Chief executive officer Elon Musk told investors Wednesday the in-house supercomputer is being designed to handle massive amounts of data, including video from Tesla cars, needed to create autonomous driving software.
Tesla Inc. is sparing no expense to become a player in supercomputing, with Elon Musk saying the electric carmaker plans to invest more than $1 billion on its so-called Project Dojo by the end of 2024.
“We will be spending well over $1 billion on Dojo” over the next year, he said during a conference call with analysts.
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