, while the main plant could span thousands of acres across multiple sites; the aim is to produce over 1 terawatt of AI compute per year to close the gap between today’s supply and future demand, with Gov. Abbott in attendance and job postings hinting at roles in Austin and Palo Alto.